Global Centrifugal Compressor Market Growth 2023-2029

Global Centrifugal Compressor Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Centrifugal Compressor Industry Forecast” looks at past sales and reviews total world Centrifugal Compressor sales in 2022, providing a comprehensive analysis by region and market sector of projected Centrifugal Compressor sales for 2023 through 2029. With Centrifugal Compressor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Centrifugal Compressor industry.

This Insight Report provides a comprehensive analysis of the global Centrifugal Compressor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Centrifugal Compressor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Centrifugal Compressor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Centrifugal Compressor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Centrifugal Compressor.

The global Centrifugal Compressor market size is projected to grow from US$ 1790.9 million in 2022 to US$ 2227.2 million in 2029; it is expected to grow at a CAGR of 2227.2 from 2023 to 2029.

Global key players of centrifugal compressor include Hitachi, Atlas Copco, Ingersoll Rand, MAN Energy Solutions, etc. Global top five manufacturers hold a share over 47%. Europe is the largest producer of centrifugal compressor holds a share over 25%. In terms of product, small centrifugal compressor is the largest segment, with a share over 47%. And in terms of application, the largest application is petrochemical industry, with a share over 49%.

This report presents a comprehensive overview, market shares, and growth opportunities of Centrifugal Compressor market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Large Centrifugal Compressor
Medium Centrifugal Compressor
Small Centrifugal Compressor

Segmentation by application
Petrochemical Industry
Industrial Manufacturing
Transportation
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hitachi
Atlas Copco
Ingersoll Rand
MAN Energy Solutions
Hanwha Power Systems
IHI
Fusheng
Kobelco
Elliott
MHI
Siemens Energy

Key Questions Addressed in this Report

What is the 10-year outlook for the global Centrifugal Compressor market?

What factors are driving Centrifugal Compressor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Centrifugal Compressor market opportunities vary by end market size?

How does Centrifugal Compressor break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.