Compressor

Global Turboexpanders Market to Reach $1.4 Billion by 2030 - ResearchAndMarkets.com

Retrieved on: 
Monday, August 28, 2023

The global market perspective examines various product categories including compressors, generators, oil break, oil & gas, turboexpanders, radial flow, axial flow, chemical & petrochemicals, energy & power, and other end-uses across different geographic regions.

Key Points: 
  • The global market perspective examines various product categories including compressors, generators, oil break, oil & gas, turboexpanders, radial flow, axial flow, chemical & petrochemicals, energy & power, and other end-uses across different geographic regions.
  • In the changed post COVID-19 business landscape, the global market for Turboexpanders estimated at US$963.9 Million in the year 2022, is projected to reach a revised size of US$1.4 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030.
  • China, the world's second largest economy, is forecast to reach a projected market size of US$304.4 Million by the year 2030 trailing a CAGR of 7.8% over the analysis period 2022 to 2030.
  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

Standard Motor Products Releases 156 New Part Numbers in June

Retrieved on: 
Wednesday, June 21, 2023

NEW YORK, June 21, 2023 /PRNewswire/ -- Standard Motor Products, Inc. (SMP®) has released 156 new part numbers in its June new number announcement.

Key Points: 
  • NEW YORK, June 21, 2023 /PRNewswire/ -- Standard Motor Products, Inc. (SMP®) has released 156 new part numbers in its June new number announcement.
  • This most recent release provides new coverage in 61 different product categories, and 43 part numbers for 2022 and 2023 model-year vehicles.
  • Standard® and Four Seasons® remain committed to the strategic expansion of coverage for hybrid and electric vehicles.
  • Standard® has also introduced new powertrain components for the 2021-15 Lexus NX300h, 2020-17 Hyundai Ioniq Hybrid, and Nissan Rogue Hybrids.

Power Equipment Direct Partners with ABAC on Exclusive Air Compressor Launch

Retrieved on: 
Tuesday, June 13, 2023

BOLINGBROOK, Ill., June 13, 2023 /PRNewswire/ -- Power Equipment Direct has partnered with ABAC Air Compressors to lead the launch of its innovative rotary screw machines in the United States.

Key Points: 
  • BOLINGBROOK, Ill., June 13, 2023 /PRNewswire/ -- Power Equipment Direct has partnered with ABAC Air Compressors to lead the launch of its innovative rotary screw machines in the United States.
  • "We're going to utilize Power Equipment Direct as our partner to launch this brand into the entire North American marketplace," explains Dave North, national sales manager for ABAC.
  • Power Equipment Direct now carries a wide assortment of ABAC rotary screw compressors ranging from 3-20 horsepower.
  • Drew Dudek, category manager for Air Compressors at Power Equipment Direct, is equally excited.

Gorman-Rupp Reports First Quarter 2023 Financial Results

Retrieved on: 
Thursday, April 27, 2023

The Gorman-Rupp Company (NYSE: GRC) reports financial results for the first quarter ended March 31, 2023.

Key Points: 
  • The Gorman-Rupp Company (NYSE: GRC) reports financial results for the first quarter ended March 31, 2023.
  • Excluding Fill-Rite, sales in our water markets increased 20.1% or $14.5 million in the first quarter of 2023 compared to the first quarter of 2022.
  • Excluding Fill-Rite, sales in our non-water markets increased 12.8% or $3.8 million in the first quarter of 2023 compared to the first quarter of 2022.
  • Adjusted EBITDA1 was $28.4 million for the first quarter of 2023 compared to $14.3 million for the first quarter of 2022.

Standard Motor Products Releases 373 New Part Numbers in April

Retrieved on: 
Wednesday, April 26, 2023

NEW YORK, April 26, 2023 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) has released 373 new part numbers in its April new number announcement.

Key Points: 
  • NEW YORK, April 26, 2023 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) has released 373 new part numbers in its April new number announcement.
  • This most recent release provides new coverage in 87 different product categories, and more than 100 part numbers for 2022 and 2023 model-year vehicles.
  • SMP's latest release includes more than 100 part numbers for 2022 and 2023 model-year vehicles.
  • Four Seasons® has also introduced new Blower Motor Resistors, Suction Line Hose Assemblies, Heater Cores, and other popular products.

Godrej & Boyce showcases indigenous energy-efficient solutions at Hannover Messe, Germany

Retrieved on: 
Monday, April 24, 2023

MUMBAI, India, April 24, 2023 /PRNewswire/ -- Godrej & Boyce, the flagship company of the Godrej Group, announced that 2 LOBs of Godrej Electricals & Electronics - Green Consultancy and Energy Management (GCEM) and Busduct – have participated in Hannover Messe, the world's largest industrial trade fair, that took place from April 17 to 21 in Germany. The company showcased two of its indigenous and innovative products at the expo.

Key Points: 
  • MUMBAI, India, April 24, 2023 /PRNewswire/ -- Godrej & Boyce, the flagship company of the Godrej Group, announced that 2 LOBs of Godrej Electricals & Electronics - Green Consultancy and Energy Management (GCEM) and Busduct – have participated in Hannover Messe, the world's largest industrial trade fair, that took place from April 17 to 21 in Germany.
  • "Our GCEM LOB of Godrej Electricals & Electronics provides sustainable solutions to industries with a core focus on improving their productivity and energy efficiency.
  • Godrej & Boyce is committed to creating sustainable products and services that contribute to a greener planet.
  • The company's participation in Hannover Messe is in line with its vision to offer cost-effective and environmentally friendly solutions to all sectors of the industry.

JEOL: Release of Cryogen Reclamation System

Retrieved on: 
Friday, April 14, 2023

JEOL Ltd. (TOKYO:6951) (President & CEO Izumi Oi) announces launch of a new Cryogen Reclamation System for Nuclear Magnetic Resonance (NMR) on April 14, 2023.

Key Points: 
  • JEOL Ltd. (TOKYO:6951) (President & CEO Izumi Oi) announces launch of a new Cryogen Reclamation System for Nuclear Magnetic Resonance (NMR) on April 14, 2023.
  • It can substantially reduce evaporation of both liquid helium and liquid nitrogen that are inevitable as cryogen for the NMR instrument’s superconducting magnet.
  • View the full release here: https://www.businesswire.com/news/home/20230410005453/en/
    Cryogen Reclamation System attached with the magnet (Compressor unit is installed separately) (Photo: Business Wire)
    Light-weight and space-saving.
  • It reduces the frequency and costs for refilling the cryogen and maximizes the operation time of the NMR instruments.

Compressors and Vacuum Pumps Global Strategic Business Report 2023: Strong Pressure to Cut Carbon Footprint Drives Demand for New Generation of Energy Efficient Compressors & Vacuum Pumps

Retrieved on: 
Tuesday, March 28, 2023

DUBLIN, March 28, 2023 /PRNewswire/ -- The "Compressors and Vacuum Pumps: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 28, 2023 /PRNewswire/ -- The "Compressors and Vacuum Pumps: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • Positive Displacement Compressors, one of the segments analyzed in the report, is projected to record a 5% CAGR and reach US$28.6 Billion by the end of the analysis period.
  • Taking into account the ongoing post pandemic recovery, growth in the Dynamic Compressors segment is readjusted to a revised 4.3% CAGR for the next 8-year period.
  • Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand.

ICECO Announces the Launch of APL55 - A Next Generation of Portable Fridge

Retrieved on: 
Saturday, March 25, 2023

CITY OF INDUSTRY, Calif., March 25, 2023 /PRNewswire/ -- ICECO, a leading manufacturer of portable refrigeration solutions, recently announced the launch of its latest product - a portable fridge equipped with the company's patented Flexi-Zone technology.

Key Points: 
  • CITY OF INDUSTRY, Calif., March 25, 2023 /PRNewswire/ -- ICECO, a leading manufacturer of portable refrigeration solutions, recently announced the launch of its latest product - a portable fridge equipped with the company's patented Flexi-Zone technology.
  • The ICECO APL55 is perfect for camping, road trips, and other outdoor activities.
  • ICECO APL55 is based on several local CA overland groups and several RVers working together to come up with a proposal.
  • The ICECO APL55 portable refrigerator is now available for purchase on the ICECO's website.

Exotic Automation & Supply to Host 3rd Annual Motion & Control Summit

Retrieved on: 
Wednesday, February 22, 2023

NEW HUDSON, Mich., Feb. 22, 2023 /PRNewswire-PRWeb/ -- Exotic Automation & Supply, a premier Parker Hannifin distributor, announced today they have released the agenda for the 3rd Annual Motion & Control Summit. The summit, held March 22-23, 2023, is free to attend and features an extensive line-up of fluid power seminars.

Key Points: 
  • NEW HUDSON, Mich., Feb. 22, 2023 /PRNewswire-PRWeb/ -- Exotic Automation & Supply , a premier Parker Hannifin distributor, announced today they have released the agenda for the 3rd Annual Motion & Control Summit .
  • The summit, held March 22-23, 2023, is free to attend and features an extensive line-up of fluid power seminars.
  • "I'm very excited to be back to present again in this year's Motion & Control Summit," Dave Tunney, Electromechanical Product Manager said.
  • "Feedback from attendees on our previous summits has encouraged us to continue hosting the Motion & Control Summit annually," Steve Orlando, Vice President of Sales & Marketing said.