원심 압축기 시장 - 세계 산업 규모, 점유율, 동향, 기회, 예측 : 최종 사용자별, 지역별, 경쟁(2021-2031년)

The Global Centrifugal Compressor Market is forecast to expand from USD 15.61 billion in 2025 to USD 21.17 billion by 2031, achieving a 5.21% CAGR. These dynamic machines utilize a rotating impeller to convert kinetic energy into potential energy for continuous, high-pressure gas applications. Market growth is driven by rapid industrialization in emerging economies and the expanding infrastructure for liquefied natural gas (LNG) transport and storage, along with the increasing necessity for reliable power generation to address global energy deficits. Despite high initial capital investment and volatile raw material prices, sustained industrial demand is evident, with German compressor exports rising by 6.1% year-on-year in early 2024, according to VDMA.

Market Driver

The centrifugal compressor market is significantly propelled by two key factors: the expansion of Liquefied Natural Gas (LNG) infrastructure and trade, and the rising focus on Carbon Capture, Utilization, and Storage (CCUS) projects. LNG's growth is driven by nations diversifying gas imports, requiring high-efficiency compression trains for liquefaction and transport, with global LNG supply projected to accelerate by 5 percent in 2025 according to the IEA. Simultaneously, stringent regulations are boosting CCUS adoption, where centrifugal compressors are vital for CO2 compression for transport; the Global CCS Institute reported a 60 percent surge in CCS projects to 628 facilities by December 2024, contributing to sustained demand, as seen in Baker Hughes' $13.0 billion orders in FY2024 for its Industrial & Energy Technology segment.

Market Challenge

A primary impediment to market growth is the substantial capital investment required for acquiring and maintaining centrifugal compressors, posing a significant financial barrier for cost-sensitive industries. This burden is often worsened by fluctuating raw material costs, leading to unpredictable budgets and extended return on investment periods. Consequently, organizations frequently postpone or cancel infrastructure upgrades, thereby curbing market expansion. This investment caution is reflected in Germany's mechanical engineering exports, which decreased by 5.2 percent in the first three quarters of 2024 compared to the previous year, highlighting the tangible impact of high cost structures on broader market activity.

Market Trends

Two defining trends are shaping the centrifugal compressor market: the development of specialized hydrogen compression solutions and the shift toward oil-free designs. Manufacturers are innovating hydrogen compressors with reengineered flow paths and advanced metallurgy to manage hydrogen's unique properties, supporting its liquefaction, storage, and transport infrastructure; Chart Industries' Q2 2025 hydrogen segment sales increased by 29.3 percent. Simultaneously, the demand for superior process air purity and reduced maintenance is driving the adoption of oil-free centrifugal compressors, particularly in pharmaceuticals and food and beverage, influencing procurement patterns as evidenced by Ingersoll Rand's 8 percent order increase in Q4 2024, partly due to its oil-free technologies.

Key Market Players

• Atlas Copco AB
• Ingersoll Rand Inc.
• Baker Hughes Company
• Sundyne
• Elliott Group
• Howden Group
• Mitsubishi Heavy Industries Ltd
• HMS Group
• Borsig GmbH

Report Scope

In this report, the Global Centrifugal Compressor Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Centrifugal Compressor Market, By End User

• Oil and Gas
• Power Sector
• Petrochemical and Chemical Industries
• Other

Centrifugal Compressor Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Centrifugal Compressor Market.

Available Customizations:

Global Centrifugal Compressor Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Centrifugal Compressor Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By End User (Oil and Gas, Power Sector, Petrochemical and Chemical Industries, Other)
  • 5.2.2. By Region
  • 5.2.3. By Company (2025)
• 5.3. Market Map

6. North America Centrifugal Compressor Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By End User
  • 6.2.2. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Centrifugal Compressor Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By End User
  • 6.3.2. Canada Centrifugal Compressor Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By End User
  • 6.3.3. Mexico Centrifugal Compressor Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By End User

7. Europe Centrifugal Compressor Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By End User
  • 7.2.2. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Centrifugal Compressor Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By End User
  • 7.3.2. France Centrifugal Compressor Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By End User
  • 7.3.3. United Kingdom Centrifugal Compressor Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By End User
  • 7.3.4. Italy Centrifugal Compressor Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By End User
  • 7.3.5. Spain Centrifugal Compressor Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By End User

8. Asia Pacific Centrifugal Compressor Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By End User
  • 8.2.2. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Centrifugal Compressor Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By End User
  • 8.3.2. India Centrifugal Compressor Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By End User
  • 8.3.3. Japan Centrifugal Compressor Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By End User
  • 8.3.4. South Korea Centrifugal Compressor Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By End User
  • 8.3.5. Australia Centrifugal Compressor Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By End User

9. Middle East & Africa Centrifugal Compressor Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By End User
  • 9.2.2. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Centrifugal Compressor Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By End User
  • 9.3.2. UAE Centrifugal Compressor Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By End User
  • 9.3.3. South Africa Centrifugal Compressor Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By End User

10. South America Centrifugal Compressor Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By End User
  • 10.2.2. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Centrifugal Compressor Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By End User
  • 10.3.2. Colombia Centrifugal Compressor Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By End User
  • 10.3.3. Argentina Centrifugal Compressor Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By End User

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Centrifugal Compressor Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Atlas Copco AB
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. Ingersoll Rand Inc.
• 15.3. Baker Hughes Company
• 15.4. Sundyne
• 15.5. Elliott Group
• 15.6. Howden Group
• 15.7. Mitsubishi Heavy Industries Ltd
• 15.8. HMS Group
• 15.9. Borsig GmbH

16. Strategic Recommendations

17. About Us & Disclaimer