Global Turbocompressor market is accounted for $15.28 billion in 2020 and is expected to reach $27.05 billion by 2028 growing at a CAGR of 7.4% during the forecast period. Increasing long trade between nations, rowing industrialization and growing number of wastewater treatment plants are the major factors driving the market growth.
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By geography, North America is going to have high growth during forecast period due to large number of ongoing shale gas and LNG projects and the increasing focus on the manufacturing sector in the region.
Some of the key players profiled in the Turbocompressor Market include Atlas Copco AB, Elliot Group Ltd, GE Oil & Gas, Howden Group Ltd, Kawasaki Heavy Industries, Kobe Steel Ltd, Man Diesel & Turbo, Mitsubishi Heavy Industries Ltd, Siemens AG, AVIME, Sagita, Sundyne Corporation, Bauer Compressors, Inc., Sullivan-Palatek, Inc. and Gardner Denver, Inc.
Types Covered in Turbocompressor Market
• Axial Turbocompressors
• Centrifugal Turbocompressors
• Hydraulic Turbocompressors
Stages Covered:
• Single Stage
• Multi-Stage
Output Pressures Covered:
• 0 Bar–20 Bar
• 21 Bar–100 Bar
• Above 100 Bar
Applications Covered:
• Agricultural
• Industrial
• Transportation
End Users Covered:
• Automotive
• Chemical
• Metals
• Mining
• Offshore
• Oil & Gas
• Pharmaceuticals
• Power Generation
• Pulp & Paper
• Textile
• Trains, Ships & Airplanes
• Water & Wastewater
Sales Channels Covered:
• Direct Sales
• Distributor
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