Global Transmission Sales Market (2021-2026) by Type, Application, Compressions, End-Users and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis
The Global Transmission Sales Market is estimated to be USD 16.7 Bn in 2021 and is expected to reach USD 20.1 Bn by 2026, growing at a CAGR of 3.7 %.
The market is being driven by the growing shale gas production activities, increasing operational transmission pipelines, gas processing and FPS & LNG vessels. Also increasing automation and transition to energy efficiency in Oil & Gas sector is further helping the growth of the market.
High maintenance cost and technical challenges like manufacturing defects and improper installation are hindering the market growth.
Increased focus on mature oil and gas fields and industrialization in emerging economies are creating lucrative opportunities for the market.
The Global Transmission Sales Market is segmented based on Type, Application, Compression, End-Users and Geography.
By Type, the market is classified into Reciprocating, Rotary, Centrifugal and Axial Flow. The Reciprocating compressors contributes largest share of the market.
By Application, the market is classified into Artificial Lift, Gas Processing Station, LNG & FPS, Storage & Facilities and Others. The Gas Processing Station contributes largest share of the market.
By Compression, the market is classified into Air Compressor and Gas Compressor. The Gas Compressor contributes largest share of the market
By End Users, the market is classified into Oil & Gas, Power Generation, Water & Wastewater Management and Others. The Oil & Gas contributes largest share of the market.
By Geography, North America is projected to lead the market.
1) In June 2019, Atlas Copco has acquired a Pennsylvania-based distributor of compressors, namely, Taylor Air Center. The company has around 20 employees and is located within the densely populated Lehigh Valley in Pennsylvania in the US.
2) Seimens was awarded a contract to provide 3 residue compression trains (compressors) for two, 250 million standard cubic feet per day cryogenic gas plants in the Delaware Basin. Each train consists of a 22,000 horsepower (hp) motor, gearbox, and multi-stage Dresser-Rand DATUM centrifugal compressor, all mounted onto a single skid—the compressors, motors, and drives. The scheduled commissioning of this plant would be done in the second half of 2020.
Some of the companies covered in this report are Ariel Corporation, Atlas Copco, Bauer Kompressoren, Caterpillar, Inc., Cummins, DAJI Towers, Fengfan Power, Furukawa Electric, Gazprom, GE, General Cable, Hangzhou Cable, Hyundai Heavy Industries, Weifang Changan Fittings Tower, Wuxiao Group, Xignux, etc.
IGR Competitive Quadrant
The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
The report offers a comprehensive evaluation of the Global Transmission Sales Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
The report also contains the competitive analysis using IGR Competitive Quadrant, Infogence’s proprietary competitive positioning tool.
A complete analysis of the market, including parent industry
Important market dynamics and trends
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market
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