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Booster Compressor Market Report by Cooling Type, Compression Stage, Power Source, End User, and Region 2024-2032

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    Report

  • 136 Pages
  • April 2024
  • Region: Global
  • IMARC Group
  • ID: 5769235
Description Jump to:
The global booster compressor market size reached US$ 3.6 Billion in 2023. Looking forward, the market is projected to reach US$ 5.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.61% during 2023-2032.

A booster compressor refers to a piece of equipment made to boost the pressure of an existing system. It consists of a delivered valve cylinder head, received tank and discharge tank and provides water-based and air-based cooling. It is widely used for testing industrial conduit and pipeline pressures, optimizing high-pressure tires, engine starter systems, increasing the volume and pressure of water in showerheads and faucets, PET bottle production and enhancing toque in small air tools.

Booster compressor provides efficiency, productivity, versatility, transportability, safety, reliability, high-pressure production ability and profitability. Most of the booster compressors are pneumatic and are used for short durations to sustain high pressures. As a result, they find extensive application across various industries, such as manufacturing, chemical, and oil and gas.

Booster Compressor Market Trends

Significant growth in the oil and gas industry across the globe is creating a positive outlook for the market. Booster compressors are widely used to supply continuous gas to turbines at specified pressure and temperature. In line with this, the widespread product utilization in nitrogen compression and hydrogen blanketing is favoring the market growth. Moreover, various technological advancements, such as the integration of artificial intelligence and the Internet of Things (IoT) for remote monitoring, analyzing performance, providing alerts for an unscheduled oil change and preventive maintenance (PM), are providing an impetus to the market growth.

Additionally, the increasing demand for liquified petroleum gas (LPG), compressed natural gas (CNG) and clean energy fuels due to rising environmental consciousness are positively impacting the market growth. Other factors, including significant expansion in the chemical industry, increasing demand for electric vehicles and the implementation of various government initiatives toward the development of the manufacturing industry, are anticipated to drive the market toward growth.

Key Market Segmentation

This report provides an analysis of the key trends in each sub-segment of the global booster compressor market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on cooling type, compression stage, power source and end user.

Breakup by Cooling Type:

  • Air
  • Water

Breakup by Compression Stage:

  • Single Stage
  • Double Stage
  • Multistage

Breakup by Power Source:

  • Electric
  • Combustion Engine

Breakup by End User:

  • Oil and Gas
  • Manufacturing
  • Industrial Testing
  • Construction
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being Atlas Copco AB, BAUER COMP Holding GmbH, Bauer Compressors Inc., BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG, Gas Compression Systems Inc., Generon, Hitachi Ltd., IDEX Corporation, Ingersoll Rand Inc., Kaeser Kompressoren SE, Sauer Compressors USA Inc. and TGT Fuel Technologies Pvt. Ltd

Key Questions Answered in This Report

1. What was the size of the global booster compressor market in 2023?
2. What is the expected growth rate of the global booster compressor market during 2024-2032?
3. What has been the impact of COVID-19 on the global booster compressor market?
4. What are the key factors driving the global booster compressor market?
5. What is the breakup of the global booster compressor market based on the cooling type?
6. What is the breakup of the global booster compressor market based on the compression stage?
7. What is the breakup of the global booster compressor market based on the power source?
8. What is the breakup of the global booster compressor market based on the end user?
9. What are the key regions in the global booster compressor market?
10. Who are the key players/companies in the global booster compressor market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Booster Compressor Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Cooling Type
6.1 Air
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Water
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Compression Stage
7.1 Single Stage
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Double Stage
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Multistage
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Power Source
8.1 Electric
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Combustion Engine
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End User
9.1 Oil and Gas
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Manufacturing
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Industrial Testing
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Construction
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Atlas Copco AB
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 BAUER COMP Holding GmbH
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Bauer Compressors Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Gas Compression Systems Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Generon
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Hitachi Ltd.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 IDEX Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Ingersoll Rand Inc.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Kaeser Kompressoren SE
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Sauer Compressors USA Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.12 TGT Fuel Technologies Pvt. Ltd.
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Booster Compressor Market: Major Drivers and Challenges
Figure 2: Global: Booster Compressor Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Booster Compressor Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Booster Compressor Market: Breakup by Cooling Type (in %), 2023
Figure 5: Global: Booster Compressor Market: Breakup by Compression Stage (in %), 2023
Figure 6: Global: Booster Compressor Market: Breakup by Power Source (in %), 2023
Figure 7: Global: Booster Compressor Market: Breakup by End User (in %), 2023
Figure 8: Global: Booster Compressor Market: Breakup by Region (in %), 2023
Figure 9: Global: Booster Compressor (Air) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Booster Compressor (Air) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Booster Compressor (Water) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Booster Compressor (Water) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Booster Compressor (Single Stage) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Booster Compressor (Single Stage) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Booster Compressor (Double Stage) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Booster Compressor (Double Stage) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Booster Compressor (Multistage) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Booster Compressor (Multistage) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Booster Compressor (Electric) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Booster Compressor (Electric) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Booster Compressor (Combustion Engine) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Booster Compressor (Combustion Engine) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Booster Compressor (Oil and Gas) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Booster Compressor (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Booster Compressor (Manufacturing) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Booster Compressor (Manufacturing) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Booster Compressor (Industrial Testing) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Booster Compressor (Industrial Testing) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Booster Compressor (Construction) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Booster Compressor (Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Booster Compressor (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Booster Compressor (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: North America: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: North America: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: United States: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: United States: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Canada: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Canada: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Asia-Pacific: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Asia-Pacific: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: China: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: China: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Japan: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Japan: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: India: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: India: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: South Korea: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: South Korea: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Australia: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Australia: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Indonesia: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Indonesia: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Others: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Others: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Europe: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Europe: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Germany: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Germany: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: France: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: France: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: United Kingdom: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: United Kingdom: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Italy: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Italy: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: Spain: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: Spain: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Russia: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Russia: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Others: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Others: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Latin America: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Latin America: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Brazil: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Brazil: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Mexico: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Mexico: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Others: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Others: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Middle East and Africa: Booster Compressor Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Middle East and Africa: Booster Compressor Market: Breakup by Country (in %), 2023
Figure 81: Middle East and Africa: Booster Compressor Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 82: Global: Booster Compressor Industry: SWOT Analysis
Figure 83: Global: Booster Compressor Industry: Value Chain Analysis
Figure 84: Global: Booster Compressor Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Booster Compressor Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Booster Compressor Market Forecast: Breakup by Cooling Type (in Million US$), 2024-2032
Table 3: Global: Booster Compressor Market Forecast: Breakup by Compression Stage (in Million US$), 2024-2032
Table 4: Global: Booster Compressor Market Forecast: Breakup by Power Source (in Million US$), 2024-2032
Table 5: Global: Booster Compressor Market Forecast: Breakup by End User (in Million US$), 2024-2032
Table 6: Global: Booster Compressor Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Booster Compressor Market: Competitive Structure
Table 8: Global: Booster Compressor Market: Key Players

Companies Mentioned

  • Atlas Copco AB
  • BAUER COMP Holding GmbH
  • Bauer Compressors Inc.
  • BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG
  • Gas Compression Systems Inc.
  • Generon
  • Hitachi Ltd.
  • IDEX Corporation
  • Ingersoll Rand Inc.
  • Kaeser Kompressoren SE
  • Sauer Compressors USA Inc.
  • TGT Fuel Technologies Pvt. Ltd.

Methodology

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Table Information

Report AttributeDetails
No. of Pages136
PublishedApril 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 3.6 Billion
Forecasted Market Value ( USD ) by 2032 $ 5.4 Billion
Compound Annual Growth Rate4.6%
Regions CoveredGlobal
No. of Companies Mentioned12

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About the Booster Compressor Market

The Booster Compressor market is a subset of the Compressor market, which is a broad category of machines used to reduce the volume of a gas or liquid. Booster Compressors are used to increase the pressure of a gas or liquid, and are typically used in industrial applications such as oil and gas production, chemical processing, and power generation. Booster Compressors are typically powered by electric motors, and can be used to increase the pressure of a gas or liquid to a level that is higher than the pressure of the surrounding atmosphere. Booster Compressors are typically designed to operate at high pressures and temperatures, and are often used in applications where a high level of pressure is required. Booster Compressors are also used in applications where a high level of efficiency is required, such as in the production of compressed air. Some of the companies in the Booster Compressor market include Atlas Copco, Gardner Denver, Ingersoll Rand, Kaeser Compressors, and Sullair. Show Less Read more

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