Boston, MA -- (SBWIRE) -- 09/01/2016 -- 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.

Get More Details on this Report and a Full Table of Contents at Global Compressor Market 2016-2020

Technavio's analysts forecast the global compressor market to grow at a CAGR of 6.5% during the period 2016-2020.

Covered in this report

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:

-Americas
-APAC
-EMEA

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.

Key vendors

-Atlas
-Ingersoll-Rand
-Siemens
-Sulzer
-Wuxi

Other prominent vendors

-BOGE
-Doosan
-ELGI
-Fusheng
-Gardner Denver
-Hanbell
-KAESER
-Kaishan
-Kirloskar
-Shanghai Screw Compressor

Market driver

-Increase in demand from oil and gas industry in Middle East and China
-For a full, detailed list, view our report

Market challenge

-Uncertainty in the raw material price
-For a full, detailed list, view our report

Market trend

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

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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Atlas Copco, , Ingersoll-Rand, , Siemens, , Sulzer, , Wuxi Compressor, , BOGE, , Doosan, , ELGI, , Fusheng, , Gardner Denver, , Hanbell, , KAESER, , KAESER, , Kirloskar, , Shanghai Screw Compressor.

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