Global MVR Compressor Market Growth 2019-2024

MVR stands for Mechanical Vapor Recompression and is an evaporator driven by mechanical energy or electricity. It is a technology by circulating utilization of secondary steam energy generated from evaporator itself. Mechanical vapor recompression uses the secondary steam which generated from evaporator and increases its pressure, temperature and enthalpy through compressor and sends it to the heating room of evaporator to be used as heat steam which the feed liquid can maintain boiling condition and the heat steam will become condensing water. Thus the primary steam which will be disposed can be used sufficiently and increases the heat efficiency, decreases energy consumption and reduces pollution.
As the core component of MVR evaporator system, MVR compressor refers to the machine used for compressing vapor.

The MVR Compressor consumption volume was 2277 Units in 2016 and is expected to reach 2458 Units in 2017 and 3598 Units in 2022, growing at a CAGR of 7.92% from 2017 to 2022. Asia-Pacific`s sales volume accounted for the highest market share (33.51%) in 2015, followed by North America and Europe.
At present, the manufactures of MVR Compressor are concentrated in North America, Europe, Asia-Pacific, South America and Middle East & Africa. Europe is the largest production area in the world, which occupied about 34.87% in 2016. The following areas are North America and Asia-Pacific. The global leading players in this market are PILLER, Howden, Tuthill, Turbovap, Atlas Copco, etc.
The MVR Compressor are mainly used by Evaporator, Crystallization and Dryer. The prominent application of MVR Compressor is Evaporator.

According to this study, over the next five years the MVR Compressor market will register a 6.6% CAGR in terms of revenue, the global market size will reach US$ 360 million by 2024, from US$ 240 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in MVR Compressor business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of MVR Compressor market by product type, application, key manufacturers and key regions and countries.

This study considers the MVR Compressor value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Centrifugal Type
Roots Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Evaporator
Crystallization
Dryer
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
PILLER
Howden
Tuthill
Turbovap
Atlas Copco
GEA Wiegand
Jiangsu Jintongling
ITO
Gardner Denver
SANY
Fuxi Machinery
Hanwha Techwin
Tiancheng
LEKE

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global MVR Compressor consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of MVR Compressor market by identifying its various subsegments.
Focuses on the key global MVR Compressor manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the MVR Compressor with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of MVR Compressor submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.