Product Code: ETC026750 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam air and gas compressors market experienced significant growth from 2025 to 2031, driven by the rising demand for compressed air and gas in various industrial applications. As Vietnam economy expanded and industrialization gained momentum, the need for efficient and reliable air and gas compression solutions became more pronounced. Key sectors such as manufacturing, construction, oil and gas, and others increasingly relied on compressors to power pneumatic tools, automate processes, and facilitate transportation and processing of gases. Additionally, the growing emphasis on sustainability and energy efficiency led to the adoption of advanced compressor technologies, contributing to market expansion. The government`s investments in infrastructure development further boosted the demand for compressors, propelling the market`s growth during the forecast period.
Several drivers played a vital role in propelling the growth of the air and gas compressors market in Vietnam. The rapid growth of the manufacturing sector created a significant demand for compressed air in various production processes, increasing the adoption of compressors in industrial facilities. The versatility and reliability of compressed air in powering machinery and tools further drove market growth. Additionally, the exploration and production activities in the country`s oil and gas sector demanded efficient gas compressors for transporting and processing gases, creating new market opportunities.
While experiencing growth, the air and gas compressors market in Vietnam faced several challenges. One major challenge was the high initial capital investment required for purchasing compressors, which could be a barrier, especially for small and medium-sized enterprises (SMEs) with budget constraints. Additionally, the lack of technical expertise and awareness in operating and maintaining advanced compressor systems could limit their adoption in certain industries.
The Covid-19 pandemic had a notable impact on the air and gas compressors market in Vietnam. During the initial phases, the market experienced a temporary decline as industrial activities slowed down due to lockdowns and restrictions. Project delays and uncertainties in the business environment also affected the demand for compressors. However, as the situation improved, the market witnessed a gradual recovery, particularly in sectors that resumed operations with safety measures in place. The pandemic underscored the importance of reliable air and gas compression systems, particularly in critical industries such as healthcare and pharmaceuticals, where compressed air was crucial for medical equipment and processes.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Air and Gas Compressors Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Air and Gas Compressors Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Air and Gas Compressors Market - Industry Life Cycle |
3.4 Vietnam Air and Gas Compressors Market - Porter's Five Forces |
3.5 Vietnam Air and Gas Compressors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Air and Gas Compressors Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Vietnam Air and Gas Compressors Market Revenues & Volume Share, By Lubrication, 2021 & 2031F |
3.8 Vietnam Air and Gas Compressors Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Vietnam Air and Gas Compressors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Air and Gas Compressors Market Trends |
6 Vietnam Air and Gas Compressors Market, By Types |
6.1 Vietnam Air and Gas Compressors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Air and Gas Compressors Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Air and Gas Compressors Market Revenues & Volume, By Portable, 2021-2031F |
6.1.4 Vietnam Air and Gas Compressors Market Revenues & Volume, By Stationary, 2021-2031F |
6.2 Vietnam Air and Gas Compressors Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Air and Gas Compressors Market Revenues & Volume, By Reciprocating/Piston, 2021-2031F |
6.2.3 Vietnam Air and Gas Compressors Market Revenues & Volume, By Rotary/Screw, 2021-2031F |
6.2.4 Vietnam Air and Gas Compressors Market Revenues & Volume, By Centrifugal, 2021-2031F |
6.3 Vietnam Air and Gas Compressors Market, By Lubrication |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Air and Gas Compressors Market Revenues & Volume, By Oil-Filled, 2021-2031F |
6.3.3 Vietnam Air and Gas Compressors Market Revenues & Volume, By Oil-Free, 2021-2031F |
6.4 Vietnam Air and Gas Compressors Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Air and Gas Compressors Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.3 Vietnam Air and Gas Compressors Market Revenues & Volume, By Semiconductors & Electronics, 2021-2031F |
6.4.4 Vietnam Air and Gas Compressors Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.4.5 Vietnam Air and Gas Compressors Market Revenues & Volume, By Healthcare/ Medical, 2021-2031F |
6.4.6 Vietnam Air and Gas Compressors Market Revenues & Volume, By Home Appliances, 2021-2031F |
6.4.7 Vietnam Air and Gas Compressors Market Revenues & Volume, By Energy, 2021-2031F |
6.4.8 Vietnam Air and Gas Compressors Market Revenues & Volume, By Others, 2021-2031F |
6.4.9 Vietnam Air and Gas Compressors Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Air and Gas Compressors Market Import-Export Trade Statistics |
7.1 Vietnam Air and Gas Compressors Market Export to Major Countries |
7.2 Vietnam Air and Gas Compressors Market Imports from Major Countries |
8 Vietnam Air and Gas Compressors Market Key Performance Indicators |
9 Vietnam Air and Gas Compressors Market - Opportunity Assessment |
9.1 Vietnam Air and Gas Compressors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Air and Gas Compressors Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Vietnam Air and Gas Compressors Market Opportunity Assessment, By Lubrication, 2021 & 2031F |
9.4 Vietnam Air and Gas Compressors Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Vietnam Air and Gas Compressors Market - Competitive Landscape |
10.1 Vietnam Air and Gas Compressors Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Air and Gas Compressors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |