Report Scope:
This marketing report covers all aspects of the global compressor market. As the compressor market is dependent on the macroeconomics and social developments, the key macro and socio indicators are analyzed and forecasted through 2023. To give more insights on the market changes, the market analysis is segmented by general types (dynamic displacement and positive displacement), seal type (lubricated and oil-free) and portability (portable and stationary). Also, the study investigates end users and applications, and breaks sales down through a variety of channels that allows distributors to investigate sales channel strategies and define sales tools.
A compressor is a device that increases the pressure of a substance (usually an air or a gas) by reducing its substance. Compressors segments covered in this report include:
By product type:
- Dynamic displacement compressors (including centrifugal): here, the mechanical linkage reduces the volume of air or gas physically to increase pressure.
- Positive displacement (rotary and reciprocating): this type of compressor provides some velocity to an air or a gas which is then diffused, resulting in increased pressure.
By seal type:
- Lubricated compressor.
- Oil free compressor.
- By portability type:
- Stationary compressors.
- Portable compressors.
Market segments by application (home appliances, oil and gas, energy, manufacturing, food and beverage, healthcare, construction, chemical, others) and end-user sector (industrial, agricultural, households, others) will are studied as well.
This report does not touch on subtypes of rotary and reciprocating compressors like membranous, pistons, plates and spirals.
As technology is the key driver of the compressor market, innovations and tech trends are studied in this report. Analysis of value chains is the very important part of work as it allows to figure out the role of the market players within the compressors manufacturing and sales business.
The market analysis breakdown by regions is: North America, Europe, Asia-Pacific, Africa, Middle East and Latin America. Some key countries are analyzed within regions as their influence defines the key trends and changes on the regional markets.
International trade by the equipment and machinery building products is highly affected by tariffs and non-tariff regulations. This issue is studied within this report. All tariff rates for major importing countries as well as legal requirements and certifications are presented as well.
Also, there is a particular focus on key manufacturers and distributors regarding their performance, innovations and development strategies.
Report Includes:
- 42 data tables and 21 additional tables
- An overview of the global market and technologies for compressors
- Analyses of global market trends, with data from 2017, 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Coverage of classification, product description and technical characteristics of compressors
- Discussion about key drivers, constraints and strategies for the global compressor market development
- Evaluation of macroeconomic indicators and population dynamics by region, including GDP, export/import, trade balance, population, and exchange rates of the key currencies
- Detailed profiles of the major companies in the market, including Atlas Copco, Campbell Hausfeld, Ebara Corp., GE Oil & Gas and Siemens
Summary
Presently, the global compressor market is experiencing changes with regards to demand, supply, technologies and consumer preferences. These changes come about due to consumer demand and market innovation. Major factors influencing the market include -
- Rising demand from the oil and gas industries due to increase in extraction and storage facility expansions.
- Strong development in manufacturing in the Asia-Pacific, North America and Middle East which is driving demand for innovative industrial compressors.
- Population growth worldwide, which is affecting sectors such as energy, food and beverages, and construction, which is boosting demand for compressors.
- Significant investments in research and development by the market leaders such as Atlas Copco, Ingersoll-Rand, Kaeser, Mitsubishi and MAN. This R&D is impacting unit efficiency and lifespan.
- Strict regulations regarding air pollution, noise, emissions and harmful environmental effects.
- Growing compressor maintenance costs and a push toward longer lifecycles.
- Rising demand for compressors which use a variety of fuels and a push for fuel efficiency.
- Variations in compressors pressures and a push for automatic pressure changes.
- Digitalization of compressor controls systems which allow remote management and early determination of maintenance needs.
Major compressor manufacturers globally include Atlas Copco, Kobelco, Elgi Equipment, Ingersoll-Rand, Mitsubishi Heavy Industry, Sulzer, Ebara Corp., Doosan Infracore Portable Power, Siemens, BOGE, Gardner Denver, Kaeser, Bauer Compressors, Sullair, MAN and Hitachi. These players hold almost 60% of the global compressor market and their shares are increasing as they make significant investments in innovation and marketing. Moreover, the developed chains of sales and engineering representatives allow them to provide high quality after sales service, which is substantial value added to the compressor buyers.
The global compressor market was valued at REDACTED in 2017. The positive displacement compressor market totaled REDACTED, while dynamic displacement compressors were valued at REDACTED. The market is forecast to grow to REDACTED by 2023, with the positive displacementcompressor market reaching REDCATED, for a growth of REDACTED.
Compressors: Technologies and Global Markets to 2023
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Background
Macroeconomic Indicators of Global Development
Compressors Classification and Product Description
Compressors by Product Type
Compressors by Seal Type
Compressors by Output Power
Compressors by Portability Type
Raw Materials for Compressor Manufacturing
Key Drivers and Constraints of the Global Compressor Market
Chapter 4 Market Breakdown by Technology Type
Manufacturer Revenue by Compressor Type
Manufacturer Revenue by Compressor Seal Type
Manufacturer Revenue by Compressors Portability Type
Chapter 5 Market Breakdown by End User
Chapter 6 Market Breakdown by Application
Chapter 7 Market Breakdown by Region
North American Compressor Market
Impact of the Gas and Oil Industry on the North American Compressor Market
Impact of the Construction Industry on the Compressor Market in North America
Impact of the Manufacturing Industry on the Compressor Market in North America
Impact of Population Growth on the North American Compressor Market
Macroeconomics and Social Outlook for North American Development
North American Compressor Market Dynamics
Compressor Sales Channels in North America
Tariff Regulation of Compressors Sales in North American Markets
Asia-Pacific Compressor Market
Impact of the Manufacturing Industry on the Compressor Market in the Asia-Pacific Region
Impact of the Gas and Oil Industry on the Asia-Pacific Compressor Market
Impact of the Energy Industry on the Compressor Market in the Asia-Pacific Region
Impact of the Construction Industry on the Compressor Market in the Asia-Pacific Region
Impact of Population Growth on the Compressor Market in the Asia-Pacific Region
Macroeconomics and Social Outlook on Asia-Pacific Development
Asia-Pacific Compressor Market Dynamics
Compressor Sales Channels in the Asia-Pacific Market
Tariff Regulation of Compressor Sales in Asia-Pacific Markets
European Compressor Market
Impact of Population Growth on the Compressor Market in Europe
Impact of the Manufacturing Industry on the Compressor Market in Europe
Impact of the Oil and Gas Industry on the Compressor Market in Europe
Impact of the Construction Industry on the Compressor Market in Europe
Macroeconomics and Social Outlook on European Development
European Compressor Market Dynamics
Compressor Sales Channels in Europe
Tariff and Non-tariff Regulations on Compressor Sales in Europe
African Compressor Market
Impact of Population Growth on the Compressor Market in Africa
Impact of the Gas and Oil Industry on the Compressor Market in Africa
Impact of the Energy Industry on the Compressor Market in Africa
Impact of the Manufacturing Industry on the Compressor Market in Africa
Impact of the Construction Industry on the Compressor Market in Africa
Macroeconomics and Social Outlook on Africa Development
African Compressor Market Dynamics
Channels of Compressor Sales in Africa
Tariff Regulation of Compressor Sales in Africa
The Middle East Compressor Market
Impact of Population Growth on the Compressor Market in the Middle East
Impact of the Gas and Oil Industry on the Compressor Market in the Middle East
Impact of the Manufacturing Industry on the Compressor Market in the Middle East
Impact of the Construction Industry on the Compressor Market in the Middle East
Macroeconomics and Social Outlook on Middle East Development
Middle East Compressor Market Dynamics
Compressor Sales Channels in the Middle East
Tariff Regulation of Compressor Sales in the Middle East
Latin American Compressor Market
Impact of the Population Rise on the Compressor Market in Latin America
Impact of the Manufacturing Industry on the Compressor Market in Latin America
Impact of the Gas and Oil Industry on the Compressor Market in Latin America
Impact of the Construction Industry on the Compressor Market in Latin America
Impact of the Energy Industry on the Compressor Market in Latin America
Macroeconomics and Social Outlook in Latin America
Latin America Compressor Market Dynamics
Channels of Compressor Sales on the Latin America Market
Tariffs and Compressor Sales Impacts on the Latin America Market
Chapter 8 Patent Review/ New Developments
Modern Compressor Innovations
Operating Improvements
Energy Efficiency
Digitalization
Promising Technologies Not Yet Available
Product/Component Level
Package Level
Compressor Patent Analysis
Patent Review by Year
Patent Review by Parent Patent Office
Patented Compressor Invention Review
Chapter 9 Market Opportunities
Macroeconomic Outlook
Key Drivers that Will Define Demand in the Midterm
Global Value-Added Chains Analysis: Who Earns More than Others?
Strategies of Key Manufacturers
Unique Sales Points of Major Players
Compressor Consumer Preferences: Current State and Expected Developments
Sales Channels and Their Future Development
Chapter 10 Company Profiles
ATLAS COPCO
BAKER HUGHES
BAUER COMPRESSORS
BELAIRE
BOGE KOMPRESSOREN
BURCKHARDT COMPRESSION AG
CAMPBELL HAUSFELD
CHICAGO PNEUMATIC
COOK COMPRESSION
DOOSAN PORTABLE POWER
EBARA CORP.
ELGI EQUIPMENT
FRANK COMPRESSORS
GARDNER DENVER
GE OIL & GAS
HITACHI INDUSTRIAL EQUIPMENT SYSTEMS
HOKUETSU INDUSTRIES CO.
HOWDEN GROUP
INGERSOLL RAND
KAESER KOMPRESSOREN
KAISHAN
KIRLOSKAR PNEUMATIC CO. LTD.
KOBELCO COMPRESSORS
MAN DIESEL & TURBO
MANATEC ELECTRONICS
MATTEI COMPRESSORS
MITSUBISHI HEAVY INDUSTRIES COMPRESSOR CORP.
PORTER-CABLE
QUINCY COMPRESSOR
SIEMENS
SULLAIR (A HITACHI GROUP CO.)
SULZER AG
VMAC GLOBAL TECHNOLOGY INC.
WUXI COMPRESSOR
Chapter 11 Appendix A: Natural Gas Pipeline Projects in the U.S.
Chapter 12 Appendix B: Natural Gas Liquefaction Plants under Construction in the Asia-Pacific Region
Chapter 13 Appendix C: Regasification Terminals Under Construction in the Asia-Pacific Region
Chapter 14 Appendix D: LNG Terminals Under Construction in Europe
Chapter 15 Appendix E: Gas Storage Facilities Under Construction in Europe
Chapter 16 Appendix F: Abbreviations, Glossary & Bibliography
Bibliography
List of Tables
Summary Table A : Global Market for Compressors, by Product Type, Through 2023
Summary Table B : Global Market for Dynamic Displacement Compressors, by Region, Through 2023
Summary Table C : Global Market for Positive Displacement Compressors, by Region, Through 2023
Summary Table D : Global Market for Compressors, by End Use, Through 2023
Summary Table E : Global Market for Compressors, by Application Industry, Through 2023
Table 1 : Advantages and Disadvantages of Some Compressor Types
Table 2 : Input Materials of Compressors Manufacturing
Table 3 : Global Market for Compressors, by Product Type, Through 2023
Table 4 : Global Market for Compressors, by Seal Type, Through 2023
Table 5 : Global Market for Compressors, by Portability Type, Through 2023
Table 6 : Global Market for Compressors, by End Use, Through 2023
Table 7 : Global Market for Compressors, by Application, Through 2023
Table 8 : Current Gas Industry Infrastructure and Potential Demand for Compressors Due to Retrofitting and Renovation, Through 2023
Table 9 : Natural Gas Pipeline Capacity Additions, 2018-2023
Table 10 : Key Macro Indicator Projections for North America, Through 2023
Table 11 : North American Market for Compressors, by Product Type, Through 2023
Table 12 : North American Market for Compressors, by Seal Type, Through 2023
Table 13 : North American Market for Compressors, by Portability Type, Through 2023
Table 14 : North American Market for Compressors, by End Use, Through 2023
Table 15 : North American Market for Compressors, by Application, Through 2023
Table 16 : Compressor Import Tariffs in North America
Table 17 : Projected Source of Demand for Gas Compressors in the Asia-Pacific Region, Through 2023
Table 18 : Key Macro Indicator Projection for the Asia-Pacific Region, Through 2023
Table 19 : Asia-Pacific Market for Compressors, by Product Type, Through 2023
Table 20 : Asia-Pacific Market for Compressors, by Seal Type, Through 2023
Table 21 : Asia-Pacific Market for Compressors, by Portability Type, Through 2023
Table 22 : Asia-Pacific Market for Compressors, by End Use, Through 2023
Table 23 : Asia-Pacific Market for Compressors, by Application, Through 2023
Table 24 : Tariffs for Compressors Imported into Major Asia-Pacific Countries
Table 25 : Key Macro Indicators Projection for Europe, Through 2023
Table 26 : European Market for Compressors, by Product Type, Through 2023
Table 27 : European Market for Compressors, by Seal Type, Through 2023
Table 28 : European Market for Compressors, by Portability Type, Through 2023
Table 29 : European Market for Compressors, by End Use, Through 2023
Table 30 : European Market for Compressors, by Application, Through 2023
Table 31 : Legal Requirements for Compressors in the E.U. Market
Table 32 : Tariff Regulation of Compressor Imports into Major European Countries
Table 33 : Key Macro Indicator Projection for Africa, Through 2023
Table 34 : African Market for Compressors, by Product Type, Through 2023
Table 35 : African Market for Compressors, by Seal Type, Through 2023
Table 36 : African Market for Compressors, by Portability Type, Through 2023
Table 37 : African Market for Compressors, by End Use, Through 2023
Table 38 : African Market for Compressors, by Application, Through 2023
Table 39 : Tariff Regulation of Compressor Import into Major African Countries
Table 40 : Key Macro Indicators Projection for the Middle East, Through 2023
Table 41 : Middle Eastern Market for Compressors, by Product Type, Through 2023
Table 42 : Middle Eastern Market for Compressors, by Seal Type, Through 2023
Table 43 : Middle Eastern Market for Compressors, by Portability Type, Through 2023
Table 44 : Middle Eastern Market for Compressors, by End Use, Through 2023
Table 45 : Middle Eastern Market for Compressors, by Application, Through 2023
Table 46 : Tariff Regulation of Compressor Imports into Major Middle Eastern Countries
Table 47 : Key Macro Indicator Projections for Latin America, Through 2023
Table 48 : Latin American Market for Compressors, by Product Type, Through 2023
Table 49 : Latin American Market for Compressors, by Seal Type, Through 2023
Table 50 : Latin American Market for Compressors, by Portability Type, Through 2023
Table 51 : Latin American Market for Compressors, by End Use, Through 2023
Table 52 : Latin American Market for Compressors, by Application, Through 2023
Table 53 : Tariff Regulations on Compressor Imports into Major Latin American Countries
Table 54 : Review of Innovative Patented Inventions for Compressors, 2015-2017
Table 55 : Key Macro Indicators Forecast for Regional Markets, Through 2023
Table 56 : Natural Gas Pipeline Projects in the U.S.
Table 57 : Natural Gas Liquefaction Plants under Construction in the Asia-Pacific Region
Table 58 : Regasification Terminals Under Construction in the Asia-Pacific Region
Table 59 : LNG Terminals Under Construction in Europe
Table 60 : Gas Storage Facilities Under Construction in Europe
Table 61 : Abbreviations Used in this Report
Table 62 : Glossary of Terms Used in this Report
List of Figures
Summary Figure A : Global Market for Compressors, by Product Type, 2017-2023
Summary Figure B : Global Market for Dynamic Displacement Compressors, by Region, 2017-2023
Summary Figure C : Global Market for Positive Displacement Compressors, by Region, 2017-2023
Summary Figure D : Global Market for Compressors, by End Use, 2017-2023
Summary Figure E : Global Market for Compressors, by Application Industry, 2017-2023
Figure 1 : Global World Gross Domestic Product, 2011-2017
Figure 2 : Contributions to Change in Global GDP Growth, by Developed and Developing Economies, 2017
Figure 3 : Simplified Compressors Classification
Figure 4 : Volume Shares of Input Materials for Manufacturing Low Pressure, 16.5 kW Compressors
Figure 5 : Sales Shares of Input Materials for Manufacturing Low Pressure 16.5 kW Compressors
Figure 6 : Price Dynamics for Major Compressor Manufacturing Input Materials
Figure 7 : Change in Average Price of Global Crude Oils, 2012-2018*
Figure 8 : North American GDP, 2004-2017
Figure 9 : Natural Gas Production in the United States, 2004-2017
Figure 10 : Natural Gas Consumption of the United States, 2004-2017
Figure 11 : Construction Spending in the United States, 2010-2017
Figure 12 : Shares of Construction Spending in the United States, by Sector, 2010-2017
Figure 13 : North American Manufacturing Market Growth, 2000-2017
Figure 14 : Population Growth in North America, 2000-2017
Figure 15 : North American Compressor Manufacturer Market Shares,
Figure 16 : North American Compressor Distributor/Dealer Market Shares
Figure 17 : Asia-Pacific GDP, 2007-2017
Figure 18 : Value Add of the Manufacturing Sector in the Asia-Pacific, Constant Prices (2010), 2004-2017
Figure 19 : Natural Gas Consumption in the Asia-Pacific Region, 2005-2017
Figure 20 : Projection of Natural Gas Consumption, by Country/Region, 2018-2023
Figure 21 : Natural Gas Consumption in China, 2010-2017
Figure 22 : Total Electricity Generation in the Asia-Pacific Region, 2004-2017
Figure 23 : Construction Output in the Asia-Pacific Region, 2010-2017
Figure 24 : Population in the Asia-Pacific Region, 2004-2017
Figure 25 : Asia-Pacific Compressor Manufacturer Market Shares
Figure 26 : Asia-Pacific Compressor Distributor/Dealer Market Shares
Figure 27 : GDP in the E.U., 2004-2017
Figure 28 : GDP in Russia, 2004-2017
Figure 29 : Population Growth in Europe, 2004-2017
Figure 30 : Changes in Manufacturing Output in the E.U., 2005-2017
Figure 31 : Shares of Manufacturing Output in the E.U., by Major Industries, 2005-2017
Figure 32 : Changes in Manufacturing Output in Russia, 2004-2017
Figure 33 : Natural Gas Consumption in the E.U., 2004-2017
Figure 34 : Natural Gas Production in the Russian Federation, 2004-2017
Figure 35 : Regasification Capacity of Large-Scale Terminals in Europe, 2017-2023
Figure 36 : Storage Capacity of Large-Scale Terminals in Europe, 2017-2023
Figure 37 : Construction Output in the E.U., 2004-2017
Figure 38 : Construction Output in the Russian Federation, 2004-2017
Figure 39 : European Compressor Manufacturer Market Shares
Figure 40 : European Compressor Distributor/Dealer Market Shares
Figure 41 : GDP in Africa, 2004-2017
Figure 42 : Population in Africa, 2004-2017
Figure 43 : Urban Population in Africa, 2004-2017
Figure 44 : Gas Production in Africa, 2004-2017
Figure 45 : Electricity Generation from Natural Gas in Africa, 2004-2017
Figure 46 : Oil and Gas Expenditures in Africa, 2012-2023
Figure 47 : Total Electricity Generation in Africa, 2004-2017
Figure 48 : Manufacturing in Africa, Value Added, Constant Prices (2010), 2004-2017
Figure 49 : Construction Output in Africa, 2013-2017
Figure 50 : Construction Output in Africa, by Sector, 2017
Figure 51 : African Compressor Manufacturer Market Shares
Figure 52 : African Compressor Distributor/Dealer Market Shares
Figure 53 : GDP Dynamics in the Middle East, 2004-2017
Figure 54 : Population Dynamics in the Middle East, 2004-2017
Figure 55 : Gas Production in the Middle East, 2004-2017
Figure 56 : Electricity Generation from Natural Gas in the Middle East, 2004-2017
Figure 57 : Total Electricity Generation in the Middle East, 2004-2017
Figure 58 : Manufacturing in the Middle East, Value Added, Constant Prices (2010), 2004-2017
Figure 59 : Urban Population in the Middle East, 2004-2017
Figure 60 : Gulf Cooperation Council Projects Contract Awards, 2005-2017
Figure 61 : Middle Eastern Compressor Manufacturer Market Shares
Figure 62 : Middle Eastern Compressor Distributor/Dealer Market Shares
Figure 63 : GDP Dynamics in Latin America, 2004-2017
Figure 64 : Population in Latin America, 2004-2017
Figure 65 : Manufacturing in Latin America, Value Added, Constant Prices (2010), 2004-2017
Figure 66 : Gas Production in Latin America, 2004-2017
Figure 67 : Electricity Generation from Natural Gas in Latin America, 2004-2017
Figure 68 : Natural Gas Production Capacity of Mexico, 2010-2017
Figure 69 : Construction Index in the Major Economies of Latin America, 2004-2017
Figure 70 : Total Electricity Generation in Latin America, 2004-2017
Figure 71 : Latin American Compressor Manufacturer Market Shares
Figure 72 : Latin America Compressor Distributor/Dealer Market Shares
Figure 73 : Comparison of the Total Cost Breakdown of Ingersoll Rand's Next Generation R-Series Compressors
Figure 74 : Dynamics of Patents Numbers Granted to Atlas Copco Related to Compressor Inventions, 2000-2017
Figure 75 : Global Patents Related to Compressor Inventions, 2000-2017
Figure 76 : Shares of Patents Granted for Compressor-Related Innovations, by Parent Patent Office, 2017
Figure 77 : Value Added Chain in the Global Compressor MarketC
Figure 78 : Consumer Buying Preferences for Compressors
Figure 79 : Distribution of Consumer Preferences in Buying Compressors, 2025
Figure 80 : Distribution of Compressor Manufacturer Sales in Domestic Markets, by Sales Channel
Figure 81 : Distribution of Distributor/Dealer Sales in Domestic Markets, by Sales Channel
Figure 82 : Distribution of Compressor Manufacturer Sales in the Export Markets, by Sales Channel
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