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1. Presentation by
Primary Information Services
www.primaryinfo.com
mailto:primaryinfo@gmail.com

19. The global compressor market is expected to reach USD 47.9 billion by
2024, growing at a CAGR of 3.6% during the forecast period.
• The market is growing due to growing automotive industries in
developing countries such as India and China, and rapid
industrialization.
• Different compressor types such as positive displacement and
dynamic compressors contributed to the compressor market size.
• The market has witnessed a high demand for positive displacement
in the coming years due to extensive acceptance throughout small
and medium scale industries.

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