Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Gas Compressors Market by Type (Centrifugal Type, Reciprocating Type, Screw Type, Others), By Application (Natural gas industry, Petrochemical Industry, Coal chemical industry, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Gas Compressors Market by Type (Centrifugal Type, Reciprocating Type, Screw Type, Others), By Application (Natural gas industry, Petrochemical Industry, Coal chemical industry, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 156457 3300 Machinery & Equipment 377 242 Pages 4.7 (46)
                                          

Market Overview:


The global gas compressors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for natural gas across the globe and rising investments in petrochemical and coal chemical industries. The global gas compressors market is segmented on the basis of type, application, and region. On the basis of type, it is divided into centrifugal type, reciprocating type, screw type, and others. The centrifugal compressor segment dominates the global gas compressors market with a share of more than 50%. This can be attributed to its high efficiency and low maintenance cost as compared to other types of compressor technologies available in the market. On account of growing demand for natural gas across various end-use industries such as power generation, petrochemicals industry etc.


Global Gas Compressors Industry Outlook


Product Definition:


Gas compressors are machines that use pressure to increase the density of a gas. This increased density can be used to do things like power an engine or move fluid through a pipeline.


Centrifugal Type:


Centrifugal type is a gas compressor which has rotating impeller for compressing the gas to high pressure and speed. It can be used in various applications such as industrial, automobile, power generation industries and medical industries. The centrifugal type is widely used in natural gas compressors owing to its advantages such as less operating cost, simple structure & design and easy maintenance.


Reciprocating Type:


Reciprocating type is a mechanical device used to convert the linear motion of a piston into circular motion. It is mainly used in gas compressors for efficient working. The reciprocating compressor works on the principle of leverage and uses two pistons which are connected by a common stroke mechanism. One piston acts as positive while other acts as negative, hence the name reciprocating compressor.


Application Insights:


Petrochemical industry was the largest application segment in 2017 and is expected to grow at a CAGR of XX% over the forecast period. The natural gas industry is also one of the major users of these compressors owing to its growing demand for natural gas from shale reserves across North America and Europe. Growing demand for LNG as an energy carrier in various industries such as power generation, fertilizer production, steel manufacturing has augmented market growth over recent years.


The use of natural gas in coal chemical industry is projected to witness significant growth on account of increasing utilization rates and rising product demand from various end-use industries including cement manufacturing, iron & steel making etc.


Regional Analysis:


Asia Pacific dominated the global gas compressors market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major economies, such as China, India, Japan and South Korea. Increasing industrialization coupled with rapid economic growth in these countries has led to an increase in demand for energy resources resulting into increased utilization of compressors.


The Asia Pacific was followed by Europe which accounted for a share of 24% in terms of revenue owing to high demand from end-user industries including natural gas compression; petrochemical; coal chemical; power generation sectors across this region. North America also had a significant market share owing to growing shale gas production along with increasing need for enhanced oil recovery activities that are likely drive regional product demand over the next eight years or so.


Growth Factors:


  • Increasing demand for natural gas from various end-use industries such as power generation, fertilizer production, and petrochemical industry is expected to drive the growth of gas compressors market over the forecast period.
  • Rising investments in oil & gas exploration and production activities are also anticipated to boost the demand for gas compressors across the globe.
  • Growing popularity of LNG as a cleaner fuel is another key factor that is expected to propel the growth of global gas compressors market in near future.
  • Technological advancements in compressor design and manufacturing processes are likely to create new opportunities for players operating in this market over the next few years.

Scope Of The Report

Report Attributes

Report Details

Report Title

Gas Compressors Market Research Report

By Type

Centrifugal Type, Reciprocating Type, Screw Type, Others

By Application

Natural gas industry, Petrochemical Industry, Coal chemical industry, Others

By Companies

GE, ARIEL, Dresser-Rand, Atlas Copco, Burckhardt, Ingersoll Rand, HMS Group, Gardner Denver, Accudyne, Kobelco, BAUER, CHKZ LLC, Blower works, Kaishan

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

242

Number of Tables & Figures

170

Customization Available

Yes, the report can be customized as per your need.


Global Gas Compressors Market Report Segments:

The global Gas Compressors market is segmented on the basis of:

Types

Centrifugal Type, Reciprocating Type, Screw Type, Others

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Natural gas industry, Petrochemical Industry, Coal chemical industry, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. GE
  2. ARIEL
  3. Dresser-Rand
  4. Atlas Copco
  5. Burckhardt
  6. Ingersoll Rand
  7. HMS Group
  8. Gardner Denver
  9. Accudyne
  10. Kobelco
  11. BAUER
  12. CHKZ LLC
  13. Blower works
  14. Kaishan

Global Gas Compressors Market Overview


Highlights of The Gas Compressors Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Centrifugal Type
    2. Reciprocating Type
    3. Screw Type
    4. Others
  1. By Application:

    1. Natural gas industry
    2. Petrochemical Industry
    3. Coal chemical industry
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Gas Compressors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

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

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Gas Compressors Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A gas compressor is a machine that uses atmospheric pressure to increase the volume of a gas.

Some of the major companies in the gas compressors market are GE, ARIEL, Dresser-Rand, Atlas Copco, Burckhardt, Ingersoll Rand, HMS Group, Gardner Denver, Accudyne, Kobelco, BAUER, CHKZ LLC, Blower works, Kaishan.

The gas compressors market is expected to grow at a compound annual growth rate of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Gas Compressors Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Gas Compressors Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Gas Compressors Market - Supply Chain
   4.5. Global Gas Compressors Market Forecast
      4.5.1. Gas Compressors Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Gas Compressors Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Gas Compressors Market Absolute $ Opportunity

5. Global Gas Compressors Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Gas Compressors Market Size and Volume Forecast by Type
      5.3.1. Centrifugal Type
      5.3.2. Reciprocating Type
      5.3.3. Screw Type
      5.3.4. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Gas Compressors Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Gas Compressors Market Size and Volume Forecast by Application
      6.3.1. Natural gas industry
      6.3.2. Petrochemical Industry
      6.3.3. Coal chemical industry
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Gas Compressors Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Gas Compressors Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Gas Compressors Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Gas Compressors Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Gas Compressors Demand Share Forecast, 2019-2026

9. North America Gas Compressors Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Gas Compressors Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Gas Compressors Market Size and Volume Forecast by Application
      9.4.1. Natural gas industry
      9.4.2. Petrochemical Industry
      9.4.3. Coal chemical industry
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Gas Compressors Market Size and Volume Forecast by Type
      9.7.1. Centrifugal Type
      9.7.2. Reciprocating Type
      9.7.3. Screw Type
      9.7.4. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Gas Compressors Demand Share Forecast, 2019-2026

10. Latin America Gas Compressors Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Gas Compressors Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Gas Compressors Market Size and Volume Forecast by Application
      10.4.1. Natural gas industry
      10.4.2. Petrochemical Industry
      10.4.3. Coal chemical industry
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Gas Compressors Market Size and Volume Forecast by Type
      10.7.1. Centrifugal Type
      10.7.2. Reciprocating Type
      10.7.3. Screw Type
      10.7.4. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Gas Compressors Demand Share Forecast, 2019-2026

11. Europe Gas Compressors Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Gas Compressors Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Gas Compressors Market Size and Volume Forecast by Application
      11.4.1. Natural gas industry
      11.4.2. Petrochemical Industry
      11.4.3. Coal chemical industry
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Gas Compressors Market Size and Volume Forecast by Type
      11.7.1. Centrifugal Type
      11.7.2. Reciprocating Type
      11.7.3. Screw Type
      11.7.4. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Gas Compressors Demand Share, 2019-2026

12. Asia Pacific Gas Compressors Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Gas Compressors Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Gas Compressors Market Size and Volume Forecast by Application
      12.4.1. Natural gas industry
      12.4.2. Petrochemical Industry
      12.4.3. Coal chemical industry
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Gas Compressors Market Size and Volume Forecast by Type
      12.7.1. Centrifugal Type
      12.7.2. Reciprocating Type
      12.7.3. Screw Type
      12.7.4. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Gas Compressors Demand Share, 2019-2026

13. Middle East & Africa Gas Compressors Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Gas Compressors Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Gas Compressors Market Size and Volume Forecast by Application
      13.4.1. Natural gas industry
      13.4.2. Petrochemical Industry
      13.4.3. Coal chemical industry
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Gas Compressors Market Size and Volume Forecast by Type
      13.7.1. Centrifugal Type
      13.7.2. Reciprocating Type
      13.7.3. Screw Type
      13.7.4. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Gas Compressors Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Gas Compressors Market: Market Share Analysis
   14.2. Gas Compressors Distributors and Customers
   14.3. Gas Compressors Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. GE
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. ARIEL
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Dresser-Rand
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Atlas Copco
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Burckhardt
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Ingersoll Rand
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. HMS Group
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Gardner Denver
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Accudyne
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Kobelco
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. BAUER
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. CHKZ LLC
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Blower works
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Kaishan
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

Our Trusted Clients

Contact Us