Market Research Report
Global Compressor Market 2016-2020
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||365969|
|Published||Content info||64 Pages
|Global Compressor Market 2016-2020|
|Published: July 28, 2016||Content info: 64 Pages||
Compressors are mechanical devices that compress air or gas in a sealed unit and deliver it at the desired pressure levels. Compressors are categorized as air compressors and gas compressors. An air compressor is a device that compresses and pressurizes air and thereby, converts its potential energy into kinetic energy. A gas compressor is a device that reduces the volume of gas to increase its pressure following the principle of Boyle's law. An air compressor is a distinct type of gas compressor. Compressors are used in several applications across the oil and gas, petrochemicals and chemicals, power generation, desalination, water and wastewater treatment, mining and cement, and fertilizers industries. The major types of compressors considered in this report are centrifugal compressors and positive displacement compressors.
Technavio's analysts forecast the global compressor market to grow at a CAGR of 6.5% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global compressor market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the sale of compressors in the end-user industries like oil and gas and manufacturing.
The market is divided into the following segments based on geography:
Technavio's report, Global Compressor Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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