세계의 터보 익스팬더 시장 규모 조사 및 예측 : 부하 장치별(원심 압축기, 발전기, 유압 브레이크), 최종 사용자별(석유 및 가스, 발전, 제조, HVAC, 기타), 지역별 분석(2022-2029년)

Global Turboexpander Market is valued at approximately USD 953.6 million in 2021 and is anticipated to grow with a healthy growth rate of more than 4.8% over the forecast period 2022-2029. A revolving radial or axial flow turbine called a turboexpander, commonly referred to as an expansion turbine, expands high-pressure gas to provide energy for three different types of machinery generators, compressors, and hydraulic brakes. The Turboexpander market is expanding because of factors such as increasing demand for natural gas and rising technological advancements in bearing technology.

Turbo expander is commonly used in petrochemical applications such as ethylene, nitrogen, and hydrogen, among others. Its prevalence has progressively increased during the last few decades. According to Statista, the United States is the world's largest consumer of natural gas, consuming nearly 827 billion cubic metres in 2021. The United States is also one of the world's largest producers of natural gas, with 948 billion cubic metres projected in 2020. Furthermore, the majority of the world's natural gas is produced in the United States. In 2021, the U.S. produced over 23 percent of the total global natural gas output, whereas China produced approximately 5.2 percent. Another important component driving space increase is technological advancements in bearing technology. As per Statista in 2022, the bearing market was sized at USD 142 billion. The railway and aerospace segment is predicted to be among the fastest growing application segments. In addition, Schaeffler India was the leading Indian bearings company based on market capitalization with about 283 billion Indian rupees as of March 2022. SKF India was the second leading bearings company in the country at that time period. However, the high cost of Turboexpander stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Turboexpander Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increased demand for cryogens due to the need for ultra-high vacuum environments in semiconductor manufacturing processes. According to Statista, in 2021, the Asia-Pacific semiconductor industry is expected to generate approximately $ 342.97 billion in revenue. It was anticipated to generate $411.97 billion in revenue by 2023. Europe is expected to grow with the highest CAGR during the forecast period, owing to factors such as government regulations that support renewable energy projects and reduce greenhouse gas emissions, as well as the dominance of natural gas production in the market space.

Major market players included in this report are:

• Cryostar India
• Atlas Copco
• L.A Turbine
• Air Products and Chemicals, Inc
• MAN Energy Solutions
• Havayar Industrial Group
• Honeywell International Inc.
• Elliot Group
• Cryogenic Industries
• Turbohaz Uzhhorod, Tov

Recent Developments in the Market:

• In July 2022, Hindustan Aeronautics Limited (HAL) has signed a contract with Honeywell for the supply and manufacture of 88 TPE331-12B engines/kits, as well as maintenance and support services for the Hindustan Trainer Aircraft.

Global Turboexpander Market Report Scope:

• Historical Data: 2019-2020-2021
• Base Year for Estimation: 2021
• Forecast period: 2022-2029
• Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Segments Covered: Loading Device, End-User, Region
• Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
• Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Loading Device

• Centrifugal Compressor
• Generator
• Hydraulic Brakes

By End-User

• Oil & Gas
• Power Generation
• Manufacturing
• HVAC
• Others

By Region:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC
• Latin America
• Brazil
• Mexico
• RoLA
• Rest of the World

Table of Contents

Chapter 1. Executive Summary

• 1.1. Market Snapshot
• 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
  • 1.2.1. Turboexpander Market, by Region, 2019-2029 (USD Million)
  • 1.2.2. Turboexpander Market, by Loading Device, 2019-2029 (USD Million)
  • 1.2.3. Turboexpander Market, by End-User, 2019-2029 (USD Million)
• 1.3. Key Trends
• 1.4. Estimation Methodology
• 1.5. Research Assumption

Chapter 2. Global Turboexpander Market Definition and Scope

• 2.1. Objective of the Study
• 2.2. Market Definition & Scope
  • 2.2.1. Scope of the Study
  • 2.2.2. Industry Evolution
• 2.3. Years Considered for the Study
• 2.4. Currency Conversion Rates

Chapter 3. Global Turboexpander Market Dynamics

• 3.1. Turboexpander Market Impact Analysis (2019-2029)
  • 3.1.1. Market Drivers
    • 3.1.1.1. Increasing demand for natural gas
    • 3.1.1.2. Rising technological advancements in bearing technology
  • 3.1.2. Market Challenges
    • 3.1.2.1. High Cost of Turboexpander
  • 3.1.3. Market Opportunities
    • 3.1.3.1. Rising awareness among industries to curb Green House Gas (GHG) emissions.

Chapter 4. Global Turboexpander Market Industry Analysis

• 4.1. Porter's 5 Force Model
  • 4.1.1. Bargaining Power of Suppliers
  • 4.1.2. Bargaining Power of Buyers
  • 4.1.3. Threat of New Entrants
  • 4.1.4. Threat of Substitutes
  • 4.1.5. Competitive Rivalry
• 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
• 4.3. PEST Analysis
  • 4.3.1. Political
  • 4.3.2. Economical
  • 4.3.3. Social
  • 4.3.4. Technological
• 4.4. Top investment opportunity
• 4.5. Top winning strategies
• 4.6. Industry Experts Prospective
• 4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

• 5.1. Assessment of the overall impact of COVID-19 on the industry
• 5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Turboexpander Market, by Loading Device

• 6.1. Market Snapshot
• 6.2. Global Turboexpander Market by Loading Device, Performance - Potential Analysis
• 6.3. Global Turboexpander Market Estimates & Forecasts by Loading Device 2019-2029 (USD Million)
• 6.4. Turboexpander Market, Sub Segment Analysis
  • 6.4.1. Centrifugal Compressor
  • 6.4.2. Generator
  • 6.4.3. Hydraulic Brakes

Chapter 7. Global Turboexpander Market, by End-User

• 7.1. Market Snapshot
• 7.2. Global Turboexpander Market by End-User, Performance - Potential Analysis
• 7.3. Global Turboexpander Market Estimates & Forecasts by End-User 2019-2029 (USD Million)
• 7.4. Turboexpander Market, Sub Segment Analysis
  • 7.4.1. Oil & Gas
  • 7.4.2. Power Generation
  • 7.4.3. Manufacturing
  • 7.4.4. HVAC
  • 7.4.5. Others

Chapter 8. Global Turboexpander Market, Regional Analysis

• 8.1. Turboexpander Market, Regional Market Snapshot
• 8.2. North America Turboexpander Market
  • 8.2.1. U.S. Turboexpander Market
    • 8.2.1.1. Loading Device breakdown estimates & forecasts, 2019-2029
    • 8.2.1.2. End-User breakdown estimates & forecasts, 2019-2029
  • 8.2.2. Canada Turboexpander Market
• 8.3. Europe Turboexpander Market Snapshot
  • 8.3.1. U.K. Turboexpander Market
  • 8.3.2. Germany Turboexpander Market
  • 8.3.3. France Turboexpander Market
  • 8.3.4. Spain Turboexpander Market
  • 8.3.5. Italy Turboexpander Market
  • 8.3.6. Rest of Europe Turboexpander Market
• 8.4. Asia-Pacific Turboexpander Market Snapshot
  • 8.4.1. China Turboexpander Market
  • 8.4.2. India Turboexpander Market
  • 8.4.3. Japan Turboexpander Market
  • 8.4.4. Australia Turboexpander Market
  • 8.4.5. South Korea Turboexpander Market
  • 8.4.6. Rest of Asia Pacific Turboexpander Market
• 8.5. Latin America Turboexpander Market Snapshot
  • 8.5.1. Brazil Turboexpander Market
  • 8.5.2. Mexico Turboexpander Market
  • 8.5.3. Rest of Latin America Turboexpander Market
• 8.6. Rest of The World Turboexpander Market

Chapter 9. Competitive Intelligence

• 9.1. Top Market Strategies
• 9.2. Company Profiles
  • 9.2.1. Cryostar India
    • 9.2.1.1. Key Information
    • 9.2.1.2. Overview
    • 9.2.1.3. Financial (Subject to Data Availability)
    • 9.2.1.4. Product Summary
    • 9.2.1.5. Recent Developments
  • 9.2.2. Atlas Copco
  • 9.2.3. L.A Turbine
  • 9.2.4. Air Products and Chemicals, Inc
  • 9.2.5. MAN, Energy Solutions
  • 9.2.6. Havayar Industrial Group
  • 9.2.7. Honeywell International Inc.
  • 9.2.8. Elliot Group
  • 9.2.9. Cryogenic Industries
  • 9.2.10. Turbohaz Uzhhorod, Tov

Chapter 10. Research Process

• 10.1. Research Process
  • 10.1.1. Data Mining
  • 10.1.2. Analysis
  • 10.1.3. Market Estimation
  • 10.1.4. Validation
  • 10.1.5. Publishing
• 10.2. Research Attributes
• 10.3. Research Assumption