The Gas Equipment Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Gas Equipment Market?
The global market for gas equipment has been growing robustly in the recent past. From the year 2024, with a value of $77.32 billion, it is projected to rise to approximately $82.54 billion in 2025. This is indicative of a compound annual growth rate (CAGR) of 6.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Gas Equipment Industry?
In 2029, the Gas Equipment Global Market is projected to achieve a market size of $109.3 billion, with a Compound Annual Growth Rate (CAGR) of 7.3%.
Download Your Free Sample of the 2025 Gas Equipment Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Gas Equipment Market?
The key drivers in the gas equipment market are:
• Rising energy security concerns
• Growing global population and related energy needs
• Shift towards renewable gas for sustainable energy production
• Increased focus on digitalization within the gas industry
• Government subsidies promoting gas infrastructure and use
Global Market Segmentation: Identifying Major Gas Equipment Industry Segments
The gas equipment market covered in this report is segmented –
1) By Equipment Type: Gas Delivery Systems, Gas Regulators, Flow Devices, Purifiers And Filters, Gas Generating Systems, Gas Detection Systems, Cryogenic Products, Accessories
2) By Gas: Nitrogen, Hydrogen, Helium, Oxygen, Carbon Dioxide, Others Gases
3) By Process: Generation, Storage, Detection, Transportation
4) By End-User: Metal Fabrication, Chemical, Healthcare And Medical, Oil And Gas, Other End Users
Pre-order the 2025 Gas Equipment Global Market Report for Fast Delivery & Comprehensive Insights!
What are the Emerging Trends Shaping the Future of the Gas Equipment Market?
The key trends in the gas equipment market are:
• The move towards renewable gas sources is shaping the market future.
• Digitalization and emergence of smart infrastructure are major upcoming trends.
• The adoption of decentralized energy solutions is an influencing trend.
• The application of technologies like carbon capture and storage (CCS), and hybrid gas-electric systems is a rising trend.
Who Are the Top Competitors & Leading Players in the Gas Equipment Market?
Major companies in the gas equipment market are:
• Nippon Sanso Holdings Corporation.
• Linde plc
• Air Liquide S.A.
• ABB Ltd.
• Parker Hannifin Corporation
• Atlas Copco AB
• Praxair Inc.
• Iwatani Corporation
• Colfax Corporation
• Donaldson Company Inc.
• Matheson Tri-Gas Inc.
• Messer SE & Co. KGaA
• Chart Industries Inc.
• Filtration Group Inc.
• Camfil AB
• Johnson Thermal Systems Inc.
• GCE Holding AB
• Cryostar SAS
• FIBA Technologies Inc.
• Xebec Adsorption Inc.
• Gas Control Equipment Ltd.
• Hannay Reels Inc.
• Rexarc International Inc.
• Welsco Inc.
• Advanced Specialty Gases.
• Gasco Affiliates LLC
• Generon IGS Inc.
• Global Gases Group Pte Ltd.
• Haskel International Inc.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the gas equipment market in 2024
