Turbocompressor market size will grow from USD 12.65 Billion in 2017 to USD 17.85 Billion by 2023

Planet Market Reports has added a report, titled, “Global Turbocompressor Outlook, For Outdoor Power Market Forecast to 2023.”
Planet Market Reports projects that the Turbocompressor market size will grow from USD 12.65 Billion in 2017 to USD 17.85 Billion by 2023, at an estimated CAGR of 5.9%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

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This growth can be attributed to the rising investments in the manufacturing sector and the increasing LNG trade between countries. The turbocompressors market has been segmented on the basis of output pressure into 0 bar–20 bar, 21 bar–100 bar, and above 100 bar. The 0 bar–20 bar segment is estimated to hold the largest market share, as turbocompressors within this range are used for multiple applications, including ethylene and fertilizer plants, refineries, liquid nitrogen freezers LNF for refrigeration, and air compression.On the basis of stage, the market has been classified into single stage and multi-stage. Single stage turbocompressors hold a larger market share than multi-stage turbocompressors, owing to their widespread adoption in various industries.

By Market Players

Siemens AG , GE Oil & Gas , Mitsubishi Heavy Industries, Ltd. , Ingersoll Rand PLC. , Man Diesel & Turbo , Kobe Steel Ltd. , Atlas Copco AB , Elliott Group Ltd. , Howden Group Ltd. , SKF , Sulzer Ltd. , Kawasaki Heavy Industries Ltd.,, ,

By Type
Centrifugal Turbocompressors, Axial Turbocompressors,

By Application

Oil & Gas, Chemical, Power Generation, Others,

By Stage
Single Stage Turbocompressors , Multi-Stage Turbocompressors,

By Output Pressure
0–20 Bar , 21–100 Bar , Above 100 Bar, ,

The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region,
,
By Application
Custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

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