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Centrifugal Air Compressor Market Share

Report ID: GMI2185
Published Date: Sep 2020
Report Format: PDF

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Centrifugal Air Compressor Market Share

Industry players are investing in technological advancements related to compressors to increase the customer satisfaction level. As the industry is moderately fragmented, the value proposition will be a key differentiating factor, in increasing market share.

The key centrifugal air compressor market players include:

Atlas Copco
Sullair
Danfoss
Gardner Denver
Elliott Group
Ingersoll-Rand
General Electric
Kobelco Compressors America
Hitachi
Kirloskar Pneumatic Company

These players have a well-established base for manufacturing, marketing, and selling & after-sales support.

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

In 2019, the global centrifugal air compressor market size was worth USD 9.9 billion, and the industry is expected to depict 1.5% CAGR through 2026, owing to rising number of O&G exploration activities.

Global stationary compressor segment was worth USD 8.5 billion in 2019, and may depict appreciable growth since stationary products can supply air at higher pressure.

The horizontal split centrifugal air compressor industry share may exhibit 2% CAGR through 2026, driven by the rising demand from manufacturing and F&B sectors.

The global centrifugal air compressor market size from food & beverages sector may grow at a CAGR of 2.5% through 2026, as the product is used extensively to control actuators and valves in the packaging, bottling, and filling automated lines.

Asia Pacific centrifugal air compressor market size may exceed USD 6 billion by 2026, as the continent hosts nations such as South Korea and Japan that have a strong foothold in electronics manufacturing.