Press release
Key Trends Reshaping the Liquefied Natural Gas Compressor Market: Innovative Technologies Revolutionize The Liquefied Natural Gas Compressor Market Industry Transformation
Liquefied Natural Gas Compressor
Liquefied Natural Gas Compressor Market Size Growth Forecast: What to Expect by 2025?
The market size of the liquefied natural gas compressor has witnessed robust growth in the recent past. It is projected to expand from $4.25 billion in 2024 to $4.48 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 5.5%. The significant growth in the historic period has been primarily driven by rising global demand for LNG, an increased focus on operational efficiency, regulatory and environmental compliance requirements, and successful market penetration globally.
How Will the Liquefied Natural Gas Compressor Market Size Evolve and Grow by 2029?
The market size of the liquefied natural gas compressor is predicted to register a significant increase over the upcoming years. The market is projected to reach a valuation of "$5.6 billion by 2029, expanding at a compound annual growth rate (CAGR) of 5.7%. This growth during the forecasted period is primarily driven by the investments in LNG infrastructure, improvements in operational efficiencies and cost minimization, market proliferation in emerging economies, shift towards more environmentally friendly energy sources, and an increased demand and commerce in LNG. Key trends for the forecast period encompass increased demand and production of LNG, growth in LNG infrastructure, adoption of cleaner energy and energy transition, global market proliferation, and emphasis on operational efficiency.
View the full report here:
https://www.thebusinessresearchcompany.com/report/liquefied-natural-gas-compressor-global-market-report
What Drivers Are Propelling the Growth of Liquefied Natural Gas Compressor Market Forward?
The expansion of the liquefied natural gas compressor market is expected to be driven by the surge in shale reserve-based natural gas production. Shale reserves, a type of sedimentary rock deposit, can be employed for oil and gas generation. The rise in the production of natural gas bolsters the growth of the liquefied natural gas compressor market, given their application in the conversion of natural gas into a liquid state, a key step in its transportation. In April 2024, the Energy Information Administration, a US government agency, disclosed that in 2023, the electric power sector witnessed the most significant surge in natural gas consumption compared to other U.S. economic sectors - an increase of 7% (2.2 Bcf/d), from 33.2 Bcf/d in 2022 to a record-setting 35.4 Bcf/d. Consequently, the boost in shale reserve-based natural gas production is propelling the growth of the liquefied natural gas compressor market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10480&type=smp
Which Emerging Trends Are Transforming the Liquefied Natural Gas Compressor Market in 2025?
In the liquefied natural gas compressor market, technological advancements are being prioritized to improve operational performance. ConocoPhillips, a US-based energy firm, introduced the Traditional OCP Configuration - OCP Pro technology to enhance turndown capabilities and availability, and the OCP Compass variant to reduce equipment count, cut costs, and simplify modularization without compromising on efficiency or emissions.
What Are the Key Segments in the Liquefied Natural Gas Compressor Market?
The liquefied natural gas compressor market covered in this report is segmented -
1) By Design: Vertically-Split Barrel, Horizontally-Split Barrel, Axial Compressors
2) By Application: Low Pressure Application, Medium Pressure Application
3) By End User: Vehicles, Electrical, Industrial, Residential, Other End Users
Subsegments:
1) By Vertically-Split Barrel: Single-Stage Compressors, Multi-Stage Compressors
2) By Horizontally-Split Barrel: Single-Stage Compressors, Multi-Stage Compressors
3) By Axial Compressors: Single-Stage Axial Compressors, Multi-Stage Axial Compressors
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=10480&type=smp
Who Are the Key Players Shaping the Liquefied Natural Gas Compressor Market's Competitive Landscape?
Major companies operating in the liquefied natural gas compressor market include EagleBurgmann, General Electric Company, Siemens AG, Mitsubishi Heavy Industries Ltd., Elliott Group, Kobelco Compressors America Inc., IMW Industries Ltd., Sundyne, IHI Rotating Machinery Engineering Co Ltd., NEUMAN & ESSER GROUP, Atlas Copco AB, Burckhardt Compression AG, MOLGAS ENERGY SAU, Howden Group, Sulzer Ltd., Ariel Corporation, Bauer Compressor Inc., Ingersoll Rand Inc., HYDRAULIC MACHINES & SYSTEMS GROUP PLC. , Clean Energy Fuels Corp, Kobe Steel Ltd., Ebara Corporation, Hitachi Ltd., Gardner Denver Holdings Inc., Sullair LLC, Quincy Compressor LLC, Kaeser Kompressoren SE, Corken Inc., Baker Hughes Company, MAN Energy Solutions SE, Mitsui Seiki Kogyo Co Ltd., Rolls-Royce Holdings plc, Worthington Industries Inc.
What Geographic Markets Are Powering Growth in the Liquefied Natural Gas Compressor Market?
North America was the largest region in the liquefied natural gas compressor market in 2024. The regions covered in the liquefied natural gas compressor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10480
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Key Trends Reshaping the Liquefied Natural Gas Compressor Market: Innovative Technologies Revolutionize The Liquefied Natural Gas Compressor Market Industry Transformation here
News-ID: 4095793 • Views: …
More Releases from The Business Research Company
Seed Treatment Fungicides Market to Grow at 9.3% CAGR, Reaching $3.15 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Seed Treatment Fungicides Market Outlook: How is the Market Expected to Grow by 2025?
Over the past few years, the market for seed treatment fungicides has seen robust growth. Its market value is projected to rise from $2.07 billion in 2024 to $2.21 billion in 2025, signifying a compound annual…
Rheology Modifiers Market Growth to be Driven by Emerging Trends | $10.92 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Rheology Modifiers Industry?
There has been a consistent expansion in the size of the rheology modifiers market in the past few years. The market, which was worth $8.59 billion in 2024, is projected to increase to $8.89 billion in 2025, demonstrating a compound…
Polyurethane Foam Market to Record 8.4% CAGR Growth Through 2029 | Global Analys …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Polyurethane Foam Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the size of the polyurethane foam market has experienced substantial growth. It is projected to increase from a value of $54.27 billion in 2024 to $57.26 billion in 2025, indicating a compound annual growth…
Pharmaceutical Intermediates Market Size to Reach $46.04 Billion by 2029 | Growt …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Pharmaceutical Intermediates Industry?
There has been consistent growth in the market size of pharmaceutical intermediates over the past few years. The market is predicted to increase from a value of $33.37 billion in 2024, up to $34.95 billion in 2025, with a compound…
More Releases for Compressor
Refrigeration Compressor Market Thriving Worldwide: Emerson, GMCC, Huayi Compres …
Latest Study on Industrial Growth of Global Refrigeration Compressor Market 2023-2029. A detailed study accumulated to offer the Latest insights about acute features of the Refrigeration Compressor market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends…
Refrigeration compressor purchase
Refrigeration compressor purchase Compressor selection is the first step in the establishment of a refrigeration system. Choosing a suitable refrigeration compressor can neither have excess power nor insufficient cooling capacity, which can lead to an increase in power consumption. It must be more suitable for the local environment. In this article, the editor will share with you the selection principles of refrigeration compressors.
First: Select the compressor according to the…
Oil Free Compressor Market (Oil-Free Compressor, Oil-Free Air Compressor) Key Pl …
Oil Free Compressor (Oil-Free Compressor, Oil-Free Air Compressor) Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Oil Free Compressor (Oil-Free Compressor, Oil-Free Air Compressor) industry with a focus on the Chinese market. The report provides key statistics on the market status of the Oil Free Compressor (Oil-Free Compressor, Oil-Free Air Compressor) manufacturers and is a valuable source of…
Compressor Valves Market Trends, in-Depth Assessment, New Strategies, Price, Fut …
What is Compressor Valves?
Compressor Valves are the valves used in a compressor to control the flow of fluid in a cylinder. The compressor valves are circular with a series of plates that are placed between valve seat and cover. The compressor valves market is expected to grow due to the revival of stalled infrastructure projects, the demand for eco-friendly products, and technological innovations.
The reports cover key market developments in…
Business Overview: Global Oil Free Compressor (Oil-Free Compressor, Oil-Free Air …
An oil-free compressor is only one of several types of compressors available. It works the same way as a standard air compressor, and may even look very similar on the outside; internally, however, it contains special seals designed to keep the crucial lubricating oil away from the compressed air. The moving parts inside the compressor require lubrication to reduce the friction. Lubrication is essential in adequate amounts, regardless of the…
Compressor Valves Market| key manufacturers- Cook Compression, Burckhardt Compre …
There has been prevalence of compressor valves in the oil and gas industry for its exhaustive applications in upstream, midstream and downstream operations. Given oil and gas industry is the most sought after primary source of energy, demand for compressor valves has surged. In addition, a significant demand for better wastewater management facilities is anticipated to favorably influence the market for compressor valves.
Get free Sample Copy @ https://www.mrrse.com/sample/17813
Small and medium-sized…
