Manufacturing Components

Compressors: Market Size, Growth & Forecast to 2030

The Compressors market is valued at about $35 billion (2026) and is projected to grow at a 4.7% CAGR through 2030. The largest cost driver is Raw Materials (Cast Iron, Steel, Copper, Aluminum) (45% of spend). Asia Pacific leads demand at 40%.

Market size
$35.0 bn (2026)
CAGR to 2030
+4.7%
Buyer power
Favours buyers
Tracked suppliers
45

Projected market growth to 2030

Market size index, 2026 = 100, at the 4.7% CAGR.

1261171091001002026104.72027109.62028114.82029120.22030125.82031

Cost structure

Raw Materials (Cast Iron, Steel, Copper, Aluminum)
45%
Critical Components & Rare Earth Elements
15%
Manufacturing Labor & Overhead
20%
Energy & Utilities
10%
Logistics & Delivered Freight
10%

Regional demand split

Asia Pacific demand
40%
North America demand
25%
Europe demand
20%
Middle East & Africa demand
10%
Rest of world demand
5%

Key suppliers

Atlas CopcoIngersoll RandSullairKaeser Compressors
Read the full Compressors report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/compressors