PUBLISHER: TechNavio | PRODUCT CODE: 2055796
PUBLISHER: TechNavio | PRODUCT CODE: 2055796
The global turbo expanders market is forecasted to grow by USD 375.7 mn during 2025-2030, accelerating at a CAGR of 5.6% during the forecast period. The report on the global turbo expanders market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by expansion of global natural gas and liquefied natural gas infrastructure, escalating adoption of energy recovery systems in heavy industrial sectors, advancements in global hydrogen economy and green energy storage.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 5.3% |
| CAGR | 5.6% |
| Incremental Value | $375.7 mn |
Technavio's global turbo expanders market is segmented as below:
By Product Type
By Type
By End-User
Geography
This study identifies the digitalization and integration of digital twin technology as one of the prime reasons driving the global turbo expanders market growth during the next few years. Also, shift toward oil-free operation with active magnetic bearings and optimization for hydrogen value chain and cryogenic liquefaction will lead to sizable demand in the market.
The report on the global turbo expanders market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global turbo expanders market vendors that include Air Liquide SA, Air Products and Chem Inc., ARANER, Atlas Copco AB, Baker Hughes Co., BORSIG GmbH, Calnetix Technologies LLC, Chart Industries Inc., Cryostar, Elliott Company, Flowserve Corp., Honeywell International Inc., IHI Corp., Kobe Steel Ltd., MAN Energy Solutions SE, Mitsubishi Heavy Industries, Nikkiso Cryogenic Industries, PBS Group AS, Rotor Tech Inc, Siemens Energy AG, TURBOGAZ PRJSC. Also, the global turbo expanders market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.