V Shaped Compressors Market by Type and Geography - Forecast and Analysis 2022-2026

Published: Jan 2022 Pages: 120 SKU: IRTNTR72171

The V-shaped compressors market share is expected to increase by USD 185.50 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 2.38%.

This V-shaped compressors market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers V-shaped compressors market segmentation by type (stationary V-shaped compressors and portable V-shaped compressors) and geography (APAC, North America, Europe, South America, and MEA). The V-shaped compressors market report also offers information on several market vendors, including Airpack Holding B.V. , Alkin Kompresor San. ve Tic.Ltd., BAUER COMP Holding GmbH, BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG, Dalgakiran Makine San. ve Tic. A.S., Fornovo Gas S.p.A., Ingersoll Rand Inc., J.P. Sauer and Sohn Maschinenbau GmbH, Mehmet Ozen Mak. San. Ve Tic. A.S., and Sumake Industrial Co. Ltd. among others.

What will the V-Shaped Compressors Market Size be During the Forecast Period?

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V-Shaped Compressors Market: Key Drivers, Trends, and Challenges

The growing popularity of rental services is notably driving the V-shaped compressors market growth, although factors such as the growing popularity of rental services may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the V-shaped compressors industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key V-Shaped Compressors Market Driver

One of the key factors driving growth in the V-shaped compressors market is the growing end-user investments in APAC. The availability of low-cost raw- materials, the easy availability of labor resources, advantageous demographic conditions, the high demand for industrial products, and low manufacturing costs support the high growth potential of V-shaped compressor manufacturers in Asian countries such as China and India. Apart from that, the advantage of low manufacturing costs in APAC has encouraged end-user companies from the developed region to invest in new projects, which will provide ample opportunities for the adoption of V-shaped compressors. The growing number of projects by end-user industries helps V-shaped compressor manufacturers from APAC to gain or retain a competitive edge in the global V-shaped compressors market. Key developing economies in APAC, such as China, India, Indonesia, Malaysia, and the Philippines, have witnessed an increase in the demand for V-shaped compressors. Growing investments in greenfield and brownfield projects have led to significant demand for V-shaped compressors in APAC which is providing growth momentum for the global V-shaped compressors market.

Key V-Shaped Compressors Market Trend

The development of eco-friendly and low-maintenance systems is another factor supporting the V-shaped compressors market share growth. Prominent players are developing eco-friendly and low-maintenance systems to encourage end-users to opt for next-generation products. The demand for innovative compressors that offer high cost-saving techniques and eliminate the need for supplementary devices has witnessed significant growth across various applications. The increasing focus of consumers on the total solution and lifecycle cost is providing new growth avenues for energy-efficient air compressors. Additionally, the increasing use of compressed air in industrial power tools such as powering pneumatic tools, packaging and automation equipment, and conveyors is also driving the market growth.

Key V-Shaped Compressors Market Challenge

The growing popularity of rental services will be a major challenge for the V-shaped compressors market during the forecast period. Renting customized compressors offers improved cost advantage and reduces additional repair costs resulting from system breakdowns. Customized air compressor rental systems are used in various end-user industries, such as oil and gas, medical, and construction. Technologically advanced air compressors are preferred as pneumatic power tools in commercial applications. They are used as jackhammers, pneumatic drills, pneumatic nail guns, and air saws, among others. Thus, the rising demand for these pneumatic tools in the construction and manufacturing industries is increasing the demand for compressors such as V-shaped compressors to operate. To reduce the construction cost, contractors use to hire compressors for rent. The growing rental service of compressors such as V-shaped compressors will hamper the growth of the market.

This V-shaped compressors market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global V-shaped compressors market as a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the V-shaped compressors market during the forecast period.

Who are the Major V-Shaped Compressors Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Airpack Holding B.V. 
  • Alkin Kompresor San. ve Tic.Ltd.
  • BAUER COMP Holding GmbH
  • BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG
  • Dalgakiran Makine San. ve Tic. A.S.
  • Fornovo Gas S.p.A.
  • Ingersoll Rand Inc.
  • J.P. Sauer and Sohn Maschinenbau GmbH
  • Mehmet Ozen Mak. San. Ve Tic. A.S.
  • Sumake Industrial Co. Ltd.

 

This statistical study of the V-shaped compressors market encompasses successful business strategies deployed by the key vendors. The V-shaped compressors market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Airpack Holding B.V. - The company offers products such as V type piston compressors

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The V-shaped compressors market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

V-Shaped Compressors Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the V-shaped compressors market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the industrial machinery market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Aftermarket and service
  • Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for V-Shaped Compressors Market?

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38% of the market's growth will originate from North America during the forecast period. The US is the key market for V-shaped compressors in North America. Market growth in this region will be faster than the growth of the market in other regions.

The increasing demand for electricity in countries such as India and China is expected to drive natural gas demand. This will facilitate the V-shaped compressors market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 has had significant impacts on the overall value chain of V-shaped compressors. It has impacted a wide range of activities within the value chain, including selling and distribution, raw material supply, after-sales services, and loss in demand. The foremost impact of COVID-19 on air compressors is a significant loss in revenue caused by a drop in the demand from end-user industries, which can be an obstructing factor for the V-shaped compressors market.

What are the Revenue-generating Type Segments in the V-Shaped Compressors Market?

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The V-shaped compressors market share growth by the stationary v-shaped compressors segment will be significant during the forecast period. The stationary V-shaped compressors segment accounted for over 50% market share in 2021. This is attributed to the high adoption of these compressors in the manufacturing sector. Additionally, in the oil and gas sector, these compressors are widely used for operating pneumatic equipment that is used for pipeline, oil extraction and refining, and other processes. Thus, rising investments in such sectors for more automation and expansion are expected to drive the demand for stationary V-shaped compressors.

This report provides an accurate prediction of the contribution of all the segments to the growth of the V-shaped compressors market size and actionable market insights on post COVID-19 impact on each segment.

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Gas Compressors market - The market share is expected to increase by USD 1.83 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 3.94%.

Compressors market - The market share value is projected to grow by $ 10.31 bn at a CAGR of 2.67% during 2021-2025.

Portable Air Compressors market - The market share is expected to increase to USD 2.01 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 3.51%.

Air Compressors market - The market share is expected to increase by USD 6.93 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 3.95%.

V Shaped Compressors Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 2.38%

Market growth 2022-2026

$ 185.50 million

Market structure

Fragmented

YoY growth (%)

1.56

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

North America at 38%

Key consumer countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Airpack Holding B.V. , Alkin Kompresor San. ve Tic.Ltd., BAUER COMP Holding GmbH, BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG, Dalgakiran Makine San. ve Tic. A.S., Fornovo Gas S.p.A., Ingersoll Rand Inc., J.P. Sauer and Sohn Maschinenbau GmbH, Mehmet Ozen Mak. San. Ve Tic. A.S., and Sumake Industrial Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this V-Shaped Compressors Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive V shaped compressors market growth during the next five years
  • Precise estimation of the V shaped compressors market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the V shaped compressors industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of V shaped compressors market vendors

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***1. Executive Summary                         

               **1.1     Market Overview            

                              *Exhibit 01:  Key Finding 1

                              *Exhibit 02:  Key Finding 2

                              *Exhibit 03:  Key Finding 3

                              *Exhibit 04:  Key Finding 5

                              *Exhibit 05:  Key Finding 6

                              *Exhibit 06:  Key Finding 7

                              *Exhibit 07:  Key Finding 8

***2. Market Landscape             

                    **2.1 Market ecosystem        

                              *2.1.1 Parent Market

                              *Exhibit 08  Parent market

                              *Exhibit 09:  Market characteristics

               **2.2 Value Chain Analysis          

                              *Exhibit 10:  Value Chain Analysis: Industrial Machinery

                              *2.2.1    Inputs

                              *2.2.2    Inbound logistics

                              *2.2.3    Operations

                              *2.2.4    Outbound logistics

                              *2.2.5    Marketing and sales

                              *2.2.6    Aftermarket and service

                              *2.2.7    Industry innovations

***3. Market Sizing                      

               **3.1 Market definition

                              *Exhibit 11:  Offerings of vendors included in the market definition

               **3.2 Market segment analysis  

                              *Exhibit 12:  Market segments

               **3.3 Market size 2021 

               **3.4 Market outlook: Forecast for 2021 - 2026 

                              *Exhibit 13:  Global - Market size and forecast 2021 - 2026 ($ million)

                              *Exhibit 14:  Global market: Year-over-year growth 20201 - 2026 (%)

***4. Five Forces Analysis                         

               **4.1 Five Forces Summary         

                              *Exhibit 15:  Five forces analysis 2021 & 2026

               **4.2 Bargaining power of buyers            

                              *Exhibit 16: Bargaining power of the buyer

               **4.3 Bargaining power of suppliers        

                              *Exhibit 17: Bargaining power of the supplier

               **4.4 Threat of new entrants     

                              *Exhibit 18: Threat of new entrants

               **4.5 Threat of substitutes          

                              *Exhibit 19: Threat of substitutes

               **4.6 Threat of rivalry   

                              *Exhibit 20: Threat of rivalry

               **4.7 Market condition 

                              *Exhibit 21: Market condition - Five forces 2021

***5. Market Segmentation by  Type    

               **5.1 Market segments

                              *Exhibit 22:  Type - Market share 2021-2026 (%)

               **5.2 Comparison by Type          

                              *Exhibit 23:  Comparison by Type

               **5.3 Stationary V-shaped compressors - Market size and forecast 2021-2026     

                              *Exhibit 24:  Stationary V-shaped compressors - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 25:  Stationary V-shaped compressors - Year-over-year growth 2021-2026 (%)

               **5.4 Portable V-shaped compressors - Market size and forecast 2021-2026         

                              *Exhibit 26:  Portable V-shaped compressors - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 27:  Portable V-shaped compressors - Year-over-year growth 2021-2026 (%)

               **5.5 Market opportunity by Type          

                              *Exhibit 28:  Market opportunity by Type

***6. Customer landscape                        

                              *Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

               **6.1 Overview

                              *Exhibit 29:  Customer landscape

***7. Geographic Landscape                    

               **7.1 Geographic segmentation

                              *Exhibit 30:  Market share by geography 2021-2026 (%)

               **7.2 Geographic comparison    

                              *Exhibit 31:  Geographic comparison

               **7.3 APAC - Market size and forecast 2021-2026             

                              *Exhibit 32:  APAC - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 33:  APAC - Year-over-year growth 2021-2026 (%)

               **7.4 North America - Market size and forecast 2021-2026          

                              *Exhibit 34:  North America - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 35:  North America - Year-over-year growth 2021-2026 (%)

               **7.5 Europe - Market size and forecast 2021-2026         

                              *Exhibit 36:  Europe - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 37:  Europe - Year-over-year growth 2021-2026 (%)

               **7.6 South America- Market size and forecast 2021-2026           

                              *Exhibit 38:  South America - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 39:  South America - Year-over-year growth 2021-2026 (%)

               **7.7 MEA - Market size and forecast 2021-2026              

                              *Exhibit 40:  MEA - Market size and forecast 2021-2026 ($ million)

                              *Exhibit 41:  MEA- Year-over-year growth 2021-2026 (%)

               **7.8 Key leading countries        

                              *Exhibit 42:  Key leading countries

               **7.9 Market opportunity by geography

                              *Exhibit 43  Market opportunity by geography ($ million)

***8. Drivers, Challenges, and Trends                  

               **8.1 Market drivers      

                              *8.1.1    Growing end-user investments in APAC

                              *8.1.2    Growing pipeline network for natural gas

                              *8.1.3    Easy maintenance and cost-effective in comparison to other compressor

               **8.2 Market challenges              

                              *8.2.1    Growing popularity of rental services

                              *8.2.2    High noise factor

                              *8.2.3    High installation cost

                              *Exhibit 44:  Impact of drivers and challenges

               **8.3 Market trends      

                              *8.3.1    Development of eco-friendly and low-maintenance systems

                              *8.3.2    Rising demand for robust and energy-efficient equipment in industries

                              *8.3.3    Integration of air monitoring systems

***9. Vendor Landscape                            

               **9.1 Overview

                              *Exhibit 45:  Vendor landscape

               **9.2 Landscape disruption         

                              *Exhibit 46:  Landscape disruption

                              *Exhibit 47: Industry Risk

               **9.3 Competitive Scenario        

***10. Vendor Analysis               

               **10.1 Vendors covered              

                              *Exhibit 48: Vendors covered

               **10.2 Market positioning of vendors    

                              *Exhibit 49: ?Market positioning of vendors?

               **10.3 Airpack Holding B.V.       

                              *Exhibit 50:  Airpack Holding B.V.  - Overview

                              *Exhibit 51:  Airpack Holding B.V.  - Product and service

                              *Exhibit 52:  Airpack Holding B.V.  - Key offerings

               **10.4 Alkin Kompresor San. ve Tic.Ltd. 

                              *Exhibit 53:  Alkin Kompresor San. ve Tic.Ltd. - Overview

                              *Exhibit 54:  Alkin Kompresor San. ve Tic.Ltd. - Product and service

                              *Exhibit 55:  Alkin Kompresor San. ve Tic.Ltd. - Key offerings

               **10.5 BAUER COMP Holding GmbH       

                              *Exhibit 56:  BAUER COMP Holding GmbH - Overview

                              *Exhibit 57:  BAUER COMP Holding GmbH - Product and service

                              *Exhibit 58:  BAUER COMP Holding GmbH - Key offerings

               **10.6 BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG            

                              *Exhibit 59:  BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG - Overview

                              *Exhibit 60:  BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG - Product and service

                              *Exhibit 61:  BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG - Key offerings

               **10.7 Dalgakiran Makine San. ve Tic. A.S.           

                              *Exhibit 62:  Dalgakiran Makine San. ve Tic. A.S.  - Overview

                              *Exhibit 63:  Dalgakiran Makine San. ve Tic. A.S.  - Product and service

                              *Exhibit 64:  Dalgakiran Makine San. ve Tic. A.S.  - Key offerings

               **10.8 Fornovo Gas S.p.A.          

                              *Exhibit 65:  Fornovo Gas S.p.A. - Overview

                              *Exhibit 65:  Fornovo Gas S.p.A. - Overview

                              *Exhibit 67:  Fornovo Gas S.p.A. - Key offerings

               **10.9 Ingersoll Rand Inc.           

                              *Exhibit 68:  Ingersoll Rand Inc. - Overview

                              *Exhibit 69:  Ingersoll Rand Inc. - Business segments

                              *Exhibit 70:  Ingersoll Rand Inc. – Key news

                              *Exhibit 71:  Ingersoll Rand Inc. - Key offerings

                              *Exhibit 72:  Ingersoll Rand Inc. - Segment focus

               **10.10  J.P. Sauer and Sohn Maschinenbau GmbH

               **Exhibit 73:  J.P. Sauer and Sohn Maschinenbau GmbH - Overview         

               **Exhibit 74:  J.P. Sauer and Sohn Maschinenbau GmbH - Product and service 

               **Exhibit 75:  J.P.. Sauer and Sohn Maschinenbu GmbH – Key news          

               **Exhibit 76:  J.P. Sauer and Sohn Maschinenbau GmbH - Key offerings  

               **10.11 Mehmet Ozen Mak. San. Ve Tic. A.S.      

                              *Exhibit 77:  Mehmet Ozen Mak. San. Ve Tic. A.S. - Overview

                              *Exhibit 78:  Mehmet Ozen Mak. San. Ve Tic. A.S. - Product and service

                              *Exhibit 79:  Mehmet Ozen Mak. San. Ve Tic. A.S. - Key offerings

               **10.12 Sumake Industrial Co. Ltd.         

                              *Exhibit 80:  Sumake Industrial Co. Ltd. - Overview

                              *Exhibit 81:  Sumake Industrial Co. Ltd. - Product and service

                              *Exhibit 82:  Sumake Industrial Co. Ltd. - Key offerings

***11. Appendix                           

               **11.1 Scope of the report         

                              *11.1.1 ????Market definition

                              *11.1.2 ????Objectives

                              *11.1.3 ????Notes and caveats

               **11.2 Currency conversion rates for US$            

                              *Exhibit 83: ?Currency conversion rates for US$?

               **11.3 Research Methodology   

                              *Exhibit 84: ?Research Methodology

                              *Exhibit 85: ??Validation techniques employed for market sizing?

                              *Exhibit 86: ??Information sources

               **11.4 List of abbreviations        

                              *Exhibit 87: List of abbreviations

                             

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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