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Global Centrifugal Compressor Market Research Report 2025
Synopsis
The global Centrifugal Compressor market was valued at US$ 1830.7 million in 2023 and is anticipated to reach US$ 2288.5 million by 2030, witnessing a CAGR of 3.1% during the forecast period 2024-2030.
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 aims to provide a comprehensive presentation of the global market for Centrifugal Compressor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Centrifugal Compressor.
Report Scope
The Centrifugal Compressor market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Centrifugal Compressor market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Centrifugal Compressor manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Hitachi
Atlas Copco
Ingersoll Rand
MAN Energy Solutions
Hanwha Power Systems
IHI
Fusheng
Kobelco
Elliott
MHI
Siemens Energy
Segment by Type
Large Centrifugal Compressor
Medium Centrifugal Compressor
Small Centrifugal Compressor
Segment by Application
Petrochemical Industry
Industrial Manufacturing
Transportation
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Centrifugal Compressor manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Centrifugal Compressor by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Centrifugal Compressor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
The global Centrifugal Compressor market was valued at US$ 1830.7 million in 2023 and is anticipated to reach US$ 2288.5 million by 2030, witnessing a CAGR of 3.1% during the forecast period 2024-2030.
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 aims to provide a comprehensive presentation of the global market for Centrifugal Compressor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Centrifugal Compressor.
Report Scope
The Centrifugal Compressor market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Centrifugal Compressor market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Centrifugal Compressor manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Hitachi
Atlas Copco
Ingersoll Rand
MAN Energy Solutions
Hanwha Power Systems
IHI
Fusheng
Kobelco
Elliott
MHI
Siemens Energy
Segment by Type
Large Centrifugal Compressor
Medium Centrifugal Compressor
Small Centrifugal Compressor
Segment by Application
Petrochemical Industry
Industrial Manufacturing
Transportation
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Centrifugal Compressor manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Centrifugal Compressor by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Centrifugal Compressor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Centrifugal Compressor Market Overview
1.1 Product Definition
1.2 Centrifugal Compressor Segment by Type
1.2.1 Global Centrifugal Compressor Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Large Centrifugal Compressor
1.2.3 Medium Centrifugal Compressor
1.2.4 Small Centrifugal Compressor
1.3 Centrifugal Compressor Segment by Application
1.3.1 Global Centrifugal Compressor Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Petrochemical Industry
1.3.3 Industrial Manufacturing
1.3.4 Transportation
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Centrifugal Compressor Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Centrifugal Compressor Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Centrifugal Compressor Production Estimates and Forecasts (2019-2030)
1.4.4 Global Centrifugal Compressor Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Centrifugal Compressor Production Market Share by Manufacturers (2019-2024)
2.2 Global Centrifugal Compressor Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Centrifugal Compressor, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Centrifugal Compressor Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Centrifugal Compressor Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Centrifugal Compressor, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Centrifugal Compressor, Product Offered and Application
2.8 Global Key Manufacturers of Centrifugal Compressor, Date of Enter into This Industry
2.9 Centrifugal Compressor Market Competitive Situation and Trends
2.9.1 Centrifugal Compressor Market Concentration Rate
2.9.2 Global 5 and 10 Largest Centrifugal Compressor Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Centrifugal Compressor Production by Region
3.1 Global Centrifugal Compressor Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Centrifugal Compressor Production Value by Region (2019-2030)
3.2.1 Global Centrifugal Compressor Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Centrifugal Compressor by Region (2025-2030)
3.3 Global Centrifugal Compressor Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Centrifugal Compressor Production by Region (2019-2030)
3.4.1 Global Centrifugal Compressor Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Centrifugal Compressor by Region (2025-2030)
3.5 Global Centrifugal Compressor Market Price Analysis by Region (2019-2024)
3.6 Global Centrifugal Compressor Production and Value, Year-over-Year Growth
3.6.1 North America Centrifugal Compressor Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Centrifugal Compressor Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Centrifugal Compressor Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Centrifugal Compressor Production Value Estimates and Forecasts (2019-2030)
4 Centrifugal Compressor Consumption by Region
4.1 Global Centrifugal Compressor Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Centrifugal Compressor Consumption by Region (2019-2030)
4.2.1 Global Centrifugal Compressor Consumption by Region (2019-2024)
4.2.2 Global Centrifugal Compressor Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Centrifugal Compressor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Centrifugal Compressor Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Centrifugal Compressor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Centrifugal Compressor Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Centrifugal Compressor Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Centrifugal Compressor Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Centrifugal Compressor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Centrifugal Compressor Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Centrifugal Compressor Production by Type (2019-2030)
5.1.1 Global Centrifugal Compressor Production by Type (2019-2024)
5.1.2 Global Centrifugal Compressor Production by Type (2025-2030)
5.1.3 Global Centrifugal Compressor Production Market Share by Type (2019-2030)
5.2 Global Centrifugal Compressor Production Value by Type (2019-2030)
5.2.1 Global Centrifugal Compressor Production Value by Type (2019-2024)
5.2.2 Global Centrifugal Compressor Production Value by Type (2025-2030)
5.2.3 Global Centrifugal Compressor Production Value Market Share by Type (2019-2030)
5.3 Global Centrifugal Compressor Price by Type (2019-2030)
6 Segment by Application
6.1 Global Centrifugal Compressor Production by Application (2019-2030)
6.1.1 Global Centrifugal Compressor Production by Application (2019-2024)
6.1.2 Global Centrifugal Compressor Production by Application (2025-2030)
6.1.3 Global Centrifugal Compressor Production Market Share by Application (2019-2030)
6.2 Global Centrifugal Compressor Production Value by Application (2019-2030)
6.2.1 Global Centrifugal Compressor Production Value by Application (2019-2024)
6.2.2 Global Centrifugal Compressor Production Value by Application (2025-2030)
6.2.3 Global Centrifugal Compressor Production Value Market Share by Application (2019-2030)
6.3 Global Centrifugal Compressor Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Hitachi
7.1.1 Hitachi Centrifugal Compressor Corporation Information
7.1.2 Hitachi Centrifugal Compressor Product Portfolio
7.1.3 Hitachi Centrifugal Compressor Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Hitachi Main Business and Markets Served
7.1.5 Hitachi Recent Developments/Updates
7.2 Atlas Copco
7.2.1 Atlas Copco Centrifugal Compressor Corporation Information
7.2.2 Atlas Copco Centrifugal Compressor Product Portfolio
7.2.3 Atlas Copco Centrifugal Compressor Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Atlas Copco Main Business and Markets Served
7.2.5 Atlas Copco Recent Developments/Updates
7.3 Ingersoll Rand
7.3.1 Ingersoll Rand Centrifugal Compressor Corporation Information
7.3.2 Ingersoll Rand Centrifugal Compressor Product Portfolio
7.3.3 Ingersoll Rand Centrifugal Compressor Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Ingersoll Rand Main Business and Markets Served
7.3.5 Ingersoll Rand Recent Developments/Updates
7.4 MAN Energy Solutions
7.4.1 MAN Energy Solutions Centrifugal Compressor Corporation Information
7.4.2 MAN Energy Solutions Centrifugal Compressor Product Portfolio
7.4.3 MAN Energy Solutions Centrifugal Compressor Production, Value, Price and Gross Margin (2019-2024)
7.4.4 MAN Energy Solutions Main Business and Markets Served
7.4.5 MAN Energy Solutions Recent Developments/Updates
7.5 Hanwha Power Systems
7.5.1 Hanwha Power Systems Centrifugal Compressor Corporation Information
7.5.2 Hanwha Power Systems Centrifugal Compressor Product Portfolio
7.5.3 Hanwha Power Systems Centrifugal Compressor Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Hanwha Power Systems Main Business and Markets Served
7.5.5 Hanwha Power Systems Recent Developments/Updates
7.6 IHI
7.6.1 IHI Centrifugal Compressor Corporation Information
7.6.2 IHI Centrifugal Compressor Product Portfolio
7.6.3 IHI Centrifugal Compressor Production, Value, Price and Gross Margin (2019-2024)
7.6.4 IHI Main Business and Markets Served
7.6.5 IHI Recent Developments/Updates
7.7 Fusheng
7.7.1 Fusheng Centrifugal Compressor Corporation Information
7.7.2 Fusheng Centrifugal Compressor Product Portfolio
7.7.3 Fusheng Centrifugal Compressor Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Fusheng Main Business and Markets Served
7.7.5 Fusheng Recent Developments/Updates
7.8 Kobelco
7.8.1 Kobelco Centrifugal Compressor Corporation Information
7.8.2 Kobelco Centrifugal Compressor Product Portfolio
7.8.3 Kobelco Centrifugal Compressor Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Kobelco Main Business and Markets Served
7.7.5 Kobelco Recent Developments/Updates
7.9 Elliott
7.9.1 Elliott Centrifugal Compressor Corporation Information
7.9.2 Elliott Centrifugal Compressor Product Portfolio
7.9.3 Elliott Centrifugal Compressor Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Elliott Main Business and Markets Served
7.9.5 Elliott Recent Developments/Updates
7.10 MHI
7.10.1 MHI Centrifugal Compressor Corporation Information
7.10.2 MHI Centrifugal Compressor Product Portfolio
7.10.3 MHI Centrifugal Compressor Production, Value, Price and Gross Margin (2019-2024)
7.10.4 MHI Main Business and Markets Served
7.10.5 MHI Recent Developments/Updates
7.11 Siemens Energy
7.11.1 Siemens Energy Centrifugal Compressor Corporation Information
7.11.2 Siemens Energy Centrifugal Compressor Product Portfolio
7.11.3 Siemens Energy Centrifugal Compressor Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Siemens Energy Main Business and Markets Served
7.11.5 Siemens Energy Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Centrifugal Compressor Industry Chain Analysis
8.2 Centrifugal Compressor Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Centrifugal Compressor Production Mode & Process
8.4 Centrifugal Compressor Sales and Marketing
8.4.1 Centrifugal Compressor Sales Channels
8.4.2 Centrifugal Compressor Distributors
8.5 Centrifugal Compressor Customers
9 Centrifugal Compressor Market Dynamics
9.1 Centrifugal Compressor Industry Trends
9.2 Centrifugal Compressor Market Drivers
9.3 Centrifugal Compressor Market Challenges
9.4 Centrifugal Compressor Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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