Segmentation, Major Trends, and Competitive Overview of the Compressors Market

The compressors market is steadily evolving, driven by technological advancements and growing industrial demands. With increasing emphasis on sustainability and energy efficiency, this sector is poised for significant expansion. Let's explore the market's size projections, key players, emerging trends, and segmentation to understand its current position and future outlook.

Projected Market Value and Growth Trajectory in the Compressors Market
The compressors industry is anticipated to expand consistently over the coming years, reaching a market value of $129.3 billion by 2030. This growth corresponds to a compound annual growth rate (CAGR) of 3.0%. Several factors contribute to this upward trend, including increased investments in the hydrogen economy, stricter energy efficiency regulations, the rise of smart industrial facilities, wider adoption of digital maintenance tools, and a growing preference for low-emission compressor technologies. Significant trends in the forecast period include the shift towards energy-efficient compressors, a surge in demand for oil-free technologies, expanded applications in hydrogen and gas sectors, development of advanced smart monitoring systems, and improvements in operational reliability.

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Leading Corporations Driving the Compressors Market Forward
The compressors market features a strong lineup of prominent companies, such as Atlas Copco AB, Ingersoll Rand Inc., Mitsubishi Heavy Industries Ltd., Siemens Energy AG, Baker Hughes Company, Hitachi Ltd., and Burckhardt Compression Holding AG. Other key players include ELGi Equipments Ltd., Ariel Corporation, Kobe Steel Ltd., Kaeser Kompressoren, Gardner Denver Inc., Howden Compressors, Aerzen, Anest Iwata Corporation, ABAC Air Compressors, Ceccato Aria Compressa S.p.A, Kaishan Group, Sauer Compressors, Rotair S.p.A, Ing. Enea Mattei S.p.A, Flowserve Corporation, General Electric Company, and Accudyne Industries LLC.

Significant Acquisition to Expand Market Presence
In June 2025, Atlas Copco Group, a leading industrial manufacturing firm based in Sweden, acquired Kyungwon Machinery Industry Co. Ltd. This strategic move aims to boost Atlas Copco's product portfolio in the industrial air compressor segment, enhance its technological capabilities, and strengthen its presence in the Asian compressor market. Kyungwon Machinery Industry, headquartered in South Korea, specializes in manufacturing various air compressors including oil-injected and oil-free screw air compressors, as well as oil-free scroll air compressors.

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Innovations and Technological Advances Shaping the Compressors Industry
Top companies in the compressors space are introducing advanced models such as the GA+ and GA next-generation fixed-speed smart industrial air compressors to enhance their market share. These compressors are designed to deliver better performance, energy efficiency, reliability, and connectivity for mid-sized industrial applications. For example, in February 2023, Sweden-based Atlas Copco launched its next-generation GA and GA+ smart compressors, featuring a Smart Unload algorithm that monitors pressure in real-time to optimize unloading timing, resulting in considerable energy savings. These models also provide increased air output at reduced energy consumption compared to earlier versions and include a novel hybrid bearing that extends drivetrain life by 33%.

Segment Breakdown and Market Forecast in the Global Compressors Industry
The compressors market is categorized into several segments for detailed analysis:
1) By Type: Air Compressors and Gas Compressors
2) By Compressor Type: Positive Displacement and Dynamic Compressors
3) By Power Rating: 0-100 kW, 101-300 kW, 301-500 kW, and Above 500 kW
4) By Application: Industrial Manufacturing, Oil and Gas, Automotive, HVAC-R, Food and Beverage, Power, Construction, Chemical and Cement, Textile sectors

Further sub-segmentation includes:
- Air Compressors: Reciprocating, Rotary Screw, Centrifugal, Portable, and Oil-Free variants
- Gas Compressors: Natural Gas, Process Gas, Hydrogen, Helium, and Ammonia compressors

This detailed segmentation offers insights into the diverse range of compressors and highlights their broad applicability across multiple industries.

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This release was published on openPR.