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Unlocking a $28.35 Billion Growth Opportunity in the Compressor Industry

How Is Your Compressor Strategy Powering the Next Wave of Industrial Growth?

Compressors – Industry Snapshot

  • 2024 Revenue: $24.6 billion
  • 2029 Projected Revenue: $28.35 billion
  • CAGR: 2.9%

As industries accelerate toward cleaner energy and digital transformation, compressors are becoming the backbone of reliability and performance. From carbon capture, utilization, and storage (CCUS) projects to EV infrastructure and next-generation manufacturing, they are enabling the efficiency, safety, and sustainability that modern industries demand.

How is your organization preparing to convert this transformation into long-term growth?

Frost & Sullivan’s analysis of the “Global Compressor Industry for 2025–2029” enables executives and decision-makers to align their strategies with emerging market disruptions and growth opportunities.

Highlights From the Analysis:

  • Global and regional revenue outlook through 2029 (North America, Europe, APAC, and more).

  • Growth drivers in hydrogen, CCUS, EV infrastructure, and clean energy applications.

  • Competitive benchmarking of leading Tier I compressor vendors.

  • Emerging business models, including Compressed Air as a Service (CAaaS).

  • R&D and technology innovations such as AI, digital twins, and additive manufacturing.

Access Your 2025 Compressor Outlook

Strategic Imperatives Driving Compressor Growth

Disruptive Technologies

  • Internet of Things (IoT)-enabled smart compressors enhancing efficiency and maintenance
  • Oil-free and Variable Speed Drive (VSD) designs advancing sustainability
  • Additive manufacturing enabling faster, customized solutions

Internal Challenges

  • Supply chain volatility increasing costs and operations
  • Skilled labor shortages driving automation and training needs
  • Modular designs and localized supply chains supporting scalability

Transformative Megatrends

  • Sustainability mandates accelerating adoption of eco-friendly adoption
  • Hydrogen and electrification trends reshaping technology requirements
  • CAaaS redefining engagement and revenue

How is your organization preparing to capture growth in the evolving compressors landscape?

Sign up for a complimentary Growth Pipeline Dialog™

A Growth Pipeline Dialog is a structured discussion with our growth experts providing unparalleled technology intelligence and proven implementation best practices. This discussion will spark innovative thinking and help generate a pipeline of growth opportunities you can leverage to maximize your company’s future growth potential.

Upon completing the dialog session, you will receive a $1,000 honorarium* as a token of our appreciation, which can be used towards the purchase of our products and services on store.frost.com.

*$1,000 honorarium is subject to eligibility

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