Global Research Global Turbo Compressors Market Trends, Analysis, | Page 2

Prominent factors that are contributing considerably in the growth of the market include rising adoption for the
purpose of power generation and chemical processes, developing liquefied natural gas trade among various nations,
improved technologies, robust industrialization, and urbanization.
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The only factor that is acting as a major hurdle in the growth of the market include strict regulations and norms laid
down by the government authorities in the oil and gas sector regarding environment and augmenting customization
demands from the end-user industries. Despite these issues, it has been estimated that the presence of highly
developed technologies and augmented adoption of turbo compressors in CO2 transmissions will keep on providing
huge market growth opportunities.
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Market Segment:
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million
USD), market share and growth rate of Turbo Compressor in these regions, from 2013 to 2025 (forecast), covering
• North America
• Europe
• China
• Japan
• Southeast Asia
• India