Compressors are mechanical devices used to compress air and gas; they convert mechanical energy into pneumatic energy via compression. Compressors use pistons, vanes, and other mechanisms to compress air and gas and thus elevate them to higher pressures from initial low pressures. Compressed air and gas thus obtained is a source of energy, which can be used for various applications in industries such as Manufacturing, Petroleum, Chemical, Power, Mining, Food and Beverages, Pharmaceutical, and Medical. Based on functionality and design, compressors can be divided into several types; however, the major types of compressor are the positive displacement compressors and centrifugal compressors. TechNavio's analysts forecast the Global Compressors market to grow at a CAGR of 8.15 percent over the period 2013-2018.
Covered in this Report
This report covers the present scenario and the growth prospects of the Global Compressors market for the period 2015-2018. This report considers the revenue generated from the sales of compressors. The report includes the following types of compressors:
TechNavio's report, the Global Compressors Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Compressors market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
• Increased Investment in Non-oil and Gas Sectors in MENA Region • For a full, detailed list, view our report
Market Challenge
• Adherence to Stringent Quality Requirements • For a full, detailed list, view our report
Market Trend
• Focus on Clean Air Technologies • For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2018 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?