Compressor Monitoring and Controls

This Market Research Study delivers current market analysis plus a five year market and technology forecast.  The study is available in multiple editions including worldwide, all regions, and most major countries. It provides a concise analysis of the compressor monitoring and controls market.  The scope of the research is primarily on the aftermarket/retrofit opportunity.

Compressor monitoring & controls are a critical part of optimizing the performance of compressors, which, in turn, are a critical component in the oil & gas, refining, and chemical industries, among others.  Growing demand for energy; increased focus on energy efficiency of compressors and other turbomachinery; increasing demand for products derived from chemical and petrochemical processes requiring compression, for use in manufacturing process, and many different products; and other economic factors are driving the demand for compression and thus increasing the demand for compressor monitoring & controls solutions.  

Software-as-a-Service – A New Trend in the Compressor Monitoring & Controls Market

The marketplace for compressors and their related monitoring and controls solutions is now evolving at a fast pace.  Demand for service-based compressor monitoring and controls is expected to outpace that of hardware and software-based products over the next five years as a growing number of operators and end users decide to outsource some or all of their compressor monitoring and controls.  This is typically known as Software-as-a-Service (SaaS) or Platform-as-a-Service (PaaS). SaaS is a model where the user buys a subscription-based license.  The software itself is hosted in the Cloud.

Compressor Monitoring and Controls Strategic Issues

Compressor Monitoring and ControlsIn 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.

Owner-operators and Users Could Delay Investment

One inhibitor of future growth would be the slowdown in investment among users to invest in upgrades to their legacy compressor monitoring & controls solutions simply because the existing system is “adequate enough” despite problems encountered.  ARC believes many users are not truly aware of the benefits that upgrading a compressor monitoring & controls solution could provide, and those benefits are quantifiable.  

Impact of COVID-19

The COVID-19 pandemic will undoubtedly have an effect on most industries. At present, it is hard to determine how this pandemic will impact the market growth. The COVID-19 pandemic has changed that picture radically in every region.  The global economy has already showed signs of substantially slowing down, and the risk has risen exponentially in terms of both likelihood and severity.
 

Compressor Monitoring and Controls Study Formats and Editions Available

This market study may be purchased as an Excel Workbook and/or as a concise, executive-level Market Analysis Report PDF File.  The Workbook has some unique features such as the ability to view data in local currency.  Regional studies include country and industry market data.  Country studies include market trends and industry data.  Studies and formats available are listed below:  

MIRA Workbook Market Analysis PDF
Worldwide (includes regional data) Yes Yes
North America (includes country data) Yes No
Latin America (includes country data) Yes No
Europe, Middle East, Africa (includes country data) Yes No
Asia (includes country data) Yes No
Country Profiles (includes Country Data) No Yes

Countries included in each region

Table of contents for these studies is shown in the following paragraphs.

Worldwide Research Focus Areas

Strategic Analysis

  • Major Trends
  • Regional Trends
  • Industry Trends
  • Strategies for Buyers and Suppliers

Competitive Analysis

  • Market Shares of the Leading Suppliers
  • Market Shares by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Market Shares by Revenue Category
    • Hardware
    • Software
    • Services
  • Market Shares by Primary Function
    • Control
    • Monitoring
  • Market Shares by Compressor Type
    • Axial
    • Centrifugal
    • Reciprocating
    • Rotary
  • Market Shares by Industry
    • Automotive
    • Chemical
    • Electric Power Generation
    • Food & Beverage
    • Metals
    • Mining
    • Oil & Gas
    • Pulp & Paper
    • Refining
    • Water & Wastewater
  • Market Shares by Horsepower
    • <50 HP
    • 50-300 HP
    • 301-1,000 HP
    • >1,000 HP
  • Market Shares by Medium
    • Gas
    • Air
  • Market Shares by Deployment Model
    • On Premise
    • Hosted
    • Cloud
  • Market Shares by Sales Channel
  • Market Shares by Customer Type

Market Forecasts and Histories

  • Total Shipments of Compressor Monitoring and Controls
  • Shipments by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Shipments by Revenue Category
    • Hardware
    • Software
    • Services
  • Shipments by Primary Function
    • Control
    • Monitoring
  • Shipments by Compressor Type
    • Axial
    • Centrifugal
    • Reciprocating
    • Rotary
  • Shipments by Industry
    • Automotive
    • Chemical
    • Electric Power Generation
    • Food & Beverage
    • Metals
    • Mining
    • Oil & Gas
    • Pulp & Paper
    • Refining
    • Water & Wastewater
  • Shipments by Horsepower
    • <50 HP
    • 50-300 HP
    • 301-1,000 HP
    • >1,000 HP
  • Shipments by Medium
    • Gas
    • Air
  • Shipments by Deployment Model
    • On Premise
    • Hosted
    • Cloud
  • Shipments by Sales Channel
  • Shipments by Customer Type

Industry Participants

The research identifies all relevant suppliers serving this market. 

Regional Research Focus Areas

Strategic Analysis

Competitive Analysis

  • Leading Suppliers in Region
  • Industry Shares in Region
  • Country Shares in Region
  • Leading Suppliers by Industry

Market Forecast & History 

  • Market Forecast and History by Country
  • Market Forecast and History by Industry

Leading Supplier Profiles

List of countries & currencies included in each region:
MIRA-Country.pdf

Country Research Focus Areas

Contact us for the countries available for this study.