The global centrifugal air compressormarket is expected to grow from USD 8.60billion in 2020 to USD 10.57billion by 2028, at a CAGR of 2.60% during the forecast period 2021-2028.
Centrifugal air compressors are of dynamic nature which have a radial design. These air compressors work by creating pressure at a constant speed. It creates pressure with the help of a gas that is present in the impeller. This gas is accelerated by the compressor by using centrifugal force and then slowing it in the diffuser by expanding. These compressors convert the energy of velocity into pressure energy. The diffuser over a period of time reduces the velocity of air. The pressure can be raised with the addition of kinetic energy through the impeller. These are increasingly demanded in industries as it helps to reduce the probability of blow off and thus operates for an elongated period of time. The lower maintenance costs make it suitable to be used in various industries. Further, the rapid rate of growth of the industrial base in developing countries is accelerating the growth of the market.
This study delivers a comprehensive analysis of the casing, product type, end-user and regions. The casing segment includes a horizontal split and a vertical split. Among the two, the horizontal split segment holds the majority of the market shares due to the constantly increasing demand from different industries such as manufacturing, food and beverages, etc. It is vastly used in applications that require low discharge pressure. The product type segment includes stationary and portable. The stationary segment accounts for the majority of market shares. The stationary centrifugal air compressor can supply air at relatively higher pressures, which is responsible for the larger share in market growth. The end-users segment includes oil and gas, food and beverages, manufacturing, semiconductor and electronics, energy and healthcare. Among these, the manufacturing industries dominate in terms of market shares. The use of centrifugal air compressors in manufacturing units reduces the total cost of producing compressed air. These compressors require lower maintenance and are highly reliable, which is why it is mostly preferred by the manufacturers.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia-Pacific holds the majority of the market shares as of base year, 2020. The increasing urbanization and industrialization in various countries of Asia-Pacific such as China, India, South Korea, and Japan has increased the demand for such compressors. The automotive industry is contributing significantly to the growth of the market in the region. Moreover, the presence of a research and development base has led to the development of technologically advanced compressors.
Some of the notable players in the centrifugal air compressors market are Sullair LLC, Shanghai Denair Compressor Co., Ltd, Kazancompressormash, Kirloskar Pneumatic Company Limited, Elliott Group, Dresser-Rand, Kobelco Compressors America, Inc., Danfoss, Hitachi Ltd, General Electric, Kaishan Group, Ingersoll-Rand PLC, Hertz Kompressoren, Gardner Denver, Inc.,Atlas Copco among others.
This study forecasts revenue growth at global, regional, and country levels from 2021 to 2028. Fior Markets has segmented the market based on the below-mentioned segments:
Global Centrifugal Air CompressorsMarket Analysis And Forecast, By Casing
Global Centrifugal Air CompressorsMarket Analysis And Forecast, By Product Type
Global Centrifugal Air CompressorsMarket Analysis And Forecast, By End-Users
Global Centrifugal Air CompressorsMarket Analysis And Forecast, By Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Casing
4.3.2. Market Attractiveness Analysis By Product Type
4.3.3. Market Attractiveness Analysis By End-user
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Industrialization in developing economies
5.2.2. Lower maintenance cost associated
5.3. Restraints
5.3.1. High capital investments
5.3.2. Increasing demand for rental services
5.4. Opportunities
5.4.1. Increasing technological advancements
5.5. Challenges
5.5.1. Stringent regulations
6. Global Centrifugal Air Compressor Market Analysis and Forecast, By Casing
6.1. Segment Overview
6.2. Horizontal Split
6.3. Vertical Split
7. Global Centrifugal Air Compressor Market Analysis and Forecast, By Product Type
7.1. Segment Overview
7.2. Stationary
7.3. Portable
8. Global Centrifugal Air Compressor Market Analysis and Forecast, By End-user
8.1. Segment Overview
8.2. Oil and Gas
8.3. Food and Beverages
8.4. Manufacturing
8.5. Semiconductor and Electronics
8.6. Energy
8.7. Healthcare
9. Global Centrifugal Air Compressor Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Centrifugal Air Compressor Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Centrifugal Air Compressor Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Sullair LLC
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Shanghai Denair Compressor Co. Ltd
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Kazancompressormash
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Kirloskar Pneumatic Company Limited
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Elliott Group
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Dresser-Rand
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Kobelco Compressors America Inc.
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Danfoss
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Hitachi Ltd.
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. General Electric
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Kaishan Group
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Ingersoll-Rand PLC
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. Hertz Kompressoren
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. Gardner Denver Inc.
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. Atlas Copco
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Product Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis
List of Table
1. Global Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
2. GlobalHorizontal Split,Centrifugal Air Compressor Market, By Region, 2020-2028(USD Billion) (Units)
3. GlobalVertical Split,Centrifugal Air Compressor Market, By Region, 2020-2028(USD Billion) (Units)
4. Global Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
5. GlobalStationary, Centrifugal Air Compressor Market, By Region, 2020-2028(USD Billion) (Units)
6. Global Portable, Centrifugal Air Compressor Market, By Region, 2020-2028(USD Billion) (Units)
7. Global Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
8. GlobalOil and Gas, Centrifugal Air Compressor Market, By Region, 2020-2028(USD Billion) (Units)
9. GlobalFood and Beverages, Centrifugal Air Compressor Market, By Region, 2020-2028(USD Billion) (Units)
10. Global Manufacturing, Centrifugal Air Compressor Market, By Region, 2020-2028(USD Billion) (Units)
11. GlobalSemiconductor and Electronics, Centrifugal Air Compressor Market, By Region, 2020-2028(USD Billion) (Units)
12. Global Energy, Centrifugal Air Compressor Market, By Region, 2020-2028(USD Billion) (Units)
13. Global Healthcare, Centrifugal Air Compressor Market, By Region, 2020-2028(USD Billion) (Units)
14. North America Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
15. North America Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
16. North America Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
17. U.S. Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
18. U.S. Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
19. U.S. Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
20. Canada Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
21. Canada Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
22. Canada Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
23. Mexico Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
24. Mexico Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
25. Mexico Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
26. Europe Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
27. Europe Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
28. Europe Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
29. Germany Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
30. Germany Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
31. Germany Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
32. France Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
33. France Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
34. France Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
35. U.K. Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
36. U.K. Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
37. U.K. Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
38. Italy Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
39. Italy Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
40. Italy Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
41. Spain Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
42. Spain Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
43. Spain Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
44. Asia Pacific Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
45. Asia Pacific Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
46. Asia Pacific Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
47. Japan Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
48. Japan Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
49. Japan Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
50. China Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
51. China Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
52. China Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
53. India Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
54. India Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
55. India Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
56. South America Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
57. South America Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
58. South America Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
59. Brazil Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
60. Brazil Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
61. Brazil Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
62. Middle East and Africa Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
63. Middle East and Africa Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
64. Middle East and Africa Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
65. UAE Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
66. UAE Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
67. UAE Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
68. South Africa Centrifugal Air Compressor Market, By Casing, 2020-2028(USD Billion) (Units)
69. South Africa Centrifugal Air Compressor Market, By Product Type, 2020-2028(USD Billion) (Units)
70. South Africa Centrifugal Air Compressor Market, By End-user, 2020-2028(USD Billion) (Units)
List of Figures
1. Global Centrifugal Air Compressor Market Segmentation
2. Global Centrifugal Air Compressor Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Centrifugal Air Compressor Market Attractiveness Analysis By Casing
9. Global Centrifugal Air Compressor Market Attractiveness Analysis By Product Type
10. Global Centrifugal Air Compressor Market Attractiveness Analysis By End-user
11. Global Centrifugal Air Compressor Market Attractiveness Analysis By Region
12. Global Centrifugal Air Compressor Market: Dynamics
13. Global Centrifugal Air Compressor Market Share By Casing (2021 & 2028)
14. Global Centrifugal Air Compressor Market Share By Product Type (2021 & 2028)
15. Global Centrifugal Air Compressor Market Share By End-user (2021 & 2028)
16. Global Centrifugal Air Compressor Market Share By Regions (2021 & 2028)
17. Global Centrifugal Air Compressor Market Share By Company (2020)
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