Pune, Maharashtra -- (SBWIRE) -- 01/19/2017 -- Air Compressor Market in Oil and Gas Industry report 2016-2020 focuses on the major drivers and restraints for the key players. Air Compressor Market in Oil and Gas Industry research report also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.

The analysts forecast global air compressor market in oil and gas industry to grow at a CAGR of 7.2% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global air compressor market in oil and gas industry for 2016-2020. The report presents the vendor landscape and a corresponding detailed analysis of the top vendors in the market, excluding their market share analysis.

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Next-generation air compressors will be a key trend for market growth. Leading vendors in the global air compressor market are continuously innovating their product offerings to provide differentiated offerings in the highly competitive market. Vendors are employing extensive R&D to incorporate VSDs into their air compressors.

The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Atlas Copco
- GE
- Ingersoll-Rand
- Siemens
- Sulzer

Other prominent vendors
- BOGE
- Doosan
- ELGI
- Fusheng
- Gardner Denver
- Hanbell

And Continue…

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According to the report, growing oil and gas industry in China will be a key driver for market growth. Over the past few years, China has been among the top energy consumers globally. In 2011, it became the largest global energy consumer and the second-largest oil consumer, after the US. By the end of 2013, China surpassed the US to become the world's largest importer of crude oil and petroleum products due to the country's increasing consumption of oil.

Further, the report states that volatile raw material prices will be a challenge for the market. Though the production cost in developing countries in APAC, such as China, is comparatively lower than in the developed countries of EMEA and the Americas, volatility in raw material prices is adversely affecting the global air compressor market vendors.

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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 a SWOT analysis of the key vendors.

Market driver
- Demand from oil and gas industry in Middle East
- For a full, detailed list, view our report

Market challenge
- Instability in oil and gas prices
- For a full, detailed list, view our report

Market trend
- Next-generation air compressors
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 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?

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