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Booster Compressors - Global Strategic Business Report

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    Report

  • 527 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4804712
The global market for Booster Compressors is estimated at US$3.4 Billion in 2023 and is projected to reach US$4.9 Billion by 2030, growing at a CAGR of 5.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the booster compressors market is driven by several factors. The increasing demand for high-pressure applications in industries such as oil and gas, where processes like gas injection and enhanced oil recovery require precise pressure control, is a significant driver. The expanding manufacturing sector, particularly in emerging economies, is also boosting demand for booster compressors to support various high-pressure operations. Additionally, stringent environmental regulations and the need for cleaner, more efficient industrial processes are encouraging the use of advanced booster compressors that minimize energy consumption and emissions.

The rising trend of automation and smart manufacturing further supports market growth, as modern booster compressors are increasingly integrated with automated systems for optimized performance. The market is also benefiting from the advent of booster compressors with modular designs at lower prices, with emerging economies poised to boost demand for low-cost booster compressors. These factors are propelling the robust expansion of the booster compressors market, ensuring their critical role in various high-pressure applications.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Air Cooling segment, which is expected to reach US$3.3 Billion by 2030 with a CAGR of a 5.6%. The Water Cooling segment is also set to grow at 4.7% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $959.8 Million in 2023, and China, forecasted to grow at an impressive 7.2% CAGR to reach $900.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Booster Compressors Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Booster Compressors Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Booster Compressors Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Corken, Atlas Copco AB, Bauer Compressors Inc., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 71 Featured):

  • Corken
  • Atlas Copco AB
  • Bauer Compressors Inc.
  • Boge Compressors Ltd
  • Gardner Denver
  • General Electric Company
  • Generon
  • Hitachi Ltd
  • Ingersoll Rand
  • Jereh Group
  • Kaeser Compressors Inc.
  • Sauer Compressors USA Inc
  • TGT Fuel Technologies Pvt. Ltd

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Indispensability of High-Pressure Compressed Air in Industries: The Cornerstone of Growth for Booster Compressors
  • An Introduction to Booster Compressors
  • Key Factors Considered in Selection of Booster Compressor
  • Major Applications of Booster Compressors
  • Booster Vs Compressor
  • Global Economic Update
  • Global Oil Prices Remain Volatile Amid Acute Geopolitical Uncertainty & Tensions that Heighten Threat of Market Shocks: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • While Still Not in the Comfort Zone, the Expected Steeper Fall in Inflation in 2024 Can Cushion Economic Growth: Global Inflation Rates (In %) for the Years 2019 through 2025
  • Flat Growth for 2024 & A Possible Soft Landing, as the Global Economy Attempts to Balance Recovery While Navigating Through Wars, Political Conflicts & Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2022 Through 2025
  • Pandemic Impact on the Demand for Booster Compressors
  • Global Market Outlook
  • Air Cooled Booster Compressors Lead Market
  • Oil & Gas Industry Emerges as the Largest End-Use Sector
  • Developing Regions Poised for High Growth
  • Competition
  • Booster Compressors - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Recent Market Activity
  • Influencer/Product/Technology Insights
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • The Crucial Role of High-Quality Compressed Air across Industries Fuels Demand for Booster Compressors
  • Myriad Benefits of Booster Compressors Fuels Demand from End-Use Sectors
  • Rising Demand for High Pressure Operating Conditions in Varied End-Uses Spurs Market Growth
  • Ubiquitous Use of Compressed Air Makes Booster Compressors a Common Fixture in Modern Industries: Compressed Air Usage (in GWh/Year) in Industries Worldwide
  • Rising Use of Oil & Gas Products & Increase in E&P Activities to Drive Market Gains
  • Global Capital Expenditure of Natural Gas Pipelines Under Development as of the Year 2023 (in US$ Billion)
  • Global Liquid Fuels Production (In Million Barrels Per Day): 2018-2025
  • Global Natural Gas Production (in Billion Cubic Meter (BCM)) for Years 2018 through 2023
  • Booster Compressors Find Increased Use in Enhanced Oil Recovery Techniques
  • Wellhead Compressors Hold Importance in Oil and Gas Field Production Optimization
  • Maximizing Performance with Durable & High Capacity Booster Compressors in Harsh Environments
  • Transition from Coal to Gas Power Generation: Opportunity for Growth
  • Global Energy Mix: 1990, 2020 and 2030
  • Booster Compressors Enhance Chemical Industry Operations
  • The Role of Booster Compressors in PET Bottle Manufacturing
  • Significance of Compressed Air in Pharma and Packaging Sectors Drives Demand for Booster Compressor
  • Navigating Sustainability: Transforming the Booster Compressor Landscape
  • Embracing Sustainability with Eco-Friendly Booster Compressors
  • Advancing Industrial Efficiency with Energy-Efficient Booster Compressors
  • Revolutionizing Air Compression: The Digital Transformation of the Booster Compressor Industry
  • IoT: Transforming the Booster Compressor Sector with Smart Technology
  • How is Artificial Intelligence Impacting Booster Compressors
  • Optimizing Compressor Performance with Monitoring & Control
  • Innovations in Integrally Geared Compressors to Transform Market
  • Modular Design Offers Significant Benefits in Booster Compressors
  • Customization and Service-Centric Models Gain Significance
  • Regulatory Landscape and the Impact of Standards and Practices on Booster Compressors Market
  • Major Challenges Facing Booster Compressors Market
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Air by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 2: World Historic Review for Air by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 3: World 16-Year Perspective for Air by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 4: World Recent Past, Current & Future Analysis for Water by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 5: World Historic Review for Water by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 6: World 16-Year Perspective for Water by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Double by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 8: World Historic Review for Double by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 9: World 16-Year Perspective for Double by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 10: World Recent Past, Current & Future Analysis for Multi by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 11: World Historic Review for Multi by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 12: World 16-Year Perspective for Multi by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for Single by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 14: World Historic Review for Single by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 15: World 16-Year Perspective for Single by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 16: World Recent Past, Current & Future Analysis for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 17: World Historic Review for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 18: World 16-Year Perspective for Oil & Gas by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 19: World Recent Past, Current & Future Analysis for Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 20: World Historic Review for Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 21: World 16-Year Perspective for Chemicals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 22: World Recent Past, Current & Future Analysis for Process Industry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 23: World Historic Review for Process Industry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 24: World 16-Year Perspective for Process Industry by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 25: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 26: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 27: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 28: World Booster Compressors Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • TABLE 29: World Recent Past, Current & Future Analysis for Booster Compressors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 30: World Historic Review for Booster Compressors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 31: World 16-Year Perspective for Booster Compressors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Booster Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Booster Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Booster Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Booster Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Booster Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Booster Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Booster Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Booster Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Booster Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Booster Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Booster Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Booster Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Booster Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • Corken
  • Atlas Copco AB
  • Bauer Compressors Inc.
  • Boge Compressors Ltd
  • Gardner Denver
  • General Electric Company
  • Generon
  • Hitachi Ltd
  • Ingersoll Rand
  • Jereh Group
  • Kaeser Compressors Inc.
  • Sauer Compressors USA Inc
  • TGT Fuel Technologies Pvt. Ltd

Table Information