North America Turboexpander Market Size, Share & Industry Trends Analysis Report By Product (Radial Flow and Axial Flow), By Loading Device, By Application, By End-use, By Power Capacity, By Country and Growth Forecast, 2022 - 2028

The North America Turboexpander Market would witness market growth of 3.8% CAGR during the forecast period (2022-2028).

The energy output is proportional to pressure ratio, temperature, and flow rate. In a turbo-expander, the gas is cooled by the Joule-Thomson effect. The larger the flow maximum pressure difference, the greater the potential energy output. Using a turbo-expander instead of a standard Joule-Thomson valve can help chill a wide range of processes, including dewpoint, refrigeration, and natural gas liquefaction. Modern turbo-expander installations use efficient methods for dealing with this temperature loss in particular conditions.

There are two main configurations for turbo-expander generators, one with the generator installed directly on the turbine shaft, and the other with a connection via speed-reducing gears. Multi-staging is possible with an integral gearing option, which allows numerous expander stages to be installed on a single gearbox. Skid-mounted turbo-expander generators simplify transportation and lower installation costs.

The oil and gas and mining industries in the United States are major export markets for machinery, equipment, and overall supply chain items and services. U.S. manufacturers have a huge cost advantage over competitors due to their embrace of innovative technology and cost leadership.

Canada possesses the world's third-largest crude oil reserves, accounting for 97 percent of the country's 171 billion barrels. The geological basin for natural gas production in Canada is shared by Alberta, Saskatchewan, and British Columbia. Meanwhile, shale gas deposits can be discovered in practically every Canadian province. The oil and natural gas sectors are important drivers of the Canadian economy, accounting for 7% of GDP and employing more than 500,000 people across the country.

The US market dominated the North America Turboexpander Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $235.1 million by 2028. The Canada market is estimated to grow at a CAGR of 6.1% during (2022 - 2028). Additionally, The Mexico market would display a CAGR of 5.2% during (2022 - 2028).

Based on Product, the market is segmented into Radial Flow and Axial Flow. Based on Loading Device, the market is segmented into Compressor, Generator, and Hydraulic/Oil-brake. Based on Application, the market is segmented into Cryogenic, Air Separation, Oil & Gas Processing, and Others. Based on End-use, the market is segmented into Oil & Gas, Energy & Power, Chemical & Petrochemicals, and Others. Based on Power Capacity, the market is segmented into 1MW - 4 MW, 5MW - 9MW, Less than 1 MW, 10MW - 19MW, 20MW - 24 MW, 25 MW - 40 MW, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Global Turboexpander Market is Estimated to reach $1.3 Billion by 2028, at a CAGR of 4.5%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Baker Hughes Company, Siemens AG, Atlas Copco AB, Cryostar, Air Products and Chemicals, Inc., Chart Industries, Inc., MAN Energy Solutions SE, Elliott Group, and R&D Dynamics Corporation.

Scope of the Study

Market Segments Covered in the Report:

By Product

• Radial Flow
• Axial Flow

By Loading Device

• Compressor
• Generator
• Hydraulic/Oil-brake

By Application

• Cryogenic
• Air Separation
• Oil & Gas Processing
• Others

By End-use

• Oil & Gas
• Energy & Power
• Chemical & Petrochemicals
• Others

By Power Capacity

• 1MW - 4 MW
• 5MW - 9MW
• Less than 1 MW
• 10MW - 19MW
• 20MW - 24 MW
• 25 MW - 40 MW
• Others

By Country

• US
• Canada
• Mexico
• Rest of North America

Key Market Players

List of Companies Profiled in the Report:

• Honeywell International, Inc.
• Baker Hughes Company
• Siemens AG
• Atlas Copco AB
• Cryostar
• Air Products and Chemicals, Inc.
• Chart Industries, Inc.
• MAN Energy Solutions SE
• Elliott Group
• R&D Dynamics Corporation

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Turboexpander Market, by Product
1.4.2 North America Turboexpander Market, by Loading Device
1.4.3 North America Turboexpander Market, by Application
1.4.4 North America Turboexpander Market, by End-use
1.4.5 North America Turboexpander Market, by Power Capacity
1.4.6 North America Turboexpander Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Strategies deployed in Turboexpander Market

Chapter 4. North America Turboexpander Market by Product
4.1 North America Radial Flow Market by Country
4.2 North America Axial Flow Market by Country

Chapter 5. North America Turboexpander Market by Loading Device
5.1 North America Compressor Market by Country
5.2 North America Generator Market by Country
5.3 North America Hydraulic/Oil-brake Market by Country

Chapter 6. North America Turboexpander Market by Application
6.1 North America Cryogenic Market by Country
6.2 North America Air Separation Market by Country
6.3 North America Oil & Gas Processing Market by Country
6.4 North America Others Market by Country

Chapter 7. North America Turboexpander Market by End-use
7.1 North America Oil & Gas Market by Country
7.2 North America Energy & Power Market by Country
7.3 North America Chemical & Petrochemicals Market by Country
7.4 North America Others Market by Country

Chapter 8. North America Turboexpander Market by Power Capacity
8.1 North America 1MW - 4 MW Market by Country
8.2 North America 5MW - 9MW Market by Country
8.3 North America Less than 1 MW Market by Country
8.4 North America 10MW - 19MW Market by Country
8.5 North America 20MW - 24 MW Market by Country
8.6 North America 25 MW - 40 MW Market by Country
8.7 North America Others Market by Country

Chapter 9. North America Turboexpander Market by Country
9.1 US Turboexpander Market
9.1.1 US Turboexpander Market by Product
9.1.2 US Turboexpander Market by Loading Device
9.1.3 US Turboexpander Market by Application
9.1.4 US Turboexpander Market by End-use
9.1.5 US Turboexpander Market by Power Capacity
9.2 Canada Turboexpander Market
9.2.1 Canada Turboexpander Market by Product
9.2.2 Canada Turboexpander Market by Loading Device
9.2.3 Canada Turboexpander Market by Application
9.2.4 Canada Turboexpander Market by End-use
9.2.5 Canada Turboexpander Market by Power Capacity
9.3 Mexico Turboexpander Market
9.3.1 Mexico Turboexpander Market by Product
9.3.2 Mexico Turboexpander Market by Loading Device
9.3.3 Mexico Turboexpander Market by Application
9.3.4 Mexico Turboexpander Market by End-use
9.3.5 Mexico Turboexpander Market by Power Capacity
9.4 Rest of North America Turboexpander Market
9.4.1 Rest of North America Turboexpander Market by Product
9.4.2 Rest of North America Turboexpander Market by Loading Device
9.4.3 Rest of North America Turboexpander Market by Application
9.4.4 Rest of North America Turboexpander Market by End-use
9.4.5 Rest of North America Turboexpander Market by Power Capacity

Chapter 10. Company Profiles
10.1 Honeywell International, Inc.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.2 Baker Hughes Company
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Acquisition and Mergers:
10.2.5.2 Geographical Expansions:
10.3 Siemens AG
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 SWOT Analysis
10.4 Atlas Copco AB
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations and Agreements:
10.4.5.2 Product Launches and Product Expansion:
10.5 Cryostar (Linde plc)
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental Analysis
10.5.4 Research & Development Expenses
10.6 Air Products and Chemicals, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.5.2 Acquisition and Mergers:
10.7 Chart Industries, Inc. (First Reserve)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Acquisition and Mergers:
10.8 MAN Energy Solutions SE (Volkswagen Group)
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.9 Elliott Group (Ebara Corporation)
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expenses
10.10. R&D Dynamics Corporation
10.10.1 Company Overview

TABLE 1 North America Turboexpander Market, 2018 - 2021, USD Million
TABLE 2 North America Turboexpander Market, 2022 - 2028, USD Million
TABLE 3 North America Turboexpander Market by Product, 2018 - 2021, USD Million
TABLE 4 North America Turboexpander Market by Product, 2022 - 2028, USD Million
TABLE 5 North America Radial Flow Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Radial Flow Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Axial Flow Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Axial Flow Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Turboexpander Market by Loading Device, 2018 - 2021, USD Million
TABLE 10 North America Turboexpander Market by Loading Device, 2022 - 2028, USD Million
TABLE 11 North America Compressor Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Compressor Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Generator Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Generator Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Hydraulic/Oil-brake Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Hydraulic/Oil-brake Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Turboexpander Market by Application, 2018 - 2021, USD Million
TABLE 18 North America Turboexpander Market by Application, 2022 - 2028, USD Million
TABLE 19 North America Cryogenic Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Cryogenic Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Air Separation Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Air Separation Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Oil & Gas Processing Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Oil & Gas Processing Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Turboexpander Market by End-use, 2018 - 2021, USD Million
TABLE 28 North America Turboexpander Market by End-use, 2022 - 2028, USD Million
TABLE 29 North America Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Energy & Power Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Energy & Power Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Chemical & Petrochemicals Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Chemical & Petrochemicals Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Turboexpander Market by Power Capacity, 2018 - 2021, USD Million
TABLE 38 North America Turboexpander Market by Power Capacity, 2022 - 2028, USD Million
TABLE 39 North America 1MW - 4 MW Market by Country, 2018 - 2021, USD Million
TABLE 40 North America 1MW - 4 MW Market by Country, 2022 - 2028, USD Million
TABLE 41 North America 5MW - 9MW Market by Country, 2018 - 2021, USD Million
TABLE 42 North America 5MW - 9MW Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Less than 1 MW Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Less than 1 MW Market by Country, 2022 - 2028, USD Million
TABLE 45 North America 10MW - 19MW Market by Country, 2018 - 2021, USD Million
TABLE 46 North America 10MW - 19MW Market by Country, 2022 - 2028, USD Million
TABLE 47 North America 20MW - 24 MW Market by Country, 2018 - 2021, USD Million
TABLE 48 North America 25 MW - 40 MW Market by Country, 2018 - 2021, USD Million
TABLE 49 North America 25 MW - 40 MW Market by Country, 2022 - 2028, USD Million
TABLE 50 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 51 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 52 North America Turboexpander Market by Country, 2018 - 2021, USD Million
TABLE 53 North America Turboexpander Market by Country, 2022 - 2028, USD Million
TABLE 54 US Turboexpander Market, 2018 - 2021, USD Million
TABLE 55 US Turboexpander Market, 2022 - 2028, USD Million
TABLE 56 US Turboexpander Market by Product, 2018 - 2021, USD Million
TABLE 57 US Turboexpander Market by Product, 2022 - 2028, USD Million
TABLE 58 US Turboexpander Market by Loading Device, 2018 - 2021, USD Million
TABLE 59 US Turboexpander Market by Loading Device, 2022 - 2028, USD Million
TABLE 60 US Turboexpander Market by Application, 2018 - 2021, USD Million
TABLE 61 US Turboexpander Market by Application, 2022 - 2028, USD Million
TABLE 62 US Turboexpander Market by End-use, 2018 - 2021, USD Million
TABLE 63 US Turboexpander Market by End-use, 2022 - 2028, USD Million
TABLE 64 US Turboexpander Market by Power Capacity, 2018 - 2021, USD Million
TABLE 65 US Turboexpander Market by Power Capacity, 2022 - 2028, USD Million
TABLE 66 Canada Turboexpander Market, 2018 - 2021, USD Million
TABLE 67 Canada Turboexpander Market, 2022 - 2028, USD Million
TABLE 68 Canada Turboexpander Market by Product, 2018 - 2021, USD Million
TABLE 69 Canada Turboexpander Market by Product, 2022 - 2028, USD Million
TABLE 70 Canada Turboexpander Market by Loading Device, 2018 - 2021, USD Million
TABLE 71 Canada Turboexpander Market by Loading Device, 2022 - 2028, USD Million
TABLE 72 Canada Turboexpander Market by Application, 2018 - 2021, USD Million
TABLE 73 Canada Turboexpander Market by Application, 2022 - 2028, USD Million
TABLE 74 Canada Turboexpander Market by End-use, 2018 - 2021, USD Million
TABLE 75 Canada Turboexpander Market by End-use, 2022 - 2028, USD Million
TABLE 76 Canada Turboexpander Market by Power Capacity, 2018 - 2021, USD Million
TABLE 77 Canada Turboexpander Market by Power Capacity, 2022 - 2028, USD Million
TABLE 78 Mexico Turboexpander Market, 2018 - 2021, USD Million
TABLE 79 Mexico Turboexpander Market, 2022 - 2028, USD Million
TABLE 80 Mexico Turboexpander Market by Product, 2018 - 2021, USD Million
TABLE 81 Mexico Turboexpander Market by Product, 2022 - 2028, USD Million
TABLE 82 Mexico Turboexpander Market by Loading Device, 2018 - 2021, USD Million
TABLE 83 Mexico Turboexpander Market by Loading Device, 2022 - 2028, USD Million
TABLE 84 Mexico Turboexpander Market by Application, 2018 - 2021, USD Million
TABLE 85 Mexico Turboexpander Market by Application, 2022 - 2028, USD Million
TABLE 86 Mexico Turboexpander Market by End-use, 2018 - 2021, USD Million
TABLE 87 Mexico Turboexpander Market by End-use, 2022 - 2028, USD Million
TABLE 88 Mexico Turboexpander Market by Power Capacity, 2018 - 2021, USD Million
TABLE 89 Mexico Turboexpander Market by Power Capacity, 2022 - 2028, USD Million
TABLE 90 Rest of North America Turboexpander Market, 2018 - 2021, USD Million
TABLE 91 Rest of North America Turboexpander Market, 2022 - 2028, USD Million
TABLE 92 Rest of North America Turboexpander Market by Product, 2018 - 2021, USD Million
TABLE 93 Rest of North America Turboexpander Market by Product, 2022 - 2028, USD Million
TABLE 94 Rest of North America Turboexpander Market by Loading Device, 2018 - 2021, USD Million
TABLE 95 Rest of North America Turboexpander Market by Loading Device, 2022 - 2028, USD Million
TABLE 96 Rest of North America Turboexpander Market by Application, 2018 - 2021, USD Million
TABLE 97 Rest of North America Turboexpander Market by Application, 2022 - 2028, USD Million
TABLE 98 Rest of North America Turboexpander Market by End-use, 2018 - 2021, USD Million
TABLE 99 Rest of North America Turboexpander Market by End-use, 2022 - 2028, USD Million
TABLE 100 Rest of North America Turboexpander Market by Power Capacity, 2018 - 2021, USD Million
TABLE 101 Rest of North America Turboexpander Market by Power Capacity, 2022 - 2028, USD Million
TABLE 102 Key Information – Honeywell International, Inc.
TABLE 103 Key Information – Baker Hughes Company
TABLE 104 Key Information – Siemens AG
TABLE 105 Key Information – Atlas Copco AB
TABLE 106 Key Information – Cryostar
TABLE 107 Key Information – Air Products and Chemicals, Inc.
TABLE 108 Key Information – Chart Industries, Inc.
TABLE 109 Key Information – MAN Energy Solutions SE
TABLE 110 Key Information – Elliott Group
TABLE 111 Key Information – R&D Dynamics Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Baker Hughes Company
FIG 3 Swot analysis: Siemens AG
FIG 4 Recent strategies and developments: Atlas Copco AB