London, 19 November 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Compressors Market 2014-2018, which is expected to grow at a CAGR of 8.15 percent during this period 2014-2018.
“Energy-efficient compressors such as VSD compressors can reduce the total energy/electricity bills,” says Faisal Ghaus, Vice President of TechNavio.
“There is growing demand for compressors that will reduce overall energy bills and trap the heat released during compression operations. Heat released during compression operations can be used to heat water in industries.”
Key Market Drivers
- Investments in Sectors other than Oil and Gas in MENA Region
- Demand for Energy-efficient Equipment
- Increased Demand from China
- Growth in Replacement Market
Key Market Trends
- Focus on Clean Air Technology
- Demand for Environment-friendly Compressors
Key Market Vendors
- Atlas Copco AB
- Dresser-Rand Inc.
- GE Co.
- Ingersoll Rand Inc.
- Siemens AG
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
