Market Overview:
The global single-stage turbo-compressors market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for single-stage turbo-compressors from various end user industries such as marine, mining, railway and electric power. On the basis of type, diesel engines are expected to account for a larger share of the global single stage turbo compressors market during the forecast period. This can be attributed to their high efficiency and low emissions as compared with gas engines. Gas engines are expected to grow at a higher rate than diesel engines over the forecast period due their lower emissions and fuel consumption rates. Based on application, marine is expected to account for majority share of the global single stage turbo compressors market during 2018–2030 owing its growing demand from various countries across different regions in Asia Pacific region followed by Europe region respectively .
Product Definition:
single-stage turbo-compressors are compressors that have one set of rotating blades in the compressor section. these compressors are used to increase the pressure of a fluid, often gas, by bringing it into contact with a rotating impeller. this type of compressor is important because it can be used to pressurize gases for use in many applications, including turbines and engines.
Diesel Engines:
Diesel engines are used in a variety of equipment such as construction machinery, agricultural machinery, mining equipment and material handling equipment. The diesel engine is expected to witness significant growth over the forecast period owing to its ability to provide higher power-to-weight ratio which results in better performance for a given weight carrying capacity. Diesel engines find their application across various end-user industries due to characteristics such as reliability and high tolerance towards abuse.
Gas Engines:
Single-stage turbo-compressors are gas engines, which operate at high speed and have a wide range of applications in the oil & gas industry. The single stage turbo compressor is used to increase the pressure of air supplied to the turbine wheel by compressed air or another gaseous medium.
Application Insights:
The railway application segment led the market and accounted for more than a 29% share of the global revenue in 2017. The segment is projected to witness significant growth over the forecast period owing to rising demand for diesel locomotives and railcars, particularly in developing countries such as China, India, Brazil and South Korea. In addition, single-stage turbo-compressors are used as an auxiliary power unit on board ships which are used for providing electrical power through ship's batteries.
Single-stage compressors provide high efficiency with low energy consumption thus lowering carbon emissions significantly when compared to other technologies such as multi- stage or HVAC systems that use mechanical ventilation air handling units (VAHUs). Furthermore, these compressors eliminate ducts along with additional costs associated therewith thereby reducing installation cost per ton of freight carried by railways.
Regional Analysis:
Europe was the largest regional market in 2017 and will expand further at a steady CAGR from 2018 to 2030 owing to stringent emission norms and regulations by the European Union. The region accounted for over 35% of the overall revenue share in 2017, which can be attributed to high product demand from industries, such as marine, railway & mining. Moreover, Europe is home to several automotive manufacturers who are early adopters of technologies; this factor is expected to drive product demand during the forecast period.
The Asia Pacific is projected to be one of the fastest-growing markets due its rapidly expanding industrial sector coupled with increasing foreign investments in developing countries such as China and India. Furthermore, rising disposable income levels among middle-class population groups are anticipated boost sales volume growth across numerous applications within these countries over next eight years.
Growth Factors:
- Increasing demand for single-stage turbo-compressors in the oil and gas industry to meet the rising production needs.
- Growing popularity of single-stage turbo-compressors in various end-use industries such as chemical, food & beverage, and pharmaceuticals due to their high performance and efficiency.
- Rising investments by key players in research and development activities to develop new technologies and products for the single-stage turbo-compressor market.
- Proliferation of small scale enterprises that are increasingly adopting single stage turbo compressors owing to their low initial investment cost and easy installation process.
Scope Of The Report
Report Attributes
Report Details
Report Title
Single-Stage Turbo-Compressors Market Research Report
By Type
Diesel Engines, Gas Engines
By Application
Marine, Mining, Railway, Electric Power
By Companies
ABB Turbocharging, Celeroton AG, Howden, Continental Industrie, Mitsubishi Electric, Garrett Motion
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Single-Stage Turbo-Compressors Market Report Segments:
The global Single-Stage Turbo-Compressors market is segmented on the basis of:
Types
Diesel Engines, Gas Engines
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Marine, Mining, Railway, Electric Power
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB Turbocharging
- Celeroton AG
- Howden
- Continental Industrie
- Mitsubishi Electric
- Garrett Motion
Highlights of The Single-Stage Turbo-Compressors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Diesel Engines
- Gas Engines
- By Application:
- Marine
- Mining
- Railway
- Electric Power
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Single-Stage Turbo-Compressors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A single-stage turbo-compressor is a compressor that uses a single turbine to compress the air. This type of compressor is more efficient than a two-stage turbo-compressor because it uses less energy to compress the air.
Some of the major players in the single-stage turbo-compressors market are ABB Turbocharging, Celeroton AG, Howden, Continental Industrie, Mitsubishi Electric, Garrett Motion.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Single-Stage Turbo-Compressors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Single-Stage Turbo-Compressors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Single-Stage Turbo-Compressors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Single-Stage Turbo-Compressors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Single-Stage Turbo-Compressors Market Size & Forecast, 2020-2028
4.5.1 Single-Stage Turbo-Compressors Market Size and Y-o-Y Growth
4.5.2 Single-Stage Turbo-Compressors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Diesel Engines
5.2.2 Gas Engines
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Marine
6.2.2 Mining
6.2.3 Railway
6.2.4 Electric Power
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Single-Stage Turbo-Compressors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Single-Stage Turbo-Compressors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Diesel Engines
9.6.2 Gas Engines
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Marine
9.10.2 Mining
9.10.3 Railway
9.10.4 Electric Power
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Diesel Engines
10.6.2 Gas Engines
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Marine
10.10.2 Mining
10.10.3 Railway
10.10.4 Electric Power
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Diesel Engines
11.6.2 Gas Engines
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Marine
11.10.2 Mining
11.10.3 Railway
11.10.4 Electric Power
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Diesel Engines
12.6.2 Gas Engines
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Marine
12.10.2 Mining
12.10.3 Railway
12.10.4 Electric Power
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Diesel Engines
13.6.2 Gas Engines
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Marine
13.10.2 Mining
13.10.3 Railway
13.10.4 Electric Power
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Single-Stage Turbo-Compressors Market: Competitive Dashboard
14.2 Global Single-Stage Turbo-Compressors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB Turbocharging
14.3.2 Celeroton AG
14.3.3 Howden
14.3.4 Continental Industrie
14.3.5 Mitsubishi Electric
14.3.6 Garrett Motion
