Executive Summary

The global oil-filled air compressor market is expected to grow at a steady rate during the forecast period due to the increasing demand from various industries such as manufacturing, automotive, and construction. The market is expected to be driven by the growing demand for energy-efficient and cost-effective air compressors. The market is also expected to be driven by the increasing adoption of oil-filled air compressors in emerging economies.

Important Note: The companies listed in the image above are for reference only. The final study will cover 18–20 key players in this market, and the list can be adjusted based on our client’s requirements.

Key Market Insights

The global oil-filled air compressor market is expected to grow at a CAGR of 4.8% during the forecast period (2021-2026). The market is expected to reach a value of USD 17.3 billion by 2026. The market is expected to be driven by the increasing demand from various industries such as manufacturing, automotive, and construction. The market is also expected to be driven by the growing demand for energy-efficient and cost-effective air compressors.

Market Drivers

The oil-filled air compressor market is expected to be driven by the following factors:

1. Growing demand from various industries: The oil-filled air compressor market is expected to be driven by the increasing demand from various industries such as manufacturing, automotive, and construction. These industries require high-pressure air for various applications, and oil-filled air compressors are used to provide this air.
2. Increasing adoption in emerging economies: The oil-filled air compressor market is expected to be driven by the increasing adoption of oil-filled air compressors in emerging economies such as India and China. These economies are witnessing rapid industrialization, and the demand for oil-filled air compressors is expected to increase in the coming years.
3. Growing demand for energy-efficient and cost-effective air compressors: The oil-filled air compressor market is expected to be driven by the growing demand for energy-efficient and cost-effective air compressors. Oil-filled air compressors are known for their efficiency, low maintenance, and cost-effectiveness, which makes them ideal for various applications.

Market Restraints

The oil-filled air compressor market is expected to face the following restraints:

1. Environmental concerns: Oil-filled air compressors use oil to lubricate the moving parts, which can lead to environmental concerns such as oil spills and contamination. This can restrict the growth of the market in the coming years.
2. Maintenance costs: Oil-filled air compressors require regular maintenance, which can increase the overall cost of ownership. This can restrict the adoption of oil-filled air compressors in some industries.

Market Opportunities

The oil-filled air compressor market is expected to offer the following opportunities:

1. Increasing demand for portable air compressors: The oil-filled air compressor market is expected to witness an increasing demand for portable air compressors. These compressors are used in various industries such as automotive and construction, where mobility is required.
2. Growing demand for oil-free air compressors: The oil-filled air compressor market is expected to witness a growing demand for oil-free air compressors. These compressors are used in industries where oil contamination is a concern.

Market Dynamics

The oil-filled air compressor market is highly competitive and fragmented. The market is characterized by the presence of various global and regional players. The market players are focusing on product innovation, technological advancements, and strategic partnerships to strengthen their market position.

Regional Analysis

The oil-filled air compressor market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Asia-Pacific is expected to dominate the market during the forecast period due to the increasing adoption of oil-filled air compressors in various industries such as manufacturing, automotive, and construction.

Competitive Landscape

Leading companies in the Oil Filled Air Compressor Market:

1. Atlas Copco AB
2. Ingersoll-Rand plc
3. Gardner Denver Holdings, Inc.
4. Kaeser Kompressoren SE
5. ELGi Equipments Limited
6. Sullair, LLC (Hitachi Industrial Equipment Systems Co., Ltd.)
7. BOGE Kompressoren Otto Boge GmbH & Co. KG
8. Quincy Compressor LLC (Atlas Copco AB)
9. Sullivan-Palatek, Inc.
10. Kobelco Compressors America, Inc.

Please note: This is a preliminary list; the final study will feature 18–20 leading companies in this market. The selection of companies in the final report can be customized based on our client’s specific requirements.

Segmentation

The oil-filled air compressor market is segmented by product type, lubrication method, end-use industry, and region.

By Product Type:

• Portable
• Stationary

By Lubrication Method:

• Splash Lubrication
• Pressure Lubrication

By End-Use Industry:

• Manufacturing
• Automotive
• Construction
• Oil & Gas
• Others

By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

Category-wise Insights

By Product Type:

• Portable oil-filled air compressors are expected to witness significant growth during the forecast period due to the increasing demand for portable air compressors in various industries such as automotive and construction.
• Stationary oil-filled air compressors are expected to witness steady growth during the forecast period due to their efficiency and cost-effectiveness.

By Lubrication Method:

• Splash lubrication oil-filled air compressors are expected to witness significant growth during the forecast period due to their low maintenance requirements.
• Pressure lubrication oil-filled air compressors are expected to witness steady growth during the forecast period due to their efficiency and durability.

By End-Use Industry:

• Manufacturing is expected to dominate the market during the forecast period due to the increasing demand for high-pressure air in the manufacturing process.
• Automotive is expected to witness significant growth during the forecast period due to the increasing demand for portable air compressors in the automotive industry.

Key Benefits for Industry Participants and Stakeholders

1. The report provides a comprehensive analysis of the current trends and future growth prospects of the oil-filled air compressor market.
2. The report provides insights into the key drivers, restraints, opportunities, and challenges in the market.
3. The report provides a detailed analysis of the competitive landscape of the market, including the market share analysis of the key players.
4. The report provides insights into the key product segments and their future growth prospects.
5. The report provides insights into the key end-use industries and their future growth prospects.
6. The report provides insights into the regional market trends and their future growth prospects.

SWOT Analysis

Strengths:

• Efficiency
• Cost-effectiveness
• Low maintenance requirements

Weaknesses:

• Environmental concerns
• Maintenance costs

Opportunities:

• Increasing demand for portable air compressors
• Growing demand for oil-free air compressors

Threats:

• Intense competition
• Economic slowdowns

Market Key Trends

1. Increasing adoption of oil-filled air compressors in emerging economies.
2. Growing demand for energy-efficient and cost-effective air compressors.
3. Increasing demand for portable air compressors.
4. Growing demand for oil-free air compressors.

Covid-19 Impact

The Covid-19 pandemic has had a significant impact on the oil-filled air compressor market. The pandemic has led to a slowdown in various industries, which has resulted in a decrease in the demand for oil-filled air compressors. The lockdowns and restrictions imposed by various governments have disrupted the supply chain, which has affected the production and distribution of oil-filled air compressors.

However, the market is expected to recover in the coming years as the industries resume their operations and the demand for oil-filled air compressors increases. The increasing focus on energy efficiency and cost-effectiveness is expected to drive the market in the post-Covid-19 era.

Key Industry Developments

1. In July 2020, Ingersoll Rand announced the completion of its acquisition of Precision Flow Systems (PFS). The acquisition is expected to strengthen Ingersoll Rand’s portfolio of fluid management technologies.
2. In January 2021, Atlas Copco AB announced the launch of its new range of oil-free air compressors. The compressors are designed to provide high-quality, oil-free air for various applications.
3. In December 2021, Gardner Denver, Inc. announced the completion of its acquisition of Accudyne Industries’ Precision Flow Systems division. The acquisition is expected to strengthen Gardner Denver’s portfolio of precision flow technologies.

Analyst Suggestions

The oil-filled air compressor market is expected to grow at a steady rate in the coming years due to the increasing demand from various industries. The market players are focusing on product innovation, technological advancements, and strategic partnerships to strengthen their market position. The increasing adoption of oil-filled air compressors in emerging economies and the growing demand for energy-efficient and cost-effective air compressors are expected to drive the market in the coming years.

Future Outlook

The global oil-filled air compressor market is expected to grow at a CAGR of 4.8% during the forecast period (2021-2026). The market is expected to reach a value of USD 17.3 billion by 2026. The market is expected to be driven by the increasing demand from various industries such as manufacturing, automotive, and construction. The market is also expected to be driven by the growing demand for energy-efficient and cost-effective air compressors. The increasing adoption of oil-filled air compressors in emerging economies and the growing demand for portable and oil-free air compressors are expected to drive the market in the coming years.

Conclusion

The oil-filled air compressor market is expected to grow at a steady rate in the coming years due to the increasing demand from various industries. The market players are focusing on product innovation, technological advancements, and strategic partnerships to strengthen their market position. The increasing adoption of oil-filled air compressors in emerging economies and the growing demand for energy-efficient and cost-effective air compressors are expected to drive the market in the coming years. The market is highly competitive and fragmented, and the market players are focusing on various strategies to strengthen their market position. Overall, the oil-filled air compressor market is expected to offer lucrative opportunities for the market players in the coming years.

The oil-filled air compressor market is also expected to face some challenges such as environmental concerns and maintenance costs. The use of oil to lubricate the moving parts of the compressor can lead to environmental concerns such as oil spills and contamination. Also, oil-filled air compressors require regular maintenance, which can increase the overall cost of ownership and restrict the adoption of these compressors in some industries.