slide 1: Compressor Market
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Compressor Market
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Global Compressor market is expected to reach 45.7 billion by 2023. The rising demand for energy
efficient systems rapid industrialization and growing automotive industry in developing countries such
as China and India some of the major factors pushing the market growth.
Based on compressor type the market is categorized into positive displacement and dynamic
compressors. Positive displacement category held a larger market share in 2017. This is ascribed to its
widespread adoption across small and medium scale industries.
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On the basis of application the compressor market is segmented into construction power industrial
manufacturing HVAC-R chemical and cement oil and gas automotive food and beverage textile and
others wherein ‘others’ include healthcare agriculture and research.
APAC is expected to be the fastest growing market during the forecast period due to increasing
government support in the region. Growing infrastructure development and rapid industrialization in
countries such as India China and South Korea would support market growth in the forecast period.
The dynamic compressor type is further segmented into centrifugal and axial compressors. APAC was the
largest market for centrifugal compressors followed by Europe and North America in 2017. In APAC China
registered highest number of sales for these compressors constituting a share of more than 60 in 2017.
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Some of the major players in the global compressor market include Gardner Denver Inc. Ingersoll-
Rand PLC Kaeser Compressors Inc. Ingersoll-Rand plc Mitsubishi Heavy Industries Ltd Atlas Copco AB
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Compressor Market
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Kobe Steel Ltd. ANEST IWATA Corporation Zhe Jiang Hongwuhuan Machinery Co. Ltd MAHLE GmbH
Sanden Holdings Corporation Valeo SA Hanson Systems Toyota Industries Corporation.
Global Compressor Market Segmentation
Market Segmentation by Type
• Positive Displacement
o Reciprocating
▪ In-line
▪ “V” shaped
▪ Tandem piston
▪ Single-acting
▪ Double-acting
▪ Diaphragm
o Rotary
▪ Screw
▪ Vane
▪ Lobe and scroll
• Dynamic
o Centrifugal
o Axial flow
Market Segmentation by Lubrication Type
• Oil-free
• Oil-flooded
Market Segmentation by Portability
• Portable
• Stationary
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Compressor Market
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