Machinery Manufacturing

Global Compressors Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends

The Global Compressors Market Report by The Business Research Company covers compressors market drivers and restraints, compressors market size, major players, and the impact of COVID-19 on the compressors market.

The compressors market consists of sales of compressors and related services by entities that manufacture air or gas compressor machines. Compressors are used to compress air or gas in a non-leakage sealed chamber and release the air or gas at the desired pressure.

The increasing applications of compressors in the power industry are a key driver for the compressors market. The global compressors market is expected to grow from $41.6 billion in 2020 to $42.57 billion in 2021 at a compound annual growth rate (CAGR) of 2.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $53.13 billion in 2025 at a CAGR of 5.7%.

 

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Some compressors market trends include the emergence of next-gen air compressors is an important trend in the compressors market. The next-generation air compressors are highly energy-efficient and eco-friendly and emits relatively lesser carbon emissions than the traditional compressors.

 

Global compressors market segments include:

1) By Type: Air, Gas.

2) By Application:  Construction, Power, Industrial Manufacturing, HVAC-R, Chemical & Cement, Oil & Gas, Automotive, Food & Beverage, Textile.

3) By Compressor Type: Positive Displacement, Centrifugal.

4) By Power Rating: 0-100 kW, 101-300 kW, 301-500 kW, 500 kW Above.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa

 

Read More On The Compressors Global Market Report 2021: COVID 19 Impact and Recovery to 2030 At:

https://www.thebusinessresearchcompany.com/report/compressors-global-market-report

 

The Compressors Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides compressors market overviews, analyzes and forecasts market size, share, compressors market players, compressors market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The compressors market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

Where To Learn More:

Read Compressors Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: Atlas, Ingersoll Rand, Siemens, Ebara, ELGI Equipment Ltd., Gardner Denver, Kirloskar, Kobe Steel, Mitsubishi Heavy Industries Ltd., Sulzer AG, Kaeser Compressors Inc., Shanghai Screw Compressor, VMAC Global Technology Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Compressors Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Compressors Sector: The report reveals where the global industry will put on most $ sales up to 2023.

Interested to know more about The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx

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