Compressor Market Poised to Hit $86.53 Billion by 2031 | Atlas Copco, Ingersoll Rand, Siemens

Compressor Market Summary -

According to QYResearch New Study Report 'Compressor Market 2025' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The correct methodology and staff will be matched to the company need through marketing reports, which may involve survey work, in-depth interviews, or a combination of methodologies. also qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Compressor market. We have also focused on SWOT, PESTLE, and Porter's Five Forces analyses of the global Compressor market.

The global Compressor market was valued at US$ 65.16 billion in 2024 and is anticipated to reach US$ 86.53 billion by 2031, witnessing a CAGR of 4.3% during the forecast period 2025-2031.

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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, etc.

The compressor market encompasses several major product categories, including Geared Compressors, Axial Compressors, Barrel Compressors, Reciprocating Compressors, Screw Compressors, and other specialized types. Among these, screw compressors represent the most prominent segment, accounting for approximately 21.6% of the global market share. Their popularity stems from their compact design, operational reliability, continuous compression capability, and low maintenance requirements. As industries move toward higher efficiency and automated production systems, screw compressors have found extensive adoption in diverse applications.

In terms of end-use sectors, compressors are widely utilized across industrial manufacturing, oil and gas, automotive production, HVAC (Heating, Ventilation, and Air Conditioning) systems, and refrigeration. The oil and gas sector remains the dominant application market, contributing to around 37.5% of global demand. Compressors are critical for processes such as natural gas treatment, transmission, storage, and petrochemical refining. With the global energy transition emphasizing cleaner fuels like natural gas, the demand for high-performance compressors in the oil and gas sector continues to expand, driving broader growth across the compressor industry.

Regionally, the Asia-Pacific market has emerged as the largest global consumer of compressors, contributing an estimated 70% of total revenue. Rapid industrialization, urbanization, and energy infrastructure development in countries such as China, India, Japan, and South Korea have significantly fueled the demand for advanced compressor systems. Additionally, supportive government policies promoting industrial energy efficiency and low-carbon technologies have further accelerated market growth. In China, for example, the "Dual Carbon" (carbon peak and carbon neutrality) strategy has led many industrial players to upgrade legacy systems with energy-efficient compressors.

Several major trends are driving growth in the global compressor market. The increasing emphasis on energy efficiency and sustainability is prompting industries to adopt compressors that consume less power while maintaining high output performance. Industrial automation and the rise of smart manufacturing have led to increased demand for compressors with enhanced digital control, fault detection, and predictive maintenance capabilities. Moreover, the continued development of oil and gas infrastructure, particularly in emerging markets and resource-rich regions like the Middle East, supports consistent investment in high-capacity compression systems.

Despite these favorable dynamics, the compressor industry is also confronted with several challenges. The production of high-end compressors involves complex engineering, precise manufacturing techniques, and the use of advanced materials-all of which require significant R&D investment and technical expertise. As a result, market entry remains limited for new or low-capacity players. In addition, fluctuations in global raw material prices, tightening environmental regulations, and supply chain disruptions can adversely affect production costs and operational stability. In developing regions, the lack of robust manufacturing capabilities and insufficient technical standards may also hinder market penetration of advanced compressor technologies.

Looking forward, the compressor industry is poised to undergo transformative change. Innovation will play a key role, particularly in enhancing the efficiency, reliability, and intelligence of compression systems. The integration of IoT-enabled monitoring, cloud-based diagnostics, and AI-driven analytics will redefine how compressors are maintained and operated. Predictive maintenance will reduce downtime, optimize performance, and extend the lifecycle of compressor units. Simultaneously, manufacturers are placing greater emphasis on sustainable production practices, utilizing eco-friendly refrigerants, recyclable materials, and energy-saving designs to align with global decarbonization goals.

Overall, compressors will remain a cornerstone of industrial infrastructure, supporting critical functions in both mature and emerging economies. The combination of rising environmental awareness, evolving industrial needs, and digital transformation will create significant opportunities for growth. As the global economy shifts toward cleaner and smarter technologies, the compressor market is well-positioned to play a pivotal role in shaping the next era of industrial innovation.

This report aims to provide a comprehensive presentation of the global market for Compressor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Compressor.

Top Market Players

According to the QY Research report, leading global companies in the Compressor market include:

Atlas Copco
Ingersoll Rand
Siemens
Kaeser Compressors
Boge Compressors
Doosan Portable Power
ELGi Equipments
Hitachi
Hertz Kompressoren
Kobelco Compressors
Anest Iwata
Howden Group (Chart Industries)
Elliott Company
Baker Hughes
Kawasaki Heavy Industry
MAN Energy Solutions
Mitsubishi Heavy Industries
Kaishan Group
Burckhardt Compression
Xi'an Shaangu Power
Ariel
Copeland
GMCC
Huayi Compressor
Donper
Landa
Embraco
Panasonic
Secop
LG
Johnson Controls-Hitachi
Qianjiang Compressor
Shanghai Highly
Bitzer
Tecumseh
Samsung
Mitsubishi Electric
RECHI Group
Daikin
GEA

Companies are selected based on parameters such as: -

> Revenue generation
> Manufacturing facilities
> R&D investments
> Market share and innovation pipeline
> Geographical presence

Market Drivers and Barriers:-

Compressor market drivers include a few key factors include growing consumer demand for the product, successful marketing tactics in new states, and large investments in product development. Easy access to competitors is one of the main issues facing the Compressor business. Another hurdle to the Compressor market is the low cost of substitutes. Businesses think they can get past this barrier, though, by controlling prices and introducing chemicals, specialty chemicals, polymers, metals, ceramics, composites, and advanced materials sector, which will increase consumer demand for their products. Furthermore, in order to minimise dangers, modify their plans, and continue operating, market participants must face substantial challenges. Consequently, companies will be able to effectively allocate their resources without compromising timely market supply or product quality.

Global Compressor Market Trends:

Compressor The pre- and post-period regulatory situation plays an important role in shaping market dynamics. As governments introduce and refine regulations governing the production, distribution, and sale of Compressor products, businesses must navigate complex compliance requirements to ensure lawful operations. Regulatory clarity and consistency are key factors that positively impact markets, providing certainty for businesses and giving people confidence in product safety and quality standards. Additionally, regulatory developments such as the approval of Compressor chemical and material products and the establishment Compressor of cultivation programs are opening up new opportunities for market expansion while setting standards for best practices in the industry.

Detailed of Compressor Market Segmentation: -

Our market analysts are experts in deeply segmenting the global Compressor market and thoroughly evaluating the growth potential of each and every segment studied in the report. Right at the beginning of the research study, the segments are compared on the basis of consumption and growth rate for a review period of nine years. The segmentation study included in the report offers a brilliant analysis of the global Compressor market, taking into consideration the market potential of different segments studied. It assists market participants to focus on high-growth areas of the global Compressor market and plan powerful business tactics to secure a position of strength in the industry.

Segmentation By Type :-

Geared Compressors
Axial Compressors
Barrel Compressors
Reciprocating Compressors
Screw Compressors
Others

Segmentation By Application : -

Industrial
Oil & Gas
Automotive
HVAC Systems
Refrigeration Appliances
Others

Regional Insights -

The report gives a broad explanation about the presence of the Compressor market in different regions and countries. With an extensive regional analysis of the Compressor market, the research analysts make an attempt to unveil hidden growth prospects available for players in different parts of the world. They accurately estimate market share, CAGR, production, consumption, price, revenue, and other crucial factors that indicate the growth of regional markets studied in the report. They also shed light on the presence of prominent players in regional markets, and how it is making a difference in the growth of the regional markets.

By Region

United States

Canada
Mexico
Brazil
China

APAC

Japan
South Korea
China
ASEAN
India

EMEA

Europe
Middle East
Africa

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Key Features Of The Study:-

ᗒ This report provides in-depth analysis of the global Compressor market, and provides market size (us$ million) and cagr for the forecast period (205-2031), considering 2023 as the base year.

ᗒ This report profiles key players in the global Compressor market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Compressor sales data, market share and ranking.

ᗒ This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

ᗒ This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

ᗒ The global Compressor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Important questions answered in the report includes of:

ᗒ How will the market for the Compressor Market industry grow in 2025?

ᗒ Which well-known major companies will drive the market's growth?

ᗒ Which size of business held the biggest market share for data centre?

ᗒ What is the market's Compound Annual Growth Rate (CAGR) for the 2025-2031 forecast period?

ᗒ What is the primary factor driving the market's expansion?

ᗒ In the market, which region held the highest market share?

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