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Market Research Report

Global Compressors Market 2019-2023

Published by TechNavio (Infiniti Research Ltd.) Product code 365969
Published Content info 130 Pages
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Global Compressors Market 2019-2023
Published: March 4, 2019 Content info: 130 Pages
Description

About this market

Traditionally, gas turbines were used for mechanical drive compressors. The use of gas turbines resulted in environmental concerns due to the high emission of greenhouse gas. Many industries are adopting these electrically-driven energy-efficient compressors. Similarly, to reduce the overall operating expenditure (OPEX) in highly volatile industries such as oil and gas, mining and metals, and chemical and petrochemical, are increasingly adopting these energy-efficient compressors. The process and discrete industries have a large installed base of different types of compressors. These compressors include a large number of conventional compressors in these industries. The aging infrastructure has increased the need for upgrading these conventional compressors to energy-efficient compressors. Technavio's analysts have predicted that the compressors market will register a CAGR of over 4% by 2023.

Market Overview

Increasing demand from HVAC application

Compressors are used in HVAC equipment to compress refrigerant gas and convert hot gas into the high-pressure hot gas. The major factors driving the growth of the global HVAC market are the development of energy-efficient systems, increasing construction activities, as well as the growing smart homes market. As compressors find major utilities in air conditioning systems, the growing demand for HVAC is expected to drive the global compressors market during the forecast period.

Uncertainty in crude oil prices

Crude oil prices have a direct impact on the price of by-products such as gasoline and lubricants. The price slump forced upstream oil and gas companies to roll back or postpone their planned investment until the prices recovered. Therefore, oil and gas companies are cautious in future investments. particularly in large-scale projects. Most of the companies are investing carefully in large-scale projects and waiting for soil prices to stabilize.

For the detailed list of factors that will drive and challenge the growth of the compressors market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Table of Contents
Product Code: IRTNTR30931

TABLE OF CONTENTS

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Comparison by end-user
  • Oil and gas - Market size and forecast 2018-2023
  • Process industry - Market size and forecast 2018-2023
  • Discrete industry - Market size and forecast 2018-2023
  • Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Rising demand for oil-free compressors
  • Increasing adoption of rental model for compressor procurement
  • Increasing focus on big data analytics

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Atlas Copco AB
  • Danfoss A/S
  • Hitachi, Ltd.
  • Ingersoll-Rand plc
  • Siemens
  • Sulzer Ltd

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations

PART 15: EXPLORE TECHNAVIO

List of Exhibits

  • Exhibit 01: Global industrial automation and communication market
  • Exhibit 02: Segments of global industrial automation and communication market
  • Exhibit 03: Market characteristics
  • Exhibit 04: Market segments
  • Exhibit 05: Market definition - Inclusions and exclusions checklist
  • Exhibit 06: Market size 2018
  • Exhibit 07: Global market: Size and forecast 2018-2023 ($ billions)
  • Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
  • Exhibit 09: Five forces analysis 2018
  • Exhibit 10: Five forces analysis 2023
  • Exhibit 11: Bargaining power of buyers
  • Exhibit 12: Bargaining power of suppliers
  • Exhibit 13: Threat of new entrants
  • Exhibit 14: Threat of substitutes
  • Exhibit 15: Threat of rivalry
  • Exhibit 16: Market condition - Five forces 2018
  • Exhibit 17: End-user - Market share 2018-2023 (%)
  • Exhibit 18: Comparison by end-user
  • Exhibit 19: Oil and gas - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 20: Oil and gas - Year-over-year growth 2019-2023 (%)
  • Exhibit 21: Process industry - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 22: Application of compressors in major process industries
  • Exhibit 23: Process industry - Year-over-year growth 2019-2023 (%)
  • Exhibit 24: Discrete industry - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 25: Discrete industry - Year-over-year growth 2019-2023 (%)
  • Exhibit 26: Market opportunity by end-user
  • Exhibit 27: Customer landscape
  • Exhibit 28: Market share by geography 2018-2023 (%)
  • Exhibit 29: Geographic comparison
  • Exhibit 30: APAC - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 31: APAC - Year-over-year growth 2019-2023 (%)
  • Exhibit 32: Europe - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 33: Europe - Year-over-year growth 2019-2023 (%)
  • Exhibit 34: North America - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 35: North America - Year-over-year growth 2019-2023 (%)
  • Exhibit 36: South America - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 37: South America - Year-over-year growth 2019-2023 (%)
  • Exhibit 38: MEA - Market size and forecast 2018-2023 ($ billions)
  • Exhibit 39: MEA - Year-over-year growth 2019-2023 (%)
  • Exhibit 40: Key leading countries
  • Exhibit 41: Market opportunity
  • Exhibit 42: Worldwide oil terminal projects
  • Exhibit 43: Global crude oil price 2007-2016 ($ per bbl.)
  • Exhibit 44: Change in prices of copper and iron ore 2010-2017 (% change)
  • Exhibit 45: Impact of drivers and challenges
  • Exhibit 46: Vendor landscape
  • Exhibit 47: Landscape disruption
  • Exhibit 48: Vendors covered
  • Exhibit 49: Vendor classification
  • Exhibit 50: Market positioning of vendors
  • Exhibit 51: Atlas Copco AB - Vendor overview
  • Exhibit 52: Atlas Copco AB - Business segments
  • Exhibit 53: Atlas Copco AB - Organizational developments
  • Exhibit 54: Atlas Copco AB - Geographic focus
  • Exhibit 55: Atlas Copco AB - Segment focus
  • Exhibit 56: Atlas Copco AB - Key offerings
  • Exhibit 57: Danfoss A/S - Vendor overview
  • Exhibit 58: Danfoss A/S - Business segments
  • Exhibit 59: Danfoss A/S - Organizational developments
  • Exhibit 60: Danfoss A/S - Geographic focus
  • Exhibit 61: Danfoss A/S - Segment focus
  • Exhibit 62: Danfoss A/S - Key offerings
  • Exhibit 63: Hitachi, Ltd. - Vendor overview
  • Exhibit 64: Hitachi, Ltd. - Business segments
  • Exhibit 65: Hitachi, Ltd. - Organizational developments
  • Exhibit 66: Hitachi, Ltd. - Geographic focus
  • Exhibit 67: Hitachi, Ltd. - Segment focus
  • Exhibit 68: Hitachi, Ltd. - Key offerings
  • Exhibit 69: Ingersoll-Rand plc - Vendor overview
  • Exhibit 70: Ingersoll-Rand plc - Business segments
  • Exhibit 71: Ingersoll-Rand plc - Organizational developments
  • Exhibit 72: Ingersoll-Rand plc - Geographic focus
  • Exhibit 73: Ingersoll-Rand plc - Segment focus
  • Exhibit 74: Ingersoll-Rand plc - Key offerings
  • Exhibit 75: Siemens - Vendor overview
  • Exhibit 76: Siemens - Business segments
  • Exhibit 77: Siemens - Organizational developments
  • Exhibit 78: Siemens - Geographic focus
  • Exhibit 79: Siemens - Segment focus
  • Exhibit 80: Siemens - Key offerings
  • Exhibit 81: Sulzer Ltd - Vendor overview
  • Exhibit 82: Sulzer Ltd - Business segments
  • Exhibit 83: Sulzer Ltd - Organizational developments
  • Exhibit 84: Sulzer Ltd - Geographic focus
  • Exhibit 85: Sulzer Ltd - Segment focus
  • Exhibit 86: Sulzer Ltd - Key offerings
  • Exhibit 87: Validation techniques employed for market sizing
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