Australia Gas Compressors Market Report and Forecast 2024-2032

Australia Gas Compressors Market Outlook

The Australia gas compressors market size is projected to grow at a CAGR of 3.10% between 2024 and 2032.

Key Takeaways

• The market has witnessed robust growth due to increasing demand for compressed gas in mining and energy production sectors, growing investments in infrastructure projects, rising energy exploration, and increasing industrial automation.

• Australia Competition and Consumer Commission (ACCC)’s Standard 2885 establishes guidelines for the design, manufacturing, and installation of gas compressors to prevent hazards and ensure consumer protection.

• In Australia, there exists an extensive network of natural gas transmission pipelines spanning approximately 42,000 kilometres. These pipelines efficiently transport gas at high pressure from its production sources to the outskirts of cities.

• As per industry reports, Atlas Copco’s Gas Compressors cover a wide range of uses, from air and gas feeds to petrochemicals. They have flow capacities up to 10,000 m³/h and maximum outlet pressures of 480 bar.

The Australia gas compressors market is influenced by the increasing demand for natural gas as a cleaner and more sustainable energy source. This trend is influencing the development of more efficient and sustainable gas compressor solutions. Also, the shift towards gas-fired power plants over traditional coal-based plants, along with the growing focus on renewable energy sources like wind and solar, is further propelling the demand for gas compressors in Australia.

Technological advancements, increasing investments in infrastructure development, and the expansion of oil and gas exploration activities are significant factors driving Australia gas compressors market growth. Additionally, the adoption of energy-efficient compressors to reduce operational costs and the rising demand for natural gas in emerging economies contribute to the positive outlook for the market.

Gas compressors are essential in various industries, including construction, chemicals and petrochemicals, general manufacturing, mining, power generation, and oil and gas. In the construction industry, gas compressors provide compressed air for tools and equipment, meeting the demand for reliable and efficient power sources. Similarly, in the chemicals and petrochemicals sector, gas compressors play a crucial role in processes like gas separation, storage, and transportation, ensuring operational efficiency.

Moreover, gas compressors are widely used in general manufacturing for tasks such as pneumatic tools, material handling, and air separation, offering versatility and reliability to enhance manufacturing processes. In the mining industry, gas compressors are integral for applications like drilling, ventilation, and powering pneumatic tools underground, contributing to safe and efficient operations in mining activities.

Furthermore, power generation plants heavily rely on gas compressors to compress air and gas for combustion processes, ensuring continuous and efficient electricity production. Lastly, the oil and gas industry extensively utilises gas compressors for gas transportation, processing, and storage, maintaining pressure levels and facilitating efficient operations in oil and gas activities.

Market Segmentation

Australia Gas Compressors Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Compressor Type

• Dynamic Compressor

• Positive Displacement Compressor

• Others

Market Breakup by Application

• Construction

• Chemicals and Petrochemicals

• General Manufacturing

• Mining

• Power Generation

• Oil and Gas

• Others

Market Breakup by Region

• New South Wales

• Victoria

• Queensland

• Australian Capital Territory

• Western Australia

• Others

Competitive Landscape

Market players are focused on developing energy-efficient compressors, particularly in the oil and gas sector, to address industry needs and drive market growth in Australia.

• Hitachi, Ltd. 

• CAPS Australia Pty Ltd  

• Atlas Copco AB 

• Kaishan Australia Pty Ltd  

• Motortech GmbH  

• Others

Key Highlights of the Report