Log in using OpenID

Compressor Market Trends, Size, Share and Analysis

According to the report, one of the key drivers for market growth will be increase in demand from oil and gas industry in Middle East and China
Market Reports Center
One Stop Market Reaserch Shop
Compressor Market Analysis, Share and Size, Emerging Trends,
Overview and Outlook, Growth And Segment Forecasts To 2020
Technavio Announces the Publication of its Research Report Global Compressor Market 2016-2020
Technavio recognizes the following companies as the key players in the global compressor market: Atlas
Copco, Ingersoll-Rand, Siemens, Sulzer, and Wuxi Compressor.
Other Prominent Vendors in the market are: BOGE, Doosan, ELGI, Fusheng, Gardner Denver, Hanbell,
KAESER, KAESER, Kirloskar, and Shanghai Screw Compressor.
Browse full report with TOC@
Commenting on the report, an analyst from Technavio’ s team said: “Innovation of next-generation air
compressors will be a key trend for market growth. The vendors are now manufacturing air compressors
that make use of variable speed technology and a special drive to manipulate the speed. A variable
speed drive automatically controls the compressor operation based on the user's requirement for
compressed air. The peerless energy efficiency provided by this type of air compressors is attributed to
their continuous and real-time operational nature. This helps in reducing the demand for electric power
and fuel, thus aiding in decreasing the emission levels as well.”
According to the report, one of the key drivers for market growth will be increase in demand from oil
and gas industry in Middle East and China. The growth of the global oil and gas industry has led to a hike
in demand for air compressors. Compressors are used in a variety of applications ranging from the
extraction of crude oil and gas to the point it reaches the end customers through the refinery and
associated pipelines. Compressed air is widely used in sweetening of gasoline, oxidation of sour water,
catalyst regeneration, and removal of sulfur.
Market Reports Center
One Stop Market Reaserch Shop
Further, the report states that uncertainty in the raw material price will be a challenge for the market.
Although the production cost in developing countries in APAC, such as China, is comparatively lower
compared with the developed countries in EMEA and the Americas, the unpredictability of raw material
prices is affecting the vendors in the global air compressor market extensively. The main raw materials
used in the production of compressors include aluminum, steel, and castings. It may also include
bearings and crankshafts. The cost of these inputs do not remain constant but fluctuate continuously,
due to their scarcity and inflationary pressures. Fluctuations in raw material prices impact the
productivity of vendors, in terms of the number of units they need to manufacture.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
Request A Sample copy of This Report @
About Compressors
Compressors are mechanical devices that compress air or gas in a sealed unit and deliver it at the
desired pressure levels. Compressors are categorized as air compressors and gas compressors. An air
compressor is a device that compresses and pressurizes air and thereby, converts its potential energy
into kinetic energy. A gas compressor is a device that reduces the volume of gas to increase its pressure
following the principle of Boyle's law. An air compressor is a distinct type of gas compressor.
Compressors are used in several applications across the oil and gas, petrochemicals and chemicals,
power generation, desalination, water and wastewater treatment, mining and cement, and fertilizers
industries. The major types of compressors considered in this report are centrifugal compressors and
positive displacement compressors.
Technavio’ s analysts forecast the global compressor market to grow at a CAGR of 6.5% during the
period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global compressor market for
2016-2020. To calculate the market size, Technavio considers the revenue generated from the sale of
compressors in the end-user industries like oil and gas and manufacturing.
The market is divided into the following segments based on geography:
• Americas
Technavio's report, Global Compressor Market 2016-2020, has been prepared based on an in-depth
market analysis with inputs from industry experts. The report covers the market landscape and its
Market Reports Center
One Stop Market Reaserch Shop
growth prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
To Get Discount On The Report @
Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
[email protected]
matthewjlarue342   документа Email
technical documentation
File Size
367 Кб
Пожаловаться на содержимое документа