Quick Summary:
In the fast-paced world of energy and industry, understanding the trajectory of key markets, such as the Global Gas Equipment Market, is paramount to strategic planning and competitiveness. Our comprehensive report, showcasing a growth projection up to a staggering $132.7 Billion by 2030, provides invaluable insights for both industry leaders and emerging entities alike. Detailed analysis of the Atmospheric Gases and Hydrogen segments provide a granulated overview of this blossoming market.
Specific country-level analysis reveals the U.S market already at a robust $22.9 Billion, while China's robust market is expected to grow at a CAGR of 8.4%, indicating significant opportunities. Informative profiles of influential competitors like Air Liquide SA and Colfax Corporation equip you with a holistic understanding of the present landscape. Inclusive of updated developments, online interactive peer-to-peer collaborative bespoke updates, and access to digital archives, this report is a key instrument for informed decision-making.
Global Gas Equipment Market to Reach $132.7 Billion by 2030
The global market for Gas Equipment estimated at US$85.7 Billion in the year 2022, is projected to reach a revised size of US$132.7 Billion by 2030, growing at a CAGR of 5.6% over the analysis period 2022-2030. Atmospheric Gases, one of the segments analyzed in the report, is projected to record 5.4% CAGR and reach US$46.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hydrogen segment is readjusted to a revised 6.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $22.9 Billion, While China is Forecast to Grow at 8.4% CAGR
The Gas Equipment market in the U.S. is estimated at US$22.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$29.8 Billion by the year 2030 trailing a CAGR of 8.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 5.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.Select Competitors (Total 31 Featured) -
- Air Liquide SA
- Air Products and Chemicals, Inc.
- Colfax Corporation
- GCE Group AB
- Itron, Inc.
- Iwatani Corporation
- Linde AG
- Matheson Tri-Gas, Inc.
- Messer Group GmbH
- Praxair, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Gas Equipment?
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| Report Attribute | Details |
|---|---|
| No. of Pages | 289 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 85.7 Billion |
| Forecasted Market Value ( USD | $ 132.7 Billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Air Liquide SA
- Air Products and Chemicals, Inc.
- Colfax Corporation
- GCE Group AB
- Itron, Inc.
- Iwatani Corporation
- Linde AG
- Matheson Tri-Gas, Inc.
- Messer Group GmbH
- Praxair, Inc.
