Oil & Gas Equipment & Services · Indirect
Monitoring · monthly
Procurement Category Intelligence

Reciprocating Compressors - Oil and Gas

Overview
Market size
$6,200
global, USD
CAGR
4.3%
base to forecast
Buyer power
-2.6
supplier-favoured
Suppliers
6
tracked players
Signals
12
2 high severity

Market outlook

2031$7653

What changed

Demand by region

North America demand35%
Middle East and Africa demand25%
Asia Pacific demand20%
Europe demand12%
Rest of world demand8%
share of global demandtotal 100%

Cost drivers

Raw Materials and Components (Steel, Forgings, Castings)40%
Direct Engineering and Manufacturing Labor25%
Machining, Assembly, and Testing Facilities Overhead15%
Logistics, Global Freight, and Commissioning12%
Energy and Auxiliary Utilities8%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked