U.S. Industrial Gas Regulator Market

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2. U.S. INDUSTRIAL GAS REGULATOR MARKET ANALYSIS U.S. Industrial Gas Regulator Market, By Application (Oil & Gas, Chemical , Steel & Metal Processing, Pharmaceutical, Food & Beverage, and Others) by Gas Type (Inert, Toxic and Corrosive), by Regulator Type (Single Stage and Dual Stage) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

3. Market Overview The U.S. industrial gas regulator market is estimated to account for US$ 2,613.7 MN in terms of value in 2019 and is expected to grow at a CAGR of 3.0 % over the forecasted period 2019-27. Market Dynamics Drivers • Rising demand for technologically advanced gas regulators is expected to drive growth of the U.S. industrial gas regulators market during the forecast period • Increasing demand for natural gas fuel-based equipment is expected to propel the U.S. industrial gas regulators market growth over the forecast period

4. Market Dynamics Restraints Strict regulatory policies involved in industrial gas regulators manufacturing are expected to hamper the U.S. industrial gas regulators market growth over the forecast period Vibrant political scenarios across the globe are expected to hinder the U.S. industrial gas regulators market growth over the forecast period

5. Market Opportunities • Growing demand from automotive industry is expected to present major growth opportunities • High demand from chemical sector can offer excellent business opportunities

6. Figure 1. Industrial Gas Regulator Market Opportunity

7. Figure 2. Industrial Gas Regulator Market Share

8. Market Trends Increasing oil & gas exploration activities High demand for brass regulators across the nation

9. Competitive Section • Key players operating in the U.S. industrial gas regulators market are GCE Group, Emerson Electric Co., Itron, Inc., The Linde Group, Rotarex S.A., Air Liquide S.A., Honeywell Process Solutions, Praxair Technology, Inc., Cavagna Group S.p.A, and Air Products and Chemicals Inc.

10. Few Recent Developments • Major companies in the market are focused on mergers and acquisitions, in order to enhance the market presence. For instance, in July 2019, Emerson Electric Co., a U.S.-based company, acquired Zedi Inc.’s software and automation business, in order to help oil and gas producers increase production and lower operating costs. • Key players in the market are involved in contracts and agreements, in order to gain a competitive edge in the market. For instance, in February 2017, Itron, Inc. entered into an agreement with Avangrid Inc. to supply electric and gas technology infrastructure upgrades for New York State Electric & Gas Corp. customers in Ithaca, N.Y.

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