Turbocompressor Market to Experience Exponential Growth by 2022 - Analysis Major Market Players - Atlas Copco AB, Elliot Group Ltd, GE Oil & Gas, Howden Group Ltd., Ingersoll Rand Plc, Kawasaki Heavy Industries

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%, according to a new report published by

Allied Market Research. Oil & gas segment is expected to dominate the end-user sector in the global

turbocompressor market from 2015 to 2022. Asia-Pacific region dominated the market contributing to

37.0% of the global turbocompressor market share in 2015.

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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. 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.

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The global turbocompressor market is segmented based on type, stages, end-user industries, and

geography. By type, the turbocompressor market is segmented into centrifugal compressors and axial

compressors. 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. 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.

This report provides a comprehensive analysis of

-Top impacting Growth Factors
-Competitive Analysis of Leading Market Players
-Current and Future Market Trends
-Market Segmentation
-Revenue Estimation by 2022

Based on stage, the global turbocompressor market is classified into single-stage turbocompressor

and multi-stage turbocompressor. Single-stage compressors dominated the market in 2015 and is

estimated to grow at a CAGR of 5.9% during the forecast period 2016-2022. 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.

Questions answered in Asia-Pacific Construction Equipment Market research study:

-What is the market growth rate of Turbocompressor Market from 2015 to 2022?

-What will be the market size by 2022?

-Who are the leading manufacturing companies in the Turbocompressor Market?

-What are the major current trends and estimated trends?

-What are the challenges faced in the Turbocompressor Market?

Table of Content


Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools and Models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Investment Pockets
3.2.2. Top impacting factors
3.2.3. Top winning strategies

3.3. PORTERS FIVE FORCES ANALYSIS

3.3.1. Moderate bargaining power of suppliers
3.3.2. High bargaining power of buyers
3.3.3. Low threat of substitutes
3.3.4. High competitive rivalry
3.3.5. Low threat of new entrants

3.4. MARKET PLAYERS POSITIONING
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Rising applications of turbocompressor in wastewater treatment plants globally
3.5.1.2. Increasing global LNG trade
3.5.1.3. Increasing industrialization
3.5.1.4. Increasing demand for energy

3.5.2. Restraints

3.5.2.1. Rotary screw compressors substituting
3.5.2.2. Slowing LNG trade in Japan and South Korea

3.5.3. Opportunities

3.5.3.1. Evolving CO2 transport network
3.5.3.2. Technological developments in turbocompressor

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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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