Global Compressor Market size is Expected to Grow at a compound annual growth rate (CAGR) of 4.47% during forecast period.
Several compressor manufacturers are working to create more energy-efficient products in response to rising end-user demands and shifting energy efficiency standards. This factor is expected to open up a number of new opportunities for the market in the future.
Because of the increased use of various types of compressors in upstream, midstream, and downstream sectors for several distinctly different applications such as transmission, storage, gas gathering, gas lift, gas injection, flash gas compression, refrigeration, and so on, the oil and gas end-user segment is expected to dominate the compressor market.
With increased environmental awareness over the last decade, most countries have planned to reduce carbon emissions by shifting from coal-based electricity generation to gas-based energy generation, which supported a 22.3% increase in global natural gas production from 2010 to 2020. The increase in natural gas production and consumption for power generation is expected to continue, supporting demand for compressors in the oil and gas industry.
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This report examines all the key factors influencing growth of global Compressor market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Compressor market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Major prominent Players of Compressor Market:
- Sullair
- MITSUBISHI HEAVY INDUSTRIES Compressor Corporation
- Atlas Copco
- BOGE
- Gardner Denver
- Zhejiang Kaishan Compressor Co., Ltd
- Elgi
- Doosan
- Ingersoll Rand
- Hongwuhuan
- Kaeser
- Airman
Global Compressor Market: Types
- Stationary Compressor
- Portable Compressor
Global Compressor Market: Applications
- Oil-Free Compressors
- Oil Compressors
Global Compressor Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Compressor market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Reasons to buy this report:
- Qualitative and quantitative analysis of the market based on segmentation that includes both economic and non-economic factors
- Provide market value (USD Billion) data by segment and sub-segment
- Indicates regions and segments expected to witness the fastest growth and dominate the market.
- Regional analysis highlighting the consumption of products/services in those regions and showing the factors influencing the market within each region
- Competitive landscape consolidating market rankings of key players, with new service/product launches, partnerships, business expansions and acquisitions of companies profiled over the past five years.
- Extensive company profiles consisting of company overviews, company insights, product benchmarking and SWOT analysis for key market players.
- Current and future market outlook for the industry with respect to recent developments, including growth opportunities and drivers, challenges and constraints in both emerging and developed regions.
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