Description
Increasing focus by end-users on reliability and safety is expected to mobilise the industrial compressor services market. Repairs and maintenance activities have assumed greater significance post the 2008-09 economic recession, which diminished the capital expenditure for new projects. The impact of European Union sanctions (on account of the geo-political situation) on the Russian compressor services market has been looked into. This research analyses the current and future trends and their impact on the industrial compressor services market in Europe and Russia. Trends by service types have been analysed for both Europe and Russia. The market drivers with their corresponding implementation time have been discussed. The restraining factors and their impact have also been analysed.
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