The growing demand for oxygen across steel and iron industry is likely to raise the growth of the segment. Mainly the industrial sector is expected to steer the demand for the reciprocating compressor in the years to come.
Seattle, WA -- (SBWIRE) -- 11/14/2019 -- Scope of the Report:
For industry structure analysis, the Reciprocating Compressor industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 52 % of the revenue market. Regionally, North America is the biggest production value area in 2016, also the leader in the whole Reciprocating Compressor industry.
China occupied 29.42% of the production market in 2016. It is followed by North America and Europe, which respectively account for around 25.29% and 17.25% of the global total industry. Other countries have a smaller amount of production. Geographically, North America was the largest consumption market in the world, which took about 26.75% of the global consumption volume in 2016.
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For price trend analysis, a key variable in the performance of Reciprocating Compressor producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
For forecast, the global Reciprocating Compressor revenue would keep increasing with annual growth rate with 3~7%. We tend to believe that this industry still has a good future, considering the current demand of Reciprocating Compressor.
The worldwide market for Reciprocating Compressor is expected to grow at a CAGR of roughly 3.9% over the next five years, will reach 7460 million US$ in 2027, from 5920 million US$ in 2019.
This report focuses on the Reciprocating Compressor in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categories the market based on manufacturers, regions, type and application.
Major Players operating in market: This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering: Ariel, Siemens, GE, Atlas Copco, Burckhardt Compression, Howden, Kobelco, Shenyang Yuanda, Hitachi, Neuman & Esser, Gardner Denver, Sundyne, Shenyang Blower, Corken.
Market Segment by Type, covers: Vertical, Horizontal, Others.
Market Segment by Applications, can be divided into: Refinery, Petrochemical and Chemical Plants, Gas Transport and Storage, Others.
The study objectives of this report are:
- To analyse and study the global Reciprocating Compressor capacity, production, value, consumption, status and forecast;
- Focuses on the key Reciprocating Compressor manufacturers, to study the capacity, production, value, market share and development plans in future.
- Focuses on the global key manufacturers, to define, describe and analyse the market competition landscape, SWOT analysis.
- To define, describe and forecast the market by type, application and region.
- To analyse the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
This Reciprocating Compressor report 2027 focus on global and regional market, providing information on major players like manufacturers, suppliers, distributors, traders, customers, investors and etc., major types, major applications from global and major regions such as Europe, North America, China, Japan, Southeast Asia and etc. Data type include capacity, production, market share, price, revenue, cost, gross, gross margin, growth rate, consumption, import, export and etc. Industry chain, manufacturing process, cost structure, marketing channel are also analyzed in this report.
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