DUBLIN--(BUSINESS WIRE)--The "Global Screw Compressors Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The increase in demand for natural gas power plants and natural gas-based transportation has increased the need for the movement of gas globally, and screw compressors are primarily used for transporting natural gas. The inherent advantages of screw compressors, such as the ability to handle light, as well as heavy gases, containing droplets or dust particles, the improved reliability and performance characteristics, and the comparatively low initial costs, coupled with the increase in the demand for natural gas, are the driving factors for the large-scale adoption of screw compressors.
Natural gas production had witnessed significant developments over the past few years, worldwide. The combination of hydraulic fracturing and horizontal drilling technology has allowed access to enormous quantities of natural gas, from shale formations in countries, such as the United States and China.
The North American landscape is full of opportunities for suppliers of screw compressors. The end-user industries, such as oil & gas, power generation, chemical, and petrochemical have had significant investments. Screw compressors are essential equipment for critical processes across these industries.
India leads in the growth in gas consumption in entire Asia-Pacific. Gas accounts for only 5% of primary energy demand in India, leaving plenty of room for expansion. Strong economic growth has led to higher utilization of gas-based power capacities and increased use in end-user industries.
Companies Mentioned
- Emerson Electric Company
- Danfoss A/S
- Hitachi Ltd
- Mitsubishi Electric Corporation
- Denso Corporation
- Tecumseh Products Company
- Air Squared Inc.
- Sanden Corporation
- Daikin Industries Ltd
- Samsung Electronics Co. Ltd
- Toshiba Carrier Corporation
- LG Corporation
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Market Overview
4. Market Dynamics
5. Value Chain Analysis
6. Porter's Five Forces Analysis
7. Market Segmentation and Analysis
8. Regional Market Analysis
9. Key Company Analysis
10. Competitive Landscape
11. Disclaimer
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