Centrifugal Compressors - Global Strategic Business Report

The global market for Centrifugal Compressors was valued at US$11.6 Billion in 2024 and is projected to reach US$13.7 Billion by 2030, growing at a CAGR of 2.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Centrifugal Compressors Market - Key Trends & Drivers Summarized

Why Are Centrifugal Compressors Essential in Modern Industrial Applications?

Centrifugal compressors are integral to numerous industrial applications, particularly in sectors such as oil and gas, chemical processing, power generation, and manufacturing, due to their ability to handle high-flow rates efficiently. Unlike reciprocating compressors, centrifugal compressors offer a continuous flow of compressed air or gas, making them ideal for large-scale operations where reliability and efficiency are paramount. Industries rely on these compressors for functions ranging from powering machinery to handling critical gas processes, and recent advancements have expanded their capabilities even further. As industries modernize, the demand for centrifugal compressors that are both powerful and adaptable to various environments continues to grow, reflecting their indispensable role in industrial infrastructure.

How Are Technological Innovations Shaping Centrifugal Compressors?

The centrifugal compressor industry has seen significant advancements in design and technology, including improvements in impeller materials, variable speed drive systems, and enhanced sealing techniques. High-performance materials like titanium and advanced alloys are now used for impellers, enhancing durability in harsh environments. Variable speed drives have introduced greater control over airflow, allowing compressors to operate at optimal speeds and energy levels, thus reducing waste. Additionally, smart control systems now enable real-time monitoring, providing predictive maintenance capabilities that extend equipment life and reduce downtime. These technological innovations are addressing industry demands for energy efficiency, reliability, and reduced operational costs, setting a new standard for centrifugal compressor performance.

What Is Driving Demand for Centrifugal Compressors in Emerging Markets?

Emerging markets, particularly in Asia-Pacific, Latin America, and the Middle East, are becoming key growth areas for centrifugal compressors, spurred by rapid industrialization, urbanization, and infrastructure projects. Expansion in sectors such as manufacturing, construction, and petrochemicals is fueling demand for efficient and robust compressor systems. These markets are increasingly investing in energy-efficient technologies due to rising energy costs and environmental concerns, which makes centrifugal compressors an attractive solution. Furthermore, government regulations in many of these regions are pushing for cleaner and more efficient industrial processes, incentivizing the adoption of compressors that meet stringent performance standards.

The Growth in the Centrifugal Compressor Market Is Driven by Several Factors

The growth of the centrifugal compressor market is driven by technological innovations, the shift towards energy-efficient equipment, and robust demand from key industrial sectors. The development of advanced materials and control systems has significantly improved compressor durability and efficiency, making them appealing to industries facing rising operational costs. Additionally, increasing environmental regulations worldwide are encouraging industries to adopt compressors that meet high efficiency and emission standards. Emerging economies with expanding industrial sectors are also contributing to market growth, as they seek reliable compressor solutions to support infrastructure and manufacturing projects. Collectively, these factors are propelling the centrifugal compressor market forward, solidifying its importance in global industrial operations.

Scope of the Study

The report analyzes the Centrifugal Compressors market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments:

Product (Single Stage Compressors, Multi Stage Compressors); End-Use (Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use, Other End-Uses).

Geographic Regions/Countries:

World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Key Insights:

Market Growth: Understand the significant growth trajectory of the Single Stage Compressors segment, which is expected to reach US$9.0 Billion by 2030 with a CAGR of a 3.6%. The Multi Stage Compressors segment is also set to grow at 1.3% CAGR over the analysis period.
Regional Analysis: Gain insights into the U.S. market, valued at $3.1 Billion in 2024, and China, forecasted to grow at an impressive 5.7% CAGR to reach $2.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as Baker Hughes Company, BOGE Kompressoren Otto Boge GmbH & Co. KG, Ebara Corporation, FS-Elliott Co., LLC, Hanbell Precise Machinery Co. Ltd. and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Why You Should Buy This Report:

Detailed Market Analysis: Access a thorough analysis of the Global Centrifugal Compressors Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Centrifugal Compressors Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

How is the Global Centrifugal Compressors Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?

Some of the 37 companies featured in this Centrifugal Compressors market report include:

Baker Hughes Company
BOGE Kompressoren Otto Boge GmbH & Co. KG
Ebara Corporation
FS-Elliott Co., LLC
Hanbell Precise Machinery Co. Ltd.
Hitachi Industrial Products, Ltd.
IHI Corporation
Ingersoll Rand
Kaeser Kompressoren SE
Kawasaki Heavy Industries Ltd.

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Economic Frontiers: Trends, Trials & Transformations
Centrifugal Compressors - Global Key Competitors Percentage Market Share in 2024 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Growing Demand for Energy-Efficient Compression Solutions
Expansion of Centrifugal Compressor Applications in Oil & Gas Industry
Technological Innovations in Compressor Design for Greater Efficiency
Rising Adoption in Power Generation and Renewable Energy Sectors
Development of Compact and Lightweight Compressor Designs
Demand for High-Pressure Compression in Industrial Applications
Increased Use of Digital Monitoring for Compressor Performance Optimization
Focus on Reducing Operational Costs through Efficient Compressors
Rising Investments in Infrastructure Development Driving Compressor Demand
Growth in Demand for Compressors in HVAC and Refrigeration
Increased Integration with IoT for Predictive Maintenance
Use of Advanced Materials to Enhance Durability and Efficiency

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: World Centrifugal Compressors Market Analysis of Annual Sales in US$ Million for Years 2015 through 2030
TABLE 2: World Recent Past, Current & Future Analysis for Centrifugal Compressors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 3: World Historic Review for Centrifugal Compressors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 4: World 15-Year Perspective for Centrifugal Compressors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2015, 2025 & 2030
TABLE 5: World Recent Past, Current & Future Analysis for Single Stage Compressors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 6: World Historic Review for Single Stage Compressors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 7: World 15-Year Perspective for Single Stage Compressors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
TABLE 8: World Recent Past, Current & Future Analysis for Multi Stage Compressors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 9: World Historic Review for Multi Stage Compressors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 10: World 15-Year Perspective for Multi Stage Compressors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
TABLE 11: World Recent Past, Current & Future Analysis for Oil & Gas End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 12: World Historic Review for Oil & Gas End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 13: World 15-Year Perspective for Oil & Gas End-Use by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
TABLE 14: World Recent Past, Current & Future Analysis for Power Sector End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 15: World Historic Review for Power Sector End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 16: World 15-Year Perspective for Power Sector End-Use by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
TABLE 17: World Recent Past, Current & Future Analysis for Petrochemical & Chemical End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 18: World Historic Review for Petrochemical & Chemical End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 19: World 15-Year Perspective for Petrochemical & Chemical End-Use by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030
TABLE 20: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 21: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 22: World 15-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030

III. MARKET ANALYSIS

UNITED STATES

Centrifugal Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
TABLE 23: USA Recent Past, Current & Future Analysis for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 24: USA Historic Review for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 25: USA 15-Year Perspective for Centrifugal Compressors by Product - Percentage Breakdown of Value Sales for Single Stage Compressors and Multi Stage Compressors for the Years 2015, 2025 & 2030
TABLE 26: USA Recent Past, Current & Future Analysis for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 27: USA Historic Review for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 28: USA 15-Year Perspective for Centrifugal Compressors by End-Use - Percentage Breakdown of Value Sales for Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses for the Years 2015, 2025 & 2030

CANADA

TABLE 29: Canada Recent Past, Current & Future Analysis for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 30: Canada Historic Review for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 31: Canada 15-Year Perspective for Centrifugal Compressors by Product - Percentage Breakdown of Value Sales for Single Stage Compressors and Multi Stage Compressors for the Years 2015, 2025 & 2030
TABLE 32: Canada Recent Past, Current & Future Analysis for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 33: Canada Historic Review for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 34: Canada 15-Year Perspective for Centrifugal Compressors by End-Use - Percentage Breakdown of Value Sales for Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses for the Years 2015, 2025 & 2030

JAPAN

Centrifugal Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)
TABLE 35: Japan Recent Past, Current & Future Analysis for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 36: Japan Historic Review for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 37: Japan 15-Year Perspective for Centrifugal Compressors by Product - Percentage Breakdown of Value Sales for Single Stage Compressors and Multi Stage Compressors for the Years 2015, 2025 & 2030
TABLE 38: Japan Recent Past, Current & Future Analysis for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 39: Japan Historic Review for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 40: Japan 15-Year Perspective for Centrifugal Compressors by End-Use - Percentage Breakdown of Value Sales for Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses for the Years 2015, 2025 & 2030

CHINA

Centrifugal Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)
TABLE 41: China Recent Past, Current & Future Analysis for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 42: China Historic Review for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 43: China 15-Year Perspective for Centrifugal Compressors by Product - Percentage Breakdown of Value Sales for Single Stage Compressors and Multi Stage Compressors for the Years 2015, 2025 & 2030
TABLE 44: China Recent Past, Current & Future Analysis for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 45: China Historic Review for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 46: China 15-Year Perspective for Centrifugal Compressors by End-Use - Percentage Breakdown of Value Sales for Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses for the Years 2015, 2025 & 2030

EUROPE

Centrifugal Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
TABLE 47: Europe Recent Past, Current & Future Analysis for Centrifugal Compressors by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 48: Europe Historic Review for Centrifugal Compressors by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 49: Europe 15-Year Perspective for Centrifugal Compressors by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2015, 2025 & 2030
TABLE 50: Europe Recent Past, Current & Future Analysis for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 51: Europe Historic Review for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 52: Europe 15-Year Perspective for Centrifugal Compressors by Product - Percentage Breakdown of Value Sales for Single Stage Compressors and Multi Stage Compressors for the Years 2015, 2025 & 2030
TABLE 53: Europe Recent Past, Current & Future Analysis for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 54: Europe Historic Review for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 55: Europe 15-Year Perspective for Centrifugal Compressors by End-Use - Percentage Breakdown of Value Sales for Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses for the Years 2015, 2025 & 2030

FRANCE

Centrifugal Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)
TABLE 56: France Recent Past, Current & Future Analysis for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 57: France Historic Review for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 58: France 15-Year Perspective for Centrifugal Compressors by Product - Percentage Breakdown of Value Sales for Single Stage Compressors and Multi Stage Compressors for the Years 2015, 2025 & 2030
TABLE 59: France Recent Past, Current & Future Analysis for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 60: France Historic Review for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 61: France 15-Year Perspective for Centrifugal Compressors by End-Use - Percentage Breakdown of Value Sales for Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses for the Years 2015, 2025 & 2030

GERMANY

Centrifugal Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)
TABLE 62: Germany Recent Past, Current & Future Analysis for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 63: Germany Historic Review for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 64: Germany 15-Year Perspective for Centrifugal Compressors by Product - Percentage Breakdown of Value Sales for Single Stage Compressors and Multi Stage Compressors for the Years 2015, 2025 & 2030
TABLE 65: Germany Recent Past, Current & Future Analysis for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 66: Germany Historic Review for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 67: Germany 15-Year Perspective for Centrifugal Compressors by End-Use - Percentage Breakdown of Value Sales for Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses for the Years 2015, 2025 & 2030

ITALY

TABLE 68: Italy Recent Past, Current & Future Analysis for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 69: Italy Historic Review for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 70: Italy 15-Year Perspective for Centrifugal Compressors by Product - Percentage Breakdown of Value Sales for Single Stage Compressors and Multi Stage Compressors for the Years 2015, 2025 & 2030
TABLE 71: Italy Recent Past, Current & Future Analysis for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 72: Italy Historic Review for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 73: Italy 15-Year Perspective for Centrifugal Compressors by End-Use - Percentage Breakdown of Value Sales for Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses for the Years 2015, 2025 & 2030

UNITED KINGDOM

Centrifugal Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)
TABLE 74: UK Recent Past, Current & Future Analysis for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 75: UK Historic Review for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 76: UK 15-Year Perspective for Centrifugal Compressors by Product - Percentage Breakdown of Value Sales for Single Stage Compressors and Multi Stage Compressors for the Years 2015, 2025 & 2030
TABLE 77: UK Recent Past, Current & Future Analysis for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 78: UK Historic Review for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 79: UK 15-Year Perspective for Centrifugal Compressors by End-Use - Percentage Breakdown of Value Sales for Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses for the Years 2015, 2025 & 2030

SPAIN

TABLE 80: Spain Recent Past, Current & Future Analysis for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 81: Spain Historic Review for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 82: Spain 15-Year Perspective for Centrifugal Compressors by Product - Percentage Breakdown of Value Sales for Single Stage Compressors and Multi Stage Compressors for the Years 2015, 2025 & 2030
TABLE 83: Spain Recent Past, Current & Future Analysis for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 84: Spain Historic Review for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 85: Spain 15-Year Perspective for Centrifugal Compressors by End-Use - Percentage Breakdown of Value Sales for Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses for the Years 2015, 2025 & 2030

RUSSIA

TABLE 86: Russia Recent Past, Current & Future Analysis for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 87: Russia Historic Review for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 88: Russia 15-Year Perspective for Centrifugal Compressors by Product - Percentage Breakdown of Value Sales for Single Stage Compressors and Multi Stage Compressors for the Years 2015, 2025 & 2030
TABLE 89: Russia Recent Past, Current & Future Analysis for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 90: Russia Historic Review for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 91: Russia 15-Year Perspective for Centrifugal Compressors by End-Use - Percentage Breakdown of Value Sales for Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses for the Years 2015, 2025 & 2030

REST OF EUROPE

TABLE 92: Rest of Europe Recent Past, Current & Future Analysis for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 93: Rest of Europe Historic Review for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 94: Rest of Europe 15-Year Perspective for Centrifugal Compressors by Product - Percentage Breakdown of Value Sales for Single Stage Compressors and Multi Stage Compressors for the Years 2015, 2025 & 2030
TABLE 95: Rest of Europe Recent Past, Current & Future Analysis for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 96: Rest of Europe Historic Review for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 97: Rest of Europe 15-Year Perspective for Centrifugal Compressors by End-Use - Percentage Breakdown of Value Sales for Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses for the Years 2015, 2025 & 2030

ASIA-PACIFIC

Centrifugal Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
TABLE 98: Asia-Pacific Recent Past, Current & Future Analysis for Centrifugal Compressors by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
TABLE 99: Asia-Pacific Historic Review for Centrifugal Compressors by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 100: Asia-Pacific 15-Year Perspective for Centrifugal Compressors by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2015, 2025 & 2030
TABLE 101: Asia-Pacific Recent Past, Current & Future Analysis for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 102: Asia-Pacific Historic Review for Centrifugal Compressors by Product - Single Stage Compressors and Multi Stage Compressors Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 103: Asia-Pacific 15-Year Perspective for Centrifugal Compressors by Product - Percentage Breakdown of Value Sales for Single Stage Compressors and Multi Stage Compressors for the Years 2015, 2025 & 2030
TABLE 104: Asia-Pacific Recent Past, Current & Future Analysis for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
TABLE 105: Asia-Pacific Historic Review for Centrifugal Compressors by End-Use - Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR
TABLE 106: Asia-Pacific 15-Year Perspective for Centrifugal Compressors by End-Use - Percentage Breakdown of Value Sales for Oil & Gas End-Use, Power Sector End-Use, Petrochemical & Chemical End-Use and Other End-Uses for the Years 2015, 2025 & 2030

AUSTRALIA

Centrifugal Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2025 (E)

INDIA

Centrifugal Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2025 (E)

SOUTH KOREAREST OF ASIA-PACIFIC

LATIN AMERICA

Centrifugal Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2025 (E)

ARGENTINABRAZILMEXICOREST OF LATIN AMERICA

MIDDLE EAST

Centrifugal Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2025 (E)

IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST

AFRICA

Centrifugal Compressors Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2025 (E)

IV. COMPETITION

Companies Mentioned

Baker Hughes Company
BOGE Kompressoren Otto Boge GmbH & Co. KG
Ebara Corporation
FS-Elliott Co., LLC
Hanbell Precise Machinery Co. Ltd.
Hitachi Industrial Products, Ltd.
IHI Corporation
Ingersoll Rand
Kaeser Kompressoren SE
Kawasaki Heavy Industries Ltd.

Table Information

Report Attribute	Details
No. of Pages	274
Published	February 2025
Forecast Period	2024 - 2030
Estimated Market Value ( USD ) in 2024	$ 11.6 Billion
Forecasted Market Value ( USD ) by 2030	$ 13.7 Billion
Compound Annual Growth Rate	2.8%
Regions Covered	Global
No. of Companies Mentioned	10

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Global Centrifugal Compressors Market - Key Trends & Drivers Summarized

Why Are Centrifugal Compressors Essential in Modern Industrial Applications?

How Are Technological Innovations Shaping Centrifugal Compressors?

What Is Driving Demand for Centrifugal Compressors in Emerging Markets?

The Growth in the Centrifugal Compressor Market Is Driven by Several Factors

Scope of the Study

Segments:

Geographic Regions/Countries:

Key Insights:

Report Features:

Why You Should Buy This Report:

Key Questions Answered:

Some of the 37 companies featured in this Centrifugal Compressors market report include:

Table of Contents

Companies Mentioned

Table Information

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