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Centrifugal Compressor Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2023-2031

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    Report

  • 115 Pages
  • January 2024
  • Region: Global
  • Acute Market Reports
  • ID: 5932816
Description Jump to:
The centrifugal compressor market is a critical component of various industries, providing efficient compression solutions for diverse applications. The centrifugal compressor market plays a crucial role in supporting the expanding needs of industries driven by industrialization, energy efficiency, and oil and gas exploration. The market is expected to grow at a CAGR of 4.9% during the forecast period of 2024 to 2032. While the industry faces challenges related to raw material price volatility, technological advancements and strategic initiatives by key players are expected to mitigate these challenges. Market dynamics vary across compressor types, discharge pressures, and geographic regions, highlighting the adaptability and versatility of centrifugal compressors. As major players continue to drive innovation and address industry challenges, the centrifugal compressor market is poised to play a vital role in shaping the future of compressed air solutions across diverse industrial applications.

Increasing Industrialization and Manufacturing Activities

The relentless pace of global industrialization and manufacturing activities has been a pivotal driver for the centrifugal compressor market. Industries such as petrochemicals, chemicals, and manufacturing rely heavily on compressed air for various processes. Evidence of this driver is observed in the substantial investments made by major industrial players like ExxonMobil and DowDuPont in expanding their manufacturing capacities, driving the demand for efficient compression solutions.

Growing Emphasis on Energy Efficiency

The global emphasis on energy efficiency and sustainability has driven the demand for advanced, energy-efficient compression technologies. Centrifugal compressors, known for their efficiency, have become integral in achieving energy savings across industries. Major players like Siemens and Atlas Copco have led the way in developing innovative, energy-efficient compressor solutions. The evidence lies in the increasing adoption of centrifugal compressors in industries striving to reduce energy consumption and minimize their environmental footprint.

Expanding Oil and Gas Exploration and Production

The continuous expansion of oil and gas exploration and production activities globally has significantly contributed to the growth of the centrifugal compressor market. With increasing demand for energy, oil and gas companies such as Shell and Chevron are investing in new exploration projects. The evidence is reflected in the rising installations of centrifugal compressors in offshore platforms and onshore facilities, catering to the compression needs of extracted gases and petroleum products.

Restraint

Despite the positive momentum, a notable restraint in the centrifugal compressor market is the challenge posed by volatile raw material prices. In 2023, fluctuations in material costs, including steel and alloys used in compressor manufacturing, impacted the overall pricing and profitability of compressor manufacturers. Evidence of this restraint is seen in the financial reports of companies such as Ingersoll Rand and Gardner Denver, highlighting the vulnerability of profit margins to raw material price volatility.

Market Segmentation by Type: Multi-stage centrifugal compressor Dominates the Market

The market can be segmented based on the type of centrifugal compressors, including single-stage and multi-stage configurations. In 2023, the highest revenue and CAGR were observed in the multi-stage centrifugal compressor segment, driven by their ability to handle higher pressure ratios. However, during the forecast period of 2024 to 2032, the single-stage centrifugal compressor segment is expected to exhibit the highest CAGR, reflecting the demand for simpler and more energy-efficient compression solutions in various applications.

Market Segmentation by Discharge Pressure: Below 20 Bars Dominate the Market

Segmenting the market by discharge pressure includes below 20 bars, between 20 and 200 bars, between 200 and 400 bars, and above 400 bars. In 2023, the highest revenue and CAGR were observed in the below 20 bars and between 20 and 200 bars segments, driven by the widespread use of centrifugal compressors in applications with moderate pressure requirements. However, during the forecast period of 2024 to 2032, the above 400 bars segment is expected to exhibit the highest CAGR, reflecting the demand for high-pressure compression in specialized industries such as petrochemicals and oil refining.

APAC remains the Market Leader

Geographically, the centrifugal compressor market exhibits diverse trends. In 2023, Asia-Pacific led in both revenue and CAGR, driven by the rapid industrialization and infrastructure development in countries like China and India. However, the Middle East is expected to experience the highest CAGR during the forecast period, fueled by the continuous growth in oil and gas activities and industrial expansion in the region.

Market Competition to Intensify during the Forecast Period

Top players in the centrifugal compressor market include Siemens, Atlas Copco, ExxonMobil, DowDuPont, Shell, Chevron, Ingersoll Rand, Gardner Denver, Baker Hughes Company, Fs-Elliott CO., LLC, Hitachi, Ltd., Howden Group, IHI Rotating Machinery Engineering Co., Ltd., Kobe Steel, LTD. (Kobelco) and Nanjing SAG Equipment Co., Ltd. These companies deploy diverse strategies, including technological innovation, mergers and acquisitions, and global partnerships, to maintain their competitive edge. In 2023, their revenues reflected market leadership, with expectations of sustained growth during the forecast period.

Historical & Forecast Period

This study report represents analysis of each segment from 2021 to 2031 considering 2022 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2023 to 2031.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Centrifugal Compressor market are as follows:
  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generated by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Centrifugal Compressor market and their expected impact during the forecast period.
The market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. The gowth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. The application of both top down and bottom-up approaches for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Type

  • Single-stage centrifugal compressor
  • Overhang Compressor
  • Between Bearing Design
  • Integrally Geared
  • Multi-stage centrifugal compressor
  • Horizontally Split
  • Vertically Split
  • Compressor with Bell Casing
  • Pipeline Compressor
  • Integrally Geared

Discharge Pressure

  • Below 20 Bars
  • Between 20 and 200 Bars
  • Between 200 and 400 Bars
  • Above 400 Bars

End-User

  • Oil & Gas
  • Power
  • Petrochemicals
  • Chemicals & Fertilizers
  • Textiles
  • Automotive
  • HVAC
  • Others (Metals, Textiles, etc.)

Distribution Channel

  • Direct Sales
  • Indirect Sales

Region Segment (2021-2031; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key Questions Answered in This Report

  • What are the key micro and macro environmental factors that are impacting the growth of Centrifugal Compressor market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2031.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Centrifugal Compressor market?
  • Which is the largest regional market for Centrifugal Compressor market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Centrifugal Compressor market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Centrifugal Compressor market worldwide?


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Table of Contents

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Centrifugal Compressor Market
2.2. Global Centrifugal Compressor Market, By Type, 2023 (US$ Million)
2.3. Global Centrifugal Compressor Market, By Discharge Pressure, 2023 (US$ Million)
2.4. Global Centrifugal Compressor Market, By End-User, 2023 (US$ Million)
2.5. Global Centrifugal Compressor Market, By Distribution Channel, 2023 (US$ Million)
2.6. Global Centrifugal Compressor Market, By Geography, 2023 (US$ Million)
2.7. Attractive Investment Proposition by Geography, 2023
3. Centrifugal Compressor Market: Competitive Analysis
3.1. Market Positioning of Key Centrifugal Compressor Market Vendors
3.2. Strategies Adopted by Centrifugal Compressor Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2023 Versus 2032
4. Centrifugal Compressor Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Centrifugal Compressor Market Value, 2022-2032, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis
4.6. Porter's Five Force Model
4.6.1. Supplier Power
4.6.2. Buyer Power
4.6.3. Threat Of Substitutes
4.6.4. Threat Of New Entrants
4.6.5. Competitive Rivalry
4.7. PESTEL Analysis
4.7.1. Political Landscape
4.7.2. Economic Landscape
4.7.3. Technology Landscape
4.7.4. Legal Landscape
4.7.5. Social Landscape
5. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2023 Versus 2032
5.3. Volume and Pricing Analysis, 2022-2032
5.4. Market Segmentation
5.4.1. Single-stage centrifugal compressor
5.4.1.1. Overhang Compressor
5.4.1.2. Between Bearing Design
5.4.1.3. Integrally Geared
5.4.2. Multi-stage centrifugal compressor
5.4.2.1. Horizontally Split
5.4.2.2. Vertically Split
5.4.2.3. Compressor with Bell Casing
5.4.2.4. Pipeline Compressor
5.4.2.5. Integrally Geared
6. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2023 Versus 2032
6.3. Volume and Pricing Analysis, 2022-2032
6.4. Market Segmentation
6.4.1. Below 20 Bars
6.4.2. Between 20 and 200 Bars
6.4.3. Between 200 and 400 Bars
6.4.4. Above 400 Bars
7. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
7.1. Market Overview
7.2. Growth & Revenue Analysis: 2023 Versus 2032
7.3. Volume and Pricing Analysis, 2022-2032
7.4. Market Segmentation
7.4.1. Oil & Gas
7.4.2. Power
7.4.3. Petrochemicals
7.4.4. Chemicals & Fertilizers
7.4.5. Textiles
7.4.6. Automotive
7.4.7. HVAC
7.4.8. Others (Metals, Textiles, etc.)
8. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
8.1. Market Overview
8.2. Growth & Revenue Analysis: 2023 Versus 2032
8.3. Volume and Pricing Analysis, 2022-2032
8.4. Market Segmentation
8.4.1. Direct Sales
8.4.2. Indirect Sales
9. North America Centrifugal Compressor Market, 2022-2032, USD (Million)
9.1. Market Overview
9.2. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
9.3. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
9.4. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
9.5. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
9.6. Centrifugal Compressor Market: By Region, 2022-2032, USD (Million)
9.6.1. North America
9.6.1.1. U.S.
9.6.1.1.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
9.6.1.1.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
9.6.1.1.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
9.6.1.1.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
9.6.1.2. Canada
9.6.1.2.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
9.6.1.2.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
9.6.1.2.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
9.6.1.2.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
9.6.1.3. Rest of North America
9.6.1.3.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
9.6.1.3.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
9.6.1.3.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
9.6.1.3.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
10. UK and European Union Centrifugal Compressor Market, 2022-2032, USD (Million)
10.1. Market Overview
10.2. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
10.3. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
10.4. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
10.5. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
10.6. Centrifugal Compressor Market: By Region, 2022-2032, USD (Million)
10.6.1. UK and European Union
10.6.1.1. UK
10.6.1.1.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
10.6.1.1.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
10.6.1.1.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
10.6.1.1.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
10.6.1.2. Germany
10.6.1.2.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
10.6.1.2.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
10.6.1.2.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
10.6.1.2.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
10.6.1.3. Spain
10.6.1.3.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
10.6.1.3.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
10.6.1.3.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
10.6.1.3.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
10.6.1.4. Italy
10.6.1.4.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
10.6.1.4.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
10.6.1.4.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
10.6.1.4.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
10.6.1.5. France
10.6.1.5.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
10.6.1.5.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
10.6.1.5.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
10.6.1.5.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
10.6.1.6. Rest of Europe
10.6.1.6.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
10.6.1.6.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
10.6.1.6.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
10.6.1.6.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
11. Asia Pacific Centrifugal Compressor Market, 2022-2032, USD (Million)
11.1. Market Overview
11.2. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
11.3. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
11.4. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
11.5. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
11.6. Centrifugal Compressor Market: By Region, 2022-2032, USD (Million)
11.6.1. Asia Pacific
11.6.1.1. China
11.6.1.1.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
11.6.1.1.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
11.6.1.1.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
11.6.1.1.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
11.6.1.2. Japan
11.6.1.2.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
11.6.1.2.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
11.6.1.2.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
11.6.1.2.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
11.6.1.3. India
11.6.1.3.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
11.6.1.3.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
11.6.1.3.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
11.6.1.3.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
11.6.1.4. Australia
11.6.1.4.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
11.6.1.4.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
11.6.1.4.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
11.6.1.4.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
11.6.1.5. South Korea
11.6.1.5.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
11.6.1.5.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
11.6.1.5.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
11.6.1.5.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
11.6.1.6. Rest of Asia Pacific
11.6.1.6.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
11.6.1.6.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
11.6.1.6.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
11.6.1.6.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
12. Latin America Centrifugal Compressor Market, 2022-2032, USD (Million)
12.1. Market Overview
12.2. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
12.3. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
12.4. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
12.5. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
12.6. Centrifugal Compressor Market: By Region, 2022-2032, USD (Million)
12.6.1. Latin America
12.6.1.1. Brazil
12.6.1.1.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
12.6.1.1.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
12.6.1.1.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
12.6.1.1.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
12.6.1.2. Mexico
12.6.1.2.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
12.6.1.2.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
12.6.1.2.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
12.6.1.2.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
12.6.1.3. Rest of Latin America
12.6.1.3.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
12.6.1.3.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
12.6.1.3.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
12.6.1.3.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
13. Middle East and Africa Centrifugal Compressor Market, 2022-2032, USD (Million)
13.1. Market Overview
13.2. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
13.3. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
13.4. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
13.5. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
13.6. Centrifugal Compressor Market: By Region, 2022-2032, USD (Million)
13.6.1. Middle East and Africa
13.6.1.1. GCC
13.6.1.1.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
13.6.1.1.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
13.6.1.1.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
13.6.1.1.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
13.6.1.2. Africa
13.6.1.2.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
13.6.1.2.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
13.6.1.2.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
13.6.1.2.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
13.6.1.3. Rest of Middle East and Africa
13.6.1.3.1. Centrifugal Compressor Market: By Type, 2022-2032, USD (Million)
13.6.1.3.2. Centrifugal Compressor Market: By Discharge Pressure, 2022-2032, USD (Million)
13.6.1.3.3. Centrifugal Compressor Market: By End-User, 2022-2032, USD (Million)
13.6.1.3.4. Centrifugal Compressor Market: By Distribution Channel, 2022-2032, USD (Million)
14. Company Profiles
14.1. Siemens
14.1.1. Company Overview
14.1.2. Financial Performance
14.1.3. Product Portfolio
14.1.4. Strategic Initiatives
14.2. Atlas Copco
14.2.1. Company Overview
14.2.2. Financial Performance
14.2.3. Product Portfolio
14.2.4. Strategic Initiatives
14.3. ExxonMobil
14.3.1. Company Overview
14.3.2. Financial Performance
14.3.3. Product Portfolio
14.3.4. Strategic Initiatives
14.4. DowDuPont
14.4.1. Company Overview
14.4.2. Financial Performance
14.4.3. Product Portfolio
14.4.4. Strategic Initiatives
14.5. Shell
14.5.1. Company Overview
14.5.2. Financial Performance
14.5.3. Product Portfolio
14.5.4. Strategic Initiatives
14.6. Chevron
14.6.1. Company Overview
14.6.2. Financial Performance
14.6.3. Product Portfolio
14.6.4. Strategic Initiatives
14.7. Ingersoll Rand
14.7.1. Company Overview
14.7.2. Financial Performance
14.7.3. Product Portfolio
14.7.4. Strategic Initiatives
14.8. Gardner Denver
14.8.1. Company Overview
14.8.2. Financial Performance
14.8.3. Product Portfolio
14.8.4. Strategic Initiatives
14.9. Baker Hughes Company
14.9.1. Company Overview
14.9.2. Financial Performance
14.9.3. Product Portfolio
14.9.4. Strategic Initiatives
14.10. Fs-Elliott CO., LLC
14.10.1. Company Overview
14.10.2. Financial Performance
14.10.3. Product Portfolio
14.10.4. Strategic Initiatives
14.11. Hitachi, Ltd.
14.11.1. Company Overview
14.11.2. Financial Performance
14.11.3. Product Portfolio
14.11.4. Strategic Initiatives
14.12. Howden Group
14.12.1. Company Overview
14.12.2. Financial Performance
14.12.3. Product Portfolio
14.12.4. Strategic Initiatives
14.13. IHI Rotating Machinery Engineering Co., Ltd.
14.13.1. Company Overview
14.13.2. Financial Performance
14.13.3. Product Portfolio
14.13.4. Strategic Initiatives
14.14. Kobe Steel, LTD.
14.14.1. Company Overview
14.14.2. Financial Performance
14.14.3. Product Portfolio
14.14.4. Strategic Initiatives
14.15. Nanjing SAG Equipment Co., Ltd.
14.15.1. Company Overview
14.15.2. Financial Performance
14.15.3. Product Portfolio
14.15.4. Strategic Initiatives
14.16. Other Notable Players
14.16.1. Company Overview
14.16.2. Financial Performance
14.16.3. Product Portfolio
14.16.4. Strategic Initiatives
List of Figures
Figure 1 Global Centrifugal Compressor Market: Market Coverage
Figure 2 Research Methodology and Data Sources
Figure 3 Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4 Global Centrifugal Compressor Market: Quality Assurance
Figure 5 Global Centrifugal Compressor Market, by Type, 2023
Figure 6 Global Centrifugal Compressor Market, by Discharge Pressure, 2023
Figure 7 Global Centrifugal Compressor Market, by End-User, 2023
Figure 8 Global Centrifugal Compressor Market, by Distribution Channel, 2023
Figure 9 Global Centrifugal Compressor Market, by Geography, 2023
Figure 10 Market Geographical Opportunity Matrix - Global Centrifugal Compressor Market, 2023
Figure 11 Market Positioning of Key Centrifugal Compressor Market Players, 2023
Figure 12 Global Centrifugal Compressor Market - Tier Analysis - Percentage of Revenues by Tier Level, 2023 Versus 2032
Figure 13 Global Centrifugal Compressor Market, by Type, 2023 Vs 2032, %
Figure 14 Global Centrifugal Compressor Market, by Discharge Pressure, 2023 Vs 2032, %
Figure 15 Global Centrifugal Compressor Market, by End-User, 2023 Vs 2032, %
Figure 16 Global Centrifugal Compressor Market, by Distribution Channel, 2023 Vs 2032, %
Figure 17 U.S. Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 18 Canada Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 19 Rest of North America Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 20 UK Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 21 Germany Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 22 Spain Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 23 Italy Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 24 France Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 25 Rest of Europe Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 26 China Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 27 Japan Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 28 India Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 29 Australia Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 30 South Korea Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 31 Rest of Asia Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 32 Brazil Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 33 Mexico Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 34 Rest of Latin America Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 35 GCC Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 36 Africa Centrifugal Compressor Market (US$ Million), 2022-2032
Figure 37 Rest of Middle East and Africa Centrifugal Compressor Market (US$ Million), 2022-2032
List of Tables
Table 1 Global Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 2 Global Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 3 Global Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 4 Global Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 5 Global Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 6 Global Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 7 North America Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 8 North America Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 9 North America Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 10 North America Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 11 North America Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 12 North America Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 13 U.S. Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 14 U.S. Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 15 U.S. Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 16 U.S. Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 17 U.S. Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 18 U.S. Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 19 Canada Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 20 Canada Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 21 Canada Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 22 Canada Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 23 Canada Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 24 Canada Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 25 Rest of North America Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 26 Rest of North America Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 27 Rest of North America Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 28 Rest of North America Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 29 Rest of North America Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 30 Rest of North America Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 31 UK and European Union Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 32 UK and European Union Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 33 UK and European Union Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 34 UK and European Union Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 35 UK and European Union Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 36 UK and European Union Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 37 UK Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 38 UK Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 39 UK Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 40 UK Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 41 UK Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 42 UK Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 43 Germany Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 44 Germany Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 45 Germany Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 46 Germany Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 47 Germany Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 48 Germany Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 49 Spain Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 50 Spain Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 51 Spain Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 52 Spain Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 53 Spain Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 54 Spain Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 55 Italy Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 56 Italy Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 57 Italy Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 58 Italy Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 59 Italy Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 60 Italy Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 61 France Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 62 France Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 63 France Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 64 France Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 65 France Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 66 France Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 67 Rest of Europe Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 68 Rest of Europe Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 69 Rest of Europe Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 70 Rest of Europe Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 71 Rest of Europe Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 72 Rest of Europe Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 73 Asia Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 74 Asia Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 75 Asia Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 76 Asia Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 77 Asia Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 78 Asia Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 79 China Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 80 China Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 81 China Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 82 China Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 83 China Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 84 China Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 85 Japan Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 86 Japan Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 87 Japan Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 88 Japan Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 89 Japan Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 90 Japan Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 91 India Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 92 India Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 93 India Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 94 India Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 95 India Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 96 India Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 97 Australia Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 98 Australia Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 99 Australia Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 100 Australia Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 101 Australia Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 102 Australia Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 103 South Korea Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 104 South Korea Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 105 South Korea Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 106 South Korea Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 107 South Korea Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 108 South Korea Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 109 Latin America Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 110 Latin America Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 111 Latin America Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 112 Latin America Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 113 Latin America Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 114 Latin America Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 115 Brazil Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 116 Brazil Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 117 Brazil Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 118 Brazil Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 119 Brazil Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 120 Brazil Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 121 Mexico Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 122 Mexico Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 123 Mexico Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 124 Mexico Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 125 Mexico Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 126 Mexico Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 127 Rest of Latin America Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 128 Rest of Latin America Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 129 Rest of Latin America Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 130 Rest of Latin America Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 131 Rest of Latin America Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 132 Rest of Latin America Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 133 Middle East and Africa Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 134 Middle East and Africa Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 135 Middle East and Africa Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 136 Middle East and Africa Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 137 Middle East and Africa Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 138 Middle East and Africa Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 139 GCC Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 140 GCC Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 141 GCC Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 142 GCC Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 143 GCC Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 144 GCC Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 145 Africa Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 146 Africa Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 147 Africa Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 148 Africa Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 149 Africa Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 150 Africa Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)
Table 151 Rest of Middle East and Africa Centrifugal Compressor Market by Type, 2022-2032, USD (Million)
Table 152 Rest of Middle East and Africa Centrifugal Compressor Market by Single-stage centrifugal compressor, 2022-2032, USD (Million)
Table 153 Rest of Middle East and Africa Centrifugal Compressor Market by Multi-stage centrifugal compressor, 2022-2032, USD (Million)
Table 154 Rest of Middle East and Africa Centrifugal Compressor Market by Discharge Pressure, 2022-2032, USD (Million)
Table 155 Rest of Middle East and Africa Centrifugal Compressor Market by End-User, 2022-2032, USD (Million)
Table 156 Rest of Middle East and Africa Centrifugal Compressor Market by Distribution Channel, 2022-2032, USD (Million)

Companies Mentioned

  • Siemens
  • Atlas Copco
  • ExxonMobil
  • DowDuPont
  • Shell
  • Chevron
  • Ingersoll Rand
  • Gardner Denver
  • Baker Hughes Company
  • Fs-Elliott CO. LLC
  • Hitachi, Ltd.
  • Howden Group
  • IHI Rotating Machinery Engineering Co. Ltd.
  • Kobe Steel, LTD.
  • Nanjing SAG Equipment Co. Ltd.

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