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ARC Advisory Group’s new research reveals that the Compressor Monitoring & Controls market continues to grow, with the new generation of compressor controls solutions providing increased energy and operational efficiency. Compressor monitoring and controls solutions are seen as enabling users to reduce energy consumption of the compressor itself and in most cases the energy of any associated processes for which the compressor was being utilized to serve. Growth in natural gas demand and increasing investment in hydrogen infrastructure are also contributing to market growth.
In addition to providing a five-year market forecast, the Compressor Monitoring & Controls market research provides detailed quantitative current market data and addresses key strategic issues as follows.
Cost is one of the significant factors to be considered while opting for any compressor control system. The final cost of the control system will depend on several criteria such as the size of the building, number of compressors the company plans to control, and the type of monitoring features it chooses. A compressor control system can be either centralized or distributed.
One system is not more cost-effective than the other, and the total price depends on several factors, which is why it’s essential to choose a control system based on the requirement.
While choosing a compressor control system, users mostly consider the factors such as easy to operate and service. When it comes to maintenance, if the user is choosing between centralized and distributed systems, these differ in a few ways:
Users should consider working closely with suppliers during the installation and implementation phase of deploying the monitoring and control in order to learn about and better understand any potential operational or maintenance nuances. Users that lack the necessary in-house technical expertise or resources necessary to maximize the benefits of a compressor monitoring & controls solution may be advised to consider outsourcing some or all of the operational activities to a capable and proven third party, being careful to ensure that mechanisms are in place to secure their production and related operational data.
This market research may be purchased as a MIRA Service, an Excel Workbook, and/or as a Market Analysis Report (PDF). MIRA Services help unlock the full benefits of ARC’s market intelligence, making the data more actionable for you by adding qualitative context to our market data in an online environment unique to each customer. Regional editions include country and industry market data. Formats available are listed below:
MIRA Services | MIRA Workbook | Market Analysis PDF | |
Annual Subscription | Yes | No | No |
Worldwide (includes regional data) | Yes | Yes | Yes |
North America (includes regional data) | Yes | Yes | No |
Europe, Middle East, Africa (includes regional data) | Yes | Yes | No |
Asia (includes regional data) | Yes | Yes | No |
Latin America (includes regional data) | Yes | Yes | No |
Countries included in each region
Table of contents for each edition is shown below.
The research identifies all relevant suppliers serving this market.
For more information or to purchase the Compressor Monitoring and Controls Market Research, please contact us.
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