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COVID-19 Impact and Recovery Analysis | Gas Compressors Market 2020-2024 | Need for Energy-Efficient Compressor Systems to Boost Growth | Technavio

Technavio has been monitoring the gas compressors market and it is poised to grow by USD 1.33 billion during 2020-2024, progressing at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Gas Compressors Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

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 make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Need for energy-efficient compressor systems has been instrumental in driving the growth of the market.

Gas Compressors Market 2020-2024: Segmentation

Gas Compressors Market is segmented as below:

  • Product
    • PD Compressors
    • Centrifugal Compressors
  • Geography
    • 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: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our gas compressors market report covers the following areas:

  • Gas Compressors Market Size
  • Gas Compressors Market Trends
  • Gas Compressors Market Industry Analysis

This study identifies increasing strategic alliances among vendors as one of the prime reasons driving the gas compressors market growth during the next few years.

Gas Compressors Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the gas compressors market, including some of the vendors such as 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. 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.

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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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200506005862/en/


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