LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global air compressor market for oil and gas industry report until 2020. This research report also lists 12 other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
“The global air compressor market in the oil and gas industry is characterized by the presence of many global and local vendors that offer air compressors, gas compressors, and other associated products. Many vendors are developing advanced technologies to provide support services and develop air compressors based on end-user requirements. Local vendors offer a tough competition to international players in this highly competitive market; however, large, international vendors dominate in terms of quality, durability, reliability, and technological innovations. The competitive environment in this market is expected to intensify, marked by an increase in R&D innovations and M&A activities in the near future,” according to Anju Ajaykumar, lead engineering tools analyst from Technavio.
Request sample report: http://goo.gl/Vh9hSe
Top five global air compressor market vendors for oil and gas industry
Atlas Copco
Atlas Copco was founded in 1873 and is headquartered in Stockholm, Sweden. The company designs, manufactures, and sells compressors, vacuum solutions and air treatment systems, construction and mining equipment, and power tools and assembly systems in more than 180 countries. It employs 44,000 people worldwide. For FY2014, the company spent USD 428.81 million on R&D, and its net sales were USD 13,702.39 million.
The company operates through the following segments:
- Compressor technique
- Mining and rock excavation technique
- Others (consists of industrial technique, construction technique, and common group functions)
GE
GE was established in 1892 and is headquartered in Fairfield, Connecticut, US. The company is a diversified infrastructure and financial services corporation globally. Its products and services range from aircraft engines, oil and gas production equipment, power generation, and household appliances to business and consumer financing, medical imaging, and industrial products. The company employs 305,000 people worldwide and serve customers in approximately 175 countries.
These compressors are used for applications such as natural gas, refineries, petrochemicals, GTL, LNG, and pipelines. This segment provides compressors such as BCL, RB, VH series; MCL/V series; SRL series; and AN series.
Ingersoll-Rand
Ingersoll-Rand was founded in 1871. It is headquartered in Dublin, Ireland. The company offers various solutions for quality improvement in buildings and transportation. The company's products facilitate in preservation of food and perishable products, and also assist in increasing industrial productivity and efficiency.
The company operates through two business segments: climate and Industrial. Its climate segment offers energy-efficient solutions through the brands Trane, American Standard Heating and Air Conditioning, and Thermo King.
The company offers portable air compressors such as TS4N5 two-stage reciprocating compressors; electric-driven duplex air compressors; electric-driven single stage air compressors; and electric-driven two-stage air compressors.
Siemens
Siemens was established in 1847 and is headquartered in Munich, Germany. It is a Germany-based multinational conglomerate with core activities in the fields of energy, healthcare, industry, and infrastructure sectors. It focuses on the areas of electrification, automation, and digitalization. The company produces energy-efficient and resource-saving technologies. It supplies systems for power generation and transmission and medical diagnosis. Also, the company specializes in infrastructure and industry solutions.
Siemens operates its business through various reportable segments, including energy, healthcare, industry, financial services, real estate, and infrastructure and cities. It has a wide geographical presence in Germany, the Americas, Europe, CIS, the Middle East, Africa, Asia, and Australia.
Siemens turbo compressors play a vital role in the core processes of various industries such as oil and gas. Siemens offers OEM services for its compressor fleet, and for compressors originally manufactured by the companies it has acquired. Siemens' turbo compressors include single-shaft compressors, integrally geared compressors, and single-stage compressors. It offers other maintenance solutions, capacity uprating programs, service programs, remote diagnostic services, control system upgrades, seal system upgrades, and training and consulting services.
Sulzer
Sulzer was established in 1834 and is headquartered in Winterthur, Switzerland. It is an industrial engineering and manufacturing company. The company is a market leader in key end markets such as oil and gas, power, and water industries. It operates in more than 150 countries worldwide.
The company offers widely used fine-bubble aeration systems and is available in five alternative models; it provides diffusers with rubber membrane disks such as PIK300 fine-bubble; PRK300 fine-bubble; and KKI215 fine-bubble.
Browse Related Reports:
- Screw Air Compressors Market in China 2015-2019
- Global Air Compressor Market: Forecast and Statistical Analysis 2015-2019
- Global Waterjet Machine Market 2016-2020
Do you need a report on a market in a specific geographical cluster or country but can’t find what you’re looking for? Don’t worry, Technavio also takes client requests. Please contact enquiry@technavio.com with your requirements and our analysts will be happy to create a customized report just for you.
About Technavio
Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
If you are interested in more information, please contact our media team at media@technavio.com.
