This Frost Radar analyzes the compressor market. The analysis includes industrial air compressors and process gas compressors. Among others, the key end-user analysis includes the chemicals, construction and mining, food and beverages, general manufacturing, life sciences, oil and gas, and power generation industries.
In addition to providing an industry overview and analyzing the key market trends driving the industry, this study offers a comprehensive description of market participants. Through Frost & Sullivan’s in-depth analysis built on a 360-degree research methodology, over 100 companies have been analyzed. Out of these, 24 companies have been objectively rated on two major indices—their innovation focus and growth performance—with each index having 5 criteria. For each company profiled in the Frost Radar, company diagnostics, the major strengths, and major opportunities are highlighted along with their positioning on the Radar.
The companies that are positioned in the radar include: Aerzen; Anest Iwata Corporation; Ariel; Atlas Copco; BAUER COMPRESSORS INC.; Baker Hughes, a GE Company (BHGE); BOGE; Burckhardt Compression AG; ELGi Equipments Limited; Elliott Compressors; Fuscheng (FS-Elliott); Gardner Denver; Hitachi Sullair; Howden; IHI; Ingersoll Rand; Kaeser; Kaishan; Kobelco Compressors; MAN Turbomachinery; Mattei; Mitsubishi; Siemens; and Solar Turbines.
Through this analysis, Frost & Sullivan finds that the visionaries in this mature market tend to leverage a clearly defined growth pipeline system to drive a significant portion of their growth from adjacent markets and new opportunities. They are also well positioned to drive revenues by enhancing product differentiation, providing value-added services, tackling challenging applications with innovative solutions, and ushering in a wave of Industrial Internet of Things (IoT)-related growth opportunities. Other companies that are positioned as contenders have a more steadily evolving growth pipeline system and show strong revenue growth, albeit from existing core markets. These companies also exhibit a clear innovation process that prioritizes new product development and is able to push these solutions into the market. Going forward, Frost & Sullivan expects smart motor solutions will continue to gain traction among customers, and the companies that are best positioned to serve these customers will either remain at the top of the Radar or move up if not already there.
The Frost Radar reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar methodology. The document presents competitive profiles on each of the companies in the Frost Radar based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in the industry and benchmarks them across 10 criteria on the Frost Radar, where the leading companies in the industry are then positioned. Industry leaders on both the Growth and Innovation indices are recognized as best practice recipients.
Author: Anand Mugundhu Gnanamoorthy
Industry Overview
Industry Overview (continued)
Industry Trends
The Frost Radar
Frost Radar—Description of Companies Plotted
Aerzen
Anest Iwata Corporation
Ariel
Atlas Copco
BAUER COMPRESSORS INC.
Baker Hughes, a GE Company (BHGE)
BOGE
Burckhardt Compression AG
ELGi Equipments Limited
Elliott Compressors
Fuscheng (FS-Elliott)
Gardner Denver
Hitachi Sullair
Howden
IHI
Ingersoll Rand
Kaeser
Kaishan
Kobelco Compressors
MAN Turbomachinery
Mattei
Mitsubishi
Siemens
Solar Turbines
The Last Word—Key Takeaways
Legal Disclaimer
Frost Radar—2 Major Indices, 10 Analytical Ingredients, 1 Platform
Frost Radar—2 Major Indices, 10 Analytical Ingredients, 1 Platform (continued)
Frost Radar—C2A
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
- Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. - Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. - Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. - Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? - Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
- INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. - RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. - PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. - MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. - CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
- GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. - BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. - COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. - CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. - PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
Speak directly with our analytics experts for tailored recommendations.
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Frost Radar |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Anand Gnanamoorthy |
| Industries | Industrial Automation |
| WIP Number | K34C-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 99EA-A5,9593,9420 |
Frost Radar in the Compressor Market
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
11-Jun-2019
North America
Frost Radar
