Centrifugal Compressor Market (Type: Single-stage Centrifugal Compressors and Multi-stage Centrifugal Compressors) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031
Centrifugal Compressor Market – Scope of Report
TMR’s report on the global centrifugal compressor market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global centrifugal compressor market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global centrifugal compressor market from 2023 to 2031.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the centrifugal compressor market.
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global centrifugal compressor market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global centrifugal compressor market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global centrifugal compressor market.
The report delves into the competitive landscape of the global centrifugal compressor market. Key players operating in the global centrifugal compressor market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global centrifugal compressor market profiled in this report.
Key Questions Answered in Global Centrifugal Compressor Market Report
- What is the sales/revenue generated by centrifugal compressor across all regions during the forecast period?
- What are the opportunities in the global centrifugal compressor market?
- What are the major drivers, restraints, opportunities, and threats in the market?
- Which regional market is set to expand at the fastest CAGR during the forecast period?
- Which segment is expected to generate the highest revenue globally in 2031?
- Which segment is projected to expand at the highest CAGR during the forecast period?
- What are the market positions of different companies operating in the global market?
The comprehensive report on the global centrifugal compressor market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global centrifugal compressor market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global centrifugal compressor market.
- 1. Preface
- 1.1. Market Definition and Scope
- 1.2. Market Segmentation
- 1.3. Key Research Objectives
- 1.4. Research Highlights
- 2. Assumptions
- 3. Research Methodology
- 4. Executive Summary
- 5. Market Overview
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.2. Restraints
- 5.1.3. Opportunities
- 5.2. Key Trends Analysis
- 5.2.1. Demand Side
- 5.2.2. Supply Side
- 5.3. Key Market Indicators
- 5.3.1. Overall Compressor Market Overview
- 5.4. Porter’s Five Forces Analysis
- 5.5. Value Chain Analysis
- 5.6. Industry SWOT Analysis
- 5.7. Regulatory Framework
- 5.8. Technological Overview
- 5.9. Trade Analysis
- 5.10. Global Centrifugal Compressor Market Analysis and Forecast, 2017 - 2031
- 5.10.1. Market Value Projection (US$ Mn)
- 5.10.2. Market Volume Projection (Thousand Units)
- 6. Global Centrifugal Compressor Market Analysis and Forecast, By Type
- 6.1. Global Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By Type, 2017 - 2031
- 6.1.1. Single-stage Compressor
- 6.1.1.1. Overhang Compressor
- 6.1.1.2. Between Bearing
- 6.1.1.3. Integrally Geared
- 6.1.2. Multi-stage Compressor
- 6.1.2.1. Horizontally Split
- 6.1.2.2. Vertically Split
- 6.1.2.3. Compressor with Bell Casing
- 6.1.2.4. Pipeline Compressor
- 6.1.2.5. Integrally Geared
- 6.2. Incremental Opportunity, By Type
- 7. Global Centrifugal Compressor Market Analysis and Forecast, By Discharge Pressure
- 7.1. Global Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By Discharge Pressure, 2017 - 2031
- 7.1.1. Below 20 Bars
- 7.1.2. Between 20 and 200 Bars
- 7.1.3. Between 200 and 400 Bars
- 7.1.4. Above 400 Bars
- 7.2. Incremental Opportunity, By Discharge Pressure
- 8. Global Centrifugal Compressor Market Analysis and Forecast, By End-user
- 8.1. Global Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By End-user, 2017 - 2031
- 8.1.1. Oil & Gas
- 8.1.2. Power
- 8.1.3. Petrochemicals
- 8.1.4. Chemicals & Fertilizers
- 8.1.5. Textiles
- 8.1.6. Automotive
- 8.1.7. HVAC
- 8.1.8. Others
- 8.2. Incremental Opportunity, By End-user
- 9. Global Centrifugal Compressor Market Analysis and Forecast, By Distribution Channel
- 9.1. Global Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
- 9.1.1. Direct Sales
- 9.1.2. Indirect Sales
- 9.2. Incremental Opportunity, By Distribution Channel
- 10. Global Centrifugal Compressor Market Analysis and Forecast, By Region
- 10.1. Global Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By Region, 2017 - 2031
- 10.1.1. North America
- 10.1.2. Europe
- 10.1.3. Asia Pacific
- 10.1.4. Middle East & Africa
- 10.1.5. South America
- 10.2. Incremental Opportunity, By Region
- 11. North America Centrifugal Compressor Market Analysis and Forecast
- 11.1. Regional Snapshot
- 11.2. Key Trends Analysis
- 11.2.1. Supply side
- 11.2.2. Demand Side
- 11.3. Price Trend Analysis
- 11.3.1. Weighted Average Selling Price (US$)
- 11.4. Key Supplier Analysis
- 11.5. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By Type, 2017 - 2031
- 11.5.1. Single-stage Compressor
- 11.5.1.1. Overhang Compressor
- 11.5.1.2. Between Bearing
- 11.5.1.3. Integrally Geared
- 11.5.2. Multi-stage Compressor
- 11.5.2.1. Horizontally Split
- 11.5.2.2. Vertically Split
- 11.5.2.3. Compressor with Bell Casing
- 11.5.2.4. Pipeline Compressor
- 11.5.2.5. Integrally Geared
- 11.6. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By Discharge Pressure, 2017 - 2031
- 11.6.1. Below 20 Bars
- 11.6.2. Between 20 and 200 Bars
- 11.6.3. Between 200 and 400 Bars
- 11.6.4. Above 400 Bars
- 11.7. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By End-user, 2017 - 2031
- 11.7.1. Oil & Gas
- 11.7.2. Power
- 11.7.3. Petrochemicals
- 11.7.4. Chemicals & Fertilizers
- 11.7.5. Textiles
- 11.7.6. Automotive
- 11.7.7. HVAC
- 11.7.8. Others
- 11.8. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
- 11.8.1. Direct Sales
- 11.8.2. Indirect Sales
- 11.9. Centrifugal Compressor Market Size (US$ Mn & Thousand Units), by Country/Sub-region, 2017 - 2031
- 11.9.1. U.S.
- 11.9.2. Canada
- 11.9.3. Rest of North America
- 11.10. Incremental Opportunity Analysis
- 12. Europe Centrifugal Compressor Market Analysis and Forecast
- 12.1. Regional Snapshot
- 12.2. Key Trends Analysis
- 12.2.1. Supply side
- 12.2.2. Demand Side
- 12.3. Price Trend Analysis
- 12.3.1. Weighted Average Selling Price (US$)
- 12.4. Key Supplier Analysis
- 12.5. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By Type, 2017 - 2031
- 12.5.1. Single-stage Compressor
- 12.5.1.1. Overhang Compressor
- 12.5.1.2. Between Bearing
- 12.5.1.3. Integrally Geared
- 12.5.2. Multi-stage Compressor
- 12.5.2.1. Horizontally Split
- 12.5.2.2. Vertically Split
- 12.5.2.3. Compressor with Bell Casing
- 12.5.2.4. Pipeline Compressor
- 12.5.2.5. Integrally Geared
- 12.6. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By Discharge Pressure, 2017 - 2031
- 12.6.1. Below 20 Bars
- 12.6.2. Between 20 and 200 Bars
- 12.6.3. Between 200 and 400 Bars
- 12.6.4. Above 400 Bars
- 12.7. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By End-user, 2017 - 2031
- 12.7.1. Oil & Gas
- 12.7.2. Power
- 12.7.3. Petrochemicals
- 12.7.4. Chemicals & Fertilizers
- 12.7.5. Textiles
- 12.7.6. Automotive
- 12.7.7. HVAC
- 12.7.8. Others
- 12.8. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
- 12.8.1. Direct Sales
- 12.8.2. Indirect Sales
- 12.9. Centrifugal Compressor Market Size (US$ Mn & Thousand Units), by Country/Sub-region, 2017 - 2031
- 12.9.1. U.K.
- 12.9.2. Germany
- 12.9.3. France
- 12.9.4. Rest of Europe
- 12.10. Incremental Opportunity Analysis
- 13. Asia Pacific Centrifugal Compressor Market Analysis and Forecast
- 13.1. Regional Snapshot
- 13.2. Key Trends Analysis
- 13.2.1. Supply side
- 13.2.2. Demand Side
- 13.3. Price Trend Analysis
- 13.3.1. Weighted Average Selling Price (US$)
- 13.4. Key Supplier Analysis
- 13.5. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By Type, 2017 - 2031
- 13.5.1. Single-stage Compressor
- 13.5.1.1. Overhang Compressor
- 13.5.1.2. Between Bearing
- 13.5.1.3. Integrally Geared
- 13.5.2. Multi-stage Compressor
- 13.5.2.1. Horizontally Split
- 13.5.2.2. Vertically Split
- 13.5.2.3. Compressor with Bell Casing
- 13.5.2.4. Pipeline Compressor
- 13.5.2.5. Integrally Geared
- 13.6. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By Discharge Pressure, 2017 - 2031
- 13.6.1. Below 20 Bars
- 13.6.2. Between 20 and 200 Bars
- 13.6.3. Between 200 and 400 Bars
- 13.6.4. Above 400 Bars
- 13.7. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By End-user, 2017 - 2031
- 13.7.1. Oil & Gas
- 13.7.2. Power
- 13.7.3. Petrochemicals
- 13.7.4. Chemicals & Fertilizers
- 13.7.5. Textiles
- 13.7.6. Automotive
- 13.7.7. HVAC
- 13.7.8. Others
- 13.8. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
- 13.8.1. Direct Sales
- 13.8.2. Indirect Sales
- 13.9. Centrifugal Compressor Market Size (US$ Mn & Thousand Units), by Country/Sub-region, 2017 - 2031
- 13.9.1. China
- 13.9.2. India
- 13.9.3. Japan
- 13.9.4. Rest of Asia Pacific
- 13.10. Incremental Opportunity Analysis
- 14. Middle East & Africa Centrifugal Compressor Market Analysis and Forecast
- 14.1. Regional Snapshot
- 14.2. Key Trends Analysis
- 14.2.1. Supply side
- 14.2.2. Demand Side
- 14.3. Price Trend Analysis
- 14.3.1. Weighted Average Selling Price (US$)
- 14.4. Key Supplier Analysis
- 14.5. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By Type, 2017 - 2031
- 14.5.1. Single-stage Compressor
- 14.5.1.1. Overhang Compressor
- 14.5.1.2. Between Bearing
- 14.5.1.3. Integrally Geared
- 14.5.2. Multi-stage Compressor
- 14.5.2.1. Horizontally Split
- 14.5.2.2. Vertically Split
- 14.5.2.3. Compressor with Bell Casing
- 14.5.2.4. Pipeline Compressor
- 14.5.2.5. Integrally Geared
- 14.6. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By Discharge Pressure, 2017 - 2031
- 14.6.1. Below 20 Bars
- 14.6.2. Between 20 and 200 Bars
- 14.6.3. Between 200-400 Bars
- 14.6.4. Above 400 Bars
- 14.7. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By End-user, 2017 - 2031
- 14.7.1. Oil & Gas
- 14.7.2. Power
- 14.7.3. Petrochemicals
- 14.7.4. Chemicals & Fertilizers
- 14.7.5. Textiles
- 14.7.6. Automotive
- 14.7.7. HVAC
- 14.7.8. Others
- 14.8. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
- 14.8.1. Direct Sales
- 14.8.2. Indirect Sales
- 14.9. Centrifugal Compressor Market Size (US$ Mn & Thousand Units), by Country/Sub-region, 2017 - 2031
- 14.9.1. GCC
- 14.9.2. South Africa
- 14.9.3. Rest of Middle East & Africa
- 14.10. Incremental Opportunity Analysis
- 15. South America Centrifugal Compressor Market Analysis and Forecast
- 15.1. Regional Snapshot
- 15.2. Key Trends Analysis
- 15.2.1. Supply side
- 15.2.2. Demand Side
- 15.3. Price Trend Analysis
- 15.3.1. Weighted Average Selling Price (US$)
- 15.4. Key Supplier Analysis
- 15.5. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By Type, 2017 - 2031
- 15.5.1. Single-stage Compressor
- 15.5.1.1. Overhang Compressor
- 15.5.1.2. Between Bearing
- 15.5.1.3. Integrally Geared
- 15.5.2. Multi-stage Compressor
- 15.5.2.1. Horizontally Split
- 15.5.2.2. Vertically Split
- 15.5.2.3. Compressor with Bell Casing
- 15.5.2.4. Pipeline Compressor
- 15.5.2.5. Integrally Geared
- 15.6. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By Discharge Pressure, 2017 - 2031
- 15.6.1. Below 20 Bars
- 15.6.2. Between 20 and 200 Bars
- 15.6.3. Between 200 and 400 Bars
- 15.6.4. Above 400 Bars
- 15.7. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By End-user, 2017 - 2031
- 15.7.1. Oil & Gas
- 15.7.2. Power
- 15.7.3. Petrochemicals
- 15.7.4. Chemicals & Fertilizers
- 15.7.5. Textiles
- 15.7.6. Automotive
- 15.7.7. HVAC
- 15.7.8. Others
- 15.8. Centrifugal Compressor Market Size (US$ Mn & Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
- 15.8.1. Direct Sales
- 15.8.2. Indirect Sales
- 15.9. Centrifugal Compressor Market Size (US$ Mn & Thousand Units), by Country/Sub-region, 2017 - 2031
- 15.9.1. Brazil
- 15.9.2. Rest of South America
- 15.10. Incremental Opportunity Analysis
- 16. Competition Landscape
- 16.1. Market Player - Competition Dashboard
- 16.2. Market Revenue Share Analysis (%), (2022)
- 16.3. Company Profiles (Details - Company Overview, Sales Area/Geographical Presence, Revenue (*Subject to Data Availability), Strategy & Business Overview)
- 16.3.1. Atlas Copco North America LLC
- 16.3.1.1. Company Overview
- 16.3.1.2. Sales Area/Geographical Presence
- 16.3.1.3. Revenue (*Subject to Data Availability)
- 16.3.1.4. Strategy & Business Overview
- 16.3.2. Baker Hughes Company
- 16.3.2.1. Company Overview
- 16.3.2.2. Sales Area/Geographical Presence
- 16.3.2.3. Revenue (*Subject to Data Availability)
- 16.3.2.4. Strategy & Business Overview
- 16.3.3. FS-ELLIOTT CO., LLC
- 16.3.3.1. Company Overview
- 16.3.3.2. Sales Area/Geographical Presence
- 16.3.3.3. Revenue (*Subject to Data Availability)
- 16.3.3.4. Strategy & Business Overview
- 16.3.4. Hitachi, Ltd.
- 16.3.4.1. Company Overview
- 16.3.4.2. Sales Area/Geographical Presence
- 16.3.4.3. Revenue (*Subject to Data Availability)
- 16.3.4.4. Strategy & Business Overview
- 16.3.5. Howden Group
- 16.3.5.1. Company Overview
- 16.3.5.2. Sales Area/Geographical Presence
- 16.3.5.3. Revenue (*Subject to Data Availability)
- 16.3.5.4. Strategy & Business Overview
- 16.3.6. IHI Rotating Machinery Engineering Co., Ltd.
- 16.3.6.1. Company Overview
- 16.3.6.2. Sales Area/Geographical Presence
- 16.3.6.3. Revenue (*Subject to Data Availability)
- 16.3.6.4. Strategy & Business Overview
- 16.3.7. Ingersoll Rand
- 16.3.7.1. Company Overview
- 16.3.7.2. Sales Area/Geographical Presence
- 16.3.7.3. Revenue (*Subject to Data Availability)
- 16.3.7.4. Strategy & Business Overview
- 16.3.8. KOBE STEEL, LTD. (Kobelco)
- 16.3.8.1. Company Overview
- 16.3.8.2. Sales Area/Geographical Presence
- 16.3.8.3. Revenue (*Subject to Data Availability)
- 16.3.8.4. Strategy & Business Overview
- 16.3.9. Nanjing SAG Equipment Co., Ltd.
- 16.3.9.1. Company Overview
- 16.3.9.2. Sales Area/Geographical Presence
- 16.3.9.3. Revenue (*Subject to Data Availability)
- 16.3.9.4. Strategy & Business Overview
- 16.3.10. Siemens Energy
- 16.3.10.1. Company Overview
- 16.3.10.2. Sales Area/Geographical Presence
- 16.3.10.3. Revenue (*Subject to Data Availability)
- 16.3.10.4. Strategy & Business Overview
- 17. Key Takeaways
- 17.1. Identification of Potential Market Spaces
- 17.1.1. Type
- 17.1.2. Discharge Pressure
- 17.1.3. End-user
- 17.1.4. Distribution Channel
- 17.1.5. Geography
- 17.2. Understanding the Buying Process of the Customers
- 17.2.1. Preferred Type
- 17.2.2. Preferred Discharge Pressure
- 17.2.3. End-user
- 17.2.4. Preferred Distribution Channel
- 17.3. Prevailing Market Risks
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