Global Turbo Expander Market 2018-2023 – Increase in Natural Gas for Power Generation is Driving the Market – ResearchAndMarkets.com

The "Global
Turbo Expander Market - Growth, Trends, and Forecast (2018 - 2023)"
report has been added to ResearchAndMarkets.com's
offering.

Natural gas is expected to play an important role in global energy
portfolios, owing to its increasing abundance via pipelines, and
especially liquefied natural gas (LNG) and its lower emissions. The
shift from coal-fired thermal power plants to gas turbines is expected
to increase the demand for natural gas. As a result, the demand for
turboexpander is expected to grow.

Moreover, as of 2017, Natural gas had a significant share in the global
energy mix. It reflected a share of 24% in global primary energy
consumption, and it is the second energy source in power generation,
representing a 22% share. Natural gas has the potential to play a
significant role in the world's transition to a cleaner, more
affordable, and secure energy in the future. In developing regions,
natural gas can be used to provide electricity to growing communities.

As the lowest carbon-emitting fossil fuel, natural gas also has the
potential to serve as a cleaner source of power. With the increase in
natural gas-based power generation, the demand for turboexpanders is
expected to increase during the forecast period.

Key Developments in the Market

• February 2017: Venture Global LNG, Inc. had selected GE Oil & Gas as a
  strategic partner to provide a plant-wide technology solution for its
  liquefied natural gas (LNG) export facilities under development in
  Louisiana.

Key Topics Covered

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Supply Chain Analysis

6. Industry Attractiveness - Porter's Five Forces Analysis

7. Market Segmentation and Analysis

8. Regional Market Analysis

9. Key Company Analysis

• GE Oil and Gas
• Atlas Copco
• Cryostar
• ACD
• L.A. Turbine
• Air Products and Chemicals Inc.
• Turbogaz
• Elliot Group
• Blair Engineering

10. Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/research/d9bnxv/global_turbo?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180503006347/en/

News by QuoteMedia

www.quotemedia.com