Centrifugal Compressor Market
Centrifugal Compressor Market Global Industry Assessment & Forecast
#
Pages:
180
2021
Nov - 2021
VMR-2021-0488
Segments Covered
By
End User Oil and Gas, Power Sector, Petrochemical and Chemical Industries, Other End Users
-
By
Type Single-stage centrifugal compressors, Multi-stage centrifugal compressors
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
10.1 Billion |
 Revenue 2028:
|
15.36 Billion |
 Revenue CAGR
(2021 - 2028): |
4.23 |
Fastest Growing Region (2022 -
2028)
|
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
Global Centrifugal Compressor Market: End User Segment Analysis
-
- Oil and Gas
- Power Sector
- Petrochemical and Chemical Industries
- Other End Users
Global Centrifugal Compressor Market: Type Segment Analysis
-
- Single-stage centrifugal compressors
- Multi-stage centrifugal compressors
FAQ
Frequently Asked Question
What is the global demand for Centrifugal Compressor in terms of revenue?
-
The global Centrifugal Compressor valued at 10.1 Billion in 2020 and is expected to reach 15.36 Billion in 2028 growing at a CAGR of 4.23%.
Which are the prominent players in the market?
-
The prominent players in the market are Kobelco, Siemens, Manturbo, Cameron, Elliott-Ebara, MHI, Hitachi, Techwin, IHI, EBARA, Cooper(EATON), Dresser-Rand, Fusheng Group, Mitsui, Kawasaki, Ingersoll Rand, GE, Gardner Denver, Kaeser, Atlas Copco..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.23% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Centrifugal Compressor include
- The centrifugal compressor product has a positive view as it has been seen as energy source which is renewable. The growing trend and adoption of air compressors in various industries with favorable government policies & regulations, encouraging economic environment and growing popularity of automobiles are factors boosting the market.
- The increasing focus more on research and development activities is one of the major factors driving the market growth.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Centrifugal Compressor in 2020.
