Market Share of Oil And Gas Industry Gas Compressor Industry
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
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Ariel Corporation
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BAUER Compressors Inc.
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Ingersoll Rand PLC
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Clean Energy Fuels Corp.
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Atlas Copco AB
*Disclaimer: Major Players sorted in no particular order
