Press release
Turbo Compressor Market Volume Analysis, Segments, Value Share and Key Trends 2025
Based on product type, the hydraulic turbo-compressor is expected to dominate the product type segment during the forecast period. However, axial turbo-compressors are projected to grow at a significant rate during the forecast period. Axial turbo-compressors are widely preferred in steel plants, chemical industry, etc. Based on application, the oil & gas segment is estimated to dominate the market over the forecast period. Turbo-compressors are widely preferred in oil & gas industry for extraction, refining, etc.
Request Sample Report @ https://www.persistencemarketresearch.com/samples/13066
Turbo-compressor Market: Drivers
Increase in LNG (liquefied natural gas) transport is anticipated to upsurge the demand for turbo-compressors during the forecast period. Furthermore, the emergence of new oil & gas industry in Middle East & Africa region is projected to escalate the demand for turbo-compressors in near future. Additionally, increasing adoption of turbo-compressors in the power generation processes is expected to create lucrative growth opportunities in near future.
Turbo-compressor Market: Restraints
Maturity of the product in the European market is expected to hamper the growth of global turbo-compressors during the forecast period. Moreover, introduction of new turbo-compressor technology like the rotary screw compressors is anticipated to restrict the growth of the global turbo-compressor market during the forecast period.
Turbo-compressor Market: Segmentation
The global turbo-compressor market can be segmented on the basis of product type, stage, output pressure and applications. On the basis of product type, the market can be segmented into axial turbo-compressors and centrifugal turbo-compressors. On the basis of stage, the global turbo-compressor market can be segmented into single stage and multiple stage. On the basis of output pressure, the market can be segmented into 0 bar – 20 bar, 21 bar – 100 bar and 100 bar and above. On the basis of application, the global turbo-compressor market is segmented into power generation, oil & gas, and others (pharmaceuticals, mining, etc.).
Turbo-compressor Market: Region Wise Analysis
On the basis of region, the Asia Pacific is expected to be the most promising and revenue generating region in the global turbo-compressor market due to the presence of large chemical plants, oil refineries, etc. In 2015, the Asia Pacific region held more than 60% share in the global chemical sales market. Moreover, rapid industrialization in Asia Pacific countries like India and China coupled with decline in oil prices is further projected to drive the growth in this region. North America and Europe are projected to witness steady growth during the forecast period. However, increasing LNG trade in North America is expected to fuel the demand for turbo-compressors in near future as they are widely used for storage and gas transportation. Middle East & Africa is expected to witness significant growth in near future. The growth of oil & gas sector in this region is anticipated to escalate the demand for turbo-compressors in this region.
Request to View TOC @ https://www.persistencemarketresearch.com/toc/13066
Turbo-compressor Market: Market Participants
Some of the market participants identified in the global turbo-compressor market are mentioned below:
Sulzer Ltd.
Siemens AG
Mitsubishi Heavy Industries Compressor Corporation
General Electric
MAN Diesel & Turbo
Atlas Copco AB
Kawasaki Heavy Industries, Ltd.
Howden Group Ltd
Elliott Group
Ingersoll Rand
ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Turbo Compressor Market Volume Analysis, Segments, Value Share and Key Trends 2025 here
News-ID: 1146467 • Views: …
More Releases from Persistence Market Research
Packaging Machinery Market to Surpass US$ 82.3 Bn by 2030 with Steady 4.7% CAGR …
➤Overview of the Market
According to the latest analysis by Persistence Market Research, the global packaging machinery market is projected to grow from US$ 59,737.4 million in 2023 to US$ 82,389.7 million by 2030, registering a CAGR of 4.7% during the forecast period. Rising consumer demand for packaged goods, automation, and technological upgrades in manufacturing are among the key forces transforming the industry landscape.
The packaging machinery market plays a vital role…
Packaging Tensioner Market Set to Reach US$ 13.3 Bn by 2030 with 3.8% CAGR - Per …
➤ Overview of the Market
According to Persistence Market Research, the global packaging tensioner market is projected to rise from US$ 10,237.5 million in 2023 to US$ 13,291.5 million by 2030, expanding at a CAGR of 3.8%. Packaging tensioners, essential for securing strapping around pallets, cartons, and bundled goods, are increasingly adopted across industries to ensure safe and efficient handling during transport. Growth is primarily driven by automation trends in packaging,…
Beverage Packaging Market to Surpass US$ 138.9 Bn by 2031 Driven by Sustainabili …
➤Overview of the Market
According to the latest study by Persistence Market Research, the global beverage packaging market is projected to grow at a CAGR of 4.1% from US$ 1,04,820.0 million in 2024 to US$ 1,38,867.1 million by 2031. Rising consumer preference for sustainable packaging, growing consumption of ready-to-drink products, and ongoing innovation in material science are major factors boosting the industry worldwide.
The beverage packaging industry plays a vital role in…
Actuators Device Market to Reach US$ 102.8 Bn by 2031 Fueled by 7% CAGR and Auto …
➤ Overview of the Market
The global actuators device market is poised for robust growth, projected to rise from US$ 67.7 Bn in 2024 to US$ 102.8 Bn by 2031 at a CAGR of 7%, according to Persistence Market Research. Rapid automation across industries, growing investment in industrial robotics, and expanding applications in aerospace, automotive, and medical devices are key catalysts for market acceleration.
The actuators device market encompasses mechanical systems that…
More Releases for Turbo
Hydrox5 Turbo Jet Reviews: Is Hydro X5 Turbo Jet Power Washer Worth Buying?
Hydrox5 Turbo Jet Reviews: Is Hydro X5 Turbo Jet Power Washer Worth Buying?
Cleaning outdoor surfaces can often feel like a never-ending battle. Patios gather stubborn moss, driveways become stained with oil and mud, fences lose their fresh look over time, and even cars seem to collect dirt the moment you finish washing them. For most homeowners, the typical garden hose simply doesn't provide the power needed to blast away…
Turbo Actuator Market to Eyewitness Huge Growth by 2029| AET Turbos, Turbo Rebui …
Advance Market Analytics published a new research publication on "Turbo Actuator Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Turbo Actuator market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Turbo Centrifuge Market Size 2022 Global Industry Trends, Analysis, Forecast To …
"
LOS ANGELES, United States: QY Research offers an encyclopedic study of the global Turbo Centrifuge market with holistic insights into vital factors and aspects that impact future market growth. The global Turbo Centrifuge market has been analyzed for the forecast period 2022-2028 and historical period 2017-2021. In order to help players to gain comprehensive understanding of the global Turbo Centrifuge market and its critical dynamics, the research study provides detailed…
Automotive Turbocharger Market 2019: Top Key Players are Bosch Mahle Turbo Syste …
A comprehensive research study on Automotive Turbocharger Market introduced by Global Market Insights, Inc. provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of market in terms of the demand landscape, driving factors and growth strategies adopted by market players.
Europe automotive turbocharger market will grow considerably over the study timeframe. This can be credited to the presence…
Turbo Actuator Market Segmented by Top Manufacturers - Mitsubishi Electric, MAHL …
The Turbo Actuator Market 2018 research by Big market research. It offers a feasibility analysis for investment and returns supported with data on development trend analysis across important regions of the world.
This report presents the worldwide Turbo Actuator market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate,…
Turbo Actuator Market by 2025 Report Studied Focusing On Top Companies like Mits …
The global Turbo Actuator Market is explained in detail in this report, starting with a basic overview, which includes definitions and major and minor factors that influence this market. Further the report scrutinizes the several policies that regulate processes in this global market, specifically, the ones that are currently active, along with an analysis of the top news stories about the global industry.
This report on Turbo Actuator Market also offers…
