Compressor Control Systems Market: Oil & Gas Considered Vital for Compressor Control Sy
Compressor monitoring and various compressor system varieties like the air compressor controller are being adopted on a large-scale by the oil & gas and petrochemicals industries. The Compressor Control Systems Market is witnessing a massive investme
The Compressor Control Systems Market deals with the development, manufacture and distribution of the compressor control system as well as its various components like the compressor control panel, control air compressor, compressor system, etc. A control system works in tandem with a main unit to regulate systems.
Over the years, the Compressor Control Systems Market has managed to integrate a compressor control system into a home thermostat, a boiler and even alarge-scale industrial system which is used for controlling thousands of machines and processes. An air compressor control system is one such variety which monitors and regulates the behaviour of the compressor according to the application and the corresponding requirements.
Scope & Regional Forecast of the Compressor Control Systems Market
Compressor monitoring and various compressor system varieties like the air compressor controller are being adopted on a large-scale by the oil & gas and petrochemicals industries. The Compressor Control Systems Market is witnessing a massive investment in the power segments which is expected to drive up the compressor control panel demand.
But the main focus of the Compressor Control Systems Market will remain the oil & gas segment as the air compressor control system plays a vital role in the treatment and transportation of oil or natural gas by varying the pressure.
The Compressor Control Systems Market has been dominated by demand emanating from North America owing to more exploration activities taking place, as well as new initiatives for shale gas. The latter has led to a rise in demand for compressor monitoring systems. Asia-Pacific and Europe come in second and third with the former projected to exhibit the fastest growth due to a growing industrial infrastructure and favourable government initiatives.
Segmentations & Key Players Involved in the Compressor Control Systems Market
According to IndustryARC findings, the Compressor Control Systems Market can be broken down into various segmentations on the basis of –
Component: Controlling Component (PLC, Supervisory Control and Data Acquisition (SCADA), Transmitters, Valves and Others) and Networking Component (Switches, Gateways & Nodes and Others)
Application: Oil & Gas, Refining, Petrochemical, Power Generation, Metals &Mining, Fertilizers, Water & Wastewater and Others.
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Geographical Location: Europe, Asia-Pacific, North America and RoW (Rest of the World).
Some of the key players involved in the Compressor Control Systems Market according to IndustryARC are as follows:
Emerson Electric Co.
Compressor Controls Corporation
Schneider Electric SE
John Wood Group PLC
Ingersoll Rand PLC.
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Jan 16, 2017