The 2023-2028 World Outlook for Gas Compressors

The 2023-2028 World Outlook for Gas Compressors

This study covers the world outlook for gas compressors across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

This study covers gas compressors as defined by the North American Industrial Classification system or NAICS (pronounced "nakes").

The NAICS code for gas compressors is 33391212. It is for this definition that aggregate latent demand estimates are derived. Gas compressors is specifically defined as follows:

33391212 Gas compressors

3339121220 Vacuum pumps (compressors) (including value of the driver if shipped as a complete unit), except laboratory

3339121225 Value of drivers (motors, engines, hydrostatic transmissions, etc.) sold with vacuum pumps (except laboratory)

3339121261 Vacuum pumps (excluding laboratory), low vacuum, 29.5 in. mercury vacuum and lower, under 5 hp

3339121265 Vacuum pumps (excluding laboratory), low vacuum, 29.5 in. mercury vacuum and lower, 5 hp and over

3339121273 Vacuum pumps (excluding laboratory), high vacuum, 29.6 in. mercury vacuum and over, under 5 hp

3339121277 Vacuum pumps (excluding laboratory), high vacuum, 29.6 in. mercury vacuum and over, 5 hp and over