Booster Compressor Market, By Cooling Type (Air-cooled and water-cooled), By Compression Stage (Single stage, Double stage, and Multi stage), By End User (Oil and Gas, Chemical & Petrochemical, Power Generation, Manufacturing, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
In March 2023, Atlas Copco, a global industrial group specializing in compressed air and vacuum solutions, announced the acquisition of Compressed Air Systems, Inc. (CAS), a distributor of compressors in the U.S. This acquisition is expected to enhance Atlas Copco's sales network in the U.S., allowing the company to better serve its customers and expand its market presence.
In December 2022, Hitachi, a leading global provider of industrial equipment and technology, announced the development of a new type of booster compressor featuring magnetic bearings. These innovative bearings are designed to reduce friction and vibration, thereby enhancing the efficiency and reliability of the compressor. This advancement reflects Hitachi's commitment to innovation and improving performance in its compressor technology.
In October 2021, HPOIL Gas Private Limited (HOGPL), a joint venture company of Hindustan Petroleum Corporation Limited (HPCL) and Oil India Limited (OIL), issued a tender for the supply and installation of 400SCMH booster compressors for its city gas distribution project in Kolhapur district, Maharashtra, India. The successful bidder will be responsible for providing services such as supply (including transportation, transit insurance, and loading and unloading), installation, commissioning, and field performance testing of the CNG booster compressors to support HOGPL's mission of supplying clean and green fuel to domestic, industrial, and commercial consumers in the region.
In April 2021, Kaeser Compressors, a leading manufacturer of compressed air and vacuum solutions, introduced a new line of CNC-controlled booster compressors. These compressors are designed to be more efficient and precise than traditional booster compressors, offering capacities from 28-281 cfm with pressures up to 650 psig. The new CNC line of complete booster packages features easy machine integration options, reduced installation costs, and a smaller footprint for better machine protection. The fully enclosed and integrated units are available in 10-30 hp models and include a built-in after cooler for optimized cooling and a sound-dampening enclosure for reduced noise levels. The expanded line also adds the DNC-XL, bringing Kaeser's advanced booster lineup to nine models with flows ranging from 28-882 cfm.