What is Ship Compressor Market Scope?
A ship compressor is a multipurpose device that compresses air or any fluid in order to reduce its volume. There are various forms of compressors used on ships are the main air compressor, deck air compressor, AC compressor, and refrigeration compressor, etc. Compressors are the essential equipment which is helped in the number of the process ranging from the small process of cleaning of the filters to the bigger and crucial tasks such as starting main as well as secondary engines. market players are fully focused on the development of new compressors for the marine industry. For example, Sperre Compressors launches screw compressors for the marine market. Increasing spending on the marine industry from the defence sector and technology advancement in compressors will boost the ship compressor market in the forecasted period.
The Ship Compressor market study is being classified by Type (Centrifugal Compressor, Rotary Vane Compressor, Rotary Screw Compressor and Reciprocating Air Compressor), by Application (Civil and Military) and major geographies with country level break-up.
Analysts at AMA predicts that Manufacturers from Germany will contribute to the maximum growth of Global Ship Compressor market throughout the predicted period.
Danfoss (Denmark), Daikin Industries, Ltd. (Japan), Johnson Controls International plc (Ireland), BGS General Srl (Italy), Sperre (Norway), J.P. Sauer & Sohn Maschinenbau GmbH (Germany), Bitzer SE (Germany), GEA Bock GmbH (Germany), Hyosung Marine (South Korea) and Norwegian company Tamrotor Marine Compressors (TMC) (Norway) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are DongHwa Entec (South Korea).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Ship Compressor market by Type, Application and Region.
On the basis of geography, the market of Ship Compressor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
In Nov 2018, Daikin Industries, Ltd. has reached an agreement for the acquisition of AHT Group, a leading company in the commercial refrigeration market in Europe.
In June 2019, Sperre Compressors launches screw compressors for the marine market., and In June 2019, Sauer Compressors presents Orkan compressors, a versatile compressor range that combines a number of innovative technologies. The Orkan high-pressure compressors will be available in various designs and are suitable for the compression of many gases and for a wide range of applications.
Influencing Market Trend
- High Usage of Reciprocating Air Compressor in Ship
- Advancements in the Compressor Technology
Market Drivers
- Growing Maritime Tourism Industry
- Increase in Defense Spending Activities in Marien Industry
Opportunities
- Growing Demand for Energy Efficient Compressors
- Increasing Demand from Emerging Economies
Restraints
- High Initial Cost of Installation of Compressor
Challenges
- Government Rules and Regulations Regarding the Noise Pollution
Key Target Audience
Ship compressor manufacturers, dealers, and suppliers, Raw material and component suppliers, Government and research organizations, Environmental and industrial associations, Market research and consulting firms and Potential Investors
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