Global Process Gas Compressors Market Size study, by Type (Oil injected, oil free) End-use (oil & gas, chemicals, power generation, industrial gases, others) and Regional Forecasts 2021-2027
- BIZ4618028
- 200 Pages
- August 2021
- Energy and Power
Global Process Gas Compressors Market is valued approximately USD 6.45 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 3.71% over the forecast period 2021-2027. Technological advancements in compression techniques have a significant impact on the equipment's compression capabilities, which is likely to fuel the process gas compressor market growth throughout the forecast period. Furthermore, the industry's need for air compressors is projected to be fueled by the increased use of durable and energy-efficient equipment. Also, creating high-power rated and efficient air compression equipment necessitates the use of advanced technology and a high level of technical competence. As a result, the process gas compressor market's expansion is anticipated to be hampered in the future years by the high cost of installation and maintenance. During the forecast period, however, the growth in manufacturing activities in Asia-Pacific and LAMEA is necessary to introduce manufacturers with significant revenue opportunities. With increased exports and imports by gas producing nations such as The United and Russia, as well as gas-consuming countries including China and the European Union, demand for process gas compressors in the midstream oil and gas sector is expected to rise. For instance, according to the U.S. Energy Information Administration, the natural gas pipeline network in the United States is a highly interconnected system that transports natural gas throughout the continent. About 3 million miles of mainline and other pipes connect natural gas producing locations and storage facilities with customers in the pipeline network. This natural gas transportation network provided around 28.3 trillion cubic feet (Tcf) of natural gas to over 76.9 million consumers in 2019. Also, The Interstate Natural Gas Association of America (INGAA) said pipeline and collecting CAPEX's economic consequences The anticipated pipeline and gathering line CAPEX of $22 billion per year is expected to generate approximately 325,000 employment per year in the United States. Over the 2018-2035 projection period, this investment is anticipated to contribute $565 billion to US GDP, $106 billion in Federal taxes, and $91 billion in state and local taxes, equating to average annual values of $31 billion, $6 billion, and $5 billion, respectively. Global oil and gas trunk pipes are anticipated to increase by 13.4% from 1.9 million kilometers in 2019 to 2.2 million kilometers in 2023. According to announced and planned projects, Asia and North America lead in pipeline length expansion, with a total of approximately 0.14 million km. This trend is expected to show good signals for the process gas compressor industry in the future years. In the United States, coal-fired energy output has declined significantly, with gas-fired energy production progressively taking its place. The percentage of energy produced from gas increased from 27.5 percent in 2014 to 35.1 percent in 2018, indicating that the market for process gas compressors in the Oil and Gas Industry is growing. The main regions of Asia Pacific, North America, Europe, Latin America, and the Rest of the World are included in the geographical analysis of the worldwide Process Gas Compressors market. The Asia Pacific region has had the quickest growth, owing to India's and China's expanding industrial and consumer markets, as well as increased gas consumption from established nations such as Australia. India's recent advancements in the sector of pipeline and city gas distribution are likely to play a significant role in the Asia-Pacific region's process gas compressor market growth. India is anticipated to have 34,384 kilometers of new pipelines online. The process gas compressor market in India is projected to benefit from India's investment in the refining and petrochemicals industries. India's refining capacity increased by 6.51 percent to 22495.43 TMT in March 2019, compared to March 2018. China's aim to lowering pollution by replacing coal-fired energy production with renewable energy and gas-fired energy production has resulted in a steady increase in gas demand over the years, making it the world's third-largest gas consumer. Major market player included in this report are: Atlas Copco Ab Ingersoll Rand General Electric Siemens Mitsui E&S Holdings Co. Ltd. Kaeser Kompressoren Hitachi Ltd. BAUER Comp Holding GmbH Howden Group Kobe Steel Ltd. The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: By Type: Oil Injected Oil Free By End-user: Oil & Gas Chemicals Power Generation Industrial Gases Others By Region: North America U.S. Canada Europe UK Germany France Spain Italy ROE Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico Rest of the World Furthermore, years considered for the study are as follows: Historical year – 2018, 2019 Base year – 2020 Forecast period – 2021 to 2027 Target Audience of the Global Process Gas Compressors Market in Market Study: Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalists Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers Investors
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion) 1.2.1. Process Gas Compressors Market, by Region, 2019-2027 (USD Billion) 1.2.2. Process Gas Compressors Market, by Type, 2019-2027 (USD Billion) 1.2.3. Process Gas Compressors Market, by End-use, 2019-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Process Gas Compressors Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Process Gas Compressors Market Dynamics 3.1. Process Gas Compressors Market Impact Analysis (2019-2027) 3.1.1. Market Drivers 3.1.1.1. Technological advancements in compression techniques 3.1.1.2. The rise in the adoption of robust and energy-efficient equipment 3.1.2. Market Challenges 3.1.2.1. High cost of installation and maintenance for the equipment 3.1.3. Market Opportunities 3.1.3.1. Increase in production activities from APAC Chapter 4. Global Process Gas Compressors Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Process Gas Compressors Market, by Type 5.1. Market Snapshot 5.2. Global Process Gas Compressors Market by Type, Performance - Potential Analysis 5.3. Global Process Gas Compressors Market Estimates & Forecasts by Type 2018-2027 (USD Billion) 5.4. Process Gas Compressors Market, Sub Segment Analysis 5.4.1. Oil Injected 5.4.2. Oil Free Chapter 6. Global Process Gas Compressors Market, by End-use 6.1. Market Snapshot 6.2. Global Process Gas Compressors Market by End-use, Performance - Potential Analysis 6.3. Global Process Gas Compressors Market Estimates & Forecasts by End-use 2018-2027 (USD Billion) 6.4. Process Gas Compressors Market, Sub Segment Analysis 6.4.1. Oil & Gas 6.4.2. Chemicals 6.4.3. Power Generation 6.4.4. Industrial Gases 6.4.5. Others Chapter 7. Global Process Gas Compressors Market, Regional Analysis 7.1. Process Gas Compressors Market, Regional Market Snapshot 7.2. North America Process Gas Compressors Market 7.2.1. U.S. Process Gas Compressors Market 7.2.1.1. Type breakdown estimates & forecasts, 2018-2027 7.2.1.2. End-use breakdown estimates & forecasts, 2018-2027 7.2.2. Canada Process Gas Compressors Market 7.3. Europe Process Gas Compressors Market Snapshot 7.3.1. U.K. Process Gas Compressors Market 7.3.2. Germany Process Gas Compressors Market 7.3.3. France Process Gas Compressors Market 7.3.4. Spain Process Gas Compressors Market 7.3.5. Italy Process Gas Compressors Market 7.3.6. Rest of Europe Process Gas Compressors Market 7.4. Asia-Pacific Process Gas Compressors Market Snapshot 7.4.1. China Process Gas Compressors Market 7.4.2. India Process Gas Compressors Market 7.4.3. Japan Process Gas Compressors Market 7.4.4. Australia Process Gas Compressors Market 7.4.5. South Korea Process Gas Compressors Market 7.4.6. Rest of Asia Pacific Process Gas Compressors Market 7.5. Latin America Process Gas Compressors Market Snapshot 7.5.1. Brazil Process Gas Compressors Market 7.5.2. Mexico Process Gas Compressors Market 7.6. Rest of The World Process Gas Compressors Market Chapter 8. Competitive Intelligence 8.1. Top Market Strategies 8.2. Company Profiles 8.2.1. Atlas Copco AB 8.2.1.1. Key Information 8.2.1.2. Overview 8.2.1.3. Financial (Subject to Data Availability) 8.2.1.4. End-use Summary 8.2.1.5. Recent Developments 8.2.2. Ingersoll Rand 8.2.3. General Electric 8.2.4. Siemens 8.2.5. Mitsui E&S Holdings Co. Ltd. 8.2.6. Kaeser Kompressoren 8.2.7. Hitachi Ltd. 8.2.8. BAUER Comp Holding GmbH 8.2.9. Howden Group 8.2.10. Kobe Steel Ltd. Chapter 9. Research Process 9.1. Research Process 9.1.1. Data Mining 9.1.2. Analysis 9.1.3. Market Estimation 9.1.4. Validation 9.1.5. Publishing 9.2. Research Attributes 9.3. Research Assumption
List of Tables TABLE 1. Global Process Gas Compressors Market, report scope TABLE 2. Global Process Gas Compressors Market estimates & forecasts by Region 2018-2027 (USD Billion) TABLE 3. Global Process Gas Compressors Market estimates & forecasts by Type 2018-2027 (USD Billion) TABLE 4. Global Process Gas Compressors Market estimates & forecasts by End-use 2018-2027 (USD Billion) TABLE 5. Global Process Gas Compressors Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 6. Global Process Gas Compressors Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 7. Global Process Gas Compressors Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 8. Global Process Gas Compressors Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 9. Global Process Gas Compressors Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 10. Global Process Gas Compressors Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 11. Global Process Gas Compressors Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 12. Global Process Gas Compressors Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 13. Global Process Gas Compressors Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 14. Global Process Gas Compressors Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 15. U.S. Process Gas Compressors Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 16. U.S. Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 17. U.S. Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 18. Canada Process Gas Compressors Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 19. Canada Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 20. Canada Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 21. UK Process Gas Compressors Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 22. UK Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 23. UK Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 24. Germany Process Gas Compressors Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 25. Germany Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 26. Germany Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 27. RoE Process Gas Compressors Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 28. RoE Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 29. RoE Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 30. China Process Gas Compressors Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 31. China Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 32. China Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 33. India Process Gas Compressors Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 34. India Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 35. India Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 36. Japan Process Gas Compressors Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 37. Japan Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 38. Japan Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 39. RoAPAC Process Gas Compressors Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 40. RoAPAC Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 41. RoAPAC Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 42. Brazil Process Gas Compressors Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 43. Brazil Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 44. Brazil Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 45. Mexico Process Gas Compressors Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 46. Mexico Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 47. Mexico Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 48. RoLA Process Gas Compressors Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 49. RoLA Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 50. RoLA Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 51. Row Process Gas Compressors Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 52. Row Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 53. Row Process Gas Compressors Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 54. List of secondary sources, used in the study of global Process Gas Compressors Market TABLE 55. List of primary sources, used in the study of global Process Gas Compressors Market TABLE 56. Years considered for the study TABLE 57. Exchange rates considered
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