+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

India Compressor Market Research Report: by Type, Lubrication, Portability Pressure, Application Geographical Insight - Industry Size, Share Analysis and Growth Forecast till 2024

  • ID: 4804020
  • Report
  • Region: India
  • 115 pages
  • Prescient & Strategic Intelligence Private Limited
1 of 3

FEATURED COMPANIES

  • ANEST IWATA Corporation
  • Atlas Copco AB
  • Elgi Equipments Limited
  • Ingersoll-Rand plc
  • Kaeser Kompressoren SE
  • Kobe Steel, Ltd.
  • MORE
The Indian compressor market is projected to attain a value of $2.7 billion by 2024, growing at a 7.0% CAGR during 2019-2024. The major factor contributing to the growth of the market is the rising demand for such devices from the automobile sector due to the rising disposable income in the country. Further, the growth of the manufacturing sector is being supported by government initiatives, thereby driving the year-over-year growth of the compressor market. The high-capacity industrial compressors are directly sold to end users, while the low-capacity ones are sold through middlemen.

The Indian compressor market is bifurcated into portable and stationary compressors, based on portability. The category expected to register faster growth during the forecast period is stationary compressors. This could be related to the growing manufacturing and automotive industries in the country. Stationary compressors find application in the automotive sector for rotating tires and other simple tasks. With more focus on foreign markets, Indian car manufacturers are increasingly investing in innovation and increasing exports, which are expected to support the market growth.

Based on type, the Indian compressor market is subdivided into dynamic and positive displacement compressors. Between these, positive displacement compressors generated the larger demand. Further, industries such as semiconductors, chemical, automotive, and steel are the major consumers of the rotary type of compressors, therefore this compressor type is expected to provide lucrative opportunities to the market players in the forecast period. Machining improvements, better rotor profiles, and design innovations are driving the demand for these compressors, thereby fueling the growth of the market.

The categories of the Indian compressor market on the basis of application are food & beverages, industrial manufacturing, construction, automotive, textile, chemical & cement, power, heating, ventilation, air conditioning, and refrigeration (HVAC-R), and oil & gas. The largest market share was held by the automotive industry in 2018. Compressors play an essential role in the automobile sector, as besides being used in HVAC systems, these are utilized in tire inflation, cutting and welding, engine construction, product finishing, and car painting.

During the forecast period, the southern part of the country is projected to record considerable growth in the compressor market of India. Among southern Indian states, the highest demand for compressors has been generated by Tamil Nadu during the past decade. As mentioned in the 2017-2018 state budget, the state government is planning to invest $2.6 billion in the energy sector as well as increase the automobile manufacturing capacity to 5.8 million units by 2020.

With the growing need for energy-efficient compressors, IoT-enabled variants are anticipated to make it to the Indian compressor market in the forecast period. Compressors are essential in the equipment manufacturing process, as their operational failure could directly impact the production process of businesses. In the future, sensor-integrated compressors would become imperative in the manufacturing process for predicting and detecting maintenance needs.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • ANEST IWATA Corporation
  • Atlas Copco AB
  • Elgi Equipments Limited
  • Ingersoll-Rand plc
  • Kaeser Kompressoren SE
  • Kobe Steel, Ltd.
  • MORE
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Type
1.3.2 Market Segmentation by Lubrication Type
1.3.3 Market Segmentation by Portability
1.3.4 Market Segmentation by Pressure
1.3.5 Market Segmentation by Application
1.3.6 Market Segmentation by Region
1.3.7 Market Data Reporting Unit
1.3.7.1 Value
1.3.7.2 Volume
1.4 Key Stakeholders

Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 Breakdown of Primary Research Respondents
2.2.1.1 By region
2.2.1.2 By industry participant
2.2.1.3 By company type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction
4.1. Definition of Market Segments
4.1.1. By Compressor Type
4.1.1.1 Positive Displacement
4.1.1.1.1 Reciprocating
4.1.1.1.1.1. In-line
4.1.1.1.1.2. “V” Shaped
4.1.1.1.1.3. Tandem Piston
4.1.1.1.1.4. Single-acting
4.1.1.1.1.5. Double-acting
4.1.1.1.1.6. Diaphragm
4.1.1.1.2 Rotary
4.1.1.1.2.1. Screw
4.1.1.1.2.2. Vane
4.1.1.1.2.3. Lobe and Scroll
4.1.1.2 Dynamic
4.1.1.2.1 Centrifugal
4.1.1.2.2 Axial
4.1.2 By Lubrication Type
4.1.2.1 Oil-free
4.1.2.2 Oil-flooded
4.1.3 By Portability
4.1.3.1 Portable
4.1.3.2 Stationary
4.1.4 By Pressure
4.1.4.1 Ultra-low-pressure
4.1.4.2 Low-pressure
4.1.4.3 Medium-pressure
4.1.4.4 High-pressure
4.1.4.5 Hyper-pressure
4.1.5 By Applications
4.1.5.1 Construction
4.1.5.2 Power
4.1.5.3 Industrial Manufacturing
4.1.5.4 HVAC-R
4.1.5.5 Chemical and Cement
4.1.5.6 Oil and Gas
4.1.5.7 Automotive
4.1.5.8 Food and Beverage
4.1.5.9 Textile
4.1.5.10 Others
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Trends
4.3.1.1 Focus toward energy efficient compressors
4.3.1.2 Inclination toward rotary screw compressors
4.3.2 Drivers
4.3.2.1 Rising automotive sector in India
4.3.2.2 Growing manufacturing sector due to increasing government support
4.3.2.3 Drivers for The Market: Impact Analysis
4.3.3 Restraints
4.3.3.1 Increased import duty on compressors
4.3.3.2 Restraints for The Market: Impact Analysis
4.3.4 Opportunity
4.3.4.1 Launch of compressors with IoT technology
4.3.4.2 Development of gas pipeline network in North Eastern region
4.4 Porter’s Five Forces Analysis

Chapter 5. India Market Size and Forecast
5.1. By Type
5.1.1. Positive displacement, by Type
5.1.1.1. Positive displacement, by Reciprocating Type
5.1.1.2. Positive displacement, by Rotary Type
5.1.2. Dynamic, by Type
5.2. By Lubrication Type
5.3. By Portability
5.4. By Pressure
5.5. By Application
5.6. By Region

Chapter 6. Competitive Landscape
6.1 List of Key Players and their Offerings
6.2 Market Share Analysis of Key Players
6.3 Competitive Benchmarking of Key Players
6.4 Recent Activities of Key Players
6.5 Strategic Developments of Key Players
6.5.1. Mergers and Acquisitions
6.5.2. Product Launches
6.5.3. Client Wins

Chapter 7. Company Profiles
7.1 Elgi Equipments Limited
7.1.1. Business Overview
7.1.2. Product and Service Offerings
7.1.3. Key Financial Summary
7.2 Kaeser Kompressoren SE
7.2.1. Business Overview
7.2.2. Product and Service Offerings
7.3. Ingersoll-Rand plc
7.3.1. Business Overview
7.3.2. Product and Service Offerings
7.3.3. Key Financial Summary
7.3.4. SWOT Analysis
7.4. Atlas Copco AB
7.4.1. Business Overview
7.4.2. Product and Service Offerings
7.4.3. Key Financial Summary
7.4.4. SWOT Analysis
7.5. Kobe Steel, Ltd.
7.5.1. Business Overview
7.5.2. Product Offerings
7.5.3. Key Financial Summary
7.5.4. SWOT Analysis
7.6. ANEST IWATA Corporation
7.6.1. Business Overview
7.6.2. Product and Service Offerings
7.6.3. Key Financial Summary
7.7. Burckhardt Compression Holding AG
7.7.1. Business Overview
7.7.2. Product and Service Offerings
7.7.3. Key Financial Summary
7.8. Kirloskar Pneumatic Company Limited
7.8.1. Business Overview
7.8.2. Product and Service Offerings
7.8.3. Key Financial Summary
7.9. Indo-Air Compressors Pvt. Ltd.
7.9.1. Business Overview
7.9.2. Product and Service Offerings
7.10. Mitsubishi Heavy Industries Ltd.
7.10.1. Business Overview
7.10.2. Product and Service Offerings
7.10.3. Key Financial Summary
7.10.4. SWOT Analysis

Chapter 8. Appendix
8.1 Abbreviations
8.2 Sources and References
8.3 Related Reports

List of Tables
TABLE 1 ANALYSIS PERIOD OF THE STUDY
TABLE 2 DRIVERS FOR THE MARKET: IMPACT ANALYSIS
TABLE 3 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS
TABLE 4 INDIA COMPRESSOR MARKET, BY TYPE, $M (2014– 2018)
TABLE 5 INDIA COMPRESSOR MARKET, BY TYPE, $M (2019 - 2024)
TABLE 6 INDIA COMPRESSOR MARKET, BY TYPE, ‘000 UNITS (2014 - 2018)
TABLE 7 INDIA COMPRESSOR MARKET, BY TYPE, ‘000 UNITS (2019 - 2024)
TABLE 8 INDIA POSITIVE DISPLACEMENT COMPRESSOR MARKET, BY TYPE, $M (2014 - 2018)
TABLE 9 INDIA POSITIVE DISPLACEMENT COMPRESSOR MARKET, BY TYPE, $M (2019 - 2024)
TABLE 10 INDIA POSITIVE DISPLACEMENT COMPRESSOR MARKET, BY TYPE, ‘000 UNITS (2014 - 2018)
TABLE 11 INDIA POSITIVE DISPLACEMENT COMPRESSOR MARKET, BY TYPE, ‘000 UNITS (2019 - 2024)
TABLE 12 INDIA POSITIVE DISPLACEMENT COMPRESSOR MARKET, BY RECIPROCATING TYPE, $M (2014 - 2018)
TABLE 13 INDIA POSITIVE DISPLACEMENT COMPRESSOR MARKET, BY RECIPROCATING TYPE, $M (2019 - 2024)
TABLE 14 INDIA POSITIVE DISPLACEMENT COMPRESSOR MARKET, BY RECIPROCATING TYPE, ‘000 UNITS (2014 - 2018)
TABLE 15 INDIA POSITIVE DISPLACEMENT COMPRESSOR MARKET, BY RECIPROCATING TYPE, ‘000 UNITS (2019 - 2024)
TABLE 16 INDIA POSITIVE DISPLACEMENT COMPRESSOR MARKET, BY ROTARY TYPE, $M (2014 - 2018)
TABLE 17 INDIA POSITIVE DISPLACEMENT COMPRESSOR MARKET, BY ROTARY TYPE, $M (2019 - 2024)
TABLE 18 INDIA POSITIVE DISPLACEMENT COMPRESSOR MARKET, BY ROTARY TYPE, ‘000 UNITS (2014 - 2018)
TABLE 19 INDIA POSITIVE DISPLACEMENT COMPRESSOR MARKET, BY ROTARY TYPE, ‘000 UNITS (2019 - 2024)
TABLE 20 INDIA DYNAMIC COMPRESSOR MARKET, BY TYPE, $M (2014 - 2018)
TABLE 21 INDIA DYNAMIC COMPRESSOR MARKET, BY TYPE, $M (2019 - 2024)
TABLE 22 INDIA DYNAMIC COMPRESSOR MARKET, BY TYPE, ‘000 UNITS (2014 - 2018)
TABLE 23 INDIA DYNAMIC COMPRESSOR MARKET, BY TYPE, ‘000 UNITS (2019 - 2024)
TABLE 24 INDIA COMPRESSOR MARKET, BY LUBRICATION TYPE, $M (2014 - 2018)
TABLE 25 INDIA COMPRESSOR MARKET, BY LUBRICATION TYPE, $M (2019 - 2024)
TABLE 26 INDIA COMPRESSOR MARKET, BY PORTABILITY, $M (2014 - 2018)
TABLE 27 INDIA COMPRESSOR MARKET, BY PORTABILITY, $M (2019 - 2024)
TABLE 28 INDIA COMPRESSOR MARKET, BY PRESSURE, $M (2014 - 2018)
TABLE 29 INDIA COMPRESSOR MARKET, BY PRESSURE, $M (2019 - 2024)
TABLE 30 INDIA COMPRESSOR MARKET, BY APPLICATION, $M (2014 - 2018)
TABLE 31 INDIA COMPRESSOR MARKET, BY APPLICATION, $M (2019 - 2024)
TABLE 32 TOP INDUSTRIES NORTHERN REGION, BY CITY
TABLE 33 TOP INDUSTRIES SOUTHERN REGION, BY CITY
TABLE 34 INDIA COMPRESSOR MARKET, BY REGION, $M (2014 - 2018)
TABLE 35 INDIA COMPRESSOR MARKET, BY REGION, $M (2019 - 2024)
TABLE 36 LIST OF KEY PLAYERS AND THEIR OFFERINGS
TABLE 37 COMPETITIVE BENCHMARKING OF KEY PLAYERS
TABLE 38 ELGI EQUIPMENTS LIMITED - AT A GLANCE
TABLE 39 ELGI EQUIPMENTS LIMITED - KEY FINANCIAL SUMMARY
TABLE 40 KAESER KOMPRESSOREN SE - AT A GLANCE
TABLE 41 INGERSOLL-RAND PLC– AT A GLANCE
TABLE 42 INGERSOLL-RAND PLC - KEY FINANCIAL SUMMARY
TABLE 43 ATLAS COPCO AB - AT A GLANCE
TABLE 44 ATLAS COPCO AB - KEY FINANCIAL SUMMARY
TABLE 45 KOBE STEEL, LTD - AT A GLANCE
TABLE 46 KOBE STEEL, LTD - KEY FINANCIAL SUMMARY
TABLE 47 ANEST IWATA CORPORATION - AT A GLANCE
TABLE 48 ANEST IWATA CORPORATION - KEY FINANCIAL SUMMARY
TABLE 49 BURCKHARDT COMPRESSION HOLDING AG - AT A GLANCE
TABLE 50 BURCKHARDT COMPRESSION HOLDING AG - KEY FINANCIAL SUMMARY
TABLE 51 KIROLSKAR PNEUMATIC COMPANY LIMITED - AT A GLANCE
TABLE 52 KIROLSKAR PNEUMATIC COMPANY LIMITED - KEY FINANCIAL SUMMARY
TABLE 53 INDO-AIR COMPRESSORS PVT. LTD. - AT A GLANCE
TABLE 54 MITSUBISHI HEAVY INDUSTRIES LTD. - AT A GLANCE
TABLE 55 MITSUBISHI HEAVY INDUSTRIES LTD. - KEY FINANCIAL SUMMARY

List of Figures
FIG 1 RESEARCH SCOPE
FIG 2 RESEARCH METHODOLOGY
FIG 3 BREAKDOWN OF PRIMARY RESEARCH BY REGION
FIG 4 BREAKDOWN OF PRIMARY RESEARCH BY INDUSTRY PARTICIPANT
FIG 5 BREAKDOWN OF PRIMARY RESEARCH BY COMPANY TYPE
FIG 6 DATA TRIANGULATION APPROACH
FIG 7 INDIA COMPRESSOR MARKET SUMMARY
FIG 8 VALUE CHAIN ANALYSIS
FIG 9 BARGAINING POWER OF BUYERS
FIG 10 BARGAINING POWER OF SUPPLIERS
FIG 11 INTENSITY OF RIVALRY
FIG 12 THREAT OF NEW ENTRANTS
FIG 13 THREAT OF SUBSTITUTES
FIG 14 INDIA COMPRESSOR MARKET SNAPSHOT (2018)
FIG 15 INDIA COMPRESSOR MARKET, BY TYPE, $M (2014–2024)
FIG 16 INDIA POSITIVE DISPLACEMENT COMPRESSOR MARKET, BY TYPE, $M (2014 - 2024)
FIG 17 INDIA POSITIVE DISPLACEMENT COMPRESSOR MARKET, BY RECIPROCATING TYPE, $M (2014 - 2024)
FIG 18 INDIA POSITIVE DISPLACEMENT COMPRESSOR MARKET, BY ROTARY TYPE, $M (2014 - 2024)
FIG 19 INDIA DYNAMIC COMPRESSOR MARKET, BY TYPE, $M (2014 - 2024)
FIG 20 INDIA COMPRESSOR MARKET, BY LUBRICATION TYPE, $M (2014 - 2024)
FIG 21 INDIA COMPRESSOR MARKET, BY PORTABILITY, $M (2014 - 2024)
FIG 22 INDIA COMPRESSOR MARKET, BY PRESSURE, $M (2014 - 2024)
FIG 23 INDIA COMPRESSOR MARKET, BY APPLICATION, $M (2014 - 2024)
FIG 24 INDIA COMPRESSOR MARKET, BY REGION, $M (2014 - 2024)
FIG 25 INDIA COMPRESSOR MARKET SHARE OF KEY PLAYERS (2017)
FIG 26 RECENT ACTIVITIES OF MAJOR PLAYERS
FIG 27 ELGI EQUIPMENTS LIMITED - REVENUE SPLIT BY SEGMENT (2018)
FIG 28 INGERSOLL-RAND PLC - REVENUE SPLIT BY GEOGRAPHY AND SEGMENT (2018)
FIG 29 SWOT ANALYSIS OF INGERSOLL-RAND PLC
FIG 30 ATLAS COPCO AB– REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2018)
FIG 31 SWOT ANALYSIS OF ATLAS COPCO AB
FIG 32 KOBE STEEL, LTD– REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2018)
FIG 33 SWOT ANALYSIS OF KOBE STEEL, LTD.
FIG 34 ANEST IWATA CORPORATION - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2018)
FIG 35 BURCKHARDT COMPRESSION HOLDING AG - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2017)
FIG 36 KIROLSKAR PNEUMATIC COMPANY LIMITED - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2018)
FIG 37 MITSUBISHI HEAVY INDUSTRIES LTD. - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2018)
FIG 38 SWOT ANALYSIS OF MITSUBISHI HEAVY INDUSTRIES LTD.
Note: Product cover images may vary from those shown
3 of 3

Loading
LOADING...

4 of 3
  • Elgi Equipments Limited
  • Kaeser Kompressoren SE
  • Ingersoll-Rand plc
  • Atlas Copco AB
  • Kobe Steel, Ltd.
  • ANEST IWATA Corporation
  • Burckhardt Compression Holding AG
  • Kirloskar Pneumatic Company Limited
  • Indo-Air Compressors Pvt. Ltd.
  • Mitsubishi Heavy Industries Ltd.
Note: Product cover images may vary from those shown
Adroll
adroll