Global Turboexpander Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Turboexpander market.

Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Turboexpander market."
Turboexpander 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.
Asia Pacific is estimated to be the largest turboexpander market between 2018 and 2023. As per the BP Statistical Review of World Energy 2017, natural gas production increased from 490.6 billion cubic meters in 2010 to 579.9 billion cubic meters in 2016 in Asia Pacific, indicating a positive growth curve of the turboexpander market in this region. Factors, such as increasing investments in natural gas production plants are driving the Asia Pacific market for turboexpanders during the forecasted period.

The global Turboexpander market is valued at 530 million US$ in 2018 is expected to reach 640 million US$ by the end of 2025, growing at a CAGR of 2.5% during 2019-2025.
This report focuses on Turboexpander volume and value at global level, regional level and company level. From a global perspective, this report represents overall Turboexpander market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    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

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Radial Turboexpander
    Axial Turboexpander
    Radial-Axial Turboexpander

Segment by Application
    Liquefaction of Gases
    Power Generation