Turboexpander Market Analysis and Scope (2024 to 2031)
Turboexpander Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 1,106.97 Million |
Market Size by 2030 | US$ 1,751.48 Million |
Global CAGR (2022 - 2030) | 5.9% |
Historical Data | 2020-2021 |
Forecast period | 2022-2030 |
Segments Covered |
By Loading Device
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Turboexpander Market News and Recent Developments
The Turboexpander Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for innovations, business expansion, and strategies:
- In April 2023, Rotoflow, an Air Products business, signed a Memorandum of Understanding with SKF S2M to expand its services to turbomachinery customers through its Dharan Solutions Center in Saudi Arabia. (Source: Air Products & Chemicals Inc., Press Release/Company Website/Newsletter)
- In May 2023, Turboden Spa, Unareti Spa, and Pietro Fiorentini Spa partnered to improve the Macconago gas station in Milan, aiming for greater energy efficiency and decarbonization. The upgrade includes the installation of a 4 MWe gas expander to recover electricity from natural gas load losses. This is the largest project of its kind in Italy, demonstrating the sector's commitment to the energy transition and decarbonization of cities and the country. (Source: Turboden Spa, Press Release/Company Website/Newsletter)
Turboexpander Market Report Coverage and Deliverables
The “Turboexpander Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering the following areas:
- Turboexpander Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Turboexpander Market trends
- Detailed PEST and SWOT analysis
- Turboexpander Market analysis covering key market trends, Global and regional framework, major players, regulations, and recent market developments
- Turboexpander Market Industry, landscape and competition analysis, covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles