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Boston, MA -- (SBWIRE) -- 08/27/2014 -- 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
This report estimates the shale gas processing equipment market, in terms of value. The value of this market is estimated in terms of $million and this has been broken down into geographical regions, and further split into processing components.
Shale gas processing equipment are required for processing shale gas before it can be transported by large diameter inter-state or intra-state pipelines for end-use. The increasing shale gas exploration and production activities across the globe are the key drivers for the growth of the shale gas processing equipment market. However, concerns associated with the shale gas exploration such as the ground water contamination by fracking operations will slightly affect growth in this market. However, with growing energy demand and proven domestic shale gas reserves, many countries are now trying to explore shale gas. These developments will result in the market witnessing a higher growth rate in the demand for shale gas processing equipment.
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We have used various secondary sources such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study. The primary sources-experts from industry and suppliers- have been interviewed for critical information as well as to assess the future prospects of the shale gas processing equipment market.
The North American market held the largest share in the global shale gas processing equipment demand in 2013. In North America, the U.S. is the largest market that is expected to continue its influence in the shale gas processing equipment industry. Within RoW, China is the leading player, given the exploration and production activities in its abundant shale reserves.
The shale gas processing equipment market is segmented into two regions, namely North America, and RoW. The shale gas processing equipment market is further segmented on the basis of major countries in each region.
The report also touches on various other important aspects of the market. It includes an analysis of the value-chain, Porter's Five Forces Analysis, the competitive landscape, and premium insights of the shale gas processing equipment market.
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