Compressors Research:CAGR of 4.1% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report “Compressor- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”. Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Compressor was estimated to be worth US$ 35720 million in 2024 and is forecast to a readjusted size of US$ 43220 million by 2031 with a CAGR of 2.8% during the forecast period 2025-2031.

【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】 

https://www.qyresearch.com/reports/4241159/compressor

Compressors Market Summary

Compressors are mechanical devices designed to increase the pressure of a gas by reducing its volume. They function by drawing in gas and compressing it to a higher pressure, making it useful for a variety of applications. Compressors can be categorized into various types based on their mechanism of operation, such as reciprocating, rotary screw, axial, and centrifugal compressors. They play a crucial role in many industries, including manufacturing, automotive, oil and gas, and HVAC.

In this research the Refrigeration Compressors are not concluded.

According to the new market research report “Global Compressors Market Report 2024-2030”, published by QYResearch, the global Compressors market size is projected to reach USD 42.81 billion by 2030, at a CAGR of 4.1% during the forecast period.

• Global Compressors MarketSize(US$ Million), 2019-2030

Above data is based on report from QYResearch: Global Compressors Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

• Global Compressors Top21Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)

Above data is based on report from QYResearch: Global Compressors Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Compressors include Atlas Copco, Ingersoll Rand, Siemens, Kaeser Compressors, Burckhardt Compression, Ariel, Mitsubishi Heavy Industries, Xi’an Shaangu Power, Hitachi, Baker Hughes, etc. In 2023, the global top 10 players had a share approximately 36.0% in terms of revenue.

• Compressors,Global Market Size, Split by Product Segment

Based on or includes research from QYResearch: Global Compressors Market Report 2024-2030.

In terms of product type, currently Screw Compressors is the largest segment, hold a share of 55.0%.

In terms of product application, currently Oil and Gas is the largest segment, hold a share of 52.5%.

Market Driving Factors

Growing Industrialization and Manufacturing:

As industries expand globally, the demand for compressors increases, especially in manufacturing plants, where compressed air is essential for powering machinery, tools, and equipment.

The rise of automation and the expansion of industrial production require advanced and reliable compressor technologies to ensure operational efficiency.

Rising Energy Demand and Efficiency:

Energy efficiency is a key driver for compressor technologies, as energy-efficient compressors help reduce operational costs in industrial, commercial, and residential applications. As businesses seek to minimize energy consumption, the demand for more efficient compressors is increasing.

Oil and Gas Industry Growth:

The oil and gas sector requires compressors for various processes such as natural gas compression, petroleum refining, and transportation. As energy demand rises globally, the oil and gas industry continues to be a significant driver for compressor demand.

Market Restraints

High Initial Cost and Maintenance:

Compressors, especially those with advanced features or higher capacities, can have high upfront costs. Additionally, they require regular maintenance and repairs to ensure optimal performance, which can increase overall operational costs for users.

Competition and Price Pressure:

The compressors market is highly competitive, with numerous players offering various types of compressors. Price pressure from low-cost manufacturers, particularly in emerging markets, can affect the profitability of established companies and slow market growth in certain segments.

Technological Complexity:

As compressor technologies advance, maintaining and operating these increasingly sophisticated systems requires specialized knowledge and skills. Companies and end-users may face challenges in adopting new compressor technologies without appropriate training or expertise.

Raw Material and Supply Chain Issues:

The compressor manufacturing process relies on specific raw materials, such as metals and specialty alloys. Disruptions in supply chains, especially due to geopolitical issues, natural disasters, or global pandemics, can lead to shortages or price hikes for critical materials, impacting production and pricing.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Compressor market is segmented as below:

By Company

    Atlas Copco
    Ingersoll Rand
    Sullair
    Kaeser
    Doosan
    Gardner Denver
    BOGE
    Kobelco
    Elgi
    Airman
    China Local Manufacturers Covered
    Fusheng
    Zhejiang Kaishan Compressor Co., Ltd
    Hongwuhuan
    Hanbell

Segment by Type

    Reciprocating Compressor
    Screw Compressor
    Centrifugal Compressor

Segment by Application

    Oil and Gas
    Manufacturing
    Others

Each chapter of the report provides detailed information for readers to further understand the Compressor market:

Chapter 1: Introduces the report scope of the Compressor report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)

Chapter 2: Detailed analysis of Compressor manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)

Chapter 3: Provides the analysis of various Compressor market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)

Chapter 5:  Sales, revenue of Compressor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)

Chapter 6:  Sales, revenue of Compressor in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Compressor competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Compressor comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Compressor market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

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