Centrifugal Compressor Market
Centrifugal Compressor Market - Global Industry Assessment & Forecast
#
Pages:
190
Base Year:
2023
Aug - 2024
Format:
Report Code:
VMR-VMR-2021-0488
Segments Covered
By
Type Single-Stage, Multi-Stage
-
By
End Use Oil & gas, Power generation, Chemicals, Petrochemicals, Dairy and Beverage, Metal Refining, Pharmaceutical, Others
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 14.01 Billion |
 Revenue 2032:
|
USD 21.25 Billion |
 Revenue CAGR
(2024 - 2032): |
4.7% |
Fastest Growing Region (2024 -
2032)
|
NA |
Largest Region (2023):
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Centrifugal Compressor Market Segment Analysis
- Centrifugal Compressor Type Outlook (Revenue, USD Million, 2018 - 2030)
- Single-Stage
- Multi-Stage
- Centrifugal Compressor End Use Outlook (Revenue, USD Million, 2018 - 2030)
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
-
North America Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- U.S.
- U.S. Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- U.S. Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- U.S. Centrifugal Compressor Market, by Type
- Canada
- Canada Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- Canada Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- Canada Centrifugal Compressor Market, by Type
-
Mexico
- Mexico Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- Mexico Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- Mexico Centrifugal Compressor Market, by Type
-
North America Centrifugal Compressor Market, by Type
- Europe
-
Europe Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
-
Europe Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- U. K.
- U.K. Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- U.K. Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- U.K. Centrifugal Compressor Market, by Type
- France
- France Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- France Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- France Centrifugal Compressor Market, by Type
-
Germany
- Germany Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- Germany Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- Germany Centrifugal Compressor Market, by Type
-
Italy
- Italy Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- Italy Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- Italy Centrifugal Compressor Market, by Type
-
Spain
- Spain Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- Spain Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- Spain Centrifugal Compressor Market, by Type
-
Rest of Europe
- Rest of Europe Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- Rest of Europe Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- Rest of Europe Centrifugal Compressor Market, by Type
-
Europe Centrifugal Compressor Market, by Type
- Asia Pacific
-
Asia Pacific Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
-
Asia Pacific Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- China
- China Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- China Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- China Centrifugal Compressor Market, by Type
- Japan
- Japan Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- Japan Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- Japan Centrifugal Compressor Market, by Type
-
Germany
- Germany Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- Germany Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- Germany Centrifugal Compressor Market, by Type
-
India
- India Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- India Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- India Centrifugal Compressor Market, by Type
-
South Korea
- South Korea Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- South Korea Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- South Korea Centrifugal Compressor Market, by Type
-
South East Asia
- South East Asia Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- South East Asia Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- South East Asia Centrifugal Compressor Market, by Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- Rest of Asia Pacific Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- Rest of Asia Pacific Centrifugal Compressor Market, by Type
-
Asia Pacific Centrifugal Compressor Market, by Type
- Latin America
-
Latin America Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
-
Latin America Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- Brazil
- Brazil Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- Brazil Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- Brazil Centrifugal Compressor Market, by Type
- Argentina
- Argentina Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- Argentina Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- Argentina Centrifugal Compressor Market, by Type
-
Rest of Latin America
- Rest of Latin America Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- Rest of Latin America Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- Rest of Latin America Centrifugal Compressor Market, by Type
-
Latin America Centrifugal Compressor Market, by Type
- Middle East & Africa
-
Middle East & Africa Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
-
Middle East & Africa Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- GCC Countries
- GCC Countries Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- GCC Countries Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- GCC Countries Centrifugal Compressor Market, by Type
- South Africa
- South Africa Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- South Africa Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- South Africa Centrifugal Compressor Market, by Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Centrifugal Compressor Market, by Type
- Single-Stage
- Multi-Stage
- Rest of Middle East & Africa Centrifugal Compressor Market, by End Use
- Oil & gas
- Power generation
- Chemicals
- Petrochemicals
- Dairy and Beverage
- Metal Refining
- Pharmaceutical
- Others
- Rest of Middle East & Africa Centrifugal Compressor Market, by Type
-
Middle East & Africa Centrifugal Compressor Market, by Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Centrifugal Compressor in terms of revenue?
-
The global Centrifugal Compressor valued at USD 14.01 Billion in 2023 and is expected to reach USD 21.25 Billion in 2032 growing at a CAGR of 4.7%.
Which are the prominent players in the market?
-
The prominent players in the market are Atlas Copco North America LLC, Baker Hughes Company, FS-ELLIOTT CO. LLC, Hitachi Ltd., Howden Group, IHI Rotating Machinery Engineering Co. Ltd., Ingersoll Rand, KOBE STEEL LTD., Nanjing SAG Equipment Co. Ltd., Siemens Energy.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.7% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Centrifugal Compressor include
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Centrifugal Compressor in 2023.
