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Reciprocating Compressor Market - Russia Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Reciprocating Compressor Industry in Russia: Forecasts to 2024

  • July 2016
  • 93 pages
  • ID: 4086949
In this report:
Russia Reciprocating Compressor Market Revenue, 2014 – 2024 (US$ Mn), Year-on-Year Growth (%) and Market Dynamics
Growth factors such as rise in oil prices and some key initiatives by the Ministry of Industry and Trade of the Russian Federation and Association of Compressors have further supported the market growth of reciprocating compressors in Russia.

Summary

Table of Contents

The Russia reciprocating compressor market report offers an analysis of the reciprocating compressor market in Russia for the period 2014 to 2024, wherein 2015 is the base year and 2016 to 2024 is the estimate period. Info for 2014 has been included as historical information. The study covers all the recurrent trends and technologies playing a main role in growth of the reciprocating compressor segment over the outlook period. It also accentuates several drivers, market restraints, and alternatives forecasted to influence the market increase during the said period. Moreover, analysis covering localization trends, investor support programs, laws and regulations has been added exclusively in the qualitative section of the report. The market research offers a holistic perspective on industry growth, overall the above forecast period in terms of income estimates, for the Russian market. The analysis offers cross-sectional analysis of the Russia reciprocating compressor market in terms of market estimates and estimations for all the segments. This market report offers detailed analysis of the Russia reciprocating compressor market based on compressor type and end-use industries

Reciprocating compressor market in Russia is anticipated to expand at a serious pace, led by the presence of big number of oil reservoirs and refineries. Growth factors including rise in oil prices and some top initiatives by the Ministry of Industry and Trade of the Russian Federation and Association of Compressors have farther supported the market increase of reciprocating compressors in Russia. The global market is anticipated to reach US$ 352.6 Mn by 2024 expanding at a Compound annual growth rate of 4.90 percent from 2016 to 2024.

The Russia reciprocating compressor market based on compressor types can be divided into industrial process gas reciprocating compressor, liquefied natural gas reciprocating compressor, and boil of gas reciprocating compressor. Industrial process gas reciprocating compressor is farther classified into API 618 compressor primarily used for downstream process and high-speed compressors used for upstream and midstream processes. The Russia reciprocating compressor market segmentation by end-use industry includes chemical industry, oil & gas industry, LNG industry, petrochemical industry and others. Oil & gas industry is farther classified depending upon the operational activities covering upstream, downstream and midstream activities. LNG industry is farther classified based on plant size into small and medium sized plants, and big and giant sized plants.

The market research also comprises ambitious profiling of main players together with the value chain analysis for reciprocating compressors. Key business strategies approved by leading players, their market positioning, and different new developments have also been identified in the research report. This market research also offers market positioning analysis of main players in the Russia reciprocating compressors market established on their 2015 revenues. Some of the main players dominating the reciprocating compressors in the Russia contain Atlas Copco AB, Kobelco Compressors Corporation, Dresser Rand Group Inc., Howden Group Ltd., and General Electric Co. These players hold meaningful market share in the Russian reciprocating compressor market collectively holding approximately 40.0 percent of the market share in 2015. The other main players decribed in the business research study contain Leobersdorfer Maschinenfabrik GmbH & Co.KG, Burckhardt Compression AG, Neuman & Esser Group, KwangShin Machinery Co. Ltd., BORSIG ZM Compression GmbH, Ariel Corporation, and SIAD Macchine Impianti S.p.A.

The Russia reciprocating compressor market is broken down as below:

Russia Reciprocating Compressor Market: By category

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