Shale gas processing equipment are in demand for processing the shale gas before it is transported. Furthermore, the gas is transported by intra state and inters state pipelines. North America currently occupies a greatest share in the market. Ongoing advancements in the shale gas processing equipment sector keep the future of the market bright.
Increasing cost of natural gas is driving the market worldwide. Furthermore, developments in drilling technology and upcoming pipeline projects for natural gas have also kept the prospects of the industry bright. Dramatic shift in energy strategy via GAS a transitional fuel has contributed to the growth of the shale gas processing equipment market. Concerns over contamination and water availability for shale fracturing have hampered the growth of the market to a greater extent. Adverse impact of stringent government policies on the gas exploration sector has further obstructed its progress. Growing shale gas infrastructure is expected to create greater opportunities.
The market is segmented based on components and geography. The components assessed during the study are controlling devices, compressors and pumps, engines, and measuring, electrical machinery, internal combustion and heat exchangers. Regions such as North America, Europe, AsiaPacific and LAMEA are expected to witness tremendous growth.
The key market players active in the world shale gas processing equipment market are Pall Corporation, Exterran, Linde Engineering, Johnson Controls, Newpoint Gas, LP, Membrane Technology & Research, Van Gas System and GasTech Engineering Corporation.
KEY BENEFITS FOR STAKEHOLDERS
- The market research report provides integrated information on the major drivers, restraints and opportunities influencing the industry growth during the forecast period.
- The study further drills down to produce data volume by components, end customers and demography.
- SWOT analysis of major brands, highlights weaknesses, strengths, opportunities and threats. The data proves effective for business owners planning on designing their marketing and branding strategies.
- Region wise business performance discussed in the market research report would be valuable for enterprises planning to explore new areas.
- The report not only examines the market dynamics but also takes a closer look at the growth rate and industrial chain structure.
- Study further weighs up on the prominent market players and their business strategies to maintain their position.
- Assessment of upstream and downstream market also forms an important part of the report.
SHALE GAS PROCESSING EQUIPMENT MARKET KEY SEGMENTS
Shale Gas Processing Equipment Market - By Component
- Controlling Devices
- Compressors and Pumps
- Engines and Measuring
- Electrical Machinery
- Internal Combustion
- Heat Exchangers.
Shale Gas Processing Equipment Market - By Geography
- North America
- Asia Pacific
- Pall Corporation
- Exterran, Linde Engineering
- Johnson Controls
- Newpoint Gas ,LP
- Membrane Technology & Research
- Van Gas System
- GasTech Engineering Corporation