Booster Compressor Market Size Was Valued at USD 2.27 Billion in 2023, and is Projected to Reach USD 3.22 Billion by 2032, Growing at a CAGR of 3.96% From 2024-2032.
booster compressor is the equipment used to provide high pressure for a shorter period owing to the requirement of high pressure from various industrial operations. Booster compressor finds its application across various end-use industries such as in building & construction, power generation, automotive, oil & gas and others.
Significant development of the end-use industries such as oil & gas, mining, manufacturing, construction, automotive, and others, is fueling the growth of the booster compressor market. In addition, increase in demand for booster compressor for industrial testing is driving the growth of the market, globally. However, implementation of stringent government regulations toward environmental pollution from combustion engine-based booster compressor and rapid development of the electric vehicle sector are the key factors hampering the growth of the global market in the upcoming years.
Key Prominent Players In The Booster Compressor Market:
- Gardner Denver (US)
- Ingersoll Rand (US)
- Kaeser Compressors (US)
- Sullair (US)
- Atlas Copco(Sweden)
- Kaeser Kompressoren (Germany)
- Boge Kompressoren (Germany)
- Almig Kompressoren (Germany)
- CompAir (UK)
- Ingersoll Rand (Ireland)
- Fusheng (China)
- Qinhuangdao Yongjie Compressor (China)
- Shanghai Lingke Compressor (China)
- Shenyang Yuanda Compressor (China)
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Global Booster Compressor Market Segmentation:
By Cooling Type
- Air-cooled
- Water-cooled
By Compression Stage
- Single stage
- Double-stage
- Multistage
By Pressure
- 14–40 bar
- 41–100 bar
- 101–350 bar
- Above 351 bars
By Power Source
- Electric
- Combustion Engine
By End Users
- Oil & Gas
- Process Industry
- Chemical & Petrochemical
- Power Generation
Geographic Segment Covered in the Report:
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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This study conducts a SWOT analysis to evaluate the strengths and weaknesses of key players in the Booster Compressor market. Additionally, the report performs a complex inspection of drivers and restraints operating in the market. The report also evaluates the observed trends in the parent market along with macroeconomic indicators, dominant factors and market attractiveness in relation to other segments. The report forecasts the impact of various industry aspects on the Booster Compressor market segments and regions.
Key Industry Developments in the Booster Compressor Market
Increasing Industrialization: The expansion of manufacturing and processing industries has fueled the demand for booster compressors to enhance production efficiency and product quality.
Oil and Gas Sector Growth: The booming oil and gas industry has been a major driver, with booster compressors used in applications like pipeline boosting, gas compression, and well servicing.
Technological Advancements: Continuous innovation in compressor design and materials has led to improved performance, energy efficiency, and reliability.
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