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Global Compressors Market 2023-2027

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    Report

  • 169 Pages
  • April 2023
  • Region: Global
  • TechNavio
  • ID: 5447029
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The compressors market is forecast to grow by USD 14,834.55 million during 2022-2027, accelerating at a CAGR of 3.62% during the forecast period. This report on the compressors market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of compressors in various industries, the growing need for energy-efficient compressors, and the expansion of oil terminals.

The analyst's compressors market is segmented as below:

By End-user

  • Oil and gas
  • Process industry
  • Discrete industry

By Type

  • Positive displacement
  • Dynamic

By Geographical Landscape

  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the rising demand for oil-free compressors as one of the prime reasons driving the compressors market growth during the next few years. Also, increasing adoption of a rental model for compressor procurement and increasing focus on big data analytics will lead to sizable demand in the market.

This report on the compressors market covers the following areas:

  • Compressors market sizing
  • Compressors market forecast
  • Compressors market industry analysis
The analyst's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading compressors market vendors that include Atlas Copco UK, BAC Compressors, BOGE KOMPRESSOREN GmbH and Co. KG, Danfoss AS, Dearing Compressor and Pump Co., Doosan Portable Power Co., Elgi Equipments Ltd, Fusheng Precision Co. Ltd., Hanbell Precise Machinery Co. Ltd., Hitachi Ltd., Indo-Air Compressors Pvt. Ltd., Ingersoll Rand Inc., KAESER KOMPRESSOREN SE, Kaishan Compressor USA, Kirloskar Pneumatic Co. Ltd., Kobe Steel Ltd., Parker Hannifin Corp., Siemens Energy AG, Sulzer Management Ltd., and Yantra Technologies. Also, the compressors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The analyst's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Exhibit 01: Executive Summary - Chart on Market Overview
  • Exhibit 02: Executive Summary - Data Table on Market Overview
  • Exhibit 03: Executive Summary - Chart on Global Market Characteristics
  • Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
  • Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
  • Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
  • Exhibit 07: Executive Summary - Chart on Incremental Growth
  • Exhibit 08: Executive Summary - Data Table on Incremental Growth
  • Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Exhibit 10: Parent market
  • Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
  • Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
  • Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
  • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
  • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
  • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
  • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global compressors market 2017 - 2021
  • Exhibit 18: Historic Market Size - Data Table on global compressors market 2017 - 2021 ($ million)
4.2 End-user Segment Analysis 2017 - 2021
  • Exhibit 19: Historic Market Size - End-user Segment 2017 - 2021 ($ million)
4.3 Type Segment Analysis 2017 - 2021
  • Exhibit 20: Historic Market Size - Type Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
  • Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
  • Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
  • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
  • Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
  • Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
  • Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
  • Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
  • Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
  • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by End-user
6.1 Market segments
  • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
  • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
6.2 Comparison by End-user
  • Exhibit 32: Chart on Comparison by End-user
  • Exhibit 33: Data Table on Comparison by End-user
6.3 Oil and gas - Market size and forecast 2022-2027
  • Exhibit 34: Chart on Oil and gas - Market size and forecast 2022-2027 ($ million)
  • Exhibit 35: Data Table on Oil and gas - Market size and forecast 2022-2027 ($ million)
  • Exhibit 36: Chart on Oil and gas - Year-over-year growth 2022-2027 (%)
  • Exhibit 37: Data Table on Oil and gas - Year-over-year growth 2022-2027 (%)
6.4 Process industry - Market size and forecast 2022-2027
  • Exhibit 38: Chart on Process industry - Market size and forecast 2022-2027 ($ million)
  • Exhibit 39: Data Table on Process industry - Market size and forecast 2022-2027 ($ million)
  • Exhibit 40: Chart on Process industry - Year-over-year growth 2022-2027 (%)
  • Exhibit 41: Data Table on Process industry - Year-over-year growth 2022-2027 (%)
6.5 Discrete industry - Market size and forecast 2022-2027
  • Exhibit 42: Chart on Discrete industry - Market size and forecast 2022-2027 ($ million)
  • Exhibit 43: Data Table on Discrete industry - Market size and forecast 2022-2027 ($ million)
  • Exhibit 44: Chart on Discrete industry - Year-over-year growth 2022-2027 (%)
  • Exhibit 45: Data Table on Discrete industry - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by End-user
  • Exhibit 46: Market opportunity by End-user ($ million)
  • Exhibit 47: Data Table on Market opportunity by End-user ($ million)
7 Market Segmentation by Type
7.1 Market segments
  • Exhibit 48: Chart on Type - Market share 2022-2027 (%)
  • Exhibit 49: Data Table on Type - Market share 2022-2027 (%)
7.2 Comparison by Type
  • Exhibit 50: Chart on Comparison by Type
  • Exhibit 51: Data Table on Comparison by Type
7.3 Positive displacement - Market size and forecast 2022-2027
  • Exhibit 52: Chart on Positive displacement - Market size and forecast 2022-2027 ($ million)
  • Exhibit 53: Data Table on Positive displacement - Market size and forecast 2022-2027 ($ million)
  • Exhibit 54: Chart on Positive displacement - Year-over-year growth 2022-2027 (%)
  • Exhibit 55: Data Table on Positive displacement - Year-over-year growth 2022-2027 (%)
7.4 Dynamic - Market size and forecast 2022-2027
  • Exhibit 56: Chart on Dynamic - Market size and forecast 2022-2027 ($ million)
  • Exhibit 57: Data Table on Dynamic - Market size and forecast 2022-2027 ($ million)
  • Exhibit 58: Chart on Dynamic - Year-over-year growth 2022-2027 (%)
  • Exhibit 59: Data Table on Dynamic - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Type
  • Exhibit 60: Market opportunity by Type ($ million)
  • Exhibit 61: Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
8.1 Customer landscape overview
  • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
  • Exhibit 63: Chart on Market share By Geographical Landscape 2022-2027 (%)
  • Exhibit 64: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
  • Exhibit 65: Chart on Geographic comparison
  • Exhibit 66: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
  • Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ million)
  • Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
  • Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
  • Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
  • Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
  • Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
  • Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
  • Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
  • Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
  • Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
  • Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
  • Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
  • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
  • Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
  • Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
  • Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
  • Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
  • Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
  • Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
  • Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
  • Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Japan - Market size and forecast 2022-2027
  • Exhibit 95: Chart on Japan - Market size and forecast 2022-2027 ($ million)
  • Exhibit 96: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
  • Exhibit 97: Chart on Japan - Year-over-year growth 2022-2027 (%)
  • Exhibit 98: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.11 UK - Market size and forecast 2022-2027
  • Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ million)
  • Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ million)
  • Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
  • Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.12 Germany - Market size and forecast 2022-2027
  • Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
  • Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
  • Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
  • Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
  • Exhibit 107: Market opportunity By Geographical Landscape ($ million)
  • Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
  • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
  • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
  • Exhibit 111: Overview on factors of disruption
11.4 Industry risks
  • Exhibit 112: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
  • Exhibit 113: Vendors covered
12.2 Market positioning of vendors
  • Exhibit 114: Matrix on vendor position and classification
12.3 Atlas Copco UK
  • Exhibit 115: Atlas Copco UK - Overview
  • Exhibit 116: Atlas Copco UK - Business segments
  • Exhibit 117: Atlas Copco UK - Key news
  • Exhibit 118: Atlas Copco UK - Key offerings
  • Exhibit 119: Atlas Copco UK - Segment focus
12.4 BOGE KOMPRESSOREN GmbH and Co. KG
  • Exhibit 120: BOGE KOMPRESSOREN GmbH and Co. KG - Overview
  • Exhibit 121: BOGE KOMPRESSOREN GmbH and Co. KG - Product / Service
  • Exhibit 122: BOGE KOMPRESSOREN GmbH and Co. KG - Key offerings
12.5 Danfoss AS
  • Exhibit 123: Danfoss AS - Overview
  • Exhibit 124: Danfoss AS - Business segments
  • Exhibit 125: Danfoss AS - Key news
  • Exhibit 126: Danfoss AS - Key offerings
  • Exhibit 127: Danfoss AS - Segment focus
12.6 Doosan Portable Power Co.
  • Exhibit 128: Doosan Portable Power Co. - Overview
  • Exhibit 129: Doosan Portable Power Co. - Product / Service
  • Exhibit 130: Doosan Portable Power Co. - Key offerings
12.7 Elgi Equipments Ltd
  • Exhibit 131: Elgi Equipments Ltd - Overview
  • Exhibit 132: Elgi Equipments Ltd - Business segments
  • Exhibit 133: Elgi Equipments Ltd - Key offerings
  • Exhibit 134: Elgi Equipments Ltd - Segment focus
12.8 Fusheng Precision Co. Ltd.
  • Exhibit 135: Fusheng Precision Co. Ltd. - Overview
  • Exhibit 136: Fusheng Precision Co. Ltd. - Product / Service
  • Exhibit 137: Fusheng Precision Co. Ltd. - Key offerings
12.9 Hanbell Precise Machinery Co. Ltd.
  • Exhibit 138: Hanbell Precise Machinery Co. Ltd. - Overview
  • Exhibit 139: Hanbell Precise Machinery Co. Ltd. - Product / Service
  • Exhibit 140: Hanbell Precise Machinery Co. Ltd. - Key offerings
12.10 Hitachi Ltd.
  • Exhibit 141: Hitachi Ltd. - Overview
  • Exhibit 142: Hitachi Ltd. - Business segments
  • Exhibit 143: Hitachi Ltd. - Key news
  • Exhibit 144: Hitachi Ltd. - Key offerings
  • Exhibit 145: Hitachi Ltd. - Segment focus
12.11 Indo-Air Compressors Pvt. Ltd.
  • Exhibit 146: Indo-Air Compressors Pvt. Ltd. - Overview
  • Exhibit 147: Indo-Air Compressors Pvt. Ltd. - Product / Service
  • Exhibit 148: Indo-Air Compressors Pvt. Ltd. - Key offerings
12.12 Ingersoll Rand Inc.
  • Exhibit 149: Ingersoll Rand Inc. - Overview
  • Exhibit 150: Ingersoll Rand Inc. - Business segments
  • Exhibit 151: Ingersoll Rand Inc. - Key offerings
  • Exhibit 152: Ingersoll Rand Inc. - Segment focus
12.13 KAESER KOMPRESSOREN SE
  • Exhibit 153: KAESER KOMPRESSOREN SE - Overview
  • Exhibit 154: KAESER KOMPRESSOREN SE - Product / Service
  • Exhibit 155: KAESER KOMPRESSOREN SE - Key offerings
12.14 Kaishan Compressor USA
  • Exhibit 156: Kaishan Compressor USA - Overview
  • Exhibit 157: Kaishan Compressor USA - Product / Service
  • Exhibit 158: Kaishan Compressor USA - Key offerings
12.15 Parker Hannifin Corp.
  • Exhibit 159: Parker Hannifin Corp. - Overview
  • Exhibit 160: Parker Hannifin Corp. - Business segments
  • Exhibit 161: Parker Hannifin Corp. - Key news
  • Exhibit 162: Parker Hannifin Corp. - Key offerings
  • Exhibit 163: Parker Hannifin Corp. - Segment focus
12.16 Siemens Energy AG
  • Exhibit 164: Siemens Energy AG - Overview
  • Exhibit 165: Siemens Energy AG - Business segments
  • Exhibit 166: Siemens Energy AG - Key news
  • Exhibit 167: Siemens Energy AG - Key offerings
  • Exhibit 168: Siemens Energy AG - Segment focus
12.17 Sulzer Management Ltd.
  • Exhibit 169: Sulzer Management Ltd. - Overview
  • Exhibit 170: Sulzer Management Ltd. - Business segments
  • Exhibit 171: Sulzer Management Ltd. - Key news
  • Exhibit 172: Sulzer Management Ltd. - Key offerings
  • Exhibit 173: Sulzer Management Ltd. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
  • Exhibit 174: Inclusions checklist
  • Exhibit 175: Exclusions checklist
13.3 Currency conversion rates for US$
  • Exhibit 176: Currency conversion rates for US$
13.4 Research methodology
  • Exhibit 177: Research methodology
  • Exhibit 178: Validation techniques employed for market sizing
  • Exhibit 179: Information sources
13.5 List of abbreviations
  • Exhibit 180: List of abbreviations

Executive Summary

The analyst recognizes the following companies as the key players in the global compressors market: Atlas Copco UK, BAC Compressors, BOGE KOMPRESSOREN GmbH and Co. KG, Danfoss AS, Dearing Compressor and Pump Co., Doosan Portable Power Co., Elgi Equipments Ltd, Fusheng Precision Co. Ltd., Hanbell Precise Machinery Co. Ltd., Hitachi Ltd., Indo-Air Compressors Pvt. Ltd., Ingersoll Rand Inc., KAESER KOMPRESSOREN SE, Kaishan Compressor USA, Kirloskar Pneumatic Co. Ltd., Kobe Steel Ltd., Parker Hannifin Corp., Siemens Energy AG, Sulzer Management Ltd., and Yantra Technologies.

Commenting on the report, one of the analysts from the research team said: "The latest trend gaining momentum in the market is rising demand for oil-free compressors."

According to the report, one of the major drivers for this market is the increasing adoption of compressors in various industries.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Atlas Copco UK
  • BAC Compressors
  • BOGE KOMPRESSOREN GmbH and Co. KG
  • Danfoss AS
  • Dearing Compressor and Pump Co.
  • Doosan Portable Power Co.
  • Elgi Equipments Ltd
  • Fusheng Precision Co. Ltd.
  • Hanbell Precise Machinery Co. Ltd.
  • Hitachi Ltd.
  • Indo-Air Compressors Pvt. Ltd.
  • Ingersoll Rand Inc.
  • KAESER KOMPRESSOREN SE
  • Kaishan Compressor USA
  • Kirloskar Pneumatic Co. Ltd.
  • Kobe Steel Ltd.
  • Parker Hannifin Corp.
  • Siemens Energy AG
  • Sulzer Management Ltd.
  • Yantra Technologies