NEWARK, Del, Aug. 24, 2022 (GLOBE NEWSWIRE) -- The global integrated gas system market is anticipated to reach a valuation of US$ 934.1 Mn in 2032 while exhibiting a healthy CAGR of 7.4% during the forecast period of 2022 to 2032. Driven by elevated demand from multiple end-use industries like oil and gas, chemical and petrochemicals, semiconductor, and many others, the integrated gas system will reach an estimated US$ 458.7 Mn by the end of 2022.
Expanding electronics and semiconductor industries will boost market prospects for integrated gas systems over the forecast period. The growing emphasis on the enhancement of gas supply systems by implementing ultra-high purity (UHP) gas systems for gas delivery applications in the semiconductor manufacturing process, will foster positive growth aspects for the integrated gas systems market. Efforts to expand the production and manufacturing capacities of the electronics industry giants like Intel and Samsung will also bolster the market growth.
The rapid adoption of Industry 4.0 in multiple industry verticals is expected to promote growth opportunities for integrated gas systems. With the emergence of the Internet of Things, advancements made in digital networking, as well as the extensive utilization of mechanical and electronic products in various sectors, the integrated gas system market, has been presented with an abundance of opportunities.
Get a Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-12709
In addition, the introduction of micro-gas chromatography architecture with the integration of advanced technology is predicted to further propel market growth for integrated gas systems over the projected period.
“Advances in the semiconductor sector coupled with constant product development by major market players is expected to boost the market growth of the integrated gas system during the forecast period,” says an FMI analyst.
Key Takeaways:
- Heightened application of Industry 4.0 in various industries to strengthen market possibilities.
- High initial investments may impede market growth for integrated gas systems.
- Integrated gas systems in the U.S. is expected to present considerable growth over the assessment period.
- The semiconductor sector is propelling the market growth in South Korea.
- By seal type, the W-seal segment is expected to account for 49.3% of the global market share.
- By application, the semiconductor segment will likely dominate the market.
Competitive Landscape
Fitok Group, Carten Controls, Tk-fujikin, Sergas, Ichor Systems, Orbital Gas Systems, Deif India Pvt Ltd, Pureron Japan Co. Ltd., CKD Corporation, Euro Gas Systems, and others are some of the major players in the integrated gas system market profiled in the full version of the report.
Major market players are concentrating on increasing investment in product development as well as expanding their overall geographic presence to gain a competitive edge. These businesses are also investing in research and development activities to aid product development.
Before Buying, Visit for Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-12709
Integrated Gas System Market Segmentation
By Valve Type:
- Pneumatic Valve
- Manual Valve
- Metering Valve
- Check Valve
By Application:
- Lithography
- Etching
- Chemical Vapor Deposition
- Photo Resist Coatings
- Oxidation
- Ionization
By Seal Type:
- W seal
- C seal
- Face Seal
More Insights into the Integrated Gas System Market Report
In its latest report, FMI offers an unbiased analysis of the global integrated gas system market, providing historical data from 2017 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented based on valve type (pneumatic valve, manual valve, metering valve, check valve), application (lithography, etching, chemical vapour deposition, photoresist coatings, oxidation, ionization), seal type (W seal, C seal, face seal), and region.
According to the latest FMI reports, based on region, the integrated gas system market in the United States is expected to exhibit impressive growth over the forecast period. The market in this region will likely hold 90% of the overall market share by the end of 2022. This growth is attributed to the massive semiconductor industry in the country. Increasing sales of the automotive sector, especially electric vehicles, will supplement this regional growth.
China’s integrated gas system market will experience substantial growth due to the advancing electronics sector of the country. China is anticipated to account for a market share of around 30% in East Asia during the projected period.
The integrated gas system market in South Korea is predicted to undergo elevated demand. This is owing to the application of integrated gas systems in the semiconductor and electronics sector.
Based on segmentation, by seal type, the W-seal is expected to account for 49.3% of the international market share. W-seals are gaining popularity due to their ability to ensure leak-proof handling of hazardous gases. Whereas, on the basis of application, the semiconductor sector and the lithography process are expected to lead the market over the projection period of 2022 to 2032.
Contact Sales for Further Assistance in Buying this Report@ https://www.futuremarketinsights.com/checkout/12709
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies
Explore FMI’s Extensive ongoing Coverage on Industrial Automation Domain
Air Flow Sensors Market Size: The global air flow sensors market size is anticipated to be evaluated at US$ 2,242 Mn in 2022 and is expected to reach US$ 3,140 Mn in 2032. The sales of air flow sensors are likely to grow at a CAGR of 3.4% in the forecast period.
Charging Nitrogen Gas Systems Market Sales: Charging nitrogen gas systems facilitate fast and cost effective topping up of gas pre-charge pressure in the diaphragm, piston accumulators and bladders. The charging nitrogen gas systems units are suitable for charging accumulators, pre charging and topping up stations of accumulators.
Combined Heat and Power (CHP) Systems Market Share: The global combined heat and power (CHP) systems market is anticipated to be valued at US$ 28,412.4 Million in 2022, forecast to grow at a CAGR of 4.7% to be valued at US$ 45,123.5 Million from 2022 to 2032. Growth is attributed to increasing demand for electricity and power.
Chassis Dynamometers Market Value: The global chassis dynamometers market is anticipated to be valued at US$ 196.4 Million in 2022, forecast to grow at a CAGR of 2.5% to be valued at US$ 250.9 Million from 2022 to 2032. Growth of the market is attributed to an increase in automation. During the historical period ranging from 2016-2021, the market experienced an upswing at a CAGR of 2%.
Ceramic Transducers Market Volume: The global ceramic transducers market is expected to be valued at US$ 1,636.5 Million in 2022, expected to reach US$ 3,945.9 Million by 2032. A CAGR worth 9.2% is expected for the market during the 2022-2032 forecast period.
High-Temperature Industrial Burner Market Trends: The global high-temperature industrial burner market size was valued at US$ 1.44 Bn in 2021 and is projected to grow at a CAGR of 3.9% from 2022 to 2032. It is set to reach a valuation of US$ 2.1 Bn by 2032.
Truck Mounted Cranes Market Forecast: The global truck mounted cranes market size is expected to reach US$ 3,769.7 Mn by 2032. It is set to exhibit growth at a CAGR of 4.5% between 2022 and 2032. Stiff boom models occupy over 67% of the global truck mounted cranes market.
Industrial Exhaust System Market Outlook: The global industrial exhaust system market is expected to accumulate US$ 4,378.1 Million in value by 2022-end. During the forecast period ranging from 2022 to 2032, a CAGR worth 4.7% has been projected for the market, with an expected closing value worth US$ 6,930.3 Million.
Cable Accessories Market Overview: Global Cable Accessories demand is anticipated to be valued at US$ 50,960.0 Million in 2022, forecast to grow at a CAGR of 6.1% to be valued at US$ 92,443.0 Million from 2022 to 2032. Growth is attributed to the growing use of polymeric insulation cable across the globe.
HVAC Blower And Fan Systems Market Analysis: The global HVAC blower and fan Systems market garnered a market value of US$ 2887.6 Million in 2022 and is expected to accumulate a market value of US$ 3976.3 Million by registering a CAGR of 3.3% in the forecast period 2022-2032.
About Us
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us
Future Market Insights Inc.
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware - 19713, USA
T: +1-845-579-5705
Report: https://www.futuremarketinsights.com/reports/integrated-gas-system-market
For Sales Enquiries: sales@futuremarketinsights.com
Browse all Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs
