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Air Compressor Controller Market Expected to Reach US$ 5.44 Bn by 2022|Transparency Market Research

Air Compressor Controller Market (Components: SCADA, PLC, Drives and Others (Actuators, Motors, Valves, etc); End-use Industry: Oil & gas, Petrochemical, Energy & Mining and Others (Cement, Processing Industry, Pharmaceuticals, etc)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2022
Published 15 September 2015
According to a new market report published by Transparency Market Research “Air Compressor Controller Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2022”, the market for air compressor controllers globally is forecast to reach US$ 5.44 Bn by 2022. Key factors driving the growth of global air compressor controller market include efficient compressor operation at lower costs, low maintenance of air compressor, rising adoption of variable-speed air compressor controllers, and after-market service and retrofitting of existing air compressor systems. The increase in demand from oil & gas industry is another factor driving the demand for air compressor controllers.
The global air compressor controller market was valued at US$ 3.45 Bn in 2014 and the market is forecast to grow at a CAGR of 5.8% from 2015 to 2022. Increasing adoption in oil & gas, energy & mining, and petrochemical industries where compressor controllers are used in production activities, is expected to drive the air compressor controller market. Moreover, extraction of natural gas resources from shale gas reserves is expected to surge the demand for compressor controllers and create potential opportunities for this market. 
Based on geographic regions, the air compressor controller market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. In terms of regional adoption, Middle East and Africa, and North America were the key contributors to the global air compressor controller market in 2014. The Middle East and African countries such as Saudi Arabia, Iraq, Nigeria, Libya and United Arab Emirates, are the largest contributors in terms of oil production to the global economy. The compression control requirement from these countries is high and thus, the demand for air compressor controller is high in these regions. In North America, air compressor controllers are primarily used in the oil & gas, energy & mining, pharmaceutical, and HVAC industries.
 
The air compressor controller market is moderately consolidated however; the impact of regional players is significant in the global market. Key manufacturers in this market are continuously striving to improve efficiency and reliability of air compressors. Some of the key manufacturers of compressor controllers include Siemens AG, GE Measurement & Control Solutions, Compressor Controls Corporation and Emerson Climate Technologies. These players are primarily involved in acquiring regional players manufacturing compressor control solutions. Besides offering air compressors with integrated control capabilities, these players also provide retrofitting solutions for already installed air compressors. Other significant players in the market include Schneider Electric SE, Gardner Denver, Inc., Rockwell Automation, Inc. Johnson Controls, Inc., Petrotech, Inc., Ingersoll Rand plc and FS-Elliot Co. Ltd. 
 
Browse the full Air Compressor Controller Market (Components: SCADA, PLC, Drives and Others (Actuators, Motors, Valves, etc); End-use Industry: Oil & gas, Petrochemical, Energy & Mining and Others (Cement, Processing Industry, Pharmaceuticals, etc)) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2022 report at http://www.transparencymarketresearch.com/ air-compressor-controller-market.html
 
This report analyzes the global air compressor controller market in terms of revenue (US$ Mn). The market has been segmented as follows:
 
Air Compressor Controller Market, by Component:
  • Supervisory Control and Data Acquisition (SCADA)
  • Programmable Logic Controller (PLC)
  • Drives
  • Others (Actuators, Motors, Valves, etc)
Air Compressor Controller Market, by End-use Industry:
  • Oil & gas
  • Petrochemical
  • Energy & Mining
  • Heating, Ventilation and Air Conditioning (HVAC)
  • Others (Cement, Processing Industry, Pharmaceuticals, etc.)
Air Compressor Controller Market, by Geography:
  • North America
    • U.S.
    • Rest of North America
  • Europe
    • EU7
    • CIS
    • Scandinavia
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • South Asia
    • Australasia
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)
    • GCC Countries
    • North Africa
    • South Africa
    • Rest of MEA
  • Latin America
    • Brazil
    • Rest of Latin America
About Us
 
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our highly experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. 
 
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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