Apr 2, 2021   SOURCE: BusinessWire

Worldwide Gas Compressors Industry to 2025 - Players Include Ariel, Atlas Copco & Bauer Compressors Among Others - ResearchAndMarkets.com

The "Gas Compressors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

The global gas compressors market grew at a CAGR of around 7% during 2014-2019. Looking forward, the publisher expects the global gas compressors market to exhibit moderate growth during the next five years.

A gas compressor refers to a mechanical device that increases the static pressure of a gas by reducing its volume. Some of the commonly used gas compressors include positive displacement and dynamic gas compressors. Positive displacement compressors include reciprocating and rotary variants that compress the gas by confining it in a closed space and increasing the pressure.

On the other hand, the dynamic compressor consists of an axial and centrifugal compressor that compresses the gas through the mechanical action of rotating vanes or impellers. These compressors are commonly used for gases, such as ethylene, fluorine, argon, hydrogen, nitrogen, xenon and silane. As a result, they find extensive applications across various industries, including general manufacturing, construction, oil & gas, mining, chemicals and petrochemicals and power generation.

Significant growth in the oil and gas industry across the globe represents one of the key factors creating a positive outlook for the market. Furthermore, the widespread adoption of gas compressors for the processing and transportation of renewable energy resources, such as natural gas, over long distances, is also driving the market growth. In line with this, they are also used in hospitals during surgical procedures and in air filtration duct systems for maintaining the air quality and preventing contaminations and infections.

Additionally, various product innovations, such as the development of energy-efficient portable compressors for automation in industrial plants, are acting as other growth-inducing factors. Product manufacturers are also developing variants with improved storage tanks, enhanced performance capabilities, minimal maintenance requirements and fuel consumption, which, in turn, is favoring the market growth. Other factors, including rapid industrialization, along with extensive research and development (R&D) activities, are anticipated to drive the market further.

Companies Mentioned

  • Ariel Corporation
  • Atlas Copco AB
  • Bauer Compressors Inc.
  • Burckhardt Compression Holding AG
  • Exterran Corporation
  • Gardner Denver Inc.
  • General Electric Company
  • Hitachi Ltd.
  • Kobelco
  • Siemens AG

Key Questions Answered in This Report:

  • How has the global gas compressors market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global gas compressors market?
  • What are the key regional markets?
  • What is the breakup of the market based on the compressor type?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global gas compressors market and who are the key players?
  • What is the degree of competition in the industry?

 

Key Topics Covered:

 

1 Preface

 

2 Scope and Methodology

 

3 Executive Summary

 

4 Introduction

4.1 Overview

4.2 Key Industry Trends

 

5 Global Gas Compressors Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

 

6 Market Breakup by Compressor Type

6.1 Positive Displacement Compressor

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 Dynamic Compressor

6.2.1 Market Trends

6.2.2 Market Forecast

 

7 Market Breakup by End Use Industry

7.1 General Manufacturing

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 Construction

7.2.1 Market Trends

7.2.2 Market Forecast

7.3 Oil and Gas

7.3.1 Market Trends

7.3.2 Market Forecast

7.4 Mining

7.4.1 Market Trends

7.4.2 Market Forecast

7.5 Chemicals and Petrochemicals

7.5.1 Market Trends

7.5.2 Market Forecast

7.6 Power Generation

7.6.1 Market Trends

7.6.2 Market Forecast

7.7 Others

7.7.1 Market Trends

7.7.2 Market Forecast

 

8 Market Breakup by Region

8.1 North America

8.2 Asia-Pacific

8.3 Europe

8.4 Latin America

8.5 Middle East and Africa

 

9 SWOT Analysis

 

10 Value Chain Analysis

 

11 Porters Five Forces Analysis

 

12 Price Analysis

 

13 Competitive Landscape

13.1 Market Structure

13.2 Key Players

13.3 Profiles of Key Players

 

For more information about this report visit https://www.researchandmarkets.com/r/zd954q.