What is Compressor Control Systems?
A compressor control system is useful for monitoring and controlling compressed air of machines. This compressor control systems set automatic parameters for loading and unloading of compressed air with ample amount of pressure. Some compressor control systems are equipped with advanced features such as soft start and automatic shutdown. They can be either centralized or distributed. The three most common compressors are the reciprocating, rotary screw and centrifugal. It is useful to adjust the speed of compressor motor. Compressed control systems provides control over energy consumption and it saves overall costs. Technological advancements leads improvements in compressor control systems. This improvement leads to provide customized applications which makes them more reliable, efficient, and environmentally friendly. The compressor control systems has major applications in power generation, petrochemicals, oil & gas, and refining industries. Thus, growing power generation and petrochemicals industries providing demand for compressor control system market. The use of compressor control systems in number of machineries has been increased. According to the United States Department of Energy, compressor control systems has more demand in industrial plants and it allows more than 50 % energy saving which also impacts on the overall costing of plat activities. Further, automobile and cement industries providing opportunities for the compressor control system market. Geographically, the market is dominated by economies such as North America and Europe. However, a rising number of new entrants from Asia-Pacific region has been created ample opportunities for the market.
The market study is broken down by Type (Configurable Control Solution, Custom Control Solutions and Compressor Safety Systems), by Application (Process Application and Discrete Application) and major geographies with country level break-up.
There are various companies are operating in the market to provides effective Compressor Control System for numerous industries. Increased demand for pressure controlling systems is impacting on the demand for compressor controlling systems in positive manner. Hence to grab the opportunity associated with the market, many new market players are entering to the market. The market leaders are investing on organic and non-organic strategic growth initiatives to become dominant in this industry.
Compressor Controls Corporation (United States), Rockwell Automation Inc. (United States), Honeywell International Inc. (United States), John Wood Group PLC (United Kingdom), Siemens AG (Germany), Atlas Copco AB (Sweden), Schneider Electric SE (France), Condor Pressure Control GmbH (Germany), FS-ELLIOTT CO., LLC (United States), Emerson(United States) and Ingersoll Rand. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are OEM Panels (United States) and Applied Control Engineering, Inc. (United States).
AdvanceMarketAnalytics has segmented the market of Global Compressor Control Systems market by Type, Application and Region.
On the basis of geography, the market of Compressor Control Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. Oil & gas will boost the Compressor Control Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Controlling Component will boost the Compressor Control Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 5th June 2020, Atlas Copco has acquired Ovity Air Comprimé. The company is specialized in the distribution of industrial air compressors and solutions for compressed air. This acquisition will create opportunities to further develop its presence in the area and grow its service offering in the north west of France.
In January 2021, Atlas Copco has launched new versions of its XAVS 238 and XATS 288 portable compressors with a 27 % smaller footprint. This unique size compressors is 20% lighter which offers ultimate flexibility for both transport and usage on site. Owing to this launched, company has expanded its innovative product portfolio.
- Advanced Monitoring and Integration of Features in Compressor Control Systems
- Advancements Associated With the Use of Iot in Compressor Control Systems
- Use of Widescreen PLC-HMI Devices
- Increased Need for the Automation to Monitor and Change Compressed Air Machine
- Demand for the Increased Efficiency, Integration, Advanced Monitoring, and Increased Efficiency in Industrial Applications
- Growing Demand from Number of Industries Such As Power Generation, Petrochemicals, Metals & Mining, Oil & Gas and Automobile
- Availability of Low Cost and Accurate Sensing Instruments for Manufacturing of Compressor Control Systems Impacting on the Market in Positive Manner
- Surging Demand for PLC Compressor Control Systems from Industries in Developing Nations
- Raised Demand for Natural Gas across the Globe in Creating Opportunity for Natural Gas Extraction from Shale Gas Basins
- Beneficial Impact of Compressor Control Systems on Energy Consumption and Useful To Optimize Machine Output
- Stringent Regulatory Compliances with the Compressor Control Systems
- Improper Functioning of the Compressor Control Systems Due to Unexpected Technical Reasons
- Unnecessary Noise in the Operation Time Produced By Compressor Control Systems
- Fluctuation in oil and gas prices
Key Target AudienceCompressor Control Systems Manufacturers, Compressor Control Systems International Traders, Compressor Control Systems Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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