The UK market size volume for reciprocating displacement compressors with a gauge pressure capacity of less than 15 bar and a flow per hour greater than 60 m³ increased to 110,980 units in 2023. Over the last two years, the market saw notable growth with a 2.7% increase in 2022 and a 1.7% rise in 2023. From 2019 to 2023, the compound annual growth rate (CAGR) was approximately 3.19%, indicating a steady upward trend in market demand.
Future trends to watch for include:
- Potential technological advancements in compressor efficiency and sustainability.
- Shifts in industry demand due to economic or regulatory changes.
- The impact of environmental policies on the adoption of low-pressure compressors.