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PUBLISHER: KBV Research | PRODUCT CODE: 1093566

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PUBLISHER: KBV Research | PRODUCT CODE: 1093566

North America Turboexpander Market Size, Share & Industry Trends Analysis Report By Product (Radial Flow and Axial Flow), By Loading Device, By Application, By End-use, By Power Capacity, By Country and Growth Forecast, 2022 - 2028

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The North America Turboexpander Market would witness market growth of 3.8% CAGR during the forecast period (2022-2028).

The energy output is proportional to pressure ratio, temperature, and flow rate. In a turbo-expander, the gas is cooled by the Joule-Thomson effect. The larger the flow maximum pressure difference, the greater the potential energy output. Using a turbo-expander instead of a standard Joule-Thomson valve can help chill a wide range of processes, including dewpoint, refrigeration, and natural gas liquefaction. Modern turbo-expander installations use efficient methods for dealing with this temperature loss in particular conditions.

There are two main configurations for turbo-expander generators, one with the generator installed directly on the turbine shaft, and the other with a connection via speed-reducing gears. Multi-staging is possible with an integral gearing option, which allows numerous expander stages to be installed on a single gearbox. Skid-mounted turbo-expander generators simplify transportation and lower installation costs.

The oil and gas and mining industries in the United States are major export markets for machinery, equipment, and overall supply chain items and services. U.S. manufacturers have a huge cost advantage over competitors due to their embrace of innovative technology and cost leadership.

Canada possesses the world's third-largest crude oil reserves, accounting for 97 percent of the country's 171 billion barrels. The geological basin for natural gas production in Canada is shared by Alberta, Saskatchewan, and British Columbia. Meanwhile, shale gas deposits can be discovered in practically every Canadian province. The oil and natural gas sectors are important drivers of the Canadian economy, accounting for 7% of GDP and employing more than 500,000 people across the country.

The US market dominated the North America Turboexpander Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $235.1 million by 2028. The Canada market is estimated to grow at a CAGR of 6.1% during (2022 - 2028). Additionally, The Mexico market would display a CAGR of 5.2% during (2022 - 2028).

Based on Product, the market is segmented into Radial Flow and Axial Flow. Based on Loading Device, the market is segmented into Compressor, Generator, and Hydraulic/Oil-brake. Based on Application, the market is segmented into Cryogenic, Air Separation, Oil & Gas Processing, and Others. Based on End-use, the market is segmented into Oil & Gas, Energy & Power, Chemical & Petrochemicals, and Others. Based on Power Capacity, the market is segmented into 1MW - 4 MW, 5MW - 9MW, Less than 1 MW, 10MW - 19MW, 20MW - 24 MW, 25 MW - 40 MW, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Baker Hughes Company, Siemens AG, Atlas Copco AB, Cryostar, Air Products and Chemicals, Inc., Chart Industries, Inc., MAN Energy Solutions SE, Elliott Group, and R&D Dynamics Corporation.

Scope of the Study

Market Segments covered in the Report:

By Product

  • Radial Flow
  • Axial Flow

By Loading Device

  • Compressor
  • Generator
  • Hydraulic/Oil-brake

By Application

  • Cryogenic
  • Air Separation
  • Oil & Gas Processing
  • Others

By End-use

  • Oil & Gas
  • Energy & Power
  • Chemical & Petrochemicals
  • Others

By Power Capacity

  • 1MW - 4 MW
  • 5MW - 9MW
  • Less than 1 MW
  • 10MW - 19MW
  • 20MW - 24 MW
  • 25 MW - 40 MW
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Companies Profiled

  • Honeywell International, Inc.
  • Baker Hughes Company
  • Siemens AG
  • Atlas Copco AB
  • Cryostar
  • Air Products and Chemicals, Inc.
  • Chart Industries, Inc.
  • MAN Energy Solutions SE
  • Elliott Group
  • R&D Dynamics Corporation

Unique Offerings from KBV Research

  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 North America Turboexpander Market, by Product
    • 1.4.2 North America Turboexpander Market, by Loading Device
    • 1.4.3 North America Turboexpander Market, by Application
    • 1.4.4 North America Turboexpander Market, by End-use
    • 1.4.5 North America Turboexpander Market, by Power Capacity
    • 1.4.6 North America Turboexpander Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market Overview

  • 2.1 Introduction
    • 2.1.1 Overview
      • 2.1.1.1 Market Composition and Scenario
  • 2.2 Key Factors Impacting the Market
    • 2.2.1 Market Drivers
    • 2.2.2 Market Restraints

Chapter 3. Strategies deployed in Turboexpander Market

Chapter 4. North America Turboexpander Market by Product

  • 4.1 North America Radial Flow Market by Country
  • 4.2 North America Axial Flow Market by Country

Chapter 5. North America Turboexpander Market by Loading Device

  • 5.1 North America Compressor Market by Country
  • 5.2 North America Generator Market by Country
  • 5.3 North America Hydraulic/Oil-brake Market by Country

Chapter 6. North America Turboexpander Market by Application

  • 6.1 North America Cryogenic Market by Country
  • 6.2 North America Air Separation Market by Country
  • 6.3 North America Oil & Gas Processing Market by Country
  • 6.4 North America Others Market by Country

Chapter 7. North America Turboexpander Market by End-use

  • 7.1 North America Oil & Gas Market by Country
  • 7.2 North America Energy & Power Market by Country
  • 7.3 North America Chemical & Petrochemicals Market by Country
  • 7.4 North America Others Market by Country

Chapter 8. North America Turboexpander Market by Power Capacity

  • 8.1 North America 1MW - 4 MW Market by Country
  • 8.2 North America 5MW - 9MW Market by Country
  • 8.3 North America Less than 1 MW Market by Country
  • 8.4 North America 10MW - 19MW Market by Country
  • 8.5 North America 20MW - 24 MW Market by Country
  • 8.6 North America 25 MW - 40 MW Market by Country
  • 8.7 North America Others Market by Country

Chapter 9. North America Turboexpander Market by Country

  • 9.1 US Turboexpander Market
    • 9.1.1 US Turboexpander Market by Product
    • 9.1.2 US Turboexpander Market by Loading Device
    • 9.1.3 US Turboexpander Market by Application
    • 9.1.4 US Turboexpander Market by End-use
    • 9.1.5 US Turboexpander Market by Power Capacity
  • 9.2 Canada Turboexpander Market
    • 9.2.1 Canada Turboexpander Market by Product
    • 9.2.2 Canada Turboexpander Market by Loading Device
    • 9.2.3 Canada Turboexpander Market by Application
    • 9.2.4 Canada Turboexpander Market by End-use
    • 9.2.5 Canada Turboexpander Market by Power Capacity
  • 9.3 Mexico Turboexpander Market
    • 9.3.1 Mexico Turboexpander Market by Product
    • 9.3.2 Mexico Turboexpander Market by Loading Device
    • 9.3.3 Mexico Turboexpander Market by Application
    • 9.3.4 Mexico Turboexpander Market by End-use
    • 9.3.5 Mexico Turboexpander Market by Power Capacity
  • 9.4 Rest of North America Turboexpander Market
    • 9.4.1 Rest of North America Turboexpander Market by Product
    • 9.4.2 Rest of North America Turboexpander Market by Loading Device
    • 9.4.3 Rest of North America Turboexpander Market by Application
    • 9.4.4 Rest of North America Turboexpander Market by End-use
    • 9.4.5 Rest of North America Turboexpander Market by Power Capacity

Chapter 10. Company Profiles

  • 10.1 Honeywell International, Inc.
    • 10.1.1 Company Overview
    • 10.1.2 Financial Analysis
    • 10.1.3 Segmental and Regional Analysis
    • 10.1.4 Research & Development Expenses
  • 10.2 Baker Hughes Company
    • 10.2.1 Company Overview
    • 10.2.2 Financial Analysis
    • 10.2.3 Segmental and Regional Analysis
    • 10.2.4 Research & Development Expenses
    • 10.2.5 Recent strategies and developments:
      • 10.2.5.1 Acquisition and Mergers:
      • 10.2.5.2 Geographical Expansions:
  • 10.3 Siemens AG
    • 10.3.1 Company Overview
    • 10.3.2 Financial Analysis
    • 10.3.3 Segmental and Regional Analysis
    • 10.3.4 Research & Development Expense
    • 10.3.5 SWOT Analysis
  • 10.4 Atlas Copco AB
    • 10.4.1 Company Overview
    • 10.4.2 Financial Analysis
    • 10.4.3 Segmental and Regional Analysis
    • 10.4.4 Research & Development Expense
    • 10.4.5 Recent strategies and developments:
      • 10.4.5.1 Partnerships, Collaborations and Agreements:
      • 10.4.5.2 Product Launches and Product Expansion:
  • 10.5 Cryostar (Linde plc)
    • 10.5.1 Company Overview
    • 10.5.2 Financial Analysis
    • 10.5.3 Segmental Analysis
    • 10.5.4 Research & Development Expenses
  • 10.6 Air Products and Chemicals, Inc.
    • 10.6.1 Company Overview
    • 10.6.2 Financial Analysis
    • 10.6.3 Segmental and Regional Analysis
    • 10.6.4 Research & Development Expenses
    • 10.6.5 Recent strategies and developments:
      • 10.6.5.1 Partnerships, Collaborations, and Agreements:
      • 10.6.5.2 Acquisition and Mergers:
  • 10.7 Chart Industries, Inc. (First Reserve)
    • 10.7.1 Company Overview
    • 10.7.2 Financial Analysis
    • 10.7.3 Segmental and Regional Analysis
    • 10.7.4 Research & Development Expenses
    • 10.7.5 Recent strategies and developments:
      • 10.7.5.1 Acquisition and Mergers:
  • 10.8 MAN Energy Solutions SE (Volkswagen Group)
    • 10.8.1 Company Overview
    • 10.8.2 Financial Analysis
    • 10.8.3 Segmental and Regional Analysis
    • 10.8.4 Research & Development Expenses
  • 10.9 Elliott Group (Ebara Corporation)
    • 10.9.1 Company Overview
    • 10.9.2 Financial Analysis
    • 10.9.3 Segmental and Regional Analysis
    • 10.9.4 Research & Development Expenses
  • 10.10. R&D Dynamics Corporation
    • 10.10.1 Company Overview

LIST OF TABLES

  • TABLE 1 North America Turboexpander Market, 2018 - 2021, USD Million
  • TABLE 2 North America Turboexpander Market, 2022 - 2028, USD Million
  • TABLE 3 North America Turboexpander Market by Product, 2018 - 2021, USD Million
  • TABLE 4 North America Turboexpander Market by Product, 2022 - 2028, USD Million
  • TABLE 5 North America Radial Flow Market by Country, 2018 - 2021, USD Million
  • TABLE 6 North America Radial Flow Market by Country, 2022 - 2028, USD Million
  • TABLE 7 North America Axial Flow Market by Country, 2018 - 2021, USD Million
  • TABLE 8 North America Axial Flow Market by Country, 2022 - 2028, USD Million
  • TABLE 9 North America Turboexpander Market by Loading Device, 2018 - 2021, USD Million
  • TABLE 10 North America Turboexpander Market by Loading Device, 2022 - 2028, USD Million
  • TABLE 11 North America Compressor Market by Country, 2018 - 2021, USD Million
  • TABLE 12 North America Compressor Market by Country, 2022 - 2028, USD Million
  • TABLE 13 North America Generator Market by Country, 2018 - 2021, USD Million
  • TABLE 14 North America Generator Market by Country, 2022 - 2028, USD Million
  • TABLE 15 North America Hydraulic/Oil-brake Market by Country, 2018 - 2021, USD Million
  • TABLE 16 North America Hydraulic/Oil-brake Market by Country, 2022 - 2028, USD Million
  • TABLE 17 North America Turboexpander Market by Application, 2018 - 2021, USD Million
  • TABLE 18 North America Turboexpander Market by Application, 2022 - 2028, USD Million
  • TABLE 19 North America Cryogenic Market by Country, 2018 - 2021, USD Million
  • TABLE 20 North America Cryogenic Market by Country, 2022 - 2028, USD Million
  • TABLE 21 North America Air Separation Market by Country, 2018 - 2021, USD Million
  • TABLE 22 North America Air Separation Market by Country, 2022 - 2028, USD Million
  • TABLE 23 North America Oil & Gas Processing Market by Country, 2018 - 2021, USD Million
  • TABLE 24 North America Oil & Gas Processing Market by Country, 2022 - 2028, USD Million
  • TABLE 25 North America Others Market by Country, 2018 - 2021, USD Million
  • TABLE 26 North America Others Market by Country, 2022 - 2028, USD Million
  • TABLE 27 North America Turboexpander Market by End-use, 2018 - 2021, USD Million
  • TABLE 28 North America Turboexpander Market by End-use, 2022 - 2028, USD Million
  • TABLE 29 North America Oil & Gas Market by Country, 2018 - 2021, USD Million
  • TABLE 30 North America Oil & Gas Market by Country, 2022 - 2028, USD Million
  • TABLE 31 North America Energy & Power Market by Country, 2018 - 2021, USD Million
  • TABLE 32 North America Energy & Power Market by Country, 2022 - 2028, USD Million
  • TABLE 33 North America Chemical & Petrochemicals Market by Country, 2018 - 2021, USD Million
  • TABLE 34 North America Chemical & Petrochemicals Market by Country, 2022 - 2028, USD Million
  • TABLE 35 North America Others Market by Country, 2018 - 2021, USD Million
  • TABLE 36 North America Others Market by Country, 2022 - 2028, USD Million
  • TABLE 37 North America Turboexpander Market by Power Capacity, 2018 - 2021, USD Million
  • TABLE 38 North America Turboexpander Market by Power Capacity, 2022 - 2028, USD Million
  • TABLE 39 North America 1MW - 4 MW Market by Country, 2018 - 2021, USD Million
  • TABLE 40 North America 1MW - 4 MW Market by Country, 2022 - 2028, USD Million
  • TABLE 41 North America 5MW - 9MW Market by Country, 2018 - 2021, USD Million
  • TABLE 42 North America 5MW - 9MW Market by Country, 2022 - 2028, USD Million
  • TABLE 43 North America Less than 1 MW Market by Country, 2018 - 2021, USD Million
  • TABLE 44 North America Less than 1 MW Market by Country, 2022 - 2028, USD Million
  • TABLE 45 North America 10MW - 19MW Market by Country, 2018 - 2021, USD Million
  • TABLE 46 North America 10MW - 19MW Market by Country, 2022 - 2028, USD Million
  • TABLE 47 North America 20MW - 24 MW Market by Country, 2018 - 2021, USD Million
  • TABLE 48 North America 25 MW - 40 MW Market by Country, 2018 - 2021, USD Million
  • TABLE 49 North America 25 MW - 40 MW Market by Country, 2022 - 2028, USD Million
  • TABLE 50 North America Others Market by Country, 2018 - 2021, USD Million
  • TABLE 51 North America Others Market by Country, 2022 - 2028, USD Million
  • TABLE 52 North America Turboexpander Market by Country, 2018 - 2021, USD Million
  • TABLE 53 North America Turboexpander Market by Country, 2022 - 2028, USD Million
  • TABLE 54 US Turboexpander Market, 2018 - 2021, USD Million
  • TABLE 55 US Turboexpander Market, 2022 - 2028, USD Million
  • TABLE 56 US Turboexpander Market by Product, 2018 - 2021, USD Million
  • TABLE 57 US Turboexpander Market by Product, 2022 - 2028, USD Million
  • TABLE 58 US Turboexpander Market by Loading Device, 2018 - 2021, USD Million
  • TABLE 59 US Turboexpander Market by Loading Device, 2022 - 2028, USD Million
  • TABLE 60 US Turboexpander Market by Application, 2018 - 2021, USD Million
  • TABLE 61 US Turboexpander Market by Application, 2022 - 2028, USD Million
  • TABLE 62 US Turboexpander Market by End-use, 2018 - 2021, USD Million
  • TABLE 63 US Turboexpander Market by End-use, 2022 - 2028, USD Million
  • TABLE 64 US Turboexpander Market by Power Capacity, 2018 - 2021, USD Million
  • TABLE 65 US Turboexpander Market by Power Capacity, 2022 - 2028, USD Million
  • TABLE 66 Canada Turboexpander Market, 2018 - 2021, USD Million
  • TABLE 67 Canada Turboexpander Market, 2022 - 2028, USD Million
  • TABLE 68 Canada Turboexpander Market by Product, 2018 - 2021, USD Million
  • TABLE 69 Canada Turboexpander Market by Product, 2022 - 2028, USD Million
  • TABLE 70 Canada Turboexpander Market by Loading Device, 2018 - 2021, USD Million
  • TABLE 71 Canada Turboexpander Market by Loading Device, 2022 - 2028, USD Million
  • TABLE 72 Canada Turboexpander Market by Application, 2018 - 2021, USD Million
  • TABLE 73 Canada Turboexpander Market by Application, 2022 - 2028, USD Million
  • TABLE 74 Canada Turboexpander Market by End-use, 2018 - 2021, USD Million
  • TABLE 75 Canada Turboexpander Market by End-use, 2022 - 2028, USD Million
  • TABLE 76 Canada Turboexpander Market by Power Capacity, 2018 - 2021, USD Million
  • TABLE 77 Canada Turboexpander Market by Power Capacity, 2022 - 2028, USD Million
  • TABLE 78 Mexico Turboexpander Market, 2018 - 2021, USD Million
  • TABLE 79 Mexico Turboexpander Market, 2022 - 2028, USD Million
  • TABLE 80 Mexico Turboexpander Market by Product, 2018 - 2021, USD Million
  • TABLE 81 Mexico Turboexpander Market by Product, 2022 - 2028, USD Million
  • TABLE 82 Mexico Turboexpander Market by Loading Device, 2018 - 2021, USD Million
  • TABLE 83 Mexico Turboexpander Market by Loading Device, 2022 - 2028, USD Million
  • TABLE 84 Mexico Turboexpander Market by Application, 2018 - 2021, USD Million
  • TABLE 85 Mexico Turboexpander Market by Application, 2022 - 2028, USD Million
  • TABLE 86 Mexico Turboexpander Market by End-use, 2018 - 2021, USD Million
  • TABLE 87 Mexico Turboexpander Market by End-use, 2022 - 2028, USD Million
  • TABLE 88 Mexico Turboexpander Market by Power Capacity, 2018 - 2021, USD Million
  • TABLE 89 Mexico Turboexpander Market by Power Capacity, 2022 - 2028, USD Million
  • TABLE 90 Rest of North America Turboexpander Market, 2018 - 2021, USD Million
  • TABLE 91 Rest of North America Turboexpander Market, 2022 - 2028, USD Million
  • TABLE 92 Rest of North America Turboexpander Market by Product, 2018 - 2021, USD Million
  • TABLE 93 Rest of North America Turboexpander Market by Product, 2022 - 2028, USD Million
  • TABLE 94 Rest of North America Turboexpander Market by Loading Device, 2018 - 2021, USD Million
  • TABLE 95 Rest of North America Turboexpander Market by Loading Device, 2022 - 2028, USD Million
  • TABLE 96 Rest of North America Turboexpander Market by Application, 2018 - 2021, USD Million
  • TABLE 97 Rest of North America Turboexpander Market by Application, 2022 - 2028, USD Million
  • TABLE 98 Rest of North America Turboexpander Market by End-use, 2018 - 2021, USD Million
  • TABLE 99 Rest of North America Turboexpander Market by End-use, 2022 - 2028, USD Million
  • TABLE 100 Rest of North America Turboexpander Market by Power Capacity, 2018 - 2021, USD Million
  • TABLE 101 Rest of North America Turboexpander Market by Power Capacity, 2022 - 2028, USD Million
  • TABLE 102 Key Information - Honeywell International, Inc.
  • TABLE 103 Key Information - Baker Hughes Company
  • TABLE 104 Key Information - Siemens AG
  • TABLE 105 Key Information - Atlas Copco AB
  • TABLE 106 Key Information - Cryostar
  • TABLE 107 Key Information - Air Products and Chemicals, Inc.
  • TABLE 108 Key Information - Chart Industries, Inc.
  • TABLE 109 Key Information - MAN Energy Solutions SE
  • TABLE 110 Key Information - Elliott Group
  • TABLE 111 Key Information - R&D Dynamics Corporation

List of Figures

  • FIG 1 Methodology for the research
  • FIG 2 Recent strategies and developments: Baker Hughes Company
  • FIG 3 Swot analysis: Siemens AG
  • FIG 4 Recent strategies and developments: Atlas Copco AB
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