Turboexpander - Global Market Outlook (2019-2027)

Turboexpander - Global Market Outlook (2019-2027)

According to Stratistics MRC, the Global Turboexpander Market is accounted for $327.84 million in 2019 and is expected to reach $611.77 million by 2027 growing at a CAGR of 8.1% during the forecast period. Increasing share of natural gas in primary energy consumption and increasing focus on energy efficiency are the major factors driving the market growth. However, high initial cost for smaller installations is restraining the market growth.

Turboexpander is a centrifugal or axial-flow turbine, through which high-pressure gas is expanded to produce work to drive a compressor or generator. It is a turbo machine designed to reduce the pressure and the temperature of the gases, increasing their volume to be able to liquefy them or to condense them, this device converts the energy of the gas pressure into useful work which is exploited in the form of work produced for generating power.

Based on end user, the oil & gas segment is likely to have a huge demand. Increased production of LNG and LPG are expected to be the major drivers boosting growth of the turboexpanders market in the oil & gas sector. By geography, Asia Pacific is going to have a lucrative growth during the forecast period. Factors, such as increasing investments in natural gas production plants are driving the Asia Pacific turboexpander market during the forecasted period.

Some of the key players profiled in the Turboexpander Market include Air Liquide, Air Products and Chemicals, Atlas Copco, Baker Hughes, Bhge, Chengdu Shenleng, Cryostar, Elliott Group, GE Energy, Hangzhou Hangyang, High-Speed, Honeywell, Kaifeng Air Separation, L.A. Turbine, Linde, R&D Dynamics Corporation, Siemens, Suzhou Xida, Turbogaz and UniEco.

Types Covered:
• Axial Turboexpander
• Radial Turboexpander
• Radial-Axial Turboexpander

Bearings Covered:
• Gas Bearing
• Magnetic Bearing
• Oil Bearing

Loading Devices Covered:
• Oil Break /Hydraulic Brake
• Generator (Electrical)
• Compressor(Centrifugal)

Sales Channels Covered:
• Aftermarket
• Manufacturer/Distributor/Service Provider

Applications Covered:
• Air Separation Turboexpanders
• Hydrocarbon Turboexpanders
• Liquefaction of Gases
• Natural Gas Pressure Letdown Stations
• Pharmaceutical Plants
• Other Applications

End Users Covered:
• Chemical & Petrochemical
• Heating, Ventilation, and Air Conditioning (HVAC)
• Industrial
• Manufacturing
• Oil & Gas
• Power Generation
• Refrigeration Systems
• Energy Recovery

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Turboexpander Market, By Type
5.1 Introduction
5.2 Axial Turboexpander
5.3 Radial Turboexpander
5.4 Radial-Axial Turboexpander
6 Global Turboexpander Market, By Bearing
6.1 Introduction
6.2 Gas Bearing
6.3 Magnetic Bearing
6.4 Oil Bearing
7 Global Turboexpander Market, By Loading Device
7.1 Introduction
7.2 Oil Break /Hydraulic Brake
7.3 Generator (Electrical)
7.4 Compressor (Centrifugal)
8 Global Turboexpander Market, By Sales Channel
8.1 Introduction
8.2 Aftermarket
8.3 Manufacturer/Distributor/Service Provider
9 Global Turboexpander Market, By Application
9.1 Introduction
9.2 Air Separation Turboexpanders
9.3 Hydrocarbon Turboexpanders
9.4 Liquefaction of Gases
9.5 Natural Gas Pressure Letdown Stations
9.6 Pharmaceutical Plants
9.7 Other Applications
9.7.1 Energy Generation from Waste Heat/ Gases
9.7.2 Geothermal
10 Global Turboexpander Market, By End User
10.1 Introduction
10.2 Chemical & Petrochemical
10.3 Heating, Ventilation, and Air Conditioning (HVAC)
10.4 Industrial
10.5 Manufacturing
10.6 Oil & Gas
10.7 Power Generation
10.8 Refrigeration Systems
10.9 Energy Recovery
11 Global Turboexpander Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Air Liquide
13.2 Air Products and Chemicals
13.3 Atlas Copco
13.4 Baker Hughes
13.5 Bhge
13.6 Chengdu Shenleng
13.7 Cryostar
13.8 Elliott Group
13.9 GE Energy
13.10 Hangzhou Hangyang
13.11 High-Speed
13.12 Honeywell
13.13 Kaifeng Air Separation
13.14 L.A. Turbine
13.15 Linde
13.16 R&D Dynamics Corporation
13.17 Siemens
13.18 Suzhou Xida
13.19 Turbogaz
13.20 UniEco
1 Executive Summary
Table 1 Global Turboexpander Market Outlook, By Region (2018-2027) ($MN)
Table 2 Global Turboexpander Market Outlook, By Type (2018-2027) ($MN)
Table 3 Global Turboexpander Market Outlook, By Axial Turboexpander (2018-2027) ($MN)
Table 4 Global Turboexpander Market Outlook, By Radial Turboexpander (2018-2027) ($MN)
Table 5 Global Turboexpander Market Outlook, By Radial-Axial Turboexpander (2018-2027) ($MN)
Table 6 Global Turboexpander Market Outlook, By Bearing (2018-2027) ($MN)
Table 7 Global Turboexpander Market Outlook, By Gas Bearing (2018-2027) ($MN)
Table 8 Global Turboexpander Market Outlook, By Magnetic Bearing (2018-2027) ($MN)
Table 9 Global Turboexpander Market Outlook, By Oil Bearing (2018-2027) ($MN)
Table 10 Global Turboexpander Market Outlook, By Loading Device (2018-2027) ($MN)
Table 11 Global Turboexpander Market Outlook, By Oil Break /Hydraulic Brake (2018-2027) ($MN)
Table 12 Global Turboexpander Market Outlook, By Generator (Electrical) (2018-2027) ($MN)
Table 13 Global Turboexpander Market Outlook, By Compressor (Centrifugal) (2018-2027) ($MN)
Table 14 Global Turboexpander Market Outlook, By Sales Channel (2018-2027) ($MN)
Table 15 Global Turboexpander Market Outlook, By Aftermarket (2018-2027) ($MN)
Table 16 Global Turboexpander Market Outlook, By Manufacturer/Distributor/Service Provider (2018-2027) ($MN)
Table 17 Global Turboexpander Market Outlook, By Application (2018-2027) ($MN)
Table 18 Global Turboexpander Market Outlook, By Air Separation Turboexpanders (2018-2027) ($MN)
Table 19 Global Turboexpander Market Outlook, By Hydrocarbon Turboexpanders (2018-2027) ($MN)
Table 20 Global Turboexpander Market Outlook, By Liquefaction of Gases (2018-2027) ($MN)
Table 21 Global Turboexpander Market Outlook, By Natural Gas Pressure Letdown Stations (2018-2027) ($MN)
Table 22 Global Turboexpander Market Outlook, By Pharmaceutical Plants (2018-2027) ($MN)
Table 23 Global Turboexpander Market Outlook, By Other Applications (2018-2027) ($MN)
Table 24 Global Turboexpander Market Outlook, By Energy Generation from Waste Heat/ Gases (2018-2027) ($MN)
Table 25 Global Turboexpander Market Outlook, By Geothermal (2018-2027) ($MN)
Table 26 Global Turboexpander Market Outlook, By End User (2018-2027) ($MN)
Table 27 Global Turboexpander Market Outlook, By Chemical & Petrochemical (2018-2027) ($MN)
Table 28 Global Turboexpander Market Outlook, By Heating, Ventilation, and Air Conditioning (HVAC) (2018-2027) ($MN)
Table 29 Global Turboexpander Market Outlook, By Industrial (2018-2027) ($MN)
Table 30 Global Turboexpander Market Outlook, By Manufacturing (2018-2027) ($MN)
Table 31 Global Turboexpander Market Outlook, By Oil & Gas (2018-2027) ($MN)
Table 32 Global Turboexpander Market Outlook, By Power Generation (2018-2027) ($MN)
Table 33 Global Turboexpander Market Outlook, By Refrigeration Systems (2018-2027) ($MN)
Table 34 Global Turboexpander Market Outlook, By Energy Recovery (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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