Global Gas Compressors Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Positive Displacemen, Dynamic Displacement and Lithium-based Battery.,

By End-User Industries;

Oil and Gas, Power Sector, Petrochemical & Chemical Industries and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn817297861 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Gas Compressors Market (USD Million), 2021 - 2031

In the year 2024, the Global Gas Compressors Market was valued at USD 5,336.94 million. The size of this market is expected to increase to USD 6,929.05 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.8%.

The global gas compressors market plays a critical role in various industries, including oil and gas, manufacturing, power generation, and petrochemicals, by enabling the compression of natural gas, air, and other gases for transportation, processing, and storage purposes. Gas compressors are essential equipment used to increase the pressure of gas to facilitate its movement through pipelines, enhance extraction efficiency, and support various industrial processes. As the demand for energy continues to rise globally, particularly in emerging economies, the need for efficient gas compression solutions is becoming increasingly paramount to meet growing energy demands and ensure reliable gas supply infrastructure.

One of the key drivers propelling the growth of the global gas compressors market is the expanding oil and gas exploration and production activities worldwide. With the exploration and development of unconventional oil and gas reserves, such as shale gas and tight oil, gaining momentum, there is a growing requirement for gas compressors to facilitate the extraction, processing, and transportation of natural gas from these challenging reservoirs. Additionally, the increasing adoption of liquefied natural gas (LNG) as a cleaner alternative to traditional fossil fuels has further boosted the demand for gas compressors, as LNG facilities require robust compression infrastructure to liquefy natural gas for storage and transportation.

Stringent environmental regulations aimed at reducing greenhouse gas emissions and promoting cleaner energy sources are driving the adoption of gas compressors in renewable energy applications. Gas compressors are integral components of biogas plants, landfill gas recovery systems, and other renewable energy projects, where they are used to compress and transport biogas or other renewable gases for power generation or injection into the natural gas grid. The shift towards renewable energy sources and the growing focus on sustainability are expected to create lucrative opportunities for gas compressor manufacturers, particularly those offering energy-efficient and environmentally friendly solutions tailored to the needs of the renewable energy sector.

  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 End-User Industries
    3. Market Snapshot, By Region
  4. Global Gas Compressors Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand from Oil and Gas Industry
        2. Rising Adoption of LNG as a Fuel
        3. Expansion of the Chemical and Petrochemical Sector
        4. Infrastructure Development in Developing Countries
        5. Focus on Energy Efficiency and Emission Reduction
      2. Restraints
        1. High Initial Investment Cost
        2. Technical Complexity and Maintenance Challenges
        3. Volatility in Oil and Gas Prices
        4. Impact of COVID-19 Pandemic
        5. Environmental Concerns and Regulatory Compliance
      3. Opportunities
        1. Growth in Renewable Energy Sector
        2. Expansion of Natural Gas Infrastructure
        3. Technological Advancements in Compression Technology
        4. Emerging Applications in Healthcare and Food Processing
        5. Focus on Aftermarket Services
    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 Gas Compressors Market, By Type, 2021 - 2031 (USD Million)
      1. Positive Displacemen
      2. Dynamic Displacement
      3. Lithium-based Battery
    2. Global Gas Compressors Market, By End-User Industries, 2021 - 2031 (USD Million)
      1. Oil and Gas
      2. Power Sector
      3. Petrochemical and Chemical Industries
      4. Others
    3. Global Gas Compressors 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 (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Ariel Corporation
      2. Atlas Copco AB
      3. Bauer Compressors Inc
      4. Burckhardt Compression Holding AG
      5. Gardner Denver Inc
      6. General Electric Company
      7. HMS Group
      8. Howden Group Ltd
      9. Ingersoll Rand PLC
      10. Siemens AG
  7. Analyst Views
  8. Future Outlook of the Market