Europe Turbomachinery Market for Oil and Gas - Growth Trends and Forecasts (2016 - 2021)

  • ID: 3611846
  • Report
  • Region: Europe
  • 94 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • ABB Ltd.
  • Alstom SA
  • Crompton Greaves Ltd.
  • Eaton Corp
  • GE Co
  • Powell Industries
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Europe turbomachinery market for oil and gas industry is expected to reach $XX billion in 2020 from $3.58 billion in 2014. It is estimated that the market would grow at a CAGR of XX percent during this period.

Turbomachinery often forms an important cog in the industry to attain efficiency and enhance productivity. They are extensively used in midstream and downstream ‘oil & gas’ industries than in upstream industries. Turbines and centrifugal compressors form an integral part of natural gas liquefaction plants and oil & gas pipeline infrastructure. Nevertheless, turbomachinery applications can also be found in exploration and production activities. For example, in hydraulic fracturing, high pressure pumps are required to force fracking fluids into shale crevices.

The increasing number of oil and gas pipeline projects in the European region is likely to boost the demand for turbomachinery in the region. In 2015, Gazprom signed a memorandum of understanding (MOU) with three European companies to build a second large gas pipeline system under the Baltic Sea called Nord Stream II. The future demand for turbomachinery solutions is going to be for ones that features low emissions, efficiency, and low cost of operations.

This report comprehensively analyzes the European Turbomachinery market by segmenting it based on countries, application and Type. Key drivers and restraints that are effecting the growth of this market are discussed in detail. The study also elucidates on competitive landscape and key market players.

Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • ABB Ltd.
  • Alstom SA
  • Crompton Greaves Ltd.
  • Eaton Corp
  • GE Co
  • Powell Industries
  • MORE
1. Introduction
1.1 Study Deliverables
1.2 Market Definition
1.3 Base Currency
1.4 Review and Forecast Period Years
1.5 General Study Assumptions

2. Research Methodology
2.1 Introduction
2.2 Analysis Methodology
2.3 Econometric Forecast Model
2.4 Research Assumptions

3. Executive Summary

4. Key Inferences

5. Market Overview and Industry Trends
5.1 Current Market Scenario
5.2 Technology Overview
5.3 Recent Developments
5.4 Industry Value-Chain Analysis
5.5 Porter’s Five Forces
5.5.1 Bargaining Power of Suppliers
5.5.2 Bargaining Power of Consumers
5.5.3 Threat of New Entrants
5.5.4 Threat of Substitute Products and Services
5.5.5 Competitive Rivalry within the Industry

6. Drivers, Restraints and Opportunities
6.1 Market Drivers
6.1.1 Increasing demand for energy and petrochemicals
6.1.2 Increasing use of Natural Gas
6.1.3 Technological advances easing day to day operations
6.2 Market Restraints
6.2.1 Political issues causing market instability
6.2.2 High initial cost of investment
6.2.3 Vplatile Oil and Gas Market
6.2.4 Currency exchange rates and interest rates

7. Europe Turbomachinery Market, Value Chain Analysis
7.1 Overview
7.2 Equipment Manufacturers
7.3 Service Providers

8. Europe Turbomachinery Market, By Countries
8.1 Major Countries
8.1.1 UK
8.1.2 Norway
8.1.3 Netherlands
8.1.4 others

9. Europe Turbomachinery Market, By Application
9.1 Offshore
9.2 Onshore

10. Europe Turbomachinery Market, By Type
10.1 Turbine
10.2 Axial and Centrifugal Compressors
10.3 Centrifugal Pumps
10.4 Others

11. Competitive Landscape
11.1 Market Share Analysis
11.2 Mergers & Acquisitions
11.3 Joint Ventures,Collabrations and Agreements

12. Key Company Analysis
12.1 General Electric
12.2 Siemens AG
12.3 Sulzer
12.4 Air Products and Chemicals
12.5 Man Diesel and Turbo
12.6 Mitsubishi Heavy Industries
12.7 Elliott
12.8 Ingersoll Rand
12.9 Kobe Steel

13. Appendix
13.1 Contact Us
13.2 Disclaimer
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- ABB Ltd.
- Alstom SA
- Crompton Greaves Ltd.
- GE Co
- Hyosung Power & Industrial Systems Performance Group
- Mitsubishi Electric Corporation
- Siemens Energy
- Schneider Electric
- Eaton Corp
- Powell Industries
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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