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Global Centrifugal Compressors Market Research Report 2024
Synopsis
Centrifugal compressors, sometimes called radial compressors, are a sub-class of dynamic axisymmetric work-absorbing turbomachinery. They achieve a pressure rise by adding kinetic energy/velocity to a continuous flow of fluid through the rotor or impeller.
The global Centrifugal Compressors market was valued at US$ 1830.7 million in 2023 and is anticipated to reach US$ 2272.7 million by 2030, witnessing a CAGR of 3.1% during the forecast period 2024-2030.
Global centrifugal compressors key players include Atlas Copco, Ingersoll Rand, Siemens, Kobelco, IHI, etc. Global top 3 manufacturers hold a share about 30%. North America is the largest market, both with a share about 30%, followed by Asia-Pacific and Europe, with a share both about 27 percent.
This report aims to provide a comprehensive presentation of the global market for Centrifugal Compressors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Centrifugal Compressors.
Report Scope
The Centrifugal Compressors market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Centrifugal Compressors market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Centrifugal Compressors manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Atlas Copco
Elliott
Ingersoll Rand
Siemens Energy
GE Oil & Gas
MAN Diesel & Turbo
Gardner Denver
Kobelco
MHI
Hitachi
Hanwha Techwin
Kawasaki
IHI
Fusheng
Sullair
Segment by Type
Single-stage Centrifugal Compressors
Multi-stage Centrifugal Compressors
Segment by Application
Petrochemical
Industrial Manufacturing
Transportation
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Southease Asia
Latin America
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Centrifugal Compressors manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Centrifugal Compressors by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Centrifugal Compressors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Centrifugal compressors, sometimes called radial compressors, are a sub-class of dynamic axisymmetric work-absorbing turbomachinery. They achieve a pressure rise by adding kinetic energy/velocity to a continuous flow of fluid through the rotor or impeller.
The global Centrifugal Compressors market was valued at US$ 1830.7 million in 2023 and is anticipated to reach US$ 2272.7 million by 2030, witnessing a CAGR of 3.1% during the forecast period 2024-2030.
Global centrifugal compressors key players include Atlas Copco, Ingersoll Rand, Siemens, Kobelco, IHI, etc. Global top 3 manufacturers hold a share about 30%. North America is the largest market, both with a share about 30%, followed by Asia-Pacific and Europe, with a share both about 27 percent.
This report aims to provide a comprehensive presentation of the global market for Centrifugal Compressors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Centrifugal Compressors.
Report Scope
The Centrifugal Compressors market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Centrifugal Compressors market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Centrifugal Compressors manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Atlas Copco
Elliott
Ingersoll Rand
Siemens Energy
GE Oil & Gas
MAN Diesel & Turbo
Gardner Denver
Kobelco
MHI
Hitachi
Hanwha Techwin
Kawasaki
IHI
Fusheng
Sullair
Segment by Type
Single-stage Centrifugal Compressors
Multi-stage Centrifugal Compressors
Segment by Application
Petrochemical
Industrial Manufacturing
Transportation
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Southease Asia
Latin America
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Centrifugal Compressors manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Centrifugal Compressors by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Centrifugal Compressors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Centrifugal Compressors Market Overview
1.1 Product Definition
1.2 Centrifugal Compressors Segment by Type
1.2.1 Global Centrifugal Compressors Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Single-stage Centrifugal Compressors
1.2.3 Multi-stage Centrifugal Compressors
1.3 Centrifugal Compressors Segment by Application
1.3.1 Global Centrifugal Compressors Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Petrochemical
1.3.3 Industrial Manufacturing
1.3.4 Transportation
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Centrifugal Compressors Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Centrifugal Compressors Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Centrifugal Compressors Production Estimates and Forecasts (2019-2030)
1.4.4 Global Centrifugal Compressors Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Centrifugal Compressors Production Market Share by Manufacturers (2019-2024)
2.2 Global Centrifugal Compressors Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Centrifugal Compressors, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Centrifugal Compressors Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Centrifugal Compressors Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Centrifugal Compressors, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Centrifugal Compressors, Product Offered and Application
2.8 Global Key Manufacturers of Centrifugal Compressors, Date of Enter into This Industry
2.9 Centrifugal Compressors Market Competitive Situation and Trends
2.9.1 Centrifugal Compressors Market Concentration Rate
2.9.2 Global 5 and 10 Largest Centrifugal Compressors Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Centrifugal Compressors Production by Region
3.1 Global Centrifugal Compressors Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Centrifugal Compressors Production Value by Region (2019-2030)
3.2.1 Global Centrifugal Compressors Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Centrifugal Compressors by Region (2025-2030)
3.3 Global Centrifugal Compressors Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Centrifugal Compressors Production by Region (2019-2030)
3.4.1 Global Centrifugal Compressors Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Centrifugal Compressors by Region (2025-2030)
3.5 Global Centrifugal Compressors Market Price Analysis by Region (2019-2024)
3.6 Global Centrifugal Compressors Production and Value, Year-over-Year Growth
3.6.1 North America Centrifugal Compressors Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Centrifugal Compressors Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Centrifugal Compressors Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Centrifugal Compressors Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Centrifugal Compressors Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Centrifugal Compressors Production Value Estimates and Forecasts (2019-2030)
3.6.7 Southease Asia Centrifugal Compressors Production Value Estimates and Forecasts (2019-2030)
3.6.8 Latin America Centrifugal Compressors Production Value Estimates and Forecasts (2019-2030)
4 Centrifugal Compressors Consumption by Region
4.1 Global Centrifugal Compressors Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Centrifugal Compressors Consumption by Region (2019-2030)
4.2.1 Global Centrifugal Compressors Consumption by Region (2019-2024)
4.2.2 Global Centrifugal Compressors Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Centrifugal Compressors Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Centrifugal Compressors Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Centrifugal Compressors Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Centrifugal Compressors Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Centrifugal Compressors Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Centrifugal Compressors Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Centrifugal Compressors Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Centrifugal Compressors Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Centrifugal Compressors Production by Type (2019-2030)
5.1.1 Global Centrifugal Compressors Production by Type (2019-2024)
5.1.2 Global Centrifugal Compressors Production by Type (2025-2030)
5.1.3 Global Centrifugal Compressors Production Market Share by Type (2019-2030)
5.2 Global Centrifugal Compressors Production Value by Type (2019-2030)
5.2.1 Global Centrifugal Compressors Production Value by Type (2019-2024)
5.2.2 Global Centrifugal Compressors Production Value by Type (2025-2030)
5.2.3 Global Centrifugal Compressors Production Value Market Share by Type (2019-2030)
5.3 Global Centrifugal Compressors Price by Type (2019-2030)
6 Segment by Application
6.1 Global Centrifugal Compressors Production by Application (2019-2030)
6.1.1 Global Centrifugal Compressors Production by Application (2019-2024)
6.1.2 Global Centrifugal Compressors Production by Application (2025-2030)
6.1.3 Global Centrifugal Compressors Production Market Share by Application (2019-2030)
6.2 Global Centrifugal Compressors Production Value by Application (2019-2030)
6.2.1 Global Centrifugal Compressors Production Value by Application (2019-2024)
6.2.2 Global Centrifugal Compressors Production Value by Application (2025-2030)
6.2.3 Global Centrifugal Compressors Production Value Market Share by Application (2019-2030)
6.3 Global Centrifugal Compressors Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Atlas Copco
7.1.1 Atlas Copco Centrifugal Compressors Corporation Information
7.1.2 Atlas Copco Centrifugal Compressors Product Portfolio
7.1.3 Atlas Copco Centrifugal Compressors Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Atlas Copco Main Business and Markets Served
7.1.5 Atlas Copco Recent Developments/Updates
7.2 Elliott
7.2.1 Elliott Centrifugal Compressors Corporation Information
7.2.2 Elliott Centrifugal Compressors Product Portfolio
7.2.3 Elliott Centrifugal Compressors Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Elliott Main Business and Markets Served
7.2.5 Elliott Recent Developments/Updates
7.3 Ingersoll Rand
7.3.1 Ingersoll Rand Centrifugal Compressors Corporation Information
7.3.2 Ingersoll Rand Centrifugal Compressors Product Portfolio
7.3.3 Ingersoll Rand Centrifugal Compressors Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Ingersoll Rand Main Business and Markets Served
7.3.5 Ingersoll Rand Recent Developments/Updates
7.4 Siemens Energy
7.4.1 Siemens Energy Centrifugal Compressors Corporation Information
7.4.2 Siemens Energy Centrifugal Compressors Product Portfolio
7.4.3 Siemens Energy Centrifugal Compressors Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Siemens Energy Main Business and Markets Served
7.4.5 Siemens Energy Recent Developments/Updates
7.5 GE Oil & Gas
7.5.1 GE Oil & Gas Centrifugal Compressors Corporation Information
7.5.2 GE Oil & Gas Centrifugal Compressors Product Portfolio
7.5.3 GE Oil & Gas Centrifugal Compressors Production, Value, Price and Gross Margin (2019-2024)
7.5.4 GE Oil & Gas Main Business and Markets Served
7.5.5 GE Oil & Gas Recent Developments/Updates
7.6 MAN Diesel & Turbo
7.6.1 MAN Diesel & Turbo Centrifugal Compressors Corporation Information
7.6.2 MAN Diesel & Turbo Centrifugal Compressors Product Portfolio
7.6.3 MAN Diesel & Turbo Centrifugal Compressors Production, Value, Price and Gross Margin (2019-2024)
7.6.4 MAN Diesel & Turbo Main Business and Markets Served
7.6.5 MAN Diesel & Turbo Recent Developments/Updates
7.7 Gardner Denver
7.7.1 Gardner Denver Centrifugal Compressors Corporation Information
7.7.2 Gardner Denver Centrifugal Compressors Product Portfolio
7.7.3 Gardner Denver Centrifugal Compressors Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Gardner Denver Main Business and Markets Served
7.7.5 Gardner Denver Recent Developments/Updates
7.8 Kobelco
7.8.1 Kobelco Centrifugal Compressors Corporation Information
7.8.2 Kobelco Centrifugal Compressors Product Portfolio
7.8.3 Kobelco Centrifugal Compressors Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Kobelco Main Business and Markets Served
7.7.5 Kobelco Recent Developments/Updates
7.9 MHI
7.9.1 MHI Centrifugal Compressors Corporation Information
7.9.2 MHI Centrifugal Compressors Product Portfolio
7.9.3 MHI Centrifugal Compressors Production, Value, Price and Gross Margin (2019-2024)
7.9.4 MHI Main Business and Markets Served
7.9.5 MHI Recent Developments/Updates
7.10 Hitachi
7.10.1 Hitachi Centrifugal Compressors Corporation Information
7.10.2 Hitachi Centrifugal Compressors Product Portfolio
7.10.3 Hitachi Centrifugal Compressors Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Hitachi Main Business and Markets Served
7.10.5 Hitachi Recent Developments/Updates
7.11 Hanwha Techwin
7.11.1 Hanwha Techwin Centrifugal Compressors Corporation Information
7.11.2 Hanwha Techwin Centrifugal Compressors Product Portfolio
7.11.3 Hanwha Techwin Centrifugal Compressors Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Hanwha Techwin Main Business and Markets Served
7.11.5 Hanwha Techwin Recent Developments/Updates
7.12 Kawasaki
7.12.1 Kawasaki Centrifugal Compressors Corporation Information
7.12.2 Kawasaki Centrifugal Compressors Product Portfolio
7.12.3 Kawasaki Centrifugal Compressors Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Kawasaki Main Business and Markets Served
7.12.5 Kawasaki Recent Developments/Updates
7.13 IHI
7.13.1 IHI Centrifugal Compressors Corporation Information
7.13.2 IHI Centrifugal Compressors Product Portfolio
7.13.3 IHI Centrifugal Compressors Production, Value, Price and Gross Margin (2019-2024)
7.13.4 IHI Main Business and Markets Served
7.13.5 IHI Recent Developments/Updates
7.14 Fusheng
7.14.1 Fusheng Centrifugal Compressors Corporation Information
7.14.2 Fusheng Centrifugal Compressors Product Portfolio
7.14.3 Fusheng Centrifugal Compressors Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Fusheng Main Business and Markets Served
7.14.5 Fusheng Recent Developments/Updates
7.15 Sullair
7.15.1 Sullair Centrifugal Compressors Corporation Information
7.15.2 Sullair Centrifugal Compressors Product Portfolio
7.15.3 Sullair Centrifugal Compressors Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Sullair Main Business and Markets Served
7.15.5 Sullair Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Centrifugal Compressors Industry Chain Analysis
8.2 Centrifugal Compressors Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Centrifugal Compressors Production Mode & Process
8.4 Centrifugal Compressors Sales and Marketing
8.4.1 Centrifugal Compressors Sales Channels
8.4.2 Centrifugal Compressors Distributors
8.5 Centrifugal Compressors Customers
9 Centrifugal Compressors Market Dynamics
9.1 Centrifugal Compressors Industry Trends
9.2 Centrifugal Compressors Market Drivers
9.3 Centrifugal Compressors Market Challenges
9.4 Centrifugal Compressors Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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