Global Oil Free Reciprocating Compressors Above 100 KW Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030
Oil Free Reciprocating Compressors Above 100 KW is an air compression equipment using oil-free technology and piston compression mechanism. It is a reciprocating compressor with a power of more than 100KW that compresses and transports gas through the reciprocating movement of the piston in the cylinder.
Market Overview:The latest research study on the global Oil Free Reciprocating Compressors Above 100 KW market finds that the global Oil Free Reciprocating Compressors Above 100 KW market reached a value of USD 102.92 million in 2023. It’s expected that the market will achieve USD 143.05 million by 2029, exhibiting a CAGR of 5.64% during the forecast period.
Atlas Copco Acquires Hycomp Inc.
Jan 9, 2024
NACKA, Sweden — Atlas Copco Group announced Tuesday that Hycomp Inc.’s technology has become part of the company. Hycomp designs, produces, sells and services specialized, high-pressure, oil-free compressors and boosters for a variety of industries. Hycomp is a privately-owned company located north of Salt Lake City and has 37 employees. In 2023, the company had revenues of $8 million. Hycomp’s technology will become part of the Professional Air division within the Compressor Technique business area.
Ariel and Hoerbiger Announce Partnership for Non-Lube Compressor Solutions for Hydrogen Mobility Markets
June 28, 2022
Ariel Corporation, the world's largest manufacturer of separable reciprocating gas compressors and Hoerbiger, a global leader in reciprocating gas compressor components technology, announce their agreement to provide non-lube compressor solutions capable of fulfilling the hydrogen compression requirements of the future hydrogen mobility market such as public transportation, large fleet vehicles, private trucking companies, trains, boats/ships and other high volume, high pressure, vehicle-fueling applications.
Ariel and Hoerbiger have worked together over the past year; leveraging the combined research, development, design, material science, manufacturing, and assembly capabilities to provide compressor solutions required by many of the high volume/high pressure vehicle fueling projects in planning or realization stages around the world.
Hoerbiger will be enabled to provide packaged compressor solutions as a component to high volume/high pressure fueling facilities utilizing any source of hydrogen.
HOERBIGER is active throughout the world in the energy sector, the process industry, the automotive industry, the mechanical engineering sector, in safety engineering, and in the electrical industry. In 2021, its 5,862 employees achieved sales of 1.119 billion euros in 131 locations across 46 countries.
Growth in demand from downstream industries
The Food processing industry is a major end-use industry for Oil Free Reciprocating Compressors Above 100 KW. Oil Free Reciprocating Compressors Above 100 KW are widely used in this industry. The Food processing industry has strict regulations regarding food safety and quality. For example, current good manufacturing practices (cGMP), specified in FSMA CFR Title 21 117.40, are the cornerstone of this food safety effort. Chapter 21 details the cleanliness and cross-contamination standards that factories must meet in order for food to be considered safe. According to the Compressed Air and Gas Institute (CAGI) and the International Organization for Standardization (ISO), the three major contaminants in compressed air are solid particles, water and oil. Oil Free Reciprocating Compressors Above 100 KW are oil-free and will not contaminate food. They are helpful to solve food safety problems in the manufacturing process of the food processing industry. They have become an indispensable equipment in food production. This is driving the application of Oil Free Reciprocating Compressors Above 100 KW in the food processing industry.
Noisy and requires a lot of space
Oil Free Reciprocating Compressors Above 100 KW have a complex design with many moving parts that can cause noise and vibration. They operate with a more pulsating motion that generates more noise and vibration. They also tend to not be as good at soundproofing, especially in smaller models. Additionally, Oil Free Reciprocating Compressors Above 100 KW often come with an integrated gas tank, so when assessing space requirements, it is important to consider the overall size of the equipment, including compressor and gas tank. Oil Free Reciprocating Compressors Above 100 KW require a lot of space. These factors also limit the development and expansion of the Oil Free Reciprocating Compressors Above 100 KW market.
Region Overview:In 2022, the share of the Oil Free Reciprocating Compressors Above 100 KW market in North America
stood at 17.59%.
Asia Pacific is projected to account for a considerable share of the Oil Free Reciprocating Compressors Above 100 KW market and is expected to become the largest region by 2028.
Company Overview:AF Compressors is one of the major players operating in the Oil Free Reciprocating Compressors Above 100 KW market, holding a share of 52.43% in 2023.
AF Compressors, Atlas Copco, Ariel Corporation, Abc Compressors and Keepwin Technology are the five key players in the global Oil Free Reciprocating Compressors Above 100 KW market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Oil Free Reciprocating Compressors Above 100 KW market in the past 5 years.
Segmentation Overview:By type, Non-lubricated segment accounted for the largest share of market in 2022.
Among different product types, Non-lubricated segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Chemical Industry segment occupied the biggest share from 2018 to 2022.
The market's largest segment by application is the segment Chemical Industry, with a market share of 35.66% in 2022.
Key Companies in the global Oil Free Reciprocating Compressors Above 100 KW market covered in Chapter 3:Keepwin Technology
Ariel Corporation
AF Compressors
Atlas Copco
Abc Compressors
In Chapter 4 and Chapter 14.2, on the basis of types, the Oil Free Reciprocating Compressors Above 100 KW market from 2019 to 2030 is primarily split into:Lubricated
Non-lubricated
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Oil Free Reciprocating Compressors Above 100 KW market from 2019 to 2030 covers:Chemical Industry
Food Processing
Electronic Industry
Hospitals and Pharmaceuticals
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)