Global Centrifugal Compressors Outlook - Market Analysis by Geography, Area of Application, Type, Competitive Landscape, Key Company Information - Growth Trends and Forecasts (2017 - 2022)

Published - Jan 2017 | Category - Energy and Power | No. of Pages - 134 | Published By - Mordor Intelligence

Report Highlights

Centrifugal compressors are a sub-class of dynamic axisymmetric work-absorbing turbo machinery used in oil and gas and many other operations. A simple centrifugal compressor consists of four components:inlet, impeller/rotor, diffuser, and collector.  

Energy is transferred from a set of rotating impeller blades to the gas in a centrifugal compressor. The designation centrifugal  implies that the gas flow is radial, and the energy transfer is caused from a change in the centrifugal forces acting on the gas. Centrifugal compressors deliver high flow capacity per unit of installed space and weight, have good reliability, and require significantly less maintenance than reciprocating compressors.  

Centrifugal compressors offer certain operational advantages over conventional natural gas compressors and is instrumental in day to day oil and gas operations. Some of them are significantly reduced sour oil leakage and can be supplied with a feature that allows the compressor to maintain case pressure during shutdown without requiring that the auxiliary seal oil system be operating.  

As in case with other oil and gas markets, North America is expected to lead the market in the coming decade, as the regions new exploration activity is at an all-time high and the ongoing shale boom boosting the market for truck usage in oil and gas industry. Europe and Asia-Pacific are growing rapidly in terms of market demand. Demand is high particularly in some countries such as China, India, United Kingdom, and the Netherlands. Regions such as South and Central America and Africa are expected to share a decent share of market demand in the coming years although there are some factors restraining the oil and gas activity in these regions.  

What the Report Offers  

1) Market Definition for the specified topic along with identification of key drivers and restraints for the market.

2) Market analysis for the centrifugal compressors market, with region specific assessments and competition analysis on a global and regional scale.

3) Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.

4) Extensively researched competitive landscape section with profiles of major companies along with their share of markets.

5) Identification and analysis of the Macro and Micro factors that affect the centrifugal compressors market on both global and regional scale. 6) A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.  

Reasons for Buying this Report  

1) for gaining an exhaustive understanding of global centrifugal compressors market. Would be of assistance in providing a comprehensive analysis of the major trends, innovations and associated prospects for market growth over the coming half a decade

2) An ideal opportunity for industry consultants, equipment manufacturers and other interested and allied parties to gain a critical insight into the factors driving and restraining the market, in addition to opportunities offered

3) Wide-ranging information provided about the leading market players and the major strategies adopted by them

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