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Turbo Expander-Global Market Insights and Sales Trends 2025

Turbo Expander-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1817471

No of Pages : 110

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 size is expected to reach US$ 676.6 million by 2029, growing at a CAGR of 3.4% from 2023 to 2029. The market is mainly driven by the significant applications of Turbo Expander in various end use industries. The expanding demands from the Air Separation, Liquefied Natural Gas(LNG), Petrochemical Processing and Waste Heat or Other Power Recovery, are propelling Turbo Expander market. Radial-Axial Turbo Expander, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Radial Turbo Expander segment is estimated at % CAGR for the next seven-year period.
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%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Turbo Expander, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Turbo Expander market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Turbo Expander market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Turbo Expander sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Turbo Expander covered in this report include Cryostar, Atlas Copco, GE(Baker Hughes), Air Products, ACD, L.A. Turbine, Turbogaz, Samsung and RMG, etc.
The global Turbo Expander market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Turbo Expander market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Turbo Expander market, Segment by Type:
Radial-Axial Turbo Expander
Radial Turbo Expander
Axial Turbo Expander
Global Turbo Expander market, by Application
Air Separation
Liquefied Natural Gas(LNG)
Petrochemical Processing
Waste Heat or Other Power Recovery
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Turbo Expander manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Turbo Expander in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Turbo Expander Market Overview
1.1 Turbo Expander Product Overview
1.2 Turbo Expander Market Segment by Type
1.2.1 Radial-Axial Turbo Expander
1.2.2 Radial Turbo Expander
1.2.3 Axial Turbo Expander
1.3 Global Turbo Expander Market Size by Type
1.3.1 Global Turbo Expander Market Size Overview by Type (2018-2029)
1.3.2 Global Turbo Expander Historic Market Size Review by Type (2018-2023)
1.3.3 Global Turbo Expander Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Turbo Expander Sales Breakdown by Type (2018-2023)
1.4.2 Europe Turbo Expander Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Turbo Expander Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Turbo Expander Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Turbo Expander Sales Breakdown by Type (2018-2023)
2 Global Turbo Expander Market Competition by Company
2.1 Global Top Players by Turbo Expander Sales (2018-2023)
2.2 Global Top Players by Turbo Expander Revenue (2018-2023)
2.3 Global Top Players by Turbo Expander Price (2018-2023)
2.4 Global Top Manufacturers Turbo Expander Manufacturing Base Distribution, Sales Area, Product Type
2.5 Turbo Expander Market Competitive Situation and Trends
2.5.1 Turbo Expander Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Turbo Expander Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Turbo Expander as of 2022)
2.7 Date of Key Manufacturers Enter into Turbo Expander Market
2.8 Key Manufacturers Turbo Expander Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Turbo Expander Status and Outlook by Region
3.1 Global Turbo Expander Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Turbo Expander Historic Market Size by Region
3.2.1 Global Turbo Expander Sales in Volume by Region (2018-2023)
3.2.2 Global Turbo Expander Sales in Value by Region (2018-2023)
3.2.3 Global Turbo Expander Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Turbo Expander Forecasted Market Size by Region
3.3.1 Global Turbo Expander Sales in Volume by Region (2024-2029)
3.3.2 Global Turbo Expander Sales in Value by Region (2024-2029)
3.3.3 Global Turbo Expander Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Turbo Expander by Application
4.1 Turbo Expander Market Segment by Application
4.1.1 Air Separation
4.1.2 Liquefied Natural Gas(LNG)
4.1.3 Petrochemical Processing
4.1.4 Waste Heat or Other Power Recovery
4.1.5 Others
4.2 Global Turbo Expander Market Size by Application
4.2.1 Global Turbo Expander Market Size Overview by Application (2018-2029)
4.2.2 Global Turbo Expander Historic Market Size Review by Application (2018-2023)
4.2.3 Global Turbo Expander Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Turbo Expander Sales Breakdown by Application (2018-2023)
4.3.2 Europe Turbo Expander Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Turbo Expander Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Turbo Expander Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Turbo Expander Sales Breakdown by Application (2018-2023)
5 North America Turbo Expander by Country
5.1 North America Turbo Expander Historic Market Size by Country
5.1.1 North America Turbo Expander Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Turbo Expander Sales in Volume by Country (2018-2023)
5.1.3 North America Turbo Expander Sales in Value by Country (2018-2023)
5.2 North America Turbo Expander Forecasted Market Size by Country
5.2.1 North America Turbo Expander Sales in Volume by Country (2024-2029)
5.2.2 North America Turbo Expander Sales in Value by Country (2024-2029)
6 Europe Turbo Expander by Country
6.1 Europe Turbo Expander Historic Market Size by Country
6.1.1 Europe Turbo Expander Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Turbo Expander Sales in Volume by Country (2018-2023)
6.1.3 Europe Turbo Expander Sales in Value by Country (2018-2023)
6.2 Europe Turbo Expander Forecasted Market Size by Country
6.2.1 Europe Turbo Expander Sales in Volume by Country (2024-2029)
6.2.2 Europe Turbo Expander Sales in Value by Country (2024-2029)
7 Asia-Pacific Turbo Expander by Region
7.1 Asia-Pacific Turbo Expander Historic Market Size by Region
7.1.1 Asia-Pacific Turbo Expander Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Turbo Expander Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Turbo Expander Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Turbo Expander Forecasted Market Size by Region
7.2.1 Asia-Pacific Turbo Expander Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Turbo Expander Sales in Value by Region (2024-2029)
8 Latin America Turbo Expander by Country
8.1 Latin America Turbo Expander Historic Market Size by Country
8.1.1 Latin America Turbo Expander Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Turbo Expander Sales in Volume by Country (2018-2023)
8.1.3 Latin America Turbo Expander Sales in Value by Country (2018-2023)
8.2 Latin America Turbo Expander Forecasted Market Size by Country
8.2.1 Latin America Turbo Expander Sales in Volume by Country (2024-2029)
8.2.2 Latin America Turbo Expander Sales in Value by Country (2024-2029)
9 Middle East and Africa Turbo Expander by Country
9.1 Middle East and Africa Turbo Expander Historic Market Size by Country
9.1.1 Middle East and Africa Turbo Expander Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Turbo Expander Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Turbo Expander Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Turbo Expander Forecasted Market Size by Country
9.2.1 Middle East and Africa Turbo Expander Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Turbo Expander Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Cryostar
10.1.1 Cryostar Company Information
10.1.2 Cryostar Introduction and Business Overview
10.1.3 Cryostar Turbo Expander Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Cryostar Turbo Expander Products Offered
10.1.5 Cryostar Recent Development
10.2 Atlas Copco
10.2.1 Atlas Copco Company Information
10.2.2 Atlas Copco Introduction and Business Overview
10.2.3 Atlas Copco Turbo Expander Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Atlas Copco Turbo Expander Products Offered
10.2.5 Atlas Copco Recent Development
10.3 GE(Baker Hughes)
10.3.1 GE(Baker Hughes) Company Information
10.3.2 GE(Baker Hughes) Introduction and Business Overview
10.3.3 GE(Baker Hughes) Turbo Expander Sales, Revenue and Gross Margin (2018-2023)
10.3.4 GE(Baker Hughes) Turbo Expander Products Offered
10.3.5 GE(Baker Hughes) Recent Development
10.4 Air Products
10.4.1 Air Products Company Information
10.4.2 Air Products Introduction and Business Overview
10.4.3 Air Products Turbo Expander Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Air Products Turbo Expander Products Offered
10.4.5 Air Products Recent Development
10.5 ACD
10.5.1 ACD Company Information
10.5.2 ACD Introduction and Business Overview
10.5.3 ACD Turbo Expander Sales, Revenue and Gross Margin (2018-2023)
10.5.4 ACD Turbo Expander Products Offered
10.5.5 ACD Recent Development
10.6 L.A. Turbine
10.6.1 L.A. Turbine Company Information
10.6.2 L.A. Turbine Introduction and Business Overview
10.6.3 L.A. Turbine Turbo Expander Sales, Revenue and Gross Margin (2018-2023)
10.6.4 L.A. Turbine Turbo Expander Products Offered
10.6.5 L.A. Turbine Recent Development
10.7 Turbogaz
10.7.1 Turbogaz Company Information
10.7.2 Turbogaz Introduction and Business Overview
10.7.3 Turbogaz Turbo Expander Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Turbogaz Turbo Expander Products Offered
10.7.5 Turbogaz Recent Development
10.8 Samsung
10.8.1 Samsung Company Information
10.8.2 Samsung Introduction and Business Overview
10.8.3 Samsung Turbo Expander Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Samsung Turbo Expander Products Offered
10.8.5 Samsung Recent Development
10.9 RMG
10.9.1 RMG Company Information
10.9.2 RMG Introduction and Business Overview
10.9.3 RMG Turbo Expander Sales, Revenue and Gross Margin (2018-2023)
10.9.4 RMG Turbo Expander Products Offered
10.9.5 RMG Recent Development
10.10 Hangyang Group
10.10.1 Hangyang Group Company Information
10.10.2 Hangyang Group Introduction and Business Overview
10.10.3 Hangyang Group Turbo Expander Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Hangyang Group Turbo Expander Products Offered
10.10.5 Hangyang Group Recent Development
10.11 SASPG
10.11.1 SASPG Company Information
10.11.2 SASPG Introduction and Business Overview
10.11.3 SASPG Turbo Expander Sales, Revenue and Gross Margin (2018-2023)
10.11.4 SASPG Turbo Expander Products Offered
10.11.5 SASPG Recent Development
10.12 HNEC
10.12.1 HNEC Company Information
10.12.2 HNEC Introduction and Business Overview
10.12.3 HNEC Turbo Expander Sales, Revenue and Gross Margin (2018-2023)
10.12.4 HNEC Turbo Expander Products Offered
10.12.5 HNEC Recent Development
10.13 Suzhou Xida
10.13.1 Suzhou Xida Company Information
10.13.2 Suzhou Xida Introduction and Business Overview
10.13.3 Suzhou Xida Turbo Expander Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Suzhou Xida Turbo Expander Products Offered
10.13.5 Suzhou Xida Recent Development
10.14 Beifang Asp
10.14.1 Beifang Asp Company Information
10.14.2 Beifang Asp Introduction and Business Overview
10.14.3 Beifang Asp Turbo Expander Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Beifang Asp Turbo Expander Products Offered
10.14.5 Beifang Asp Recent Development
10.15 Jianyang Ruite
10.15.1 Jianyang Ruite Company Information
10.15.2 Jianyang Ruite Introduction and Business Overview
10.15.3 Jianyang Ruite Turbo Expander Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Jianyang Ruite Turbo Expander Products Offered
10.15.5 Jianyang Ruite Recent Development
10.16 Huayu
10.16.1 Huayu Company Information
10.16.2 Huayu Introduction and Business Overview
10.16.3 Huayu Turbo Expander Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Huayu Turbo Expander Products Offered
10.16.5 Huayu Recent Development
10.17 Air Liquide
10.17.1 Air Liquide Company Information
10.17.2 Air Liquide Introduction and Business Overview
10.17.3 Air Liquide Turbo Expander Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Air Liquide Turbo Expander Products Offered
10.17.5 Air Liquide Recent Development
10.18 Hanwha
10.18.1 Hanwha Company Information
10.18.2 Hanwha Introduction and Business Overview
10.18.3 Hanwha Turbo Expander Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Hanwha Turbo Expander Products Offered
10.18.5 Hanwha Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Turbo Expander Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Turbo Expander Industrial Chain Analysis
11.4 Turbo Expander Market Dynamics
11.4.1 Turbo Expander Industry Trends
11.4.2 Turbo Expander Market Drivers
11.4.3 Turbo Expander Market Challenges
11.4.4 Turbo Expander Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Turbo Expander Distributors
12.3 Turbo Expander Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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