DUBLIN--(BUSINESS WIRE)--The "Global Integrally Geared Centrifugal Compressor Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The analysts forecast the global integrally geared centrifugal compressor market to grow at a CAGR of 5.13% during the period 2018-2022.
An integrally geared centrifugal compressor is a multi-shaft compressor that comprises three-dimensional (3-D)impellers. These impellers operate at optimum speed in each stage of the compressor.
One trend in the market is growing use of tier-4 engines. The tier-4 engines are gaining popularity among customers as it strictly follows the Environmental Protection Agency regulations regarding emissions. Tier-4 engines have the capability to produce increased fuel efficiency thereby reducing the total cost of ownership of a diesel-based compressor reasonable for the oil and gas industry.
One driver in the market is rising demand from oil and gas industry. Integrally geared centrifugal compressors find their application in the extraction of crude oil to the point until the oil reaches customers through the corresponding pipelines.
The report states that one challenge in the market is unpredictability in oil prices. The success or failure of the oil and gas industry is highly dependent on the pricing of crude oil. The continuous price decline or hikes will lead to supply-demand imbalance.
The market is divided into the following segments based on geography:
- Atlas Copco
- MITSUBISHI HEAVY INDUSTRIES
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Market Segmentation By Application
8: Customer Landscape
9: Regional Landscape
10: Decision Framework
11: Drivers And Challenges
12: Market Trends
13: Vendor Landscape
14: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/grt694/global_integrally?w=4