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Turbo-expanders Market, Global Outlook and Forecast 2023-2032

The global Turbo-expanders market was valued at US$ 328.2 million in 2022 and is projected to reach US$ 447.5 million by 2029, at a CAGR of 4.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


The USA market for Global Turbo-expanders market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


Report Sample includes: - Table of Contents - List of Tables & Figures - Charts - Research Methodology



The China market for Global Turbo-expanders market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Turbo-expanders market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

This report aims to provide a comprehensive presentation of the global market for Turbo-expanders, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Turbo-expanders. This report contains market size and forecasts of Turbo-expanders in global, including the following market information:

  • Global Turbo-expanders Market Revenue, 2018-2023, 2024-2029, ($ millions)

  • Global Turbo-expanders Market Sales, 2018-2023, 2024-2029, (Units)

  • Global top five Turbo-expanders companies in 2022 (%)

Radial Turbo-expander Segment to Reach $ Million by 2029, with a % CAGR in next six years.

The global key manufacturers of Turbo-expanders include Atlas Copco, GE, Cryostar, Air Products and Chemicals, Inc., Elliott Group, Dresser-Rand Group, IMI Critical, Heliex Power and Star Rotor, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the Turbo-expanders manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment:

Global Turbo-expanders Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Turbo-expanders Market Segment Percentages, by Type, 2022 (%)

  • Radial Turbo-expander

  • Axial Turbo-expander

  • Radial-Axial Turbo-expander

Global Turbo-expanders Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Turbo-expanders Market Segment Percentages, by Application, 2022 (%)

  • Industrial Gas

  • Natural Gas Liquids(NGLs)

  • Power Generation Application

  • Pressure Letdown Power Plants

Global Turbo-expanders Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Turbo-expanders Market Segment Percentages, By Region and Country, 2022 (%)

  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:

  • Key companies Turbo-expanders revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Turbo-expanders revenues share in global market, 2022 (%)

  • Key companies Turbo-expanders sales in global market, 2018-2023 (Estimated), (Units)

  • Key companies Turbo-expanders sales share in global market, 2022 (%)

key players include:

  • Atlas Copco

  • GE

  • Cryostar

  • Air Products and Chemicals, Inc.

  • Elliott Group

  • Dresser-Rand Group

  • IMI Critical

  • Heliex Power

  • Star Rotor

  • Calnetix

  • Turbogaz

  • RMG

  • L.A. Turbine

Outline of Major Chapters:

Chapter 1: Introduces the definition of Turbo-expanders, market overview.

Chapter 2: Global Turbo-expanders market size in revenue and volume.

Chapter 3: Detailed analysis of Turbo-expanders manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Turbo-expanders in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Turbo-expanders capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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