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  • Process Gas Reciprocating and Centrifugal Compressor Services: Growth Prospects for Oil and Gas Revealed
    Decarbonization and the use of alternative energy sources are key considerations for compressor vendors to drive growth

    Overview

    This deliverable examines the key types of compressor services across various regions. The analysis discusses the revenue generated by servicing, repairs, maintenance, and end-of-life services for process gas centrifugal and process gas reciprocating compressors.

    • The analysis provides forecasts until 2026, with data provided on major regions, including North America, Latin America, Europe, the Middle East and Africa, and Asia Pacific.

    • The oil and gas industry is on the recovery path in 2021, following substantial declines in 2020 due to the COVID-19 pandemic.

    • Digitalization will play a critical role in enabling the energy transition in the oil and gas industry, with more companies implementing AI, robotics, and IoT technologies to boost energy efficiency.

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