+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Global Process Gas Reciprocating and Centrifugal Compressor Services Market in the Oil and Gas Industry

  • Report
  • 49 Pages
  • December 2022
  • Region: Global
  • Frost & Sullivan
  • ID: 5724231

Decarbonization and the Use of Alternative Energy Sources are Key Considerations for Compressor Vendors to Drive Growth

This deliverable examines the key types of compressor services across various regions. The study discusses the revenue generated by servicing, repairs, maintenance, and end-of-life services for process gas centrifugal and process gas reciprocating compressors. The study provides forecasts until 2026, with market data provided on major regions, including North America, Latin America, Europe, the Middle East and Africa, and Asia Pacific. The oil and gas industry is on the recovery path in 2021, following substantial declines in 2020 due to the COVID-19 pandemic. 

Digitalization will play a critical role in enabling the energy transition in the oil and gas industry, with more companies implementing AI, robotics, and IoT technologies to boost energy efficiency. Strategic partnerships between major energy players will be necessary to mitigate the volatility in energy prices. 

The study discusses the impact of the pandemic amid the increasing focus on sustainability by process gas compressor manufacturers and identifies key growth opportunities based on current and future market scenarios.

Table of Contents

1. Strategic Imperatives

  • Why Is It Increasingly Difficult to Grow?
  • The Strategic Imperative 8
  • The Impact of the Top 3 Strategic Imperatives on the Compressor Services Market
  • Growth Opportunities Fuel the Growth Pipeline Engine

2. Growth Opportunity Analysis

  • Key Players in Process Gas Compressor Services
  • Scope of Analysis
  • Growth Drivers
  • Growth Driver Analysis
  • Growth Restraints
  • Growth Restraints Analysis

3. Process Gas Reciprocating Compressor Services Market

  • Key Growth Metrics
  • Revenue Forecast
  • Revenue Forecast by Service Type
  • Revenue Share by Region
  • Servicing and Upgrades
  • Revenue Forecast by Service Type, North America
  • Revenue Forecast by Service Type, Latin America
  • Revenue Forecast by Service Type, Europe
  • Revenue Forecast by Service Type, Middle East & Africa
  • Revenue Forecast by Service Type, Asia-Pacific
  • Companies to Action

4. Process Gas Centrifugal Compressor Services Market

  • Key Growth Metrics
  • Revenue Forecast
  • Revenue Forecast by Service Type
  • Revenue Share by Region
  • Effective Servicing
  • Revenue Forecast by Service Type, North America
  • Revenue Forecast by Service Type, Latin America
  • Revenue Forecast by Service Type, Europe
  • Revenue Forecast by Service Type, Middle East & Africa
  • Revenue Forecast by Service Type, Asia-Pacific
  • Companies to Action
  • Regions Offering Opportunities

5. Growth Opportunity Universe

  • Growth Opportunity 1 - Internet of Things-as-a-Service to Enable Improved Opportunities
  • Growth Opportunity 2 - Customization of Services
  • List of Exhibits
  • Legal Disclaimer