Turbo Expander Market

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.

Turbo Expander Market contains market size and forecasts of Turbo Expander in global, including the following market information:

Global Turbo Expander Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Turbo Expander Market Sales, 2017-2022, 2023-2028, (Units)

Global top five Turbo Expander companies in 2021 (%)

The global Turbo Expander market was valued at 549.4 million in 2021 and is projected to reach US$ 687.4 million by 2028, at a CAGR of 3.3% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Radial-Axial Turbo Expander Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Turbo Expander include Cryostar, Atlas Copco, GE(Baker Hughes), Air Products, ACD, L.A. Turbine, Turbogaz, Samsung and RMG, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Turbo Expander manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Turbo Expander Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Turbo Expander Market Segment Percentages, by Type, 2021 (%)

Radial-Axial Turbo Expander

Radial Turbo Expander

Axial Turbo Expander

Global Turbo Expander Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Turbo Expander Market Segment Percentages, by Application, 2021 (%)

Air Separation

Liquefied Natural Gas(LNG)

Petrochemical Processing

Waste Heat or Other Power Recovery

Others

Global Turbo Expander Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Turbo Expander Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Turbo Expander revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Turbo Expander revenues share in global market, 2021 (%)

Key companies Turbo Expander sales in global market, 2017-2022 (Estimated), (Units)

Key companies Turbo Expander sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

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