Compressor Control System Market by Component, Application and Geography – Global Forecast to 2022


Posted January 19, 2017 by Shirley

Compressor Control System Market by Component, Application and Geography – Global Forecast to 2022 is a professional and in-depth study.

 
MRRS adds "Compressor Control System Market by Component (Controlling: (PLC and SCADA) & Networking), Application (Oil & Gas, Refining, Petrochemical, Power Generation, Metals & Mining, Water & Wastewater and Fertilizer), and Geography – Global Forecast to 2022" latest studies, published in January 2017. It is a professional and in-depth study.

The global compressor control systems market was estimated to be worth USD 4.60 billion in 2015 and is expected to reach USD 6.39 billion by 2022, at a CAGR of 4.7% between 2016 and 2022. The compressor control systems market is projected to grow rapidly due to advancements in technology and innovation. Major drivers for the compressor control systems market are increasing product quality specifications for critical industrial processes and large-scale application in industries such as oil & gas, refining, and petrochemical.

Applications in the fertilizers industry to experience highest growth during the forecast period
The compressor control systems market is segmented on the basis of applications such as oil & gas, refining, petrochemical, power generation, metals & mining, fertilizers, water & wastewater, and others. The increasing demand for food has led to a high investment in fertilizer factories; this in turn is expected to drive the compressor control systems market as fertilizer production plants commonly require large air compressors, nitrogen compressors, and syngas compressors.

Americas held the largest share of the compressor control systems market in 2015
The report gives an overview of the major geographic regions in the compressor control systems market such as the Americas, Europe, Asia-Pacific (APAC), and the Rest of the World (RoW). The Americas led the global compressor control systems market in 2015, driven by significant penetration of compressor control systems in various sectors and the presence of advanced infrastructure in the region. The Americas is expected to experience a high demand for compressor control systems as they are widely used in industries such as energy and mining, oil & gas, and water and wastewater treatment and air conditioning (HVAC) industries in this region.

The breakup of primaries conducted during the study is depicted below:
By Company type: Tier1 Companies: 50%, Tier 2 Companies: 33%, and Tier 3 Companies: 17%
By Designation: C-level: 34%, Director Level: 33%, and Others: 33%
By Region: Americas: 50%, Europe: 33%, and Asia-Pacific: 17%

The key players in the compressor control systems market are General Electric Co. (U.S.), Rockwell Automation, Inc. (U.S.), Schneider Electric (France), Siemens AG (Germany), Alstom (France), Mitsubishi Heavy Industries Ltd. (Japan), and ABB Limited (Switzerland).

Table Of Contents
1 INTRODUCTION 17
1.1 STUDY OBJECTIVES 17
1.2 MARKET DEFINITION 18
1.3 STUDY SCOPE 18
1.3.1 MARKETS COVERED 18
1.3.2 YEARS CONSIDERED FOR THE STUDY 21
1.4 CURRENCY & PRICING 21
1.5 LIMITATIONS 21
1.6 STAKEHOLDERS 21
2 RESEARCH METHODOLOGY 23
2.1.1 SECONDARY DATA 24
2.1.1.1 Key data from secondary sources 24
2.1.2 PRIMARY DATA 24
2.1.2.1 Breakdown of primaries 25
2.1.2.2 Key industry insights 25
2.1.2.3 Assumptions 26
2.2 MARKET SIZE ESTIMATION 26
2.2.1 BOTTOM-UP APPROACH 27
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 28
3 EXECUTIVE SUMMARY 30
4 PREMIUM INSIGHTS 35
4.1 ATTRACTIVE OPPORTUNITIES IN THE COMPRESSOR CONTROL SYSTEMS MARKET 35
4.2 OIL & GAS INDUSTRY HELD THE LARGEST SHARE IN 2015 36
4.3 THE COMPRESSOR CONTROL SYSTEMS MARKET IN APAC EXPECTED TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD 37
4.4 LIFE CYCLE ANALYSIS, BY REGION 38
5 MARKET OVERVIEW 39
5.1 INTRODUCTION 39
5.2 MARKET EVOLUTION 39
5.3 MARKET SEGMENTATION 41
5.3.1 BY COMPONENT 41
5.3.2 BY CONTROLLING COMPONENT 42
5.3.3 BY NETWORKING COMPONENT 42
5.3.4 BY APPLICATION 43
5.3.5 BY GEOGRAPHY 44
5.4 MARKETS DYNAMICS 45
...

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Last Updated January 19, 2017