Press release
Gas Compressors Market 2022 Major Factors That Can Increase the Worldwide Demand
Gas Compressors Market documented by Market Intelligence data (MID) means to offer a coordinated and orderly methodology for the major aspects that have influenced the market in the past and the forthcoming market prospects on which the organizations can depend upon before investing. It furnishes with a reasonable examination of the market for better decision-making and assessment to put resources into it. The report analyses the elements and a complete detailed outlook of the main players that are probably going to add to the demand in the Gas Compressors in the upcoming years.The Gas Compressors Market is expected to register a CAGR of 7.78% over the forecast period 2022-2027.
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Market Overview
The gas compressors market is expected to register a CAGR of about during the forecast period of 2020-2025. The factors, such as the growing demand for natural gas (by 1.6% y-o-y till 2022), are expected to drive the growth of the gas compressors market during the forecast period. However, the growing share of renewable energy (in the total volume of energy consumption) is expected to restrain the growth of the market during the forecast period. The midstream sector includes gas processing, gas pipeline transmission, and gas storage. It is expected to dominate the market during the forecast period.
Major players in the Gas Compressors market are:
GE, ARIEL, Dresser-Rand, Atlas Copco, Burckhardt, Ingersoll Rand, HMS Group, Gardner Denver, Accudyne, Kobelco, BAUER, CHKZ LLC, Blower works, Kaishan
Industry News
General Electric's largest acquisition to date was in 2015, when it acquired Alstom - Power and Grid businesses for $12.4B. It's largest disclosed sale occurred in 2007, when it sold SABIC Innovative Plastics US to Saudi Basic Industries for $11.6B. General Electric has acquired in 12 different US states, and 13 countries. The Company's most targeted sectors include machinery (15%) and software (13%).
On the basis of types, the global Gas Compressors market from 2022 to 2027 is primarily split into:
Centrifugal Gas Compressors
Reciprocating Gas Compressors
Screw Gas Compressors
Others
On the basis of applications, the global Gas Compressors market from 2022 to 2027 covers:
Natural Gas Industry
Petrochemical Industry
Coal Chemical Industry
Others
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Regional Analysis:
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
with sales, price, revenue, and market share from 2022 to 2027. All geographical markets ranging from emerging to current ones have been covered in the report. The global and regional conception evaluates the key factors, investment feasibility analysis, and SWOT analysis across various regions.
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The study objectives of this report are:
To study and analyse the global Gas Compressors market size (value and volume) by the company, key regions/countries, products and application, history data from 2016 to 2022, and forecast to 2027.
To understand the structure of the Gas Compressors market by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the Gas Compressors market (growth potential, opportunities, drivers, industry-specific challenges, and risks).
Focuses on the key global Gas Compressors market manufacturers, to define, describe, and analyse the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
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Report Features:
The report delivers a detailed view of the industry based on Gas Compressors Market size, market growth, and opportunities. The report also analyses market key aspects such as-
- Gas Compressors Market structure: Overview, industry life cycle analysis, supply chain analysis
- Gas Compressors Market environment analysis: Growth drivers and constraints, and SWOT analysis.
- Gas Compressors Market trend and forecast analysis
- Gas Compressors Market segment trend and forecast
-Competitive landscape and dynamics: Gas Compressors Market share, product launches, etc.
-Attractive market segments and associated growth opportunities
-Emerging trends
-Strategic growth opportunities for the existing and new players
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