Keyword To Receive Overwhelming Hike In Revenues By 2024
The Global booster compressor market is estimated to reach USD 2.6 Billion in 2024 at a CAGR of 5 %. Low investment cost involved in booster and optimal efficiency and lower energy consumption is expected to drive the booster compressor market during the forecast period. However, high maintenance cost is expected to restrain the market during the forecast period. Growth in oil & gas exploration and production industry and increase in natural gas development is expected to become an opportunity for global market.
Booster compressor is a type of compressor that boost air to achieve high pressure results. Applications such as plastic molding, printing and leak testing requires booster compressor to achieve the desired high pressure and flow. Pneumatic is the most common type of booster compressor as it’s easy to use and requires less amount of energy. Some key players in booster compressor are Atlas Copco, KAESER KOMPRESSOREN, Sauer Compressors USA, Inc., BAUER COMP Holding GmbH and Ingersoll-Rand plc among others.
Booster Compressor Market: Trends, Segmentation & Drivers
This market research report offers a comprehensive analysis of key market trends in the global booster compressor market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factual feedbacks. On the the basis of type, the global market is segmented into hydraulic and pneumatic. Based on technology, the global market can be segmented into water – cooled and air – cooled. The segmentation by compression stage includes single-stage, two-stage and multistage. The segmentation by pressure rate includes 14-40 bar, 41-100 bar, 101-350 bar and above 350 bar. The segmentation by end user industry includes chemical, oil & gas, energy & power, manufacturing, and others. The regional analysis is covered under five major regions such as North America, South America, Europe, Asia-Pacific, Middle East & South America, with individual country-level analysis.
Booster Compressor Market: Report Segmentation
For the scope of report, In-depth segmentation is offered by Forencis Research.
Booster Compressor Market by Technology
- Water – cooled
- Air – cooled
Booster Compressor Market by Type
Booster Compressor Market, by Compression Stage
Booster Compressor Market, by Pressure Rate
- 14 – 40 Bar
- 41 – 100 Bar
- 101 – 350 Bar
- Above 350 Bar
Booster Compressor Market, by End User Industry
- Oil & Gas
- Energy and Power
Booster Compressor Market by Region
- Asia-Pacific (China, India, Japan, Australia, Rest of Asia-Pacific)
North America (US, Canada, Mexico, Europe, Germany, UK, France, Italy, Russia, Rest of Europe)
- Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa, South America, Brazil, Argentina, Rest of South America)
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