Global Centrifugal Compressors Market Growth 2023-2029

Global Centrifugal Compressors Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Centrifugal Compressors Industry Forecast” looks at past sales and reviews total world Centrifugal Compressors sales in 2022, providing a comprehensive analysis by region and market sector of projected Centrifugal Compressors sales for 2023 through 2029. With Centrifugal Compressors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Centrifugal Compressors industry.
This Insight Report provides a comprehensive analysis of the global Centrifugal Compressors 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 Compressors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Centrifugal Compressors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Centrifugal Compressors 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 Compressors.
The global Centrifugal Compressors market size is projected to grow from US$ 1790.9 million in 2022 to US$ 2235.1 million in 2029; it is expected to grow at a CAGR of 2235.1 from 2023 to 2029.
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 presents a comprehensive overview, market shares, and growth opportunities of Centrifugal Compressors market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Single-stage Centrifugal Compressors
Multi-stage Centrifugal Compressors
Segmentation by application
Petrochemical
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.
Atlas Copco
Elliott
Ingersoll Rand
Siemens Energy
GE Oil & Gas
MAN Diesel & Turbo
Gardner Denver
Kobelco
MHI
Hitachi
Hanwha Techwin
Kawasaki
IHI
Fusheng
Sullair
Key Questions Addressed in this Report
What is the 10-year outlook for the global Centrifugal Compressors market?
What factors are driving Centrifugal Compressors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Centrifugal Compressors market opportunities vary by end market size?
How does Centrifugal Compressors 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.