Shale Gas Processing Equipment Market Forecast 2019 Share, Production, Revenue, Growth & Trend Forecast, 2019-2026

Allied Market Research recently published a report, titled, "Shale Gas Processing Equipment Market by Component (Compressors & Pumps, Electrical Machinery, Heat Exchangers, Internal Combustion Engines, Measuring & Controlling Devices, And Others): Global Opportunity Analysis and Industry Forecast, 2019-2026."

According to the report, the global shale gas processing equipment industry was estimated at $4.51 billion in 2018 and is expected to reach $13.56 billion by 2026, registering a CAGR of 14.8% during the forecast period.

As per the U.S. energy information administration, the global shale gas industry surpassed more than $200 billion revenue in 2018 and as per their estimates it is anticipated to generate more than $390 billion revenue by 2025. Shale gas and oil infrastructure and markets for their related products, more specifically, processing equipment, altogether are heading toward their growth expansion phase as whole.

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The U.S. is the largest shale gas market, and out of overall natural gas produced in the country, shale gas accounted for more than half of the market share

The U.S. reported shale gas production of over 37 billion cubic feet following Mexico and China at over 5 and 2.1 billion cubic feet respectively in 2015. As per the estimates of U.S. Energy Information Administration, the U.S. anticipated to produce over 80 billion cubic feet of shale gas by offering a scope to huge technological investment along with processing equipment manufacturing.

Key Findings of the Shale Gas Processing Equipment Market:
o The U.S. market for shale gas processing equipment is predicted to account for a share of over 70% market share by 2026
o Based on Component, compressors and pumps market segment is emerged as the global leader by acquiring 31% market share in 2018, and it is anticipated to be the largest market during the forecast period

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The major key players operating in the global shale gas processing equipment industry include Schlumberger Ltd, Sivalls, Inc, Van Air Systems, Croft Production Systems, Inc., Koch Industries, Inc., Pall Corporation, PEMCO, Burckhardt Compression AG, Gas Processing Equipment, and ATB Riva Calzoni S.p.A.

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