The market is driven by growing investment in oil and gas exploration and production activities, high automotive industry growth, and rapid industrial growth in APAC
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The centrifugal compressor market is forecasted to grow by USD 2.79 billion during 2023-2028, accelerating at a CAGR of 4.46% during the forecast period. The report on the centrifugal compressor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing investment in oil and gas exploration and production activities, high automotive industry growth, and rapid industrial growth in apac.
The centrifugal compressor market is segmented as below:
By Product
- Single-stage
- Multi-stage
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the centrifugal compressor market covers the following areas:
- Centrifugal compressor market sizing
- Centrifugal compressor market forecast
- Centrifugal compressor market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global centrifugal compressor market: Atlas Copco AB, Baker Hughes Co., Ebara Corp., FS ELLIOTT Co. LLC, Fusheng Precision Co. Ltd., General Electric Co., Hanbell Precise Machinery Co. Ltd., Hanwha Power Systems Co. Ltd., Hitachi Ltd., IHI Corp., Ingersoll Rand Inc., Kawasaki Heavy Industries Ltd., Kobe Steel Ltd., MAN Energy Solutions SE, Mitsubishi Heavy Industries Ltd., Mitsui and Co. Ltd., and Siemens Energy AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing merger and acquisitions."
According to the report, one of the major drivers for this market is the growing investment in oil and gas exploration and production activities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Atlas Copco AB
- Baker Hughes Co.
- Ebara Corp.
- FS ELLIOTT Co. LLC
- Fusheng Precision Co. Ltd.
- General Electric Co.
- Hanbell Precise Machinery Co. Ltd.
- Hanwha Power Systems Co. Ltd.
- Hitachi Ltd.
- IHI Corp.
- Ingersoll Rand Inc.
- Kawasaki Heavy Industries Ltd.
- Kobe Steel Ltd.
- MAN Energy Solutions SE
- Mitsubishi Heavy Industries Ltd.
- Mitsui and Co. Ltd.
- Siemens Energy AG
