Aug 16, 2018   SOURCE: BusinessWire

Global Compressor Market (2018-2023) by End-user, Type and Geography - ResearchAndMarkets.com

The "Global Compressor Market - Segmented by End-user, Type, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

Power generation, oil & gas, and manufacturing sector are the biggest consumers of the compressors.

The gas is increasingly replacing the oil and coal as an energy source in transportation as well as power generation sector. In order to fulfill the growing gas demand, the large investments to build the gas pipeline network are expected across the globe.

The compressors are an integral part of gas transportation infrastructure. Hence, growing gas pipeline network is expected to be one of the most significant drivers for the compressor market during the forecast period.

Apart from that, the emerging countries, such as India, Vietnam, and Malaysia are encouraging the foreign investments in the manufacturing through government programs, which, in turn, is expected to drive the manufacturing sector, in turn supporting the demand for compressors during the forecast period.

Key Highlights

  • Growing Demand for Compressors in Power Industry to Drive the Market
  • Technological Advancements to Help Drive the Market
  • Asia-Pacific Region to Experience Substantial Market Growth

Developments in the Market

  • February 2018: Maersk Oil has awarded to contract to Baker Hughes GE (BHGE) to provide turbomachinery, including gas compressors, for Tyra field redevelopment project in Danish North Sea area. The order includes seven compressor trains, equipped with active magnetic bearing (AMB) solution for driver and driven equipment.

Key Topics Covered

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Value Chain Analysis

6. Industry Attractiveness - Porter's Five Forces Analysis

7. Market Segmentation and Analysis

8. Regional Market Analysis

9. Key Company Analysis

  • Atlas Copco
  • General Electric Company
  • Ingersoll Rand PLC
  • Siemens AG
  • Sulzer AG
  • Wuzi Compressor Co. Ltd.
  • Aerzener Maschinenfabrik GmbH
  • Ariel Corporation
  • Bauer Compressors Inc.
  • Ebara Corporation
  • Gardner Denver
  • Wartsila Corporation

10. Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/research/dh78rh/global_compressor?w=4