Air compressors supply compressed air or gas across various industries such as food and beverages, automotive, petrochemical, oil and gas, energy and mining, and the heating, ventilation and air conditioning (HVAC) industry among others. The efficiency of air compressors is critical since they run for long hours during their operation. Thus, industries utilising these compressors demand for air compressors with compression control technology. According to a new report from Transparency Market Research, oil and gas, petrochemical, and energy and mining are some of the key industries where use of compressor controller is prominent. The growth in these industries is expected to affect the air compressor controller market positively since these industries are the major consumers of compressor controllers. Moreover, the market for compressor controller retrofitting is also expected to increase as industry players are increasingly installing compressor control systems in their old compressors.
Key factors driving the 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 the oil and gas industry is another factor driving the demand for air compressor controllers. The application of air compressor controllers is expected to increase across various industrial segments in the coming years. Moreover, industry players look to increase the efficiency and overall performance of air compressors, which is further expected to escalate the demand for compressor controllers.
The global air compressor controller market is segmented by component, end use industries, and by geographic regions. The air compressor controller component market is further segmented into Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controller (PLC), drives, and others (actuators, motors, valves, etc). The air compressor controller market is further segmented into oil and gas, petrochemical, energy and mining, Heating, Ventilation and Air Conditioning (HVAC), and others (cement, processing industry, pharmaceuticals, etc.).
Some of the key manufacturers of compressor controllers include Siemens AG, GE Measurement & Control Solutions, Compressor Controls Corporation and Emerson Climate Technologies. 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.
Adapted from press release by Rosalie Starling
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/05062015/air-compressor-controller-market-903/