Global Reciprocating Compressor Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Reciprocating Compressor Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Reciprocating Compressor market finds that the global Reciprocating Compressor market reached a value of USD 5879.5 million in 2022. It’s expected that the market will achieve USD 7184.8 million by 2028, exhibiting a CAGR of 3.4% during the forecast period.

This study focuses on the production side and consumption side of Reciprocating Compressor, presents the global Reciprocating Compressor market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Reciprocating Compressor capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type. In terms of consumption side, this report focuses on the consumption of Reciprocating Compressor by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc. A reciprocating compressor or piston compressor is a positive-displacement compressor that uses pistons driven by a crankshaft to deliver gases at high pressure. For industry structure analysis, the Reciprocating Compressor industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 52 % of the revenue market. Regionally, North America is the biggest production value area in 2016, also the leader in the whole Reciprocating Compressor industry. China occupied 29.42% of the production market in 2016. It is followed by North America and Europe, which respectively account for around 25.29% and 17.25% of the global total industry. Other countries have a smaller amount of production. Geographically, North America was the largest consumption market in the world, which took about 26.75% of the global consumption volume in 2016. For price trend analysis, a key variable in the performance of Reciprocating Compressor producers is raw material costs, specifically the speed at which any increase can be passed through to customers. For forecast, the global Reciprocating Compressor revenue would keep increasing with annual growth rate with 3~7%. We tend to believe that this industry still has a good future, considering the current demand of Reciprocating Compressor. The Reciprocating Compressor market was valued at 6130 Million US$ in 2017 and is projected to reach 9270 Million US$ by 2025, at a CAGR of 5.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Reciprocating Compressor.

Key Companies in the global Reciprocating Compressor market covered in Chapter 3:

Gardner Denver
Corken
Sundyne
Neuman & Esser
KAESER
Ariel
Mayekawa
Fusheng
Atlas Copco
Howden
Dresser-Rand
Shenyang Yuanda
Hitachi
GE
Ingersoll Rand
Kobelco
Shenyang Blower
Burckhardt Compression

In Chapter 4 and Chapter 14.2, on the basis of types, the Reciprocating Compressor market from 2018 to 2029 is primarily split into:

Vertical
Horizontal
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Reciprocating Compressor market from 2018 to 2029 covers:

Refinery
Petrochemical and Chemical Plants
Gas Transport and Storage
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)