Centrifugal Compressor Market
Centrifugal Compressor Market - Global Industry Assessment & Forecast
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
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Executive Dashboard
- Strategic Imperatives
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Premium Insights
- Top 3 Trends to Watch
- Demand and Supply Trends
- Top 3 Strategies Followed by Major Players
- Top 3 Predictions by Vantage Market Research
- Top Investment Pockets
- Insights from Primary Respondents
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Global Centrifugal Compressor Market - Segment Analysis
- Overview
- Global Centrifugal Compressor Market, 2016 - 2028 (USD Million)
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Global Centrifugal Compressor Market - by Type
- By Single-Stage
- By Multi-Stage
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Global Centrifugal Compressor Market - by End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
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Global Centrifugal Compressor Market - by region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Market comparative analysis
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North America Centrifugal Compressor Market - Segment Analysis
- Overview
- North America Centrifugal Compressor Market, 2016 - 2028 (USD Million)
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North America Centrifugal Compressor Market, by Type
- By Single-Stage
- By Multi-Stage
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North America Centrifugal Compressor Market, by End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
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North America Centrifugal Compressor Market, by Country
- U.S.
- U.S. Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- U.S. Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- U.S. Centrifugal Compressor Market, By Type
- Canada
- Canada Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- Canada Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- Canada Centrifugal Compressor Market, By Type
- Mexico
- Mexico Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- Mexico Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- Mexico Centrifugal Compressor Market, By Type
- U.S.
-
Europe Centrifugal Compressor Market - Segment Analysis
- Overview
- Europe Centrifugal Compressor Market, 2016 - 2028 (USD Million)
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Europe Centrifugal Compressor Market, by Type
- By Single-Stage
- By Multi-Stage
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Europe Centrifugal Compressor Market, by End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
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Europe Centrifugal Compressor Market, by Country
- Germany
- Germany Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- Germany Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- Germany Centrifugal Compressor Market, By Type
- UK
- UK Market, By Type
- By Single-Stage
- By Multi-Stage
- UK Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- UK Market, By Type
- France
- France Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- France Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- France Centrifugal Compressor Market, By Type
- Spain
- Spain Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- Spain Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- Spain Centrifugal Compressor Market, By Type
- Italy
- Italy Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- Italy Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- Italy Centrifugal Compressor Market, By Type
- BENELUX
- BENELUX Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- BENELUX Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- BENELUX Centrifugal Compressor Market, By Type
- Rest of Europe
- Rest Of Europe Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- Rest Of Europe Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- Rest Of Europe Centrifugal Compressor Market, By Type
- Germany
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Asia Pacific Centrifugal Compressor Market - Segment Analysis
- Overview
- Asia Pacific Centrifugal Compressor Market, 2016 - 2028 (USD Million)
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Asia Pacific Centrifugal Compressor Market, by Type
- By Single-Stage
- By Multi-Stage
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Asia Pacific Centrifugal Compressor Market, by End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
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Asia Pacific Centrifugal Compressor Market, by Country
- China
- China Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- China Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- China Centrifugal Compressor Market, By Type
- Japan
- Japan Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- Japan Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- Japan Centrifugal Compressor Market, By Type
- India
- India Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- India Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- India Centrifugal Compressor Market, By Type
- South Korea
- South Korea Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- South Korea Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- South Korea Centrifugal Compressor Market, By Type
- South East Asia
- South East Asia Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- South East Asia Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- South East Asia Centrifugal Compressor Market, By Type
- Rest of Asia Pacific
- Rest of Asia Pacific Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- Rest of Asia Pacific Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- Rest of Asia Pacific Centrifugal Compressor Market, By Type
- China
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Latin America Centrifugal Compressor Market - Segment Analysis
- Overview
- Latin America Centrifugal Compressor Market, 2016 - 2028 (USD Million)
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Latin America Centrifugal Compressor Market, by Type
- By Single-Stage
- By Multi-Stage
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Latin America Centrifugal Compressor Market, by End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
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Latin America Centrifugal Compressor Market, by Country
- Brazil
- Brazil Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- Brazil Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- Brazil Centrifugal Compressor Market, By Type
- Argentina
- Argentina Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- Argentina Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- Argentina Centrifugal Compressor Market, By Type
- Rest of Latin America
- Rest of Latin America Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- Rest of Latin America Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- Rest of Latin America Centrifugal Compressor Market, By Type
- Brazil
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Middle East & Africa Centrifugal Compressor Market - Segment Analysis
- Overview
- Middle East & Africa Centrifugal Compressor Market, 2016 - 2028 (USD Million)
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Middle East & Africa Centrifugal Compressor Market, by Type
- By Single-Stage
- By Multi-Stage
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Middle East & Africa Centrifugal Compressor Market, by End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
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Middle East & Africa Centrifugal Compressor Market, by Country
- GCC Countries
- GCC Countries Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- GCC Countries Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- GCC Countries Centrifugal Compressor Market, By Type
- South Africa
- South Africa Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- South Africa Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- South Africa Centrifugal Compressor Market, By Type
- Rest of Middle East & Africa
- Rest of Middle East & Africa Centrifugal Compressor Market, By Type
- By Single-Stage
- By Multi-Stage
- Rest of Middle East & Africa Centrifugal Compressor Market, By End Use
- By Oil & gas
- By Power generation
- By Chemicals
- By Petrochemicals
- By Dairy and Beverage
- By Metal Refining
- By Pharmaceutical
- By Others
- Rest of Middle East & Africa Centrifugal Compressor Market, By Type
- GCC Countries
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Key Market Dynamics
- Introduction
- Market Drivers
- Market Restraints
- Market Opportunities
- Porter's Five Forces Analysis
- PEST Analysis
- Regulatory Landscape
- Technology Landscape
- Regional Market Trends
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COVID 19 Impact Analysis
- Key strategies undertaken by companies to tackle COVID-19
- Short term dynamics
- Long term dynamics
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Marketing Stratagy Analysis
- Marketing Channel
- Direct Marketing
- Indirect Marketing
- Marketing Channel Development Trends
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Competative Landscape
- Competition Matrix - 2021
- Company Market Share Analysis - 2021
- Key Company Activities, 2018 - 2021
- Strategic Developments - Heat Map Analysis
- Company Offering Evaluation
- Company Regional Presence Evaluation
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Company Profiles
- 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
- Key Primary Respondents - VERBATIM
- Discussion Guide
- Customization Offered
- Annexure
- List of Figures
- List of Tables
- List of Abbreviations
FAQ
Frequently Asked Question
What is the global demand for Centrifugal Compressor in terms of revenue?
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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?
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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?
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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.
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The driving factors of the Centrifugal Compressor include
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Centrifugal Compressor in 2023.