1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends

Chinese Process Gas Compressors Market : Increasing Demand for Natural Gas Sustains Market Growth

  • January 2015
  • 99 pages
  • Frost & Sullivan
Report ID: 2649487

Summary

Table of Contents

Key Findings

•The total Chinese process gas compressors market generated revenue of $ x million in 2014. The market is expected to grow at a compound annual growth rate (CAGR) of x % between 2014 to 2021.
•However, China faces years of slowing gross domestic product (GDP) growth, which is likely to slow the growth of process gas compressors due to overcapacity and decreasing domestic demand.
•When compared with rotary compressors and reciprocating compressors, centrifugal compressors will remain the leading product segment over the forecast period.
•Advancements within centrifugal and rotary compressors will see reciprocating compressors’ market share fall as they are replaced with other product types due to their increased efficiency and reduced maintenance.
•Replacements and retrofits from the increased demand of plant automation at operation sites have boosted the demand for process gas compressors.
•Increased expenditure in gas distribution and transportation is the main factor driving the demand for process gas compressors in China.
•Eastern China has the highest regional concentration of process gas compressors production.

CEO’s Perspective

Being able to offer a wide range of high-quality compressed gas services will be a key competitive differentiator.
Increasing demand for automation in process industries drives growth.
Increased investments in gas-fired power plants is likely to provide growth opportunities for the centrifugal gas compressor segment.
Service and maintenance are the best tools to capture the market.
Several leading manufacturers believe that achieving higher efficiency in compressor design is the key to success.

Key Questions This Study Will Answer

Is the market growing, how long will it continue to grow, and at what rate?
What are the key factors that will drive the growth of the market?
What are the restraints faced by the market participants? What is their expected impact?
What are the major end-user industries for compressors? How are they expected to grow during the forecast period?
Which types of compressors are expected to show strong growth?
What are the major industry participants? What are their relative positions in the Chinese process gas compressors market?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Motor Soft Starter Market by Voltage, Rated Power, Application, Industry, and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • May 2017
  • by MarketsandMarkets

“The motor soft starter market is projected to grow at a CAGR of 6.08% from 2017 to 2022” The motor soft starter market is projected to reach USD 1.84 billion by 2022, at a CAGR of 6.08% from 2017 ...

Motor Management Market by Product & Service, Type, Control, Voltage Range, Application, Industry, and Geography - Global Forecast to 2023

  • $ 5650
  • Industry report
  • July 2017
  • by MarketsandMarkets

“Motor Management Market expected to exhibit significant growth potential between 2017 and 2023.” The Motor Management Market is expected to reach USD 4.03 billion by 2023, at a CAGR of 5.35% between ...

Hydraulic Power Unit - Global Market Outlook (2017-2023)

  • $ 4157
  • Industry report
  • June 2017
  • by Stratistics MRC

According to Stratistics MRC, the Global Hydraulic Power Unit market is expected to grow from $3.12 billion in 2016 to reach $5.28 billion by 2023 with a CAGR of 7.7%. Rising demand for hydraulic powe ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.