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Global Gas Compressors Market 2015-2019 - Increased Automation in Plants a Market Driver

20:00 EDT 16 Jul 2015 | Globe Newswire

Dublin, July 17, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/pf9dc6/global_gas) has announced the addition of the "Global Gas Compressors Market 2015-2019" report to their offering.

The global gas compressors market to grow at a CAGR of 6.82% over the period 2014-2019.

The report, Global Gas Compressors Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Various government regulations that are to be proposed will define the course of the gas compressors market in the future. Regulators worldwide are releasing white papers and are in consultation with various stakeholders in the compressor industry to derive a comprehensive regulatory framework regarding certification, energy efficiency, and environmental protection. The US EPA and DOE are formulating various guidelines relating to industrial equipment energy efficiency requirements that include compressors. The EU has also enacted many regulations regarding compressor and vacuum pump safety to make compressor operations safer and to reduce harmful emissions. The future will see many new regulations coming up that will be the minimum requirement the vendors have to adhere to.

According to the report, the process and discrete industries worldwide are increasingly going for the concept of smart factories where the entire plant operations are automated, leading to reduced human interference and advanced control. This modernization will help to replace the old compressors with the installation of new advanced gas compressors that can be remotely monitored and operated.

Further, the report states that the government scrutiny regarding the flouting of rules could increase during the forecast period, putting a strain on the vendors.

The global gas compressors market can be segmented into two major segments: PD air compressors and centrifugal air compressors.

Key Vendors

  • Atlas Copco
  • GE
  • Ingersoll Rand
  • Siemens

Other Prominent Vendors

  • Accudyne Industries
  • BOGE
  • Doosan
  • Dresser-Rand
  • Ebara
  • ELGI
  • Fusheng
  • Gardner Denver
  • Hanbell
  • Hitachi
  • Hongwuhuan
  • Kaeser Compressors
  • Kaishan
  • Kirloskar
  • Kobe Steel
  • Mitsubishi Heavy Industries
  • Shanghai Feihe Industrial Group
  • Shanghai Screw Compressor
  • Sulzer
  • VMAC
  • Wuxi Compressor
  • Yujin Machinery

For more information visit http://www.researchandmarkets.com/research/pf9dc6/global_gas




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