Compressor Control System Market Industry Growth 2019-2025
Compressor control systems have become a central component in the processes of many industries, such as oil & gas, refining, petrochemical, power generation, metals & mining, fertilizers, and so on. In these processes, the profitability is dependent on the efficiency and functionality of compressor controls. Owing to the number of technological advancements, engineering excellence, and diverse industrial requirements, a variety of compressors and controllers have been developed. Companies undertake continuous R&D to manufacture improved compressor control products.
The application of compressor control systems is expected to increase across various industrial segments in the coming years. Moreover, manufacturers are focused on increasing the efficiency and the overall performance of their plants, which is further expected to escalate the demand for compressor control systems. They increase the pressure of the natural gas through heat and allow it to be transported from the production facility through the supply chain to end users. Compressors are widely used in the oil & gas industry in various core activities, starting from the initial treatment of crude oil/natural gas to transporting it through pipelines. Reciprocating and centrifugal compressors are most prevalent in the oil & gas industry.
The global Compressor Control System market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of 4.3% during 2019-2025.
This report focuses on Compressor Control System volume and value at global level, regional level and company level. From a global perspective, this report represents overall Compressor Control System market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Compressor Control System in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Compressor Control System manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
Report Sample includes:
– Table of Contents
– List of Tables & Figures
– Research Methodology
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The following manufacturers are covered:
- ABB Ltd.
- GE Electric Co.
- Rockwell Automation, Inc.
- Siemens AG
- Emerson Electric Co.
- Compressor Controls Corporation
- Schneider Electric SE
- John Wood Group PLC
- Ingersoll Rand PLC.
- Atlas Copco
Segment by Type
By Controlling Component
By Networking Component
- Gateways & Nodes
Segment by Application
- Oil & gas
- Power Generation
- Metals & Mining
- Water & Wastewater
- Others (Cement and Automotive)
Highlights of the Global Compressor Control System market report:
- A complete framework analysis, including an assessment of the parent market
- An empirical assessment of the trajectory of the market
- Market segmentation up to the second or third level
- Report and evaluation of recent industrial developments
- Major changes in market dynamics
- Emerging niche segments and regional markets
- Historical, present, and prospective size of the market from the perspective of both value and volume
- Market shares and strategies of leading players
- Recommendations to companies to substantiate their foothold in the market
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