Natural Gas Compressor Market 2020-2024|Top key players: Ariel Corporation, Bauer Compressors, Atlas Copco, Siemens


Posted February 12, 2020 by morerushi

Natural Gas Compressor Market Report covers industry chain analysis, latest market trends & dynamics along with cost profit analysis of major key players which focuses on expansion rate, prices, competition, size, prices

 
Global Natural Gas Compressor Market Synopsis:

The Natural Gas Compressor industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Natural Gas Compressor market size to maintain the average annual growth rate of 0.0207430380948 from 740.0 million $ in 2014 to 820.0 million $ in 2018, Market analysts believe that in the next few years, Natural Gas Compressor market size will be further expanded, we expect that by 2024, The market size of the Natural Gas Compressor will reach 1134.81 Million US $.

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Natural Gas compressor is a mechanical component that decreases the volume of a natural gas by pressurizing it. A Natural Gas compressor and a pump are same; they can apply the pressure on fluid and transfer it through a pipe. Natural Gas compressor is employed when there is a need of high pressure or lower volume of gas.

Natural gas is a main resource in the manufacturing industry. Its transfer in gas pipe lines or tankers for liquid natural gas, also its storage underground requires special natural gas compressors. Requirement for energy has growing over the last two decades due to the increase in population across the world. In the midst of higher fuel consumption, natural gas is emerging as the preferred fuel owing to its clean energy output compared to its counterparts (i.e. oil). Thus, demand for Natural Gas compressor is projected to rise in the near future, thereby indicating enhanced opportunities for the Natural Gas compressor market.

The detailed segments and sub-segment of the Natural Gas Compressor Market are given below:

1) Product Type Segmentation:

Centrifugal Type
Reciprocating Type
Screw Type
2) Industry Segmentation:

CNG Filling Station
Petroleum Refineries Factory
Processing/Chemical Plants
Industrial Manufacturing
3) Region Segmentation:

North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Top Leading player in Global Natural Gas Compressor Market:

Ariel Corporation, Ingersoll Rand, Bauer Compressors, Atlas Copco, Siemens, General Electric, Fornovo Gas, Quincy, Aerotecnica Coltri, Man Diesel & Turbo, Ebara Corporation, Tianyi, Kerui, Jereh, Kaishan Group, Shenyang Blower, Xi’an Shaangu Power, Sichuan Jinxing

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Latest Industry news:

Atlas Copco (February 10, 2020)

Atlas Copco to partner with global machine vision specialist ISRA VISION AG through public takeover offer

Stockholm, Sweden, February 10, 2020: Atlas Copco and German-listed ISRA VISION AG have signed a Business Combination Agreement (BCA) to create a new division for ISRA VISION within the Business Area Industrial Technique. As part of the agreement, Atlas Copco will launch a voluntary public takeover offer at EUR 50 per share in cash for all outstanding shares of ISRA VISION. Atlas Copco has already secured 34.9 percent of the shares via irrevocable undertakings from various shareholders, including CEO and founder Mr. Enis Ersü, and via a share purchase agreement with Kabouter Management, LLC.

Through added products and competences, Atlas Copco is further strengthening its focus on technologies enabling digital manufacturing while meeting increased demands for quality inspection and flexible automation. The announced offer for ISRA VISION, a global leader in surface inspection and 3D machine vision for industrial automation, is an important step. Atlas Copco can provide a solid platform to continue the growth story of ISRA VISION.

ISRA VISION specializes in machine vision solutions with leading technologies for surface inspection and 3D vision for robot guidance, quality inspection and metrology operating through two business lines, Industrial Automation and Surface Vision. The company has a global presence with operations in 25 locations and more than 800 employees and is headquartered in Darmstadt, Germany. In the fiscal year 2018/19 the company had revenues of approximately MEUR 154 (MSEK 1 619) and an EBIT of approximately MEUR 34 (MSEK 357) corresponding to a 22 percent EBIT margin. ISRA VISION has delivered a compound annual growth rate (CAGR) of 9 percent in terms of revenues over the past ten years.

ISRA VISION will continue to operate under the same brand with its headquarter in Darmstadt and will become a new division within the Industrial Technique business area. The major shareholder, Enis Ersü who founded the company and led it to become the global leader it is today, has agreed to stay on as CEO and facilitate the integration.

“Surface inspection and 3D machine vision are part of Atlas Copco’s long-term strategy,” said Henrik Elmin, Business Area President Industrial Technique. “ISRA VISION has a strong brand and market position, a highly regarded technological expertise as well as a solid financial track record. Through this partnership we will increase the support for our customers on their transition towards digital manufacturing in several segments. The ability to offer both joining technologies and machine vision solutions for the same application strengthens our position as a strategic partner for our customers in the future.”

Significant points in table of contents of Global Natural Gas Compressor Market Report 2020:

1 Natural Gas Compressor Product Definition

2 Global Natural Gas Compressor Market Manufacturer Share and Market Overview

3 Manufacturers Natural Gas Compressor Business Introduction

4 Global Natural Gas Compressor Market Segmentation (Region Level)

5 Global Natural Gas Compressor Market Segmentation (Product Type Level)

6 Global Natural Gas Compressor Market Segmentation (Industry Level)

7 Global Natural Gas Compressor Market Segmentation (Channel Level)

8 Natural Gas Compressor Market Forecasts 2020-2024

9 Natural Gas Compressor Segmentation Product Type

10 Natural Gas Compressor Segmentation Industry

11 Natural Gas Compressor Cost of Production Analysis

12 Conclusions

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Last Updated February 12, 2020