Global Gas Compressors Market to Reach $9.4 Billion by 2032, Driven by Energy Efficiency and Industrial Demand
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Global gas compressors market was valued at $5.9 billion in 2022, projected to reach $9.4 billion by 2032 with a 4.8% CAGR.
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Energy efficient compressors and rise in demand across industries driving market growth.
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Positive displacement segment dominated with over 60% market share in 2022.
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Asia-Pacific held the largest market share accounting for over 40% of global revenue in 2022.
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Key players include HAUG Sauer Kompressoren, Siemens Energy, Atlas Copco, Ingersoll Rand, Hitachi Ltd among others.