Oct 10, 2023   SOURCE: BusinessWire

Global Turbocompressors Market to Reach $26.5 Billion by 2030, Fueled by Increasing Energy Demand and Innovation - ResearchAndMarkets.com

The "Turbocompressors - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global turbocompressors market, valued at $16.2 billion in 2022, is projected to grow significantly, reaching a size of $26.5 billion by 2030. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of 6.3% during the analysis period from 2022 to 2030.

In today's ever-changing global business environment, staying informed about industry trends and market dynamics is essential. Within the turbocompressors sector, the global market is experiencing significant growth. To navigate and succeed in this evolving landscape, the Turbocompressors Market Research Report serves as an invaluable resource, providing comprehensive insights into market dynamics, competitive landscapes, challenges, and opportunities.

The report highlights a market poised for substantial expansion in key regions, including the United States, China, Japan, Canada, and Germany. It presents in-depth analysis of segments such as centrifugal and axial turbocompressors. Specifically, the centrifugal segment is projected to record a 6% CAGR, reaching $18.5 billion by the end of the analysis period, while the axial segment is estimated to experience growth at a 7.1% CAGR over the next eight years.

Key Market Players (Total 59 Featured):

  • AB SKF
  • Atlas Copco AB
  • Baker Hughes Company
  • Continental AG
  • Elliott Group Ltd.
  • ExxonMobil Corporation
  • General Electric Company
  • Howden Compressors Ltd.
  • Ingersoll-Rand PLC
  • Kawasaki Heavy Industries, Ltd.
  • Kobe Steel Ltd.
  • MAN Energy Solutions SE
  • Mitsubishi Heavy Industries Ltd.
  • Siemens AG
  • Sulzer Ltd.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Pandemic Impact and the Global Economic Update
  • From Pandemic to War & Inflation: "Gloomy Outlook for 2023 Despite Signs of Easing Inflationary Conditions"
  • Here's How Inflationary Pressures Affect the Economy
  • Russia-Ukraine War, the Primary Culprit Responsible for the Hardships
  • Although Past Peak in 2023, Efforts to Solve the Inflation Puzzle Should Continue
  • Here's What's Causing Inflationary Pressures in the Global Market
  • Shaken by the War, Global Oil Prices Spiral and Feed Inflationary Pressures, Guiding the World Towards a Cost of Living Crisis: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • War-Induced Commodity Price Increases & Broad Based Price Pressures Mark the Return of Global Inflation to the Highest Level Seen Since 1996: Global Inflation Rates (In %) for the Years 2019 Through 2024
  • Although Facing a Lower Recession Risk, Global Economic Growth in 2023 to Slowdown Amid War, Inflation, Elevated Interest Rates & Marginal Easing of Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • Recession Triggered by Uncontrolled Inflation or Unemployment, Which is the Greater Evil? Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024
  • COVID-19 Pandemic Impacts Industrial Activity Worldwide, Affecting Turbo Compressor Demand
  • Global PMI Index Points for the Years 2018, 2019 & 2020
  • An Introduction to Turbocompressors
  • High-Pressure Turbo Compressors
  • Selecting the Right Compressor
  • Turbocharger & Turbocompressor
  • Global Market Prospects & Outlook
  • Oil & Gas Industry Leads Demand for Turbo Compressors
  • Developing Economies to Spearhead Future Growth
  • Competition
  • Turbocompressors - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Rapid Rise in Demand for LNG Fuel and Increased Cross-Border Trade Fuel Demand
  • Global Energy Mix: 1990 Vs 2020
  • Global Natural Gas Production (In Billion Cubic Meter (BCM)) for Years 2018 Through 2022
  • Top LNG Importing Nations: LNG Imports in BCM by Country/Region for 2015, 2021 and 2025
  • Top LNG Exporting Nations: LNG Imports in BCM by Country for 2015, 2021 and 2025
  • Impact of COVID-19 on the Oil & Gas Industry
  • Growing Use of Turbocompressor in Wastewater Treatment
  • Global Per Capita Availability of Water by Geographic Region (In Cubic Meters) for the Years 1990, 2018 and 2025
  • Global Water and Wastewater Treatment Market (in US$ Billion) for the Years 2021, 2023, 2025 and 2027
  • Impact of COVID-19 on Water and Waste Water Treatment Business
  • Increasing Energy Demand and Rising Power Generation Augur Well for the Market
  • Global Energy Production by Source: Breakdown of Electricity (Billion Kilowatt Hours) by Source for 2030 & 2040
  • Rising Sales of Passenger Vehicles Fuels Demand for Turbocompressors in Automotive Industry
  • World Automobile Production in Million Units: 2008-2022
  • How the Automotive Industry Was Impacted by Pandemic & What's the New Normal?
  • Car Production YoY % Growth in 2020 Across Major Regional Markets
  • Technological Advancements & Innovations to Propel Market Growth
  • Sulzer's HST Turbo Compressors for Water Industry
  • E-Turbo: Future of Turbocharger Technology
  • Challenges Confronting Turbocompressors Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/96x1b3

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.