Global Centrifugal Air Compressor Market

Centrifugal Air Compressor Market Size, Share, Growth Analysis, By Product(Portable, and Stationary), By Casing(Horizontally Split, and Vertically Split) - Industry Forecast 2024-2031


Report ID: SQMIG20I2234 | Region: Global | Published Date: February, 2024
Pages: 202 | Tables: 61 | Figures: 75

Centrifugal Air Compressor Market Regional Insights

The centrifugal air compressor market demonstrates notable regional disparities, with distinct leaders in terms of market size and influence. Asia-Pacific emerges as the largest and most significant region in this industry. Within Asia-Pacific, China holds a dominant position as a major player in the centrifugal air compressor market. China's robust manufacturing sector, expanding industrial base, and the continual growth of key industries such as manufacturing, energy, and construction have driven substantial demand for centrifugal air compressors.This fashion is likewise attributed to the united states's growing attention on energy efficiency and environmental sustainability.

In the second-largest function, North America plays an extensive role in the centrifugal air compressor marketplace. The United States sticks out as a key player within North America, with a mature commercial sector and a strong emphasis on energy-green answers. The u . S .'s manufacturing centers, together with its oil and fuel industry, have a large requirement for compressed air, thereby riding the demand for centrifugal air compressors. Moreover, america' recognition of superior manufacturing and technological innovations further solidifies its position as a great contributor to the nearby and international centrifugal air compressor marketplace.

Both China in Asia-Pacific and the United States in North America have properly-set up industrial infrastructures and a developing want for compressed air solutions, making them the biggest and 2d-biggest areas inside the centrifugal air compressor market, respectively.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Centrifugal Air Compressor Market size was valued at USD 10.20 Billion in 2021 and is poised to grow from USD 10.35 Billion in 2022 to USD 11.66 Billion by 2030, at a CAGR of 1.5% during the forecast period (2023-2030).

The competitive landscape of the centrifugal air compressor market is characterized by the presence of several and regional players, each vying for market share in this dynamic industry. Some of the prominent companies in this market include Atlas Copco, Ingersoll Rand, Siemens AG, Gardner Denver Holdings, and Kobe Steel Ltd., among others. These companies are renowned for their innovation, product quality, and comprehensive range of centrifugal air compressors catering to diverse industries such as manufacturing, oil and gas, petrochemicals, and energy. 'Atlas Copco', 'Ingersoll Rand', 'Siemens AG', 'Gardner Denver Holdings (now part of Ingersoll Rand)', 'Kobe Steel Ltd. (Kobe Compressors)', 'Howden Group Ltd.', 'Sullair (a subsidiary of Hitachi)', 'Kobelco Compressors America, Inc.', 'FS-Elliott Co., LLC', 'Kaeser Kompressoren SE', 'Elliott Group', 'Hitachi Industrial Equipment Systems Co., Ltd.', 'MAN Energy Solutions', 'Anest Iwata Corporation', 'Bauer Kompressoren Group', 'Quincy Compressor (a subsidiary of IDEX Corporation)', 'Corken, Inc.', 'Sundyne LLC', 'Boge Kompressoren', 'Doosan Portable Power'

The growth of various industries, consisting of manufacturing, oil and gasoline, petrochemicals, and electricity, drives the demand for compressed air answers, along with centrifugal air compressors.

Energy Efficiency Emphasis: Energy efficiency became a prominent fashion, with industries an increasing number of searching for to lessen electricity intake and decrease operational fees. Centrifugal air compressors, recognized for his or her excessive strength efficiency, had been in demand as agencies aimed to meet sustainability goals and observe stringent environmental policies.

The centrifugal air compressor market demonstrates notable regional disparities, with distinct leaders in terms of market size and influence. Asia-Pacific emerges as the largest and most significant region in this industry. Within Asia-Pacific, China holds a dominant position as a major player in the centrifugal air compressor market. China's robust manufacturing sector, expanding industrial base, and the continual growth of key industries such as manufacturing, energy, and construction have driven substantial demand for centrifugal air compressors.This fashion is likewise attributed to the united states's growing attention on energy efficiency and environmental sustainability.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Centrifugal Air Compressor Market

Product ID: SQMIG20I2234

$5,300
BUY NOW GET FREE SAMPLE