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Integrated Gas System Market Analysis - Global Industry Size, Share, Trends and Forecast 2020 - 2027

Published : Dec 2020

Report ID: ARC2319

Pages : 190

Format : Integrated Gas System Market Analysis - Global Industry Size, Share, Trends and Forecast 2020 - 2027

Rapid industrialization across the globe, flourishing oil & gas industry and demand for advanced integrated gas systems in order to efficiently manage the gas flow is major factors expected to drive the growth of global integrated gas system market.

In addition, high government spending on development of smart healthcare systems and demand for solution that transfer of gas maintain high purity are among other factors expected to support the growth of integrated gas system market.

Moreover, increasing players spending on product development and focus on introduction of innovative products are factors expected to impact the growth of integrated gas system market.

In 2018, John Crane, a global leader in rotating equipment solutions launched gas seal technology in order to significantly lower operating costs and improve reliability. This product launch is expected to help the company to enhance the customer base.

Major players are highly focused on enhancing the customer base and increase the revenue share of the company this is expected to boost the growth of target market. Players through acquisition are focused on enhancing the business.

In 2019, Orbital Gas Systems Ltd a global operator in gas control and instrumentation solutions provider received orders for its GasPTi-F product from SAMSON AG, its global distribution partner, for use by a large industrial user of natural gas in Spain. This is expected to help the company to enhance and strengthen the business presence in Spain.

In 2019, the company received orders to supply GasPTi systems for deployment across multiple natural gas plants by one of the largest U.S.-based producers and transporters of energy. This is expected to strengthen its position in the US market.

In 2018, Ichor Holdings, Ltd. a leader in the design, engineering and manufacturing of critical fluid delivery subsystems acquired IAN Engineering Co., Ltd. This acquisition is expected to help the company to enhance the business and increase the revenue share in the market.

Furthermore, manufacturers are focused on lowering the operational cost, improve workability and lower the wastage of time and contamination in manufacturing process this is resulting in demand for integrated gas systems. Along with government of developing countries is focused on strengthening the manufacturing capabilities by encouraging the local production companies. These are among other factors expected to boost the growth of integrated gas system market.

However, factors such as lack of policies related to product standards and high cost of product are expected to hamper the growth of global integrated gas system market. In addition, fluctuating raw material prices is expected to challenge the growth of integrated gas system market.

Technological advancements by major players and increasing partnership between regional and international players are factors expected to create new opportunities for players operating in the integrated gas system market.

Segment Analysis by Region

The market in North America is expected to account for major revenue share in the global integrated gas system market due to increasing government spending on infrastructure development. In addition, high demand from various end use industries is expected to support the growth if regional market.

Moreover, presence of large number of players operating in country and introduction of innovative solutions is expected to support the growth of regional integrated gas system market.

Competitive Landscape      

The global market is high highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.

Report coverage

Market

 Global Integrated Gas System Market

Analysis Period

2016 – 2027

Base Year

2019

Forecast Data

2020 – 2027

Market Stratification

Content, Seal Type, Application, and Geography

Regional Scope

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Report Coverage

Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

Integrated Gas System Market Segment Analysis, 2019

The global integrated gas system market is segmented into content, seal type, and application. The content segment is bifurcated into air operated valve, manual valve, flow rate adjusting valve, and check valve. Among the content, the air operated valve segment is expected to account for moderate revenue share in the target segment. The application segment is divided into electronics industry, medical industry, mechanical industry, and semiconductor industry. Among the application, the electronics industry segment is expected to account for major revenue share in the global market.

The players profiled in the report are Fitok group, Carten controls, Integrated gas systems, Tk-fujikin, Sergas, Ichor systems, Orbital gas systems, Deif India Pvt Ltd, Pureron Japan Co. LTD, and CKD corporation.

Market Segmentation

Market By Content

Air operated valve

Manual valve

Flow rate adjusting valve

Check valve

Market By Seal Type

Face seal

W seal

C seal

Market By Application

Electronics industry

Medical industry

Mechanical Industry

Semiconductor industry

Market By Region

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa

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