Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 68.67 billion

Market Size (2029)

USD 86.61 billion

CAGR (2024-2029)

3.79%

Fastest Growing Segment

Subject Tutoring

Largest Market

Asia Pacific

 

Market Overview

Global Stationary Electric Compressors market has experienced tremendous growth in recent years and is poised to maintain strong momentum through 2029. The market was valued at USD 68.67 billion in 2023 and is projected to register a compound annual growth rate of 3.79% during the forecast period.

The Global Stationary Electric Compressors market has experienced significant growth recently, driven by its widespread adoption across various industries worldwide. Key sectors including oil & gas, power generation, manufacturing, and chemicals recognize stationary electric compressors as essential for optimizing operations and enhancing productivity.

Stringent energy efficiency standards and a heightened focus on reducing carbon footprint have prompted substantial investments in advanced stationary electric compressor technologies by process industries. Leading compressor manufacturers have introduced innovative product offerings with higher pressures, improved reliability, and intelligent controls, resulting in enhanced process efficiency.

The integration of emerging technologies such as artificial intelligence, Internet of Things, and predictive maintenance is revolutionizing stationary electric compressor capabilities. Advanced solutions now offer real-time performance monitoring, automated diagnostics, and insights into equipment health, enabling plant managers to optimize asset utilization and extract more value from process infrastructure.

Industrial facilities are collaborating with compressor providers to develop customized solutions tailored to their specific operational requirements. Additionally, the increasing emphasis on sustainability and carbon emissions reduction is creating new opportunities for growth.

As digital transformation initiatives continue across oil & gas, power, manufacturing, and other process industries, the global stationary electric compressors market is poised for sustained growth. Investments in new capabilities are expected to persist globally, with AI-powered solutions supporting data-driven operations and driving long-term prospects for the market.

Key Market Drivers

Growing Industrial Automation Demand

The ongoing global digital transformation trend towards Industry 4.0 is a key driver boosting investments in stationary electric compressors. Advanced manufacturing processes increasingly rely on automation, robotics, Internet of Things (IoT) sensors, predictive analytics, and other smart technologies to improve productivity, reduce downtime, and enhance product quality. Stationary electric compressors are integral to automated industrial operations as they help maintain steady gas or air pressure for running pneumatic tools, actuators, and other production line equipment in a reliable and efficient manner. Leading manufacturers are developing next-gen compressor solutions with integrated IoT connectivity and advanced controls to support the evolving needs of Industry 4.0. This rising demand for automation solutions across sectors such as automotive, electronics, and food & beverage is propelling market revenues.

Stringent Energy Efficiency Regulations

Growing environmental regulations worldwide are mandating industries to optimize energy consumption and reduce carbon footprint. Various economies have implemented stringent energy efficiency standards and emission control policies to combat climate change and promote sustainable practices. Stationary electric compressors play a crucial role in achieving energy efficiency targets by providing reliable and efficient compressed air or gas supply. Manufacturers are increasingly focusing on developing premium efficient compressors that offer higher energy efficiency, reduced power consumption, and lower carbon emissions. The demand for such compressors is driven by the need to comply with regulatory requirements, reduce energy costs, and enhance sustainability credentials. This driver is expected to fuel the growth of the stationary electric compressors market in the coming years.

Expanding Process Industries

The global process manufacturing industry has been witnessing steady growth over the past few decades driven by increasing industrialization, urbanization, and population growth. Process industries such as oil & gas, chemicals, power generation, and food processing require a reliable and continuous supply of compressed air or gas for various operations. Stationary electric compressors are widely used in these industries to power pneumatic tools, control systems, and other equipment. As the process industries continue to expand, driven by rising demand for energy, chemicals, and consumer goods, the demand for stationary electric compressors is expected to grow significantly. The need for efficient and reliable compressed air or gas supply in these industries is a key driver for the market, with manufacturers focusing on developing compressors that offer high performance, durability, and low maintenance requirements to meet the evolving needs of process industries.


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Key Market Challenges

High Initial Investment Costs

One of the major challenges faced by the stationary electric compressors market is the high initial investment costs associated with this equipment. Stationary electric compressors are sophisticated machines that require advanced technology, precision engineering, and high-quality components to ensure reliable and efficient operation. The cost of manufacturing and assembling these compressors, along with the incorporation of advanced features such as intelligent controls and IoT connectivity, significantly adds to the overall price. This poses a financial challenge for businesses, especially small and medium-sized enterprises (SMEs), that may have budget constraints and limited capital resources. The high upfront costs of stationary electric compressors can deter potential buyers and slow down market growth.

Moreover, the installation and setup of stationary electric compressors may require additional expenses, such as infrastructure modifications, electrical connections, and professional installation services. These costs further contribute to the overall investment required, making it a significant barrier for businesses considering the adoption of stationary electric compressors. Manufacturers and industry stakeholders need to address this challenge by exploring cost-effective manufacturing techniques, streamlining supply chains, and offering flexible financing options to make stationary electric compressors more accessible and affordable for a wider range of customers.

Maintenance and Service Requirements

Another challenge faced by the stationary electric compressors market is the need for regular maintenance and service to ensure optimal performance and reliability. Stationary electric compressors are complex machines with various components, including motors, valves, filters, and cooling systems, that require periodic inspection, cleaning, and replacement to prevent breakdowns and ensure efficient operation. Failure to perform regular maintenance can result in decreased performance, increased energy consumption, and potential equipment failures, leading to costly downtime and repairs.

However, maintenance and service requirements can pose challenges for businesses, particularly those with limited technical expertise or resources. Hiring skilled technicians or outsourcing maintenance services can add to the operational costs, especially for small businesses. Additionally, the availability of spare parts and components for repairs and replacements can be a challenge, particularly for older or less common compressor models. Manufacturers and service providers need to address these challenges by offering comprehensive maintenance packages, providing training and support to customers, and establishing a robust supply chain for spare parts and components.

Furthermore, the increasing complexity of stationary electric compressors, with the integration of advanced technologies such as IoT connectivity and predictive maintenance, requires specialized knowledge and expertise to effectively monitor and manage these systems. Businesses need to invest in training their personnel or rely on external service providers to ensure proper maintenance and maximize the lifespan of their stationary electric compressors. By addressing the maintenance and service challenges, manufacturers and industry stakeholders can enhance customer satisfaction, reduce downtime, and build long-term relationships with their clients.

Key Market Trends

Increasing Focus on Energy Efficiency

The trend of energy efficiency has gained significant momentum in recent years, driven by increasing environmental concerns and the need to reduce carbon emissions. This trend has also influenced the stationary electric compressors market, with a growing demand for energy-efficient compressors. Businesses across various industries are actively seeking compressor solutions that can help them optimize energy consumption, reduce operating costs, and meet sustainability goals. Manufacturers are responding to this demand by developing and offering energy-efficient stationary electric compressors that incorporate advanced technologies such as variable speed drives, intelligent controls, and improved motor efficiency. These compressors not only provide significant energy savings but also contribute to a greener and more sustainable operation. The focus on energy efficiency is expected to continue driving the growth of the stationary electric compressors market in the coming years.

Integration of IoT and Smart Technologies

The integration of Internet of Things (IoT) and smart technologies is revolutionizing the stationary electric compressors market. Manufacturers are incorporating IoT connectivity and advanced sensors into their compressor systems, enabling real-time monitoring, data collection, and analysis. This integration allows businesses to gather valuable insights into compressor performance, energy consumption, and maintenance needs. With the help of IoT-enabled compressors, operators can remotely monitor and control their equipment, receive alerts for potential issues, and optimize performance based on real-time data. Additionally, predictive maintenance algorithms can be implemented to detect early signs of equipment failure and schedule maintenance activities proactively, reducing downtime and improving overall reliability. The integration of IoT and smart technologies is transforming the way stationary electric compressors are managed and maintained, leading to improved efficiency, reduced costs, and enhanced operational performance.

Adoption of Digital Twin Technology

Digital twin technology is gaining traction in the stationary electric compressors market, offering new opportunities for performance optimization and predictive maintenance. A digital twin is a virtual replica of a physical compressor system that simulates its behavior and performance in real-time. By creating a digital twin, operators can monitor and analyze the performance of their compressors, identify potential issues, and optimize operational parameters without interrupting the actual production process. Digital twin technology enables businesses to simulate different operating scenarios, test new control strategies, and optimize energy consumption. It also facilitates predictive maintenance by continuously monitoring the digital twin for anomalies and providing early warnings for potential equipment failures. The adoption of digital twin technology in the stationary electric compressors market is expected to increase as businesses recognize its potential for improving performance, reducing downtime, and optimizing maintenance activities.

Segmental Insights

Product Type Insights

In 2023, the solutions segment dominated the Stationary Electric Compressors market and is expected to maintain its dominance during the forecast period. The solutions segment includes various Product Types such as asset management, CIS and billing, SCADA systems, EMS, and OMS. These solutions play a crucial role in enabling utilities to effectively manage their operations, optimize asset performance, and enhance overall efficiency. Asset management solutions help utilities monitor and maintain their infrastructure assets, such as transformers, switchgear, and distribution lines, by leveraging IoT-enabled sensors and analytics to predict equipment failures and optimize maintenance schedules. CIS and billing solutions facilitate seamless customer information management, billing, and revenue management processes, ensuring accurate and timely invoicing. SCADA systems enable real-time monitoring and control of utility infrastructure, allowing utilities to remotely manage and optimize their operations. EMS (Energy Management Systems) help utilities monitor and optimize energy consumption, demand response, and grid stability. OMS (Outage Management Systems) enable utilities to quickly detect, locate, and respond to power outages, minimizing downtime and improving customer satisfaction.

While all these solution Product Types are essential for the Stationary Electric Compressors market, the asset management segment is expected to maintain its dominance during the forecast period. With the increasing adoption of IoT technologies, utilities are focusing on optimizing their asset performance and extending asset lifecycles. Asset management solutions provide utilities with the ability to monitor asset health in real-time, predict equipment failures, and optimize maintenance activities. This helps utilities reduce downtime, minimize maintenance costs, and improve overall operational efficiency. Additionally, the growing need for grid Power Rating erization and the integration of renewable energy sources further drive the demand for asset management solutions in the utilities sector. As utilities continue to invest in IoT-enabled asset management solutions, this segment is expected to maintain its dominance in the Stationary Electric Compressors market in the coming years.

Power Rating Insights

In 2023, the segment of stationary electric compressors with a power rating of above 500 kW dominated the market and is expected to maintain its dominance during the forecast period. This segment's dominance can be attributed to several factors. Firstly, industries such as oil and gas, petrochemicals, and power generation require high-power compressors to meet their demanding operational needs. These industries often deal with large-scale operations that require a significant amount of compressed air or gas, and compressors with a power rating above 500 kW are capable of delivering the necessary volume and pressure. Secondly, the increasing adoption of advanced manufacturing processes and automation in various industries has led to a higher demand for high-power compressors. These compressors are essential for powering pneumatic tools, controlling processes, and providing a reliable source of compressed air for various applications. Additionally, the segment of stationary electric compressors with a power rating above 500 kW offers advantages such as higher efficiency, improved performance, and enhanced durability. These compressors are designed to handle heavy-duty operations and can operate continuously without compromising their performance. Moreover, advancements in technology have led to the development of more energy-efficient compressors in this power range, further driving their demand. The need for high-power compressors is expected to continue growing in industries such as manufacturing, construction, and mining, where large-scale operations require a reliable and efficient source of compressed air or gas. Manufacturers in this segment are also investing in research and development to introduce innovative features and technologies that enhance the performance and energy efficiency of high-power compressors, solidifying their dominance in the market.


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Regional Insights

In 2023, the Asia Pacific region dominated the stationary electric compressors market and is expected to maintain its dominance during the forecast period. The Asia Pacific region accounted for the largest market share in 2023, driven by several factors.  The region has witnessed significant industrial growth, particularly in countries like China, India, and Japan. These countries have a strong presence in industries such as manufacturing, oil and gas, and construction, which are major users of stationary electric compressors. The increasing demand for compressed air or gas in these industries has propelled the growth of the market in the region.

the Asia Pacific region has been experiencing rapid urbanization and infrastructure development, leading to a surge in construction activities. Stationary electric compressors are extensively used in construction projects for tasks such as powering pneumatic tools, operating machinery, and providing compressed air for various applications. The booming construction sector in the region has contributed significantly to the dominance of the stationary electric compressors market.

the Asia Pacific region has been witnessing a rise in manufacturing activities, driven by factors such as favorable government policies, availability of skilled labor, and growing consumer demand. Manufacturing industries require a reliable and efficient source of compressed air or gas for their operations, making stationary electric compressors an essential component. The increasing focus on automation and energy efficiency in manufacturing processes has further boosted the demand for stationary electric compressors in the region.

The Asia Pacific region has seen significant investments in sectors such as oil and gas, petrochemicals, and power generation. These industries heavily rely on stationary electric compressors for their operations, including gas compression, process control, and power generation. The presence of major players in these sectors and the continuous investments in infrastructure development are expected to maintain the dominance of the Asia Pacific region in the stationary electric compressors market during the forecast period.

The Asia Pacific region's dominance in the stationary electric compressors market in 2023 is expected to continue in the forecast period due to its robust industrial growth, construction activities, manufacturing expansion, and investments in key sectors.

Recent Developments

  • In August 2023, Atlas Copco will inaugurate a new factory in Talegaon dedicated to manufacturing air and gas compressor systems for both local and export markets. The facility comprises a manufacturing plant and office building spanning approximately 25,000 square meters. Scheduled for completion by Q2, 2024, the new facility will create employment opportunities for over 200 individuals and significantly enhance production capacity.

Key Market Players

  • Atlas Copco UK Holdings
  • ELGi Equipments Ltd
  • Ingersoll Rand Inc
  • Doosan Bobcat Inc
  • Hitachi Global Air Power US, LLC
  • Kaeser Compressors, Inc
  • Kobe Steel, Ltd
  • Mitsubishi Heavy Industries, Ltd
  • General Electric Company
  • Emerson Electric Co.

 By Product Type  

By Power Rating

By End-Use Industry

By Region

  • Positive Displacement Compressors(Reciprocating Compressors, Rotary Compressors)
  • Dynamic/Centrifugal Compressor
  • Up to 100 kW
  • 101-300 kW
  • 301-500 kW
  • Above 500 kW
  • Oil & Gas
  • Power Generation
  • Manufacturing
  • Chemical & Petrochemical
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Stationary Electric Compressors Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Stationary Electric Compressors Market, By Product Type:

o   Positive Displacement Compressors

§  Reciprocating Compressors

§  Rotary Compressors

o   Dynamic/Centrifugal Compressor

  • Stationary Electric Compressors Market, By Power Rating:

o   Up to 100 kW

o   101-300 kW

o   301-500 kW

o   Above 500 kW

  • Stationary Electric Compressors Market, By End-Use Industry:

o   Oil & Gas

o   Power Generation

o   Manufacturing

o   Chemical & Petrochemical

o   Others

  • Stationary Electric Compressors Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

§  Turkey

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Stationary Electric Compressors Market.

Available Customizations:

Global Stationary Electric Compressors Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Stationary Electric Compressors Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Formulation of the Scope

2.4.  Assumptions and Limitations

2.5.  Sources of Research

2.5.1.    Secondary Research

2.5.2.    Primary Research

2.6.  Approach for the Market Study

2.6.1.    The Bottom-Up Approach

2.6.2.    The Top-Down Approach

2.7.  Methodology Followed for Calculation of Market Size & Market Shares

2.8.  Forecasting Methodology

2.8.1.    Data Triangulation & Validation

3.    Executive Summary

4.    Voice of Customer

5.    Global Stationary Electric Compressors Market Overview

6.    Global Stationary Electric Compressors Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product Type (Positive Displacement Compressors (Reciprocating Compressors, Rotary Compressors), Dynamic/Centrifugal Compressor)

6.2.2.    By Power Rating (Up to 100 kW, 101-300 kW, 301-500 kW, Above 500 kW)

6.2.3.    By End-Use Industry (Oil & Gas, Power Generation, Manufacturing, Chemical & Petrochemical, Others)

6.2.4.    By Region

6.3.  By Company (2023)

6.4.  Market Map

7.    North America Stationary Electric Compressors Market Outlook

7.1.  Market Size & Forecast      

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Product Type  

7.2.2.    By Power Rating

7.2.3.    By End-Use Industry

7.2.4.    By Country

7.3.  North America: Country Analysis

7.3.1.    United States Stationary Electric Compressors Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Product Type  

7.3.1.2.2.           By Power Rating

7.3.1.2.3.           By End-Use Industry

7.3.2.    Canada Stationary Electric Compressors Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Product Type  

7.3.2.2.2.           By Power Rating

7.3.2.2.3.           By End-Use Industry

7.3.3.    Mexico Stationary Electric Compressors Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Product Type  

7.3.3.2.2.           By Power Rating

7.3.3.2.3.           By End-Use Industry

8.    Europe Stationary Electric Compressors Market Outlook

8.1.  Market Size & Forecast      

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Product Type  

8.2.2.    By Power Rating

8.2.3.    By End-Use Industry

8.2.4.    By Country

8.3.  Europe: Country Analysis

8.3.1.    Germany Stationary Electric Compressors Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Product Type  

8.3.1.2.2.           By Power Rating

8.3.1.2.3.           By End-Use Industry

8.3.2.    United Kingdom Stationary Electric Compressors Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Product Type  

8.3.2.2.2.           By Power Rating

8.3.2.2.3.           By End-Use Industry

8.3.3.    Italy Stationary Electric Compressors Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Product Type  

8.3.3.2.2.           By Power Rating

8.3.3.2.3.           By End-Use Industry

8.3.4.    France Stationary Electric Compressors Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Product Type  

8.3.4.2.2.           By Power Rating

8.3.4.2.3.           By End-Use Industry

8.3.5.    Spain Stationary Electric Compressors Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Product Type  

8.3.5.2.2.           By Power Rating

8.3.5.2.3.           By End-Use Industry

9.    Asia-Pacific Stationary Electric Compressors Market Outlook

9.1.  Market Size & Forecast      

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Product Type  

9.2.2.    By Power Rating

9.2.3.    By End-Use Industry

9.2.4.    By Country

9.3.  Asia-Pacific: Country Analysis

9.3.1.    China Stationary Electric Compressors Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Product Type  

9.3.1.2.2.           By Power Rating

9.3.1.2.3.           By End-Use Industry

9.3.2.    India Stationary Electric Compressors Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Product Type  

9.3.2.2.2.           By Power Rating

9.3.2.2.3.           By End-Use Industry

9.3.3.    Japan Stationary Electric Compressors Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Product Type  

9.3.3.2.2.           By Power Rating

9.3.3.2.3.           By End-Use Industry

9.3.4.    South Korea Stationary Electric Compressors Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.           By Value

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.           By Product Type  

9.3.4.2.2.           By Power Rating

9.3.4.2.3.           By End-Use Industry

9.3.5.    Australia Stationary Electric Compressors Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.           By Value

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.           By Product Type  

9.3.5.2.2.           By Power Rating

9.3.5.2.3.           By End-Use Industry

10. South America Stationary Electric Compressors Market Outlook

10.1.            Market Size & Forecast        

10.1.1. By Value

10.2.            Market Share & Forecast

10.2.1. By Product Type  

10.2.2. By Power Rating

10.2.3. By End-Use Industry

10.2.4. By Country

10.3.            South America: Country Analysis

10.3.1. Brazil Stationary Electric Compressors Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Product Type  

10.3.1.2.2.         By Power Rating

10.3.1.2.3.         By End-Use Industry

10.3.2. Argentina Stationary Electric Compressors Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Product Type  

10.3.2.2.2.         By Power Rating

10.3.2.2.3.         By End-Use Industry

10.3.3. Colombia Stationary Electric Compressors Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Product Type  

10.3.3.2.2.         By Power Rating

10.3.3.2.3.         By End-Use Industry

11. Middle East and Africa Stationary Electric Compressors Market Outlook

11.1.            Market Size & Forecast        

11.1.1. By Value

11.2.            Market Share & Forecast

11.2.1. By Product Type  

11.2.2. By Power Rating

11.2.3. By End-Use Industry

11.2.4. By Country

11.3.            MEA: Country Analysis

11.3.1. South Africa Stationary Electric Compressors Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Value

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Product Type  

11.3.1.2.2.         By Power Rating

11.3.1.2.3.         By End-Use Industry

11.3.2. Saudi Arabia Stationary Electric Compressors Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Value

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Product Type  

11.3.2.2.2.         By Power Rating

11.3.2.2.3.         By End-Use Industry

11.3.3. UAE Stationary Electric Compressors Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Value

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Product Type  

11.3.3.2.2.         By Power Rating

11.3.3.2.3.         By End-Use Industry

11.3.4. Kuwait Stationary Electric Compressors Market Outlook

11.3.4.1.     Market Size & Forecast

11.3.4.1.1.         By Value

11.3.4.2.     Market Share & Forecast

11.3.4.2.1.         By Product Type  

11.3.4.2.2.         By Power Rating

11.3.4.2.3.         By End-Use Industry

11.3.5. Turkey Stationary Electric Compressors Market Outlook

11.3.5.1.     Market Size & Forecast

11.3.5.1.1.         By Value

11.3.5.2.     Market Share & Forecast

11.3.5.2.1.         By Product Type  

11.3.5.2.2.         By Power Rating

11.3.5.2.3.         By End-Use Industry

11.3.6. Egypt Stationary Electric Compressors Market Outlook

11.3.6.1.     Market Size & Forecast

11.3.6.1.1.         By Value

11.3.6.2.     Market Share & Forecast

11.3.6.2.1.         By Product Type  

11.3.6.2.2.         By Power Rating

11.3.6.2.3.         By End-Use Industry

12. Market Dynamics

12.1.            Drivers

12.2.            Challenges

13. Market Trends & Developments

14. Company Profiles

14.1.            Atlas Copco UK Holdings

14.1.1.            Business Overview

14.1.2.            Key Revenue and Financials  

14.1.3.            Recent Developments

14.1.4.            Key Personnel/Key Contact Person

14.1.5.            Key Product/Services Offered

14.2.            ELGi Equipments Limited

14.2.1.            Business Overview

14.2.2.            Key Revenue and Financials  

14.2.3.            Recent Developments

14.2.4.            Key Personnel/Key Contact Person

14.2.5.            Key Product/Services Offered

14.3.            Ingersoll Rand Inc

14.3.1.            Business Overview

14.3.2.            Key Revenue and Financials  

14.3.3.            Recent Developments

14.3.4.            Key Personnel/Key Contact Person

14.3.5.            Key Product/Services Offered

14.4.            Doosan Bobcat Inc

14.4.1.            Business Overview

14.4.2.            Key Revenue and Financials  

14.4.3.            Recent Developments

14.4.4.            Key Personnel/Key Contact Person

14.4.5.            Key Product/Services Offered

14.5.            Hitachi Global Air Power US, LLC

14.5.1.               Business Overview

14.5.2.               Key Revenue and Financials  

14.5.3.               Recent Developments

14.5.4.               Key Personnel/Key Contact Person

14.5.5.               Key Product/Services Offered

14.6.            Kaeser Compressors, Inc

14.6.1.               Business Overview

14.6.2.               Key Revenue and Financials  

14.6.3.               Recent Developments

14.6.4.               Key Personnel/Key Contact Person

14.6.5.               Key Product/Services Offered

14.7.            Kobe Steel, Ltd

14.7.1.               Business Overview

14.7.2.               Key Revenue and Financials  

14.7.3.               Recent Developments

14.7.4.               Key Personnel/Key Contact Person

14.7.5.               Key Product/Services Offered

14.8.            Mitsubishi Heavy Industries, Ltd

14.8.1.               Business Overview

14.8.2.               Key Revenue and Financials  

14.8.3.               Recent Developments

14.8.4.               Key Personnel/Key Contact Person

14.8.5.               Key Product/Services Offered

14.9.            General Electric Company

14.9.1.               Business Overview

14.9.2.               Key Revenue and Financials  

14.9.3.               Recent Developments

14.9.4.               Key Personnel/Key Contact Person

14.9.5.               Key Product/Services Offered

14.10.          Emerson Electric Co.

14.10.1.              Business Overview

14.10.2.              Key Revenue and Financials  

14.10.3.              Recent Developments

14.10.4.              Key Personnel/Key Contact Person

14.10.5.              Key Product/Services Offered

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Stationary Electric Compressors Market was USD 68.67 billion in 2023.

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The Above 500 kW segment led the Global Stationary Electric Compressors Market in 2023 due to the high demand for large-scale compression solutions in industries such as oil & gas, power generation, and manufacturing.

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Asia Pacific leads the Global Stationary Electric Compressors Market due to rapid industrialization, increasing demand from key sectors like manufacturing and chemicals, and growing investments in infrastructure development.

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The major drivers for the Global Stationary Electric Compressors Market are growing industrial automation demand fueled by Industry 4.0 adoption across manufacturing sectors. Stringent energy efficiency regulations driving the need for energy-efficient compressors.

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Parvati Sharma

Account Manager BD
Press Release

Stationary Electric Compressors Market to Grow with a CAGR of 3.79% Globally through to 2028

Nov, 2023

Stationary Electric Compressors is increasing due to growing industrialization and urbanization in the forecast period, 2024-2028.