Market Overview:
The Global Compact Turbo-compressor Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient and compact turbo compressors in various industrial, agricultural, and transportation applications. Additionally, the growing demand for compressed natural gas (CNG) as a fuel source is also propelling the growth of the global compact turbo compressor market. Based on type, the global compact turbo compressor market can be segmented into single stroke turbo compressors and two stroke turbo compressors. Single stroke turbo compressors are more popular than two stroke turbos due to their higher efficiency levels and lower noise levels. Based on application, the global compact turbo compressor market can be segmented into industrial applications, agricultural applications, and transportation applications.
Product Definition:
Compact Turbo-compressor is a type of gas compressor that uses a turbine to drive the compression process. The importance of Compact Turbo-compressor is that it can provide high pressure and flow rates for compressed air systems while occupying a relatively small footprint.
Single Stroke Turbo Compressor:
Single stroke turbo compressor is a kind of gas turbine which uses exhaust gases as its working fluid. It is used in gas turbines where the expansion ratio can be adjusted easily by changing the speed of the blades. The single-stroke turbo compressor has no moving parts, so it does not have any wear and tear problems like other compressors do.
The single-stroke turbo compressor works on different principles than multi-stage.
Two Stroke turbo compressor:
The two stroke turbo compressor is used in small compact turbo-compressor. It works on the principle of inter-cooling by reducing the temperature of exhaust gas. The working cycle of two stroke turbo compressor is very less as compared to that of a normal reciprocating engine due to which it needs more number of cycles to deliver same output power as a reciprocating engine, thus making it less efficient than a normal engines.
Application Insights:
The industrial application segment led the global compact turbo-compressor market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for compressors in industries such as oil & gas, power generation, food processing, pulp and paper manufacturing among others. Industrial applications accounted for more than 60% of total market share in 2017 owing to rising demand from major end-use markets including chemical plants, petrochemical facilities along with construction industry projects across various regions globally.
Agricultural applications are expected to witness significant growth over the forecast period due largely to increased use of diesel engines on account of their ability provide high torque at low speeds which makes them suitable for agricultural equipment operation needs worldwide coupled with favorable government regulations regarding greenhouse gas emissions reduction programs globally that are likely drive product demand from this segment further without affecting overall industry growth much during the projected time frame.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing demand for compact turbo-compressors in residential as well as commercial applications. The region has been witnessing strong economic growth since the past few years on account of rising foreign investments coupled with government support in developing infrastructure projects such as airports, ports, and railways among others will drive product demand over the forecast period.
North America accounted for more than 25% share of global revenue in 2017 owing to early adoption by end users coupled with high awareness regarding energy conservation resulting into less usage of compressors overall which would result into reduced maintenance cost thus boosting their adoption rate further. Moreover, growing oil & gas industry mainly due to shale gas reserves boom along with increasing offshore drilling activities will augment product demand further driving North America compact turbo-compressor market at a significant growth rate during the forecast period.
Growth Factors:
- Increasing demand for energy-efficient and environment-friendly technologies
- Rapid industrialization in developing countries
- Rising need for compressed air in various end-user industries
- Technological advancements in turbo-compressor technology
- Growing popularity of modular turbo-compressor systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Compact Turbo-compressor Market Research Report
By Type
Single Stroke Turbo Compressor, Two Stroke turbo compressor
By Application
Industrial, Agricultural, Transportation
By Companies
ABB Turbocharging, ALMIG Kompressoren, Enervac, Celeroton AG, kTurbo, FISCHER AG-Prazisionsspindeln, Howden BC Compressors, MAN Diesel & Turbo
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Compact Turbo-compressor Market Report Segments:
The global Compact Turbo-compressor market is segmented on the basis of:
Types
Single Stroke Turbo Compressor, Two Stroke turbo compressor
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
Industrial, Agricultural, Transportation
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:
- ABB Turbocharging
- ALMIG Kompressoren
- Enervac
- Celeroton AG
- kTurbo
- FISCHER AG-Prazisionsspindeln
- Howden BC Compressors
- MAN Diesel & Turbo
Highlights of The Compact Turbo-compressor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Stroke Turbo Compressor
- Two Stroke turbo compressor
- By Application:
- Industrial
- Agricultural
- Transportation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Compact Turbo-compressor 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Compact Turbo-compressor is a small, portable compressor that can be used to increase the air flow rate in small spaces. This type of compressor is often used in automotive and industrial applications, where it helps to reduce the time needed to fill up a tire or refill an air tank.
Some of the major companies in the compact turbo-compressor market are ABB Turbocharging, ALMIG Kompressoren, Enervac, Celeroton AG, kTurbo, FISCHER AG-Prazisionsspindeln, Howden BC Compressors, MAN Diesel & Turbo.
The compact turbo-compressor market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Compact Turbo-compressor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Compact Turbo-compressor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Compact Turbo-compressor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Compact Turbo-compressor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Compact Turbo-compressor Market Size & Forecast, 2020-2028
4.5.1 Compact Turbo-compressor Market Size and Y-o-Y Growth
4.5.2 Compact Turbo-compressor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Stroke Turbo Compressor
5.2.2 Two Stroke turbo compressor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Agricultural
6.2.3 Transportation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Compact Turbo-compressor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Compact Turbo-compressor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Stroke Turbo Compressor
9.6.2 Two Stroke turbo compressor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Agricultural
9.10.3 Transportation
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Stroke Turbo Compressor
10.6.2 Two Stroke turbo compressor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Agricultural
10.10.3 Transportation
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Stroke Turbo Compressor
11.6.2 Two Stroke turbo compressor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Agricultural
11.10.3 Transportation
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Stroke Turbo Compressor
12.6.2 Two Stroke turbo compressor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Agricultural
12.10.3 Transportation
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Stroke Turbo Compressor
13.6.2 Two Stroke turbo compressor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Agricultural
13.10.3 Transportation
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Compact Turbo-compressor Market: Competitive Dashboard
14.2 Global Compact Turbo-compressor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB Turbocharging
14.3.2 ALMIG Kompressoren
14.3.3 Enervac
14.3.4 Celeroton AG
14.3.5 kTurbo
14.3.6 FISCHER AG-Prazisionsspindeln
14.3.7 Howden BC Compressors
14.3.8 MAN Diesel & Turbo
