Global Gas Compressors Market 2024-2028
The gas compressors market is forecasted to grow by USD 2.86 bn during 2023-2028, accelerating at a CAGR of 5.41% during the forecast period. The report on the gas 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 increasing need for energy-efficient gas compressor systems, growing use of cng as fuel, and increasing adoption of gas compressors in various industries.
Technavio's gas compressors market is segmented as below:
By Product
- PD compressors
- Roller crushers
By End-user
- Oil and gas
- Power generation
- Chemicals and petrochemicals
- Mining
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the increasing strategic alliances among vendors as one of the prime reasons driving the gas compressors market growth during the next few years. Also, rising focus on economy and energy security and technological developments in gas compressors will lead to sizable demand in the market.
The report on the gas compressors market covers the following areas:
- Gas compressors market sizing
- Gas compressors market forecast
- Gas compressors market industry analysis
The 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 gas compressors market vendors that include Accudyne Systems Inc., Aerzener Maschinenfabrik GmbH, Atlas Copco AB, BAUER COMPRESSORS INC, BOGE KOMPRESSOREN GmbH and Co. KG, Burckhardt Compression Holding AG, Ebara Corp., Elgi Equipments Ltd, Gardner Denver, General Electric Co., Hitachi Ltd., IDEX Corp., Ingersoll Rand Inc., J.P Sauer and Sohn Maschinenbau GmbH, KAESER KOMPRESSOREN SE, Kobe Steel Ltd., Mitsubishi Heavy Industries Ltd., Siemens AG, Sulzer Management Ltd., and The Procter and Gamble Co.. Also, the gas 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 publisher presents a detailed picture of the market by the 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 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.