Compressor Control System Market (Controlling Component & Application) worth $5.05 Billion by 2020

DALLAS - March 3, 2015 - PRLog -- According to the new market research report "Compressor Control System Market by Controlling Component (PLC and SCADA), Application (Oil & Gas, Refining, Petrochemical, Power Generation, Metal & Mining, and Fertilizer), & Geography - Analysis & Forecast to 2014 - 2020", the compressor control system market is expected to reach up to $5.05 Billion by 2020, at a CAGR of 6.37% between 2014 and 2020, which includes an in-depth analysis of the controlling components, applications, and geography.

Browse 70 market data tables and 129 figures spread through 190 pages and in-depth TOC on “Compressor Control System Market - Analysis & Forecast to 2014 - 2020”.
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The compressor control system market entails a great potential across various applications; however, the practice in industries such as oil & gas, refining, and petrochemical has been remarkable, and this is one of the prime drivers due to which the market is emerging globally. Some other applications, such as power generation, metals & mining, fertilizer, automobile, and cement, are also expected to act as a good prospective for the compressor control system market in the near future.

The report describes the market trends, drivers, restraints, challenges, and opportunities with respect to the compressor control system market and forecast the market till 2020. This global report gives a detailed view of the market across the four geographies, namely the Americas, Europe, Asia-Pacific, and RoW. Americas and Europe are the largest geographies in terms of market value. Asia-Pacific has been identified as the fastest growing region, with China leading its way, while RoW is also among the major regions that are helping in the growth of the compressor control system market. The report also profiles the most promising players in the compressor control system market.

The competitive landscape of the market presents a very interesting picture, where a large number of players have become a force to reckon with. The market is witnessing a large scale collaboration and partnership across the value chain with a number of tier-one players around the globe.

The major players in the compressor control system market include Siemens AG (Germany), GE Oil & Gas (U.S.), Dresser-Rand (U.S.), Rockwell Automation, Inc. (U.S.), Compressor Controls Corp. (U.S.), Emerson Electric Co. (U.S.), Honeywell International, Inc. (U.S.), Schneider Ltd. (U.K.), and Atlas Copco (Sweden), among others.

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