Compressor Market is Anticipated to Witness High Growth Owing to Rising Demand from Various End-Use Industries

The compressor market has witnessed significant growth in the recent years on account of increasing demand from various end-use industries such as manufacturing, mining, oil & gas, chemicals, and construction among others. Compressors are mechanical equipment that increase the pressure of gas by reducing the volume by means of positive displacement. They play a critical role for powering processes across various industries. Few key application areas utilizing compressors include refrigeration, air conditioning, gas transmission & distribution systems, aerosol filling, HVAC systems, vehicles, pneumatic tools, among others.

The global compressor market is estimated to be valued at US$ 115 Billion in 2025 and is expected to exhibit a CAGR of 5.1% over the forecast period 2025-2031.
Rising industrialization, infrastructure development activities, and growing popularity of HVAC systems are some of the major factors expected to propel the demand for compressors. Furthermore, advancements in compressor technologies aimed at improving efficiency are also anticipated to support market growth.


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<p class="MsoNormal" style="margin-bottom:12.0pt">The compressor market plays a vital role in powering critical systems such as refrigeration and air conditioning units. Compressors work by compressing gases such as refrig

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