
Global Transmission Sales Market Size Study & Forecast, by Type (Reciprocating, Rotary, Centrifugal, Axial Flow), by Application (Artificial Lift, Gas Processing Station, LNG & FPS, Storage & Facilities), and Regional Forecasts 2025-2035
Description
The Global Transmission Sales Market is valued at approximately USD 18.67 billion in 2024 and is poised to demonstrate consistent growth at a CAGR of 4.20% over the forecast period 2025–2035. Transmission systems are pivotal components across industrial processes that involve compression and the transfer of mechanical energy. From upstream oil extraction to midstream gas processing and downstream applications like LNG terminals and storage units, these technologies act as the backbone for pressurized energy delivery. A confluence of factors—including rising demand for natural gas, industrial automation, and expansion of midstream infrastructure—is pushing the market forward. Increasing integration of energy-efficient systems and regulatory frameworks advocating for cleaner compression practices are also shaping a more robust future for transmission sales globally.
One of the most compelling catalysts for this market’s acceleration is the rapid evolution of gas-based infrastructure. The proliferation of LNG terminals, FPSOs, and gas processing stations has necessitated precision-engineered compressors that can withstand high throughput demands without compromising performance. Technologies such as centrifugal and axial flow compressors are particularly sought-after due to their scalability and efficiency. Simultaneously, the artificial lift sector continues to experience notable growth, especially in unconventional oil and gas reservoirs where transmission equipment ensures production continuity. Coupled with this is a rising tide of technological innovation—including smart sensor-enabled compressors and digital diagnostics—that is redefining how operators manage lifecycle performance and downtime.
Regionally, North America stands as the powerhouse of the transmission sales market, fueled by its massive shale gas operations, mature midstream sector, and ongoing investments in infrastructure modernization. The United States in particular is home to some of the most technologically advanced gas compression facilities in the world. Meanwhile, Europe is seeing steady adoption across LNG and storage operations, particularly in Germany, the UK, and the Netherlands, where energy transition mandates are influencing equipment upgrades. Asia Pacific, however, is emerging as the fastest-growing region. Countries like China, India, and Indonesia are investing heavily in pipeline networks, floating production systems, and gas-fired power generation—driving significant demand for high-performance transmission systems.
Major market players included in this report are:
• Baker Hughes Company
• Schlumberger Limited.
• Halliburton Company
• Chevron Phillips Chemical Company
• BASF SE
• Trican Well Service Ltd.
• Aubin Group
• Croda International Plc.
• M&D Industries of Louisiana, Inc.
• Impact Fluid Solutions
• Siemens AG
• Atlas Copco AB
• Elliott Group
• General Electric Company
• Mitsubishi Heavy Industries Ltd.
Global Transmission Sales Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period – 2025-2035
• Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segments of the market are explained below:
By Type:
• Reciprocating
• Rotary
• Centrifugal
• Axial Flow
By Application:
• Artificial Lift
• Gas Processing Station
• LNG & FPS
• Storage & Facilities
By Region:
North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
One of the most compelling catalysts for this market’s acceleration is the rapid evolution of gas-based infrastructure. The proliferation of LNG terminals, FPSOs, and gas processing stations has necessitated precision-engineered compressors that can withstand high throughput demands without compromising performance. Technologies such as centrifugal and axial flow compressors are particularly sought-after due to their scalability and efficiency. Simultaneously, the artificial lift sector continues to experience notable growth, especially in unconventional oil and gas reservoirs where transmission equipment ensures production continuity. Coupled with this is a rising tide of technological innovation—including smart sensor-enabled compressors and digital diagnostics—that is redefining how operators manage lifecycle performance and downtime.
Regionally, North America stands as the powerhouse of the transmission sales market, fueled by its massive shale gas operations, mature midstream sector, and ongoing investments in infrastructure modernization. The United States in particular is home to some of the most technologically advanced gas compression facilities in the world. Meanwhile, Europe is seeing steady adoption across LNG and storage operations, particularly in Germany, the UK, and the Netherlands, where energy transition mandates are influencing equipment upgrades. Asia Pacific, however, is emerging as the fastest-growing region. Countries like China, India, and Indonesia are investing heavily in pipeline networks, floating production systems, and gas-fired power generation—driving significant demand for high-performance transmission systems.
Major market players included in this report are:
• Baker Hughes Company
• Schlumberger Limited.
• Halliburton Company
• Chevron Phillips Chemical Company
• BASF SE
• Trican Well Service Ltd.
• Aubin Group
• Croda International Plc.
• M&D Industries of Louisiana, Inc.
• Impact Fluid Solutions
• Siemens AG
• Atlas Copco AB
• Elliott Group
• General Electric Company
• Mitsubishi Heavy Industries Ltd.
Global Transmission Sales Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period – 2025-2035
• Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segments of the market are explained below:
By Type:
• Reciprocating
• Rotary
• Centrifugal
• Axial Flow
By Application:
• Artificial Lift
• Gas Processing Station
• LNG & FPS
• Storage & Facilities
By Region:
North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Table of Contents
285 Pages
- Chapter 1. Global Transmission Sales Market Report Scope & Methodology
- 1.1. Research Objective
- 1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
- 1.3. Research Attributes
- 1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
- 1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study
- Chapter 2. Executive Summary
- 2.1. CEO/CXO Standpoint
- 2.2. Strategic Insights
- 2.3. ESG Analysis
- 2.4. Key Findings
- Chapter 3. Global Transmission Sales Market Forces Analysis
- 3.1. Market Forces Shaping the Global Transmission Sales Market (2024–2035)
- 3.2. Drivers
- 3.2.1. Rising Natural Gas Demand Globally
- 3.2.2. Expansion of LNG & Gas Processing Infrastructure
- 3.2.3. Industrial Automation and Smart Diagnostics Integration
- 3.3. Restraints
- 3.3.1. High Initial Investment Costs for Infrastructure
- 3.3.2. Environmental Regulations and Emission Norms
- 3.4. Opportunities
- 3.4.1. Technological Advancements in Smart Compressors
- 3.4.2. Growth in Asia Pacific’s Industrial Infrastructure
- Chapter 4. Global Transmission Sales Industry Analysis
- 4.1. Porter’s Five Forces Model
- 4.1.1. Bargaining Power of Buyers
- 4.1.2. Bargaining Power of Suppliers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter’s 5 Force Forecast Model (2024–2035)
- 4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top Investment Opportunities
- 4.5. Top Winning Strategies (2025)
- 4.6. Market Share Analysis (2024–2025)
- 4.7. Global Pricing Analysis and Trends 2025
- 4.8. Analyst Recommendation & Conclusion
- Chapter 5. Global Transmission Sales Market Size & Forecasts by Type 2025–2035
- 5.1. Market Overview
- 5.2. Global Transmission Sales Market Performance – Potential Analysis (2025)
- 5.3. Reciprocating
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 5.3.2. Market Size Analysis, by Region, 2025–2035
- 5.4. Rotary
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 5.4.2. Market Size Analysis, by Region, 2025–2035
- 5.5. Centrifugal
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 5.5.2. Market Size Analysis, by Region, 2025–2035
- 5.6. Axial Flow
- 5.6.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 5.6.2. Market Size Analysis, by Region, 2025–2035
- Chapter 6. Global Transmission Sales Market Size & Forecasts by Application 2025–2035
- 6.1. Market Overview
- 6.2. Global Transmission Sales Market Performance – Potential Analysis (2025)
- 6.3. Artificial Lift
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 6.3.2. Market Size Analysis, by Region, 2025–2035
- 6.4. Gas Processing Station
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 6.4.2. Market Size Analysis, by Region, 2025–2035
- 6.5. LNG & FPS
- 6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 6.5.2. Market Size Analysis, by Region, 2025–2035
- 6.6. Storage & Facilities
- 6.6.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
- 6.6.2. Market Size Analysis, by Region, 2025–2035
- Chapter 7. Global Transmission Sales Market Size & Forecasts by Region 2025–2035
- 7.1. Transmission Sales Market, Regional Market Snapshot
- 7.2. Top Leading & Emerging Countries
- 7.3. North America Transmission Sales Market
- 7.3.1. U.S.
- 7.3.1.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.3.1.2. Application Breakdown Size & Forecasts, 2025–2035
- 7.3.2. Canada
- 7.3.2.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.3.2.2. Application Breakdown Size & Forecasts, 2025–2035
- 7.4. Europe Transmission Sales Market
- 7.4.1. UK
- 7.4.1.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.4.1.2. Application Breakdown Size & Forecasts, 2025–2035
- 7.4.2. Germany
- 7.4.2.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.4.2.2. Application Breakdown Size & Forecasts, 2025–2035
- 7.4.3. France
- 7.4.3.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.4.3.2. Application Breakdown Size & Forecasts, 2025–2035
- 7.4.4. Spain
- 7.4.4.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.4.4.2. Application Breakdown Size & Forecasts, 2025–2035
- 7.4.5. Italy
- 7.4.5.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.4.5.2. Application Breakdown Size & Forecasts, 2025–2035
- 7.4.6. Rest of Europe
- 7.4.6.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.4.6.2. Application Breakdown Size & Forecasts, 2025–2035
- 7.5. Asia Pacific Transmission Sales Market
- 7.5.1. China
- 7.5.1.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.5.1.2. Application Breakdown Size & Forecasts, 2025–2035
- 7.5.2. India
- 7.5.2.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.5.2.2. Application Breakdown Size & Forecasts, 2025–2035
- 7.5.3. Japan
- 7.5.3.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.5.3.2. Application Breakdown Size & Forecasts, 2025–2035
- 7.5.4. Australia
- 7.5.4.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.5.4.2. Application Breakdown Size & Forecasts, 2025–2035
- 7.5.5. South Korea
- 7.5.5.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.5.5.2. Application Breakdown Size & Forecasts, 2025–2035
- 7.5.6. Rest of APAC
- 7.5.6.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.5.6.2. Application Breakdown Size & Forecasts, 2025–2035
- 7.6. Latin America Transmission Sales Market
- 7.6.1. Brazil
- 7.6.1.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.6.1.2. Application Breakdown Size & Forecasts, 2025–2035
- 7.6.2. Mexico
- 7.6.2.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.6.2.2. Application Breakdown Size & Forecasts, 2025–2035
- 7.7. Middle East and Africa Transmission Sales Market
- 7.7.1. UAE
- 7.7.1.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.7.1.2. Application Breakdown Size & Forecasts, 2025–2035
- 7.7.2. Saudi Arabia
- 7.7.2.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.7.2.2. Application Breakdown Size & Forecasts, 2025–2035
- 7.7.3. South Africa
- 7.7.3.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.7.3.2. Application Breakdown Size & Forecasts, 2025–2035
- 7.7.4. Rest of Middle East & Africa
- 7.7.4.1. Type Breakdown Size & Forecasts, 2025–2035
- 7.7.4.2. Application Breakdown Size & Forecasts, 2025–2035
- Chapter 8. Competitive Intelligence
- 8.1. Top Market Strategies
- 8.2. Baker Hughes Company
- 8.2.1. Company Overview
- 8.2.2. Key Executives
- 8.2.3. Company Snapshot
- 8.2.4. Financial Performance (Subject to Data Availability)
- 8.2.5. Product/Services Port
- 8.2.6. Recent Development
- 8.2.7. Market Strategies
- 8.2.8. SWOT Analysis
- 8.3. Siemens AG
- 8.4. Mitsubishi Heavy Industries Ltd.
- 8.5. Halliburton Company
- 8.6. General Electric Company
- 8.7. Atlas Copco AB
- 8.8. Elliott Group
- 8.9. Chevron Phillips Chemical Company
- 8.10. BASF SE
- 8.11. Croda International Plc.
- 8.12. Impact Fluid Solutions
- 8.13. Trican Well Service Ltd.
- 8.14. Aubin Group
- 8.15. M&D Industries of Louisiana, Inc.
- List of Tables
- Table 1. Global Transmission Sales Market, Report Scope
- Table 2. Global Transmission Sales Market Estimates & Forecasts By Region 2024–2035
- Table 3. Global Transmission Sales Market Estimates & Forecasts By Type 2024–2035
- Table 4. Global Transmission Sales Market Estimates & Forecasts By Application 2024–2035
- Table 5. U.S. Transmission Sales Market Estimates & Forecasts, 2024–2035
- Table 6. Canada Transmission Sales Market Estimates & Forecasts, 2024–2035
- Table 7. UK Transmission Sales Market Estimates & Forecasts, 2024–2035
- Table 8. Germany Transmission Sales Market Estimates & Forecasts, 2024–2035
- Table 9. France Transmission Sales Market Estimates & Forecasts, 2024–2035
- Table 10. Spain Transmission Sales Market Estimates & Forecasts, 2024–2035
- Table 11. Italy Transmission Sales Market Estimates & Forecasts, 2024–2035
- Table 12. Rest of Europe Transmission Sales Market Estimates & Forecasts, 2024–2035
- Table 13. China Transmission Sales Market Estimates & Forecasts, 2024–2035
- Table 14. India Transmission Sales Market Estimates & Forecasts, 2024–2035
- Table 15. Japan Transmission Sales Market Estimates & Forecasts, 2024–2035
- Table 16. Australia Transmission Sales Market Estimates & Forecasts, 2024–2035
- Table 17. South Korea Transmission Sales Market Estimates & Forecasts, 2024–2035
- Table 18. Rest of APAC Transmission Sales Market Estimates & Forecasts, 2024–2035
- Table 19. Brazil Transmission Sales Market Estimates & Forecasts, 2024–2035
- Table 20. Mexico Transmission Sales Market Estimates & Forecasts, 2024–2035
- Table 21. UAE Transmission Sales Market Estimates & Forecasts, 2024–2035
- Table 22. Saudi Arabia Transmission Sales Market Estimates & Forecasts, 2024–2035
- Table 23. South Africa Transmission Sales Market Estimates & Forecasts, 2024–2035
- Table 24. Rest of MEA Transmission Sales Market Estimates & Forecasts, 2024–2035
- List of Figures
- Figure 1. Global Transmission Sales Market, Research Methodology
- Figure 2. Global Transmission Sales Market Estimation Techniques
- Figure 3. Global Market Size Estimates & Forecast Methods
- Figure 4. Global Transmission Sales Market, Key Trends 2025
- Figure 5. Global Transmission Sales Market, Growth Prospects 2024–2035
- Figure 6. Global Transmission Sales Market, Porter’s Five Forces Model
- Figure 7. Global Transmission Sales Market, PESTEL Analysis
- Figure 8. Global Transmission Sales Market, Value Chain Analysis
- Figure 9. Transmission Sales Market by Type, 2025 & 2035
- Figure 10. Transmission Sales Market by Application, 2025 & 2035
- Figure 11. Transmission Sales Market by Region, 2025 & 2035
- Figure 12. North America Transmission Sales Market, 2025 & 2035
- Figure 13. Europe Transmission Sales Market, 2025 & 2035
- Figure 14. Asia Pacific Transmission Sales Market, 2025 & 2035
- Figure 15. Latin America Transmission Sales Market, 2025 & 2035
- Figure 16. Middle East & Africa Transmission Sales Market, 2025 & 2035
- Figure 17. Global Transmission Sales Market, Company Market Share Analysis (2025)
Pricing
Currency Rates
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