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Global Turbo Expander Market Research Report 2024
Synopsis
Turbo expander 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. Turbo Expander is also referred to as a turbo-expander or an expansion turbine, is a centrifugal or axial flow turbine through which a high pressure gas is expanded to produce work that is often used to drive a compressor.
The global Turbo Expander market was valued at US$ 533.9 million in 2023 and is anticipated to reach US$ 676.6 million by 2030, witnessing a CAGR of 3.4% during the forecast period 2024-2030.
Global leading players in turbo expander market are Cryostar, Atlas Copco and GE oil &gas etc. The top 5 companies hold a share about 55%. Asia Pacific is the largest market, with a share about 35%, followed by Europe and North America with the share about 30% and 23%.
This report aims to provide a comprehensive presentation of the global market for Turbo Expander, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Turbo Expander.
Report Scope
The Turbo Expander market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Turbo Expander market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Turbo Expander manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Cryostar
Atlas Copco
GE(Baker Hughes)
Air Products
ACD
L.A. Turbine
Turbogaz
Samsung
RMG
Hangyang Group
SASPG
HNEC
Suzhou Xida
Beifang Asp
Jianyang Ruite
Huayu
Air Liquide
Hanwha
Segment by Type
Radial-Axial Turbo Expander
Radial Turbo Expander
Axial Turbo Expander
Segment by Application
Air Separation
Liquefied Natural Gas(LNG)
Petrochemical Processing
Waste Heat or Other Power Recovery
Others
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Turbo Expander manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Turbo Expander by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Turbo Expander in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Turbo expander 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. Turbo Expander is also referred to as a turbo-expander or an expansion turbine, is a centrifugal or axial flow turbine through which a high pressure gas is expanded to produce work that is often used to drive a compressor.
The global Turbo Expander market was valued at US$ 533.9 million in 2023 and is anticipated to reach US$ 676.6 million by 2030, witnessing a CAGR of 3.4% during the forecast period 2024-2030.
Global leading players in turbo expander market are Cryostar, Atlas Copco and GE oil &gas etc. The top 5 companies hold a share about 55%. Asia Pacific is the largest market, with a share about 35%, followed by Europe and North America with the share about 30% and 23%.
This report aims to provide a comprehensive presentation of the global market for Turbo Expander, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Turbo Expander.
Report Scope
The Turbo Expander market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Turbo Expander market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Turbo Expander manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Cryostar
Atlas Copco
GE(Baker Hughes)
Air Products
ACD
L.A. Turbine
Turbogaz
Samsung
RMG
Hangyang Group
SASPG
HNEC
Suzhou Xida
Beifang Asp
Jianyang Ruite
Huayu
Air Liquide
Hanwha
Segment by Type
Radial-Axial Turbo Expander
Radial Turbo Expander
Axial Turbo Expander
Segment by Application
Air Separation
Liquefied Natural Gas(LNG)
Petrochemical Processing
Waste Heat or Other Power Recovery
Others
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Turbo Expander manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Turbo Expander by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Turbo Expander in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Turbo Expander Market Overview
1.1 Product Definition
1.2 Turbo Expander Segment by Type
1.2.1 Global Turbo Expander Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Radial-Axial Turbo Expander
1.2.3 Radial Turbo Expander
1.2.4 Axial Turbo Expander
1.3 Turbo Expander Segment by Application
1.3.1 Global Turbo Expander Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Air Separation
1.3.3 Liquefied Natural Gas(LNG)
1.3.4 Petrochemical Processing
1.3.5 Waste Heat or Other Power Recovery
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Turbo Expander Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Turbo Expander Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Turbo Expander Production Estimates and Forecasts (2019-2030)
1.4.4 Global Turbo Expander Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Turbo Expander Production Market Share by Manufacturers (2019-2024)
2.2 Global Turbo Expander Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Turbo Expander, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Turbo Expander Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Turbo Expander Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Turbo Expander, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Turbo Expander, Product Offered and Application
2.8 Global Key Manufacturers of Turbo Expander, Date of Enter into This Industry
2.9 Turbo Expander Market Competitive Situation and Trends
2.9.1 Turbo Expander Market Concentration Rate
2.9.2 Global 5 and 10 Largest Turbo Expander Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Turbo Expander Production by Region
3.1 Global Turbo Expander Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Turbo Expander Production Value by Region (2019-2030)
3.2.1 Global Turbo Expander Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Turbo Expander by Region (2025-2030)
3.3 Global Turbo Expander Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Turbo Expander Production by Region (2019-2030)
3.4.1 Global Turbo Expander Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Turbo Expander by Region (2025-2030)
3.5 Global Turbo Expander Market Price Analysis by Region (2019-2024)
3.6 Global Turbo Expander Production and Value, Year-over-Year Growth
3.6.1 North America Turbo Expander Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Turbo Expander Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Turbo Expander Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Turbo Expander Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Turbo Expander Production Value Estimates and Forecasts (2019-2030)
4 Turbo Expander Consumption by Region
4.1 Global Turbo Expander Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Turbo Expander Consumption by Region (2019-2030)
4.2.1 Global Turbo Expander Consumption by Region (2019-2024)
4.2.2 Global Turbo Expander Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Turbo Expander Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Turbo Expander Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Turbo Expander Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Turbo Expander Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Turbo Expander Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Turbo Expander Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Turbo Expander Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Turbo Expander Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Turbo Expander Production by Type (2019-2030)
5.1.1 Global Turbo Expander Production by Type (2019-2024)
5.1.2 Global Turbo Expander Production by Type (2025-2030)
5.1.3 Global Turbo Expander Production Market Share by Type (2019-2030)
5.2 Global Turbo Expander Production Value by Type (2019-2030)
5.2.1 Global Turbo Expander Production Value by Type (2019-2024)
5.2.2 Global Turbo Expander Production Value by Type (2025-2030)
5.2.3 Global Turbo Expander Production Value Market Share by Type (2019-2030)
5.3 Global Turbo Expander Price by Type (2019-2030)
6 Segment by Application
6.1 Global Turbo Expander Production by Application (2019-2030)
6.1.1 Global Turbo Expander Production by Application (2019-2024)
6.1.2 Global Turbo Expander Production by Application (2025-2030)
6.1.3 Global Turbo Expander Production Market Share by Application (2019-2030)
6.2 Global Turbo Expander Production Value by Application (2019-2030)
6.2.1 Global Turbo Expander Production Value by Application (2019-2024)
6.2.2 Global Turbo Expander Production Value by Application (2025-2030)
6.2.3 Global Turbo Expander Production Value Market Share by Application (2019-2030)
6.3 Global Turbo Expander Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Cryostar
7.1.1 Cryostar Turbo Expander Corporation Information
7.1.2 Cryostar Turbo Expander Product Portfolio
7.1.3 Cryostar Turbo Expander Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Cryostar Main Business and Markets Served
7.1.5 Cryostar Recent Developments/Updates
7.2 Atlas Copco
7.2.1 Atlas Copco Turbo Expander Corporation Information
7.2.2 Atlas Copco Turbo Expander Product Portfolio
7.2.3 Atlas Copco Turbo Expander Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Atlas Copco Main Business and Markets Served
7.2.5 Atlas Copco Recent Developments/Updates
7.3 GE(Baker Hughes)
7.3.1 GE(Baker Hughes) Turbo Expander Corporation Information
7.3.2 GE(Baker Hughes) Turbo Expander Product Portfolio
7.3.3 GE(Baker Hughes) Turbo Expander Production, Value, Price and Gross Margin (2019-2024)
7.3.4 GE(Baker Hughes) Main Business and Markets Served
7.3.5 GE(Baker Hughes) Recent Developments/Updates
7.4 Air Products
7.4.1 Air Products Turbo Expander Corporation Information
7.4.2 Air Products Turbo Expander Product Portfolio
7.4.3 Air Products Turbo Expander Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Air Products Main Business and Markets Served
7.4.5 Air Products Recent Developments/Updates
7.5 ACD
7.5.1 ACD Turbo Expander Corporation Information
7.5.2 ACD Turbo Expander Product Portfolio
7.5.3 ACD Turbo Expander Production, Value, Price and Gross Margin (2019-2024)
7.5.4 ACD Main Business and Markets Served
7.5.5 ACD Recent Developments/Updates
7.6 L.A. Turbine
7.6.1 L.A. Turbine Turbo Expander Corporation Information
7.6.2 L.A. Turbine Turbo Expander Product Portfolio
7.6.3 L.A. Turbine Turbo Expander Production, Value, Price and Gross Margin (2019-2024)
7.6.4 L.A. Turbine Main Business and Markets Served
7.6.5 L.A. Turbine Recent Developments/Updates
7.7 Turbogaz
7.7.1 Turbogaz Turbo Expander Corporation Information
7.7.2 Turbogaz Turbo Expander Product Portfolio
7.7.3 Turbogaz Turbo Expander Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Turbogaz Main Business and Markets Served
7.7.5 Turbogaz Recent Developments/Updates
7.8 Samsung
7.8.1 Samsung Turbo Expander Corporation Information
7.8.2 Samsung Turbo Expander Product Portfolio
7.8.3 Samsung Turbo Expander Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Samsung Main Business and Markets Served
7.7.5 Samsung Recent Developments/Updates
7.9 RMG
7.9.1 RMG Turbo Expander Corporation Information
7.9.2 RMG Turbo Expander Product Portfolio
7.9.3 RMG Turbo Expander Production, Value, Price and Gross Margin (2019-2024)
7.9.4 RMG Main Business and Markets Served
7.9.5 RMG Recent Developments/Updates
7.10 Hangyang Group
7.10.1 Hangyang Group Turbo Expander Corporation Information
7.10.2 Hangyang Group Turbo Expander Product Portfolio
7.10.3 Hangyang Group Turbo Expander Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Hangyang Group Main Business and Markets Served
7.10.5 Hangyang Group Recent Developments/Updates
7.11 SASPG
7.11.1 SASPG Turbo Expander Corporation Information
7.11.2 SASPG Turbo Expander Product Portfolio
7.11.3 SASPG Turbo Expander Production, Value, Price and Gross Margin (2019-2024)
7.11.4 SASPG Main Business and Markets Served
7.11.5 SASPG Recent Developments/Updates
7.12 HNEC
7.12.1 HNEC Turbo Expander Corporation Information
7.12.2 HNEC Turbo Expander Product Portfolio
7.12.3 HNEC Turbo Expander Production, Value, Price and Gross Margin (2019-2024)
7.12.4 HNEC Main Business and Markets Served
7.12.5 HNEC Recent Developments/Updates
7.13 Suzhou Xida
7.13.1 Suzhou Xida Turbo Expander Corporation Information
7.13.2 Suzhou Xida Turbo Expander Product Portfolio
7.13.3 Suzhou Xida Turbo Expander Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Suzhou Xida Main Business and Markets Served
7.13.5 Suzhou Xida Recent Developments/Updates
7.14 Beifang Asp
7.14.1 Beifang Asp Turbo Expander Corporation Information
7.14.2 Beifang Asp Turbo Expander Product Portfolio
7.14.3 Beifang Asp Turbo Expander Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Beifang Asp Main Business and Markets Served
7.14.5 Beifang Asp Recent Developments/Updates
7.15 Jianyang Ruite
7.15.1 Jianyang Ruite Turbo Expander Corporation Information
7.15.2 Jianyang Ruite Turbo Expander Product Portfolio
7.15.3 Jianyang Ruite Turbo Expander Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Jianyang Ruite Main Business and Markets Served
7.15.5 Jianyang Ruite Recent Developments/Updates
7.16 Huayu
7.16.1 Huayu Turbo Expander Corporation Information
7.16.2 Huayu Turbo Expander Product Portfolio
7.16.3 Huayu Turbo Expander Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Huayu Main Business and Markets Served
7.16.5 Huayu Recent Developments/Updates
7.17 Air Liquide
7.17.1 Air Liquide Turbo Expander Corporation Information
7.17.2 Air Liquide Turbo Expander Product Portfolio
7.17.3 Air Liquide Turbo Expander Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Air Liquide Main Business and Markets Served
7.17.5 Air Liquide Recent Developments/Updates
7.18 Hanwha
7.18.1 Hanwha Turbo Expander Corporation Information
7.18.2 Hanwha Turbo Expander Product Portfolio
7.18.3 Hanwha Turbo Expander Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Hanwha Main Business and Markets Served
7.18.5 Hanwha Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Turbo Expander Industry Chain Analysis
8.2 Turbo Expander Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Turbo Expander Production Mode & Process
8.4 Turbo Expander Sales and Marketing
8.4.1 Turbo Expander Sales Channels
8.4.2 Turbo Expander Distributors
8.5 Turbo Expander Customers
9 Turbo Expander Market Dynamics
9.1 Turbo Expander Industry Trends
9.2 Turbo Expander Market Drivers
9.3 Turbo Expander Market Challenges
9.4 Turbo Expander Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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