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The Oil and Gas Turbomachinery market is a segment of the Oilfield Equipment and Services industry. It includes a range of products and services related to the design, manufacture, installation, and maintenance of turbomachinery used in the oil and gas industry. This includes gas and steam turbines, compressors, pumps, and other related equipment. The market is driven by the need for efficient and reliable energy production, as well as the need for cost-effective solutions.
The market is highly competitive, with a number of major players offering a range of products and services. Companies in the market include General Electric, Siemens, Mitsubishi Heavy Industries, Dresser-Rand, and Sulzer. These companies are well-established and have a strong presence in the market. Show Less Read more