UAE air compressors market is expected
to grow at a steady CAGR in the forecast period. The major revenue-generating source is
the gas industry as the UAE consist of one of the largest gas reserves in the
world, the government is launching initiatives and policies such as the Dolphin
gas project and is attracting foreign investments on a large scale. The
expansion of the mining and oil exploration activities is contributing to the
growth of the air compressors market. Rising demand from the prominent industry
verticals comprising of construction, food & beverages, manufacturing,
among others for different applications is contributing to the air compressors
market growth. Surge in the growth of the automotive industry due to changes in
the preference of consumers for enhanced comfort and flexibility while
traveling from one place to another. The increase in the power requirements
owing to the rise in the population and the technological advancements in the
power generation industry is expected to fuel the growth of the air compressors
market in the next five years. An increase in consumer awareness regarding
energy wastage and the growing adoption of energy-saving equipment is expected
to create lucrative opportunities for the air compressors market growth.
UAE air compressors market is segmented
into type, technology, lubrication method, power rating, end-user industry,
regional distribution, and company.
Based on the end-user industry, the market can be divided into construction,
oil & gas, automotive, HVAC-R, industrial manufacturing, power generation,
and others. The oil & gas segment is expected to witness growth in the
forecast period, 2022-2026. Requirement of the air compressors for different
applications such as gas injection, gas lift, transmission, storage, flash gas
compression, and refrigeration for upstream, downstream, and midstream sectors
of oil & gas is expected to fuel the air compressors market growth.
The major players operating in the UAE air
compressors market are Oil Tech International LLC, Atlas
Copco Services Middle East, ANDRON Equipments LLC, Aerzen ME – FZE, Hoerbiger
Service Middle East FZE, Kaeser Kompressoren FZE, GPE LLC, Oil Tech
International LLC, Al Gawf Trading FZCO, Hotline Trading LLC, Kaeser
Kompressoren FZE, General Electric Company, Burckhardt Compression (Middle
East) FZE, Kobelco Machinery Middle East FZE, Sanden Holdings Corporation,
among others. Major companies are developing advanced technologies and
launching new services to stay competitive in the market. Other competitive
strategies include mergers & acquisitions and new service developments.
Years
considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2026
Objective of the Study:
- To analyze the historical growth of the market size of UAE air
compressors market from 2016 to 2019.
- To estimate and forecast the market size of UAE air compressors market
from 2020 to 2026 and growth rate until 2026.
- To classify and forecast UAE air compressors market based on type,
technology, lubrication method, power rating, end-user industry, regional
distribution, and company.
- To identify dominant region or segment in the UAE air compressors.
- To identify drivers and challenges for UAE air compressors market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in UAE air compressors market.
- To identify and analyze the profile of leading players operating in
UAE air compressors market.
- To identify key sustainable strategies adopted by market players in
UAE air compressors market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers across the globe. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the manufacturers who could not be identified
due to the limitations of secondary research. TechSci Research analyzed the manufacturers,
distribution channels and presence of all major players across the globe.
TechSci
Research calculated the market size of UAE air compressors market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Air compressors manufacturing companies
- Market research and consulting firms
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums, and alliances related
to air compressors market.
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers and partners, end users, etc., besides allowing them in strategizing
investments and capitalizing on market opportunities.
Report Scope:
In this report, UAE air compressors market
has been segmented into following categories, in addition to the industry
trends which have also been detailed below:
·
UAE Air Compressors Market, By Type:
- UAE Air Compressors Market, By Technology:
- Reciprocating
- Rotary
- Centrifugal
- UAE Air Compressors Market, By Lubrication Method:
- UAE Air Compressors Market, By Power Rating:
- 0-100 kW
- 101-300
kW
- 301-500
kW
- 501 kW
& above
- UAE Air Compressors Market, By End-user Industry:
- Construction
- Oil
& Gas
- Automotive
- HVAC-R
- Industrial
Manufacturing
- Power Generation
- Others
- UAE Air Compressors Market, By Region:
- Dubai
- Abu
Dhabi
- Sharjah
- Rest of
UAE
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in UAE air compressors market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
UAE air compressors market
is an upcoming report to be released soon. If you wish an early delivery of
this report or want to confirm the date of release, please contact us at [email protected]