Shale Gas Processing Equipment Market worth $5,769.9 Million by 2019, According to a New Study on ASDReports

Wednesday 17 September 2014, Amsterdam

The new report, now available on ASDReports,  “Shale Gas Processing Equipment Market by Component (Compressors & Pumps, Electrical Machinery, Heat Exchangers, Internal Combustion Engines, and Measuring & Controlling Devices) & by Geography (North America & RoW) - Global Trends and forecasts to 2019”, defines and segments the global shale gas processing equipment market with analysis and forecast of the global market share. The shale gas processing market is estimated to grow from $2,710.4 million in 2014 to nearly $5,769.9 million by 2019, at a CAGR of over 16%.

The increase in demand for shale gas drives the need for exploration activities and investments. This increases the need for shale gas processing infrastructure, which further leads to the demand of shale gas processing equipment.

North America is the largest market in the shale gas processing equipment market, in terms of value.The North American market has been the most influential market in the U.S., as it is the epicenter of shale gas processing equipment demand given the abundant shale reserves exploration. According to 12th five year plan of government of China,the country is anticipated to have an exponential growth in shale gas production activities. This, in turn,will drive the shale gas processing equipment demand, and hence it is projected to surpass the North American shale gas processing equipment market by 2019.

The report analyzes and projects the shale gas processing equipment market, by components and geography. The shale gas processing equipment market, by component type, includes Compressors & Pumps, Internal Combustion Engine, Heat Exchangers, Electrical Machinery, and Measuring & Controlling Devices. By geography, the report includes North America and RoW. The U.S. market has been further broken down by shale type (Antrim, Bakken, Barnett, Eagle Ford, Fayetteville, Haynesville, Marcellus, and Woodford),and the each shale type has been analyzed by component.

This report also includes market share, and value-chain analysis, Porter's Five Force Analysis, and market metrics such as drivers, restraints, burning issues, winning imperative, and opportunities. In addition, it presents a competitive landscape and company profiles of 10 players in the market,including major companies manufacturing shale gas processing equipment.