DUBLIN--(BUSINESS WIRE)--The "Inert Gas Generator System (IGGS) Market by Type (Marine, Aviation, Industrial), Component (Aviation IGGS Component, Marine IGGS Component, Industrial IGGS component), End User (Aviation, Marine, Industrial), Fit & Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The Inert Gas Generator Systems (IGGS) Market is Projected to Grow from USD 746.7 Million in 2017 to USD 2121.0 Million By 2022, at a CAGR of 23.22%
The increasing demand for industrial-based onsite IGGS and for aircraft (commercial & military cargo) and marine cargo ships in emerging and developed economies are expected to drive the IGGS market. The increasing marine cargo vessel fleet offers a major opportunity for the manufacturers in the IGGS market. Adhering to safety standards set by government authorities is a major restraint for the IGGS manufacturers.
The Asia Pacific IGGS market is projected to grow at the highest CAGR during the forecast period, Asia Pacific also accounted for the largest share of the IGGS market in 2017. The growth in industries such as oil & gas, chemicals, metallurgical, and electronics in the Asia Pacific region, especially in China and India, is leading to an increasing demand for onsite installation of N2 generators, i.e., industrial-based IGGS in the region. The increasing demand for commercial aircraft and rise in commercial air travel are expected to increase the demand for aviation-based IGGS systems.
Major companies profiled in the IGGS market report include Honeywell (US), Parker Hannifin (US), Air Liquide (France), and Cobham (UK).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Inert Gas Generator Systems (IGGS) Market, By Type
7 Inert Gas Generator Systems (IGGS) Market, By Component
8 Inert Gas Generator Systems (IGGS) Market, By Fit
9 Inert Gas Generator Systems (IGGS) Market, By End User
10 Regional Analysis
11 Company Profiles
- Air Liquide
- Alfa Laval
- Coldharbour Marine
- Eaton Corporation
- Honeywell International
- Onsite Gas Systems
- Parker Hannifin Corporation
- Rank Analysis, 2017
For more information about this report visit https://www.researchandmarkets.com/research/rq5b9l/inert_gas?w=4