Oil and Gas Compressor Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Oil and Gas Compressor Market is Segmented by Type (Reciprocating and Screw), Application (Upstream, Downstream, and Midstream), and Geography (North America, Europe, Asia-Pacific, South America, and the Middle East and Africa). The report offers the market size and forecasts in revenue (USD) for all the above segments.

Oil and Gas Compressor Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Oil and Gas Compressor Market Size

Oil And Gas Industry Gas Compressor Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 1.92 Billion
Market Size (2030) USD 2.24 Billion
CAGR (2025 - 2030) 3.13 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Medium

Major Players

Oil And Gas Industry Gas Compressor Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Oil and Gas Compressor Market Analysis

The Oil And Gas Industry Gas Compressor Market size is estimated at USD 1.92 billion in 2025, and is expected to reach USD 2.24 billion by 2030, at a CAGR of 3.13% during the forecast period (2025-2030).

  • Over the long term, the market is largely driven by the growth in natural gas consumption for various applications, which has led to more gas production and transmission projects and reasonable natural gas prices in the current scenario, which has a positive impact on the upstream sector.
  • On the other hand, the growing penetration of renewables in the energy sector offers stiff competition to natural gas consumption and thus impedes the growth of gas compressor deployment in numerous applications.
  • Nevertheless, the increase in natural gas proved reserves, particularly offshore gas fields in the recent picture, places a tremendous opportunity for the gas compressor market. The very recent Russian group's Lukoil's oil and gas field discovery off the coast of Mexico is an example of the same. The new upcoming producing fields will lead to a greater deployment of gas compressors for gathering lines.

Oil and Gas Compressor Industry Overview

The oil and gas industry's gas compressor market is semi-consolidated. Some of the major companies (in no particular order) include Atlas Copco AB, Ariel Corporation, Bauer Compressor Inc., Clean Energy Fuels Corp., and Ingersoll Rand PLC, among others.

Atlas Copco AB has adopted many strategies like focus on research and development, increase market coverage, increase operational efficiency, develop new sustainable products and solutions offering better value and improved energy efficiency. As an example, in February 2023, the company launched its next generation GA and GA+fixed speed smart industrial air compressors,. Such technological innovations would enable the company to better respond to the changing needs of the industrial customers with diversified product portfolio. These new type of compressors can also be used for clean energy applications like natural gas processing, and hydrogen production.​

Oil and Gas Compressor Market Leaders

  1. Ariel Corporation

  2. BAUER Compressors Inc.

  3. Ingersoll Rand PLC

  4. Clean Energy Fuels Corp.

  5. Atlas Copco AB

  6. *Disclaimer: Major Players sorted in no particular order
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Oil and Gas Compressor Market News

  • April 2023: Oilfield services specialist Baker Hughes has been awarded a contract to supply partner QatarEnergy with two main refrigerant compressors (MRCs) for Qatar's North Field South (NFS) project. Qatargas will execute the expansion project. Each MRC train will consist of three Frame 9E DLN Ultra Low NOx gas turbines and six centrifugal compressors across two LNG trains for a total scope of supply of six gas turbines to drive 12 compressors.
  • January 2022: Industrial gas technology specialist Burckhardt Compression (Burckhardt) bagged a gas compressor supply contract from TECNIMONT SpA and Tecnimont Private Ltd. to provide compression solutions for the IOCL's upcoming polypropylene plant in Bihar, India. The company is expected to provide EPC and commissioning services for the compression systems.

Oil and Gas Compressor Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD, till 2028
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Growth in Natural Gas Consumption for Various Applications
    • 4.5.2 Restraints
    • 4.5.2.1 Growing Penetration of Renewables in the Energy Sector
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitute Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Reciprocating
    • 5.1.2 Screw
  • 5.2 Application
    • 5.2.1 Upstream
    • 5.2.2 Downstream
    • 5.2.3 Midstream
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 France
    • 5.3.2.3 Spain
    • 5.3.2.4 United Kingdom
    • 5.3.2.5 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 India
    • 5.3.3.3 Malaysia
    • 5.3.3.4 Indonesia
    • 5.3.3.5 Rest of Asia-Pacifc
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Colombia
    • 5.3.4.4 Rest of South America
    • 5.3.5 Middle East & Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 United Arab Emirated
    • 5.3.5.3 Nigeria
    • 5.3.5.4 South Africa
    • 5.3.5.5 Rest of Middle East & Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Ariel Corporation
    • 6.3.2 Atlas Corporation AB
    • 6.3.3 Bauer Compressors Inc.
    • 6.3.4 Burckhardt Compression Holding AG
    • 6.3.5 Clean Energy Fuels Corp.
    • 6.3.6 General Electric Company
    • 6.3.7 HMS Group
    • 6.3.8 Howden Group Ltd
    • 6.3.9 Ingersoll Rand PLC
    • 6.3.10 Siemens AG
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Increase in Natural Gas Proved Reserves, Particularly Offshore Gas Fields
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Oil and Gas Compressor Industry Segmentation

A substance (usually a gas) is compressed by reducing its volume and increasing its pressure in a compressor. It is possible to use compressors in various applications that involve increasing the pressure within the gas storage container, such as compressing gases in petroleum refineries and chemical plants.

The oil and gas industry gas compressor market report is segmented by type, application, and geography (North America, Europe, Asia-Pacific, South America, the Middle East, and Africa). By type, the market is segmented into reciprocating and screw. By application, the market is segmented into upstream, downstream, and midstream. The report also covers the market size and forecasts for the oil and gas industry gas compressor market across the major countries in the region. For each segment, the market size and forecasts have been done based on revenue (USD).

Type Reciprocating
Screw
Application Upstream
Downstream
Midstream
Geography North America United States
Canada
Mexico
Europe Germany
France
Spain
United Kingdom
Rest of Europe
Asia-Pacific China
India
Malaysia
Indonesia
Rest of Asia-Pacifc
South America Brazil
Argentina
Colombia
Rest of South America
Middle East & Africa Saudi Arabia
United Arab Emirated
Nigeria
South Africa
Rest of Middle East & Africa
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Oil and Gas Compressor Market Research FAQs

How big is the Oil And Gas Industry Gas Compressor Market?

The Oil And Gas Industry Gas Compressor Market size is expected to reach USD 1.92 billion in 2025 and grow at a CAGR of 3.13% to reach USD 2.24 billion by 2030.

What is the current Oil And Gas Industry Gas Compressor Market size?

In 2025, the Oil And Gas Industry Gas Compressor Market size is expected to reach USD 1.92 billion.

Who are the key players in Oil And Gas Industry Gas Compressor Market?

Ariel Corporation, BAUER Compressors Inc., Ingersoll Rand PLC, Clean Energy Fuels Corp. and Atlas Copco AB are the major companies operating in the Oil And Gas Industry Gas Compressor Market.

Which is the fastest growing region in Oil And Gas Industry Gas Compressor Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Oil And Gas Industry Gas Compressor Market?

In 2025, the Asia Pacific accounts for the largest market share in Oil And Gas Industry Gas Compressor Market.

What years does this Oil And Gas Industry Gas Compressor Market cover, and what was the market size in 2024?

In 2024, the Oil And Gas Industry Gas Compressor Market size was estimated at USD 1.86 billion. The report covers the Oil And Gas Industry Gas Compressor Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Oil And Gas Industry Gas Compressor Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Oil and Gas Compressor Industry Report

Statistics for the 2025 Oil And Gas Industry Gas Compressor market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Oil And Gas Industry Gas Compressor analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.