Wednesday, May 4th, 2016 - RnR Market Research

Gas Delivery Systems Segment to Remain Ahead Through 2021

 

The global industrial gas handling equipment market size will grow from USD 51.93billion in 2016 to reach USD 72.22 billion by 2021, at a projected CAGR of 6.82%. Increasing demand for industrial gases for diverse applications in metal fabrication, chemical, healthcare & medical, and oil & gas sectors is encouraging the growth of the industrial gas handling equipment market.

Complete report on global industrial gas handling equipment market spread across 182 pages, profiling 10 companies and supported with 84 tables and 32 figures is now available at http://www.rnrmarketresearch.com/gas-equipment-market-by-industrial-gas-atmospheric-hydrogen-acetylene-helium-type-gas-delivery-regulators-purifiers-filters-flow-devices-gas-generation-cryogenics-gas-detection-process-generation-st-to-2021-market-report.html .

The gas delivery systems formed the largest segment in the industrial gas handling equipment market in 2015. This segment is projected to hold the leading position through the forecast period. Due to its capability to provide efficient control over delivery pressure, purification, and distribution of gases, the equipment are widely used for the integrated handling of industrial gases from their sources to the-point of use. The types of gas delivery systems include gas cylinders, control panels, manifolds, switchovers, high pressure changeover systems, and protocol stations.

North America recorded the largest consumption of industrial gas handling equipment in 2015 and is projected to dominate the market during the forecast period whereas the market for industrial gas handling equipment in the Asia-Pacific region is projected to grow at the highest CAGR from 2016 to 2020. The growth of this market is attributed to the growing metal fabrication sector due to the increasing demand from automobiles and consumer appliances industries, development of new technologies and machineries in the healthcare & medical sector, rapid industrialization in the emerging Asia-Pacific region, and stringent government regulations regarding worker and environmental safety.

The various key industrial gas handling equipment companies profiled in the report such as Linde AG (Germany), Air Liquide S.A (France), Praxair Inc. (U.S.), Air Products And Chemicals, Inc. (U.S.), Iwatani Corporation(Japan), Colfax Corporation (U.S.), Itron, Inc. (U.S.), Messer Group GmbH (Germany), Matheson Tri-Gas, Inc. (U.S.) and GCE Holding AB (Sweden). Ask for a discount before order a copy of  Gas Equipment Market by Industrial Gas (Atmospheric, Hydrogen, Acetylene, Helium), Type (Gas delivery, Regulators, Purifiers & filters, Flow devices, Gas generation, Cryogenics, Gas detection), Process (Generation, Storage, Detection, Transportation) - Forecast to 2021 research report at http://www.rnrmarketresearch.com/contacts/discount?rname=538720 .

Primary interviews were conducted with a number of industry experts in order to collect data related to different aspects of the industrial gas handling equipment market. Primary sources include professionals such as opinion leaders, executives, vice presidents, and CEOs of companies in the industrial gas and related equipment industries. The following is the breakdown of primaries:

    By Company Type: Tier 1: 40%; Tier 2: 60%

    By Designation: Director Level: 60%; Manager Level: 40%

    By Region: North America: 60%; Europe: 20%; RoW: 20%

On a related note, another research on Turbines Market Forecast and Trends to 2020 says, the market is expected to reach USD 19.6 billion by 2020, at a CAGR of 3.9% during the forecast period. Increasing demand for electric power worldwide and subsequent investments in creating new generating capacity is driving the gas turbines market across the world. Heavy duty (frame) type gas turbines dominate the global market. The Asia-Pacific region is currently the largest market for gas turbines, followed by Europe and North America. Companies like General Electric Company (U.S.), Siemens AG (Germany), Mitsubishi Hitachi Power Systems, Ltd. (Japan), and Alstom S.A. (France) have been profiled in this 148 pages research report available at  http://www.rnrmarketresearch.com/gas-turbines-market-by-design-type-heavy-duty-aeroderivative-rated-capacity-1-40-mw40-120-mw120-300-mw-above-300-mw-application-oil-gas-power-other-technology-open-cycle-combined-cycle-and-region-forecast-and-trends-to-2020-market-report.html .

About Us:  

RnRMarketResearch.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

Contact Profile

RnR Market Research


About Us:  

RnRMarketResearch.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

Connect with Us: 

G+ / Google Plus: https://plus.google.com/104156468549256253075/posts

Twitter: https://twitter.com/RnRMR

Facebook: https://www.facebook.com/pages/RnR-Market-Research/413488545356345

RSS / Feeds: http://www.rnrmarketresearch.com/feed


Ritesh Tiwari
P: + 1 888 391 5441
W: www.rnrmarketresearch.com/

Keywords

Gas Equipment Market

Categories

Newsrooms

Sharing

More Formats