The global compressor control systems market was estimated to be worth $4.60 billion in 2015 and is expected to reach $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. Complete report on global compressor control system market spread across 204 pages, profiling 11 companies and supported with 100 tables and 96 figures is now available at http://www.rnrmarketresearch.com/compressor-control-system-market-by-controlling-component-plc-and-scada-application-oil-gas-refining-petrochemical-power-generation-metal-mining-and-fertilizer-geography-analysis-market-report.html .
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.
The 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 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). Priced at $4650 for a single user PDF, a discount on “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” research report can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=303577 .
On a related note, another research titled Emergency Shutdown System Market Global Trend and Forecast to 2022 says, the overall emergency shutdown (ESD) system market is expected to reach USD 1,816 million by 2022, at a CAGR of 9.1% between 2016 and 2022. The ESD system market for the power generation application is expected to grow at the highest CAGR. APAC is the fastest-growing market for ESD system. Companies like Rockwell Automation (U.S.), Schneider Electric SE (France), Emerson Electric Company (U.S.), Siemens AG (Germany), Honeywell International, ABB Ltd. (Switzerland), General Electric Company, Yokogawa Electric Corporation, OMRON Corporation, and HIMA Paul Hildebrandt GmbH (Germany) have been profiled in this 165 pages research report available at http://www.rnrmarketresearch.com/emergency-shutdown-system-market-by-components-switches-sensors-programmable-safety-systems-safety-valves-actuators-by-control-method-pneumatic-electrical-fiber-optic-radio-telemetry-by-application-and-st-to-2022-market-report.html .
Explore more reports on Electronics market at http://www.rnrmarketresearch.com/reports/information-technology-telecommunication/electronics .
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