Liquefied Natural Gas (LNG) Compressor Market to 2022 – Market Estimate, Industry Size: Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
Grand View has announced the addition of “Liquefied Natural Gas (LNG) Compressor Market Analysis and Segment Forecasts To 2022” Market Research report to their Database.

Global increase in natural gas demand coupled with growing energy consumption in countries such as U.S., Canada and China is expected drive liquefied natural gas (LNG) demand and in turn augment Liquefied Natural Gas (LNG) Compressor Market growth over the next seven years. Increasing LNG trade and manufacturing technology development is anticipated to complement LNG compressor market growth over the forecast period. Growing LNG production from U.S. shale gas reserves and offshore African locations has resulted in increased LNG trade thus enhancing supply equipments market growth associated with LNG.

Full research report on Global Liquefied Natural Gas (LNG) Compressor Market with detailed figures and charts available at:

Capacity expansion in ongoing plants and new projects specifically in Australia and U.S. is expected to propel LNG compressor market growth over the forecast period. Increasing LNG terminals and stringent governmental norms have resulted in increased LNG compressor demand for superior liquefaction. High raw material cost and complex fabrication is slated to obstruct LNG compressor market growth and pose challenges to industry participants over the forecast period. Unconventional natural gas reserves development is expected to require optimized compressor systems with reliability to handle various gas streams. This in turn is anticipated to create lucrative opportunities for industry participants over the forecast period.

Get more information on Global Liquefied Natural Gas (LNG) Compressor Market or request for TOC of this research report at:

North America is slated to remain key regional LNG compressor market over the next seven years owing to rapidly improving LNG terminal infrastructure and new LNG gasification terminals particularly in U.S. and Canada. Middle East & Africa is expected to witness significant LNG compressor market growth due to huge investments on improving existing infrastructure in countries such as Qatar. The region is expected to witness surge in LNG compressor market growth owing to increasing LNG compressor market demand in countries such as Nigeria, UAE, Egypt, Kuwait and Algeria. Asia Pacific is expected to witness high LNG compressor market growth due to rising natural gas consumption as a key power generation source and increasing LNG gasification terminals in the region. Major LNG compressor demand is slated from countries including U.S., China, UAE, India, Japan, Indonesia, Pakistan, Albania and Malaysia over the forecast period.

View more reports of this category by Grand View Research at:

Key players operating in LNG compressor market include Seimens, Mitsubishi Heavy Industries, EagleBurgmann, Elliott Company, Kobelco Compressors America, Inc., General Electric Company and IMW Industries Ltd.

About Grand View Research

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights.

For more information, visit:

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States