Machines

Global Compressor Market 2016-2020

  • TEC636944
  • 64 Pages
  • July 2016
  • Machines
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.

Technavios 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
APAC
EMEA

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 growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Atlas
Ingersoll-Rand
Siemens
Sulzer
Wuxi

Other prominent vendors
BOGE
Doosan
ELGI
Fusheng
Gardner Denver
Hanbell
KAESER
Kaishan
Kirloskar
Shanghai Screw Compressor

Market driver
Increase in demand from oil and gas industry in Middle East and China
For a full, detailed list, view our report

Market challenge
Uncertainty in the raw material price
For a full, detailed list, view our report

Market trend
Next-generation air compressors
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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