United State Centrifugal Compressors Market 2025: Industry Developments, Future Growth, Share & Industry Insights | Atlas Copco, Siemens, Elliott Group, Ingersoll Rand, Hitachi Ltd.

Centrifugal Compressors Market is expected to grow at a CAGR of 4.23% during the forecast period 2024-2031

DataM Intelligence has published a new research report on "Centrifugal Compressors Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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Key Players: Atlas Copco, Siemens, Elliott Group, Ingersoll Rand, Hitachi Ltd., MAN Energy Solutions, GE Oil & Gas, and Air Products and Chemicals Inc.

USA - Industry Latest News:

✅ Honeywell Acquires Sundyne for $2.2B
On March 4, 2025, Honeywell announced the acquisition of Sundyne LLC, a manufacturer of high-engineered pumps and compressors, to enhance its Energy and Sustainability business.

✅ Ingersoll Rand Launches High-Efficiency Compressors
In 2025, Ingersoll Rand introduced a new line of high-efficiency centrifugal compressors, aiming to improve energy efficiency and reduce operational costs.

Japan - Industry Latest News:

✅ IHI Launches TRZ Series High-Efficiency Compressors
On May 26, 2025, IHI Corporation launched the TRZ Series high-efficiency centrifugal compressors, designed to meet diverse customer needs for flow and pressure ranges.

Korea - Industry Latest News:

✅ Atlas Copco Acquires Kyungwon Compressor Manufacturer
On June 18, 2025, Atlas Copco announced the acquisition of Kyungwon, a Korean-based compressor manufacturer, to expand its product portfolio in the Asia-Pacific market.

✅ Korean Centrifugal Compressor Market Trends
As of July 14, 2025, the Asia-Pacific centrifugal compressor market, including Korea, has seen significant developments, with companies like Gardner Denver acquiring Howden Group to strengthen their position.

Europe - Industry Latest News:

✅ Europe Centrifugal Air Compressor Market Outlook
As of June 6, 2025, the Europe centrifugal air compressor market is expected to register a compound annual growth rate (CAGR) of greater than 3% during the forecast period.

✅ Honeywell's $2.2B Acquisition of Sundyne
On March 4, 2025, Honeywell announced the acquisition of Sundyne LLC for $2.2 billion, aiming to enhance its energy security offerings in Europe.

Growth Forecast Projected:

The Global Centrifugal Compressors Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Centrifugal Compressors Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Product Type (Single Stage Centrifugal Compressors, Multi-stage Centrifugal Compressors)

By End-Users (Oil and Gas, Power Sector, Petrochemical, and Chemical Industries, Others)

By Region (North America, Latin America the, Europe, Asia Pacific, Middle East, and Africa)

Regional Analysis for Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Centrifugal Compressors producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Centrifugal Compressors revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ's

Q1: Which regions are dominating the Centrifugal Compressors market and which are fastest-growing?

A: Asia-Pacific dominated the global centrifugal compressors market.

Q2: How fast is the Centrifugal Compressors Market growing?

A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 4.23% from 2024-2031

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