Global Gas Compressor Market Poised for Steady Growth Through 2031
The global gas compressor market is projected to grow at a compound annual growth rate (CAGR) of 4.6% between 2023 and 2031, according to a new market report published by Reed Intelligence.
Market Size: Base Year & Forecast
Base Year (2023): Market baseline as per the report’s start of forecast period.
Forecast Period (2023–2031): Expected to grow robustly at a CAGR of 4.6%.
Key Highlights
Largest Region: The region with the largest market share is Asia Pacific (APAC), driven by emerging economies, growing energy demand and expanding natural gas infrastructure.
Fastest-Growing Region: APAC also stands out as the fastest-growing region in the forecast period.
Largest Segmentation by Type: Among compressor types, the major type segments include Centrifugal Type, Reciprocating Type, Screw Type and Other types. The report lists these as the primary type categories.
Segmentation by Application: The market is segmented into Process Applications, Industrial Applications, and Others.
Market Dynamics
Drivers
The key driver behind the growth of the global gas compressor market is the rising energy demand and increased natural gas exploration worldwide, which is fueling demand for compressors for gas transmission, processing, and distribution infrastructure.
Furthermore, growing energy-efficiency initiatives and the push toward renewable gas applications offer substantial opportunities. As industries look to improve efficiency and reduce emissions, demand for modern compressors compatible with cleaner energy systems is expected to rise.
For more info -
https://reedintelligence.com/market-analysis/global-gas-compressor-market
Restraints & Opportunities
On the restraints side, the market faces challenges such as economic uncertainties, regulatory hurdles, supply-chain disruptions, and competitive pressures — which can affect deployment rates and returns for compressor manufacturers.
Despite these, there are significant opportunities: companies that invest in innovation and differentiate through energy-efficient or renewable-gas-ready compressor designs have a chance to gain competitive advantage. Moreover, expanding natural gas infrastructure in underserved regions presents fresh demand potential.
Top Market Players
According to the report, some of the key players in the global gas compressor market include:
Burckhardt Compression
Ariel
Atlas Copco
Ingersoll Rand
GE
Bauber
HMS Group
CHKZ LLC
Segmentation & Regional Scope
By Type
Centrifugal Type
Reciprocating Type
Screw Type
Other types
By Application
Process Applications
Industrial Applications
Others
By Region
North America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA) / LAMEA
Latin America (LATAM) / Other emerging regions
About the Report
“Global Gas Compressor Market Size, Share and Trends Analysis By Type, By Application, By Region (North America, Europe, Asia Pacific, LAMEA) and Forecasts, 2023-2031” offers a detailed market overview, segment-wise analysis, regional breakdown, competitive landscape, and market dynamics including drivers, restraints, and opportunities.
The global gas compressor market is projected to grow at a compound annual growth rate (CAGR) of 4.6% between 2023 and 2031, according to a new market report published by Reed Intelligence.
Market Size: Base Year & Forecast
Base Year (2023): Market baseline as per the report’s start of forecast period.
Forecast Period (2023–2031): Expected to grow robustly at a CAGR of 4.6%.
Key Highlights
Largest Region: The region with the largest market share is Asia Pacific (APAC), driven by emerging economies, growing energy demand and expanding natural gas infrastructure.
Fastest-Growing Region: APAC also stands out as the fastest-growing region in the forecast period.
Largest Segmentation by Type: Among compressor types, the major type segments include Centrifugal Type, Reciprocating Type, Screw Type and Other types. The report lists these as the primary type categories.
Segmentation by Application: The market is segmented into Process Applications, Industrial Applications, and Others.
Market Dynamics
Drivers
The key driver behind the growth of the global gas compressor market is the rising energy demand and increased natural gas exploration worldwide, which is fueling demand for compressors for gas transmission, processing, and distribution infrastructure.
Furthermore, growing energy-efficiency initiatives and the push toward renewable gas applications offer substantial opportunities. As industries look to improve efficiency and reduce emissions, demand for modern compressors compatible with cleaner energy systems is expected to rise.
For more info -
https://reedintelligence.com/market-analysis/global-gas-compressor-market
Restraints & Opportunities
On the restraints side, the market faces challenges such as economic uncertainties, regulatory hurdles, supply-chain disruptions, and competitive pressures — which can affect deployment rates and returns for compressor manufacturers.
Despite these, there are significant opportunities: companies that invest in innovation and differentiate through energy-efficient or renewable-gas-ready compressor designs have a chance to gain competitive advantage. Moreover, expanding natural gas infrastructure in underserved regions presents fresh demand potential.
Top Market Players
According to the report, some of the key players in the global gas compressor market include:
Burckhardt Compression
Ariel
Atlas Copco
Ingersoll Rand
GE
Bauber
HMS Group
CHKZ LLC
Segmentation & Regional Scope
By Type
Centrifugal Type
Reciprocating Type
Screw Type
Other types
By Application
Process Applications
Industrial Applications
Others
By Region
North America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA) / LAMEA
Latin America (LATAM) / Other emerging regions
About the Report
“Global Gas Compressor Market Size, Share and Trends Analysis By Type, By Application, By Region (North America, Europe, Asia Pacific, LAMEA) and Forecasts, 2023-2031” offers a detailed market overview, segment-wise analysis, regional breakdown, competitive landscape, and market dynamics including drivers, restraints, and opportunities.
Global Gas Compressor Market Poised for Steady Growth Through 2031
The global gas compressor market is projected to grow at a compound annual growth rate (CAGR) of 4.6% between 2023 and 2031, according to a new market report published by Reed Intelligence.
Market Size: Base Year & Forecast
Base Year (2023): Market baseline as per the report’s start of forecast period.
Forecast Period (2023–2031): Expected to grow robustly at a CAGR of 4.6%.
Key Highlights
Largest Region: The region with the largest market share is Asia Pacific (APAC), driven by emerging economies, growing energy demand and expanding natural gas infrastructure.
Fastest-Growing Region: APAC also stands out as the fastest-growing region in the forecast period.
Largest Segmentation by Type: Among compressor types, the major type segments include Centrifugal Type, Reciprocating Type, Screw Type and Other types. The report lists these as the primary type categories.
Segmentation by Application: The market is segmented into Process Applications, Industrial Applications, and Others.
Market Dynamics
Drivers
The key driver behind the growth of the global gas compressor market is the rising energy demand and increased natural gas exploration worldwide, which is fueling demand for compressors for gas transmission, processing, and distribution infrastructure.
Furthermore, growing energy-efficiency initiatives and the push toward renewable gas applications offer substantial opportunities. As industries look to improve efficiency and reduce emissions, demand for modern compressors compatible with cleaner energy systems is expected to rise.
For more info -
https://reedintelligence.com/market-analysis/global-gas-compressor-market
Restraints & Opportunities
On the restraints side, the market faces challenges such as economic uncertainties, regulatory hurdles, supply-chain disruptions, and competitive pressures — which can affect deployment rates and returns for compressor manufacturers.
Despite these, there are significant opportunities: companies that invest in innovation and differentiate through energy-efficient or renewable-gas-ready compressor designs have a chance to gain competitive advantage. Moreover, expanding natural gas infrastructure in underserved regions presents fresh demand potential.
Top Market Players
According to the report, some of the key players in the global gas compressor market include:
Burckhardt Compression
Ariel
Atlas Copco
Ingersoll Rand
GE
Bauber
HMS Group
CHKZ LLC
Segmentation & Regional Scope
By Type
Centrifugal Type
Reciprocating Type
Screw Type
Other types
By Application
Process Applications
Industrial Applications
Others
By Region
North America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA) / LAMEA
Latin America (LATAM) / Other emerging regions
About the Report
“Global Gas Compressor Market Size, Share and Trends Analysis By Type, By Application, By Region (North America, Europe, Asia Pacific, LAMEA) and Forecasts, 2023-2031” offers a detailed market overview, segment-wise analysis, regional breakdown, competitive landscape, and market dynamics including drivers, restraints, and opportunities.
0 Reacties
0 aandelen
88 Views
0 voorbeeld