Global Compressor Parts and Accessories Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type ;

Reciprocating compressors, Ionic liquid piston compressor, Rotary screw compressors, Rotary vane compressors, Rolling piston, Scroll compressors, Diaphragm compressors, Air bubble compressor, Centrifugal compressors and Diagonal or mixed-flow compressors.

By Application ;

Industrial, Commercial, and Residential.

By Industry ;

Oil &Gas, Food & Beverages, Energy, IT &Telecommunication, Aerospace & Defense, Electronics & Consumer Goods , Chemicals and Automotive.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn251407029 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Compressor Parts and Accessories Market (USD Million), 2021 - 2031

In the year 2024, the Global Compressor Parts and Accessories Market was valued at USD 10513.43 million. The size of this market is expected to increase to USD 14793.45 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The global compressor parts and accessories market serves as a vital component within the broader industrial landscape, ensuring the continued functionality and efficiency of compressors across various sectors. Compressors, essential for generating and maintaining pressurized air or gas, find ubiquitous application in industries such as manufacturing, construction, energy, and transportation. As indispensable machinery, compressors require regular maintenance and occasional replacement of parts and accessories to sustain optimal performance. Thus, the compressor parts and accessories market plays a crucial role in supporting the ongoing operations of numerous industrial processes worldwide.

Driven by the expanding industrial infrastructure and the widespread adoption of compressed air systems, the demand for compressor parts and accessories continues to escalate. With industrialization and infrastructure development projects proliferating globally, there is a corresponding increase in the installation and utilization of compressors across diverse applications. This surge in demand translates to a growing need for spare parts, consumables, and accessories to maintain and service existing compressor fleets, thus propelling the growth of the market.

The rising trend towards preventive maintenance practices among industries further fuels the demand for compressor parts and accessories. Preventive maintenance, aimed at minimizing downtime and optimizing equipment performance, entails regular inspection, servicing, and replacement of worn-out components. Consequently, this proactive approach necessitates a steady supply of replacement parts and consumables, creating a lucrative market opportunity for manufacturers and distributors of compressor parts and accessories.

Technological advancements in compressor design also contribute significantly to market growth. Continuous innovation leads to the development of more efficient, reliable, and durable compressors, often requiring compatible parts and accessories to maximize their performance. As manufacturers strive to meet the evolving needs of industries for energy-efficient solutions, the demand for specialized compressor parts and accessories tailored to modern compressor designs is expected to surge, driving further market expansion. Overall, the global compressor parts and accessories market stands poised for sustained growth, driven by the ongoing industrialization, the adoption of preventive maintenance practices, and technological advancements in compressor design, offering ample opportunities for market players to thrive and innovate.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, by Type
    2. Market Snapshot, By Application
    3. Market Snapshot, by Industry
    4. Market Snapshot, By Region
  4. Global Compressor Parts and Accessories Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Replacement Parts
        2. Expansion of Industrial Infrastructure
        3. Rising Adoption of Preventive Maintenance
      2. Restraints
        1. High Cost of Genuine OEM Parts
        2. Availability of Counterfeit Parts
        3. Complexity in Parts Sourcing and Compatibility
      3. Opportunities
        1. Rising Demand for Online Sales Channels
        2. Focus on Aftermarket Services
        3. Development of Customized Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Compressor Parts and Accessories Market, by Type , 2021- 2031(USD Million)
      1. Reciprocating compressors
      2. Ionic liquid piston compressor
      3. Rotary screw compressors
      4. Rotary vane compressors
      5. Rolling piston
      6. Scroll compressors
      7. Diaphragm compressors
      8. Air bubble compressor
      9. Centrifugal compressors
      10. Diagonal or mixed-flow compressors
    2. Global Compressor Parts and Accessories Market, By Application , 2021- 2031(USD Million)
      1. Industrial
      2. Commercial
      3. Residential
    3. Global Compressor Parts and Accessories Market, by Industry , 2021- 2031(USD Million)
      1. Oil &Gas
      2. Food & Beverages
      3. Energy
      4. IT &Telecommunication
      5. Aerospace & Defense
      6. Electronics & Consumer Goods
      7. Chemicals
      8. Automotive
    4. Global Compressor Parts and Accessories Market, By Geography, 2021- 2031(USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. Atlas Copco
      2. Makita Corporation
      3. DeWalt
      4. Milwaukee Electric Tool Corporation
      5. Pulford Air & Gas Pty Ltd
      6. Hankison International, Inc
  7. Analyst Views
  8. Future Outlook of the Market