openPR Logo
Press release

Reciprocating Compressors Market 2020 | Worldwide Overview, Top Manufacturers, COVID – 19 Impact Analysis, Scope, Stake, Progress, Demand and Forecast by 2025

07-31-2020 08:41 AM CET | Energy & Environment

Press release from: Market Research Future

Reciprocating Compressors Market

Reciprocating Compressors Market

Reciprocating Compressors Market Analysis:

The Global Reciprocating Compressors Market is projected to be valued at USD 6,497 Million by 2025, with 5.92% CAGR during the forecast period, 2019–2025. A reciprocating compressor is a positive displacement compressor, which sucks gas into a chamber and then compresses it by decreasing the area of the chamber. The area is reduced using a piston to compress air, which makes a reciprocating motion. There is a central crankshaft, which is connected to the shaft of an electric motor and transfers its rotary motion to the piston. It is used in various application, including manufacturing, natural gas processing and delivery, chemical plants, refrigeration plants, and oil refineries.

Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/8351

Key Manufacturers:

The key players operating in the global reciprocating compressors market are Ariel Corporation (US), Siemens (Germany), General Electric (US), Atlas Copco (Sweden), Ingersoll-Rand plc (Ireland), Kobe Steel, Ltd. (Japan), Burckhardt Compression AG (Switzerland), Hitachi Industrial Products, Ltd. (Japan), Howden Group (UK), Gardner Denver, Inc. (US), Sundyne (US), Shenyang Blower Works Group Corporation (China), Kaeser Kompressoren (Germany), mayekawa mfg. Co., Ltd (US), and Corken, Inc. (US).

Impact of the Covid-19 Outbreak on the Reciprocating Compressor Market at: https://www.marketresearchfuture.com/report/covid-19-impact-reciprocating-compressor-market

Segmental Overview:

The global reciprocating compressors market has been segmented based on type, component, end-use industry, and region.

Based on type, the global market is segmented into portable, and stationary. The portable segment is expected to dominate the global market owing to the increasing trend of oil & gas exploration and mining, which drives the demand for portable reciprocating compressors in the global market during the forecast period.

Based on component, the global market is segmented as crankshaft, piston, bearings, and others. The bearings segment is expected to grow with the highest CAGR during the forecast period as it is used in various range of industries and entitled for smaller durability of operational life.

Based on end-use industry, the global market is segmented into oil & gas, manufacturing, food & beverage, semiconductor & electronics, mining, and others. The manufacturing segment is expected to hold the largest market share during the forecast period.

Regional Outlook:

The global reciprocating compressors market has been segmented into five regions, namely Asia-Pacific, Middle East & Africa, Europe, North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.

Asia-Pacific holds the largest share of the global reciprocating compressors market due to increasing industrialization and rising investment in the manufacturing sector in Asia-Pacific. China holds the highest market share in Asia-Pacific owing to increasing focus in manufacturing sector. For instance, according to world investment report 2018, China recorded an inflow of foreign direct investment worth USD 136 billion, which signifies increasing investments in the manufacturing and construction sector during the forecast period.

The reciprocating compressors market in Europe is expected to be dominated by Germany owing to increasing focus on achieving more contracts and agreement for various industries. For instance, in June 2018, Burckhardt Compression AG (Switzerland) had received a turnkey contract for revamping and modernization hyper/secondary compressors at a low-density polyethylene plant (LDPE).

The reciprocating compressors market within the Middle East & Africa is dominated by Saudi Arabia owing to increasing oil & gas exploration projects. For instance, in December 2017, Saudi Aramco, a Saudi Arabian Oil Company, awarded a contract worth USD 175 million to Baker Hughes, a GE Company, for leveraging the gas resources and increasing gas production to its double production capacity.

The reciprocating compressors market in South America is dominated by Brazil owing to increasing oil reserves and production capacity. According to the BP Statistical Review of World Energy 2019 report, in 2017, oil reserves were 12.8 thousand million barrels, which increased to 13.4 thousand million barrels in 2018. Hence, increasing oil reserve capacity drives the demand for reciprocating compressor in brazil during the forecast period.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/reciprocating-compressor-market-8351

Contact:

Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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 Compressors Market 2020 | Worldwide Overview, Top Manufacturers, COVID – 19 Impact Analysis, Scope, Stake, Progress, Demand and Forecast by 2025 here

News-ID: 2100422 • Views: 183

More Releases from Market Research Future

Ethernet PHY Chip Market to Post 10.3% CAGR from 2020 and 2026 By Size, Share, C …
Market Overview Market Research Future (MRFR) projects that the global ethernet PHY chip market is set to expand at 10.3% CAGR between 2020 and 2026. The market is expected to surpass a valuation of the USD 14,200 Mn by the year 2026. Ethernet devices are used of support various types of physical media interfaces that requires high-speed networks. The rising application in digital televisions, gaming consoles, embedded telecom systems, set-top boxes is
Shortwave Infrared Market 2020 Global Industry Analysis By Identifying the Key M …
Market Synopsis: Shortwave infrared is sensitive to wavelengths ranging from 0.4 to 3 microns, which is 1,100 to 3,000 nanometers. This range is not visible to naked eyes, which is expected to lead to rising applications of the technology in the upcoming years. According to the study offered by Market Research Future MRFR), the global shortwave infrared market is anticipated to surpass USD 300 Mn mark by 2023 up from
Hybrid Fibre Coaxial (HFC) Market 2020 Size, Share, Growth, Trends, Product Spec …
Market Analysis Currently, hybrid fibre coaxial (HFC) is identified as one of the leading fibre optic technologies. In broadband communication, it uses optical fibre and coaxial cable combine, the major advantage of which, is that it offers greater enterprise video conferencing, voice transfer, telephony, and data services. Thus, the cost effictivness of HFC cables and their utility across industries and residential complexes can gain high earnings for the market. Moreover, the
Hybrid Fibre Coaxial (HFC) Market Size, Share, Top Key Players,Growth, Trends, P …
Market Analysis Currently, hybrid fibre coaxial (HFC) is identified as one of the leading fibre optic technologies. In broadband communication, it uses optical fibre and coaxial cable combine, the major advantage of which, is that it offers greater enterprise video conferencing, voice transfer, telephony, and data services. Thus, the cost effictivness of HFC cables and their utility across industries and residential complexes can gain high earnings for the market. Moreover, the

All 5 Releases


More Releases for Reciprocating

Vertical Reciprocating Conveyors | Vertical Lift - Technovision
Vertical Reciprocating Conveyor(VRC) Technovision is one of the front Runner in Manufacturing, Supplier & Exporters of Material Handling Equipment and Vertical Reciprocating Conveyor in India With an ISO 9001-2015 Certification. The core focus of the company lies in superior quality and excellent customer services. Vertical Reciprocating Conveyors is widely used to move the material from one floor to another floor with great safety in industrial facilities, stockrooms, warehouse and among numerous others.
Electric Reciprocating Saw Market Is Thriving Worldwide
HTF MI recently broadcasted a new study in its database that highlights the in-depth market analysis with future prospects of Electric Reciprocating Saw market. The study covers significant data which makes the research document a handy resource for managers, industry executives and other key people get ready-to-access and self analyzed study along with graphs and tables to help understand market trends, drivers and market challenges. Some of the key players
Global Reciprocating Compressor Market Segments, Development, Opportunities & Fo …
Qyresearchreports include new market research report "Global Reciprocating Compressor Market Research Report 2018" to its huge collection of research reports. This report studies the global Reciprocating Compressor market status and forecast, categorizes the global Reciprocating Compressor market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and
Strategic Analysis of Reciprocating Air Compressor Market
Reciprocating air compressor consist of piston-cylinder arrangement which is used to compress air. In this type of air compressor, a piston moves back-and-forth inside the cylinder to compress the air. The reciprocating air compressor is also known as positive displacement compressor. Reciprocating air compressor is available as lubricated and oil-free. Rise in manufacturing activities, especially in the automotive sector in Asia Pacific is expected to increase the demand for reciprocating
Reciprocating Engines Market is Blooming Worldwide
HTF MI recently introduced new title on “Global Reciprocating Engines Market Research Report 2018” from its database. The report provides study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2025. The Report gives you competition analysis of top manufacturer with sales volume, price, revenue (Million USD) and market share, the top players including GE Energy, Clarke Energy, Siemens Energy, Rolls Royce
Vertical Reciprocating Conveyors Manufacturer-Technovision from Pune
Vertical Reciprocating Conveyors Manufacturer - Technovision from Pune The Company is one of the front Runner in Manufacturing Material Handling Equipment and Vertical Reciprocating Conveyor in India With an ISO 9001-2015 Certification. The core focus of the company lies in superior quality and excellent customer services. Technovision Engineers Pvt. Ltd. Manufacturer & Supplier of a wide range of products which include Vertical Reciprocating Conveyor such as Two Post VRC, Four Post VRC, Cantilever VRC, Auto VRC,