DUBLIN, November 5, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/7r53jl/compressors) has announced the addition of the "Compressors Market in the Middle East 2014-2018" report to their offering.
Compressors are mechanical devices used to compress air or gas in a closed unit and provide it at preferred pressure levels. Compressors can be air compressors or gas compressors. An air compressor is a device that compresses and pressurizes air to convert power into kinetic energy. A gas compressor is a device that reduces the volume of gas to increase its pressure following the principle of Boyle's Law. An air compressor is a specific type of gas compressor.
Compressors are used in several applications across industries such as the Oil and Gas, Petrochemicals and Chemicals, Power Generation, Desalination, Water and Waste Water Treatment, Fertilizers, Mining, and Cement. Compressors are of several types based on their functionality and design. However, the major types of compressors that are considered in this report are centrifugal compressors and positive displacement compressors.
The analysts forecast the Compressors market in Middle East to grow at a CAGR of 7.74 percent over the period 2013-2018.
This report covers the present scenario and the growth prospects of the Compressors market in Middle East during the period 2014-2018. To calculate the market size, the report considered revenue generated from sales of Centrifugal compressors, and Positive Displacement compressors.
The report, the Compressors Market in Middle East 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Compressors market in Middle East and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Development of application-specific compressors is one of the emerging trends in the market. The Compressors market in the Middle East is expected to grow at a steady rate during the forecast period because of the increased growth of both the oil and gas and non-oil and gas industries, which is expected to create huge demand for compressors in the Middle East.
According to the report, investment in the non-oil and gas sector in the Middle East is one of the major drivers in the Compressors market in the region. The power generation, desalination, and water and wastewater treatment industries are some of the major end-users of the Compressors market in the Middle East that drive the growth of the market.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Product
08. Centrifugal Compressors Market in Middle East
09. Positive Displacement Compressors Market in Middle East
10. Market Segmentation by End-users
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
19. Key Vendor Analysis
20. Other Reports in this Series
- Atlas Copco
- Dresser Rand
- Gardner Denver
- MAN Diesel & Turbo
- Neuman & Esser
For more information visit http://www.researchandmarkets.com/research/7r53jl/compressors
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SOURCE Research and Markets