Turbomachinery is an important segment of the oil and gas market, helping companies reduce turnaround time and increase productivity in all areas of operations. Turbomachinery typically includes generators, centrifugal pumps, centrifugal and axial compressors, and machines capable of energy transfer through the use of a rotor. The oil and gas industry has historically been a major consumer of turbomachinery, finding applications in processes involving the transfer of oil and gas from wells to gas stations.
The global market for Oil and Gas Industry Turbomachinery is estimated to increase from US$ million in 2021 to reach US$ million by 2028, exhibiting a CAGR of % during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
The APAC Oil and Gas Industry Turbomachinery market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
The United States Oil and Gas Industry Turbomachinery market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
The Europe Oil and Gas Industry Turbomachinery market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
The China Oil and Gas Industry Turbomachinery market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
Global key Oil and Gas Industry Turbomachinery players cover General Electric, Mitsubishi Heavy Industries, Siemens Energy, Sulzer and Air Products, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
Report Coverage
This latest report provides a deep insight into the global Oil and Gas Industry Turbomachinery market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global Oil and Gas Industry Turbomachinery market, with both quantitative and qualitative data, to help readers understand how the Oil and Gas Industry Turbomachinery market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in K Units.
Market Segmentation:
The study segments the Oil and Gas Industry Turbomachinery market and forecasts the market size by Type (Gas & Steam Turbine, Gas Compressor and Pump), by Application (Onshore and Offshore.), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by type
Gas & Steam Turbine
Gas Compressor
Pump
Others
Segmentation by application
Onshore
Offshore
Segmentation by region
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Major companies covered
General Electric
Mitsubishi Heavy Industries
Siemens Energy
Sulzer
Air Products
MAN Energy Solutions
Caterpillar
Elliott Group
Atlas Copco
Kobe Steel
Galileo Technologies
Energy Control Technologies
?zt?rk Holding
Clark Technology Systems
Baker Hughes
Concepts NREC
Chapter Introduction
Chapter 1: Scope of Oil and Gas Industry Turbomachinery, Research Methodology, etc.
Chapter 2: Executive Summary, global Oil and Gas Industry Turbomachinery market size (sales and revenue) and CAGR, Oil and Gas Industry Turbomachinery market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: Oil and Gas Industry Turbomachinery sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Oil and Gas Industry Turbomachinery sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Oil and Gas Industry Turbomachinery market size forecast by region, by country, by type, and application.
Chapter 13: Comprehensive company profiles of the leading players, including General Electric, Mitsubishi Heavy Industries, Siemens Energy, Sulzer, Air Products, MAN Energy Solutions, Caterpillar, Elliott Group and Atlas Copco, etc.
Chapter 14: Research Findings and Conclusion
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Oil and Gas Industry Turbomachinery Annual Sales 2017-2028
2.1.2 World Current & Future Analysis for Oil and Gas Industry Turbomachinery by Geographic Region, 2017, 2022 & 2028
2.1.3 World Current & Future Analysis for Oil and Gas Industry Turbomachinery by Country/Region, 2017, 2022 & 2028
2.2 Oil and Gas Industry Turbomachinery Segment by Type
2.2.1 Gas & Steam Turbine
2.2.2 Gas Compressor
2.2.3 Pump
2.2.4 Others
2.3 Oil and Gas Industry Turbomachinery Sales by Type
2.3.1 Global Oil and Gas Industry Turbomachinery Sales Market Share by Type (2017-2022)
2.3.2 Global Oil and Gas Industry Turbomachinery Revenue and Market Share by Type (2017-2022)
2.3.3 Global Oil and Gas Industry Turbomachinery Sale Price by Type (2017-2022)
2.4 Oil and Gas Industry Turbomachinery Segment by Application
2.4.1 Onshore
2.4.2 Offshore
2.5 Oil and Gas Industry Turbomachinery Sales by Application
2.5.1 Global Oil and Gas Industry Turbomachinery Sale Market Share by Application (2017-2022)
2.5.2 Global Oil and Gas Industry Turbomachinery Revenue and Market Share by Application (2017-2022)
2.5.3 Global Oil and Gas Industry Turbomachinery Sale Price by Application (2017-2022)
3 Global Oil and Gas Industry Turbomachinery by Company
3.1 Global Oil and Gas Industry Turbomachinery Breakdown Data by Company
3.1.1 Global Oil and Gas Industry Turbomachinery Annual Sales by Company (2020-2022)
3.1.2 Global Oil and Gas Industry Turbomachinery Sales Market Share by Company (2020-2022)
3.2 Global Oil and Gas Industry Turbomachinery Annual Revenue by Company (2020-2022)
3.2.1 Global Oil and Gas Industry Turbomachinery Revenue by Company (2020-2022)
3.2.2 Global Oil and Gas Industry Turbomachinery Revenue Market Share by Company (2020-2022)
3.3 Global Oil and Gas Industry Turbomachinery Sale Price by Company
3.4 Key Manufacturers Oil and Gas Industry Turbomachinery Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Oil and Gas Industry Turbomachinery Product Location Distribution
3.4.2 Players Oil and Gas Industry Turbomachinery Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2020-2022)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Oil and Gas Industry Turbomachinery by Geographic Region
4.1 World Historic Oil and Gas Industry Turbomachinery Market Size by Geographic Region (2017-2022)
4.1.1 Global Oil and Gas Industry Turbomachinery Annual Sales by Geographic Region (2017-2022)
4.1.2 Global Oil and Gas Industry Turbomachinery Annual Revenue by Geographic Region
4.2 World Historic Oil and Gas Industry Turbomachinery Market Size by Country/Region (2017-2022)
4.2.1 Global Oil and Gas Industry Turbomachinery Annual Sales by Country/Region (2017-2022)
4.2.2 Global Oil and Gas Industry Turbomachinery Annual Revenue by Country/Region
4.3 Americas Oil and Gas Industry Turbomachinery Sales Growth
4.4 APAC Oil and Gas Industry Turbomachinery Sales Growth
4.5 Europe Oil and Gas Industry Turbomachinery Sales Growth
4.6 Middle East & Africa Oil and Gas Industry Turbomachinery Sales Growth
5 Americas
5.1 Americas Oil and Gas Industry Turbomachinery Sales by Country
5.1.1 Americas Oil and Gas Industry Turbomachinery Sales by Country (2017-2022)
5.1.2 Americas Oil and Gas Industry Turbomachinery Revenue by Country (2017-2022)
5.2 Americas Oil and Gas Industry Turbomachinery Sales by Type
5.3 Americas Oil and Gas Industry Turbomachinery Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Oil and Gas Industry Turbomachinery Sales by Region
6.1.1 APAC Oil and Gas Industry Turbomachinery Sales by Region (2017-2022)
6.1.2 APAC Oil and Gas Industry Turbomachinery Revenue by Region (2017-2022)
6.2 APAC Oil and Gas Industry Turbomachinery Sales by Type
6.3 APAC Oil and Gas Industry Turbomachinery Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Oil and Gas Industry Turbomachinery by Country
7.1.1 Europe Oil and Gas Industry Turbomachinery Sales by Country (2017-2022)
7.1.2 Europe Oil and Gas Industry Turbomachinery Revenue by Country (2017-2022)
7.2 Europe Oil and Gas Industry Turbomachinery Sales by Type
7.3 Europe Oil and Gas Industry Turbomachinery Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Oil and Gas Industry Turbomachinery by Country
8.1.1 Middle East & Africa Oil and Gas Industry Turbomachinery Sales by Country (2017-2022)
8.1.2 Middle East & Africa Oil and Gas Industry Turbomachinery Revenue by Country (2017-2022)
8.2 Middle East & Africa Oil and Gas Industry Turbomachinery Sales by Type
8.3 Middle East & Africa Oil and Gas Industry Turbomachinery Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Oil and Gas Industry Turbomachinery
10.3 Manufacturing Process Analysis of Oil and Gas Industry Turbomachinery
10.4 Industry Chain Structure of Oil and Gas Industry Turbomachinery
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Oil and Gas Industry Turbomachinery Distributors
11.3 Oil and Gas Industry Turbomachinery Customer
12 World Forecast Review for Oil and Gas Industry Turbomachinery by Geographic Region
12.1 Global Oil and Gas Industry Turbomachinery Market Size Forecast by Region
12.1.1 Global Oil and Gas Industry Turbomachinery Forecast by Region (2023-2028)
12.1.2 Global Oil and Gas Industry Turbomachinery Annual Revenue Forecast by Region (2023-2028)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Oil and Gas Industry Turbomachinery Forecast by Type
12.7 Global Oil and Gas Industry Turbomachinery Forecast by Application
13 Key Players Analysis
13.1 General Electric
13.1.1 General Electric Company Information
13.1.2 General Electric Oil and Gas Industry Turbomachinery Product Offered
13.1.3 General Electric Oil and Gas Industry Turbomachinery Sales, Revenue, Price and Gross Margin (2020-2022)
13.1.4 General Electric Main Business Overview
13.1.5 General Electric Latest Developments
13.2 Mitsubishi Heavy Industries
13.2.1 Mitsubishi Heavy Industries Company Information
13.2.2 Mitsubishi Heavy Industries Oil and Gas Industry Turbomachinery Product Offered
13.2.3 Mitsubishi Heavy Industries Oil and Gas Industry Turbomachinery Sales, Revenue, Price and Gross Margin (2020-2022)
13.2.4 Mitsubishi Heavy Industries Main Business Overview
13.2.5 Mitsubishi Heavy Industries Latest Developments
13.3 Siemens Energy
13.3.1 Siemens Energy Company Information
13.3.2 Siemens Energy Oil and Gas Industry Turbomachinery Product Offered
13.3.3 Siemens Energy Oil and Gas Industry Turbomachinery Sales, Revenue, Price and Gross Margin (2020-2022)
13.3.4 Siemens Energy Main Business Overview
13.3.5 Siemens Energy Latest Developments
13.4 Sulzer
13.4.1 Sulzer Company Information
13.4.2 Sulzer Oil and Gas Industry Turbomachinery Product Offered
13.4.3 Sulzer Oil and Gas Industry Turbomachinery Sales, Revenue, Price and Gross Margin (2020-2022)
13.4.4 Sulzer Main Business Overview
13.4.5 Sulzer Latest Developments
13.5 Air Products
13.5.1 Air Products Company Information
13.5.2 Air Products Oil and Gas Industry Turbomachinery Product Offered
13.5.3 Air Products Oil and Gas Industry Turbomachinery Sales, Revenue, Price and Gross Margin (2020-2022)
13.5.4 Air Products Main Business Overview
13.5.5 Air Products Latest Developments
13.6 MAN Energy Solutions
13.6.1 MAN Energy Solutions Company Information
13.6.2 MAN Energy Solutions Oil and Gas Industry Turbomachinery Product Offered
13.6.3 MAN Energy Solutions Oil and Gas Industry Turbomachinery Sales, Revenue, Price and Gross Margin (2020-2022)
13.6.4 MAN Energy Solutions Main Business Overview
13.6.5 MAN Energy Solutions Latest Developments
13.7 Caterpillar
13.7.1 Caterpillar Company Information
13.7.2 Caterpillar Oil and Gas Industry Turbomachinery Product Offered
13.7.3 Caterpillar Oil and Gas Industry Turbomachinery Sales, Revenue, Price and Gross Margin (2020-2022)
13.7.4 Caterpillar Main Business Overview
13.7.5 Caterpillar Latest Developments
13.8 Elliott Group
13.8.1 Elliott Group Company Information
13.8.2 Elliott Group Oil and Gas Industry Turbomachinery Product Offered
13.8.3 Elliott Group Oil and Gas Industry Turbomachinery Sales, Revenue, Price and Gross Margin (2020-2022)
13.8.4 Elliott Group Main Business Overview
13.8.5 Elliott Group Latest Developments
13.9 Atlas Copco
13.9.1 Atlas Copco Company Information
13.9.2 Atlas Copco Oil and Gas Industry Turbomachinery Product Offered
13.9.3 Atlas Copco Oil and Gas Industry Turbomachinery Sales, Revenue, Price and Gross Margin (2020-2022)
13.9.4 Atlas Copco Main Business Overview
13.9.5 Atlas Copco Latest Developments
13.10 Kobe Steel
13.10.1 Kobe Steel Company Information
13.10.2 Kobe Steel Oil and Gas Industry Turbomachinery Product Offered
13.10.3 Kobe Steel Oil and Gas Industry Turbomachinery Sales, Revenue, Price and Gross Margin (2020-2022)
13.10.4 Kobe Steel Main Business Overview
13.10.5 Kobe Steel Latest Developments
13.11 Galileo Technologies
13.11.1 Galileo Technologies Company Information
13.11.2 Galileo Technologies Oil and Gas Industry Turbomachinery Product Offered
13.11.3 Galileo Technologies Oil and Gas Industry Turbomachinery Sales, Revenue, Price and Gross Margin (2020-2022)
13.11.4 Galileo Technologies Main Business Overview
13.11.5 Galileo Technologies Latest Developments
13.12 Energy Control Technologies
13.12.1 Energy Control Technologies Company Information
13.12.2 Energy Control Technologies Oil and Gas Industry Turbomachinery Product Offered
13.12.3 Energy Control Technologies Oil and Gas Industry Turbomachinery Sales, Revenue, Price and Gross Margin (2020-2022)
13.12.4 Energy Control Technologies Main Business Overview
13.12.5 Energy Control Technologies Latest Developments
13.13