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Gas Compressors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview 2022-2027:

The global gas compressors market size reached US$ 4.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.8 Billion by 2027, exhibiting a growth rate (CAGR) of 3.98% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

A gas compressor refers to a mechanical device that increases the static pressure of a gas by reducing its volume. Some of the commonly used gas compressors include positive displacement and dynamic gas compressors. Positive displacement compressors include reciprocating and rotary variants that compress the gas by confining it in a closed space and increasing the pressure. On the other hand, the dynamic compressor consists of an axial and centrifugal compressor that compresses the gas through the mechanical action of rotating vanes or impellers. These compressors are commonly used for gases, such as ethylene, fluorine, argon, hydrogen, nitrogen, xenon and silane. As a result, they find extensive applications across various industries, including general manufacturing, construction, oil & gas, mining, chemicals and petrochemicals and power generation.

 

 
 

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Gas Compressors Market Trends:

Significant growth in the oil and gas industry across the globe represents one of the key factors creating a positive outlook for the gas compressors market. Furthermore, the widespread adoption of gas compressors for the processing and transportation of renewable energy resources, such as natural gas, over long distances, is also driving the market growth. In line with this, they are also used in hospitals during surgical procedures and in air filtration duct systems for maintaining the air quality and preventing contaminations and infections. Additionally, various product innovations, such as the development of energy-efficient portable compressors for automation in industrial plants, are acting as other growth-inducing factors. Product manufacturers are also developing variants with improved storage tanks, enhanced performance capabilities, minimal maintenance requirements and fuel consumption, which, in turn, is favoring the market growth. Other factors, including rapid industrialization, along with extensive research and development (R&D) activities, are anticipated to drive the market further. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global gas compressors market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on compressor type and end use industry.

Breakup by Compressor Type:

 

 
 

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  • Positive Displacement Compressor
  • Dynamic Compressor
     

Breakup by End Use Industry:

  • General Manufacturing
  • Construction
  • Oil and Gas
  • Mining
  • Chemicals and Petrochemicals
  • Power Generation
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Ariel Corporation, Atlas Copco AB, Bauer Compressors Inc., Burckhardt Compression Holding AG, Exterran Corporation, Gardner Denver Inc., General Electric Company, Hitachi Ltd., Kobelco and Siemens AG.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Compressor Type, End Use Industry, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Ariel Corporation, Atlas Copco AB, Bauer Compressors Inc., Burckhardt Compression Holding AG, Exterran Corporation, Gardner Denver Inc., General Electric Company, Hitachi Ltd., Kobelco and Siemens AG
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology

    2.1   Objectives of the Study
    2.2   Stakeholders
    2.3   Data Sources
        2.3.1   Primary Sources
        2.3.2   Secondary Sources
    2.4   Market Estimation
        2.4.1   Bottom-Up Approach
        2.4.2   Top-Down Approach
    2.5   Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1   Overview
    4.2   Key Industry Trends
5   Global Gas Compressors Market
    5.1   Market Overview
    5.2   Market Performance
    5.3   Impact of COVID-19
    5.4   Market Forecast
6   Market Breakup by Compressor Type
    6.1   Positive Displacement Compressor
        6.1.1   Market Trends
        6.1.2   Market Forecast
    6.2   Dynamic Compressor
        6.2.1   Market Trends
        6.2.2   Market Forecast
7   Market Breakup by End Use Industry
    7.1   General Manufacturing
        7.1.1   Market Trends
        7.1.2   Market Forecast
    7.2   Construction
        7.2.1   Market Trends
        7.2.2   Market Forecast
    7.3   Oil and Gas
        7.3.1   Market Trends
        7.3.2   Market Forecast
    7.4   Mining
        7.4.1   Market Trends
        7.4.2   Market Forecast
    7.5   Chemicals and Petrochemicals
        7.5.1   Market Trends
        7.5.2   Market Forecast
    7.6   Power Generation
        7.6.1   Market Trends
        7.6.2   Market Forecast
    7.7   Others
        7.7.1   Market Trends
        7.7.2   Market Forecast
8   Market Breakup by Region
    8.1   North America
        8.1.1   United States
                 8.1.1.1   Market Trends
                 8.1.1.2   Market Forecast
        8.1.2   Canada
                8.1.2.1   Market Trends
                8.1.2.2   Market Forecast
    8.2   Asia-Pacific
        8.2.1   China
                 8.2.1.1   Market Trends
                 8.2.1.2   Market Forecast
        8.2.2   Japan
                 8.2.2.1   Market Trends
                 8.2.2.2   Market Forecast
        8.2.3   India
                 8.2.3.1   Market Trends
                 8.2.3.2   Market Forecast
        8.2.4   South Korea
                 8.2.4.1   Market Trends
                 8.2.4.2   Market Forecast
        8.2.5   Australia
                 8.2.5.1   Market Trends
                 8.2.5.2   Market Forecast
        8.2.6   Indonesia
                 8.2.6.1   Market Trends
                 8.2.6.2   Market Forecast
        8.2.7   Others
                 8.2.7.1   Market Trends
                 8.2.7.2   Market Forecast
    8.3   Europe
        8.3.1   Germany
                 8.3.1.1   Market Trends
                 8.3.1.2   Market Forecast
        8.3.2   France
                 8.3.2.1   Market Trends
                 8.3.2.2   Market Forecast
        8.3.3   United Kingdom
                 8.3.3.1   Market Trends
                 8.3.3.2   Market Forecast
        8.3.4   Italy
                 8.3.4.1   Market Trends
                 8.3.4.2   Market Forecast
        8.3.5   Spain
                 8.3.5.1   Market Trends
                 8.3.5.2   Market Forecast
        8.3.6   Russia
                 8.3.6.1   Market Trends
                 8.3.6.2   Market Forecast
        8.3.7   Others
                 8.3.7.1   Market Trends
                 8.3.7.2   Market Forecast
    8.4   Latin America
        8.4.1   Brazil
                 8.4.1.1   Market Trends
                 8.4.1.2   Market Forecast
        8.4.2   Mexico
                 8.4.2.1   Market Trends
                 8.4.2.2   Market Forecast
        8.4.3   Others
                 8.4.3.1   Market Trends
                 8.4.3.2   Market Forecast
    8.5   Middle East and Africa
        8.5.1   Market Trends
        8.5.2   Market Breakup by Country
        8.5.3   Market Forecast
9   SWOT Analysis
    9.1   Overview
    9.2   Strengths
    9.3   Weaknesses
    9.4   Opportunities
    9.5   Threats
10  Value Chain Analysis
11  Porters Five Forces Analysis

    11.1   Overview
    11.2   Bargaining Power of Buyers
    11.3   Bargaining Power of Suppliers
    11.4   Degree of Competition
    11.5   Threat of New Entrants
    11.6   Threat of Substitutes
12  Price Analysis
13  Competitive Landscape

    13.1   Market Structure
    13.2   Key Players
    13.3   Profiles of Key Players
        13.3.1   Ariel Corporation
             13.3.1.1   Company Overview
             13.3.1.2   Product Portfolio
             13.3.1.3   SWOT Analysis
        13.3.2   Atlas Copco AB
             13.3.2.1   Company Overview
             13.3.2.2   Product Portfolio
             13.3.2.3   Financials
             13.3.2.4   SWOT Analysis
        13.3.3   Bauer Compressors Inc.
             13.3.3.1   Company Overview
             13.3.3.2   Product Portfolio
        13.3.4   Burckhardt Compression Holding AG
             13.3.4.1   Company Overview
             13.3.4.2   Product Portfolio
             13.3.4.3   Financials
        13.3.5   Exterran Corporation
             13.3.5.1   Company Overview
             13.3.5.2   Product Portfolio
             13.3.5.3   Financials
             13.3.5.4   SWOT Analysis
        13.3.6   Gardner Denver Inc.
             13.3.6.1   Company Overview
             13.3.6.2   Product Portfolio
        13.3.7   General Electric Company
             13.3.7.1   Company Overview
             13.3.7.2   Product Portfolio
             13.3.7.3   Financials
             13.3.7.4   SWOT Analysis
        13.3.8   Hitachi Ltd.
             13.3.8.1   Company Overview
             13.3.8.2   Product Portfolio
             13.3.8.3   Financials
             13.3.8.4   SWOT Analysis
        13.3.9   Kobelco 
             13.3.9.1   Company Overview
             13.3.9.2   Product Portfolio
             13.3.9.3   Financials
             13.3.9.4   SWOT Analysis
        13.3.10   Siemens AG
             13.3.10.1   Company Overview
             13.3.10.2   Product Portfolio
             13.3.10.3   Financials
             13.3.10.4   SWOT Analysis

List of Figures

Figure 1: Global: Gas Compressors Market: Major Drivers and Challenges
Figure 2: Global: Gas Compressors Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Gas Compressors Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Gas Compressors Market: Breakup by Compressor Type (in %), 2021
Figure 5: Global: Gas Compressors Market: Breakup by End Use Industry (in %), 2021
Figure 6: Global: Gas Compressors Market: Breakup by Region (in %), 2021
Figure 7: Global: Gas Compressors (Positive Displacement Compressor) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Gas Compressors (Positive Displacement Compressor) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Gas Compressors (Dynamic Compressor) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Gas Compressors (Dynamic Compressor) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Gas Compressors (General Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Gas Compressors (General Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Gas Compressors (Construction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Gas Compressors (Construction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Gas Compressors (Oil and Gas) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Gas Compressors (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Gas Compressors (Mining) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Gas Compressors (Mining) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Gas Compressors (Chemicals and Petrochemicals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Gas Compressors (Chemicals and Petrochemicals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Gas Compressors (Power Generation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Gas Compressors (Power Generation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Gas Compressors (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Gas Compressors (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: North America: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: North America: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: United States: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: United States: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Canada: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Canada: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Asia-Pacific: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Asia-Pacific: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: China: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: China: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Japan: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Japan: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: India: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: India: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: South Korea: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: South Korea: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Australia: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Australia: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Indonesia: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Indonesia: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Others: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Others: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Europe: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Europe: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Germany: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Germany: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: France: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: France: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: United Kingdom: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: United Kingdom: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Italy: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Italy: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Spain: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Spain: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Russia: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Russia: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Others: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Others: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Latin America: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Latin America: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Brazil: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Brazil: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Mexico: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Mexico: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Others: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Others: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Middle East and Africa: Gas Compressors Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Middle East and Africa: Gas Compressors Market: Breakup by Country (in %), 2021
Figure 73: Middle East and Africa: Gas Compressors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Global: Gas Compressors Industry: SWOT Analysis
Figure 75: Global: Gas Compressors Industry: Value Chain Analysis
Figure 76: Global: Gas Compressors Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Gas Compressors Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Gas Compressors Market Forecast: Breakup by Compressor Type (in Million US$), 2022-2027
Table 3: Global: Gas Compressors Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 4: Global: Gas Compressors Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Gas Compressors Market: Competitive Structure
Table 6: Global: Gas Compressors Market: Key Players


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Key Questions Answered in This Report

The global gas compressors market was valued at US$ 4.7 Billion in 2021.

We expect the global gas compressors market to exhibit a CAGR of 3.98% during 2022-2027.

The widespread adoption of gas compressors for the processing and transportation of renewable energy resources, such as natural gas, over long distances is primarily driving the global gas compressors market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the temporary closure of numerous end-use industries for gas compressors.

Based on the compressor type, the global gas compressors market has been segmented into positive displacement compressor and dynamic compressor. Currently, positive displacement compressor holds the majority of the total market share.

Based on the end use industry, the global gas compressors market can be bifurcated into general manufacturing, construction, oil and gas, mining, chemicals and petrochemicals, power generation, and others. Among these, the oil and gas industry exhibits a clear dominance in the market.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global gas compressors market include Ariel Corporation, Atlas Copco AB, Bauer Compressors Inc., Burckhardt Compression Holding AG, Exterran Corporation, Gardner Denver Inc., General Electric Company, Hitachi Ltd., Kobelco, and Siemens AG.

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