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Increasing Demand from Oil & Gas Industry to Drive the Compressors Market

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“Compressors Market – Global Industry Dynamics 2018-19, Trends and Forecast, 2020–2028” is an upcoming market research report added by the analysts at Industry Probe. Compressors market report offers existing driving and limiting factors, consumer behavior & trends, and scope for opportunities that can help the strategists and companies.               

The report is a result of a thorough secondary research as well as interviews with industry experts. Therefore, numbers are as close to accurate as they get and the information accessible in the report on the compressors market is easy to comprehend. Industry Probe analysts have included some of the major players operating in the compressors market along with information about revenue, strengths, opportunities, segmentation, competitive landscape and regional presence of the market players.    

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According to the report from Industry Probe, the global compressors market is expected to expand at a rapid pace in the coming years. The major factors driving the global compressors market include increase in demand from for compressors from the oil & gas industry, rise in research & development activities, and rapid urbanization. Moreover, rapid growth in the foods & beverages, electronics, and home appliances industries is expected to drive demand for compressors in the near future.

The report has segregated the global compressors market based on type, lubrication, application, distribution channel, and region. Based on type, the global compressors market is bifurcated into reciprocating, rotary, centrifugal, and axial. The reciprocating compressor segment is expected to dominate the market in the near future. In terms of lubrication, the compressors market is divided oil-free lubrication and oil-filled lubrication. Based on application, the market is categorized into oil & gas, foods & beverages, chemicals, electronics, manufacturing, home appliances, and others.

Some of the prominent players operating in the global compressors market are featured in this report to give a better competitive analysis of the market and these include Atlas Copco AB, Ingersoll-Rand plc, Sulzer Ltd, Siemens, Mitsubishi Heavy Industries Compressor Corporation, Valeo Compressors, Kobe Steel, Ltd., Toyota Industries Corporation, Sanden Holdings Corporation, Mahle GmbH, Gardner Denver, Inc., Kaeser Kompressoren SE, Hanon Systems, and Anest Iwata Corporation.

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