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Centrifugal Compressors Market Trends 2025 | Emerging Applications in HVAC & Industrial Processing
Centrifugal Compressors Market
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Latest M&A Activity
The centrifugal compressor sector has seen moderate M&A activity in 2025, with larger companies strategically acquiring smaller players to expand product offerings and regional presence. Specific deal values are not widely publicized, but strategic partnerships and acquisitions are helping companies enhance capabilities around advanced compressor technologies.
Industry leaders like Ingersoll Rand, Atlas Copco, and Siemens continue expansion through acquisitions and technology-sharing agreements to strengthen their market positions and innovation pipelines.
Key Players:
Atlas Copco, Siemens, Elliott Group, Ingersoll Rand, Hitachi Ltd., MAN Energy Solutions, GE Oil & Gas, and Air Products and Chemicals Inc
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),
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)
New Product Launches
IHI Rotating Machinery Engineering launched the TRZ Series high-efficiency centrifugal compressor in 2025, featuring improved impellers, direct lubrication for bearings, energy savings, and expanded flow rate capabilities.
Copeland introduced an oil-free centrifugal compressor with Aero-lift bearing technology, enhancing high-lift performance and reliability for HVAC chillers and heat recovery applications.
ABB Turbo Systems received US Department of Energy approval for a new integrally geared centrifugal compressor, highlighting innovation in high-performance, energy-efficient industrial compression.
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
Q: 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 2025 to 2032
Investments and Industry Outlook
The market is buoyed by investments in emerging economies, rapid industrialization in Asia-Pacific, and ongoing expansion in high-demand sectors like petrochemicals, natural gas processing, and renewables.
Environmental regulations and energy efficiency goals are intensifying the adoption of oil-free and digitally enabled compressor technologies to reduce carbon footprint and operational costs.
The HVAC centrifugal compressors market specifically is expected to reach USD 1.3 billion by 2035, with growth driven by sustainable building initiatives.
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