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South America turbomachinery market for oil and gas industry is expected to reach $XX billion in 2020 from $2.64 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.
Key growth in the region is expected in hydropower - with investments in Brazil of USD 74 billion – and in natural gas pre-salt reserves, and potential huge shale gas reserves in Argentina of 257 TCF (trillions of cubic feet). Total production of crude oil was 7.1 million barrels per day in 2013 and will increase in the coming years. Four countries (Venezuela, Brazil Argentina and Ecuador) are accountable for 96% of total regional production. New investments aim to increase refining capacity to 9.560 thousand barrels per day by 2030. This scenario is expected to increase the demand for Turbomachinery in the continent.
This report comprehensively analyzes the South American 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.
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. South America Turbomachinery Market, Value Chain Analysis
7.1 Overview
7.2 Equipment Manufacturers
7.3 Service Providers
8. South America Turbomachinery Market, By Countries
8.1 Major Countries
8.1.1 Brazil
8.1.2 Venezuela
8.1.3 Argentina
8.1.4 others
9. South America Turbomachinery Market, By Application
9.1 Offshore
9.2 Onshore
10. South 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
