The Turbo Expander market size is expected to grow at a CAGR of 6% during the forecast period 2022-2028. A turbo expander, also known as an expansion turbine, is a device that converts kinetic energy into mechanical energy by delivering high-pressure expansion gas through a turbine. High-pressure gas allows the turbine to rotate and pass towards the shaft, stores the power used to drive the compressor and generator, and is distributed through oil brakes or air brakes. This expander uses Joule-Thompson technology, in which a gas or liquid changes its temperature due to forced movement.
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Company Profile
- ACD
- A. Turbine
- Turbogaz
- Samsung
- RMG
- Hangyang Group
- SASPG
- HNEC
Market Segmentation
By Type:
- Radial-Axial Turbo Expander
- Radial Turbo Expander
- Axial Turbo Expander
By Application:
- Air separation
- Liquefied Natural Gas (LNG)
- Petrochemical processing
- Waste heat or other power recovery
Scope of the Report
The research study analyzes the Turbo-expanders Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Turbo-expanders Market Report
- What was the Turbo-expanders Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Turbo-expanders Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Turbo-expanders Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Turbo-expanders market.
- The market share of the Turbo-expanders market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Turbo-expanders market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Turbo-expanders market.
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