Global Turbocompressor Market by Type, Stage, End-User

1
Turbocompressor Market
Opportunities and Forecasts, 2014- 2022
2

• Global Turbocompressor Market size was estimated
  to be 11,703 million in 2015 and is expected to
  reach 18,424 million by 2022 growing at a CAGR
  of 6.5 during the forecast period of 2014-2022.
• Turbocompressor are turbo machines that
  concentrate a compressible gas with the help of a
  dynamic principle.
• In turbocompressor, the gas continuously enters
  the rotating impeller through which the
  mechanical shaft power is distributed to the
  fluid with the help of the blades that results in
  a significant pressure and temperature increase.
• The remaining kinetic flow energy is then mostly
  converted into pressure in the diffusor. The
  compressed gas is then either collected in a
  volute or transferred to a second compressor
  stage with the help of a return channel.
• The key players in the turbocompressor market
  focus on collaborations, partnerships, and
  product developments to remain competitive in the
  market.

Turbocompressor Market Overview
3
 
Turbocompressor Market Segmentation
4

• Turbocompressor are highly used in dirty and
  corrosive applications such as petrochemical
  plants, refineries, natural gas processing, coal
  gasification power stations due to their longer
  life, low maintenance, and continuous service.
• Centrifugal compressors have high adoption in gas
  turbines and auxiliary power units. These
  compressors are also used in pipeline compressors
  of natural gas, which help move the gas from the
  production site to the end consumer.
• Single stage turbocompressor are adopted in a
  wide range of end-user industries owing to their
  higher efficiencies, ease of maintenance, and
  smooth operation that ensures reliable
  performance.
• The increasing trade of LNG globally is also a
  key driver for turbocompressor industry in the
  oil gas segment.
• They are also being highly used in the power
  generation industry for smooth functioning of
  coal as well as gas power plants.

Key Factors Impact Turbocompressor Market
5

• Oil gas segment is expected to dominate the
  end-user sector in the global turbocompressor
  market from 2015 to 2022.
• In the oil gas industry, there is a wide
  requirement for turbomachinery equipment that are
  reliable and energy efficient.
• Asia-Pacific region dominated the market
  contributing to 37.0 of the global
  turbocompressor market share in 2015.
  Asia-Pacifics energy demand has been continuously
  increasing due to the growing population and
  rising consumer class.
• Centrifugal compressor was the most dominant type
  accounting for 80.7 of the overall market in
  2015.
• The centrifugal compressors market is projected
  to grow at a CAGR of 5.5 during the forecast
  period.

Turbocompressor Market Analysis
6
The top investment pockets for the global
turbocompressor market is analyzed across the
regions of North America, Europe, Asia-Pacific,
and LAMEA.
Turbocompressor Market - Top Investment Pockets
7

• Axial compressors market accounted for 2,264
  million in 2015 and is expected to grow at a CAGR
  of 10.2 during the forecast period.
• Single-stage compressors dominated the market in
  2015 and is expected to grow at a CAGR of 5.9
  during the forecast period 2016-2022.
• Power generation end-user segment is expected to
  grow at a CAGR of 8.1 during the forecast
  period.
• Asia-Pacific was the most dominant geographical
  market in 2015 and is expected to be the fastest
  growing regional market with a CAGR of 7.6.

Key Findings of the Turbocompressor Market
8
Increasing global LNG trade is one of the key
drivers for the global turbocompressor market.
Turbocompressor play a key role in the LNG trade.
These equipment are used for feed gas services to
compress natural gas and transport it along the
pipeline to the processing plant. Turbocompressor
also help the natural gas industry to improve the
efficiency and reduce their overall
cost. Nikhil Dasyam, Research Analyst,
Construction at AMR
9
Atlas Copco AB, Elliot Group Ltd, GE Oil Gas,
Howden Group Ltd, Ingersoll Rand PLC, Kawasaki
Heavy Industries Ltd, Kobe Steel Ltd, Man
Diesel Turbo, Mitsubishi Heavy Industries
Ltd, Siemens AG.
Key Players of the Turbocompressor Market
10
Thank You! For More Details
Visit us at
https//www.alliedmarketresearch.com/
Follow Us On