PUBLISHER: TechNavio | PRODUCT CODE: 1270839
PUBLISHER: TechNavio | PRODUCT CODE: 1270839
Technavio has been monitoring the compressors market and is forecast to grow by USD 14834.55 mn during 2022-2027, accelerating at a CAGR of 3.62% during the forecast period. Our report on the compressors market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of compressors in various industries, the growing need for energy-efficient compressors, and the expansion of oil terminals.
Technavio's compressors market is segmented as below:
By End-user
By Type
By Geographical Landscape
This study identifies the rising demand for oil-free compressors as one of the prime reasons driving the compressors market growth during the next few years. Also, increasing adoption of a rental model for compressor procurement and increasing focus on big data analytics will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading compressors market vendors that include Atlas Copco UK, BAC Compressors, BOGE KOMPRESSOREN GmbH and Co. KG, Danfoss AS, Dearing Compressor and Pump Co., Doosan Portable Power Co., Elgi Equipments Ltd, Fusheng Precision Co. Ltd., Hanbell Precise Machinery Co. Ltd., Hitachi Ltd., Indo-Air Compressors Pvt. Ltd., Ingersoll Rand Inc., KAESER KOMPRESSOREN SE, Kaishan Compressor USA, Kirloskar Pneumatic Co. Ltd., Kobe Steel Ltd., Parker Hannifin Corp., Siemens Energy AG, Sulzer Management Ltd., and Yantra Technologies. Also, the compressors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
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