According to a new market report published by Transparency Market Research “Air Compressor Controller Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2022”, the market for air compressor controllers globally is forecast to reach US$ 5.44 Bn by 2022. Key factors driving the growth of global air compressor controller market include efficient compressor operation at lower costs, low maintenance of air compressor, rising adoption of variable-speed air compressor controllers, and after-market service and retrofitting of existing air compressor systems. The increase in demand from oil & gas industry is another factor driving the demand for air compressor controllers.

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The global air compressor controller market was valued at US$ 3.45 Bn in 2014 and the market is forecast to grow at a CAGR of 5.8% from 2015 to 2022. Increasing adoption in oil & gas, energy & mining, and petrochemical industries where compressor controllers are used in production activities, is expected to drive the air compressor controller market. Moreover, extraction of natural gas resources from shale gas reserves is expected to surge the demand for compressor controllers and create potential opportunities for this market.

air-compressor-controller-market

Based on geographic regions, the air compressor controller market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. In terms of regional adoption, Middle East and Africa, and North America were the key contributors to the global air compressor controller market in 2014. The Middle East and African countries such as Saudi Arabia, Iraq, Nigeria, Libya and United Arab Emirates, are the largest contributors in terms of oil production to the global economy. The compression control requirement from these countries is high and thus, the demand for air compressor controller is high in these regions. In North America, air compressor controllers are primarily used in the oil & gas, energy & mining, pharmaceutical, and HVAC industries.

The air compressor controller market is moderately consolidated however; the impact of regional players is significant in the global market. Key manufacturers in this market are continuously striving to improve efficiency and reliability of air compressors. Some of the key manufacturers of compressor controllers include Siemens AG, GE Measurement & Control Solutions, Compressor Controls Corporation and Emerson Climate Technologies. These players are primarily involved in acquiring regional players manufacturing compressor control solutions. Besides offering air compressors with integrated control capabilities, these players also provide retrofitting solutions for already installed air compressors. Other significant players in the market include Schneider Electric SE, Gardner Denver, Inc., Rockwell Automation, Inc. Johnson Controls, Inc., Petrotech, Inc., Ingersoll Rand plc and FS-Elliot Co. Ltd.

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This report analyzes the global air compressor controller market in terms of revenue (US$ Mn). The market has been segmented as follows:

Air Compressor Controller Market, by Component:

Supervisory Control and Data Acquisition (SCADA)
Programmable Logic Controller (PLC)
Drives
Others (Actuators, Motors, Valves, etc)

Air Compressor Controller Market, by End-use Industry:

Oil & gas
Petrochemical
Energy & Mining
Heating, Ventilation and Air Conditioning (HVAC)
Others (Cement, Processing Industry, Pharmaceuticals, etc.)

Air Compressor Controller Market, by Geography:

North America
U.S.
Rest of North America

Europe
EU7
CIS
Scandinavia
Rest of Europe

Asia-Pacific
Japan
China
South Asia
Australasia
Rest of Asia Pacific

Middle East and Africa (MEA)
GCC Countries
North Africa
South Africa
Rest of MEA

Latin America
Brazil
Rest of Latin America

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