Turbo Expanders Market to 2027 - Global Analysis and Forecasts by Loading Device (Compressor, Generator, and Oil Brake); Application (Hydrocarbon, Air Separation, and Others); and End-User (Oil & Gas, Power Generation, and Industrial)
The global turbo expanders market is expected to grow to US$ 570.08 Mn by 2027 from US$ 302.05 Mn in 2017, growing at a CAGR of 6.7%.
Turbo-expanders are increasingly used for industrial applications such as low-temperature process requirements and liquefaction. Further, turbo-expanders also help in the processes including extraction of natural-gas liquids and ethane from natural gas. The rise in the food processing industry across the world demands installations of large refrigeration systems at the manufacturing as well as distribution plants. Industrial refrigeration systems today are being used in a plethora of industries today that include food processing, chemicals industry, fishing & meat packing industry, the pharmaceutical industry, process industry, and the oil & gas industry. All these industries have significant contributions to drive the turbo expanders market. The installations of turbo-expanders along with the refrigerators enable an increase in the energy efficiencies significantly and thereby mandate their integrations. Refrigeration is vital for reducing post-harvest and post-slaughtering losses and in the preservation of food products. As refrigeration maintains food safety, nutritional and organoleptic qualities, it has become fundamental for the food processing industry.
The turbo expanders market has been segmented into three reportable segments namely, loading devices, application, and end-user. Based on loading devices, the turbo expanders market has been divided into compressor, generator, and oil brake. On the basis of application, the turbo expanders market has been bifurcated into hydrocarbon, air separation, and others. Further, the end-user of these turbo expanders include oil & gas, power generation, and industrial sector. The global analysis for turbo expanders market is conducted by considering various countries of five continents. Wherein, it is observed that North America and the Asia Pacific are dominating in the market with maximum shares, owing to the dense presence of natural-gas coupled with technological integrations in the extraction activities that are propelling the adoption of turbo expanders.
The overall turbo expanders market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the turbo expanders market. It also provides the overview and forecast for the turbo expanders market based on all the segmentation provided with respect to the five major regions such as North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Also, the primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the turbo expanders industry.
1. INTRODUCTION
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
2. key takeaways
3. turbo expander market Landscape
3.1 market overview
3.2 Market segmentation
3.2.1 Global Turbo Expander Market – By Loading Device
3.2.2 Global Turbo Expander Market – By Application
3.2.3 Global Turbo Expander Market – By Application
3.2.4 Global Turbo Expander Market – By Geography
3.3 PEST ANALYSIS
3.3.1 North America PEST Analysis
3.3.2 Europe PEST Analysis
3.3.3 Asia Pacific PEST Analysis
3.3.4 Middle East & Africa PEST Analysis
3.3.5 South America PEST Analysis
4. turbo expander market – key industry dynamics
4.1 key market drivers
4.1.1 Rising need for energy efficiency
4.1.2 Growth in oil & gas industry
4.1.3 Increase in usage of natural gas for power generation
4.2 key market restraints
4.2.1 High installation cost
4.3 key market opportunities
4.3.1 Proliferation of cryogenic liquids
4.4 future trend
4.4.1 Infrastructural development and smart cities
4.5 impact analysis of Drivers and restraint
5. Turbo Expanders – global market analysis
5.1 Global Turbo Expanders Market Overview
5.2 Global Turbo Expanders Market Forecast and Analysis
6. turbo expander market revenue and forecast to 2027 – loading device
6.1 Overview
6.2 Global turbo expander market Breakdown, By loading devices, 2017 & 2027
6.3 compressor market
6.3.1 Overview
6.3.2 Compressor Market Forecast and Analysis
6.4 generator market
6.4.1 Overview
6.4.2 Generator Market Forecast and Analysis
6.5 Oil Brake market
6.5.1 Overview
6.5.2 Oil Brake Market Forecast and Analysis
7. turbo expander market revenue and forecast to 2027 – application
7.1 Overview
7.2 Global turbo expander market Breakdown, By application, 2017 & 2027
7.3 hydrocarbon market
7.3.1 Overview
7.3.2 Hydrocarbon Market Forecast and Analysis
7.4 air separation market
7.4.1 Overview
7.4.2 Air Separation Market Forecast and Analysis
7.5 others market
7.5.1 Overview
7.5.2 Others Market Forecast and Analysis
8. turbo expander market revenue and forecast to 2027 – end user
8.1 Overview
8.2 Global turbo expander market Breakdown, By end user, 2017 & 2027
8.3 oil & gas market
8.3.1 Overview
8.3.2 Oil & Gas Market Forecast and Analysis
8.4 power generation market
8.4.1 Overview
8.4.2 Power Generation Market Forecast and Analysis
8.5 industrial market
8.5.1 Overview
8.5.2 Industrial Market Forecast and Analysis
9. Turbo Expanders market – Geographical Analysis
9.1 Overview
9.2 North America Turbo Expanders Market Revenue and Forecasts to 2027
9.2.1 Overview
9.2.2 North America Turbo Expanders Market Breakdown by Key Countries
9.2.2.1 U.S. Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.2.2.2 Canada Turbo Expanders Market Revenue and Forecast to 2027 (US$ Mn)
9.2.2.3 Mexico Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.2.3 North America Turbo Expanders Market Breakdown by Loading Device
9.2.4 North America Turbo Expanders Market Breakdown by Application
9.2.5 North America Turbo Expanders Market Breakdown by End-User
9.3 Europe Turbo Expanders Market Revenue and Forecasts to 2027
9.3.1 Overview
9.3.2 Europe Turbo Expanders Market Breakdown by Key Countries
9.3.2.1 France Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.3.2.2 Germany Turbo Expanders Market Revenue and Forecast to 2027 (US$ Mn)
9.3.2.3 U.K Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.3.2.4 Russia Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.3.2.5 Rest of Europe Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.3.3 Europe Turbo Expanders Market Breakdown by Loading Device
9.3.4 Europe Turbo Expanders Market Breakdown by Application
9.3.5 Europe Turbo Expanders Market Breakdown by End-User
9.4 Asia Pacific (APAC) Turbo Expanders Market Revenue and Forecasts to 2027
9.4.1 Overview
9.4.2 Asia Pacific Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.3 Asia Pacific Turbo Expanders Market Breakdown by Key Countries
9.4.3.1 Japan Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.3.2 China Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.3.3 India Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.3.4 Australia Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.3.5 Rest of APAC Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.4.4 Asia Pacific Turbo Expanders Market Breakdown by Loading Device
9.4.5 Asia Pacific Turbo Expanders Market Breakdown by Application
9.4.6 Asia Pacific Turbo Expanders Market Breakdown by End-User
9.5 Middle East & Africa (MEA) Turbo Expanders Market Revenue and Forecasts to 2027
9.5.1 Overview
9.5.2 Middle East & Africa Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.5.3 Middle East & Africa Turbo Expanders Market Breakdown by Key Countries
9.5.3.1 Saudi Arabia Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.5.3.2 UAE Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.5.3.3 South Africa Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.5.3.4 Rest of MEA Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.5.4 Middle East & Africa Turbo Expanders Market Breakdown by Loading Device
9.5.5 Middle East & Africa Turbo Expanders Market Breakdown by Application
9.5.6 Middle East & Africa Turbo Expanders Market Breakdown by End-User
9.6 South America Turbo Expanders Market Revenue and Forecasts to 2027
9.6.1 Overview
9.6.2 South America Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.6.3 South America Turbo Expanders Market Breakdown by Key Countries
9.6.3.1 Brazil Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.6.3.2 Rest of SAM Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
9.6.4 South America Turbo Expanders Market Breakdown by Loading Device
9.6.5 South America Turbo Expanders Market Breakdown by Application
9.6.6 South America Turbo Expanders Market Breakdown by End-User
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Merger and Acquisition
10.4 New Development
11. Competitive Landscape
11.1 Competitive Product Mapping
11.2 Market Positioning – Global Top 5 Players Ranking
12. Global Turbo Expanders market- key company profiles
12.1 ACD llc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Financial Overview
12.1.4 SWOT Analysis
12.1.5 Key Developments
12.2 Air Products and Chemicals, Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Financial Overview
12.2.4 SWOT Analysis
12.2.5 Key Developments
12.3 Atlas Copco AB
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Financial Overview
12.3.4 SWOT Analysis
12.3.5 Key Developments
12.4 Baker Hughes, a GE Company
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Financial Overview
12.4.4 SWOT Analysis
12.4.5 Key Developments
12.5 Cryostar
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Financial Overview
12.5.4 SWOT Analysis
12.5.5 Key Developments
12.6 Elliott Group
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Financial Overview
12.6.4 SWOT Analysis
12.6.5 Key Developments
12.7 Honeywell International, Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Financial Overview
12.7.4 SWOT Analysis
12.7.5 Key Developments
12.8 R&D Dynamics Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Financial Overview
12.8.4 SWOT Analysis
12.8.5 Key Developments
12.9 Siemens AG
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Financial Overview
12.9.4 SWOT Analysis
12.10 PJSC "TURBOGAZ"
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Financial Overview
12.10.4 SWOT Analysis
12.10.5 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
13.3 Methodology
13.3.1 Coverage
13.3.2 Secondary Research
13.3.3 Primary Research
list of tables
TABLE 1. Global Turbo Expanders Market Revenue and Forecasts to 2025 (US$ Mn)
TABLE 2. North America Turbo Expanders Market Revenue and Forecasts to 2027 – By Loading Device (US$ Mn)
TABLE 3. North America Turbo Expanders Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
TABLE 4. North America Turbo Expanders Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
TABLE 5. Europe Turbo Expanders Market Revenue and Forecasts to 2027 – By Loading Device (US$ Mn)
TABLE 6. Europe Turbo Expanders Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
TABLE 7. Europe Turbo Expanders Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
TABLE 8. Asia Pacific Turbo Expanders Market Revenue and Forecasts to 2027 – By Loading Device (US$ Mn)
TABLE 9. Asia Pacific Turbo Expanders Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
TABLE 10. Asia Pacific Turbo Expanders Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
TABLE 11. Middle East & Africa Turbo Expanders Market Revenue and Forecasts to 2027 – By Loading Device (US$ Mn)
TABLE 12. Middle East & Africa Turbo Expanders Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
TABLE 13. Middle East & Africa Turbo Expanders Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
TABLE 14. South America Turbo Expanders Market Revenue and Forecasts to 2027 – By Loading Device (US$ Mn)
TABLE 15. South America Turbo Expanders Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
TABLE 16. South America Turbo Expanders Market Revenue and Forecasts to 2027 – By End-User (US$ Mn)
TABLE 17. Glossary of Term: Turbo Expanders Market
list of figures
FIGURE 1. Global Turbo Expanders Oil & Gas Market, Revenue (US$ Mn), 2017 & 2027
FIGURE 2. Europe hydrocarbon application Turbo Expanders Market, Revenue (in US$ Mn), 2017 & 2027
FIGURE 3. Turbo expander market segmentation
FIGURE 4. Turbo expander market segmentation - geographic
FIGURE 5. North America PEST Analysis
FIGURE 6. Europe PEST Analysis
FIGURE 7. APAC PEST Analysis
FIGURE 8. MEA PEST Analysis
FIGURE 9. SAM PEST Analysis
FIGURE 10. turbo expander market Impact Analysis of Drivers and Restraint
FIGURE 11. Global Turbo Expanders Market
FIGURE 12. GLOBAL Turbo Expanders MARKET FORECAST AND ANALYSIS
FIGURE 13. Global turbo expander market Breakdown, By loading device, 2017 & 2027 (%)
FIGURE 14. Global compressor Market Revenue and Forecast to 2027 (US$ Mn)
FIGURE 15. Global generator Market Revenue and Forecast to 2027 (US$ Mn)
FIGURE 16. Global Oil Brake Market Revenue and Forecast to 2027 (US$ Mn)
FIGURE 17. Global turbo expander market Breakdown, By application, 2017 & 2027 (%)
FIGURE 18. Global hydrocarbon Market Revenue and Forecast to 2027 (US$ Mn)
FIGURE 19. Global air separation Market Revenue and Forecast to 2027 (US$ Mn)
FIGURE 20. Global others Market Revenue and Forecast to 2027 (US$ Mn)
FIGURE 21. Global turbo expander market Breakdown, By end user, 2017 & 2027 (%)
FIGURE 22. Global oil & gas Market Revenue and Forecast to 2027 (US$ Mn)
FIGURE 23. Global power generation Market Revenue and Forecast to 2027 (US$ Mn)
FIGURE 24. Global industrial Market Revenue and Forecast to 2027 (US$ Mn)
FIGURE 25. Turbo Expanders Market, Global Breakdown by Regions, 2017 & 2027 (%)
FIGURE 26. North America Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 27. North America Turbo Expanders Market Breakdown by Key Countries, 2017 & 2027(%)
FIGURE 28. Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 29. Canada Turbo Expanders Market Revenue and Forecasts to 2027 (US$ MN)
FIGURE 30. Mexico Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 31. North America Turbo Expanders Market Breakdown by Loading Device, 2017 & 2027 (%)
FIGURE 32. North America Turbo Expanders Market Breakdown by Application, 2017 & 2027 (%)
FIGURE 33. North America Turbo Expanders Market Breakdown by End-User, 2017 & 2027 (%)
FIGURE 34. Europe Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 35. Europe Turbo Expanders Market Breakdown by Key Countries, 2017 & 2027(%)
FIGURE 36. France Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 37. germany Turbo Expanders Market Revenue and Forecasts to 2027 (US$ MN)
FIGURE 38. u.k Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 39. Russia Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 40. Rest of Europe Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 41. Europe Turbo Expanders Market Breakdown by Loading Device, 2017 & 2027 (%)
FIGURE 42. Europe Turbo Expanders Market Breakdown by Application, 2017 & 2027 (%)
FIGURE 43. Europe Turbo Expanders Market Breakdown by End-User, 2017 & 2027 (%)
FIGURE 44. Asia Pacific Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 45. Asia Pacific Turbo Expanders Market Breakdown by Key Countries, 2017 & 2027(%)
FIGURE 46. Japan Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 47. China Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 48. India Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 49. Australia Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 50. Rest of APAC Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 51. Asia Pacific Turbo Expanders Market Breakdown by Loading Device, 2017 & 2027 (%)
FIGURE 52. Asia Pacific Turbo Expanders Market Breakdown by Application, 2017 & 2027 (%)
FIGURE 53. Asia Pacific Turbo Expanders Market Breakdown by End-User, 2017 & 2027 (%)
FIGURE 54. Middle East & Africa Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 55. Middle East & Africa Turbo Expanders Market Breakdown by Key Countries, 2017 & 2027(%)
FIGURE 56. Saudi Arabia Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 57. UAE Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 58. South Africa Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 59. Rest of MEA Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 60. Middle East & Africa Turbo Expanders Market Breakdown by Loading Device, 2017 & 2027 (%)
FIGURE 61. Middle East & Africa Turbo Expanders Market Breakdown by Application, 2017 & 2027 (%)
FIGURE 62. Middle East & Africa Turbo Expanders Market Breakdown by End-User, 2017 & 2027 (%)
FIGURE 63. South America Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 64. south america Turbo Expanders Market Breakdown by Key Countries, 2017 & 2027(%)
FIGURE 65. Brazil Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 66. Rest of SAM Turbo Expanders Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 67. South America Turbo Expanders Market Breakdown by Loading Device, 2017 & 2027 (%)
FIGURE 68. South America Turbo Expanders Market Breakdown by Application, 2017 & 2027 (%)
FIGURE 69. South America Turbo Expanders Market Breakdown by End-User, 2017 & 2027 (%)
The List of Companies
1. ACD LLC
2. Air Products & Chemicals, Inc.
3. Atlas Copco, Inc.
4. Baker Hughes
5. Cryostar
6. Elliott Group
7. Honeywell International, Inc.
8. R&D Dynamics Corporation
9. Siemens AG
10. PJSG “Turbogaz”
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the turbo expander market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering in developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to segmentations like loading device, application, and end user.