North America TurboMachinery Market for Oil and Gas - Growth Trends and Forecasts (2016 - 2021)

  • ID: 3611852
  • Report
  • Region: America, North America, United States
  • 70 pages
  • Mordor Intelligence
1 of 4


  • Elliott
  • General Electric
  • Ingersoll Rand
  • Kobe Steel
  • Man Diesel and Turbo
  • Siemens AG
  • MORE
North America turbomachinery market for oil and gas industry is expected to reach $XX billion in 2020 from $3.4 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, turbo machinery 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.

Increasing offshore exploration activity in Gulf of Mexico and liberalization of energy sector by Mexico Government, which has sixth-biggest technically recoverable shale gas resources in the world, are also driving the demand for turbomachinery solutions in the continent.

The major restraining factor is the fall in oil prices, which has affected shale oil producers and resulted in reduction of capital investments and massive job cuts. Methods like hydraulic fracturing and horizontal drilling have led to the increase in cost of shale oil production, and the operators in these fields require the oil prices to go up in order to make production economically viable

This report comprehensively analyzes the North America 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


  • Elliott
  • General Electric
  • Ingersoll Rand
  • Kobe Steel
  • Man Diesel and Turbo
  • Siemens AG
  • 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. North America Turbomachinery Market, Value Chain Analysis
7.1 Overview
7.2 Equipment Manufacturers
7.3 Service Providers

8. North America Turbomachinery Market, By Countries
8.1 Major Countries
8.1.1 US
8.1.2 Canada
8.1.3 Mexico
8.1.4 others

9. North America Turbomachinery Market, By Application
9.1 Offshore
9.2 Onshore

10. North America 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
Note: Product cover images may vary from those shown
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4 of 4
- General Electric
- Siemens AG
- Sulzer
- Air Products and Chemicals
- Man Diesel and Turbo
- Mitsubishi Heavy Industries
- Elliott
- Ingersoll Rand
- Kobe Steel
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown