Los Angeles, CA -- (SBWIRE) -- 09/25/2018 -- In terms of production side, this report researches the Turbo Expander capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Turbo Expander by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

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 industry mainly concentrates in China, Europe and North America. The global leading players in this market are Cryostar, Atlas Copco and GE oil &gas, which accounts for 34.97% of total consumption value. In China the market leaders are Hangyang Group, SASPG and HNEC.

Although sales of turbo expander products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the turbo expander field hastily.

The Turbo Expander market was valued at 520 Million US$ in 2017 and is projected to reach 650 Million US$ by 2025, at a CAGR of 2.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Turbo Expander.

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This report includes the following manufacturers; we can also add the other companies as you want.

Cryostar

Atlas Copco

GE oil &gas

Air Products

ACD

L.A. Turbine

Turbogaz

Samsung

RMG

Hangyang Group

SASPG

HNEC

Suzhou Xida

Beifang Asp

Jianyang Ruite

Huayu

Market Segment by Product Type

Radial-Axial Turbo Expander

Radial Turbo Expander

Axial Turbo Expander

Market Segment by Application

Air separation

Liquefied Natural Gas(LNG)

Petrochemical processing

Waste heat or other power recovery

Others

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