Global gas compressor market is estimated to grow with xx% of CAGR during the year forecast period 2019-2027. Based on revenue, the market is anticipated to grow around $xx million by 2027. The base year analyzed for the market study is 2018 and the estimated period is between 2019 and 2027. Gas compressors are widely used in the oil & gas and power generation industries. In oil and gas sector, it is used in production, processing, transmission and storage of natural gas. While in the power generation sector, gas turbines power plants use these compressors to pump fuel gas with pressure. It is vital for the gas compressor to function properly as any failure in the system may cause the power plant to a standstill.

GLOBAL GAS COMPRESSOR MARKET FORECAST 2019-2027

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Global gas compressor market is estimated to grow with xx% of CAGR during the year forecast period 2019-2027. Based on revenue, the market is anticipated to grow around $xx million by 2027. The base year analyzed for the market study is 2018 and the estimated period is between 2019 and 2027.

Gas compressors are widely used in the oil & gas and power generation industries. In oil and gas sector, it is used in production, processing, transmission and storage of natural gas. While in the power generation sector, gas turbines power plants use these compressors to pump fuel gas with pressure. It is vital for the gas compressor to function properly as any failure in the system may cause the power plant to a standstill.

Global Population is on the rise; thus, the demand for energy is also expected to show an upward trend. This show that the resource-rich nations will witness rise in the usage of natural gas for power generation. This is because they can substitute natural gas with oil. However, other countries where natural gas needs to be imported, amendments in the policy will be required to make the market favorable for natural gas. Policymakers are giving push to natural gas to reduce CO2 emissions.

The major threat for the market will be trade tensions amongst the nations. For example, United States-China trade wars and restrictions from OPEC countries may affect the natural gas market. Besides, more renewable technologies are being developed, and their adoption rates is also rising, which is another factor that may restrict the market.

Life cycle costs, capital costs, maintenance costs, including overhaul and spare parts, fuel, or energy costs are the key variables for equipment selection. Secondly, usage level units, as well as fluctuations in demand, play an important role. A study of economic feasibility is essential to determine the best selection for a project’s economic life. The selection between dynamic and positive displacement is done based on gas composition, outlet pressure, flow rate, temperature and inlet pressure, reciprocating compressors: number of cylinders, cooling, and flow control strategy), train arrangement (Centrifugal compressors: series, parallel, multiple bodies, multiple sections, intercooling, etc. and number of units.

The report on global gas compressor market includes segmentation based on type, end-user and region.

Market by Type

  • Dynamic compressor
    • Centrifugal
    • Axial
  • Positive displacement compressor
    • Reciprocating
    • Rotary

Market by End-User

  • Oil & gas
  • Power generation
  • Others

Geographically, the global gas compressor market has been segmented on the basis of four major regions, which includes:

  • North America: the United States & Canada
  • Europe: United Kingdom, Germany, France, Spain, Italy, Russia & Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea & Rest of Asia Pacific
  • Rest of World: Latin America, Middle East & Africa

Some of the key giants operating in the global market include:

  • Atlas Copco AB
  • GE
  • Siemens
  • Sulzer AG

Company profiles cover the analysis of important players in the market. These companies are using organic and inorganic strategies to sustain in the competitive market. For instance, in July 2019, Atlas Copco AB acquired the operating assets of MGES Inc. The acquisition was made to expand its operations in medical gas solutions and medical gas systems. Siemens bagged a contract in the United States in May 2019 for cryogenic gas plants. For two, 250 million standard cubic feet per day cryogenic gas plants in the Delaware Basin, Siemens is to provide three residue compression trains. In July 2019, in Aberdeen, United Kingdom, Sulzer acquired Alba Power, a leading independent provider of aero-derivative gas turbines. It was done in order to diversify its business into distributed power and offshore applications as well as marine applications.

  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY (IN $ MILLION)
    • MARKET SUMMARY
    • KEY FINDINGS
  4. MARKET DYNAMICS
    • MARKET DEFINITION
    • MARKET DRIVERS
    • MARKET RESTRAINTS
    • MARKET OPPORTUNITIES
    • MARKET CHALLENGES
  5. MARKET BY TYPE (IN $ MILLION)
    • DYNAMIC COMPRESSOR
      • CENTRIFUGAL
      • AXIAL
    • POSITIVE DISPLACEMENT COMPRESSOR
      • RECIPROCATING
      • ROTARY
  1. MARKET BY END-USER (IN $ MILLION)
    • OIL & GAS
    • POWER GENERATION
    • OTHERS
  2. KEY ANALYTICS
    • PORTERS FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF COMPETITIVE RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  3. GEOGRAPHICAL ANALYSIS (IN $ MILLION)
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • SPAIN
      • RUSSIA
      • ITALY
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • AUSTRALIA
      • REST OF ASIA PACIFIC
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA
  1. COMPANY PROFILES
    • ATLAS COPCO AB
    • GENERAL ELECTRIC COMPANY
    • INGERSOLL-RAND PLC
    • SIEMENS AG
    • SULZER AG
    • KOBE STEEL, LTD.
    • ARIEL CORPORATION
    • BAUER COMPRESSORS, INC.
    • BURCKHARDT COMPRESSION HOLDING AG
    • EBARA CORPORATION

 

LIST OF TABLES

TABLE 1: GLOBAL GAS COMPRESSOR MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)

TABLE 2: GLOBAL GAS COMPRESSOR MARKET, BY TYPE, 2019-2027, (IN $ MILLION)

TABLE 3: GLOBAL DYNAMIC COMPRESSOR MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 4: GLOBAL POSITIVE DISPLACEMENT COMPRESSOR MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 5: GLOBAL GAS COMPRESSOR MARKET, BY END-USER, 2019-2027, (IN $ MILLION)

TABLE 6: GLOBAL OIL & GAS MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 7: GLOBAL POWER GENERATION MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 8: GLOBAL OTHERS MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 9: OPPORTUNITY MATRIX

TABLE 10: VENDOR LANDSCAPE

TABLE 11: GLOBAL GAS COMPRESSOR MARKET, BY GEOGRAPHY, 2019-2027, (IN $ MILLION)

TABLE 12: NORTH AMERICA GAS COMPRESSOR MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 13: EUROPE GAS COMPRESSOR MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 14: ASIA PACIFIC GAS COMPRESSOR MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 15: REST OF WORLD GAS COMPRESSOR MARKET, BY REGION, 2019-2027 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: GLOBAL GAS COMPRESSOR MARKET, BY END-USER, 2018 & 2027 (IN %)

FIGURE 2: GLOBAL GAS COMPRESSOR MARKET, BY DYNAMIC COMPRESSOR, 2019-2027 (IN $ MILLION)

FIGURE 3: GLOBAL GAS COMPRESSOR MARKET, BY CENTRIFUGAL DYNAMIC COMPRESSOR, 2019-2027 (IN $ MILLION)

FIGURE 4: GLOBAL GAS COMPRESSOR MARKET, BY AXIAL DYNAMIC COMPRESSOR, 2019-2027 (IN $ MILLION)

FIGURE 5: GLOBAL GAS COMPRESSOR MARKET, BY POSITIVE DISPLACEMENT COMPRESSOR, 2019-2027 (IN $ MILLION)

FIGURE 6: GLOBAL GAS COMPRESSOR MARKET, BY RECIPROCATING POSITIVE DISPLACEMENT COMPRESSOR, 2019-2027 (IN $ MILLION)

FIGURE 7: GLOBAL GAS COMPRESSOR MARKET, BY ROTARY POSITIVE DISPLACEMENT COMPRESSOR, 2019-2027 (IN $ MILLION)

FIGURE 8: GLOBAL GAS COMPRESSOR MARKET, BY OIL & GASE, 2019-2027 (IN $ MILLION)

FIGURE 9: GLOBAL GAS COMPRESSOR MARKET, BY POWER GENERATION, 2019-2027 (IN $ MILLION)

FIGURE 10: GLOBAL GAS COMPRESSOR MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)

FIGURE 11: PORTER’S FIVE FORCE ANALYSIS

FIGURE 12: GLOBAL GAS COMPRESSOR MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 13: UNITED STATES GAS COMPRESSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 14: CANADA GAS COMPRESSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 15: UNITED KINGDOM GAS COMPRESSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 16: GERMANY GAS COMPRESSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 17: FRANCE GAS COMPRESSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 18: SPAIN GAS COMPRESSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 19: ITALY GAS COMPRESSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 20: RUSSIA GAS COMPRESSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 21: REST OF EUROPE GAS COMPRESSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 22: CHINA GAS COMPRESSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 23: JAPAN GAS COMPRESSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 24: INDIA GAS COMPRESSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 25: SOUTH KOREA GAS COMPRESSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 26: AUSTRALIA GAS COMPRESSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 27: REST OF ASIA PACIFIC GAS COMPRESSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 28: LATIN AMERICA GAS COMPRESSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 29: MIDDLE EAST & AFRICA GAS COMPRESSOR MARKET, 2019-2027 (IN $ MILLION)

  1. MARKET BY TYPE (IN $ MILLION)
    • DYNAMIC COMPRESSOR
      • CENTRIFUGAL
      • AXIAL
    • POSITIVE DISPLACEMENT COMPRESSOR
      • RECIPROCATING
      • ROTARY
  1. MARKET BY END-USER (IN $ MILLION)
    • OIL & GAS
    • POWER GENERATION
    • OTHERS
  2. GEOGRAPHICAL ANALYSIS (IN $ MILLION)
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • UNITED KINGDOM
      • GERMANY
      • FRANCE
      • SPAIN
      • RUSSIA
      • ITALY
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • AUSTRALIA
      • REST OF ASIA PACIFIC
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA

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