Emphasis on Energy Efficiency Boosts Centrifugal Compressors Market
“Multi-national manufacturers are collaborating with Indian manufacturers through either technological or marketing tie-ups to expand their presence in the country,” noted the analyst. “Moreover, the replacement market for centrifugal compressors in the country will open up by the end of 2016, and unlock additional avenues for revenue generation.”
While centrifugal compressor market is gaining momentum in India, the total life cycle cost of ownership will be the key parameter in selecting a centrifugal compressor. Also, services offered by the suppliers will decide on the sustainability in this field.