Press release
Reciprocating Compressor Market Report Examines Latest Trends and Key Drivers Supporting Growth through 2024
MRRSE
To Get PDF for more Professional and Technical insights Visit @ https://www.mrrse.com/sample/1884
There are numerous players competing in the Russia reciprocating compressor market, with Kobelco Compressors Corporation, Atlas Copco AB, and General Electric (Oil & Gas) Co. at the top of the list. Other key contributors to the growth of the reciprocating compressor market include Dresser Rand Group Inc., Howden Group Ltd., Leobersdorfer Maschinenfabrik GmbH & Co.KG, Burckhardt Compression AG, Neuman & Esser Group, KwangShin Machinery Co. Ltd., BORSIG ZM Compression GmbH, Ariel Corporation, and SIAD Macchine Impianti S.p.A.
MRRSE has found that a number of these companies have been focused on strategic alliance as their go-to growth plan. Atlas Copco, one of the most prominent names in the reciprocating compressors market in Russia, acquired at least three companies in the first seven months of 2016 alone: FIAC, an Italian manufacturer of compressors and allied equipment, in January; Schneider Druckluft GmbH, a German manufacturer of compressed air solutions, in June; and Roxel Rental AS, a Norwegian supplier of drilling and well products and solutions, in July.
“Atlas Copco, through these acquisitions, has managed to strengthen the company’s position in offshore markets, which has also benefited its operations and presence in Russia,” the lead author of the MRRSE study states. “The acquisitions have also enabled Atlas Copco to expand its product portfolio as well as expertise within the compressors segment.”
Government Support Programs for Investors Act as a Positive Trend
“The Ministry of Industry and Trade of the Russian Federation has set down a number of rules and regulations that have had a significant impact on the reciprocating compressors market,” the lead author reports. For instance, the European Union, the U.S. Commerce Department, and the U.S. Bureau of Industry and Security restricts the use of U.S.-origin energy exploration or production equipment as well as technology for subsea applications in the Russia oil and gas industry. This includes the prohibition of compressors. This has strengthened the presence of local manufacturers of reciprocating compressors.
In addition to this, the Russian government has introduced several support programs for investors that have empowered subsea applications in the country. This, in turn, has boosted the demand for reciprocating compressors, among other industrial equipment.
Local manufacturers of reciprocating compressors in Russia have, in the past, faced numerous hurdles owing to the lack of sustainability to cope up with international standards and quality benchmarks. A number of them have, therefore, pinned their hopes on the global advancement of technology and innovation and the development of maintenance-free compressors with greater efficiency.
“Foreign direct investment (FDI) will bring to Russia the benefits of these technological advancements and augment the output efficiency of the reciprocating compressors market in Russia,” the MRRSE analyst predicts.
The report also includes competitive profiling of major players along with the value chain analysis for reciprocating compressors. Key business strategies adopted by leading players, their market positioning, and various recent developments have also been identified in the research report. This research report also provides market positioning analysis of major players in the Russia reciprocating compressors market based on their 2015 revenues. Some of the prominent players dominating the reciprocating compressors in the Russia include Atlas Copco AB, Kobelco Compressors Corporation, Dresser Rand Group Inc., Howden Group Ltd., and General Electric (Oil & Gas) Co. These players hold significant market share in the Russian reciprocating compressor market collectively holding approximately 40% of the market share in 2015. The other key players profiled in the research study include Leobersdorfer Maschinenfabrik GmbH & Co.KG, Burckhardt Compression AG, Neuman & Esser Group, KwangShin Machinery Co. Ltd., BORSIG ZM Compression GmbH, Ariel Corporation, and SIAD Macchine Impianti S.p.A.
Complete Report with Tables and Figures now available at @ https://www.mrrse.com/russia-reciprocating-compressor-market
The Russia reciprocating compressor market is segmented as below:
Russia Reciprocating Compressor Market: By Type
Industrial Process Gas Reciprocating Compressor
API 618
High-speed Reciprocating Compressor
LNG Reciprocating Compressor
BOG Reciprocating Compressor
Russia Reciprocating Compressor Market: By End-use Industry
Chemical
Oil & Gas
Upstream
Midstream
Downstream
Petrochemical
LNG
Small and Medium sized Plants
Big & Giant Sized Plants
Others
About Market Research Reports Search Engine (MRRSE)
Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
Contact Us
State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Reciprocating Compressor Market Report Examines Latest Trends and Key Drivers Supporting Growth through 2024 here
News-ID: 1025341 • Views: …
More Releases from MRRSE
Sales of Digital Printing for Packaging Market Motivated with Rising Demand from …
A recent market study published by MRRSE, “Digital Printing for Packaging Market: Global Industry Analysis 2014-2018 & Forecast 2019-2029” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical, as well as current growth parameters of the digital printing for packaging market, the growth prospects of the market are obtained with maximum precision.
Get Brochure of The Report @ https://www.mrrse.com/sample/3234
Chapter 01 – Executive Summary
The…
Biofuel Testing Services Market Insights Covering Market Dynamics and Competitiv …
A recent market study published by MRRSE “Biofuel Testing Services Market: Global Industry Analysis 2013-2017 & Forecast 2018-2028” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historic as well as current growth parameters of the biofuel testing services market, the growth prospects of the market are obtained with maximum precision.
Chapter 01 – Executive Summary
The report commences with the executive summary of the…
Potassium Formate Market Growth Influenced by Burgeoning Opportunities from Prim …
A research study published by MRRSE provides readers with a comprehensive outlook of the global potassium formate market, to precisely gauge its futuristic development. It assesses the potassium formate industry on the historical and current scenario, and also includes a forecast for 2019 through to 2027. The report is designed to help key stakeholders make business decisions pertaining to the potassium formate market with the help of key findings and…
Sales of Lithium-ion Battery Market Motivated with Rising Demand from Industrial …
MRRSE, in its recently published research report, brings forth actionable intelligence into the lithium-ion battery market. The business study is intended at equipping stakeholders in the lithium-ion battery market with distinguished insights, and help them in developing sustainable growth strategies for business advancement.
This comprehensive research report provides an incisive outlook regarding the changing dynamics of the lithium-ion battery market, by identifying key drivers, restraints, opportunities, and threats. This study also…
More Releases for Russia
Russia Agriculture Market, Russia Agriculture Industry, Russia Agriculture Lives …
The agriculture sector of Russia country is the most steadily developing sector of the national economy. Country’s most important crops are sunflower oil, grains and corn. Russia country is a world champion for the export of wheat & buckwheat and amongst the top ten in terms of the export of many other crops. The country has also exporting a variety of livestock products and value-added food products. Country also produces…
Russia General Insurance Market Next Big Thing | Major Giants Allianz - Russia, …
HTF Market Intelligence released a new research report of 77 pages on title 'Russia General Insurance - Key Trends and Opportunities to 2025’ with detailed analysis, forecast and strategies. The study covers key regions that includes North America, Europe or Asia and important players such as Reso-Garantia, Alfa Strakhovanie, Ingosstrakh, VSK, Rosgosstrakh, Sogaz, Soglasie Insurance Company Ltd, Renaissance Group Insurance, YUZHURAL - ASKO, NSG-ROSENERGO Ltd, Sberbank Insurance Company LLC, VTB…
Russia Analysis of Viscosupplementation Market: Russia Industry & Opportunity As …
The single injection viscosupplementation segment in the Russia Viscosupplementation Market is expected to expand at the fastest and highest CAGR of 6.0% over the forecast period, due to relatively less competition across the product type segments. The three injection viscosupplementation product type segment was estimated to account for more than 69.4% share of the Russia viscosupplementation market in 2016, which is projected to increase to over 68.8% by the end…
Consumer Electronics in Russia
Summary
After the collapse of retail volume sales of consumer electronics in 2015, the negative trend continued in 2016. Although prices of oil were partly restored, business investments and the real income of Russians continued to decline, making a fast recovery of Russia’s economy questionable. As a result, consumers in Russia became very cautious when making their purchasing decisions. Despite the strong overall decline in retail volume sales, the performances of…
Consumer Health in Russia
Summary
Russian consumers are becoming more restrained in terms of spending money on consumer health products. The trend towards economising has become more widespread due to an economic slowdown in Russia and the consequent decrease in consumers’ disposable incomes. Russians are showing a greater preference for cheaper remedies or refusing to purchase any in the case of mild ailments that can be cured by traditional medicines. This is particularly so for…
Russia Hotels – Best Hotels Available in Russia
Are you tired of searching for best hotels in Russia through search engines, now there is no need to waste your valuable time digging search engines, because we proudly announce besthotelsrussia.com here you get all details about hotels available in Russia. Russia is the largest country in the world this place covers almost the whole of Asia and 40% of Europe. It also has huge population ranking in ninth position…
