Booster Compressor Market Report: Trends, Forecast and Competitive Analysis to 2030

Booster Compressor Market Report: Trends, Forecast and Competitive Analysis to 2030

Booster Compressor Trends and Forecast

The future of the global booster compressor market looks promising with opportunities in the oil & gas, process industry, chemical & petrochemical, and power generation markets. The global booster compressor market is expected to reach an estimated $2.4 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increasing demand for compressed air, strict government measures towards environmental pollution from plastic products, and rapid growth in the electric vehicle sectors.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Booster Compressor by Segment

The study includes a forecast for the global booster compressor by pressure, compression stage, cooling type, end use, and region.

Booster Compressor Market by Pressure [Shipment Analysis by Value from 2018 to 2030]:

• 14–40 Bar
• 41–100 Bar
• 101–350 Bar
• Above 351 Bar

Booster Compressor Market by Compression Stage [Shipment Analysis by Value from 2018 to 2030]:

• Single Stage
• Double Stage
• Multistage

Booster Compressor Market by Cooling Type [Shipment Analysis by Value from 2018 to 2030]:

• Air-Cooled
• Water-Cooled

Booster Compressor Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Oil & Gas
• Process Industry
• Chemical & Petrochemical
• Power Generation
• Others

Booster Compressor Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Booster Compressor Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies booster compressor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the booster compressor companies profiled in this report include-

• Atlas Copco
• BAUER COMP Holding
• Bauer Compressors
• BOGE KOMPRESSOREN Otto Boge
• Gas Compression Systems
• Generon, Hitachi
• IDEX Corporation
• Ingersoll Rand
• Kaeser Kompressoren
• Sauer Compressors

Booster Compressor Market Insights

Lucintel forecasts that air-cooled will remain the larger segment over the forecast period because it has low installation and maintenance costs, as well as, air-cooled compressors have a cooling circuit that uses a combination of a radiator and fan to remove heat from the compressor.

APAC will remain the largest region over the forecast period due to the rapid urbanization of emerging nations, growth in energy-generating projects, and new fuel supply and transportation systems in this region.

Features of the Global Booster Compressor Market

Market Size Estimates: Booster compressor market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Booster compressor market size by various segments, such as by pressure, compression stage, cooling type, end use, and region in terms of value ($B).

Regional Analysis: Booster compressor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different pressure, compression stage, cooling type, end use, and regions for the booster compressor market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the booster compressor market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the booster compressor market size?

Answer: The global booster compressor market is expected to reach an estimated $2.4 billion by 2030.

Q2. What is the growth forecast for booster compressor market?

Answer: The global booster compressor market is expected to grow with a CAGR of 4.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the booster compressor market?

Answer: The major drivers for this market are increasing demand for compressed air, strict government measures towards environmental pollution from plastic products, and rapid growth in the electric vehicle sectors.

Q4. What are the major segments for booster compressor market?

Answer: The future of the global booster compressor market looks promising with opportunities in the oil & gas, process industry, chemical & petrochemical, and power generation markets.

Q5. Who are the key booster compressor market companies?

Answer: Some of the key booster compressor companies are as follows:

• Atlas Copco
• BAUER COMP Holding
• Bauer Compressors
• BOGE KOMPRESSOREN Otto Boge
• Gas Compression Systems
• Generon, Hitachi
• IDEX Corporation
• Ingersoll Rand
• Kaeser Kompressoren
• Sauer Compressors

Q6. Which booster compressor market segment will be the largest in future?

Answer: Lucintel forecasts that air-cooled will remain the larger segment over the forecast period because it has low installation and maintenance costs, as well as, air-cooled compressors have a cooling circuit that uses a combination of a radiator and fan to remove heat from the compressor.

Q7. In booster compressor market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to the rapid urbanization of emerging nations, growth in energy-generating projects, and new fuel supply and transportation systems in this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the booster compressor market by pressure (14–40 bar, 41–100 bar, 101–350 bar, and above 351 bar), compression stage (single stage, double stage, and multistage), cooling type (air-cooled and water-cooled), end use (oil & gas, process industry, chemical & petrochemical, power generation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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