Key Insights
The European compressor market is projected to reach $9.4 billion by 2025, demonstrating a healthy compound annual growth rate (CAGR) of 5.7% from 2025 to 2033. This growth is primarily driven by the expanding oil and gas sector, and a rising emphasis on energy efficiency within the power and manufacturing industries. The growth of the chemicals and petrochemicals sector, alongside other end-user segments, further contributes to this positive market trend. Advancements in compressor technology, including more efficient positive displacement and dynamic compressors, are also key market enablers. While regulatory shifts and economic uncertainties present potential headwinds, the long-term growth outlook remains robust.
Europe Compressor Industry Market Size (In Billion)
Key European economies such as Germany, France, the UK, and Italy are pivotal to this market expansion, supported by strong industrial foundations and advanced infrastructure that facilitate compressor integration. The competitive environment features prominent global manufacturers like Trane Technologies, Atlas Copco, and Siemens, alongside agile regional players. This dynamic competition spurs innovation and offers a broad spectrum of tailored solutions for diverse industrial requirements. Market segmentation by compressor type, encompassing positive displacement and dynamic varieties, underscores the varied applications and the necessity for specialized equipment. A detailed examination of sub-segments would provide further granular insights, but current data and industry trajectories indicate substantial growth potential for the European compressor market throughout the forecast period.
Europe Compressor Industry Company Market Share
Europe Compressor Industry Market Report: 2019-2033
This comprehensive report provides an in-depth analysis of the Europe compressor industry, covering market size, segmentation, competitive landscape, and future growth prospects. The study period spans from 2019 to 2033, with 2025 serving as the base and estimated year. This report is essential for industry players, investors, and researchers seeking to understand the dynamics of this crucial sector.
Europe Compressor Industry Market Structure & Competitive Dynamics
The European compressor market is moderately concentrated, with several major players holding significant market share. The competitive landscape is characterized by intense rivalry, driven by technological innovation, product differentiation, and strategic acquisitions. Key players such as Trane Technologies PLC, Atlas Copco AB, Baker Hughes Co, Aerzener Maschinenfabrik GmbH, Siemens AG, Burckhardt Compression Holding AG, Sulzer AG, and General Electric Company compete fiercely for market share. Market concentration is estimated at xx%, with the top five players accounting for approximately yy% of the total market revenue in 2024.
- Market Concentration: Moderate, with a few dominant players.
- Innovation Ecosystems: Strong focus on energy efficiency, digitalization, and sustainable technologies.
- Regulatory Frameworks: Stringent environmental regulations drive demand for energy-efficient compressors.
- Product Substitutes: Limited substitutes exist, mainly in niche applications.
- End-User Trends: Increasing adoption of compressors across various sectors, particularly manufacturing and oil & gas.
- M&A Activities: Significant M&A activity observed in recent years, indicating consolidation within the industry. For instance, the Atlas Copco acquisition of Precision Pneumatics Ltd and Wearside Pneumatics Ltd in November 2022, valued at approximately xx Million, further strengthened their position in the compressed air solutions market for manufacturing industries. Another notable acquisition was Danfoss's intent to acquire BOCK GmbH in October 2022, strengthening its presence in CO2 compressor technology. The total M&A deal value in the Europe compressor industry during the historical period (2019-2024) is estimated to be around xx Million.
Europe Compressor Industry Industry Trends & Insights
The Europe compressor market is experiencing robust growth, driven by increasing industrialization, urbanization, and rising demand for energy-efficient solutions. The market is projected to witness a Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033). Technological advancements such as the integration of smart sensors and predictive maintenance capabilities are transforming the industry, improving efficiency and reducing downtime. Consumer preference is shifting towards energy-efficient and environmentally friendly compressor technologies, leading to increased demand for Variable Speed Drives (VSD) and other energy-saving features. Intense competition is driving innovation and price optimization. The market penetration of energy-efficient compressors is expected to reach xx% by 2033.
Dominant Markets & Segments in Europe Compressor Industry
Leading Regions/Countries: Germany, France, and the United Kingdom represent the largest markets due to robust industrial activities and supportive government policies. These countries also benefit from well-established infrastructure and a skilled workforce supporting the compressor industry.
Dominant End-User Segments:
- Oil and Gas Industry: High demand for compressors in oil and gas extraction and processing. Key drivers include exploration activities, increasing production targets, and growing energy demand.
- Power Sector: Significant demand for compressors in power generation, particularly in combined cycle power plants and renewable energy projects.
- Manufacturing Sector: Extensive use of compressors in various manufacturing processes, with strong growth fueled by automation and industrial upgrades.
- Chemicals and Petrochemical Industry: High demand for compressors in chemical processing and petrochemical production, driven by growth in the chemical industry.
- Other End Users: Relatively smaller segments, including food and beverage, pharmaceuticals, and construction.
Dominant Compressor Types:
- Positive Displacement: This type dominates due to its high pressure and flow rate capabilities, particularly beneficial in high-pressure applications.
- Dynamic: Increasing popularity in energy-efficient applications due to lower operating costs. The market for dynamic compressors is experiencing rapid growth, driven by demand for energy-efficient technologies.
Europe Compressor Industry Product Innovations
Recent innovations focus on energy efficiency, smart functionalities, and eco-friendly designs. Compressors with variable speed drives (VSDs), integrated sensors for predictive maintenance, and improved oil-free designs are gaining traction. These advancements are enhancing the efficiency, reliability, and environmental performance of compressors, aligning with the growing emphasis on sustainability within the industry.
Report Segmentation & Scope
This report segments the Europe compressor market by end-user (Oil and Gas Industry, Power Sector, Manufacturing Sector, Chemicals and Petrochemical Industry, Other End Users) and compressor type (Positive Displacement, Dynamic). Each segment's growth projections, market sizes, and competitive dynamics are analyzed in detail, providing a granular understanding of the market structure and opportunities across various segments. Growth projections for each segment are estimated to range from xx% to yy% CAGR during the forecast period. Market sizes for each segment will vary significantly based on market demand and technological changes. Competitive dynamics will be impacted by the entry of new players and the development of new technologies.
Key Drivers of Europe Compressor Industry Growth
Several factors are driving the growth of the Europe compressor industry, including increasing industrial automation, rising demand for energy-efficient technologies, and supportive government policies promoting energy conservation. The expansion of the manufacturing sector, particularly in emerging economies, is another key driver. Moreover, stringent environmental regulations are driving demand for cleaner and more efficient compressor technologies.
Challenges in the Europe Compressor Industry Sector
The Europe compressor industry faces challenges, including fluctuating raw material prices, intense competition, and stringent environmental regulations. Supply chain disruptions and the high cost of manufacturing and R&D can also affect market growth. The industry is also facing the pressure to reduce its environmental footprint through the development of more sustainable products and manufacturing processes. These issues, if not addressed effectively, may negatively impact the industry's long-term growth trajectory.
Leading Players in the Europe Compressor Industry Market
- Trane Technologies PLC
- Atlas Copco AB
- Baker Hughes Co
- Aerzener Maschinenfabrik GmbH
- Siemens AG
- Burckhardt Compression Holding AG
- Sulzer AG
- General Electric Company
Key Developments in Europe Compressor Industry Sector
- November 2022: Atlas Copco acquired Precision Pneumatics Ltd and Wearside Pneumatics Ltd, expanding its reach in the UK manufacturing sector.
- October 2022: Danfoss announced its intent to acquire BOCK GmbH, strengthening its position in the CO2 compressor market.
These acquisitions illustrate a trend of consolidation and expansion within the European compressor market, further driving competition and technological innovation.
Strategic Europe Compressor Industry Market Outlook
The Europe compressor market is poised for continued growth, driven by technological advancements, increasing industrialization, and a growing focus on sustainability. Opportunities exist for companies to invest in energy-efficient technologies, expand into new markets, and develop innovative products that meet the evolving needs of diverse end-user segments. The market presents significant growth potential for companies that can adapt to the changing dynamics and capitalize on strategic opportunities.
Europe Compressor Industry Segmentation
-
1. Type
- 1.1. Positive Diplacement
- 1.2. Dynamic
-
2. End User
- 2.1. Oil and Gas Industry
- 2.2. Power Sector
- 2.3. Manufacturing Sector
- 2.4. Chemicals and Petrochemical Industry
- 2.5. Other End Users
Europe Compressor Industry Segmentation By Geography
- 1. Russia
- 2. Germany
- 3. United Kingdom
- 4. Rest of Europe
Europe Compressor Industry Regional Market Share
Geographic Coverage of Europe Compressor Industry
Europe Compressor Industry REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 5.7% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. 4.; Growing Oil and Gas Industry4.; Rapid Growth in the Industrial Sector
- 3.3. Market Restrains
- 3.3.1. 4.; Fluctuation in Oil and Gas Prices
- 3.4. Market Trends
- 3.4.1. Oil and Gas Industry Segment Expected to Dominate the Market
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Europe Compressor Industry Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Positive Diplacement
- 5.1.2. Dynamic
- 5.2. Market Analysis, Insights and Forecast - by End User
- 5.2.1. Oil and Gas Industry
- 5.2.2. Power Sector
- 5.2.3. Manufacturing Sector
- 5.2.4. Chemicals and Petrochemical Industry
- 5.2.5. Other End Users
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. Russia
- 5.3.2. Germany
- 5.3.3. United Kingdom
- 5.3.4. Rest of Europe
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. Russia Europe Compressor Industry Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Type
- 6.1.1. Positive Diplacement
- 6.1.2. Dynamic
- 6.2. Market Analysis, Insights and Forecast - by End User
- 6.2.1. Oil and Gas Industry
- 6.2.2. Power Sector
- 6.2.3. Manufacturing Sector
- 6.2.4. Chemicals and Petrochemical Industry
- 6.2.5. Other End Users
- 6.1. Market Analysis, Insights and Forecast - by Type
- 7. Germany Europe Compressor Industry Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Type
- 7.1.1. Positive Diplacement
- 7.1.2. Dynamic
- 7.2. Market Analysis, Insights and Forecast - by End User
- 7.2.1. Oil and Gas Industry
- 7.2.2. Power Sector
- 7.2.3. Manufacturing Sector
- 7.2.4. Chemicals and Petrochemical Industry
- 7.2.5. Other End Users
- 7.1. Market Analysis, Insights and Forecast - by Type
- 8. United Kingdom Europe Compressor Industry Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Type
- 8.1.1. Positive Diplacement
- 8.1.2. Dynamic
- 8.2. Market Analysis, Insights and Forecast - by End User
- 8.2.1. Oil and Gas Industry
- 8.2.2. Power Sector
- 8.2.3. Manufacturing Sector
- 8.2.4. Chemicals and Petrochemical Industry
- 8.2.5. Other End Users
- 8.1. Market Analysis, Insights and Forecast - by Type
- 9. Rest of Europe Europe Compressor Industry Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Type
- 9.1.1. Positive Diplacement
- 9.1.2. Dynamic
- 9.2. Market Analysis, Insights and Forecast - by End User
- 9.2.1. Oil and Gas Industry
- 9.2.2. Power Sector
- 9.2.3. Manufacturing Sector
- 9.2.4. Chemicals and Petrochemical Industry
- 9.2.5. Other End Users
- 9.1. Market Analysis, Insights and Forecast - by Type
- 10. Competitive Analysis
- 10.1. Market Share Analysis 2025
- 10.2. Company Profiles
- 10.2.1 Trane Technologies PLC
- 10.2.1.1. Overview
- 10.2.1.2. Products
- 10.2.1.3. SWOT Analysis
- 10.2.1.4. Recent Developments
- 10.2.1.5. Financials (Based on Availability)
- 10.2.2 Atlas Copco AB
- 10.2.2.1. Overview
- 10.2.2.2. Products
- 10.2.2.3. SWOT Analysis
- 10.2.2.4. Recent Developments
- 10.2.2.5. Financials (Based on Availability)
- 10.2.3 Baker Hughes Co
- 10.2.3.1. Overview
- 10.2.3.2. Products
- 10.2.3.3. SWOT Analysis
- 10.2.3.4. Recent Developments
- 10.2.3.5. Financials (Based on Availability)
- 10.2.4 Aerzener Maschinenfabrik GmbH
- 10.2.4.1. Overview
- 10.2.4.2. Products
- 10.2.4.3. SWOT Analysis
- 10.2.4.4. Recent Developments
- 10.2.4.5. Financials (Based on Availability)
- 10.2.5 Siemens AG
- 10.2.5.1. Overview
- 10.2.5.2. Products
- 10.2.5.3. SWOT Analysis
- 10.2.5.4. Recent Developments
- 10.2.5.5. Financials (Based on Availability)
- 10.2.6 Burckhardt Compression Holding AG
- 10.2.6.1. Overview
- 10.2.6.2. Products
- 10.2.6.3. SWOT Analysis
- 10.2.6.4. Recent Developments
- 10.2.6.5. Financials (Based on Availability)
- 10.2.7 Sulzer AG*List Not Exhaustive
- 10.2.7.1. Overview
- 10.2.7.2. Products
- 10.2.7.3. SWOT Analysis
- 10.2.7.4. Recent Developments
- 10.2.7.5. Financials (Based on Availability)
- 10.2.8 General Electric Company
- 10.2.8.1. Overview
- 10.2.8.2. Products
- 10.2.8.3. SWOT Analysis
- 10.2.8.4. Recent Developments
- 10.2.8.5. Financials (Based on Availability)
- 10.2.1 Trane Technologies PLC
List of Figures
- Figure 1: Europe Compressor Industry Revenue Breakdown (billion, %) by Product 2025 & 2033
- Figure 2: Europe Compressor Industry Share (%) by Company 2025
List of Tables
- Table 1: Europe Compressor Industry Revenue billion Forecast, by Type 2020 & 2033
- Table 2: Europe Compressor Industry Volume K Units Forecast, by Type 2020 & 2033
- Table 3: Europe Compressor Industry Revenue billion Forecast, by End User 2020 & 2033
- Table 4: Europe Compressor Industry Volume K Units Forecast, by End User 2020 & 2033
- Table 5: Europe Compressor Industry Revenue billion Forecast, by Region 2020 & 2033
- Table 6: Europe Compressor Industry Volume K Units Forecast, by Region 2020 & 2033
- Table 7: Europe Compressor Industry Revenue billion Forecast, by Type 2020 & 2033
- Table 8: Europe Compressor Industry Volume K Units Forecast, by Type 2020 & 2033
- Table 9: Europe Compressor Industry Revenue billion Forecast, by End User 2020 & 2033
- Table 10: Europe Compressor Industry Volume K Units Forecast, by End User 2020 & 2033
- Table 11: Europe Compressor Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 12: Europe Compressor Industry Volume K Units Forecast, by Country 2020 & 2033
- Table 13: Europe Compressor Industry Revenue billion Forecast, by Type 2020 & 2033
- Table 14: Europe Compressor Industry Volume K Units Forecast, by Type 2020 & 2033
- Table 15: Europe Compressor Industry Revenue billion Forecast, by End User 2020 & 2033
- Table 16: Europe Compressor Industry Volume K Units Forecast, by End User 2020 & 2033
- Table 17: Europe Compressor Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 18: Europe Compressor Industry Volume K Units Forecast, by Country 2020 & 2033
- Table 19: Europe Compressor Industry Revenue billion Forecast, by Type 2020 & 2033
- Table 20: Europe Compressor Industry Volume K Units Forecast, by Type 2020 & 2033
- Table 21: Europe Compressor Industry Revenue billion Forecast, by End User 2020 & 2033
- Table 22: Europe Compressor Industry Volume K Units Forecast, by End User 2020 & 2033
- Table 23: Europe Compressor Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 24: Europe Compressor Industry Volume K Units Forecast, by Country 2020 & 2033
- Table 25: Europe Compressor Industry Revenue billion Forecast, by Type 2020 & 2033
- Table 26: Europe Compressor Industry Volume K Units Forecast, by Type 2020 & 2033
- Table 27: Europe Compressor Industry Revenue billion Forecast, by End User 2020 & 2033
- Table 28: Europe Compressor Industry Volume K Units Forecast, by End User 2020 & 2033
- Table 29: Europe Compressor Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 30: Europe Compressor Industry Volume K Units Forecast, by Country 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Europe Compressor Industry?
The projected CAGR is approximately 5.7%.
2. Which companies are prominent players in the Europe Compressor Industry?
Key companies in the market include Trane Technologies PLC, Atlas Copco AB, Baker Hughes Co, Aerzener Maschinenfabrik GmbH, Siemens AG, Burckhardt Compression Holding AG, Sulzer AG*List Not Exhaustive, General Electric Company.
3. What are the main segments of the Europe Compressor Industry?
The market segments include Type, End User.
4. Can you provide details about the market size?
The market size is estimated to be USD 9.4 billion as of 2022.
5. What are some drivers contributing to market growth?
4.; Growing Oil and Gas Industry4.; Rapid Growth in the Industrial Sector.
6. What are the notable trends driving market growth?
Oil and Gas Industry Segment Expected to Dominate the Market.
7. Are there any restraints impacting market growth?
4.; Fluctuation in Oil and Gas Prices.
8. Can you provide examples of recent developments in the market?
Nov 2022: Atlas Copco, a Swedish multinational industrial company, acquired Precision Pneumatics Ltd and Wearside Pneumatics Ltd, two compressed air distributors and service providers located in the North of England. Both companies provide compressed air solutions to manufacturing industries, such as general manufacturing, electronics, automotive and automotive supply chain, food and beverage, and metal fabrication.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in billion and volume, measured in K Units.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Europe Compressor Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Europe Compressor Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Europe Compressor Industry?
To stay informed about further developments, trends, and reports in the Europe Compressor Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence