Natural Gas Compressors Market Research Report and Forecast Natural Gas Compressors Market - Asia and MEA Indu

Natural Gas Compressors, Natural Gas Engines,
Gas Turbines, Centrifugal Gas Compressors
Market - Asia and MEA Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 -
2023
Compressors can be classified as reciprocating and centrifugal compressors.
Reciprocating compressors are mostly used for compressing natural gases and other
process gases in case gas flow rates are relatively low and desired pressures are
high. Centrifugal compressors are located in chemical and process plants, in
pipelines that are part of distribution network in ships and drilling fields and which
brings gas in the usable form to the market. Natural gas compressors and natural
gas engines are also used in the natural gas vehicle (NGV) applications including
utilities and public refueling, municipal fleets, school bus and forklift applications.
Gas turbine machines are usually deployed in industrial cogeneration, combined
heat and power applications and combined-cycle service for power generation. The
simple-cycle units of gas turbines are generally deployed in renewable energy
power plants.
This 157 page report gives readers a comprehensive overview of the
Natural Gas Compressors market Browse through 1 data tables and 114
figures to unlock the hidden opportunities in this market.
http://www.transparencymarketresearch.com/asia-mea-natural-gas-
compressors.html
The natural gas compressors, natural gas engines, gas turbines, centrifugal gas
compressors report provides market estimates in term of revenue (US$ Mn) and
volume (units) for the period 2012, 2013, and 2014 and forecast for the period
2015-2022. In 2013, United Arab Emirates (UAE) dominated the market for natural
gas engines in Middle East region and was valued at US$ 17.1 Mn in the terms of
revenue. The growth is mainly driven by growing number of natural gas engines in
this region. Additionally, the country is aiming at importing natural gas to cater to
domestic demand of steel and aluminum industries. This in turn is expected to drive
the infrastructure development across natural gas industry in the country, thus
driving the market in the near future. The market for gas turbines was valued at
6,658.0 million in 2013 and is expected to reach US$ 11,184.2 million in 2022,
growing at a CAGR of 8.9% from 2015-2022. The growth in gas turbine market is
attributed to its adoption in co-generation plants.