Global Turbo Expander Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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.
According to our (Global Info Research) latest study, the global Turbo Expander market size was valued at USD 549.4 million in 2022 and is forecast to a readjusted size of USD 687.4 million by 2029 with a CAGR of 3.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 is a detailed and comprehensive analysis for global Turbo Expander market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Turbo Expander market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2018-2029
Global Turbo Expander market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2018-2029
Global Turbo Expander market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2018-2029
Global Turbo Expander market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Turbo Expander
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Turbo Expander market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Cryostar, Atlas Copco, GE(Baker Hughes), Air Products and ACD, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Turbo Expander market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Radial-Axial Turbo Expander
    Radial Turbo Expander
    Axial Turbo Expander
Market segment by Application
    Air Separation
    Liquefied Natural Gas(LNG)
    Petrochemical Processing
    Waste Heat or Other Power Recovery
    Others
Major players covered
    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
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Turbo Expander product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Turbo Expander, with price, sales, revenue and global market share of Turbo Expander from 2018 to 2023.
Chapter 3, the Turbo Expander competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Turbo Expander breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Turbo Expander market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Turbo Expander.
Chapter 14 and 15, to describe Turbo Expander sales channel, distributors, customers, research findings and conclusion.