MVR Compressor Market: Operational Extension to be Key Strategy of Market Players

Published On : 09 Jun 2017

QYResearchReports has added a report, titled “Global MVR Compressor Market Research Report 2017,” to its repository. The report studies the various factors driving the global MVR compressor market along with the restraining factors which are hampering the growth of this market. The impact analysis of both drivers and restraints is included in the report. The report analyzes the degree of competition, supplier bargaining power and buyer bargaining power, and also the threat of substitutes. The obstacles faced by new entrants and thus, the resulting threat of new entrants, considering factors such as capital required to enter the market or expertise needed to have an established customer base. 

MVR, which is the abbreviation for mechanical vapor recompression, is an evaporator driven either by electricity or mechanical energy. It is the most vital component of an MVR evaporator.  MVR compressor is used for the compressing of vapor, thus driving their demand. According to the report’s leading author, the global MVR compressor industry will be worth US$244.79 mn by 2017 and US$336.51 mn by 2022. The market is expected to show a healthy CAGR of 6.57% on the basis of revenue during the period from 2017 to 2022. 

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There are two main types of compressors, which are centrifugal compressor and roots compressor. Both these compressors are used in MVR evaporators for compressing the vapor. The report studies roots and centrifugal compressor. On the basis of application, the market is segmented into dryer, crystallization, and evaporator. The production, price, revenue, growth rate, and market share of the sub-segments of the application segment is included in the report. This enables a reader to understand which is the fastest growing segment, the currently leading segment, and also the declining or segment with sluggish growth.

By geography, the market is segmented into Asia Pacific, Europe, North America, and the Rest of the World. The market share and forecasted growth rate of each of the regional segment along with the cost and production have been given. By product type, the global MVR compressor market is segmented into roots type and centrifugal type compressors. Of these, the centrifugal type MVR compressor is most likely to emerge dominant product type during the period from 2017 to 2022. 
One of the most commonly observed strategy implemented by key players operating in the global MVR compressor market is the extension of operations. Operational extension enables leading players to enhance their production capacity. This also helps them to improve their client base and have an enhanced existence in the market. Leading players operating in the global MVR compressor market include: Howden, Tiancheng, GEA Wiegand, Hanwha Techwin, Gardner Denver, Tuthill, Jiangsu Jintongling, Atlas Copco, PILLER, Fuxi Machinery, LEKE, ITO, Turbovap, and SANY.  


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