터보 압축기 시장 예측(-2030년) : 유형별, 스테이지별, 출력 압력별, 판매채널별, 용도별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Turbocompressor Market is accounted for $20.33 billion in 2024 and is expected to reach $31.20 billion by 2030 growing at a CAGR of 7.4% during the forecast period. A turbocompressor is a mechanical device that increases the pressure of a gas by using a rotating impeller or rotor, driven by a turbine. It operates by drawing gas into the compressor section, where it is compressed through dynamic action and expelled at a higher pressure. Turbocompressors are commonly used in applications requiring high efficiency and flow rates, such as in gas turbines, industrial processes, and HVAC systems. Their design can vary to handle different gases and operating conditions, making them versatile for various industries, including the petrochemical, aerospace, and automotive sectors.

Market Dynamics:

Driver:

Growing industrialization

Growing industrialization is a significant driver in the turbocompressor market due to increasing demand across various sectors. As industries expand, the need for efficient and powerful compression systems for air, gas, and refrigeration applications rises. Turbocompressors, known for their high efficiency and capacity, are essential in power plants, chemical processing, oil and gas refineries, and manufacturing facilities. This growth is fueled by industrial modernization, higher energy demands, and the pursuit of optimized production processes, leading to increased adoption and development of advanced turbocompressor technologies.

Restraint:

Dependency on End-user Industries

The dependency on end-user industries acts as a restraint on the turbocompressor market due to its susceptibility to fluctuations in these industries. Turbocompressors find application in various sectors like oil and gas, power generation, and manufacturing, among others. When these industries experience downturns or shifts in demand, the demand for turbocompressors is directly affected. Economic downturns, regulatory changes, or technological advancements impacting these end-user industries can slow down investment in turbocompressor technology.

Opportunity:

Growing number of wastewater treatment plants

The growing number of wastewater treatment plants presents a significant opportunity in the turbocompressor market. As environmental regulations become stricter, there is a heightened demand for efficient and reliable equipment to manage wastewater treatment processes. Turbocompressors play a crucial role in aeration systems, which are essential for biological treatment in wastewater plants. With the expansion of urban areas and industrial activities, the need for wastewater treatment is escalating, further driving the demand for turbocompressors. Additionally, advancements in turbocompressor technology, such as improved energy efficiency and lower maintenance requirements, make them increasingly attractive for wastewater treatment applications.

Threat:

Substitute products such as rotatory screw compressors

Rotary screw compressors pose a significant threat in the turbocompressor market due to their ability to serve as substitute products offering similar functionalities. While turbocompressors are known for their high efficiency and compact design, rotary screw compressors compete by providing cost-effective solutions with lower maintenance requirements. The threat intensifies as rotary screw compressors continue to advance technologically, narrowing the performance gap with turbocompressors. Additionally, buyers may opt for rotary screw compressors if they prioritize initial cost savings over long-term efficiency.

Covid-19 Impact:

The COVID-19 pandemic significantly impacted the turbocompressor market. With industries shutting down or reducing operations globally due to lockdown measures, the demand for turbocompressors, primarily used in various industrial applications including oil and gas, chemicals, and power generation, saw a steep decline. Uncertainty and financial constraints led to deferred investments in new projects, affecting the sales of turbocompressors. However, as economies gradually reopen and industrial activities resume, the market is expected to recover, driven by increased demand for energy and infrastructure projects.

The hydraulic turbocompressors segment is expected to be the largest during the forecast period

The growth of hydraulic turbocompressors in the turbocompressor market has been remarkable due to several key factors. Advancements in hydraulic turbine technology have led to increased efficiency and reliability, making hydraulic turbocompressors a preferred choice in various industrial applications. The growing demand for energy-efficient solutions has driven the adoption of hydraulic turbocompressors, as they offer higher energy efficiency compared to traditional compressors. Additionally, the expanding industrial sector, especially in sectors like oil and gas, power generation, and wastewater treatment, has created a significant demand for hydraulic turbocompressors to meet the increasing need for compressed air and gas.

The Offshore segment is expected to have the highest CAGR during the forecast period

The offshore segment of the turbocompressor market has seen significant growth due to the expansion of offshore oil and gas exploration and production activities that has increased the demand for turbocompressors to maintain optimal operations. Additionally, the rise in offshore wind energy projects has further propelled the demand for these compressors for power generation. The need for efficient compression solutions in harsh offshore environments has also driven market growth.

Region with largest share:

In recent years, North America has experienced significant growth in the turbocompressor market, driven by several factors. The region's expanding industrial sector, particularly in oil and gas, chemicals, and power generation, has fuelled the demand for efficient compression solutions. Additionally, stringent environmental regulations have prompted industries to adopt more energy-efficient technologies, further boosting the market for turbocompressors. The shale gas revolution in the United States has led to increased investments in gas processing infrastructure, creating a substantial demand for turbocompressor systems.

Region with highest CAGR:

The Asia-Pacific region has witnessed significant growth in the turbocompressor market due to various factors. Rapid industrialization, particularly in emerging economies like China and India, has propelled the demand for turbocompressors across sectors such as oil and gas, power generation, and chemical processing. Moreover, stringent environmental regulations have encouraged industries to adopt energy-efficient solutions like turbocompressors to reduce carbon emissions. Additionally, the expansion of infrastructure projects and increasing investments in the manufacturing sector has further fuelled the demand.

Key players in the market

Some of the key players in Turbocompressor market include Atlas Copco AB, Bauer Compressors, Inc., Elliot Group Ltd, Gardner Denver, Inc., GE Oil & Gas, Howden Group Ltd, Kawasaki Heavy Industries, Kobe Steel Ltd, Man Diesel & Turbo, Mitsubishi Heavy Industries Ltd, Siemens AG, Sullivan-Palatek, Inc. and Sundyne Corporation.

Key Developments:

In June 2024, Mitsubishi Heavy Industries, Ltd. (MHI) and Thailand's largest power producer Electricity Generating Authority of Thailand (EGAT) have signed a Memorandum of Understanding (MoU) to conduct research on the introduction of hydrogen co-firing technologies for gas turbine power generation facilities.

In December 2023, Atlas Copco has made history by launching the B-Air, the first portable screw air compressor that runs on batteries. This was a major step towards carbon-free industries, and this new concept will allow the company to offer more electric products. Its features include a 55-kWh battery, a 5.4-3.7 cu m per min stable flow rate, and a 5-12 bar pressure range.

Types Covered:

• Axial Turbocompressors
• Centrifugal Turbocompressors
• Hydraulic Turbocompressors

Stages Covered:

• Single Stage
• Multi-Stage

Output Pressures Covered:

• 0 Bar-20 Bar
• 21 Bar-100 Bar
• Above 100 Bar

Sales Channels Covered:

• Distributor
• Direct Sales

Applications Covered:

• Pulp & Paper
• Textile
• Trains, Ships & Airplanes
• Water & Wastewater
• Metals

End Users Covered:

• Automotive
• Chemical
• Mining
• Offshore
• Oil & Gas
• Pharmaceuticals
• Power Generation
• Agricultural
• Industrial
• Transportation

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Turbocompressor Market, By Type

• 5.1 Introduction
• 5.2 Axial Turbocompressors
• 5.3 Centrifugal Turbocompressors
• 5.4 Hydraulic Turbocompressors

6 Global Turbocompressor Market, By Stage

• 6.1 Introduction
• 6.2 Single Stage
• 6.3 Multi-Stage

7 Global Turbocompressor Market, By Output Pressure

• 7.1 Introduction
• 7.2 0 Bar-20 Bar
• 7.3 21 Bar-100 Bar
• 7.4 Above 100 Bar

8 Global Turbocompressor Market, By Sales Channel

• 8.1 Introduction
• 8.2 Distributor
• 8.3 Direct Sales

9 Global Turbocompressor Market, By Application

• 9.1 Introduction
• 9.2 Pulp & Paper
• 9.3 Textile
• 9.4 Trains, Ships & Airplanes
• 9.5 Water & Wastewater
• 9.6 Metals

10 Global Turbocompressor Market, By End User

• 10.1 Introduction
• 10.2 Automotive
• 10.3 Chemical
• 10.4 Mining
• 10.5 Offshore
• 10.6 Oil & Gas
• 10.7 Pharmaceuticals
• 10.8 Power Generation
• 10.9 Agricultural
• 10.10 Industrial
• 10.11 Transportation

11 Global Turbocompressor Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 Atlas Copco AB
• 13.2 Bauer Compressors, Inc.
• 13.3 Elliot Group Ltd
• 13.4 Gardner Denver, Inc.
• 13.5 GE Oil & Gas
• 13.6 Howden Group Ltd
• 13.7 Kawasaki Heavy Industries
• 13.8 Kobe Steel Ltd
• 13.9 Man Diesel & Turbo
• 13.10 Mitsubishi Heavy Industries Ltd
• 13.11 Siemens AG
• 13.12 Sullivan-Palatek, Inc.
• 13.13 Sundyne Corporation