October 21, 2020

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Gas Compressors Market will Accelerate at a CAGR of almost 3% through 2020-2024 | Need for Energy-Efficient Compressor Systems to Upheave Growth | Technavio

LONDON–(BUSINESS WIRE)–#GasCompressorsMarket–Set to grow by USD 1.33 billion during 2020-2024, Technavio’s latest market research report estimates the gas compressors market to register a CAGR of almost 3%. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ariel Corp., Atlas Copco AB, Gardner Denver Holdings Inc., General Electric Co., Hitachi Ltd., Kobe Steel Ltd., Mitsubishi Heavy Industries Ltd., Siemens AG, Sulzer Ltd., and Wärtsilä Corp. are some of the major market participants. The need for energy-efficient compressor systems will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Gas Compressors Market 2020-2024 : Segmentation

Gas Compressors Market is segmented as below:

  • Product

    • PD Compressors
    • Centrifugal Compressors
  • Geographic Landscape

    • APAC
    • North America
    • Europe
    • MEA
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43298

Gas Compressors Market 2020-2024 : Vendor Analysis and Scope

To help businesses improve their market position, the gas compressors market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Ariel Corp., Atlas Copco AB, Gardner Denver Holdings Inc., General Electric Co., Hitachi Ltd., Kobe Steel Ltd., Mitsubishi Heavy Industries Ltd., Siemens AG, Sulzer Ltd., and Wärtsilä Corp.

The report also covers the following areas:

  • Gas Compressors Market size
  • Gas Compressors Market trends
  • Gas Compressors Market industry analysis

Market trends such as the increasing strategic alliances among vendors are likely to emerge as one of the primary drivers of the market.

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Backed with competitive intelligence and benchmarking, our research reports on the gas compressors market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Gas Compressors Market 2020-2024 : Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist gas compressors market growth during the next five years
  • Estimation of the gas compressors market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the gas compressors market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of gas compressors market vendors

Table of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • PD compressors – Market size and forecast 2019-2024
  • Centrifugal compressors – Market size and forecast 2019-2024
  • Market opportunity by Product

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2019-2024
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Ariel Corp.
  • Atlas Copco AB
  • Gardner Denver Holdings Inc.
  • General Electric Co.
  • Hitachi Ltd.
  • Kobe Steel Ltd.
  • Mitsubishi Heavy Industries Ltd.
  • Siemens AG
  • Sulzer Ltd.
  • Wärtsilä Corp.


  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


Technavio Research

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Email: media@technavio.com
Website: www.technavio.com/

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