Global Compressor Control Systems Market 2017-2021

  • ID: 4240209
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Atlas Copco
  • Emerson Electric
  • General Electric
  • Honeywell
  • Ingersoll Rand
  • Rockwell Automation
  • MORE
About Compressor Control Systems

Compressor control systems are mainly used to control compressors and improve their efficiency. Hardware components used in compressors send signals and data to software applications, which help in controlling functionalities of compressors. Hardware components are extensively used as these act as the basic elements to support the functionalities of compressors and compressor control systems. The software considered in this report is not a dedicated system for compressor control systems. This software is used to control the overall functioning of an industrial facility. The number of units of software installed among end-users will be less as one software is sufficient to control the functions of the complete facility due to which the total number of software sold is expected to be lower.

The analysts forecast the global compressor control systems market to grow at a CAGR of 4.82% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global compressor control systems market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Compressor Control Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- General Electric
- Schneider Electric
- Siemens
- Woodward

Other prominent vendors
- Atlas Copco
- Ingersoll Rand
- Compressor Controls Corporation
- Emerson Electric
- Honeywell
- Rockwell Automation

Market drivers
- Multisystem interoperability functions of compressor control systems benefitting users.
- For a full, detailed list, view the full report

Market challenges
- Apprehensions among end-users in implementing compressor control systems.
- For a full, detailed list, view the full report

Market trends
- Application of IoT in compressor control systems.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Atlas Copco
  • Emerson Electric
  • General Electric
  • Honeywell
  • Ingersoll Rand
  • Rockwell Automation
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product type
  • Global compressor control systems market by product type
  • Global compressor control systems market by control elements
  • Global compressor control systems market by networking
PART 07: Market segmentation by end-user
  • Global compressor control systems market by end-user
  • Global compressor control systems market by process industries
  • Global compressor control systems market by discrete industries
PART 08: Geographical segmentation
  • Geographical segmentation of global compressor control systems market
  • Compressor control systems market in Americas
  • Compressor control systems market in APAC
  • Compressor control systems market in EMEA
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 11: Market trends
  • Use of data analytics to increase plant efficiency
  • Application of IoT in compressor control systems
  • Use of widescreen PLC-HMI devices
PART 12: Vendor landscape
  • Competitive landscape
  • Competition analysis
  • General Electric
  • Schneider Electric
  • Siemens
  • Woodward
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Market landscape
Exhibit 02: End-user industries considered
Exhibit 03: Global compressor control systems market 2016-2021 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global compressor control systems market by product type 2016 and 2021 (%)
Exhibit 06: Global compressor control systems market by control elements 2016-2017 ($ millions)
Exhibit 07: Products considered for control elements
Exhibit 08: Global compressor control systems market by networking 2016-2021 ($ millions)
Exhibit 09: Products considered under this segment
Exhibit 10: Global compressor control systems market by end-user 2016 and 2021 (%)
Exhibit 11: Use of compressors and compressor control systems among process industries
Exhibit 12: Use of compressors and compressor control systems among discrete industries
Exhibit 13: Global compressor control systems market in process industries 2016-2021 ($ millions)
Exhibit 14: Global compressor control systems market by discrete industries 2016-2017 ($ millions)
Exhibit 15: Geographical segmentation of global compressor control systems market 2016 and 2021 (%)
Exhibit 16: Compressor control systems market in Americas region 2016-2021 ($ millions)
Exhibit 17: Key investments in Americas
Exhibit 18: Compressor control systems market in APAC 2016-2021 ($ millions)
Exhibit 19: Key investments in APAC
Exhibit 20: Compressor control systems market in EMEA 2016-2021 ($ millions)
Exhibit 21: Key investments in EMEA
Exhibit 22: Impact of drivers
Exhibit 23: Impact of challenges
Exhibit 24: Prominent vendors
Exhibit 25: Other prominent vendors
Exhibit 26: General Electric: Business segments
Exhibit 27: General Electric: Products offered
Exhibit 28: Schneider Electric: Business segments
Exhibit 29: Schneider Electric: Products offered
Exhibit 30: Siemens: Business segments
Exhibit 31: Siemens: Products offered
Exhibit 32: Woodward: Business segments
Exhibit 33: Woodward: Products offered
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Atlas Copco
  • Emerson Electric
  • General Electric
  • Honeywell
  • Ingersoll Rand
  • Rockwell Automation
  • MORE
New Report Released: – Global Compressor Control Systems Market 2017-2021

The author of the report recognizes the following companies as the key players in the global compressor control systems market: General Electric, Schneider Electric, Siemens, and Woodward.

Other Prominent Vendors in the market are: Atlas Copco, Ingersoll Rand, Compressor Controls Corporation, Emerson Electric, Honeywell, and Rockwell Automation.

Commenting on the report, an analyst from the research team said: “One trend in market is use of data analytics to increase plant efficiency. Most of the components used in compressor control systems provide a feature for data logging. With the help of these data, strategic decisions can be taken. Smart meters and sensors help in transferring data to a server. The data are used by HMI and SCADA applications. These applications can be configured to send real-time data and to automatically update these data on the servers.”

According to the report, one driver in market is multisystem interoperability functions of compressor control systems benefitting users. Multisystem interoperability helps users in configuring systems. Users prefer products that support multisystem interoperability, as it reduces the cost of obtaining additional products. As a result, there is reduced installation cost. The IEC 61850 standard helps in minimizing separate wiring requirement for signaling devices and control switches. This standard relies on a single communication channel for all data sharing and is helpful in situations where there are multiple substations and all need to be connected. All of these devices can be integrated with the help of the Ethernet connection. The IEC standard and interoperability features will improve the efficiency of the plant and make the user operations much simpler.

Further, the report states that one challenges in market is apprehensions among end-users in implementing compressor control systems. Many of the end-users have installed only basic controls for their compressors. With the help of advanced compressor control systems, including controlling elements and networking, end-users can increase the efficiency of these compressors. There is a lack of awareness among end-users on how improving their control systems can benefit in saving time and cost of operation. Vendors of compressor control systems should focus more on their marketing strategy to educate prospective buyers on the benefits and advantages of implementing these systems. Below are some of the reasons why end-users are apprehensive on employing these systems.
Note: Product cover images may vary from those shown
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  • General Electric
  • Schneider Electric
  • Siemens
  • Woodward
  • Atlas Copco
  • Ingersoll Rand
  • Compressor Controls Corporation
  • Emerson Electric
  • Honeywell
  • Rockwell Automation
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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