Gas compressors market seen reaching $9.4B by 2032

By AI, Created 12:56 PM UTC, May 29, 2026, /AGP/ – Allied Market Research says the global gas compressors market could rise from $5.9 billion in 2022 to $9.4 billion by 2032, driven by energy-efficiency demand and growth across oil and gas, automotive and industrial uses. The report also identifies Asia-Pacific as the biggest regional market and the Middle East and Africa as the fastest-growing.

Why it matters: - Gas compressors sit behind a wide range of industrial operations, from oil and gas processing to automotive fuel systems. - Allied Market Research projects the market to add $3.5 billion in value by 2032, signaling steady demand across core heavy-industry sectors. - Energy-efficient and oil-free systems are gaining importance as companies look to cut power use and match equipment to specific operating needs.

What happened: - Allied Market Research released a report on the global gas compressors market covering technology, lubrication type and end-user industry. - The report values the market at $5.9 billion in 2022. - The market is projected to reach $9.4 billion by 2032. - The forecast implies a 4.8% compound annual growth rate from 2023 to 2032. - The report covers positive displacement and dynamic displacement technologies, oil-based and oil-free lubrication types, and end users including oil & gas, chemical, automotive and others. - A sample copy of the report is available online. - A paid version of the research is also offered here.

The details: - Positive displacement led the market in 2022, with more than three-fifths of global revenue. - Positive displacement is expected to keep the top position through 2032. - Dynamic displacement is projected to post the fastest technology growth at 5% CAGR, helped by demand for centrifugal gas compressors in oil refineries and natural gas processing plants. - Oil-free compressors held nearly three-fourths of global revenue in 2022. - Oil-free compressors are projected to grow at a 5.2% CAGR through 2032, supported by availability across capacities and demand for clean compressed gas. - The oil and gas industry accounted for nearly half of market revenue in 2022. - Oil and gas is expected to remain the largest end-user segment through 2032. - The automotive segment is projected to grow the fastest at 5.6% CAGR, driven by compressed gas use in vehicles running on LPG or CNG. - Asia-Pacific held more than two-fifths of global revenue in 2022. - Asia-Pacific is expected to remain the largest regional market by 2032. - The Middle East and Africa region is projected to grow the fastest at 5.2% CAGR. - The report lists major market players including HAUG Sauer Kompressoren AG, IDEX CORPORATION, Siemens Energy, KAESER KOMPRESSOREN, Atlas Copco AB, Ingersoll Rand Inc., Burckhardt Compression Holding AG, Hitachi Ltd., BAUER COMPRESSORS, INC. and ARIEL CORPORATION.

Between the lines: - The report points to two clear demand centers: efficiency upgrades and sector-specific compressor configurations. - The strongest growth rates are coming from segments tied to cleaner compressed gas and to fuel transitions in transportation. - Regional momentum remains tied to industrialization in Asia-Pacific, while Middle East and Africa are gaining from manufacturing and broader industrial expansion. - The market mix suggests incumbents are competing on product launches, partnerships, expansion and acquisitions rather than on price alone.

What’s next: - The market is expected to expand steadily through 2032 as industrial activity, gas processing and automotive fuel demand support sales. - Competitive positioning will likely hinge on energy efficiency, product breadth and region-specific growth strategies. - Companies in the report are expected to keep pursuing launches, collaborations, expansion and acquisitions to defend share.

The bottom line: - Gas compressors remain a mature but growing industrial market, with the strongest gains likely to come from oil-free systems, automotive demand and faster-growing regions outside the current leaders.