TechNavio today launched its report Compressor Market in Russia 2012-2016 based on an in-depth analysis focusing on Russia. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”The Compressor market in Russia is expected to grow at a steady rate during the forecast period owing to the increasing growth of the Oil and Gas industry. Compressors are an important tool for many industries and are widely used in the Oil and Gas industry in both upstream and downstream processing. Hence some vendors are developing application-specific compressors to increase operating efficiency and business productivity. Several vendors are in the process of developing application-specific compressors based on end-users’ specific requirements. The focus on developing application-specific compressors will greatly enhance the growth of the market.”
According to the report, the increased need for productivity is one of the major drivers in the Compressor market in Russia. Compressors, when used for powering tools and equipment such as air conditioners, refrigerators, air pumps, and industrial refrigerators, increase efficiency, which in turn enhances the productivity of organizations, thereby ensuring the growth of the Compressor market in Russia.
Further, the report states that the lack of product differentiation is one of the major challenges in the Compressor market in Russia.
The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this market space are GEA Group Aktiengesellschaft, Iskra Turbogaz Ltd., and Kazanskoe motorostroitel’noe proizvodstvennoe ob”edinenie OAO. The other vendors mentioned in the report are Sumy Frunze Machine-Building Science-and-Production Association, HMS Group, Iskra Avigaz ZAO, Johnson Controls Inc., BITZER K¼hlmaschinenbau GmbH, and MAYEKAWA MFG. Co., Ltd.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/compressor-market-russia-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Research Report – Compressor Market in Russia 2012-2016
