Global Air & Gas Compressor Market Growth 2023-2029

Global Air & Gas Compressor Market Growth 2023-2029

Air and Gas Compressor is a device that converts power (usually from an electric motor, a diesel engine or a gasoline engine) into kinetic energy by compressing and pressurizing air. The energy in the compressed air can be stored while the air remains pressurized. The energy can be used for a variety of applications, usually by utilizing the kinetic energy of the air as it is depressurized.

LPI (LP Information)' newest research report, the “Air & Gas Compressor Industry Forecast” looks at past sales and reviews total world Air & Gas Compressor sales in 2022, providing a comprehensive analysis by region and market sector of projected Air & Gas Compressor sales for 2023 through 2029. With Air & Gas Compressor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Air & Gas Compressor industry.

This Insight Report provides a comprehensive analysis of the global Air & Gas Compressor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Air & Gas Compressor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Air & Gas Compressor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Air & Gas Compressor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Air & Gas Compressor.

The global Air & Gas Compressor market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

North America is estimated to account for majority market share in the global air & gas compressor market over the next seven years owing to the all-time high, new exploration activities paired with shale boom, fueling the market for truck usage in oil and gas industries in this region. Furthermore, presence of numerous manufacturers and growing adoption of compressors in this region may also contribute positively to market augmentation. Government mandates pertaining to the use of air & gas compressor may also drive the regional market growth in North America and Europe. Asia Pacific is expected to exhibit high growth owing to increasing development activities in countries such as China, India, and Japan. In addition, outsourcing of essential manufacturing processes to these developing countries owing to low labor cost is also expected to drive market growth in this region.

This report presents a comprehensive overview, market shares, and growth opportunities of Air & Gas Compressor market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Positive Displacement
Centrifugal Compressors

Segmentation by application
Petrochemical and Chemical
Machinery Manufacturing
Mining and Metallurgy
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Atlas Copco
GE
Ingersoll Rand
Siemens (Dresser-Rand)
Accudyne Industries
BOGE
Doosan
Ebara
ELGI Equipment
Fusheng
Gardner Denver
Hanbell
Hitachi
Hongwuhuan
Kaeser Compressors
Kaishan
Kirloskar
Kobe Steel
Mitsubishi Heavy Industries
Shanghai Feihe Industrial Group
Shanghai Screw Compressor
Sulzer
Thomas Industries
VMAC
Wuxi Compressor
Yujin Machinery

Key Questions Addressed in this Report

What is the 10-year outlook for the global Air & Gas Compressor market?

What factors are driving Air & Gas Compressor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Air & Gas Compressor market opportunities vary by end market size?

How does Air & Gas Compressor break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.