Global Air Compressor Market in Oil and Gas Industry 2016-2020

  • ID: 3795224
  • Report
  • Region: Global
  • 56 pages
  • TechNavio
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FEATURED COMPANIES

  • Atlas Copco
  • Doosan
  • Fusheng
  • GE
  • Ingersoll-Rand
  • Kaishan
  • MORE
About Compressors

Compressors are mechanical devices that compress air or gas in a sealed unit and deliver it at the desired pressure levels. Compressors can be divided into air compressors and gas compressors. An air compressor is a device that compresses and pressurizes air to convert power into kinetic energy, whereas a gas compressor reduces the volume of gas to increase its pressure, following the principle of Boyle's law. An air compressor is essentially a distinct type of gas compressor.

The analysts forecast the global air compressor market in oil and gas industry to grow at a CAGR of 7.2% during the period 2016-2020.

Covered in this report

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.

The market is divided into the following segments based on geography:

- Americas
- APAC
- EMEA

The report, Global Air Compressor Market in Oil and Gas Industry 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 Copco
- GE
- Ingersoll-Rand
- Siemens
- Sulzer

Other prominent vendors
- BOGE
- Doosan
- ELGI
- Fusheng
- Gardner Denver
- Hanbell
- Kaeser
- Kaishan
- Kirloskar
- Siemens
- Shanghai Screw Compressor
- Wuxi Compressor

Market drivers
- Demand from oil and gas industry in Middle East

Market challenges
- Instability in oil and gas prices

Market trends
- Next-generation air compressors

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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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Atlas Copco
  • Doosan
  • Fusheng
  • GE
  • Ingersoll-Rand
  • Kaishan
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Recent developments and new technology in the market
  • Five forces analysis
PART 06: Market segmentation by product
  • Global air compressor market in oil and gas industry: Product segmentation
  • Global PD air compressor market in oil and gas industry
  • Global centrifugal air compressor market in oil and gas industry
PART 07: Geographical segmentation
  • Global air compressor market in oil and gas industry: Geographical segmentation
  • Air compressor market in oil and gas industry in EMEA
  • Air compressor market in oil and gas industry in Americas
  • Air compressor market in oil and gas industry in APAC
PART 08: Market drivers
  • Demand from oil and gas industry in Middle East
  • Replacement with energy-efficient air compressor systems
  • Growing oil and gas industry in China
PART 09: Impact of drivers

PART 10: Market challenges
  • Instability in oil and gas prices
  • Volatile raw material prices
  • Reluctance to adopt new technology
PART 11: Impact of drivers and challenges

PART 12: Market trends
  • Next-generation air compressors
  • Use of Tier 4 engines
  • Growing dominance of APAC
PART 13: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 14: Key vendor analysis
  • Atlas Copco
  • GE
  • Ingersoll-Rand
  • Siemens
  • Sulzer
PART 15: Appendix
  • List of abbreviations
PART 16: About the Author

List of Exhibits

Exhibit 01: Product offerings
Exhibit 02: Global air compressor market in oil and gas industry
Exhibit 03: Global air compressor market in oil and gas industry 2015-2020 ($ billions)
Exhibit 04: Diagram for heat recovery
Exhibit 05: Five forces analysis
Exhibit 06: Global air compressor market in oil and gas industry by product segmentation 2015 and 2020
Exhibit 07: Global PD air compressor market in oil and gas industry 2015-2020 ($ billions)
Exhibit 08: Global centrifugal air compressor market in oil and gas industry 2015-2020 ($ billions)
Exhibit 09: Global air compressor market in oil and gas industry: Geographic segmentation 2015 and 2020
Exhibit 10: Air compressor market in oil and gas industry in EMEA 2015-2020 ($ billions)
Exhibit 11: Air compressor market in oil and gas industry in Americas 2015-2020 ($ billions)
Exhibit 12: Natural gas production in 2014 (billion cubic feet)
Exhibit 13: Air compressor market in oil and gas industry in APAC 2015-2020 ($ billions)
Exhibit 14: Notable projects and developments in oil and gas industry in APAC
Exhibit 15: Impact of drivers
Exhibit 16: Costs of composite carbon steel and composite stainless steel 304 ($/ton) November 2014 - August 2015
Exhibit 17: Estimated cost of air compressors 2015
Exhibit 18: Impact of drivers and challenges
Exhibit 19: Key vendors
Exhibit 20: Other prominent vendors
Exhibit 21: Atlas Copco: Product portfolio
Exhibit 22: GE: Product portfolio
Exhibit 23: Ingersoll-Rand: Product portfolio
Exhibit 24: Sulzer: Product portfolio
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FEATURED COMPANIES

  • Atlas Copco
  • Doosan
  • Fusheng
  • GE
  • Ingersoll-Rand
  • Kaishan
  • MORE
New Report Released: - Global Air Compressor Market in Oil and Gas Industry 2016-2020

The author of the report recognizes the following companies as the key players in the global air compressor market in oil and gas industry: Atlas Copco, GE, Ingersoll-Rand, Siemens, and Sulzer.

Other Prominent Vendors in the market are: BOGE, Doosan, ELGI, Fusheng, Gardner Denver, Hanbell, Kaeser, Kaishan, Kirloskar, Siemens, Shanghai Screw Compressor, and Wuxi Compressor.

Commenting on the report, an analyst from the research team said: “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. One such innovation relates to the use of variable speed technology and a special drive to manipulate the speed in air compressors. This helps in substantial reduction in energy consumption of up to 35% when compared with fixed speed air compressors. Vendors are now citing VSD technology as the most superior control technology available in the market as it aids in high energy savings for the oil and gas industry.”

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. The principal raw materials used in the production of compressors include aluminum, steel, and castings. It may also include bearings and crankshafts. The cost of these inputs does not remain constant but fluctuate continuously, due to their scarcity and inflationary pressures.

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.
Note: Product cover images may vary from those shown
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- Atlas Copco
- GE
- Ingersoll-Rand
- Siemens
- Sulzer
- BOGE
- Doosan
- ELGI
- Fusheng
- Gardner Denver
- Hanbell
- Kaeser
- Kaishan
- Kirloskar
- Siemens
- Shanghai Screw Compressor
- Wuxi Compressor
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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