#Compressor Market Share

[researchrealmblog]

Middle East and Africa (MEA) To Observe Explosive Growth of Compressor Market During 2020-2030

Valued at $39.9 billion in 2019, the global compressor market is predicted to generate $48.5 billion revenue in 2030. Furthermore, as per the forecast of P&S Intelligence, a market research firm, the market would advance at a CAGR of 3.1% from 2020 to 2030. The prominent factors driving the progress of the market are the increasing number of food processing companies in several countries, thriving automotive industry, and the growing preference for screw compressors over piston compressors in industries.

Compressors are extensively used in the automotive industry in various applications such as car painting, tire inflation, engine construction, and air conditioning systems. As a result, the boom of the automotive industry, especially in the Asia-Pacific (APAC) region, on account of the growing disposable income of people, rapid technological advancements, and ballooning requirement for electric cars, is causing a sharp surge in the sales of compressors. As per reports, over 2.1 million electric cars were sold globally in 2019.

Electric cars accounted for 2.6% of the total number of cars sold across the world in 2019 and registered as much as 40% Y-o-Y (year-on-year) growth in sales from 2018. Besides this, the surging sales of heating, ventilation, and air conditioning (HVAC) systems is also propelling the growth of the compressor market. The sales of these systems are being driven by the increasing construction of commercial and residential buildings and the rapid development of various energy-efficient systems.

Apart from being heavily used in the automotive industry and HVAC systems, compressors are also being extensively used in gas pipelines for maintaining the required pressure and flow. As a result, the growth of the gas pipeline network in various geographical regions, because of the rising requirement for natural gas in domestic settings, soaring population, and increasing industrialization and urbanization, is positively impacting the sales of compressors across the globe.

For example, in 2017, Gazprom developed 121 gas pipelines over an area of 1,148 miles in as many as 32 constituent entities of the Russian Federation. Furthermore, GAIL (India) Limited announced in 2018 that it intends to construct 3,418 miles of new gas pipelines over the next three years. This construction of new pipelines would help the company expand its gas pipeline network. With the expansion of so many pipelines, the demand for compressors would shoot-up in the coming years.

Depending on portability, the compressor market is bifurcated into stationary and portable compressors. Between these, the stationary bifurcation recorded higher revenue growth in the market during 2014—2019. Moreover, this bifurcation would dominate the market in the future years, on account of the rising popularity of stationary compressors across the world. Stationary compressors have greater storage capacities and are more powerful than the portable variants. As a result, they are more widely preferred over portable compressors in various industries.

Globally, the compressor market is predicted to exhibit the fastest growth in the Middle East and Africa (MEA) region in the upcoming years, mainly because of the soaring investments being made in the development of manufacturing facilities and the ballooning production of processed foods in the region. In addition to this, the increasing manufacturing of automobiles in the regional countries such as Egypt, Algeria, Tunisia, and Morocco is further boosting the growth of the market in this region.

Thus, it can be said with full conviction that the market would boom all over the world in the future years, primarily due to the rapid growth of the automotive and oil and gas industries and the extensive usage of compressors in various applications in these industries.

Source: P&S Intelligence

[marketsndata]

[marketsreport]

The global air compressor market size reached US$ 18.5 billion in 2023. Looking ahead, IMARC Group anticipates the market to grow to US$ 25.0 billion by 2032, with a compound annual growth rate (CAGR) of 3.3% from 2024 to 2032. Key factors driving market growth include increasing industrial applications, a focus on energy efficiency, the rising adoption of automation and pneumatic systems, and significant advancements in IoT and smart technologies.

[automotivetransportationresearch]

Automotive E-Compressor Market: Exploring Market Size and Share Trends

The automotive e-compressor market is projected to reach USD 18.9 billion by 2033, from an estimated USD 6.6 billion in 2024, at a CAGR of 12.5% in the forecast period. The increasing adoption of electric vehicles (EVs) worldwide along with expansion of charging infrastructure for electric vehicles is accelerating the adoption of electric compressors. As governments and private companies invest…

[aimarketresearch]

Compressor Oil Market Size, Share, Trends, Global Demand, Growth and Opportunity Analysis

Global Compressor Oil Market study by Data Bridge Market Research provides details about the market dynamics affecting this market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years.

Compressor Oil Market report provides top to bottom assessment of the market with respect to income and developing business sector. The report encompasses several market dynamics while also evaluating the growth rate and the market value based on market dynamics and growth inducing factors. The industry analysis report is mainly explored under four major areas which are market definition, market segmentation, competitive analysis and research methodology. Compressor Oil Market business report also covers strategic profiling of the major players in the market, comprehensive analysis of their fundamental competencies, and thereby keeping competitive landscape of the market in front of the client.

Access Full 350 Pages PDF Report @

The compressor oil market is expected to witness market growth at a rate of 3.8% in the forecast period of 2021 to 2028. Data Bridge Market Research report on compressor oil market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increasing use of machinery in various industries is escalating the growth of the compressor oil market.

Highlights of TOC:

Chapter 1: Market overview

Chapter 2: Global Compressor Oil Market

Chapter 3: Regional analysis of the Global Compressor Oil Market industry

Chapter 4: Compressor Oil Market segmentation based on types and applications

Chapter 5: Revenue analysis based on types and applications

Chapter 6: Market share

Chapter 7: Competitive Landscape

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

Chapter 9: Gross Margin and Price Analysis

Key takeaways from the Compressor Oil Market report:

Detailed considerate of Compressor Oil Market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.

Comprehensive valuation of all prospects and threat in the

In depth study of industry strategies for growth of the Compressor Oil Market-leading players.

Compressor Oil Market latest innovations and major procedures.

Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.

Conclusive study about the growth conspiracy of Compressor Oil Market for forthcoming years.

The major players covered in compressor oil market report are Shell, Exxon Mobil Corporation, BP p.l.c., Chevron Corporation, Total, China Petrochemical Corporation, LUKOIL, Indian Oil Corporation Ltd, FUCHS, Idemitsu Kosan Co. Ltd., Petroliam Nasional Berhad (PETRONAS) (20076-K), Dow, Croda International Plc, SASOL, Phillips 66 Company, Calumet Branded Products, LLC, Morris Lubricants, Penrite Oil, Valvoline LLC, LIQUI MOLY GmbH, Bharat Petroleum Corporation Limited, Amalie Oil Company among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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[medicaldevicesindustrynews]

Compressor Rental Market was Led by the Rotary Screw Category

The compressor rental market revenue was USD 5,104.2 million in 2023, which will reach USD 7,439.6 million by 2030, powering at a rate of 5.7% in the years to come. This development is because of the extensive application of compressors in numerous industries, for example automotive, aerospace manufacturing, and construction. There is an increasing requirement for customized rental solutions, as…

[researchrealmblog]

Types and Applications of Air Compressors

An air compressor transforms power also known as pneumatic device (from diesel engine, electric motor, another engine, etc.) into potential energy stored in pressured air. By 2030, it is predicted that the air compressor industry would be worth $45,888.0 million.

The increased need for environmentally friendly air compressors throughout the world, the availability of cutting-edge manufacturing facilities, growing industrialization, and technical breakthroughs will all play a significant role in this.

Rotary Screw Compressors

Rotary screw air compressors are frequently big, industrial-sized devices that may either run on oil or without oil for lubrication.

Moreover, two internal, counter-rotating rotors in rotary screw air compressors provide energy. A pressure buildup occurs inside the housing as a result of the air becoming trapped among the two opposing rotors. These air compressors, which have a power range of 5 to 350 horsepower, are made for continuous usage thanks to their inbuilt cooling system.

Reciprocating Compressor

The reciprocating compressor is another popular type of displacement compressors. These are often seen at smaller building sites, including garages and residential homes. Such compressors are not intended for continuous usage, in contrast to the rotary screw compressor.

Further, the moving components of a reciprocating air compressor are more numerous than those in a rotary screw compressor, and they are maintained with oil to ensure smoother operation.

These air compressors function by compressing and displacing the air inside a cylinder to increase pressure. The pressure ranges that reciprocating compressors may reach might be single- or multi-stage variations.

Centrifugal Compressors

To create potential energy, centrifugal air compressors delay and cool the incoming air as it passes through a diffuser. Centrifugal compressors can generate a large quantity of energy in a comparatively compact machine because of the multi-phase compression process.

They need less care than reciprocating or rotary screw compressors, and certain varieties may create air without oil. Since they have a maximum horsepower of 1,000, they are often employed for more difficult building sites like chemical factories or steel manufacturing facilities.

What Are The Applications of Air Compressor?

Air compressors can be used for a variety of tasks, such as providing high-pressure, clean air to fill gas cylinders, clean air to a submerged surface supplied diver, moderate-pressure, and moderate-pressure, clean air to drive some pneumatic HVAC control system valves in office and educational buildings.

It is providing a significant quantity of moderately pressured air to fuel pneumatic equipment like jackhammers, fill HPA tanks, fill tires, and generate significant amounts of moderately pressured air for significant amounts of industrial operations.

In addition, air compressors are frequently used in drilling, mining, and the oil

and gas industries to aerate drilling fluids, flush out pipelines, and flush out flushing medium.

Most air compressors are either rotary vane, rotary screw, or reciprocating piston types. While reciprocating, rotary screws and scroll air compressors are preferred for small and medium-sized applications, centrifugal compressors are frequently used in very large applications.

Source: P&S Intelligence

[worldwideanalysis]

Surging Sales of Automobiles Driving Indian Compressor Market Growth

The Indian compressor market was valued at $1,943.4 million in 2019, and it is predicted to generate a revenue of $2,891.9 million by 2030. According to the estimates of the market research company, P&S Intelligence, the market will progress at a CAGR of 6.2% from 2020 to 2030. The expansion of the automotive industry is one of the major factors fueling the growth of the market. According to the India Brand Equity Foundation (IBEF), the automotive industry in India will generate a revenue of Rs. 16.16-18.18 trillion (US$ 251.4-282.8 billion) by 2026.

Additionally, the boom in the manufacturing sector, on account of the enactment of favorable government policies, is also predicted to propel the advancement of the market in the coming years. Besides, the inflow of huge foreign direct investments (FDI) is also driving the growth of the manufacturing sector in the country. Owing to these factors, the manufacturing sector in the country will attain a value of $1 trillion by 2025, as per various estimates. In this industry, industrial air compressors are extensively used for tool stamping, powering, and clamping.

For example, the government announced a reduction in the income tax rate to as much as 25% for all organizations having a turnover of up to $38.75 million, under the 2018–2019 Union Budget. Depending on type, the Indian compressor market is divided into rotary and positive displacement categories. Of these, the positive displacement category contributed higher revenue to the market in 2019. Moreover, this category is expected to hold the largest share in the market throughout the forecast period.

This is credited to the surging requirement for these compressors in various industries, such as semiconductor, chemical, stee, and automotive. In addition, these compressors are equipped with various features, such as better rotor profiles, and they are available in innovative designs, which is further boosting their popularity in the country. When lubrication type is taken into consideration, the market is categorized into oil-free and oil-flooded. Of these, the oil-flooded category dominated the market in 2019.

This was because of the less maintenance requirements and low initial cost of these compressors in comparison to the oil-free ones. The northern region dominated the Indian compressor market in 2019, and this trend is predicted to continue in the forthcoming years as well. This is ascribed to the expansion of the industrial manufacturing and automotive sectors in the region. Furthermore, the National Capital Region (NCR), which is situated in the northern part of the country, witnesses the large-scale usage of compressors, on account of the high automobile production and industrial growth. The region manufactures more than 30% of passenger cars and over 50% of two-wheelers in the country every year.

Hence, it is safe to say that the market will boom in the coming years, mainly because of the surge in the manufacturing and automotive sectors, owing to the implementation of favorable government policies in the country.

[vynzresearchreport]

Global Bus Compressor Market — Growth, Trends, COVID-19 Impact, and Forecasts (2022–2027)

The global bus compressor market is projected to reach USD 206.2 billion by 2027, growing at a CAGR of 3.81% from 2021 to 2027. The market is being driven by the increasing demand for fuel-efficient, environmentally friendly solutions and vehicle comfort among passengers, as well as the growing demand for air conditioning systems in buses.

Bus compressors are pneumatic devices that transfer power into potential energy stored in pressurized air. They are used in buses to provide air for a variety of purposes, including braking, air conditioning, and power steering. The market for bus compressors is segmented by type, application, and region.

By type, the market is segmented into reciprocating compressors, rotary compressors, and scroll compressors. Reciprocating compressors are the most common type of bus compressor, followed by rotary compressors. Scroll compressors are a newer type of compressor that is becoming increasingly popular due to their high efficiency.

By application, the market is segmented into braking, air conditioning, and power steering. Braking is the largest application for bus compressors, followed by air conditioning. Power steering is a smaller but growing application for bus compressors.

By region, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is the largest market for bus compressors, followed by Europe and North America.

The growth of the global bus compressor market is being driven by a number of factors, including:

Increasing demand for fuel-efficient, environmentally friendly solutions

Growing demand for air conditioning systems in buses

Increasing passenger demand for vehicle comfort

Technological advancements in bus compressors

The market for bus compressors is facing some challenges, including:

The high cost of bus compressors

The stringent emission regulations

The increasing competition from alternative technologies

Despite these challenges, the global bus compressor market is expected to grow at a healthy CAGR during the forecast period. The growth of the market will be driven by the increasing demand for fuel-efficient, environmentally friendly solutions and the growing demand for air conditioning systems in buses.

To learn more about the global bus compressor market, please visit the VynZ Research website. You can also download the free report on the market to learn more about the drivers, trends, and challenges of the market.

About Us:

VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities.

Source: VynZ Research

[neharoy11]

World Scroll Compressor Market by Product Type, Market, Players and Regions-Forecast to 2030

A scroll compressor is a type of positive displacement compressor commonly used in HVAC systems, refrigeration, and air conditioning applications. It uses two interlocking scrolls, or spirals, to compress refrigerant or gas.

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The two scrolls are positioned so that they create a series of gas pockets, which become smaller as the scrolls rotate and compress the gas. As the pockets get smaller, the gas is forced out through the center of the scrolls and into the discharge line, where it can be used for cooling or other purposes.

Scroll compressors have several advantages over other types of compressors. They are more efficient, quieter, and have fewer moving parts, which reduces the risk of mechanical failure. They are also more reliable and require less maintenance than other types of compressors.

In addition to their use in HVAC and refrigeration systems, scroll compressors are also used in industrial applications such as natural gas compression, oil refining, and chemical processing. They are particularly well-suited for applications that require high compression ratios, low noise levels, and continuous operation.

[aimarketresearch]

Compressor Oil Market Size, Share, Trends, Demand, Growth and Competitive Analysis

Global Compressor Oil Market study by Data Bridge Market Research provides details about the market dynamics affecting this market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years.

Compressor Oil Market report provides top to bottom assessment of the market with respect to income and developing business sector. The report encompasses several market dynamics while also evaluating the growth rate and the market value based on market dynamics and growth inducing factors. The industry analysis report is mainly explored under four major areas which are market definition, market segmentation, competitive analysis and research methodology. Compressor Oil Market business report also covers strategic profiling of the major players in the market, comprehensive analysis of their fundamental competencies, and thereby keeping competitive landscape of the market in front of the client.

The compressor oil market is expected to witness market growth at a rate of 3.8% in the forecast period of 2021 to 2028. Data Bridge Market Research report on compressor oil market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increasing use of machinery in various industries is escalating the growth of the compressor oil market.

Compressor oil refers to one of the important components in air condition system which makes use of oil for three purposes: lubrication, removal of heat and for sealing. These are extensively utilized for improving the performance, efficiency and minimization of harmful compounds among others. There is an increase in demand for the compressor oil from various industries such as construction, oil and gas and mining.

Access Full 350 Pages PDF Report @

https://www.databridgemarketresearch.com/reports/global-compressor-oil-market

Highlights of TOC:

Chapter 1: Market overview

Chapter 2: Global Compressor Oil Market

Chapter 3: Regional analysis of the Global Compressor Oil Market industry

Chapter 4: Compressor Oil Market segmentation based on types and applications

Chapter 5: Revenue analysis based on types and applications

Chapter 6: Market share

Chapter 7: Competitive Landscape

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

Chapter 9: Gross Margin and Price Analysis

Key takeaways from the Compressor Oil Market report:

Detailed considerate of Compressor Oil Market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.

Comprehensive valuation of all prospects and threat in the

In depth study of industry strategies for growth of the Compressor Oil Market-leading players.

Compressor Oil Market latest innovations and major procedures.

Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.

Conclusive study about the growth conspiracy of Compressor Oil Market for forthcoming years.

The major players covered in compressor oil market report are Shell, Exxon Mobil Corporation, BP p.l.c., Chevron Corporation, Total, China Petrochemical Corporation, LUKOIL, Indian Oil Corporation Ltd, FUCHS, Idemitsu Kosan Co. Ltd., Petroliam Nasional Berhad (PETRONAS) (20076-K), Dow, Croda International Plc, SASOL, Phillips 66 Company, Calumet Branded Products, LLC, Morris Lubricants, Penrite Oil, Valvoline LLC, LIQUI MOLY GmbH, Bharat Petroleum Corporation Limited, Amalie Oil Company among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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About Data Bridge Market Research:

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact Us:

Data Bridge Market Research

US: +1 888 387 2818

UK: +44 208 089 1725

Hong Kong: +852 8192 7475

Email: corporatesales@databridgemarketresearch.com

[abhigmi]

Hermetic Reciprocating Refrigerator Compressor Market to Observe Rugged Expansion at a Top CAGR by 2030

The global hermetic reciprocating refrigerator compressor market is projected to witness robust expansion by 2030 owing to the flourishing foodservice industry worldwide.

The COVID-19 pandemic has impelled many restaurants around the world to shift towards take-away and delivery models, thereby encouraging them to invest in refrigerators to maintain and regulate food temperatures during storage and packaging carefully. An increase in take-outs, meal kits, and online food ordering has augmented industry uptake since the pandemic.

The global hermetic reciprocating refrigerator compressor industry has been segmented based on application, speed type, COP, cooling capacity, and region.

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With respect to speed type, the market has further been divided into fixed speed and inverter. The inverter sub-segment is speculated to account for a share of around 18.11% in terms of volume by the end of 2030.

From the viewpoint of cooling capacity, the global hermetic reciprocating refrigerator compressor market has been segregated into less than 100W, 100-150W, 150-240W, and 240-400W. The 150-240W sub-segment recorded a considerable volume share of nearly 39.85% in 2020 and is expected to reach over USD 94.3 million units of volume capacity by 2030.

The 240-400W sub-segment is projected to expand at a CAGR of about 5.6% through the study period to capture a market share of almost 17% in terms of revenue by 2030.

In terms of COP, the market has been bifurcated into less than 1, 1 to 1.4, 1.4 to 1.6, and 1.6 to 2. The global hermetic reciprocating refrigerator compressor market from the 1.6 to 2 sub-segment is set to garner approximately 17.15% revenue share by 2030. Soaring demand for smart and variable speed compressors has propelled refrigerator manufacturers to improve the energy efficiency of household refrigerators, which is estimated to drive segmental development.

Based on application, the global hermetic reciprocating refrigerator compressor industry has been classified into commercial and domestic. The commercial sub-segment is anticipated to attain revenue worth more than USD 4.5 billion by the end of the review period owing to the booming commercial refrigerator sector.

Moreover, changing consumer preferences increasing regulatory pressures, and escalating demand for efficient and sustainable technologies is likely to drive product adoption. Furthermore, increasing popularity of low Global Warming Potential (GWP) refrigerators among consumers are slated to bolster industry expansion in coming time period.

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On the regional front, the LATAM hermetic reciprocating refrigerator compressor market is expected to grow at almost 5.7% CAGR over the analysis timeline to reach about USD 920.4 million by the end of 2030. Rising disposable incomes of consumers and increasing government spending on household appliances, such as refrigerators, are speculated to drive regional market development.

The MEA hermetic reciprocating refrigerator compressor industry is poised to grow exponentially and register a volume share of around 5.61% by 2030. Surging demand for household refrigerators in Saudi Arabia and the UAE is deemed to foster regional market expansion over 2022-2030.

Table of Contents (ToC) of the report:

Chapter 1   Methodology and Scope

1.1    Market definition

1.2    Base estimates & working

1.2.1    North America

1.2.2    Europe

1.2.3    Asia Pacific

1.2.4    Latin America

1.2.5    Middle East & Africa

1.3    Forecast calculations

1.3.1    COVID-19 impact calculations on industry forecast

1.4    Data Sources

1.4.1    Secondary

1.4.1.1    Paid

1.4.1.2    Unpaid

1.4.2    Primary

Chapter 2   Executive Summary

2.1    Hermetic reciprocating refrigerator compressor industry 3600 synopsis, 2017 – 2030

2.1.1    Business trends

2.1.2    Speed type trends

2.1.3    Cooling capacity trends

2.1.4    COP trends

2.1.5    Application trends

2.1.6    Regional trends

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/hermetic-reciprocating-refrigerator-compressor-market

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