Turboexpander Market Size, Share, Trends, Growth 2032
Turboexpander Market By Loading Device (Generator, Compressor, and Oil break), By Application (Hydrocarbon, Air separation, and others) by End-User (Oil and gas, Power generation, Manufacturing, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 - 2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 964.38 Million | USD 1485.84 Million | 4.92% | 2023 |
Table Of Content
- Chapter 1.Preface
- 1.1.Report Description
- 1.1.Report Scope
- Chapter 2.Research Methodology
- 2.1.Research Methodology
- 2.2.Secondary Research
- 2.3.Primary Research
- 2.4.Models
- 2.4.1.Company Share Analysis Model
- 2.4.2.Revenue Based Modeling
- 2.5.Research Limitations
- Chapter 3.Executive Summary
- 3.1.Global Turboexpander Market, 2016 – 2026 (USD Million)
- 3.2.Global Turboexpander Market: Snapshot
- Chapter 4.Turboexpander Market – Industry Analysis
- 4.1.Introduction
- 4.2.Market Drivers
- 4.2.1.Driving Factor 1 Analysis
- 4.2.2.Driving Factor 2 Analysis:
- 4.3.Market Restraints
- 4.3.1.Restraining Factor Analysis
- 4.4.Market Opportunities
- 4.4.1.Market Opportunity & Use-case Anaysis
- 4.4.2.Use – Cases for Turboexpander
- 4.5.Porter’s Five Forces Analysis
- 4.6.COVID 19 Impact Analysis
- 4.6.1.1.Impact on Product Development and Technology Adoption
- 4.6.1.2.Gap Analysis
- Chapter 5.Investment Proposition Analysis
- 5.1.Global Turboexpander Market Attractiveness, By Loading Device
- 5.2.Global Turboexpander Market Attractiveness, By Application
- 5.3.Global Turboexpander Market Attractiveness, By End-User
- 5.4.Global Turboexpander Market Attractiveness, By Region
- Chapter 6.Competitive Landscape
- 6.1.Company Market Share Analysis - 2019
- 6.1.1.Global Turboexpander Market: Company Market Share, 2019
- 6.2.Strategic Developments
- 6.1.Company Market Share Analysis - 2019
- Chapter 7.Turboexpander Market – Loading Device Segment Analysis
- 7.1.Global Turboexpander Market Overview: by Loading Device
- 7.1.1.Global Turboexpander Market Revenue Share, by Loading Device, 2019 & 2026
- 7.2.Global Turboexpander Market Analysis/Overview – By Loading Device
- 7.2.1.Generator – Overview/Analysis
- 7.2.2.Compressor – Overview/Analysis
- 7.2.3.Oil break – Overview/Analysis
- 7.3.Generator
- 7.3.1.Global Turboexpander Market for Generator, Revenue (USD Million) 2016 - 2026
- 7.4.Compressor
- 7.4.1.Global Turboexpander Market for Compressor, Revenue (USD Million) 2016 - 2026
- 7.5.Oil break
- 7.5.1.Global Turboexpander Market for Oil break, Revenue (USD Million) 2016 - 2026
- 7.1.Global Turboexpander Market Overview: by Loading Device
- Chapter 8.Turboexpander Market – Application Segment Analysis
- 8.1.Global Turboexpander Market Overview: by Application
- 8.1.1.Global Turboexpander Market Revenue Share, by Application, 2019 & 2026
- 8.2.Global Turboexpander Market Analysis/Overview – By Application
- 8.2.1.Hydrocarbon – Overview/Analysis
- 8.2.2.Air separation – Overview/Analysis
- 8.2.3.Others – Overview/Analysis
- 8.3.Hydrocarbon
- 8.3.1.Global Turboexpander Market for Hydrocarbon, Revenue (USD Million) 2016 - 2026
- 8.4.Air separation
- 8.4.1.Global Turboexpander Market for Air separation, Revenue (USD Million) 2016 - 2026
- 8.5.Others
- 8.5.1.Global Turboexpander Market for Others, Revenue (USD Million) 2016 - 2026
- 8.1.Global Turboexpander Market Overview: by Application
- Chapter 9.Turboexpander Market – End-User Segment Analysis
- 9.1.Global Turboexpander Market Overview: by End-User
- 9.1.1.Global Turboexpander Market Revenue Share, by End-User, 2019 & 2026
- 9.2.Global Turboexpander Market Analysis/Overview – By End-User
- 9.2.1.Oil and gas – Overview/Analysis
- 9.2.2.Power generation – Overview/Analysis
- 9.2.3.Manufacturing – Overview/Analysis
- 9.2.4.Others – Overview/Analysis
- 9.3.Oil and gas
- 9.3.1.Global Turboexpander Market for Oil and gas, Revenue (USD Million) 2016 - 2026
- 9.4.Power generation
- 9.4.1.Global Turboexpander Market for Power generation, Revenue (USD Million) 2016 - 2026
- 9.5.Manufacturing
- 9.5.1.Global Turboexpander Market for Manufacturing, Revenue (USD Million) 2016 - 2026
- 9.6.Others
- 9.6.1.Global Turboexpander Market for Others, Revenue (USD Million) 2016 - 2026
- 9.1.Global Turboexpander Market Overview: by End-User
- Chapter 10.Turboexpander Market – Regional Analysis
- 10.1.Global Turboexpander Market: Regional Overview
- 10.1.1.Global Turboexpander Market Revenue Share, by Region, 2019 & 2026
- 10.1.2.Global Turboexpander Market Revenue, by Region, 2016 – 2026 (USD Million)
- 10.2.North America
- 10.2.1.North America Turboexpander Market Revenue, 2016 - 2026 (USD Million)
- 10.2.2.North America Turboexpander Market Revenue, by Country, 2016 – 2026 (USD Million)
- 10.2.3.North America Turboexpander Market Revenue, by Loading Device, 2016 – 2026
- 10.2.4.North America Turboexpander Market Revenue, by Application, 2016 – 2026
- 10.2.5.North America Turboexpander Market Revenue, by End-User, 2016 – 2026
- 10.2.6. U.S.
- 10.2.7.Canada
- 10.2.8.Mexico
- 10.3.Europe
- 10.3.1.Europe Turboexpander Market Revenue, 2016 - 2026 (USD Million)
- 10.3.2.Europe Turboexpander Market Revenue, by Country, 2016 – 2026 (USD Million)
- 10.3.3.Europe Turboexpander Market Revenue, by Loading Device, 2016 – 2026
- 10.3.4.Europe Turboexpander Market Revenue, by Application, 2016 – 2026
- 10.3.5.Europe Turboexpander Market Revenue, by End-User, 2016 – 2026
- 10.3.6.Germany
- 10.3.7.France
- 10.3.8. U.K.
- 10.3.9.Italy
- 10.3.10.Spain
- 10.3.11.Rest of Europe
- 10.4.Asia Pacific
- 10.4.1.Asia Pacific Turboexpander Market Revenue, 2016 - 2026 (USD Million)
- 10.4.2.Asia Pacific Turboexpander Market Revenue, by Country, 2016 – 2026 (USD Million)
- 10.4.3.Asia Pacific Turboexpander Market Revenue, by Loading Device, 2016 – 2026
- 10.4.4.Asia Pacific Turboexpander Market Revenue, by Application, 2016 – 2026
- 10.4.5.Asia Pacific Turboexpander Market Revenue, by End-User, 2016 – 2026
- 10.4.6.China
- 10.4.7.Japan
- 10.4.8.India
- 10.4.9.South Korea
- 10.4.10.Rest of Asia Pacific
- 10.5.Latin America
- 10.5.1.Latin America Turboexpander Market Revenue, 2016 - 2026 (USD Million)
- 10.5.2.Latin America Turboexpander Market Revenue, by Country, 2016 – 2026 (USD Million)
- 10.5.3.Latin America Turboexpander Market Revenue, by Loading Device, 2016 – 2026
- 10.5.4.Latin America Turboexpander Market Revenue, by Application, 2016 – 2026
- 10.5.5.Latin America Turboexpander Market Revenue, by End-User, 2016 – 2026
- 10.5.6.Brazil
- 10.5.7.Rest of Latin America
- 10.6.The Middle-East and Africa
- 10.6.1.The Middle-East and Africa Turboexpander Market Revenue, 2016 - 2026 (USD Million)
- 10.6.2.The Middle-East and Africa Turboexpander Market Revenue, by Country, 2016 – 2026 (USD Million)
- 10.6.3.The Middle-East and Africa Turboexpander Market Revenue, by Loading Device, 2016 – 2026
- 10.6.4.The Middle-East and Africa Turboexpander Market Revenue, by Application, 2016 – 2026
- 10.6.5.The Middle-East and Africa Turboexpander Market Revenue, by End-User, 2016 – 2026
- 10.6.6.GCC Countries
- 10.6.7.South Africa
- 10.6.8.Rest of Middle-East Africa
- 10.1.Global Turboexpander Market: Regional Overview
- Chapter 11.Company Profiles
- 11.1.L.A. Turbine
- 11.1.1.Company Overview
- 11.1.2.Financial Overview
- 11.1.3.Product Portfolio
- 11.1.4.Business Strategy
- 11.1.5.Recent Developments
- 11.2.SASPG
- 11.3.Turbogaz
- 11.4.Cryostar
- 11.5.BHGE
- 11.6.Hangyang Group
- 11.7.Air Products and Chemicals
- 11.8.HNEC
- 11.9.Cryogenic
- 11.1.Atlas Copco
- 11.1.L.A. Turbine
Table Of Figures
List of Figures
FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Turboexpander Market Revenue, 2016 - 2026 (USD Million)
FIG. 5 Porter’s Five Forces Analysis for Global Turboexpander Market
FIG. 6 Global Turboexpander Market Attractiveness, By Loading Device
FIG. 7 Global Turboexpander Market Attractiveness, By Application
FIG. 8 Global Turboexpander Market Attractiveness, By End-User
FIG. 9 Global Turboexpander Market Attractiveness, By End-User
FIG. 10 Company Share Analysis, 2019
FIG. 11 Global Turboexpander Market Revenue Share, by Loading Device, 2019 & 2026
FIG. 12 Global Turboexpander Market for Generator, Revenue (USD Million) 2016 - 2026
FIG. 13 Global Turboexpander Market for Compressor, Revenue (USD Million) 2016 - 2026
FIG. 14 Global Turboexpander Market for Oil break, Revenue (USD Million) 2016 - 2026
FIG. 15 Global Turboexpander Market Revenue Share, by Application, 2019 & 2026
FIG. 16 Global Turboexpander Market for Hydrocarbon, Revenue (USD Million) 2016 - 2026
FIG. 17 Global Turboexpander Market for Air separation, Revenue (USD Million) 2016 - 2026
FIG. 18 Global Turboexpander Market for Others, Revenue (USD Million) 2016 - 2026
FIG. 19 Global Turboexpander Market Revenue Share, by End-User, 2019 & 2026
FIG. 20 Global Turboexpander Market for Oil and gas, Revenue (USD Million) 2016 - 2026
FIG. 21 Global Turboexpander Market for Power generation, Revenue (USD Million) 2016 - 2026
FIG. 22 Global Turboexpander Market for Manufacturing, Revenue (USD Million) 2016 - 2026
FIG. 23 Global Turboexpander Market for Others, Revenue (USD Million) 2016 - 2026
FIG. 24 Global Turboexpander Market Revenue Share, by Region, 2019 & 2026
FIG. 25 North America Turboexpander Market Revenue, 2016 - 2026 (USD Million)
FIG. 26 Europe Turboexpander Market Revenue, 2016 - 2026 (USD Million)
FIG. 27 Asia Pacific Turboexpander Market Revenue, 2016 - 2026 (USD Million)
FIG. 28 Latin America Turboexpander Market Revenue, 2016 - 2026 (USD Million)
FIG. 29 The Middle-East and Africa Turboexpander Market Revenue, 2016 - 2026 (USD Million)
FIG. 30 L.A. Turbine Business Segment Revenue Share, 2018 (%)
FIG. 31 L.A. Turbine Geographical Segment Revenue Share, 2018 (%)
Table Of Tables
List of Tables
TABLE 1 Global Turboexpander Market: Snapshot 21
TABLE 2 Drivers of the Turboexpander Market: Impact Analysis 24
TABLE 3 Restraints for the Turboexpander Market: Impact Analysis 26
TABLE 4 Global Turboexpander Market Revenue, by Region, 2016 – 2026 (USD Million) 48
TABLE 5 North America Turboexpander Market Revenue, by Country, 2016 – 2026 (USD Million) 50
TABLE 6 North America Turboexpander Market Revenue, by Loading Device, 2016 – 2026 (USD Million) 50
TABLE 7 North America Turboexpander Market Revenue, by Application, 2016 – 2026 (USD Million) 50
TABLE 8 North America Turboexpander Market Revenue, by End-User, 2016 – 2026 (USD Million) 51
TABLE 9 Europe Turboexpander Market Revenue, by Country, 2016 – 2026 (USD Million) 53
TABLE 10 Europe Turboexpander Market Revenue, by Loading Device, 2016 – 2026 (USD Million) 53
TABLE 11 Europe Turboexpander Market Revenue, by Application, 2016 – 2026 (USD Million) 53
TABLE 12 Europe Turboexpander Market Revenue, by End-User, 2016 – 2026 (USD Million) 54
TABLE 13 Asia Pacific Turboexpander Market Revenue, by Country, 2016 – 2026 (USD Million) 56
TABLE 14 Asia Pacific Turboexpander Market Revenue, by Loading Device, 2016 – 2026 (USD Million) 56
TABLE 15 Asia Pacific Turboexpander Market Revenue, by Application, 2016 – 2026 (USD Million) 56
TABLE 16 Asia Pacific Turboexpander Market Revenue, by End-User, 2016 – 2026 (USD Million) 57
TABLE 17 Latin America Turboexpander Market Revenue, by Country, 2016 – 2026 (USD Million) 59
TABLE 18 Latin America Turboexpander Market Revenue, by Loading Device, 2016 – 2026 (USD Million) 59
TABLE 19 Latin America Turboexpander Market Revenue, by Application, 2016 – 2026 (USD Million) 59
TABLE 20 Latin America Turboexpander Market Revenue, by End-User, 2016 – 2026 (USD Million) 60
TABLE 21 The Middle-East and Africa Turboexpander Market Revenue, by Country, 2016 – 2026 (USD Million) 62
TABLE 22 The Middle-East and Africa Turboexpander Market Revenue, by Loading Device, 2016 – 2026 (USD Million) 62
TABLE 23 The Middle-East and Africa Turboexpander Market Revenue, by Application, 2016 – 2026 (USD Million) 63
TABLE 24 The Middle-East and Africa Turboexpander Market Revenue, by End-User, 2016 – 2026 (USD Million) 63
Methodology
FrequentlyAsked Questions
A turboexpander is a mechanical device that is employed to extract energy from a high-pressure gas by inflating it through a turbine. This process enables the gas to perform labor while simultaneously decreasing its temperature and pressure. Turboexpanders are frequently employed in a variety of applications, such as power generation, natural gas processing, and refrigeration.
Turboexpanders are being used more frequently in processes that optimize energy recovery from gas expansion as industries endeavor to enhance energy efficiency and reduce operational costs.
According to Zion Market Research, the global Turboexpander Market was worth USD 964.38 Million in 2023. The market is forecast to reach USD 1485.84 Million by 2032.
According to Zion Market Research, the global Turboexpander Market a compound annual growth rate (CAGR) of 4.92% during the forecast period 2024-2032.
Based on regions, the global turboexpander market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific region is expected to be the largest turboexpander market in the upcoming years.
The key market players of the global turboexpander market include L.A. Turbine, SASPG, Turbogaz, Cryostar, BHGE, Hangyang Group, Air Products and Chemicals, HNEC, Cryogenic, and Atlas Copco, among others.
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