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The market is segmented by Deployment (Onshore, Offshore), Industry (Upstream, Midstream and Downstream), Type (Gas & Steam Turbine, Gas Compressor, Pump, and Others), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa)
Fastest Growing Market:
The turbomachinery market is expected to witness growth at a CAGR greater than 4% and majorly dependent on the upstream, midstream, and downstream sectors. The outlook for the upstream sector is expected to be positive with the rising crude oil price. The midstream sector is driven by the under construction and upcoming natural gas infrastructure, led by North America. Growth in all the sectors is expected to drive the demand for oil and gas turbomachinery market. However, the turbomachinery require high capital and has high installation as well as maintenance cost. Moreover, the functioning of the turbo-machines are often associated with the emission of green house gases which pose environmental threats.
The oil & gas industry turbomachinery market report include:
|Gas & Steam Turbine|
|Middle-East and Africa|
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The oil & gas turbomachinery market is moderately fragmented due to many companies operating in the industry. The key players in this market include General Electric, Siemens AG, Sulzer Ltd, Air Products & Chemicals,MAN Diesel & Turbo, Caterpillar, and others.
1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions
2. EXECUTIVE SUMMARY
3. RESEARCH METHODOLOGY
4. MARKET OVERVIEW
4.2 Market Size and Demand Forecast, in USD billion, till 2025
4.3 Recent Trends and Developments
4.4 Government Policies and Regulations
4.5 Market Dynamics
4.6 Supply Chain Analysis
4.7 Porter's Five Forces Analysis
4.7.1 Bargaining Power of Suppliers
4.7.2 Bargaining Power of Consumers
4.7.3 Threat of New Entrants
4.7.4 Threat of Substitutes Products and Services
4.7.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.3.1 Gas & Steam Turbine
5.3.2 Gas Compressor
5.4.1 North America
5.4.4 South America
5.4.5 Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
6.3.1 General Electric Company
6.3.2 Siemens AG
6.3.3 Sulzer Ltd
6.3.4 Air Products & Chemicals, Inc.
6.3.5 MAN SE
6.3.6 Caterpillar Inc.
6.3.7 Elliott Group Ltd.
6.3.8 Atlas Copco AB Class A
6.3.9 Kobe Steel Ltd
6.3.10 Galileo Technologies S.A.
7. MARKET OPPORTUNITIES AND FUTURE TRENDS