DUBLIN, May 17, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Compressor Control System Market by Component, Application, and Geography - Global Forecast to 2022" report to their offering.
The global compressor control system market is estimated to reach USD 6.39 Billion by 2022, at a CAGR of 4.7% between 2016 and 2022.
A tilt towards the non-oil and gas segments such as water & wastewater, metals & mining, and fertilizers would boost the demand for compressors. The introduction of new products in the global compressor control systems market is expected to contribute toward its growth in the years to come. The base year considered is 2015 and the market forecast provided is between 2016 and 2022. The compressor control system market is segmented based on application, component, and geography.
The market size forecast for compressor control systems was derived using top-down and bottom-up methods. In the bottom up approach, the market size, in terms of volume, for each type of compressor control systems was calculated with their average selling price and then each type was mapped with the applications in each industry. The summation of revenue of all the types and industries led to the overall market size. In the top-down approach, the top companies in the market are analyzed and their product portfolio is studied to arrive at the global market size of the compressor control system market. This overall market is analyzed by percentage contribution of individual segments. After arriving at the overall market size, the total market is split into several segments and subsegments which are then verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, Directors and executives.
In the process of determining and verifying the market size for several segments and subsegments gathered through the secondary research, extensive primary interviews were conducted with key opinion leaders. The break-up of the profiles of primary participants is given in the chart below:
The report provides the profiles of major companies in the comprmarket. The key players in the compressor control system market are General Electric Co. (U.S.), Schneider Electric (France), Siemens AG (Germany), Wood Group Plc (U.K.), Atlas Copco (Sweden), and Ingersoll Rand (Ireland).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Compressor Control Systems Market, By Component
8 Compressor Control Systems Market, By Application
9 Geographic Analysis
10 Competitive Landscape
11 Company Profiles
- Abb Ltd.
- Atlas Copco
- Compressor Controls Corporation
- Emerson Electric Co.
- Ge Electric Co.
- Ingersoll Rand Plc.
- John Wood Group Plc
- Rockwell Automation, Inc.
- Schneider Electric Se
- Siemens Ag
For more information visit http://www.researchandmarkets.com/research/qrhmh4/compressor
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SOURCE Research and Markets