Air Compressor Market in Oil and Gas Market Growth, Price, Demand and Forecasts to 2020

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.

Technavio's 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.

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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

Technavio's 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 driver

- Demand from oil and gas industry in Middle East

- For a full, detailed list, view our report

Market challenge

- Instability in oil and gas prices...