Product Code: ETC023750 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Compressors Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 10.60% in 2025 and reaches 12.87% by 2029.
In the Asia region, the Compressors market in Vietnam is projected to expand at a high growth rate of 11.93% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Vietnam compressors market experienced significant growth during the period from 2025 to 2031. With the country`s expanding manufacturing, construction, and energy sectors, there was a rising demand for compressors. Compressors are essential equipment used in various industries for generating compressed air and gas, powering pneumatic tools, and facilitating various processes. As Vietnam continued to witness industrial development and infrastructure projects, the market for compressors witnessed continuous expansion.
Several drivers fueled the growth of the compressors market in Vietnam. Firstly, the country`s booming manufacturing industry contributed to the demand for compressors for powering pneumatic machinery and equipment in production lines. Secondly, the construction and infrastructure development activities further boosted the requirement for compressors for various applications, including air conditioning, refrigeration, and pneumatic tools. Moreover, Vietnam increasing energy demand and the growing focus on energy efficiency drove the demand for efficient and reliable compressors in the energy sector.
Despite its growth, the Vietnam compressors market faced certain challenges during the mentioned period. One of the primary challenges was the competition from imported compressors. The presence of international compressor brands and products created price pressures for local compressor manufacturers and distributors. Additionally, ensuring the availability of a diverse range of compressors and meeting the varied demands of different industries were crucial for compressor suppliers.
The outbreak of the Covid-19 pandemic in 2025 had implications for the Vietnam compressors market. The pandemic led to changes in industrial activities and investment plans, affecting the demand for compressors. Moreover, the disruption in global supply chains and reduced economic activity may have temporarily impacted the demand for compressors in certain industries. The economic impact of the pandemic may have affected investment decisions and demand for compressor solutions in specific sectors. Furthermore, the pandemic emphasized the importance of supply chain resilience and local manufacturing capabilities, leading to renewed focus on domestic compressor production.
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 Compressors Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Compressors Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Compressors Market - Industry Life Cycle |
3.4 Vietnam Compressors Market - Porter's Five Forces |
3.5 Vietnam Compressors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Compressors Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Vietnam Compressors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Compressors Market Trends |
6 Vietnam Compressors Market, By Types |
6.1 Vietnam Compressors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Compressors Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Compressors Market Revenues & Volume, By Positive Displacement, 2021-2031F |
6.1.4 Vietnam Compressors Market Revenues & Volume, By Dynamic, 2021-2031F |
6.2 Vietnam Compressors Market, By Industry |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Compressors Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Vietnam Compressors Market Revenues & Volume, By Steel, 2021-2031F |
6.2.4 Vietnam Compressors Market Revenues & Volume, By Chemical, 2021-2031F |
6.2.5 Vietnam Compressors Market Revenues & Volume, By Medical, 2021-2031F |
6.2.6 Vietnam Compressors Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Compressors Market Import-Export Trade Statistics |
7.1 Vietnam Compressors Market Export to Major Countries |
7.2 Vietnam Compressors Market Imports from Major Countries |
8 Vietnam Compressors Market Key Performance Indicators |
9 Vietnam Compressors Market - Opportunity Assessment |
9.1 Vietnam Compressors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Compressors Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Vietnam Compressors Market - Competitive Landscape |
10.1 Vietnam Compressors Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Compressors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |