Report Summary
Turboexpander is a machine, which continuously converts kinetic energy into mechanical energy. This is done by expanding the high pressure gas from upstream to a lower pressure downstream through the Expander. The high pressure gas causes the radial expander to rotate. Rotation is transmitted to the shaft, which is supported by a set of bearings. The power transmitted to the shaft can be used to drive a compressor, drive an electrical generator or can be dissipated through an oil brake or air brake.
Asia Pacific is estimated to be the largest turboexpander market between 2020 and 2023. As per the BP Statistical Review of World Energy 2017, natural gas production increased from 490.6 billion cubic meters in 2010 to 579.9 billion cubic meters in 2016 in Asia Pacific, indicating a positive growth curve of the turboexpander market in this region. Factors, such as increasing investments in natural gas production plants are driving the Asia Pacific market for turboexpanders during the forecasted period.
The global Turboexpander market was 530 million US$ in 2020 and is expected to 640 million US$ by the end of 2027, growing at a CAGR of 2.5% between 2021 and 2027.
This report studies the Turboexpander market size (value and volume) by players, regions, product types and end industries, history data 2017-2020 and forecast data 2020-2027; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Turboexpander in these regions, from 2017 to 2027, covering
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil etc.)
- Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
- Cryostar
- Atlas Copco
- GE oil & gas
- Air Products
- ACD
- L.A. Turbine
- Turbogaz
- Samsung
- RMG
- Hangyang Group
- SASPG
- HNEC
- Suzhou Xida
- Beifang Asp
- Jianyang Ruite
- Huayu
Turboexpander Market, By Product Type
Turboexpander Market, By Loading Device
- Compressor
- Generator
- Hydraulic/Oil-brake
Turboexpander Market, By Power Capacity
- Less than 1 MW
- 1MW - 4 MW
- 5MW - 9MW
- 10MW - 19MW
- 20MW - 24 MW
- 25 MW - 40 MW
- Above 40 MW
Turboexpander Market, By Application
- Air Separation
- Oil & Gas Processing
- Cryogenic Application
- Others
Turboexpander Market, By End-use
- Oil & Gas
- Energy & Power
- Chemical & Petrochemicals
- Others
We can also provide the customized separate regional or country-level reports, for the following regions:
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
- Singapore
- Malaysia
- Philippines
- Thailand
- Vietnam
- Rest of Asia-Pacific
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Rest of Europe
- Central & South America
- Brazil
- Rest of Central & South America
- Middle East & Africa
- GCC Countries
- Turkey
- Egypt
- South Africa
- Rest of Middle East & Africa
The study objectives of this report are:
- To study and analyze the global Turboexpander market size (value & volume) by company, key regions/countries, products and application, history data from 2017 to 2020, and forecast to 2027.
- To understand the structure of Turboexpander market by identifying its various subsegments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global Turboexpander manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Turboexpander with respect to individual growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of Turboexpander submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Turboexpander are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2020
Forecast Year 2021 to 2027
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Turboexpander market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
- Key Stakeholders
- Raw material suppliers
- Distributors/traders/wholesalers/suppliers
- Regulatory bodies, including government agencies and NGO
- Commercial research & development (R&D) institutions
- Importers and exporters
- Government organizations, research organizations, and consulting firms
- Trade associations and industry bodies
- End-use industries
Available Customizations
With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Turboexpander market on basis of the key contributing countries. Detailed analysis and profiling of additional market players.
Table Of Contents
Table of Contents
1 Turboexpander Market Overview
1.1 Turboexpander Product Overview
1.2 Turboexpander Market Segment by Type
1.2.1 Radial Turboexpander
1.2.2 Axial Turboexpander
1.2.3 Radial-Axial Turboexpander
1.3 Global Turboexpander Market Size by Type
1.3.1 Global Turboexpander Sales and Growth by Type
1.3.2 Global Turboexpander Sales and Market Share by Type (2017-2020)
1.3.3 Global Turboexpander Revenue and Market Share by Type (2017-2020)
1.3.4 Global Turboexpander Price by Type (2017-2020)
2 Global Turboexpander Market Competition by Company
2.1 Global Turboexpander Sales and Market Share by Company (2017-2020)
2.2 Global Turboexpander Revenue and Share by Company (2017-2020)
2.3 Global Turboexpander Price by Company (2017-2020)
2.4 Global Top Players Turboexpander Manufacturing Base Distribution, Sales Area, Product Types
2.5 Turboexpander Market Competitive Situation and Trends
2.5.1 Turboexpander Market Concentration Rate
2.5.2 Global Turboexpander Market Share of Top 5 and Top 10 Players
2.5.3 Mergers & Acquisitions, Expansion
3 Turboexpander Company Profiles and Sales Data
3.1 Cryostar
3.1.1 Company Basic Information, Manufacturing Base and Competitors
3.1.2 Turboexpander Product Category, Application and Specification
3.1.3 Cryostar Turboexpander Sales, Revenue, Price and Gross Margin(2017-2020)
3.1.4 Main Business Overview
3.2 Atlas Copco
3.2.1 Company Basic Information, Manufacturing Base and Competitors
3.2.2 Turboexpander Product Category, Application and Specification
3.2.3 Atlas Copco Turboexpander Sales, Revenue, Price and Gross Margin(2017-2020)
3.2.4 Main Business Overview
3.3 GE oil & gas
3.3.1 Company Basic Information, Manufacturing Base and Competitors
3.3.2 Turboexpander Product Category, Application and Specification
3.3.3 GE oil & gas Turboexpander Sales, Revenue, Price and Gross Margin(2017-2020)
3.3.4 Main Business Overview
3.4 Air Products
3.4.1 Company Basic Information, Manufacturing Base and Competitors
3.4.2 Turboexpander Product Category, Application and Specification
3.4.3 Air Products Turboexpander Sales, Revenue, Price and Gross Margin(2017-2020)
3.4.4 Main Business Overview
3.5 ACD
3.5.1 Company Basic Information, Manufacturing Base and Competitors
3.5.2 Turboexpander Product Category, Application and Specification
3.5.3 ACD Turboexpander Sales, Revenue, Price and Gross Margin(2017-2020)
3.5.4 Main Business Overview
3.6 L.A. Turbine
3.6.1 Company Basic Information, Manufacturing Base and Competitors
3.6.2 Turboexpander Product Category, Application and Specification
3.6.3 L.A. Turbine Turboexpander Sales, Revenue, Price and Gross Margin(2017-2020)
3.6.4 Main Business Overview
3.7 Turbogaz
3.7.1 Company Basic Information, Manufacturing Base and Competitors
3.7.2 Turboexpander Product Category, Application and Specification
3.7.3 Turbogaz Turboexpander Sales, Revenue, Price and Gross Margin(2017-2020)
3.7.4 Main Business Overview
3.8 Samsung
3.8.1 Company Basic Information, Manufacturing Base and Competitors
3.8.2 Turboexpander Product Category, Application and Specification
3.8.3 Samsung Turboexpander Sales, Revenue, Price and Gross Margin(2017-2020)
3.8.4 Main Business Overview
3.9 RMG
3.9.1 Company Basic Information, Manufacturing Base and Competitors
3.9.2 Turboexpander Product Category, Application and Specification
3.9.3 RMG Turboexpander Sales, Revenue, Price and Gross Margin(2017-2020)
3.9.4 Main Business Overview
3.10 Hangyang Group
3.10.1 Company Basic Information, Manufacturing Base and Competitors
3.10.2 Turboexpander Product Category, Application and Specification
3.10.3 Hangyang Group Turboexpander Sales, Revenue, Price and Gross Margin(2017-2020)
3.10.4 Main Business Overview
3.11 SASPG
3.12 HNEC
3.13 Suzhou Xida
3.14 Beifang Asp
3.15 Jianyang Ruite
3.16 Huayu
4 Turboexpander Market Status and Outlook by Regions
4.1 Global Market Status and Outlook by Regions
4.1.1 Global Turboexpander Market Size and CAGR by Regions
4.1.2 North America
4.1.3 Asia-Pacific
4.1.4 Europe
4.1.5 South America
4.1.6 Middle East and Africa
4.2 Global Turboexpander Sales and Revenue by Regions
4.2.1 Global Turboexpander Sales and Market Share by Regions (2017-2020)
4.2.2 Global Turboexpander Revenue and Market Share by Regions (2017-2020)
4.2.3 Global Turboexpander Sales, Revenue, Price and Gross Margin (2017-2020)
4.3 North America Turboexpander Sales, Revenue, Price and Gross Margin
4.3.1 United States
4.3.2 Canada
4.3.3 Mexico
4.4 Europe Turboexpander Sales, Revenue, Price and Gross Margin
4.4.1 Germany
4.4.2 UK
4.4.3 France
4.4.4 Italy
4.4.5 Russia
4.4.6 Turkey
4.5 Asia-Pacific Turboexpander Sales, Revenue, Price and Gross Margin
4.5.1 China
4.5.2 Japan
4.5.3 Korea
4.5.4 Southeast Asia
4.5.4.1 Indonesia
4.5.4.2 Thailand
4.5.4.3 Malaysia
4.5.4.4 Philippines
4.5.4.5 Vietnam
4.5.5 India
4.5.6 Australia
4.6 South America Turboexpander Sales, Revenue, Price and Gross Margin
4.6.1 Brazil
4.7 Middle East and Africa Turboexpander Sales, Revenue, Price and Gross Margin
4.7.1 Egypt
4.7.2 GCC Countries
5 Turboexpander Application/End Users
5.1 Turboexpander Segment by Application
5.1.1 Liquefaction of Gases
5.1.2 Power Generation
5.2 Global Turboexpander Product Segment by Application
5.2.1 Global Turboexpander Sales by Application
5.2.2 Global Turboexpander Sales and Market Share by Application (2017-2020)
6 Global Turboexpander Market Forecast
6.1 Global Turboexpander Sales, Revenue Forecast (2021-2027)
6.1.1 Global Turboexpander Sales and Growth Rate Forecast (2021-2027)
6.1.1 Global Turboexpander Revenue and Growth Rate Forecast (2021-2027)
6.2 Global Turboexpander Forecast by Regions
6.2.1 North America Turboexpander Sales and Revenue Forecast (2021-2027)
6.2.2 Europe Turboexpander Sales and Revenue Forecast (2021-2027)
6.2.3 Asia-Pacific Turboexpander Sales and Revenue Forecast (2021-2027)
6.2.3.1 China
6.2.3.2 Japan
6.2.3.3 Korea
6.2.3.4 Southeast Asia
6.2.3.5 India
6.2.3.6 Australia
6.2.4 South America Turboexpander Sales and Revenue Forecast (2021-2027)
6.2.5 Middle East and Africa Turboexpander Sales and Revenue Forecast (2021-2027)
6.2.5.1 Egypt
6.2.5.2 GCC Countries
6.3 Turboexpander Forecast by Type
6.3.1 Global Turboexpander Sales and Revenue Forecast by Type (2021-2027)
6.3.2 Radial Turboexpander Gowth Forecast
6.3.3 Axial Turboexpander Gowth Forecast
6.4 Turboexpander Forecast by Application
6.4.1 Global Turboexpander Sales Forecast by Application (2021-2027)
6.4.2 Global Turboexpander Forecast in Liquefaction of Gases
6.4.3 Global Turboexpander Forecast in Power Generation
7 Turboexpander Upstream Raw Materials
7.1 Turboexpander Key Raw Materials
7.1.1 Key Raw Materials
7.1.2 Key Raw Materials Price
7.1.3 Raw Materials Key Suppliers
7.2 Manufacturing Cost Structure
7.2.1 Raw Materials
7.2.2 Labor Cost
7.2.3 Manufacturing Expenses
7.3 Turboexpander Industrial Chain Analysis
8 Marketing Strategy Analysis, Distributors
8.1 Marketing Channel
8.1.1 Direct Marketing
8.1.2 Indirect Marketing
8.1.3 Marketing Channel Development Trend
8.2 Distributors
8.3 Downstream Customers
9 Research Findings and Conclusion
Appendix
Methodology/Research Approach
Research Programs/Design
Market Size Estimation
Market Breakdown and Data Triangulation
Data Source
Secondary Sources
Primary Sources
Disclaimer
