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Inert gas generator (IGG) refers to machinery on board marine product tankers. Inert gas generators consist distinctively of a gas producer and a scrubbing system.
Market Analysis and Insights: Global Inert Gas Generator System (IGGS) Market
Due to the COVID-19 pandemic, the global Inert Gas Generator System (IGGS) market size is estimated to be worth US$ 895.8 million in 2022 and is forecast to a readjusted size of US$ 1758.7 million by 2028 with a CAGR of 11.9% during the review period. Fully considering the economic change by this health crisis, Flex Inert Gas Generator accounting for % of the Inert Gas Generator System (IGGS) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Crude Oil Tankers segment is altered to an % CAGR throughout this forecast period.
Asia Pacific accounted for the largest share of the IGGS market in 2017, followed by Europe and North America and Rest of World. China is estimated to be the leading market for IGGS in Asia Pacific in 2018. The reason for China’s dominance over the Asia Pacific IGGS market can be attributed to the country’s increasing development in industrial sector along with the increasing demand for shipping cargo vessels.
In terms of production side, this report researches the Inert Gas Generator System (IGGS) capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Inert Gas Generator System (IGGS) by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Inert Gas Generator System (IGGS) Scope and Segment
Inert Gas Generator System (IGGS) market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Inert Gas Generator System (IGGS) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Flex Inert Gas Generator
Dual Fuel Inert Gas Generator
Inert Gas Deck House Module
Segment by Application
Crude Oil Tankers
LPG Tankers
LNG Tankers
By Company
Honeywell
Cobham
Eaton
Parker Hannifin
Air Liquide
Onsite Gas Systems
Wartsila
Coldharbour Marine
Novair
Alfa Laval
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Market Analysis and Insights: Global Inert Gas Generator System (IGGS) Market
Due to the COVID-19 pandemic, the global Inert Gas Generator System (IGGS) market size is estimated to be worth US$ 895.8 million in 2022 and is forecast to a readjusted size of US$ 1758.7 million by 2028 with a CAGR of 11.9% during the review period. Fully considering the economic change by this health crisis, Flex Inert Gas Generator accounting for % of the Inert Gas Generator System (IGGS) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Crude Oil Tankers segment is altered to an % CAGR throughout this forecast period.
Asia Pacific accounted for the largest share of the IGGS market in 2017, followed by Europe and North America and Rest of World. China is estimated to be the leading market for IGGS in Asia Pacific in 2018. The reason for China’s dominance over the Asia Pacific IGGS market can be attributed to the country’s increasing development in industrial sector along with the increasing demand for shipping cargo vessels.
In terms of production side, this report researches the Inert Gas Generator System (IGGS) capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Inert Gas Generator System (IGGS) by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Inert Gas Generator System (IGGS) Scope and Segment
Inert Gas Generator System (IGGS) market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Inert Gas Generator System (IGGS) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Flex Inert Gas Generator
Dual Fuel Inert Gas Generator
Inert Gas Deck House Module
Segment by Application
Crude Oil Tankers
LPG Tankers
LNG Tankers
By Company
Honeywell
Cobham
Eaton
Parker Hannifin
Air Liquide
Onsite Gas Systems
Wartsila
Coldharbour Marine
Novair
Alfa Laval
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
