PUBLISHER: TechNavio | PRODUCT CODE: 1714147
PUBLISHER: TechNavio | PRODUCT CODE: 1714147
The compressors market is forecasted to grow by USD 12282.7 mn during 2024-2029, accelerating at a CAGR of 2.9% during the forecast period. The report on the 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 adoption of compressors in various industries, expansion of oil terminals, and growing need for energy-efficient compressors.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 2.8% |
CAGR | 2.9% |
Incremental Value | $12282.7 mn |
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's compressors market is segmented as below:
By End-user
By Type
By Technology
By Product Type
By Geographical Landscape
This study identifies the rising demand for oil-free compressors as one of the prime reasons driving the compressors market growth during the next few years. Also, increasing adoption of rental model for compressor procurement and increasing focus on big data analytics will lead to sizable demand in the market.
The report on the compressors market covers the following areas:
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 compressors market vendors that include Atlas Copco AB, BAC Compressors, BOGE, Danfoss AS, Doosan Portable Power Co., Elgi Equipments Ltd., Fusheng Precision Co. Ltd., Gardner Denver, Hanbell Precise Machinery Co. Ltd., Hitachi Ltd., Indo-Air Compressors Pvt. Ltd., Ingersoll Rand Inc., KAESER KOMPRESSOREN SE, Kaishan Compressor USA, Kirloskar Pneumatic Co. Ltd., Kobe Steel Ltd., Siemens Energy AG, and Sulzer Ltd.. Also, the 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 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 primary and secondary research. 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 accurate market growth.
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