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Pulished Date April, 2021
ID: 11436
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Shale Gas Equipment Market by Type (compressors and pumps, electrical machinery, heat exchangers, internal combustion engines, measuring and controlling devices, others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2026.

Pulished: April, 2021
ID: 11436
Pages: 175

Shale Gas Equipment Market Size, Trends & Growth (2021 - 2026)

Shale gas equipment is used for the purpose of treating shale gas prior to transportation. The gas is transported through pipelines. For shale gas to be usable, certain components such as CO2, H2S, N2, heavy hydrocarbons, and water must be removed, which is done by treating the gas to meet safety, environmental, pipeline, and quality specifications.

The global market for shale gas equipment is expected to grow rapidly during the forecast period due to increased natural gas exploration and development initiatives. The rapidly growing demand for energy has led energy companies to intensify their efforts to explore unconventional fuel reserves. Tremendous neglected offbeat stores have incited governments, just as energy organizations, to expand their interests in investigation and creation activities.

Recent Developments:

  • Experts from Linde Engineering will present LNG solutions at the Gas Natural Power-Gen Conference & Expo, which will take place August 23-25 ​​in Columbus.
  • Exterran signed an agreement with Woodford Express, a subsidiary of Xplorer Midstream, for a major natural gas processing project that will provide a natural gas processing capacity of 210 million cubic feet/day (MMcf / d), the companies announced this week.
  • HORIBA procures Cameron's line of cycle investigation items, showing its obligation to building up the future center business of our Process and Environment fragment exercises. This improvement assumes a critical part in our drawn-out system and proactively reacts too quickly changing requests in the energy area, which are generally determined by shale oil and gas.

Drivers and Restraints of Shale Gas Equipment Market:

Drivers: 

The continuous expansion sought after for shale gas is required to speed up the requirement for speculation and investigation exercises. This has driven the requirement for shale gas handling gear and shale gas preparing the foundation. The speed increase in energy requests has driven numerous organizations to build their investigation exercises for capricious fuel stores to satisfy the solid need for energy. Properties, for example, higher calorific worth and lower fossil fuel byproducts contrasted with other traditional fuel sources; for example, oil and coal, are relied upon to additionally animate the market.

Restraints:

Strict hydraulic fracturing environmental policies and regulations implemented by governments to protect public interests, along with fluctuating natural gas prices, are expected to hamper the market for shale gas processing equipment. The hydraulic fracturing process consumes a large amount of water for shale gas production due to the scarcity and contamination of groundwater throughout the world. This, in turn, is expected to retard the growth of the shale gas equipment market.

Shale Gas Equipment Market Segmentation:

By Type

  • Compressors & Pumps
  • Electrical Machinery
  • Heat Exchangers
  • Internal Combustion Engines
  • Measuring & Controlling Devices
  • Others

The compressors and pumps segment accounted for the largest market share in 2018 and is expected to be the largest segment at the end of the forecast period. The demand for compressors is seen primarily in the United States as it is the largest market for shale gas equipment. Gas processing capacity has grown at most plants located in the United States due to increased production of shale gas. As a result, the demand for compressors is increasing in the United States.

Shale Gas Equipment Market Region wise analysis:

Marked Segmentation based on the region:

  1. North America
    1. U.S
    2. Canada

North America is relied upon to be one of the biggest market holders in the shale gas handling equipment market. The United States overwhelms the market in North America as it is the center point for shale gas preparing gear because of the bountiful investigation of shale holds. Innovative headways and financially savvy penetrating methods, alongside great unofficial laws, are required to drive the for shale gas equipment market in North America.

  1. Europe
    1. Norway
    2. Germany
    3. Sweden

Europe is expected to show growth in the shale gas equipment market during the forecast period, especially in Western Europe, but due to strict government environmental safety rules and regulations, this could slow the growth of the shale gas equipment market.

  1. Asia Pacific
    1. China
    2. India
    3. Japan

Increased exploration activities and strict government policies to reduce oil consumption and increase natural gas consumption are expected to boost the market for shale gas equipment in the Asia-Pacific region. Developing regions such as India, China, Brazil and South Africa are expected to create opportunities for the shale gas equipment market during the forecast period, but lower water availability for the hydraulic fracturing process in some areas could hamper the growth of shale gas equipment market.

  1. Latin America
    1. Brazil
    2. Mexico
    3. Argentina
  2. Middle East and Africa

a. Middle East

b. Africa

Key Players of Market:

The key market players that are involved in the shale gas processing equipment market include Honeywell UOP, Linde Engineering, Newpoint Gas LP, Van Air Inc., Camaron, GasTech Engineering LLC, Pall Corporation, Exterran Corporation, and others.

IMPACT OF COVID-19 ON SHALE GAS EQUIPMENT MARKET:

The outbreak of the pandemic led to the disruption of manufacturing processes and supply chain management. At the same time, the industry experienced a shortage of raw materials. However, government agencies in various regions are now beginning to loosen regulation, and with that, the industry is expected to recover soon. The oil and gas industry is experiencing its third price collapse in 12 years. After the first two crashes, the industry recovered and the status quo continued. The current context combines a supply shock with an unprecedented drop in demand and a global humanitarian crisis. Furthermore, the financial and structural health of the sector is worse than in previous crises. The advent of shale, oversupply, and generous financial markets that neglected limited capital discipline contributed to poor profitability. Today, with prices reaching their lowest level in 30 years and mounting social pressure, leaders feel that change is inevitable. The COVID-19 crisis is accelerating what was already shaping up to be one of the industry's most transformative moments. While the depth and duration of this crisis are uncertain, our research suggests that without fundamental change, it will be difficult to return to the attractive industry performance that has always prevailed. At its current course and speed, the industry may now enter an era defined by intense competition, rapid technology-driven supply response, stable or declining demand, skepticism from investors, and increasing pressure from the public and the government regarding the impact on the climate and the environment. However, in most scenarios, oil and gas will remain a trillion-dollar market for decades. Given its role in providing affordable energy, it is too important to fail. So the question of how to create value in the next normal is critical. To change the current paradigm, the industry will need to dig deeper and build on its proud history of bold structural moves, innovation, and safe and profitable operations in the toughest conditions. The winners will be those who take advantage of this crisis to boldly reposition their portfolios and transform their operating models. Companies that will not inevitably restructure or atrophy.

1. Introduction                                                                                                                                

          1.1 Market Definition                                                                                                                      

          1.2 Study Deliverables                                                                                                                     

          1.3 Base Currency, Base Year and Forecast Periods                                                                                                                   

          1.4 General Study Assumptions                                                                                                                 

2. Research Methodology                                                                                                                          

          2.1 Introduction                                                                                                                    

          2.2 Research Phases                                                                                                                       

                    2.2.1 Secondary Research                                                                                                     

                    2.2.2 Primary Research                                                                                                         

                    2.2.3 Econometric Modelling                                                                                                           

                    2.2.4 Expert Validation                                                                                                         

          2.3 Analysis Design                                                                                                              

          2.4 Study Timeline                                                                                                                

3. Overview                                                                                                                          

          3.1 Executive Summary                                                                                                                   

          3.2 Key Inferences                                                                                                                

          3.3 Epidemology                                                                                                                   

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                                                                                              

          4.1 Market Drivers                                                                                                                

          4.2 Market Restraints                                                                                                                      

          4.3 Key Challenges                                                                                                               

          4.4 Current Opportunities in the Market                                                                                                              

5. Market Segmentation                                                                                                                            

          5.1 Type                                                                                                                    

                    5.1.1 Introduction                                                                                                       

                    5.1.2 Consumables                                                                                                     

                    5.1.3 Software                                                                                                            

                    5.1.4 Services                                                                                                             

                    5.1.5  Y-o-Y Growth Analysis, By Type                                                                                                      

                    5.1.6  Market Attractiveness Analysis, By Type                                                                                                     

                    5.1.7  Market Share Analysis, By Type                                                                                                       

6. Geographical Analysis                                                                                                                           

          6.1 Introduction                                                                                                                    

                    6.1.1 Regional Trends                                                                                                           

                    6.1.2 Impact Analysis                                                                                                            

                    6.1.3 Y-o-Y Growth Analysis                                                                                                           

                              6.1.3.1 By Geographical Area                                                                                                

                              6.1.3.2 By Type                                                                                                

                    6.1.4  Market Attractiveness Analysis                                                                                                         

                              6.1.4.1 By Geographical Area                                                                                                

                              6.1.4.2 By Type                                                                                                

                    6.1.5  Market Share Analysis                                                                                                           

                              6.1.5.1 By Geographical Area                                                                                                

                              6.1.5.2 By Type                                                                                                

          6.2 North America                                                                                                                

                    6.1.1 Introduction                                                                                                       

                    6.1.2 United States                                                                                                     

                    6.1.3 Canada                                                                                                             

          6.3 Europe                                                                                                                 

                    6.2.1 Introduction                                                                                                       

                    6.2.2 U.K                                                                                                         

                    6.2.3 Spain                                                                                                       

                    6.2.4 Germany                                                                                                            

                    6.2.5 Italy                                                                                                        

                    6.2.6 France                                                                                                     

          6.4 Asia-Pacific                                                                                                                    

                    6.3.1 Introduction                                                                                                       

                    6.3.2 China                                                                                                      

                    6.3.3 India                                                                                                       

                    6.3.4 Japan                                                                                                      

                    6.3.5 Australia                                                                                                            

                    6.3.6 South Korea                                                                                                       

          6.5 Latin America                                                                                                                 

                    6.4.1 Introduction                                                                                                       

                    6.4.2 Brazil                                                                                                       

                    6.4.3 Argentina                                                                                                          

                    6.4.4 Mexico                                                                                                    

                    6.4.5 Rest of Latin America                                                                                                             

          6.6 Middle East & Africa                                                                                                                  

                    6.5.1 Introduction                                                                                                       

                    6.5.2 Middle-East                                                                                                       

                    6.5.3 Africa                                                                                                      

7. Strategic Analysis                                                                                                                        

          7.1 PESTLE analysis                                                                                                               

                    7.1.1 Political                                                                                                             

                    7.1.2 Economic                                                                                                           

                    7.1.3 Social                                                                                                      

                    7.1.4 Technological                                                                                                     

                    7.1.5 Legal                                                                                                       

                    7.1.6 Environmental                                                                                                    

          7.2 Porter’s Five analysis                                                                                                                 

                    7.2.1 Bargaining Power of Suppliers                                                                                                           

                    7.2.2 Bargaining Power of Consumers                                                                                                        

                    7.2.3 Threat of New Entrants                                                                                                          

                    7.2.4 Threat of Substitute Products and Services                                                                                                            

                    7.2.5 Competitive Rivalry within the Industry                                                                                                       

8. Market Leaders' Analysis                                                                                                                                 

          8.1 Honeywell UOP                                                                                                               

                    8.1.1 Overview                                                                                                           

                    8.1.2 Product Analysis                                                                                                          

                    8.1.3 Financial analysis                                                                                                         

                    8.1.4 Recent Developments                                                                                                             

                    8.1.5 SWOT analysis                                                                                                             

                    8.1.6 Analyst View                                                                                                      

          8.2 Linde Engineering                                                                                                                     

          8.3 Newpoint Gas LP                                                                                                                      

          8.4 Van Air Inc.                                                                                                                    

          8.5 Camaron                                                                                                              

          8.6 GasTech Engineering LLC                                                                                                                    

          8.7 Celgene Corporation                                                                                                                 

          8.8 Pall Corporation                                                                                                              

          8.9 Exterran Corporation                                                                                                                 

9. Competitive Landscape                                                                                                                         

          9.1 Market share analysis                                                                                                                

          9.2 Merger and Acquisition Analysis                                                                                                                    

          9.3 Agreements, collaborations and Joint Ventures                                                                                                                  

          9.4 New Product Launches                                                                                                              

10. Market Outlook and Investment Opportunities                                                                                                                              

Appendix                                                                                                                             

          a) List of Tables                                                                                                                    

          b) List of Figures                                                                                                                   

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of by type, by application, by end-user, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Shale Gas Equipment Market By Region, From 2021-2026 ( USD Billion )
  2. Global Shale Gas Equipment Market By Type, From 2021-2026 ( USD Billion )
  3. Global Compressors & Pumps Market By Region, From 2021-2026 ( USD Billion )
  4. Global Electrical Machinery Market By Region, From 2021-2026 ( USD Billion )
  5. Global Heat Exchangers Market By Region, From 2021-2026 ( USD Billion )
  6. Global Internal Combustion Engines Market By Region, From 2021-2026 ( USD Billion )
  7. Global Measuring & Controlling Devices Market By Region, From 2021-2026 ( USD Billion )
  8. Global Others Market By Region, From 2021-2026 ( USD Billion )

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