Saudi Arabia Air Compressor Market 2018-2024: Forecast by Types, Lubrication Method, Technology, Centrifugal, Reciprocating, & Applications - ResearchAndMarkets.com

DUBLIN--()--The "Saudi Arabia Air Compressor Market (2018-2024): Market Forecast by Types, by Lubrication Method, by Technology, Centrifugal, Reciprocating, by Applications, by Regions and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

Saudi Arabia Air Compressor market is forecast to grow at a CAGR of 3.1% during 2018-24.

Air compressors are prominently used in the oil & gas industry in Saudi Arabia; however, with the government taking initiatives to expand other industrial segments, the market for air compressor in Saudi Arabia is expected to increase over the next six years. Saudi Vision 2030 and National Transformation Program would boost the demand for air compressors during 2018-24.

A major drop in oil prices in 2015 led to the downfall in construction and oil & gas industry resulting in negative growth of air compressors in Saudi Arabia. Post-2017, the market is expected to revive due to the increase in the oil prices after years of slump and shift towards non-oil sector would drive the growth of air compressors over the next six years. T

he ambitious Saudi Vision 2030 plan to improve the economy is exhibited to revitalize the construction market. The Eastern region occupies a maximum share of air compressor market due to the presence of major oil companies such as ARAMCO and SABIC. Moreover, ongoing and upcoming infrastructural advancement are escalating the growth of air compressors in Saudi Arabia.

Markets Covered

By Types

  • Portable
  • Stationary

By Lubrication Method

  • Oil-Injected
  • Oil Free

By Technology

  • Rotary:
    • Up to 75kW
    • 76-160kW
    • Above 160kW
  • Centrifugal:
    • Up to 500kW
    • Above 500kW
  • Reciprocating:
    • Up to 10kW
    • Above 10kW

By Applications

  • Industrial
  • Construction
  • Oil & Gas
  • Food & Beverages
  • Others (Petrochemicals, Mining, etc.)

By Regions

  • Eastern
  • Western
  • Central
  • Southern

Companies Mentioned

  • Atlas Copco AB
  • BOGE Kompressoren Otto Boge GmbH & Co. KG
  • Doosan Infracore Co. Ltd.
  • Elgi Gulf (FZE)
  • FS-Elliott Saudi Arabia Ltd
  • Gardner Denver FZE
  • Hokuetsu Industries Co. Ltd.
  • Ingersoll Rand PLC
  • Kaeser Kompressoren FZE
  • Sullair LLC

For more information about this report visit https://www.researchandmarkets.com/research/k2xkfn/saudi_arabia_air?w=4

Contacts

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Related Topics: Compressors

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Compressors