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Integrally Geared Compressor Market
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Integrally Geared Compressor Market

Author: Swarup Sahu - Senior Consultant, Report ID - DS1402015, Published - January 2025

Segmented in Industry Application (Petrochemicals, Gas Processing, Power Generation, Industrial Manufacturing, Others), Product Type (Oil Free, Oil Injected), Technology, Capacity and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2034

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Global Integrally Geared Compressor
Market Outlook

The market, for Integrally geared compressor was estimated at $677.6 million in 2024; and it is anticipated to increase to $950.4 million by 2030 with projections indicating a growth to around $1.3 billion by 2035. This expansion represents a compound annual growth rate (CAGR) of 5.8% over the forecast period. Industries like oil and gas production and power generation rely significantly on machinery like Geared Compressors to carry out their tasks efficiently and effectively. Depending on machines such as Integrally Geared Compressors is essential for industries such as oil and gas production and power generation to operate smoothly. The increasing focus on concerns and the strict regulations regarding energy efficiency serve as drivers for the growth of the integrally geared compressor market. These factors highlight the growing significance of this market sector. Reinforce its dominance across various industry segments. The importance of Geared Compressors is crucial in industries like oil and gas production and power generation for their operations to function seamlessly. With a growing emphasis on awareness and stringent energy efficiency regulations in place the integrally geared compressor market continues to expand in response, to these industry demands.


The Integrally Geared Compressor stands out as a speed and multi stage machine recognized for its compact structure and strong performance reputation. Key attributes comprise dependability and reduced maintenance expenses along with a design tailored for diverse functions that boost energy efficiency. These compressors find ranging uses that go beyond simply delivering pressurized air—they also support operations in various industries such, as petrochemicals, fertilizers and the power sector.


Market Size Forecast & Key Insights

2019
$677M2024
2029
$1.2B2034

Absolute Growth Opportunity = $513M

The Integrally Geared Compressor market is projected to grow from $677.6 million in 2024 to $1.19 billion in 2034. This represents a CAGR of 5.8%, reflecting rising demand across Chemical and Petrochemical Industry, Polymer and Resin Manufacture and Air Separation Units.

The Integrally Geared Compressor market is set to add $513 million between 2024 and 2034, with manufacturer targeting Gas Processing & Power Generation Industry Application projected to gain a larger market share.

With Expanding petrochemical industry, and Increasing demand for energy-efficient compressors, Integrally Geared Compressor market to expand 76% between 2024 and 2034.

Opportunities in the Integrally Geared Compressor Market

Upgradation in Cooling Technologies

Innovations in advanced cooling technology call for machinery that can accommodate high pressures without compromising energy efficiency.

Expanding Industrialization and Implementation in Renewable Energy Sectors

As industries advance further into the era of industrialization the need for high performing machinery continues to rise steadily. Integrally Geared Compressors are gaining popularity due to their design energy saving features, and capability to provide pressurized air efficiently. It is anticipated that they will be increasingly utilized in sectors such as petrochemicals and power generation. The projected expansion of these industries in emerging markets like India and China presents a promising opportunity, for the growth of Integrally Geared Compressors.

The renewable energy sector is flourishing as the world shifts towards energy solutions. A notable trend in this sector is the utilization of Geared Compressors for power generation using renewable sources. These compressors are particularly important in solar power stations to supply the high pressure air needed for the process. The expansion of the energy industry presents a significant growth opportunity, for the Integrally Geared Compressor market.

Growth Opportunities in North America and Europe

Europe Outlook

The geared compressor market in Europe is seeing growth due to increased need in power generation and aerospace sectors as well as strict environmental rules favor energy efficient compressors usage. The focus is heavily placed on reaching CO2 emission targets which aligns with the demand for integrally geared compressors, in the region. Turbo Machinery International, MAN Energy Solutions and Neuman & Esser are players competing in this market. Europe offers possibilities in the offshore wind industry and its ongoing dedication to renewable energy is projected to drive significant demand, for integrally geared compressors in the coming years.

North America Outlook

The geared compressor market in North America is experiencing consistent growth due to the rising emphasis on energy efficient industrial solutions and the uptick in oil and gas exploration activities in the regions technological sector for compressor advancements. Key prospects for geared compressors in North America include the development of unconventional gas reserves and the shift towards cleaner energy systems, with lower carbon emissions. Significant factors influencing this market consist of the utilization of integrally geared compressors in sectors such as oil and gas as well as chemical and petrochemical industries. However the existence of rivalry among both local and global producers, like Atlas Copco, Sundyne and Siemens calls for careful strategic considerations to secure a favorable market position.

North America Outlook

The geared compressor market in North America is experiencing consistent growth due to the rising emphasis on energy efficient industrial solutions and the uptick in oil and gas exploration activities in the regions technological sector for compressor advancements. Key prospects for geared compressors in North America include the development of unconventional gas reserves and the shift towards cleaner energy systems, with lower carbon emissions. Significant factors influencing this market consist of the utilization of integrally geared compressors in sectors such as oil and gas as well as chemical and petrochemical industries. However the existence of rivalry among both local and global producers, like Atlas Copco, Sundyne and Siemens calls for careful strategic considerations to secure a favorable market position.

Europe Outlook

The geared compressor market in Europe is seeing growth due to increased need in power generation and aerospace sectors as well as strict environmental rules favor energy efficient compressors usage. The focus is heavily placed on reaching CO2 emission targets which aligns with the demand for integrally geared compressors, in the region. Turbo Machinery International, MAN Energy Solutions and Neuman & Esser are players competing in this market. Europe offers possibilities in the offshore wind industry and its ongoing dedication to renewable energy is projected to drive significant demand, for integrally geared compressors in the coming years.

Growth Opportunities in North America and Europe

Established and Emerging Market's Growth Trend 2025–2034

1

Major Markets : United States, Germany, China, Japan, India are expected to grow at 3.8% to 5.6% CAGR

2

Emerging Markets : Indonesia, Mexico, Saudi Arabia are expected to grow at 6.7% to 8.0% CAGR

Market Analysis Chart

The Integrally Geared Compressor market is shaped by factors that contribute to its progress and evolution in significant ways. On one side of the spectrum are factors like the rising need for compressors that save energy effectively and the wide range of applications these compressors have in sectors like chemicals and petroleum industries along with the oil & gas sector. Moreover¸ the advancing industrialization in developing nations is also playing a role, in driving the market towards growth.

Recent Developments and Technological Advancement

November 2024

Global technology company Atlas Copco launched their state of the art ProActive Service, for Geared Compressors. This service provides predictive maintenance and improved operational efficiency.

September 2024

Ingersoll Rand introduced a series of environmentally friendly integrally geared compressors that greatly reduce energy usage in line, with current global sustainability initiatives.

July 2024

Siemens Energy demonstrated creativity by introducing a enabled integrally geared compressor which is cloud connected and smart technology that enables real time performance monitoring to optimize operational productivity.

there have been advancements in the market for Integrally Geared Compressors that are known for their efficiency and power across various industries like petrochemicals and wastewater treatment plants due, to their compact size and capability to manage high pressure and volume demands.

Impact of Industry Transitions on the Integrally Geared Compressor Market

As a core segment of the Pumps, Motors & Valves industry, the Integrally Geared Compressor market develops in line with broader industry shifts. Over recent years, transitions such as Transition to High-Efficiency Equipment and Technological Advancements Driving Optimization have redefined priorities across the Pumps, Motors & Valves sector, influencing how the Integrally Geared Compressor market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Transition to High-Efficiency Equipment:

The industrial compressor sector has made progress in recent years with a focus on integrally geared compressors leading the way in advancements. The trend among companies is shifting towards machinery to reduce energy usage and improve performance levels. Geared compressors are favored for their efficiency and low maintenance requirements making them an excellent choice, for addressing these needs. This shift has allowed related sectors, like oil and gas well as petrochemical industries to reduce their expenses and enhance their overall profitability.

2

Technological Advancements Driving Optimization:

The second major shift involves the emergence of technologies like AI and ML . These innovations are now being incorporated into the development and function of geared compressors to enable proactive measures against possible equipment malfunctions and automatic tuning for optimal efficiency. Sectors such, as manufacturing and processing have seen advantages from this change experiencing higher production levels and decreased downtime.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the Pumps, Motors & Valves industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the Pumps, Motors & Valves industry cascade into the Integrally Geared Compressor market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: Expanding Petrochemical Industry, and Widespread Use in Refrigeration Systems

The growth of the petrochemical sector plays a role in driving the Integrally Geared Compressor market forward as these compressors are also essential in petrochemical operations such as chemical synthesis and gas compression due to their efficiency and endurance against high pressure inputs; hence making them a favored choice, in this thriving industry.
Integrally Geared Compressors are also commonly utilized in refrigeration and air conditioning systems because of their energy saving features and precise capacity adjustment making them well suited for applications.
The increasing need for compressors that are also energy efficient is also driving the expansion of the Integrally Geared Compressor market as well. As time goes by companies have also come to understand the significance of energy efficiency, in cutting down expenses and reducing environmental harm. Integrally Geared Compressors stand out for their energy efficiency when compared to other compressor varieties and this is also likely to enhance their uptake in the market.

Restraint: High Initial Investment Costs

The Integrally Geared Compressor is seen as an investment for the long run because of its expensive upfront pricing and installation costs. Even though they are quite effective and can lead to savings down the line the initial cost might discourage potential purchasers, especially smaller, to medium sized businesses operating with restricted funds. This element could pose a barrier in terms of market demand significantly impacting the overall dynamics.

Challenge: Specialized Maintenance Requirements

Integrally Geared Compressors are known for their design and intricate nature which suggests that handling their maintenance and repair requires specific expertise and know how. Having a shortage of skilled workers and the substantial expenses associated with the upkeep of these compressors can pose significant operational hurdles for companies. As a result of this scenario emerges as a limitation, in the market that affects the adoption and usage of Integrally Geared Compressors across various industry sectors.

Supply Chain Landscape

Raw Materials Procurement

Thyssenkrupp

ArcelorMittal

Component Manufacture

Siemens

Atlas Copco

Assembly & Testing
Sundyne / Ingersoll Rand
End-User Industry
Petrochemical / Aerospace / HVAC
Raw Materials Procurement

Thyssenkrupp

ArcelorMittal

Component Manufacture

Siemens

Atlas Copco

Assembly & Testing

Sundyne

Ingersoll Rand

End-User Industry

Petrochemical

Aerospace

HVAC

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Leading Providers and Their Strategies

Application AreaIndustryLeading Providers / ConsumersProvider Strategies
Oil and Gas Processing
Energy
Siemens
Offering high-efficiency integrally geared compressors with advanced engineering to increase productivity and reduce operating expenses
Refineries
Petrochemical
Ingersoll Rand
Constant innovation in technology and design of integrally geared compressors to handle rigorous refinery processes and lower the environmental impact
Air Separation
Manufacturing
Atlas Copco
Specializing in providing low maintenance and energy-efficient integrally geared compressors perfect for high capacity air separation plants
Chemical Processing
Chemical
Sundyne
Delivering robust and compact integrally geared compressors specifically designed to address complex chemical processing needs and to achieve product purity

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Integrally Geared Compressor market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Integrally Geared Compressor in Polymer and Resin Manufacture, Air Separation Units and Chemical and Petrochemical Industry

Polymer and Resin Manufacture

In the production of polymers and resins Integrally Geared Compressors are commonly used during stages such as polymerization filling and vent ing. Leading companies, like MAN Energy Solutions and Hitachi excel in this sector by offering geared compressors known for their high efficiency reliable performance and safety features, which have established their strong presence in the market.

Air Separation Units

Geared compressors are widely used in Air Separation Units for the unique needs of air separation processes that extract pure gases from the atmosphere. Multistage geared compressors are highly sought after, for this purpose with Siemens and Elliott Group being well known suppliers of these efficient compressors. Their offerings enable units to run at increased capacities while consuming power.

Chemical and Petrochemical Industry

Integrally Geared Compressors are commonly employed in operations in the chemical and petrochemical sector. These compressors are typically stage or two stage varieties and play a vital role in tasks like air separation, gas lift and carbon dioxide compression. Known corporations such, as Atlas Copco and Sundyne dominate this market with their integrally geared compressors that boast of reduced energy consumption increased productivity and enhanced dependability.

Integrally Geared Compressor vs. Substitutes:
Performance and Positioning Analysis

An Integrally Geared Compressor offers efficiency and performance, in high pressure scenarios than other options do—it is particularly well suited for energy intensive industries and shows promise in the realm of green technology sectors.

Integrally Geared Compressor
  • Centrifugal Compressor /
  • Axial Flow Compressor /
  • Reciprocating Compressor
    High efficiency, optimal performance at variable load conditions
    High installation costs, requirement for regular maintenance
    High energy efficiency, compact design
    High purchase and maintenance cost, complex installation process

Integrally Geared Compressor vs. Substitutes:
Performance and Positioning Analysis

Integrally Geared Compressor

  • High efficiency, optimal performance at variable load conditions
  • High installation costs, requirement for regular maintenance

Centrifugal Compressor / Axial Flow Compressor / Reciprocating Compressor

  • High energy efficiency, compact design
  • High purchase and maintenance cost, complex installation process

An Integrally Geared Compressor offers efficiency and performance, in high pressure scenarios than other options do—it is particularly well suited for energy intensive industries and shows promise in the realm of green technology sectors.

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Research Methodology

This market research methodology defines the Integrally Geared Compressor market scope, gathers reliable data, and validates findings using integrated primary and secondary research. Our systematic framework ensures precise market sizing, growth trend analysis, and competitive benchmarking.


Secondary Research Approach


We begin secondary research by defining the targeted market at macro and micro levels. As part of the Pumps, Motors & Valves ecosystem, we analyze Integrally Geared Compressor across Petrochemicals, Gas Processing, and Power Generation Applications. Our team gathers data systematically from country level ministerial sources, industry associations & federations, trade databases, company annual & quarterly reports and other credential sources, enabling us to map global and regional market size, pricing trends, regulatory standards, and technology advancements.



Key Sources Referenced:

Prodcom / Census US / Statcan / e-stat Japan / ABS Australia / KOSIS Korea

Annual Reports / Industry Magazines / Country Level Ministerial Sources / World Mining Data

• Trade Sources (USA Trade Census, EU Comext, China Customs)

Interviews of Industry Stake Holders

Industry Views of Consultants

merics.org

• NAICS - Economic Statistics (US, Canada)

DataString Database

We benchmark competitors such as Siemens AG, Atlas Copco AB, and Elliott Group by reviewing company financial statements, and regulatory filings. Our secondary insights identify key market drivers and constraints, forming the analytical foundation for primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Raw Materials Procurement, Component Manufacture, and Assembly & Testing. Our geographic coverage spans Americas (40%), Europe (30%), Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally achieve a response rate of above 65%, and telephone interviews yield 60%, resulting in above 92% confidence level with a ±7% margin of error.


Through targeted questionnaires and in-depth interviews, we capture purchase intent, adoption barriers, brand perception across Segment Type. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering & Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down & Bottom-Up Process


In Top-down approach, we disaggregate global Pumps, Motors & Valves revenues to estimate the Integrally Geared Compressor segment, using historical growth patterns to set baseline trends. Simultaneously, in Bottom-up approach, we aggregate Country-Level Demand Data to derive regional and global forecasts, which provide granular consumption insights. By reconciling both approaches, we ensure statistical precision and cross-validation accuracy.


We evaluate the supply chain, spanning Raw Materials Procurement (Thyssenkrupp, ArcelorMittal), Component Manufacture (Siemens, Atlas Copco), and Assembly & Testing. Our parallel substitute analysis examines Centrifugal Compressor, Axial Flow Compressor, and Reciprocating Compressor, highlighting diversification opportunities and competitive risks.


Company Market Share & Benchmarking


We benchmark leading companies such as Siemens AG, Atlas Copco AB, and Elliott Group, analyzing their capabilities in pricing, product features, technology adoption, and distribution reach. By assessing company-level revenues and product portfolios, we derive market share comparisons, clarifying competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, supply chain evaluation, and company benchmarking, supported by our proprietary Directional Superposition methodology enables us to deliver precise forecasts and actionable strategic insights into the Integrally Geared Compressor market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Integrally Geared Compressor Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2025USD 716 million
Revenue Forecast in 2034USD 1.19 billion
Growth RateCAGR of 5.8% from 2025 to 2034
Base Year for Estimation2024
Industry Revenue 2024677 million
Growth OpportunityUSD 513 million
Historical Data2019 - 2023
Growth Projection / Forecast Period2025 - 2034
Market Size UnitsMarket Revenue in USD million and Industry Statistics
Market Size 2024677 million USD
Market Size 2027802 million USD
Market Size 2029898 million USD
Market Size 2030950 million USD
Market Size 20341.19 billion USD
Market Size 20351.26 billion USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredIndustry Application, Product Type, Technology, Capacity
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledSiemens AG, Atlas Copco AB, Elliott Group, Sundyne Corporation, Dresser-Rand Group Inc., Bharat Heavy Electricals Limited, General Electric Company, Hitachi Ltd., Ingersoll Rand Plc., Kobe Steel Ltd., Mitsubishi Heavy Industries Ltd. and Man Diesel & Turbo SE
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Integrally Geared Compressor Market Size, Opportunities & Strategic Insights, by Industry Application

4.1Petrochemicals
4.2Gas Processing
4.3Power Generation
4.4Industrial Manufacturing
4.5Others
Chapter 5

Integrally Geared Compressor Market Size, Opportunities & Strategic Insights, by Product Type

5.1Oil Free
5.2Oil Injected
Chapter 6

Integrally Geared Compressor Market Size, Opportunities & Strategic Insights, by Technology

6.1Ball Bearings
6.2Magnetic Bearings
6.3Active Magnetic Bearings
Chapter 7

Integrally Geared Compressor Market Size, Opportunities & Strategic Insights, by Capacity

7.1Below 150 kW
7.2151 kW to 500 kW
7.3501 kW to 1000 kW
7.4Above 1000 kW
Chapter 8

Integrally Geared Compressor Market, by Region

8.1North America Integrally Geared Compressor Market Size, Opportunities, Key Trends & Strategic Insights
8.1.1U.S.
8.1.2Canada
8.2Europe Integrally Geared Compressor Market Size, Opportunities, Key Trends & Strategic Insights
8.2.1Germany
8.2.2France
8.2.3UK
8.2.4Italy
8.2.5The Netherlands
8.2.6Rest of EU
8.3Asia Pacific Integrally Geared Compressor Market Size, Opportunities, Key Trends & Strategic Insights
8.3.1China
8.3.2Japan
8.3.3South Korea
8.3.4India
8.3.5Australia
8.3.6Thailand
8.3.7Rest of APAC
8.4Middle East & Africa Integrally Geared Compressor Market Size, Opportunities, Key Trends & Strategic Insights
8.4.1Saudi Arabia
8.4.2United Arab Emirates
8.4.3South Africa
8.4.4Rest of MEA
8.5Latin America Integrally Geared Compressor Market Size, Opportunities, Key Trends & Strategic Insights
8.5.1Brazil
8.5.2Mexico
8.5.3Rest of LA
8.6CIS Integrally Geared Compressor Market Size, Opportunities, Key Trends & Strategic Insights
8.6.1Russia
8.6.2Rest of CIS
Chapter 9

Competitive Landscape

9.1Competitive Dashboard & Market Share Analysis
9.2Company Profiles (Overview, Financials, Developments, SWOT)
9.2.1Siemens AG
9.2.2Atlas Copco AB
9.2.3Elliott Group
9.2.4Sundyne Corporation
9.2.5Dresser-Rand Group Inc.
9.2.6Bharat Heavy Electricals Limited
9.2.7General Electric Company
9.2.8Hitachi Ltd.
9.2.9Ingersoll Rand Plc.
9.2.10Kobe Steel Ltd.
9.2.11Mitsubishi Heavy Industries Ltd.
9.2.12Man Diesel & Turbo SE