Us Booster Compressor Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Booster Compressor Market was valued at USD 5.2 Billion in 2022 and is projected to reach USD 8.1 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
The U.S. booster compressor market is experiencing significant growth, driven by increasing demand across various industries. Booster compressors are essential for enhancing the pressure of existing systems, making them crucial in sectors such as oil and gas, manufacturing, and food processing. In 2023, the global booster compressor market was valued at approximately USD 1.38 billion and is projected to reach USD 3.00 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 9.36% during the forecast period. citeturn0search0 The U.S. market, as a significant contributor to this global growth, is poised to expand at a sustainable CAGR in the coming years. citeturn0search1 The demand for booster compressors in the U.S. is primarily driven by the oil and gas industry, where these compressors are vital for extraction and transportation processes. They are used at various points along the production cycle, from initial extraction to processing facilities and transportation through pipelines over long distances. With rising energy needs globally, oil and gas production has been increasing steadily each year, further propelling the demand for booster compressors. citeturn0search2 Additionally, the manufacturing sector's growth contributes to the market's expansion. Booster compressors are integral in various applications, including air boosting, gas boosting, air separation, and compression of gases for storage and transportation. The increasing demand for efficient energy solutions across industries is further driving the market's growth. citeturn0search6 The U.S. booster compressor market is characterized by the presence of several key players, including Gardner Denver, Ingersoll Rand, Kaeser Compressors, and Sullair. These companies are focusing on technological advancements and strategic partnerships to strengthen their market positions. citeturn0search3 In summary, the U.S. booster compressor market is poised for substantial growth, driven by increasing demand in the oil and gas and manufacturing sectors. The market's expansion is further supported by technological advancements and strategic initiatives by key industry players.
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Atlas Copco
Kaeser Kompressoren
Boge Kompressoren
SAUER Compressor
BAUER Kompressoren
Hitachi
Ingersoll Rand
Gardner Denver
BHGE
Idex Corporation
Maximator
Haskel
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Booster Compressor Market
Centrifugal Compressors
Reciprocating Compressors
Screw Compressors
Scroll Compressors
Diaphragm Compressors
Oil and Gas
Manufacturing Industry
Food and Beverage
Pharmaceuticals
Automotive
Mining
Electric
Gas
Diesel
Steam
Renewable Energy Sources
Small Capacity (< 50 HP)
Medium Capacity (50 HP - 150 HP)
High Capacity (> 150 HP)
Construction
Aerospace
Power Generation
Water Treatment
HVAC Systems
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Booster Compressor Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Booster Compressor Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Booster Compressor Market, By Type
6. Global Booster Compressor Market, By Application
7. Global Booster Compressor Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Booster Compressor Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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