Oil Filled Air Compressor Market Research Report By Compressor Type (Reciprocating, Rotary Screw, Centrifugal), By Pressure Range (Low Pressure (0-20 bar), Medium Pressure (20-100 bar), High Pressure (>100 bar)), By Capacity Range (Small Capacity (less than 100 cfm), Medium Capacity (100-500 cfm), Large Capacity (greater than 500 cfm)), By Application (Industrial, Automotive, Construction, Mining, Utilities), By Cooling Technology (Air-Cooled, Water-Cooled) and By Regional (North America, Europe, South America, Asia Pacific, Middle East

Global Oil Filled Air Compressor Market Overview

As per MRFR analysis, the Oil Filled Air Compressor Market Size was estimated at 15.99 (USD Billion) in 2022. The Oil Filled Air Compressor Market Industry is expected to grow from 16.51 (USD Billion) in 2023 to 22.03 (USD Billion) by 2032. The Oil Filled Air Compressor Market CAGR (growth rate) is expected to be around 3.26% during the forecast period (2024 - 2032).

Key Oil Filled Air Compressor Market Trends Highlighted

There are a number of key aspects of the global oil-filled air compressor market that influence its future growth pattern. First and foremost is the growing energy efficiency requirement due to increasing energy prices and other environmental issues. In response, oil-filled air compressors are being manufactured with higher energy efficiency ratings leading to low operational costs for the end-users. Apart from that, there is an increased trend in the use of oil-free air compressors, especially in places where contamination is a primary concern. However, the market share of oil-filled air compressors is still considerable owing to their cost efficiency and reliability in various industries such as manufacturing, construction, and automobile, amongst others. Also, new technologies have enabled the manufacture of smart and connected air compressors that can be monitored and maintained remotely, thus improving performance.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Oil Filled Air Compressor Market Drivers

Increasing Demand for Industrial Automation

A substantial driver of the Oil Filled Air Compressor Market Industry is the increasing prevalence of industrial automation in various branches of industry. As the percentage of automated manufacturing ultimately increases, the necessity for dependable and efficient air compressors will rise. In fact, oil-filled air compressors demonstrate superior energy efficiency compared to their oil-free counterparts, allowing the producers to reduce the associated costs of operation while enjoying a lower demand for maintenance and upkeep.

Rising Demand from the Energy Sector

By the same token, the energy sector is another huge growth driver for the Oil Filled Air Compressor Market Industry. Many oil-filled air compressors are utilized in the operations of oil and gas exploration, production and refining. Specifically, they are used for powering pneumatic tools, operating valves and as a backup power source in case of emergencies. The rise in energy consumption and the higher complexity of oil and gas operations will drive the demand for oil-filled air compressors in the forecast period.

Government Regulations and Environmental Concerns

Government regulations and environmental concerns are also playing a role in driving the growth of the Oil Filled Air Compressor Market Industry. Many countries have implemented strict regulations on air pollution, which has led to a shift towards more environmentally friendly air compressor technologies. Oil-filled air compressors are known for their low noise levels and reduced emissions, making them an attractive choice for companies looking to comply with environmental regulations.

Oil Filled Air Compressor Market Segment Insights:

Oil Filled Air Compressor Market Compressor Type Insights

The Oil Filled Air Compressor Market segmentation by compressor type includes reciprocating, rotary screw, and centrifugal compressors. Reciprocating compressors are positive displacement compressors that use a piston to compress air. They are available in both single-stage and multi-stage configurations. Rotary screw compressors are also positive displacement compressors that use two intermeshing screws to compress air. They are known for their high efficiency and low noise levels. Centrifugal compressors are dynamic compressors that use a rotating impeller to compress air.They are capable of delivering high flow rates at relatively low pressures.

In 2023, the reciprocating compressor segment accounted for the largest share of the Oil Filled Air Compressor Market due to its wide range of applications in various industries such as construction, manufacturing, and mining. The rotary screw compressor segment is expected to grow at a significant CAGR during the forecast period due to its increasing adoption in oil and gas, power generation, and other industrial applications. The centrifugal compressor segment is expected to account for a smaller share of the market but is expected to witness steady growth over the forecast period.

The market growth for oil-filled air compressors is driven by increasing demand from various end-use industries such as manufacturing, construction, mining, and oil and gas. The growing adoption of automation in these industries is also contributing to the growth of the market. Additionally, the rising demand for energy-efficient and environmentally friendly products is expected to further drive the growth of the oil-filled air compressor market.

Key market players in the Oil Filled Air Compressor Market include Ingersoll Rand, Atlas Copco, Sullair, Kaeser Compressors, and Gardner Denver.These companies are investing in research and development to improve the efficiency and performance of their products. They are also expanding their global presence through acquisitions and partnerships. Overall, the Oil Filled Air Compressor Market is expected to witness steady growth over the forecast period, driven by increasing demand from various end-use industries and the growing adoption of automation. The market is expected to be competitive, with key players focusing on innovation and expansion to gain market share.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Oil Filled Air Compressor Market Pressure Range Insights  

The Oil Filled Air Compressor Market is segmented by pressure range into low pressure (0-20 bar), medium pressure (20-100 bar), and high pressure (>100 bar). In 2024, the Oil Filled Air Compressor Market revenue was valued at USD 24.54 billion, with the low pressure segment accounting for the largest share of the market.

The low-pressure segment is expected to continue to dominate the market in the coming years, owing to the increasing demand for oil-filled air compressors in various industrial applications such as food and beverage, pharmaceutical, and automotive.The medium pressure segment is also expected to witness significant growth, driven by the rising demand for compressed air in the oil and gas industry. The high-pressure segment is expected to grow at a slower pace, as it is primarily used in specialized applications such as aerospace and defense.

Oil Filled Air Compressor Market Capacity Range Insights

The Oil Filled Air Compressor Market revenue is segmented based on Capacity Range into Small Capacity (less than 100 cfm), Medium Capacity (100-500 cfm), and Large Capacity (greater than 500 cfm). The Small Capacity segment accounted for the largest market share in 2023, owing to the increasing demand for small-sized air compressors in various industries such as automotive, electronics, and food beverage.

The Medium Capacity segment is expected to witness significant growth over the forecast period due to the rising adoption of medium-sized air compressors in industrial applications such as manufacturing and construction.The Large Capacity segment is projected to grow at a steady pace, driven by the growing demand for high-power air compressors in heavy industries such as mining, oil gas, and power generation.

Oil Filled Air Compressor Market Application Insights

Application Segment Insights and Overview The Oil Filled Air Compressor Market is segmented by application into industrial, automotive, construction, mining, and utilities. The industrial segment is expected to hold the largest market share in 2023, accounting for over 40% of the Oil Filled Air Compressor Market revenue. The growth of the industrial segment can be attributed to the increasing demand for oil filled air compressors in various industries, such as manufacturing, food and beverage, and pharmaceuticals.

The automotive segment is expected to be the second-largest segment, followed by the construction, mining, and utilities segments.The growing demand for oil filled air compressors in the automotive industry is due to their use in vehicle assembly and maintenance. The construction segment is expected to grow at a steady pace, driven by the increasing construction activities in developing countries. The mining segment is expected to grow at a moderate pace due to the increasing demand for oil filled air compressors in mining operations. The utilities segment is expected to grow at a slow pace due to the increasing adoption of renewable energy sources.

Oil Filled Air Compressor Market Cooling Technology Insights

The Oil Filled Air Compressor Market is segmented based on Cooling Technology into Air-Cooled and Water-Cooled. In 2023, the Air-Cooled segment accounted for a larger revenue share and is projected to maintain its dominance throughout the forecast period. Air-cooled compressors are generally smaller in size and more portable, making them suitable for applications where space is a constraint. They are also less expensive and easier to maintain compared to water-cooled compressors. However, air-cooled compressors are less efficient and can generate more noise and heat.

Water-cooled compressors, on the other hand, are larger in size and require a separate cooling system, which can add to the cost and complexity. However, they offer better cooling efficiency and can operate at higher pressures. The growth of the water-cooled segment is expected to be driven by increasing demand for high-performance compressors in industrial applications.

Oil Filled Air Compressor Market Regional Insights

The Oil Filled Air Compressor Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, APAC is expected to hold the largest market share in the coming years. The growth of the APAC market is attributed to the increasing demand for oil-filled air compressors in various industries, such as manufacturing, construction, and mining.

Europe is another major market for oil-filled air compressors. The region has a large number of manufacturing facilities, which require a reliable and efficient source of compressed air.North America is also a significant market for oil-filled air compressors. The region has a strong industrial base, which is expected to drive the growth of the market in the coming years. South America and MEA are expected to witness moderate growth in the coming years.Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Oil Filled Air Compressor Market Key Players And Competitive Insights:

Major players in the oil filled Air Compressor Market are constantly striving to gain a competitive edge in the industry. Leading Oil Filled Air Compressor Market players are investing heavily in research and development to introduce innovative products and technologies. They are also focusing on expanding their global presence through strategic partnerships and acquisitions.

The Oil Filled Air Compressor Market industry is characterized by intense competition, with several major players vying for market share. These companies are adopting various strategies to differentiate their offerings and attract customers. Some of the key competitive strategies include product innovation, cost optimization, and customer service excellence. The Oil Filled Air Compressor Market Competitive Landscape is expected to remain highly competitive in the coming years, with new entrants and established players continuing to battle for market dominance.

A leading company in the Oil Filled Air Compressor Market is Quincy Compressor. The company has a strong global presence and offers a wide range of oil-filled air compressors. Quincy Compressor is known for its high-quality products and reliable customer service. The company has a strong focus on innovation and regularly introduces new products to meet the changing needs of its customers. Quincy Compressor is also committed to sustainability and has implemented several initiatives to reduce its environmental footprint.

A major competitor in the Oil Filled Air Compressor Market is Sullair. The company offers a wide range of oil-filled air compressors, including portable, stationary, and rotary screw compressors. Sullair is known for its durable and reliable products. The company has a strong focus on customer service and provides a variety of support services to its customers. Sullair is also committed to sustainability and has implemented several initiatives to reduce its environmental footprint.

Key Companies in the Oil Filled Air Compressor Market Include:

• Mitsubishi Heavy Industries


• Kobe Steel


• Gardner Denver


• Fusheng


• Quincy Compressor


• CompAir


• Hitachi


• Kaeser Kompressoren


• Airtec


• Sullair


• Sulzer


• Ingersoll Rand


• Atlas Copco


• Mattei


• Boge Compressors

• Reciprocating


• Rotary Screw


• Centrifugal

• Low Pressure (0-20 bar)


• Medium Pressure (20-100 bar)


• High Pressure (>100 bar)

• Small Capacity (less than 100 cfm)


• Medium Capacity (100-500 cfm)


• Large Capacity (greater than 500 cfm)

• Industrial


• Automotive


• Construction


• Mining


• Utilities

• Air-Cooled


• Water-Cooled

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa