The global industrial gas regulator market size is predicted to hit over US$ 20.1 Bn by 2030, growing at a Compound annual growth rate (CAGR) of 4.1% over the forecast period 2021 to 2030.
Industrial gas regulators are devices used for monitoring and controlling the pressure of the gases utilized in various industrial processes and applications. These devices help in the successful management of the gas pressure needed for diverse industrial processes.
The COVID-19 pandemic has affected the growth projections of numerous businesses and sectors around the world. The industrial gas regulator market is no exception. The growing cases of COVID-19 transmission forced many countries to adopt stringent lockdown measures. These measures led to the closure of manufacturing facilities and production units. This aspect resulted in a decline in the production and demand of industrial gas regulators.
The ongoing research and development activities across the industrial gas regulator market will lead to novel advancements and technologies that will ease the functioning of the regulators, eventually resulting increasing the sales. The players in the industrial gas regulator market invest heavily in these activities to boost their revenues. The players also indulge in activities like mergers and acquisitions. These activities help in cementing the foothold of the players in the industrial gas regulator market.
Growth Factors
Rising demand for natural gas for power generation and operation of industrial units in various industries is projected to offer lucrative opportunities to the industrial gas regulators market. Governments of different countries globally are promoting the use of natural gas instead of conventional fossil fuel for the generation of power to reduce carbon emissions. Furthermore, growing demand for technologically advanced gas regulators is anticipated to build a new standard of products with high degree of operational ability, safety, and efficiency.
Stringent government safety regulations and guidelines across the globe for the manufacturing and processing sector is expected to be the major factor responsible for the increasing demand for industrial gas regulators globally. Furthermore, the utilization of various gases during R&D and processing requires specific gas regulators to prevent dangerous accidents, which have led to the enhanced demand for industrial gas regulators in the market.
Report Highlights
Key Players
Some of the major players in the global industrial gas regulator market are Emerson Electric Co., The Linde Group, Air Liquide S.A., Praxair Technology, Inc., Air Products and Chemicals Inc., GCE Holding AB, Cavagna Group S.p.A, Honeywell Process Solutions (HPS), Itron Inc., Rotarex, and PietroFiorentiniS.p.a.
Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2017 to 2019.
The analysts have provided a comprehensive analysis of the competitive landscape of the global industrial gas regulator market with the company market structure and market share analysis of the top players. The innovative trends and developments, mergers and acquisitions, product portfolio, and new product innovation expected to provide a dashboard view of the market, ultimately providing the readers accurate measure of the current market developments, business strategies, and key financials.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users) and other segments.
Market Segmentation
By Product
By Material
By Gas type
By Regulator type
By Application
By Geography
This report focuses on industrial gas regulator market includes crucial information on market share, market size, and growth rate for the forecast period 2021 to 2030 at the global level, regional level and company level. From a global perspective, this report represents overall industrial gas regulator market size by analyzing historical data and future prospect. The study highlights deep analysis on the major drivers of the market, restraints, and challenges to help the business owners, suppliers, and marketing personnel in planning effective strategies for the forecast period. This will help the business and manufacturers to lead the market and gain prominent position in future. The report also presents vital information through graphical representation on factors like table, charts, and statistics. The study includes drivers and restraints of the global industrial gas regulator market.
The research not only conducts forecasts in terms of value, but also evaluates the market on the basis of essential parameters, such as Year-on-Year (Y-o-Y) growth. This helps providers to recognize the future opportunities as well predictability of the market.
In order to understand and assess opportunities in this market, the report is categorically divided into five key sections on the basis of segments. The report analyzes the global market in terms of value (US$ dollers) and volume (Million Units).
The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Every segment is further sub-segmented into several sub-segmented that are deeply analyzed by experts to offer valuable information to the buyers and market players. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Regional Analysis
The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2017 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.
The report provides in-depth segment analysis of the global industrial gas regulator market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the industrial gas regulator market.
The report includes country-wise and region-wise market size for the period 2017-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2017-2030.
In this study, the years considered to estimate the market size of industrial gas regulator are as follows:
Research Methodology
The research methodology adopted by analysts for compiling the global industrial gas regulator market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.
During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.
For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global industrial gas regulator market.
The study objectives of this report are: