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 (OEM Fit, Retrofit), and Region - Global Forecast to 2022
“Increasing demand for onsite industrial Inert Gas Generation Systems (IGGS) and increasing number of aircraft (commercial & military cargo) & marine cargo ships in emerging economies are expected to drive the IGGS market”
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% during the forecast period. 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 marine IGGS segment is expected to witness the highest growth during the forecast period”
Based on type, the marine IGGS type segment is projected to grow at the highest CAGR during the forecast period. This growth is attributed to the increasing demand for marine IGGS systems as the fleet size for marine cargo ships is increasing. Under the new SOLEX Amendments, every cargo ship carrying inflammable cargo such as crude oil, crude products, or chemicals having Dead Weight Tonnage (dwt) more than 8,000 tons is required to be fitted with an inert gas generator system. This is one of the important factors driving the marine IGGS type segment market.
“The IGGS market is expected to witness the highest growth in the Asia Pacific region during the forecast period”
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.
Profile break-up of primary participants of the IGGS market report
Research Coverage:
This report provides detailed information and forecasts the IGGS market from 2017 to 2022. The IGGS market has been segmented on the basis of type, component, end user, fit, and region. Based on type, the marine IGGS type segment is projected to dominate the market during the forecast period.
Reasons to buy the report:
From an insight perspective, this research report has focused on various levels of analyses — industry analysis, industry & technology trends, market-share analysis of top players, and company profiles. These together comprise and discuss basic views on the competitive landscape; emerging and high-growth segments of the IGGS market; high-growth regions and countries, and their respective regulatory policies; government initiatives; and market drivers, restraints, and opportunities.
The report provides insights into the following pointers:
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% during the forecast period. 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 marine IGGS segment is expected to witness the highest growth during the forecast period”
Based on type, the marine IGGS type segment is projected to grow at the highest CAGR during the forecast period. This growth is attributed to the increasing demand for marine IGGS systems as the fleet size for marine cargo ships is increasing. Under the new SOLEX Amendments, every cargo ship carrying inflammable cargo such as crude oil, crude products, or chemicals having Dead Weight Tonnage (dwt) more than 8,000 tons is required to be fitted with an inert gas generator system. This is one of the important factors driving the marine IGGS type segment market.
“The IGGS market is expected to witness the highest growth in the Asia Pacific region during the forecast period”
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.
Profile break-up of primary participants of the IGGS market report
- By Company Type: Tier 1 – 35%, Tier 2 – 45% and Tier 3 – 20%
- By Designation: C level – 50%, Director level – 25%, Others – 25%
- By Region: North America – 45%, Europe – 20%, APAC – 30%, Rest of the World– 5%
Research Coverage:
This report provides detailed information and forecasts the IGGS market from 2017 to 2022. The IGGS market has been segmented on the basis of type, component, end user, fit, and region. Based on type, the marine IGGS type segment is projected to dominate the market during the forecast period.
Reasons to buy the report:
From an insight perspective, this research report has focused on various levels of analyses — industry analysis, industry & technology trends, market-share analysis of top players, and company profiles. These together comprise and discuss basic views on the competitive landscape; emerging and high-growth segments of the IGGS market; high-growth regions and countries, and their respective regulatory policies; government initiatives; and market drivers, restraints, and opportunities.
The report provides insights into the following pointers:
- Market Penetration: Comprehensive information on the IGGS market and products offered by the top 10 players in the IGGS market
- Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the IGGS market
- Market Development: Comprehensive information about lucrative markets - the report analyzes the markets for IGGS across regions
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the IGGS market
- Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities and vendor analysis of the leading players in the IGGS market
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 GEOGRAPHIC SCOPE
1.3.3 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY & PRICING
1.5 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary sources
2.1.2.2 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN & DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE IGGS MARKET
4.2 IGGS MARKET, BY TYPE
4.3 IGGS MARKET, BY COMPONENT
4.4 INDUSTRIAL END USER SEGMENT, BY SUBSEGMENT
4.5 IGGS MARKET, BY FIT
4.6 IGGS MARKET SHARE AND GROWTH ANALYSIS, BY COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Increasing commercial and military aircraft fleet
5.2.1.2 Mandatory installation of IGGS in cargo ships
5.2.2 RESTRAINTS
5.2.2.1 Existing long-term contracts with nitrogen gas suppliers
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing IGGS adoption in the industrial sector
5.2.4 CHALLENGES
5.2.4.1 Low efficiency of IGGS systems and strict safety standards
5.2.4.2 Proven capability of external industrial gas suppliers
5.3 FUTURE TRENDS
5.4 TECHNOLOGY TRENDS
5.4.1 CATALYTIC INERTING SYSTEMS FOR AIRCRAFT
6 INERT GAS GENERATOR SYSTEMS (IGGS) MARKET, BY TYPE
6.1 INTRODUCTION
6.2 INDUSTRIAL IGGS TYPE
6.3 AVIATION IGGS TYPE
6.4 MARINE IGGS TYPE
6.5 FLEX INERT SYSTEM
6.6 DUAL FUEL INERT GAS GENERATOR
6.7 INERT GAS GENERATOR
6.8 INERT GAS DECK HOUSE MODULE
7 INERT GAS GENERATOR SYSTEMS (IGGS) MARKET, BY COMPONENT
7.1 INTRODUCTION
7.2 INDUSTRIAL IGGS COMPONENT
7.2.1 AIR SEPARATION MODULE (ASM)
7.2.2 AIR COMPRESSOR
7.2.3 AFTER COOLER
7.2.4 SURGE TANK
7.2.5 OTHERS
7.3 AVIATION IGGS COMPONENT
7.3.1 AIR SEPARATION MODULE (ASM)
7.3.2 PRESSURE & TEMPERATURE CONTROLLER
7.3.3 FILTRATION CHAIN
7.3.4 OXYGEN SENSOR
7.4 MARINE IGGS COMPONENT
7.4.1 SCRUBBER
7.4.2 COMBUSTION CHAMBER
7.4.3 BURNER (MAIN & AUXILIARY)
7.4.4 FUEL/OIL PUMP
7.4.5 MONITORING DEVICE
7.4.6 FILTER (DEMISTER)
8 INERT GAS GENERATOR SYSTEMS (IGGS) MARKET, BY FIT
8.1 INTRODUCTION
8.2 OEM FIT
8.2.1 INDUSTRIAL
8.2.2 AVIATION
8.2.3 MARINE
8.3 RETROFIT
8.3.1 INDUSTRIAL
8.3.2 AVIATION
8.3.3 MARINE
9 INERT GAS GENERATOR SYSTEMS (IGGS) MARKET, BY END USER
9.1 INTRODUCTION
9.2 INDUSTRIAL
9.2.1 OIL & GAS INDUSTRY
9.2.2 METALLURGICAL INDUSTRY
9.2.3 CHEMICAL INDUSTRY
9.2.4 ELECTRONICS INDUSTRY
9.2.5 FOOD & BEVERAGES INDUSTRY
9.3 AVIATION
9.3.1 COMMERCIAL AIRCRAFT
9.3.1.1 Narrow body aircraft
9.3.1.2 Wide body aircraft
9.3.1.2.3 Very large aircraft
9.3.1.2.4 Business jets
9.3.1.2.5 Regional transport aircraft
9.3.1.2.6 Light aircraft
9.3.2 MILITARY AIRCRAFT
9.3.2.1 Rotary wing
9.3.2.2 Fixed wing
9.4 MARINE
9.4.1 OIL/CHEMICAL TANKERS
9.4.2 PRODUCT TANKERS
9.4.3 CRUDE OIL TANKERS
9.4.4 LPG TANKERS
9.4.5 LNG TANKERS
10 REGIONAL ANALYSIS
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 US
10.2.2 CANADA
10.3 EUROPE
10.3.1 UK
10.3.2 FRANCE
10.3.3 GERMANY
10.3.4 RUSSIA
10.3.5 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 CHINA
10.4.2 INDIA
10.4.3 JAPAN
10.4.4 REST OF ASIA PACIFIC
10.5 REST OF THE WORLD
10.5.1 REST OF THE WORLD
10.5.2 BRAZIL
10.5.3 MIDDLE EAST
11 COMPANY PROFILES
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 RANK ANALYSIS, 2017
11.2 HONEYWELL INTERNATIONAL
11.3 COBHAM
11.4 EATON CORPORATION
11.5 PARKER HANNIFIN CORPORATION
11.6 AIR LIQUIDE
11.7 ONSITE GAS SYSTEMS
11.8 WARTSILA
11.9 COLDHARBOUR MARINE
11.10 NOVAIR
11.11 ALFA LAVAL
*Details might not be captured in case of unlisted companies
12 APPENDIX
12.1 DISCUSSION GUIDE
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.3 INTRODUCING KS: REAL TIME MARKET INTELLIGENCE
12.4 AVAILABLE CUSTOMIZATIONS
12.5 RELATED REPORTS
12.6 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 GEOGRAPHIC SCOPE
1.3.3 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY & PRICING
1.5 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary sources
2.1.2.2 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN & DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THE IGGS MARKET
4.2 IGGS MARKET, BY TYPE
4.3 IGGS MARKET, BY COMPONENT
4.4 INDUSTRIAL END USER SEGMENT, BY SUBSEGMENT
4.5 IGGS MARKET, BY FIT
4.6 IGGS MARKET SHARE AND GROWTH ANALYSIS, BY COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Increasing commercial and military aircraft fleet
5.2.1.2 Mandatory installation of IGGS in cargo ships
5.2.2 RESTRAINTS
5.2.2.1 Existing long-term contracts with nitrogen gas suppliers
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing IGGS adoption in the industrial sector
5.2.4 CHALLENGES
5.2.4.1 Low efficiency of IGGS systems and strict safety standards
5.2.4.2 Proven capability of external industrial gas suppliers
5.3 FUTURE TRENDS
5.4 TECHNOLOGY TRENDS
5.4.1 CATALYTIC INERTING SYSTEMS FOR AIRCRAFT
6 INERT GAS GENERATOR SYSTEMS (IGGS) MARKET, BY TYPE
6.1 INTRODUCTION
6.2 INDUSTRIAL IGGS TYPE
6.3 AVIATION IGGS TYPE
6.4 MARINE IGGS TYPE
6.5 FLEX INERT SYSTEM
6.6 DUAL FUEL INERT GAS GENERATOR
6.7 INERT GAS GENERATOR
6.8 INERT GAS DECK HOUSE MODULE
7 INERT GAS GENERATOR SYSTEMS (IGGS) MARKET, BY COMPONENT
7.1 INTRODUCTION
7.2 INDUSTRIAL IGGS COMPONENT
7.2.1 AIR SEPARATION MODULE (ASM)
7.2.2 AIR COMPRESSOR
7.2.3 AFTER COOLER
7.2.4 SURGE TANK
7.2.5 OTHERS
7.3 AVIATION IGGS COMPONENT
7.3.1 AIR SEPARATION MODULE (ASM)
7.3.2 PRESSURE & TEMPERATURE CONTROLLER
7.3.3 FILTRATION CHAIN
7.3.4 OXYGEN SENSOR
7.4 MARINE IGGS COMPONENT
7.4.1 SCRUBBER
7.4.2 COMBUSTION CHAMBER
7.4.3 BURNER (MAIN & AUXILIARY)
7.4.4 FUEL/OIL PUMP
7.4.5 MONITORING DEVICE
7.4.6 FILTER (DEMISTER)
8 INERT GAS GENERATOR SYSTEMS (IGGS) MARKET, BY FIT
8.1 INTRODUCTION
8.2 OEM FIT
8.2.1 INDUSTRIAL
8.2.2 AVIATION
8.2.3 MARINE
8.3 RETROFIT
8.3.1 INDUSTRIAL
8.3.2 AVIATION
8.3.3 MARINE
9 INERT GAS GENERATOR SYSTEMS (IGGS) MARKET, BY END USER
9.1 INTRODUCTION
9.2 INDUSTRIAL
9.2.1 OIL & GAS INDUSTRY
9.2.2 METALLURGICAL INDUSTRY
9.2.3 CHEMICAL INDUSTRY
9.2.4 ELECTRONICS INDUSTRY
9.2.5 FOOD & BEVERAGES INDUSTRY
9.3 AVIATION
9.3.1 COMMERCIAL AIRCRAFT
9.3.1.1 Narrow body aircraft
9.3.1.2 Wide body aircraft
9.3.1.2.3 Very large aircraft
9.3.1.2.4 Business jets
9.3.1.2.5 Regional transport aircraft
9.3.1.2.6 Light aircraft
9.3.2 MILITARY AIRCRAFT
9.3.2.1 Rotary wing
9.3.2.2 Fixed wing
9.4 MARINE
9.4.1 OIL/CHEMICAL TANKERS
9.4.2 PRODUCT TANKERS
9.4.3 CRUDE OIL TANKERS
9.4.4 LPG TANKERS
9.4.5 LNG TANKERS
10 REGIONAL ANALYSIS
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 US
10.2.2 CANADA
10.3 EUROPE
10.3.1 UK
10.3.2 FRANCE
10.3.3 GERMANY
10.3.4 RUSSIA
10.3.5 REST OF EUROPE
10.4 ASIA PACIFIC
10.4.1 CHINA
10.4.2 INDIA
10.4.3 JAPAN
10.4.4 REST OF ASIA PACIFIC
10.5 REST OF THE WORLD
10.5.1 REST OF THE WORLD
10.5.2 BRAZIL
10.5.3 MIDDLE EAST
11 COMPANY PROFILES
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 RANK ANALYSIS, 2017
11.2 HONEYWELL INTERNATIONAL
11.3 COBHAM
11.4 EATON CORPORATION
11.5 PARKER HANNIFIN CORPORATION
11.6 AIR LIQUIDE
11.7 ONSITE GAS SYSTEMS
11.8 WARTSILA
11.9 COLDHARBOUR MARINE
11.10 NOVAIR
11.11 ALFA LAVAL
*Details might not be captured in case of unlisted companies
12 APPENDIX
12.1 DISCUSSION GUIDE
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.3 INTRODUCING KS: REAL TIME MARKET INTELLIGENCE
12.4 AVAILABLE CUSTOMIZATIONS
12.5 RELATED REPORTS
12.6 AUTHOR DETAILS
LIST OF TABLES
Table 1 IGGS MARKET, BY TYPE, 2015-2022 (USD MILLION)
Table 2 MARINE IGGS TYPE SEGMENT, BY SUBTYPE, 2015-2022 (USD MILLION)
Table 3 IGGS MARKET SIZE, BY COMPONENT, 2015-2022 (USD MILLION)
Table 4 INDUSTRIAL
Table 1 IGGS MARKET, BY TYPE, 2015-2022 (USD MILLION)
Table 2 MARINE IGGS TYPE SEGMENT, BY SUBTYPE, 2015-2022 (USD MILLION)
Table 3 IGGS MARKET SIZE, BY COMPONENT, 2015-2022 (USD MILLION)
Table 4 INDUSTRIAL
