Turbo expander is a machine, which continuously converts kinetic energy into mechanical energy. This is done by expanding the high pressure gas from upstream to a lower pressure downstream through the Expander. The high pressure gas causes the radial expander to rotate. Rotation is transmitted to the shaft, which is supported by a set of bearings. The power transmitted to the shaft can be used to drive a compressor, drive an electrical generator or can be dissipated through an oil brake or air brake. Turbo Expander is also referred to as a turbo-expander or an expansion turbine, is a centrifugal or axial flow turbine through which a high pressure gas is expanded to produce work that is often used to drive a compressor.
According to the new market research report “Global Turbo Expander Market Report 2023-2029”, published by QYResearch, the global Turbo Expander market size is projected to reach USD 0.71 billion by 2029, at a CAGR of 4.6% during the forecast period.
- Global Turbo Expander MarketSize(US$ Mn), 2018-2029
Based on or includes research from QYResearch: Global Turbo Expander Sales Market Report 2023-2029.
- Global Turbo ExpanderTop13 Players Ranking and Market Share(Based on data of 2021, Continually updated)
Based on or includes research from QYResearch: 2021 data information of Global Turbo Expander Sales Market Report 2023-2029.
The global key manufacturers of Turbo Expander include Jianyang Ruite, Hanwha, Beifang Asp, Turbogaz, Suzhou Xida, HNEC, Air Liquide, SASPG, Suzhou Xida, Turbogaz, etc. In 2021, the global top five players had a share approximately 53.0% in terms of revenue.
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