Global MVR Compressor Market Growth 2023-2029

Global MVR Compressor Market Growth 2023-2029

MVR stands for Mechanical Vapor Recompression and is an evaporator driven by mechanical energy or electricity. It is a technology by circulating utilization of secondary steam energy generated from evaporator itself. Mechanical vapor recompression uses the secondary steam which generated from evaporator and increases its pressure, temperature and enthalpy through compressor and sends it to the heating room of evaporator to be used as heat steam which the feed liquid can maintain boiling condition and the heat steam will become condensing water. Thus the primary steam which will be disposed can be used sufficiently and increases the heat efficiency, decreases energy consumption and reduces pollution.

As the core component of MVR evaporator system, MVR compressor refers to the machine used for compressing vapor.

LPI (LP Information)' newest research report, the “MVR Compressor Industry Forecast” looks at past sales and reviews total world MVR Compressor sales in 2022, providing a comprehensive analysis by region and market sector of projected MVR Compressor sales for 2023 through 2029. With MVR Compressor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world MVR Compressor industry.

This Insight Report provides a comprehensive analysis of the global MVR Compressor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on MVR Compressor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global MVR Compressor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for MVR Compressor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global MVR Compressor.

The global MVR Compressor market size is projected to grow from US$ 315 million in 2022 to US$ 507.6 million in 2029; it is expected to grow at a CAGR of 507.6 from 2023 to 2029.

Europe is the largest MVR Compressor market with about 41% market share. North America is follower, accounting for about 27% market share.

The key players are PILLER, Howden, Tuthill, Turbovap, Atlas Copco, GEA Wiegand, Jiangsu Jintongling, ITO, Gardner Denver, SANY, Fuxi Machinery, Hanwha Techwin, Tiancheng, LEKE etc. Top 3 companies occupied about 33% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of MVR Compressor market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Centrifugal Type

Roots Type

Segmentation by application

Evaporator

Crystallization

Dryer

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

PILLER

Howden

Tuthill

Turbovap

Atlas Copco

GEA Wiegand

Jiangsu Jintongling

ITO

Gardner Denver

SANY

Fuxi Machinery

Hanwha Techwin

Tiancheng

LEKE

Key Questions Addressed in this Report

What is the 10-year outlook for the global MVR Compressor market?

What factors are driving MVR Compressor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do MVR Compressor market opportunities vary by end market size?

How does MVR Compressor break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.