Compressor Market in MEA 2022-2026

Compressor Market in MEA 2022-2026

Technavio has been monitoring the compressor market in MEA and it is poised to grow by $ 1.09 bn during 2022-2026 progressing at a CAGR of 3.55% during the forecast period. Our report on the compressor market in MEA provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by the expansion of oil terminals and the growth of pharmaceutical industry.

The compressor market in MEA analysis includes the end-user segment and geographic landscape.

Technavio's compressor market in MEA is segmented as below:

By End-user

• Oil and gas
• Process industry
• Discrete industry

By Geographical Landscape

• Saudi Arabia
• Turkey
• UAE
• Qatar
• Rest of MEA

This study identifies the increasing demand from HVAC applicationsas one of the prime reasons driving the compressor market growth in MEA during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on compressor market in MEA covers the following areas:

• Compressor market sizing
• Compressor market forecast
• Compressor market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading compressor market vendors in MEA that include ANEST IWATA Corp, Atlas Copco AB, IDEX Corp., KAESER KOMPRESSOREN SE, MAHLE GmbH, MAN Energy Solutions SE, Mitsubishi Heavy Industries Ltd., Siemens AG, Toyota Industries Corp., and Valeo SA. Also, the compressor market in MEA analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

ANEST IWATA Corp, Atlas Copco AB, IDEX Corp., KAESER KOMPRESSOREN SE, MAHLE GmbH, MAN Energy Solutions SE, Mitsubishi Heavy Industries Ltd., Siemens AG, Toyota Industries Corp., Valeo SA