Press release
Gas Compressor Market, Industry Share, Growth, Demand, Segmentation and Forecast To 2031
Transparency Market Research delivers key insights on the global gas compressor market. In terms of revenue, the global gas compressor market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global gas compressor.
The global gas compressor market is broadly affected by several factors, including expansion of chemical industry and ongoing investment in construction of oil & gas pipeline. Furthermore, growth in deployment of energy-efficient gas compressor is also a key factor anticipated to propel the global gas compressor market.
๐๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ: https://www.transparencymarketresearch.com/gas-compressor-market.html
Gas Compressor Market: Dynamics
Governments around the world are increasingly taking initiatives to reduce emissions and meet anti-pollution norms by promoting the usage of compressed natural gas (CNG) fuels and natural gas vehicles (NGVs). Enhanced performance, reduced maintenance cost, low fuel cost, and strong storage tanks are propelling the popularity of CNG as a fuel source. As a result, the demand for CNG refueling stations has increased. This, in turn, is boosting the gas compressor market.
The available CNG station infrastructure is inadequate to meet the growing demand for CNG fuel. This is anticipated to drive the need for the installation of new CNG refueling stations, thus accelerating the adoption of gas compressors.
According to the European Alternative Fuels Observatory, the number of CNG cars in Europe reached ~1.2 million in 2020. This rise in the number of CNG vehicles is anticipated to increase in the next few years, thus driving the need for a CNG fueling infrastructure.
In India, there has been a vast growth in the adoption of CNG vehicles across the country. Currently, the penetration of CNG vehicles in India is around 30 cars per 1,000 people. This is likely to increase over the next few years, as EVs are still not affordable for people in India. The Government of India is focused on converting the country to a gas-based economy. It is pushing for an increase of CNG stations to 10,000 countrywide by 2030.
In terms of type, the oil injected segment dominated the global gas compressor market in 2020. The segment is expected to expand at a CAGR of 3.78% between 2021 and 2031. An oil injected compressor uses oil to lubricate the compression chamber and parts.
In terms of compressor, the positive displacement compressor constituted key share of the global gas compressor market in 2020. The positive displacement compressor includes piston compressor and rotary screw compressor. The rise in the demand for rotary screw compressor in end-use industries is anticipated to propel the demand for positive displacement compressors.
๐๐ฆ๐ฆ๐๐๐ข๐๐ญ๐ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ | ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ - https://www.transparencymarketresearch.com/checkout.php?rep_id=30224<ype=S
Gas Compressor Market: Prominent Regions
The gas compressor market in Asia Pacific is projected to expand considerably during the forecast period. China dominated the gas compressor market in Asia Pacific in 2020. Rise in FDI investment in exploration and production of oil and gas; and ongoing investment in pipeline infrastructure are key factors driving the gas compressor market in Asia Pacific.
The gas compressor market in Europe is expected to expand significantly during the forecast period, owing to the expansion of the chemical industry in the region. According to Germany Trade & Invest, the country constituted 27% of the total chemical industry revenue generated in European Union countries in 2019.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=30224
Gas Compressor Market: Key Players
Major players operating in the global gas compressor market are Atlas Copco AB, Ingersoll Rand, General Electric, Siemens, Mitsui E&S Holdings Co., Ltd., KAESER KOMPRESSOREN, Hitachi Ltd., BAUER COMP Holding GmbH, Howden Group, Kobe Steel, Ltd., J.P. Sauer & Sohn Maschinenbau GmbH, and Ariel Corporation.
Global Gas Compressor Market: Segmentation
Gas Compressor Market, by Compressor
Dynamic Compressor
Positive Displacement Compressor
Piston Compressor
Rotary Screw Compressor
Others (including Tooth Compressor and Scroll Compressor)
๐๐ฅ๐ข๐๐ค ๐ ๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=30224
Gas Compressor Market, by Type
Oil Injected
Oil Free
Gas Compressor Market, by End User
Construction
Oil & Gas
Mining
Chemicals
Power Generation
Others (including Pharmaceutical, Food & Beverages, and Transportation)
๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Plastic Recycling Market - https://www.digitaljournal.com/pr/companies-in-plastic-recycling-market-is-expected-to-reach-us-77-8-bn-till-2031
Tire Derived Fuel Market - https://www.digitaljournal.com/pr/opportunities-in-tire-derived-fuel-market-to-make-great-impact-in-near-future-by-2031
About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
Contact Us
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.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 Gas Compressor Market, Industry Share, Growth, Demand, Segmentation and Forecast To 2031 here
News-ID: 2845184 • Views: โฆ
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 โฆ
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends fromโฆ
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra โฆ
The global Technetiumโ99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetiumโ99mโฆ
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to โฆ
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equineโฆ
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of โฆ
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,โฆ
More Releases for Compressor
Refrigeration Compressor Market Thriving Worldwide: Emerson, GMCC, Huayi Compres โฆ
Latest Study on Industrial Growth of Global Refrigeration Compressor Market 2023-2029. A detailed study accumulated to offer the Latest insights about acute features of the Refrigeration Compressor market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trendsโฆ
Refrigeration compressor purchase
Refrigeration compressor purchase Compressor selection is the first step in the establishment of a refrigeration system. Choosing a suitable refrigeration compressor can neither have excess power nor insufficient cooling capacity, which can lead to an increase in power consumption. It must be more suitable for the local environment. In this article, the editor will share with you the selection principles of refrigeration compressors.
ใใ First: Select the compressor according to theโฆ
Oil Free Compressor Market (Oil-Free Compressor, Oil-Free Air Compressor) Key Pl โฆ
Oil Free Compressor (Oil-Free Compressor, Oil-Free Air Compressor) Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Oil Free Compressor (Oil-Free Compressor, Oil-Free Air Compressor) industry with a focus on the Chinese market. The report provides key statistics on the market status of the Oil Free Compressor (Oil-Free Compressor, Oil-Free Air Compressor) manufacturers and is a valuable source ofโฆ
Compressor Valves Market Trends, in-Depth Assessment, New Strategies, Price, Fut โฆ
What is Compressor Valves?
Compressor Valves are the valves used in a compressor to control the flow of fluid in a cylinder. The compressor valves are circular with a series of plates that are placed between valve seat and cover. The compressor valves market is expected to grow due to the revival of stalled infrastructure projects, the demand for eco-friendly products, and technological innovations.
The reports cover key market developments inโฆ
Business Overview: Global Oil Free Compressor (Oil-Free Compressor, Oil-Free Air โฆ
An oil-free compressor is only one of several types of compressors available. It works the same way as a standard air compressor, and may even look very similar on the outside; internally, however, it contains special seals designed to keep the crucial lubricating oil away from the compressed air. The moving parts inside the compressor require lubrication to reduce the friction. Lubrication is essential in adequate amounts, regardless of theโฆ
Compressor Valves Market| key manufacturers- Cook Compression, Burckhardt Compre โฆ
There has been prevalence of compressor valves in the oil and gas industry for its exhaustive applications in upstream, midstream and downstream operations. Given oil and gas industry is the most sought after primary source of energy, demand for compressor valves has surged. In addition, a significant demand for better wastewater management facilities is anticipated to favorably influence the market for compressor valves.
Get free Sample Copy @ https://www.mrrse.com/sample/17813
Small and medium-sizedโฆ
