About Industrial Gas Regulator
The increasing number of end-use industries such as energy generation, oil & gas, and chemical industries coupled with rapid technological advancements and product transformations in industrial gas regulators are the major factors driving the growth of the target market. In addition, government investment in the establishment of new oil & gas and energy generation facilities and maintenance are other factors fueling the growth of the target market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The competitive landscape is characterized by ongoing product innovation, strategic partnerships, and acquisitions aimed at expanding market presence and meeting evolving customer needs. As the demand for orthopedic casting tapes continues to grow, competition among market players is expected to intensify, driving further innovation and advancements in the field. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Industrial Gas Regulator market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Air Liquide (France), Emerson Electric (United States), The Linde Group (Ireland), Praxair Technology (United States), Air Products and Chemicals (United States), Cavagna Group (Italy), GCE Group (Sweden), Rotarex (Luxembourg), Honeywell Process Solutions (United States), Itron (United States) and Sensus (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Maxitrol (United Kingdom), Harris Products Group (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Industrial Gas Regulator market by Type (Single stage and Dual stage), Application (Oil & Gas, Chemical, Steel & Metal Processing, Pharmaceuticals, Food & Beverage and Others) and Region.
On the basis of geography, the market of Industrial Gas Regulator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Gas Type, the sub-segment i.e. Inert will boost the Industrial Gas Regulator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Brass will boost the Industrial Gas Regulator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Energy Industry and Growing Beverage Industry
Market Growth Drivers:
Expanding Industrial Infrastructure in the Middle East and Africa and Growing Demand From the Health Care Sector
Challenges:
High Cost of Gas Processing
Restraints:
Regulatory Restrictions and Stagnant Growth in the Middle East Oil & Gas Industry
Opportunities:
High Demand From Chemical Industry and High Demand in Automotive Industry
Market Leaders and their expansionary development strategies
In November 2021, Dresser Utility Solutions, a solutions provider for utility companies, and Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, have reached an agreement for the sale of Itron’s global gas regulator business and European commercial & industrial (C&I) gas metering business to Dresser Utility Solutions. The transaction is subject to customary closing conditions, including completion of European and country due processes with employee representative bodies, and is expected to close in the first half of 2022.
In June 2021, GCE Healthcare launched a new design for its latest high-pressure gas regulator. MediTec, a high-pressure regulator, is a brand-new innovative design blending extensive manufacturing expertise with professional medical knowledge.
Key Target Audience
Manufacturer, Distributor, Suppliers, Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.