The global market size was valued at US$ 5.23 billion in 2024 and is projected to reach US$ 7.45 billion by 2030, at a CAGR of 6.1% during the forecast period 2024-2030.
The United States market size was valued at US$ 1.45 billion in 2024 and is projected to reach US$ 1.98 billion by 2030, at a CAGR of 5.3% during the forecast period 2024-2030.
Compressors for natural gas transmission systems.
Unit installations reached 8,500 in 2023. Electric-driven systems grow at 7.4% annually. Market saw 35% increase in efficiency improvements. Standards implemented in 45 countries. Future projects worth US$ 1.78 billion by 2026. North America leads with 38% market share.
Report Overview
A reciprocating compressor is a positive-displacement machine that uses a piston to compress the gas and deliver it at high pressure.
This report provides a deep insight into the global Transmission Compressor market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Transmission Compressor Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Transmission Compressor market in any manner.
Global Transmission Compressor Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Caterpillar, Inc
GE
Siemens
Gazprom
Cummins
Market Segmentation (by Type)
Reciprocating
Rotary
Centrifugal
Axial Flow
Market Segmentation (by Application)
Artificial Lift
Gas Processing Station
LNG & FPS
Storage & Facilities
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Transmission Compressor Market
Overview of the regional outlook of the Transmission Compressor Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter
TABLE OF CONTENTS
Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Transmission Compressor
1.2 Key Market Segments
1.2.1 Transmission Compressor Segment by Type
1.2.2 Transmission Compressor Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Transmission Compressor Market Overview
2.1 Global Market Overview
2.1.1 Global Transmission Compressor Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Transmission Compressor Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Transmission Compressor Market Competitive Landscape
3.1 Global Transmission Compressor Sales by Manufacturers (2019-2024)
3.2 Global Transmission Compressor Revenue Market Share by Manufacturers (2019-2024)
3.3 Transmission Compressor Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Transmission Compressor Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Transmission Compressor Sales Sites, Area Served, Product Type
3.6 Transmission Compressor Market Competitive Situation and Trends
3.6.1 Transmission Compressor Market Concentration Rate
3.6.2 Global 5 and 10 Largest Transmission Compressor Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Transmission Compressor Industry Chain Analysis
4.1 Transmission Compressor Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Transmission Compressor Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Transmission Compressor Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Transmission Compressor Sales Market Share by Type (2019-2024)
6.3 Global Transmission Compressor Market Size Market Share by Type (2019-2024)
6.4 Global Transmission Compressor Price by Type (2019-2024)
7 Transmission Compressor Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Transmission Compressor Market Sales by Application (2019-2024)
7.3 Global Transmission Compressor Market Size (M USD) by Application (2019-2024)
7.4 Global Transmission Compressor Sales Growth Rate by Application (2019-2024)
8 Transmission Compressor Market Segmentation by Region
8.1 Global Transmission Compressor Sales by Region
8.1.1 Global Transmission Compressor Sales by Region
8.1.2 Global Transmission Compressor Sales Market Share by Region
8.2 North America
8.2.1 North America Transmission Compressor Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Transmission Compressor Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Transmission Compressor Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Transmission Compressor Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Transmission Compressor Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Caterpillar, Inc
9.1.1 Caterpillar, Inc Transmission Compressor Basic Information
9.1.2 Caterpillar, Inc Transmission Compressor Product Overview
9.1.3 Caterpillar, Inc Transmission Compressor Product Market Performance
9.1.4 Caterpillar, Inc Business Overview
9.1.5 Caterpillar, Inc Transmission Compressor SWOT Analysis
9.1.6 Caterpillar, Inc Recent Developments
9.2 GE
9.2.1 GE Transmission Compressor Basic Information
9.2.2 GE Transmission Compressor Product Overview
9.2.3 GE Transmission Compressor Product Market Performance
9.2.4 GE Business Overview
9.2.5 GE Transmission Compressor SWOT Analysis
9.2.6 GE Recent Developments
9.3 Siemens
9.3.1 Siemens Transmission Compressor Basic Information
9.3.2 Siemens Transmission Compressor Product Overview
9.3.3 Siemens Transmission Compressor Product Market Performance
9.3.4 Siemens Transmission Compressor SWOT Analysis
9.3.5 Siemens Business Overview
9.3.6 Siemens Recent Developments
9.4 Gazprom
9.4.1 Gazprom Transmission Compressor Basic Information
9.4.2 Gazprom Transmission Compressor Product Overview
9.4.3 Gazprom Transmission Compressor Product Market Performance
9.4.4 Gazprom Business Overview
9.4.5 Gazprom Recent Developments
9.5 Cummins
9.5.1 Cummins Transmission Compressor Basic Information
9.5.2 Cummins Transmission Compressor Product Overview
9.5.3 Cummins Transmission Compressor Product Market Performance
9.5.4 Cummins Business Overview
9.5.5 Cummins Recent Developments
10 Transmission Compressor Market Forecast by Region
10.1 Global Transmission Compressor Market Size Forecast
10.2 Global Transmission Compressor Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Transmission Compressor Market Size Forecast by Country
10.2.3 Asia Pacific Transmission Compressor Market Size Forecast by Region
10.2.4 South America Transmission Compressor Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Transmission Compressor by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Transmission Compressor Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Transmission Compressor by Type (2025-2030)
11.1.2 Global Transmission Compressor Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Transmission Compressor by Type (2025-2030)
11.2 Global Transmission Compressor Market Forecast by Application (2025-2030)
11.2.1 Global Transmission Compressor Sales (K Units) Forecast by Application
11.2.2 Global Transmission Compressor Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings
LIST OF TABLES & FIGURES
List of Tables
Table 1. Introduction of the Type
Table 2. Introduction of the Application
Table 3. Market Size (M USD) Segment Executive Summary
Table 4. Transmission Compressor Market Size Comparison by Region (M USD)
Table 5. Global Transmission Compressor Sales (K Units) by Manufacturers (2019-2024)
Table 6. Global Transmission Compressor Sales Market Share by Manufacturers (2019-2024)
Table 7. Global Transmission Compressor Revenue (M USD) by Manufacturers (2019-2024)
Table 8. Global Transmission Compressor Revenue Share by Manufacturers (2019-2024)
Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Transmission Compressor as of 2022)
Table 10. Global Market Transmission Compressor Average Price (USD/Unit) of Key Manufacturers (2019-2024)
Table 11. Manufacturers Transmission Compressor Sales Sites and Area Served
Table 12. Manufacturers Transmission Compressor Product Type
Table 13. Global Transmission Compressor Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Mergers & Acquisitions, Expansion Plans
Table 15. Industry Chain Map of Transmission Compressor
Table 16. Market Overview of Key Raw Materials
Table 17. Midstream Market Analysis
Table 18. Downstream Customer Analysis
Table 19. Key Development Trends
Table 20. Driving Factors
Table 21. Transmission Compressor Market Challenges
Table 22. Global Transmission Compressor Sales by Type (K Units)
Table 23. Global Transmission Compressor Market Size by Type (M USD)
Table 24. Global Transmission Compressor Sales (K Units) by Type (2019-2024)
Table 25. Global Transmission Compressor Sales Market Share by Type (2019-2024)
Table 26. Global Transmission Compressor Market Size (M USD) by Type (2019-2024)
Table 27. Global Transmission Compressor Market Size Share by Type (2019-2024)
Table 28. Global Transmission Compressor Price (USD/Unit) by Type (2019-2024)
Table 29. Global Transmission Compressor Sales (K Units) by Application
Table 30. Global Transmission Compressor Market Size by Application
Table 31. Global Transmission Compressor Sales by Application (2019-2024) & (K Units)
Table 32. Global Transmission Compressor Sales Market Share by Application (2019-2024)
Table 33. Global Transmission Compressor Sales by Application (2019-2024) & (M USD)
Table 34. Global Transmission Compressor Market Share by Application (2019-2024)
Table 35. Global Transmission Compressor Sales Growth Rate by Application (2019-2024)
Table 36. Global Transmission Compressor Sales by Region (2019-2024) & (K Units)
Table 37. Global Transmission Compressor Sales Market Share by Region (2019-2024)
Table 38. North America Transmission Compressor Sales by Country (2019-2024) & (K Units)
Table 39. Europe Transmission Compressor Sales by Country (2019-2024) & (K Units)
Table 40. Asia Pacific Transmission Compressor Sales by Region (2019-2024) & (K Units)
Table 41. South America Transmission Compressor Sales by Country (2019-2024) & (K Units)
Table 42. Middle East and Africa Transmission Compressor Sales by Region (2019-2024) & (K Units)
Table 43. Caterpillar, Inc Transmission Compressor Basic Information
Table 44. Caterpillar, Inc Transmission Compressor Product Overview
Table 45. Caterpillar, Inc Transmission Compressor Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 46. Caterpillar, Inc Business Overview
Table 47. Caterpillar, Inc Transmission Compressor SWOT Analysis
Table 48. Caterpillar, Inc Recent Developments
Table 49. GE Transmission Compressor Basic Information
Table 50. GE Transmission Compressor Product Overview
Table 51. GE Transmission Compressor Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 52. GE Business Overview
Table 53. GE Transmission Compressor SWOT Analysis
Table 54. GE Recent Developments
Table 55. Siemens Transmission Compressor Basic Information
Table 56. Siemens Transmission Compressor Product Overview
Table 57. Siemens Transmission Compressor Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 58. Siemens Transmission Compressor SWOT Analysis
Table 59. Siemens Business Overview
Table 60. Siemens Recent Developments
Table 61. Gazprom Transmission Compressor Basic Information
Table 62. Gazprom Transmission Compressor Product Overview
Table 63. Gazprom Transmission Compressor Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 64. Gazprom Business Overview
Table 65. Gazprom Recent Developments
Table 66. Cummins Transmission Compressor Basic Information
Table 67. Cummins Transmission Compressor Product Overview
Table 68. Cummins Transmission Compressor Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 69. Cummins Business Overview
Table 70. Cummins Recent Developments
Table 71. Global Transmission Compressor Sales Forecast by Region (2025-2030) & (K Units)
Table 72. Global Transmission Compressor Market Size Forecast by Region (2025-2030) & (M USD)
Table 73. North America Transmission Compressor Sales Forecast by Country (2025-2030) & (K Units)
Table 74. North America Transmission Compressor Market Size Forecast by Country (2025-2030) & (M USD)
Table 75. Europe Transmission Compressor Sales Forecast by Country (2025-2030) & (K Units)
Table 76. Europe Transmission Compressor Market Size Forecast by Country (2025-2030) & (M USD)
Table 77. Asia Pacific Transmission Compressor Sales Forecast by Region (2025-2030) & (K Units)
Table 78. Asia Pacific Transmission Compressor Market Size Forecast by Region (2025-2030) & (M USD)
Table 79. South America Transmission Compressor Sales Forecast by Country (2025-2030) & (K Units)
Table 80. South America Transmission Compressor Market Size Forecast by Country (2025-2030) & (M USD)
Table 81. Middle East and Africa Transmission Compressor Consumption Forecast by Country (2025-2030) & (Units)
Table 82. Middle East and Africa Transmission Compressor Market Size Forecast by Country (2025-2030) & (M USD)
Table 83. Global Transmission Compressor Sales Forecast by Type (2025-2030) & (K Units)
Table 84. Global Transmission Compressor Market Size Forecast by Type (2025-2030) & (M USD)
Table 85. Global Transmission Compressor Price Forecast by Type (2025-2030) & (USD/Unit)
Table 86. Global Transmission Compressor Sales (K Units) Forecast by Application (2025-2030)
Table 87. Global Transmission Compressor Market Size Forecast by Application (2025-2030) & (M USD)
List of Figures
Figure 1. Product Picture of Transmission Compressor
Figure 2. Data Triangulation
Figure 3. Key Caveats
Figure 4. Global Transmission Compressor Market Size (M USD), 2019-2030
Figure 5. Global Transmission Compressor Market Size (M USD) (2019-2030)
Figure 6. Global Transmission Compressor Sales (K Units) & (2019-2030)
Figure 7. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 8. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 9. Evaluation Matrix of Regional Market Development Potential
Figure 10. Transmission Compressor Market Size by Country (M USD)
Figure 11. Transmission Compressor Sales Share by Manufacturers in 2023
Figure 12. Global Transmission Compressor Revenue Share by Manufacturers in 2023
Figure 13. Transmission Compressor Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2023
Figure 14. Global Market Transmission Compressor Average Price (USD/Unit) of Key Manufacturers in 2023
Figure 15. The Global 5 and 10 Largest Players: Market Share by Transmission Compressor Revenue in 2023
Figure 16. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 17. Global Transmission Compressor Market Share by Type
Figure 18. Sales Market Share of Transmission Compressor by Type (2019-2024)
Figure 19. Sales Market Share of Transmission Compressor by Type in 2023
Figure 20. Market Size Share of Transmission Compressor by Type (2019-2024)
Figure 21. Market Size Market Share of Transmission Compressor by Type in 2023
Figure 22. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 23. Global Transmission Compressor Market Share by Application
Figure 24. Global Transmission Compressor Sales Market Share by Application (2019-2024)
Figure 25. Global Transmission Compressor Sales Market Share by Application in 2023
Figure 26. Global Transmission Compressor Market Share by Application (2019-2024)
Figure 27. Global Transmission Compressor Market Share by Application in 2023
Figure 28. Global Transmission Compressor Sales Growth Rate by Application (2019-2024)
Figure 29. Global Transmission Compressor Sales Market Share by Region (2019-2024)
Figure 30. North America Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 31. North America Transmission Compressor Sales Market Share by Country in 2023
Figure 32. U.S. Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 33. Canada Transmission Compressor Sales (K Units) and Growth Rate (2019-2024)
Figure 34. Mexico Transmission Compressor Sales (Units) and Growth Rate (2019-2024)
Figure 35. Europe Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 36. Europe Transmission Compressor Sales Market Share by Country in 2023
Figure 37. Germany Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 38. France Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 39. U.K. Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 40. Italy Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 41. Russia Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 42. Asia Pacific Transmission Compressor Sales and Growth Rate (K Units)
Figure 43. Asia Pacific Transmission Compressor Sales Market Share by Region in 2023
Figure 44. China Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 45. Japan Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 46. South Korea Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 47. India Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 48. Southeast Asia Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 49. South America Transmission Compressor Sales and Growth Rate (K Units)
Figure 50. South America Transmission Compressor Sales Market Share by Country in 2023
Figure 51. Brazil Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 52. Argentina Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 53. Columbia Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 54. Middle East and Africa Transmission Compressor Sales and Growth Rate (K Units)
Figure 55. Middle East and Africa Transmission Compressor Sales Market Share by Region in 2023
Figure 56. Saudi Arabia Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 57. UAE Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 58. Egypt Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 59. Nigeria Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 60. South Africa Transmission Compressor Sales and Growth Rate (2019-2024) & (K Units)
Figure 61. Global Transmission Compressor Sales Forecast by Volume (2019-2030) & (K Units)
Figure 62. Global Transmission Compressor Market Size Forecast by Value (2019-2030) & (M USD)
Figure 63. Global Transmission Compressor Sales Market Share Forecast by Type (2025-2030)
Figure 64. Global Transmission Compressor Market Share Forecast by Type (2025-2030)
Figure 65. Global Transmission Compressor Sales Forecast by Application (2025-2030)
Figure 66. Global Transmission Compressor Market Share Forecast by Application (2025-2030)
