Axial flow compressor is a type of compressor that can continuously pressurize gases. Axial flow compressor is a rotating, airfoil-based compressor in which the fluid or gas principally flows parallel to the axis of rotation, or axially. Growing adoption of axial flow compressors for various industrial applications such as removal of carbon dioxide gas, and removal of liquid from natural gas, air separation in manufacturing plants is expected to fuel the growth of the axial flow compressor market.
MARKET DYNAMICS
A growing need for axial flow compressors in the iron and steel industry to meet the specific needs in separating air is booming the demand for the axial flow compressor market. However, high cost and heavyweight are factors that may restraint the axial flow compressor market. Furthermore, increasing demand for axial flow compressors in the oil and gas industry for long-distance pipeline transmission of hydrogen is expected to boom the demand for axial flow compressors globally during the forecast period.
MARKET SCOPE
The "Global Axial flow compressor Market Analysis to 2028"? is a specialized and in-depth study of the axial flow compressor industry with a special focus on the global market trend analysis. The report aims to provide an overview axial flow compressor market with detailed market segmentation as type, end-user, and geography. The global axial flow compressor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading axial flow compressor market players and offers key trends and opportunities in the axial flow compressor market.
MARKET SEGMENTATION
The global axial flow compressor market is segmented on the basis of stage type, type, end-user. On the basis of stage type the market is segmented as single-stage, multi-stage. On the basis of end-user the market is segmented as vertical axial compressor, horizontal axial compressor. On the basis of end-user the market is segmented as oil and gas, chemical, marine, power generation, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global axial flow compressor market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The axial flow compressor market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting axial flow compressor market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the axial flow compressor market in these regions.
MARKET PLAYERS
The reports cover key developments in the axial flow compressor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Axial flow compressor market are anticipated to lucrative growth opportunities in the future with the rising demand for axial flow compressor in the global market. Below mentioned is the list of few companies engaged in the axial flow compressor market.
The report also includes the profiles of key axial flow compressor companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Elliott Group
- General Electric Company
- Howden Compressors Ltd
- Ingersoll Rand PLC
- MAN Energy Solutions
- Mitsubishi Power, Ltd.
- Mitsui E&S Group
- Siemens AG
- Wartsila
- Zhejiang Kaishan Compressor
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