Summary

Report Overview
The Global Transmission Sales Market size was worth US$ 16.68 billion in 2023 and is estimated to reach US$ 25.38 billion by 2031, growing at a CAGR of 5.39% during the forecast period (2024-2031).
Transmission sales are responsible for pressurizing and accumulating gas inside a pipeline by providing efficient gas processing for control & safety systems, maintaining correct pressure levels, recovering & recompressing the processed gas, processing biogas derived from water and residential waste, avoiding contamination of the processed gas. Pressurizing and accumulating gas inside pipelines is accomplished by processing the gas efficiently for control and safety systems, maintaining proper pressure levels and recovering and recompressing the processed gas.
Transmission sales equipment is also used to prevent contamination of processed gas processing biogas obtained from water and household garbage. A transmission machine is a component of a power transmission system. It's a mechanical engineering gadget that allows you to tailor a power supply to a specific application. A transmission gearbox uses gear and trains to produce speed and convert rotating power to specified applications. Transmissions are widely utilized in automobiles. It's also used pedal bicycles, fixed machines and other applications that demand variable rotating speeds and forces.
Market Dynamics
Growing shale gas production operations, more automation and a shift to energy efficiency in the oil & gas sector contribute to the market's expansion. High maintenance expenses and technical concerns such as production defects and incorrect installation hamper the market's growth.
The rise in shale gas activities
Growth in shale gas development is a key driver for the global transmission sales market. Shale gas production has resulted in a new abundance of natural gas due to ongoing technical improvement. The market for transmission sales has benefited from an expansion in the oil and gas industry, production activities, vehicle manufacturing and industrial facilities.
As energy is the foundation for driving any machinery, industrial facilities such as belt technology, chain technology and gear technology are extensively used in power transmission. The demand for transmission has also been influenced by wastewater control.
Growing demand from the power sector
The demand for transmission sales in the power industry is expanding as the market for wastewater treatment grows, which is a vital topic of research for the national government. The government is pushing for more wastewater treatment to be implemented. As a result, the need for transmission sales in the electricity sector is increasing.
Transmission sales equipment is vital for the oilfield's control and safety system. As a result of the growing frequency of oil spills worldwide, the need for the transmission industry has expanded. The transmission sales industry is fueled by oil and gas inverters. Compressors are used in the oil & gas sector for wellhead gas reinjection, hydrocarbon vapor recovery and onshore & offshore platforms.
High maintenance costs
With so many advantages, automated transmissions are more expensive than manual transmissions. Inside automatic transmission automobiles, various machinery systems work to provide a comfortable and smooth driving experience. Automatic transmissions require higher torque than manual gearboxes due to the increased mechanical complexity. This, in turn, impacts the vehicle's overall fuel usage.
Automobile manufacturers are working to improve the efficiency of automatic transmission engines. A major factor limiting the market's growth is the high investment in transmission machines and the transmission's limited capacity and faulty installation.
Market Segment Analysis
By end-user, the transmission sales market is segmented into oil & gas, power generation, water & wastewater management and others.
Rising demand for compressors in power generation
Compressors are required in power production plants for gas turbine power plants, ash conveying and fly ash management to provide maximum efficiency and operating reliability. The need for electricity is increasing, necessitating more power generation. This, combined with the necessity to replace and update existing power facilities, has led to the widespread use of gas turbines.
In the power generation industry, compressors are employed to maintain pipeline pressure. Furthermore, retrofit and modernization projects in Europe and North America are expected to enhance the transmission sales market's power generation segment.
Market Geographical Analysis
Expansion of oil & gas sector in Europe
Europe is estimated to lead the transmission sales market during the forecast period. The expansion of the oil & gas sector and rising investment in power generation are driving the market forward. Increased oil & gas exploration & production operations and industrial & competitive expansion in Eastern and Central Europe drive the region’s growth.
The transmission sales market in Europe is characterized by rising privatization and a low-cost foundation. Power generation, oil & gas and water & wastewater management are the primary end-user categories driving the market in the area.
Market Competitive Landscape
Major global transmission sales market companies include Cummins, Caterpillar, Siemens SE, Gazprom, Mitsubishi Heavy Industries, Hyundai Heavy Industries, Atlas Copco, Ingersoll Rand, Bauer Kompressoren and GE Company.
COVID-19 Impact Analysis
The epidemic forced the shutdown of manufacturing plants globally, particularly in areas with strict lockdown measures. It resulted in a brief halt in transmission system manufacture, causing order fulfillment delays and sales slowdowns. The global supply chain for components used in transmission systems, including as gears, shafts and electronic controls, experienced substantial interruption.
Lockdowns, transit limitations, and a halt in raw material production all contributed to the interruptions, resulting in delays and increased expenses. The epidemic caused major raw material shortages, affecting transmission system manufacturing. The shortfall caused to increasing lead times and production costs, which further impacted the market.
Russia-Ukraine War Impact
The ongoing conflict between Russia and Ukraine has had a major impact on supply chains worldwide, including the transmission sales industry. Transmissions, being a vital part of automotive and industrial machinery, depend on a consistent availability of raw materials such as steel and aluminum. The conflict has caused disruptions in the availability of these materials.
Due to the sanctions imposed on Russia, a significant exporter of these materials, manufacturers worldwide have been facing shortages and higher costs. The issues have unfortunately led to delays in production, lower inventory levels, and higher prices for transmissions. This has had an impact on both the companies that make the products (OEMs) and the suppliers that provide products after the original purchase.
Furthermore, the war led to heightened tensions among nations, leading to a reorganization of trade routes and alliances. Some of the European companies have decided to change their sourcing strategy by shifting away from Russia and exploring other regions. Introducing this change has presented some difficulties for their supply chains.
Moreover, the ongoing conflict has exacerbated the energy crisis, leading to increased production costs for industries heavily dependent on energy, like automotive manufacturing. It's becoming more and more challenging to forecast and plan for the future because of the ever-present uncertainty and volatility in the market. Consequently, there has been a shift towards a more careful approach when it comes to investing in the transmission sales sector, resulting in a decrease in the growth rate.
By Compression Media
Air Compression
Gas Compression
By Type
Reciprocating Compressor
Rotatory Compressor
Centrifugal Compressor
By End-User
Oil and Gas
Power Generation
Water & Wastewater Management
Others
By Application
Artificial Lifts
Gas Processing Station
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
Middle East and Africa
Key Developments
In August 2022, Sauer compressors, a leading global provider of compressors, introduced the newest addition to their 6000 series. Our products are designed to ensure a perfect seal, thanks to the magnetic coupling that connects the electric motor and compressor.
In July 2022, Atlas Copco unveiled the ZR/ZT series compressors, which feature rotary screw compressor technology and come with a 100% oil-free certification. Additionally, these products are equipped with Z seal technology, which enhances cooling and energy efficiency.
Why Purchase the Report?
Visualize the composition of the transmission sales market segmentation by compression media, type, application, end-user and region, highlighting the critical power generation assets and players.
Identify commercial opportunities in the transmission sales market by analyzing trends and co-development deals.
Excel data sheet with thousands of transmission sales market-level 4/5 segmentation points.
Pdf report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
Product mapping in excel for the key product of all major market players
The global transmission sales market report would provide access to an approx. 69 market data tables, 62 figures and 213 pages.
Target Audience 2024
Transmission Sales Centrifugal Compressor Providers/ Buyers
Industry Investors/Investment Bankers
Education & Research Institutes
Emerging Companies
Transmission Sales Manufacturers

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Table of Contents

1. Global Transmission Sales Market Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Global Transmission Sales Market – Market Definition and Overview
3. Global Transmission Sales Market – Executive Summary
3.1. Market Snippet by Compression Media
3.2. Market Snippet by Type
3.3. Market Snippet by Application
3.4. Market Snippet by End-User
3.5. Market Snippet by Region
4. Global Transmission Sales Market-Market Dynamics
4.1. Market Impacting Factors
4.1.1. Drivers
4.1.1.1. The rise in shale gas activities
4.1.1.2. Growing demand from the power sector
4.1.2. Restraints
4.1.2.1. High maintenance costs
4.1.3. Opportunity
4.1.4. Impact Analysis
5. Global Transmission Sales Market – Industry Analysis
5.1. Porter's Five Forces Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
6. Global Transmission Sales Market – COVID-19 Analysis
6.1. Analysis of COVID-19 on the Market
6.1.1. Before COVID-19 Market Scenario
6.1.2. Present COVID-19 Market Scenario
6.1.3. After COVID-19 or Future Scenario
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion
7. Global Transmission Sales Market – By Compression Media
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Compression Media
7.1.2. Market Attractiveness Index, By Compression Media
7.2. Air Compression*
7.2.1. Introduction
7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Gas Compression
8. Global Transmission Sales Market – By Type
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
8.1.2. Market Attractiveness Index, By Type
8.2. Reciprocating Compressor*
8.2.1. Introduction
8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Rotatory Compressor
8.4. Centrifugal Compressor
9. Global Transmission Sales Market – By End-User
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
9.1.2. Market Attractiveness Index, By End-User
9.2. Oil & gas*
9.2.1. Introduction
9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Power Generation
9.4. Water & Wastewater Management
9.5. Others
10. Global Transmission Sales Market – By Application
10.1. Introduction
10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application.
10.1.2. Market Attractiveness Index, By Application
10.2. Artificial Lift*
10.2.1. Introduction
10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
10.3. Gas Processing Station
10.4. Others
11. Global Transmission Sales Market – By Region
11.1. Introduction
11.2. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
11.3. Market Attractiveness Index, By Region
11.4. North America
11.4.1. Introduction
11.4.2. Key Region-Specific Dynamics
11.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Compression Media
11.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.4.7.1. U.S.
11.4.7.2. Canada
11.4.7.3. Mexico
11.5. Europe
11.5.1. Introduction
11.5.2. Key Region-Specific Dynamics
11.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Compression Media
11.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.5.7.1. Germany
11.5.7.2. UK
11.5.7.3. France
11.5.7.4. Italy
11.5.7.5. Spain
11.5.7.6. Rest of Europe
11.6. South America
11.6.1. Introduction
11.6.2. Key Region-Specific Dynamics
11.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Compression Media
11.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.6.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.6.7.1. Brazil
11.6.7.2. Argentina
11.6.7.3. Rest of South America
11.7. Asia-Pacific
11.7.1. Introduction
11.7.2. Key Region-Specific Dynamics
11.7.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Compression Media
11.7.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.7.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11.7.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11.7.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.7.7.1. China
11.7.7.2. India
11.7.7.3. Japan
11.7.7.4. Australia
11.7.7.5. Rest of Asia-Pacific
11.8. Middle East and Africa
11.8.1. Introduction
11.8.2. Key Region-Specific Dynamics
11.8.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Compression Media
11.8.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
11.8.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11.8.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
12. Global Transmission Sales Market – Competitive Landscape
12.1. Competitive Scenario
12.2. Market Positioning/Share Analysis
12.3. Mergers and Acquisitions Analysis
13. Global Transmission Sales Market - Company Profiles
13.1. Cummins
13.1.1. Company Overview
13.1.2. Product Portfolio and Description
13.1.3. Key Highlights
13.1.4. Financial Overview
13.2. Caterpillar
13.3. Siemens SE
13.4. Gazprom
13.5. Mitsubishi Heavy Industries
13.6. Hyundai Heavy Industries
13.7. Atlas Copco
13.8. Ingersoll Rand
13.9. Bauer Kompressoren
13.10. GE Company (*LIST NOT EXHAUSTIVE)
14. Global Transmission Sales Market – Premium Insights
15. Global Transmission Sales Market – DataM
15.1. Appendix
15.2. About Us and Centrifugal Compressors
15.3. Contact Us