Booster Compressor Market by Cooling Type (Air, Water), Stage (Single, Double, Multi), Pressure Rating (14-40 bar, 41-100, 101-350, >350), End use Industry (oil & gas, process, chemicals, power) and Region - Global Forecast to 2023

  • ID: 4564130
  • Report
  • Region: Global
  • 128 Pages
  • Markets and Markets
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The booster compressor market is estimated to be USD 1.92 billion in 2018 and is projected to grow at a CAGR of 4.50%, to reach USD 2.39 billion in 2023.

FEATURED COMPANIES

  • Atlas Copco
  • BHGE
  • Gardner Denver
  • Hitachi
  • Ingersoll Rand
  • Maximator
  • MORE

“The booster compressor market is projected to grow at a CAGR of 4.50% from 2018 to 2023.”

The booster compressor market is estimated to be USD 1.92 billion in 2018 and is projected to grow at a CAGR of 4.50%, to reach USD 2.39 billion in 2023. Factors driving the growth of the booster compressor market are increased investments in the oil & gas drilling activities and refining capacity addition. Booster compressors are required in the oil & gas drilling process and also for air separation in refineries. Thus, growing investments in oil & gas will create demand for booster compressors. The availability of alternative products such as the standalone high-pressure compressor can act as a restraint for the booster compressor market.

“The oil & gas segment is expected to be the fastest growing end-user segment by 2023.”

The oil & gas segment is the fastest growing, during the forecast period. The factor driving the growth of booster compressors in the oil & gas sector is the growing investments in the upstream market. Booster compressors are used in varied applications in the upstream market such as nitrogen generation, hydrocarbon blanketing, and air separation. Thus, the investments in the upstream activity create demand for booster compressors.

“Asia Pacific is projected to be the largest market for booster compressors during the forecast period.”

Asia Pacific is projected to be the largest market for booster compressors during the projected period. The factor driving the growth of the booster compressor market is high demand for oil & gas due to the rapidly developing manufacturing industry. The major economies in the region such as China, India, and Australia are investing heavily in oil & gas, primarily to reduce their imports. These countries are also undertaking projects for the development of the LNG pipelines. These projects are developed in order to strengthen their distribution network in the country. The LNG pipeline require compressor station, which use booster compressors to maintain the pressure of gas in transit. Thus, the growing investments in oil & gas exploration will create demand for the booster compressor market.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects.

The distribution of primary interviews is as follows:

  • By Company Type: Tier 1—10%, Tier 2 —20%, Tier 3—70%,
  • By Designation: C–Level—10%, Director Level—20%, Others—70%
  • By Region: North America—40%, Europe—10%, Asia Pacific—50%

Note: Others includes sales managers, product managers, consultants, and design engineers.

The tier of the company has been defined on the basis of its total revenue, as of 2013: Tier 1 = > USD 1 billion, Tier 2 = From USD 1 billion to USD 500 million, and Tier 3 = < USD 500 million.

The prominent players in the booster compressor market include Atlas Copco (Sweden), Ingersoll Rand (Republic of Ireland), Kaeser Kompressoren (Germany), SAUER Compressor (Germany), BHGE (US), Hitachi (Japan), Garner Denver (US), Maximator (US), BAUER Kompressoren (Germany). BOGE (Germany), Haskel (US), and Idex Corporation (US).

Research Coverage:

The report defines, describes, and forecasts the global booster compressor market on the basis of cooling type, compression stage, end-user, pressure, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues. It also covers various important aspects of the market.

Why buy this report?

  • The report identifies and addresses key markets for booster compressors, which will help suppliers review the growth in the demand for the product.
  • The report helps solution providers understand the pulse of the market and provide insights into drivers, restraints, and challenges.
  • The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.
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FEATURED COMPANIES

  • Atlas Copco
  • BHGE
  • Gardner Denver
  • Hitachi
  • Ingersoll Rand
  • Maximator
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Market Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumtions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Booster Compressor Market, 2018–2023
4.2 Booster Compressor Market, By Region, 2018-2023
4.3 Booster Compressor Market, By Cooling Type,  2018 & 2023
4.4 Booster Compressor Market, By Compression Stage, 2018 & 2023
4.5 Booster Compressor Market, By Pressure, 2018 & 2023
4.6 Booster Compressor Market, By End User, 2018 & 2023

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Lower Cost and Modular Design of Booster Compressor
5.2.1.2 Industrialization in Emerging Economies Expected to Drive Demand for Booster Compressor
5.2.2 Restraints
5.2.2.1 High Maintenance Cost
5.2.2.2 Availability of Alternative Equipment
5.2.3 Opportunities
5.2.3.1 Increasing Investment in Oil & Gas Industry
5.2.4 Challenges
5.2.4.1 Adherence to Stringent Quality Standards

6 Booster Compressor Market, By Cooling Type
6.1 Introduction
6.2 Air-Cooled
6.3 Water-Cooled

7 Booster Compressor Market, By Compression Stage
7.1 Introduction
7.2 Single-Stage
7.3 Double-Stage
7.4 Multistage

8 Booster Compressor Market, By Pressure
8.1 Introduction
8.2 14–40 Bar
8.3 41–100 Bar
8.4 101–350 Bar
8.5 Above 351 Bar

9 Booster Compressor Market, By End-User
9.1 Introduction
9.2 Oil & Gas
9.3 Process Industry
9.4 Chemical & Petrochemical
9.5 Power Generation
9.6 Others

10 Booster Compressor Market, By Region
10.1 Introduction
10.2 North America
10.2.1 By Cooling Type
10.2.2 By Compression Stage
10.2.3 By Pressure
10.2.4 By End-User
10.2.5 By Country
10.2.6 US
10.2.7 Canada
10.2.8 Mexico
10.3 Asia Pacific
10.3.1 By Co0ling Type
10.3.2 By Compression Stage
10.3.3 By Pressure
10.3.4 By End-User
10.3.5 By Country
10.3.6 China
10.3.7 India
10.3.8 Australia
10.3.9 Rest of Asia Pacific
10.4 Europe
10.4.1 By Cooling Type
10.4.2 By Compression Stage
10.4.3 By Pressure
10.4.4 By End-User
10.4.5 By Country
10.4.6 Germany
10.4.7 Russia
10.4.8 UK
10.4.9 Italy
10.4.10 Rest of Europe
10.5 South America
10.5.1 By Cooling Type
10.5.2 By Compression Stage
10.5.3 By Pressure
10.5.4 By End-User
10.5.5 By Country
10.5.6 Brazil
10.5.7 Argentina
10.5.8 Venezuela
10.5.9 Rest of South America
10.6 Middle East & Africa
10.6.1 By Cooling Type
10.6.2 By Compression Stage
10.6.3 By Pressure
10.6.4 By End-User
10.6.5 By Country
10.6.6 Qatar
10.6.7 Iran
10.6.8 Nigeria
10.6.9 Algeria
10.6.10 Rest of Middle East & Africa

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking of Players & Industry  Concentration, 2017
11.3 Competitive Scenario
11.3.1 Contracts & Agreements
11.3.2 New Product Launches
11.3.3 Mergers & Acquisitions
11.3.4 Investments & Expansions

12 Company Profiles
12.1 Atlas Copco
12.2 Kaeser Kompressoren
12.3 Boge Kompressoren
12.4 SAUER Compressor
12.5 BAUER Kompressoren
12.6 Hitachi
12.7 Ingersoll Rand
12.8 Gardner Denver
12.9 BHGE
12.10 Idex Corporation
12.11 Maximator
12.12 Haskel

13 Appendix
13.1 Insights From Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store
13.4 Introducing RT: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables:
Table 1 Booster Compressor Snapshot
Table 2 Capital Expenditure in Oil & Gas for 2016-2020
Table 3 Pipeline Projection for 2016-2020
Table 4 Global Booster Compressor Market Size, By Cooling Type, 2016–2023 (USD Million)
Table 5 Air-Cooled: Booster Compressor Market Size, By Region, 2016–2023 (USD Million)
Table 6 Water-Cooled: Booster Compressor Market Size, By Region, 2016–2023 (USD Million)
Table 7 Global Booster Compressor Market Size, By Compression Stage,  2016–2023 (USD Million)
Table 8 Single-Stage: Booster Compressor Market Size, By Region, 2016–2023 (USD Million)
Table 9 Double-Stage: Booster Compressor Market Size, By Region, 2016–2023 (USD Million)
Table 10 Multistage: Booster Compressor Market Size, By Region, 2016–2023 (USD Million)
Table 11 Global Booster Compressor Market Size, By Pressure, 2016–2023 (USD Million)
Table 12 14–40 Bar: Booster Compressor Market Size, By Region, 2016–2023 (USD Million)
Table 13 41–100 Bar: Booster Compressor Market Size, By Region, 2016–2023 (USD Million)
Table 14 101–350 Bar: Booster Compressor Market Size, By Region, 2016–2023 (USD Million)
Table 15 Above 351 Bar: Booster Compressor Market Size, By Region, 2016–2023 (USD Million)
Table 16 Global Booster Compressor Market Size, By End-User, 2016–2023 (USD Million)
Table 17 Oil & Gas: Booster Compressor Market Size, By Region, 2016–2023 (USD Million)
Table 18 Process Industry: Booster Compressor Market Size, By Region, 2016–2023 (USD Million)
Table 19 Chemical & Petrochemical: Booster Compressor Market Size, By Region, 2016–2023 (USD Million)
Table 20 Power Generation: Booster Compressor Market Size, By Region, 2016–2023 (USD Million)
Table 21 Others: Booster Compressor Market Size, By Region, 2016–2023 (USD Million)
Table 22 Booster Compressor Market, By Region, 2016–2023 (USD Million)
Table 23 North America: Booster Compressor Market, By Cooling Type, 2016–2023 (USD Million)
Table 24 North America: Booster Compressor Market, By Compression Stage,  2016–2023 (USD Million)
Table 25 North America: Booster Compressor Market, By Pressure, 2016–2023 (USD Million)
Table 26 North America: Booster Compressor Market, By End-User, 2016–2023 (USD Million)
Table 27 North America: Booster Compressor Market Size, By Country, 2016–2023 (USD Million)
Table 28 US: Booster Compressor Market Size, By End-User, 2016–2023 (USD Million)
Table 29 Canada: Booster Compressor Market Size, By End-User, 2016–2023 (USD Thousand)
Table 30 Mexico: Booster Compressor Market Size, By End-User, 2016–2023 (USD Thousand)
Table 31 Asia Pacific: Booster Compressor Market, By Cooling Type, 2016–2023 (USD Million)
Table 32 Asia Pacific: Booster Compressor Market, By Compression Stage,  2016–2023 (USD Million)
Table 33 Asia Pacific: Booster Compressor Market, By Pressure, 2016–2023 (USD Million)
Table 34 Asia Pacific: Booster Compressor Market, By End-User, 2016–2023 (USD Million)
Table 35 Asia Pacific: Booster Compressor Market Size, By Country, 2016–2023 (USD Million)
Table 36 China: Booster Compressor Market Size, By End-User, 2016–2023 (USD Million)
Table 37 India: Booster Compressor Market Size, By End-User, 2016–2023 (USD Million)
Table 38 Australia: Booster Compressor Market Size, By End-User, 2016–2023 (USD Thousand)
Table 39 Rest of Asia Pacific: Booster Compressor Market Size, By End-User,  2016–2023 (USD Million)
Table 40 Europe: Booster Compressor Market, By Cooling Type, 2016–2023 (USD Million)
Table 41 Europe: Booster Compressor Market, By Compression Stage, 2016–2023 (USD Million)
Table 42 Europe: Booster Compressor Market, By Pressure, 2016–2023 (USD Million)
Table 43 Europe: Booster Compressor Market, By End-User, 2016–2023 (USD Million)
Table 44 Europe: Booster Compressor Market Size, By Country, 2016–2023 (USD Million)
Table 45 Germany: Booster Compressor Market, By End-User, 2016–2023 (USD Thousand)
Table 46 Russia: Booster Compressor Market, By End-User, 2016–2023 (USD Million)
Table 47 UK: Booster Compressor Market, By End-User, 2016–2023 (USD Million)
Table 48 Italy: Booster Compressor Market, By End-User, 2016–2023 (USD Thousand)
Table 49 Rest of Europe: Booster Compressor Market, By End-User, 2016–2023 (USD Million)
Table 50 South America: Booster Compressor Market, By Cooling Type, 2016–2023 (USD Million)
Table 51 South America: Booster Compressor Market, By Compression Stage,  2016–2023 (USD Million)
Table 52 South America: Booster Compressor Market, By Pressure, 2016–2023 (USD Million)
Table 53 South America: Booster Compressor Market, By End-User, 2016–2023 (USD Million)
Table 54 South America: Booster Compressor Market Size, By Country, 2016–2023 (USD Million)
Table 55 Brazil: Booster Compressor Market, By End-User, 2016–2023 (USD Thousand)
Table 56 Argentina: Booster Compressor Market, By End-User, 2016–2023 (USD Thousand)
Table 57 Venezuela: Booster Compressor Market, By End-User, 2016–2023 (USD Thousand)
Table 58 Rest of South America: Booster Compressor Market, By End-User,  2016–2023 (USD Thousand)
Table 59 Middle East & Africa: Booster Compressor Market, By Cooling Type,  2016–2023 (USD Million)
Table 60 Middle East & Africa: Booster Compressor Market, By Compression Stage, 2016–2023 (USD Million)
Table 61 Middle East & Africa: Booster Compressor Market, By Pressure, 2016–2023 (USD Million)
Table 62 Middle East & Africa: Booster Compressor Market, By End-User, 2016–2023 (USD Million)
Table 63 Middle East & Africa: Booster Compressor Market Size, By Country,  2016–2023 (USD Million)
Table 64 Qatar: Booster Compressor Market, By End-User, 2016–2023 (USD Thousand)
Table 65 Iran: Booster Compressor Market, By End-User, 2016–2023 (USD Thousand)
Table 66 Nigeria: Booster Compressor Market, By End-User, 2016–2023 (USD Thousand)
Table 67 Algeria: Booster Compressor Market, By End-User, 2016–2023 (USD Thousand)
Table 68 Rest of Middle East & Africa: Booster Compressor Market, By End-User, 2016–2023 (USD Thousand)
Table 69 Contracts & Agreements, 2014–2018
Table 70 New Product Launches, 2014–2018
Table 71 Mergers & Acquisitions, 2014–2018
Table 72 Investments & Expansions, 2014–2018

List of Figures:
Figure 1 Markets Covered: Booster Compressor Market
Figure 2 Regional Scope
Figure 3 Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation & Region
Figure 5 Bottom-Up Approach
Figure 6 Top-Down Approach
Figure 7 Data Triangulation Methodology
Figure 8 Assumptions of the Research Study
Figure 9 Asia Pacific Region Dominated the Booster Compressor Market in 2017
Figure 10 Booster Compressor Market: Cooling Type
Figure 11 Booster Compressor Market: Compression Stage
Figure 12 Booster Compressor Market: Pressure
Figure 13 Booster Compressor Market: End-User
Figure 14 Stable Growth in Oil Prices and Drilling Activities to Drive the Booster Compressor Market During the Forecast Period
Figure 15 Middle East & Africa Market is Expected to Witness the Fastest Growth During the Forecast Period
Figure 16 Air-Cooled Booster Compressor are Projected to Grow at Fastest Rate During the Forecast Period
Figure 17 Double-Stage Segment is Expected to Dominate the Booster Compressor Market During the Forecast Period
Figure 18 14–40 Bar Segment is Projected to Be the Largest Segment in the Booster Compressor Market
Figure 19 Oil & Gas Segment is Projected to Lead the Booster Compressor Market During the Forecast Period
Figure 20 Market Dynamics for Booster Compressor Market
Figure 21 Air-Cooled Market is Forecasted to Dominate the Booster Compressor Market From 2018-2023
Figure 22 Double-Stage Segment is Estimated to Dominate the Booster Compressor Market in 2018
Figure 23 14–40 Bar Segment is Estimated to Dominate the Booster Compressor Market From 2018 to 2023
Figure 24 Oil & Gas Segment is Estimated to Dominate the Booster Compressor Market During 2018–2023
Figure 25 Regional Snapshot: Booster Compressor Market, 2018–2023
Figure 26 North America: Booster Compressor Market Snapshot
Figure 27 Asia Pacific: Booster Compressor Market Snapshot
Figure 28 Key Developments in the Booster Compressor Market, 2014–2018
Figure 29 Atlas Copco Lead the Market for Booster Compressors in 2017
Figure 30 Competitive Benchmarking
Figure 31 Atlas Copco: Company Snapshot
Figure 32 Hitachi Group: Company Snapshot
Figure 33 Ingersoll Rand: Company Snapshot
Figure 34 Gardner Denver: Company Snapshot
Figure 35 BHGE: Company Snapshot
Figure 36 Idex Corporation: Company Snapshot

Note: Product cover images may vary from those shown
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  • Atlas Copco
  • Kaeser Kompressoren
  • Boge Kompressoren
  • SAUER Compressor
  • BAUER Kompressoren
  • Hitachi
  • Ingersoll Rand
  • Gardner Denver
  • BHGE
  • Idex Corporation
  • Maximator
  • Haskel
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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