Turboexpander Market - Top Companies and Manufacturers

Companies Dominating the Turboexpanders Market Landscape

L.A. Turbine (Chart Industries, Inc.)
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

Air Liquide Engineering & Construction
Atlas Copco
Air Products and Chemicals, Inc.
Baker Hughes Company
Linde plc
Elliott Company
Siemens Energy AG
MAN Energy Solutions SE
Honeywell International Inc.

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Turboexpander Market Size & Share, Growth Forecast Report 2037

In the News

L.A. Turbine, a subsidiary of Chart Industries, Inc. has announced its latest ARES active magnetic bearing (AMB) turboexpander-compressor. The ARES AMB turboexpander-compressor is capable of a flow rate of 200 million ft3/d and can be used for natural gas liquid (NGL) processing.
Air Liquide Engineering & Construction has announced its acquisition of the cryogenic turboexpander business line of Nikkiso Cryogenic Industries. The acquisition is estimated to strengthen the company’s expertise in cryogenic processes as well as enhance the maintenance and services of turboexpanders.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of turboexpander is assessed at USD 1.14 billion.

The turboexpander market size was over USD 1.08 billion in 2024 and is projected to reach USD 2.54 billion by 2037, witnessing around 6.8% CAGR during the forecast period i.e., between 2025-2037. The growth of the electricity demand along with the need for cleaner sources of energy will drive the market growth.

Asia Pacific industry is likely to dominate majority revenue share of 35% by 2037, owing to high focus on using cleaner energy sources in the region.

The major players in the market are L.A. Turbine (Chart Industries, Inc.), Air Liquide Engineering & Construction, Atlas Copco, Air Products and Chemicals, Inc., Baker Hughes Company, Linde plc, Elliott Company, Siemens Energy AG, MAN Energy Solutions SE, Honeywell International Inc.

Turboexpander Market - Top Companies and Manufacturers

Companies Dominating the Turboexpanders Market Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the turboexpander market worth?

Why is the demand for turboexpander growing?

Which region dominated the majority of turboexpander industry share?

Who are the top turboexpander companies?