In downstream applications, stricter environmental regulations and concerns on reducing emissions offer opportunities for low-emission electric drive systems. Electric drives also boost overall system efficiency, and are therefore used in processing applications like gas compression and pumping.
"In the upstream segment, reliability and the ability to optimize gas production are the critical factors of success," noted Sharma.
Analysis of the North American Drives Market for Natural Gas Applications is part of the Power Transmission Growth Partnership Service program. The research analyzes market dynamics, revenues, growth rates and various trends of upstream, midstream and downstream segments in natural gas applications. The analysis also evaluates trends in the low and medium voltage drives market and further breaks it down into product applications such as pump, compressor and fans.
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