Europe Turbomachinery Market for Oil & Gas – Growth, Trends & Forecasts Report 2015-2020 – Research and Markets

February 8, 2016

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DUBLIN–(BUSINESS WIRE)–Research and Markets ( has announced the addition of the “Europe Turbomachinery Market for Oil and Gas – Growth Trends and Forecasts (2015-2020)” report to their offering.

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.

Companies Mentioned:

  • 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

Report Structure:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Key Inferences

5. Market Overview and Industry Trends

6. Drivers, Restraints and Opportunities

7. Europe Turbomachinery Market, Value Chain Analysis

8. Europe Turbomachinery Market, By Countries

9. Europe Turbomachinery Market, By Application

10. Europe Turbomachinery Market, By Type

11. Competitive Landscape

12. Key Company Analysis

13. Appendix

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Category: Oil & Gas