Liquefied Natural Gas Compressor Market Report 2026

The liquefied natural gas compressor market size has grown strongly in recent years. It will grow from $4.41 billion in 2025 to $4.64 billion in 2026 at a compound annual growth rate (CAGR) of 5%. The growth in the historic period can be attributed to growth in natural gas production, expansion of lng trade, need for gas pressure optimization, development of liquefaction facilities, industrial energy demand.

The liquefied natural gas compressor market size is expected to see strong growth in the next few years. It will grow to $5.79 billion in 2030 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to increase in global lng demand, investments in liquefaction capacity, focus on low emission technologies, expansion of gas infrastructure, advancements in compressor efficiency. Major trends in the forecast period include rising demand for multi stage compressors, growing use in lng liquefaction projects, expansion of medium pressure applications, increased focus on energy efficient designs, higher adoption in lng export terminals.

The increased production of natural gas from shale reserves is expected to drive the growth of the liquefied natural gas (LNG) compressor market going forward. Shale reserves are sedimentary rock formations that can be tapped to produce oil and natural gas, serving as a key energy source for industrial and power sectors. Rising natural gas production fuels demand for LNG compressors, which are critical for liquefying natural gas to facilitate transportation, export, and storage. LNG compressors support energy infrastructure by enabling efficient gas liquefaction, optimizing supply chains, and ensuring reliable delivery to end users. For instance, in April 2024, according to the U.S. Energy Information Administration (EIA), natural gas consumption in the electric power sector grew by 7% in 2023, rising from 33.2 Bcf/d in 2022 to a record 35.4 Bcf/d. Therefore, the increased production of natural gas from shale reserves is driving the growth of the LNG compressor market.

Major companies operating in the liquefied natural gas (LNG) compressor market are focusing on solutions such as LNG-powered trucks to enhance market presence and promote sustainable transportation. LNG trucks are valued for their ability to reduce greenhouse gas emissions and support environmentally friendly logistics. For instance, in August 2023, Volvo Trucks, a Sweden-based manufacturer, deployed FH LNG trucks in a one-time pilot with Linde Canada, a Canadian industrial gas and engineering company. The program involved importing five Volvo FH LNG trucks to assess performance, CO₂ emission reductions, and operational benefits in long-haul operations. These trucks feature power ratings of 420, 460, or 500 hp and up to 2,500 Nm of torque, and they are scheduled to operate on Canadian roads later in the year.

In June 2025, Honeywell International Inc., a U.S.-based provider of industrial automation, process solutions, and safety products, acquired Sundyne for an undisclosed amount. Through this acquisition, Honeywell aims to strengthen its process industry capabilities, expand its pump and compressor technology portfolio, and broaden its customer base across key industrial sectors. Sundyne Corporation is a U.S.-based company specializing in high-performance pumps, compressors, and related engineering solutions for process industries.

Major companies operating in the liquefied natural gas compressor market are EagleBurgmann, General Electric Company, Siemens AG, Mitsubishi Heavy Industries Ltd., Elliott Group, Kobelco Compressors America Inc., IMW Industries Ltd., Sundyne, IHI Rotating Machinery Engineering Co Ltd., NEUMAN & ESSER GROUP, Atlas Copco AB, Burckhardt Compression AG, MOLGAS ENERGY SAU, Howden Group, Sulzer Ltd., Ariel Corporation, Bauer Compressor Inc., Ingersoll Rand Inc., HYDRAULIC MACHINES & SYSTEMS GROUP PLC., Clean Energy Fuels Corp, Kobe Steel Ltd., Ebara Corporation, Hitachi Ltd., Gardner Denver Holdings Inc., Sullair LLC, Quincy Compressor LLC, Kaeser Kompressoren SE, Corken Inc., Baker Hughes Company, MAN Energy Solutions SE, Mitsui Seiki Kogyo Co Ltd., Rolls-Royce Holdings plc, Worthington Industries Inc.

North America was the largest region in the liquefied natural gas compressor market in 2025. The regions covered in the liquefied natural gas compressor market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the liquefied natural gas compressor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The liquefied natural gas compressor market consists of sales of LNG centrifugal compressors, off-gas compressors, regeneration gas compressors, refrigerant compressors, boil-off gas compressors, and end flash gas compressors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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