Market Overview:
The global compressor market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for compressed air in various applications such as oil and gas, manufacturing, and others. Moreover, the growing industrialization and urbanization are also fueling the growth of the global compressor market. However, high installation and maintenance costs may restrain the growth of this market during the forecast period. On basis of type, reciprocating compressors accounted for a major share ofthe global compressormarket in 2017. This segment is projected to grow at a CAGRof X.X% from 2018to 2030 owing to its low costand easy maintenance features. Screw compressors areexpectedtogrowat amuch higherCAGRofXX%duringthe forecastperioddue tobetheirhigh efficiencyand capacity utilization rates as compared with other typesofcompressors . On basis o f application , th e oil an d ga s se ctor ac counted fo r th e ma jo r sha re o f t he glo ba l com press or ma rke t i n 2 017 . Thi s se cto r i s projec ted t o gr ow ata CA G Ro f X .
Product Definition:
A compressor is a device or software that reduces the dynamic range of an audio signal. This means that it attenuates the loudest parts of the signal while leaving the quieter parts unchanged. The result is a signal with a more consistent volume, which makes it easier to mix and master. Compressors are used in virtually all genres of music, and they can be found in both hardware and software form.
Reciprocating Compressor:
Reciprocating compressor is a mechanical device used to increase the pressure in a controlled manner. It works by transferring energy from one or more sources of power through rotary blades to drive an impeller which increases the pressure in the desired direction. The reciprocating compressor has applications in various end-use industries such as oil & gas, chemical processing, food & beverage and pulp & paper among others.
Screw Compressor:
Screw compressor is a mechanical device used to convert the reciprocating motion of air into rotary motion. It works on the basic principle that any rotating machine creates a vacuum which leads to an increase in pressure. The product is widely used in gas turbines, automotive engines, and domestic refrigerators as well as for making compressors.
The major components of screw compressor include rotor, stator plate, vane or nozzle and chamber (if required).
Application Insights:
The manufacturing sector accounted for a major share in the global compressor market. The segment is expected to witness significant growth on account of increasing industrialization and construction activities in developing countries such as India, China, Thailand and Indonesia. In addition, growing demand for compressors from the oil & gas industry is also projected to drive the market over the forecast period.
The oil & gas industry was one of the largest consumers of compressors with more than 15% share in 2015. Rapidly expanding upstream and downstream sectors coupled with rising production levels are expected to drive demand over next seven years particularly in North America and Europe regions which together account for majority share within this application segment.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to rapid industrialization and increasing energy demand. The region is expected to witness significant growth over the forecast period, with China being a major contributor. Growing oil and gas industry in China is anticipated to drive regional growth over the coming years. In addition, rising manufacturing activities due to availability of low-cost labor & raw materials are also expected fuel regional growth.
North America accounted for a significant share of global revenue in 2017 owing to growing oil and gas industry coupled with stringent government regulations regarding environment sustainability & safety standards at work place which has compelled manufacturers operating compressors in this sector adopt latest technologies resulting into higher demand for compressors across various end use industries such as food processing, chemicals, metalworking etc., thereby driving overall market development across this region as well Asia Pacific during the forecast period from 2018 To 2030 (Ref.: World Energy Council).
Growth Factors:
- Increasing demand for compressed air in various industries for efficient and effective operations
- Growing awareness about the benefits of compressed air systems among small and medium-sized businesses
- Rising investments in industrial infrastructure by developing countries
- Proliferation of advanced compressor technologies that offer improved performance and efficiency
- Growing demand for energy-efficient compressed air systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Compressor Market Research Report
By Type
Reciprocating Compressor, Screw Compressor, Centrifugal Compressor
By Application
Oil and Gas, Manufacturing, Others
By Companies
Atlas Copco, Ingersoll Rand, Sullair, Kaeser, Doosan, Gardner Denver, BOGE, Kobelco, Elgi, Airman, Atlas Copco, Fusheng, Zhejiang Kaishan Compressor Co., Ltd, Hongwuhuan, Hanbell
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Compressor Market Report Segments:
The global Compressor market is segmented on the basis of:
Types
Reciprocating Compressor, Screw Compressor, Centrifugal 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
Oil and Gas, Manufacturing, 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:
- Atlas Copco
- Ingersoll Rand
- Sullair
- Kaeser
- Doosan
- Gardner Denver
- BOGE
- Kobelco
- Elgi
- Airman
- Atlas Copco
- Fusheng
- Zhejiang Kaishan Compressor Co., Ltd
- Hongwuhuan
- Hanbell
Highlights of The 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:
- Reciprocating Compressor
- Screw Compressor
- Centrifugal Compressor
- By Application:
- Oil and Gas
- Manufacturing
- Others
- 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 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?
Compressor is a software that helps you to compress audio files.
Some of the key players operating in the compressor market are Atlas Copco, Ingersoll Rand, Sullair, Kaeser, Doosan, Gardner Denver, BOGE, Kobelco, Elgi, Airman, Atlas Copco, Fusheng, Zhejiang Kaishan Compressor Co., Ltd, Hongwuhuan, Hanbell.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 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 Compressor Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 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 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 Compressor Market Size & Forecast, 2020-2028 4.5.1 Compressor Market Size and Y-o-Y Growth 4.5.2 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 Reciprocating Compressor
5.2.2 Screw Compressor
5.2.3 Centrifugal 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 Oil and Gas
6.2.2 Manufacturing
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 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 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 Reciprocating Compressor
9.6.2 Screw Compressor
9.6.3 Centrifugal 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 Oil and Gas
9.10.2 Manufacturing
9.10.3 Others
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 Reciprocating Compressor
10.6.2 Screw Compressor
10.6.3 Centrifugal 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 Oil and Gas
10.10.2 Manufacturing
10.10.3 Others
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 Reciprocating Compressor
11.6.2 Screw Compressor
11.6.3 Centrifugal 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 Oil and Gas
11.10.2 Manufacturing
11.10.3 Others
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 Reciprocating Compressor
12.6.2 Screw Compressor
12.6.3 Centrifugal 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 Oil and Gas
12.10.2 Manufacturing
12.10.3 Others
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 Reciprocating Compressor
13.6.2 Screw Compressor
13.6.3 Centrifugal 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 Oil and Gas
13.10.2 Manufacturing
13.10.3 Others
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 Compressor Market: Competitive Dashboard
14.2 Global Compressor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Atlas Copco
14.3.2 Ingersoll Rand
14.3.3 Sullair
14.3.4 Kaeser
14.3.5 Doosan
14.3.6 Gardner Denver
14.3.7 BOGE
14.3.8 Kobelco
14.3.9 Elgi
14.3.10 Airman
14.3.11 Atlas Copco
14.3.12 Fusheng
14.3.13 Zhejiang Kaishan Compressor Co., Ltd
14.3.14 Hongwuhuan
14.3.15 Hanbell