Market Overview:
The Global Centrifugal Type MVR Compressor Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for centrifugal type MVR compressors in various applications such as evaporators, crystallization, dryers and other applications. In addition, the growing demand for energy-efficient equipment across different industries is also propelling the growth of this market. Based on type, the centrifugal compressor segment accounted for a major share of the global centrifugal type MVR compressor market in 2017 and is projected to grow at a higher CAGR during the forecast period from 2018 to 2030. This can be attributed to its high efficiency and low operating costs as compared with other types of compressors available in this market.
Product Definition:
Centrifugal Type MVR Compressor is a type of compressor which uses centrifugal force to compress the gas. This type of compressor is used to compress the gas in the high pressure range. The importance of Centrifugal Type MVR Compressor is that it can achieve a high compression ratio and it has a low noise level.
Centrifugal Compressor:
A centrifugal compressor is a mechanical device used for increasing the pressure of air or gas. It works on the principle of centrifugal force which is generated due to rotation. The main components of a centrifugal compressor include impeller, stator, rotor and fluid connections.
Centrifugal Blower:
Centrifugal blower is a mechanical device used to move air in centrifugal compressor. It is an important component of gas turbine engines and responsible for maintaining constant flow of gases into the combustion chamber. The working principle of these devices depends on the speed at which the impeller rotates, i.e., its centrifugal force that creates vacuum cleaner like effect to draw air into it and then forces it towards high pressure point where fuel is burned.
Application Insights:
The centrifugal type MVR compressor finds application in various parts of a gas turbine engine including the combustion section, exhaust gas heat exchangers and other applications such as dryer, where it is used to drive the turbines. Centrifugal compressors are also used for refrigeration purposes in air conditioners and other industrial applications. The centrifugal type MVR compressor market by application can be segmented into dryer, evaporator, crystallization process along with others (power generation).
Crystallization was estimated as the largest market for centrifugal compressors in 2017 owing to its requirement of high-pressure gases that are free from contaminants so that they can be processed at low temperatures without any impurities getting attached to them. These contaminants may cause problems during processing or result in lower yield which reduces overall productivity leading to higher prices being charged by manufacturers resulting in an increased demand for these devices over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The regional market is anticipated to gain traction owing to increasing industrialization and rapid urbanization in countries, such as China and India. In addition, rising disposable income coupled with increased spending on household appliances is likely to drive centrifugal compressors demand over the forecast period.
The Asia Pacific centrifugal type MVVR compressor market was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for compressed air in various industries
- Technological advancements in centrifugal type MVR compressor technology
- Rising awareness about the benefits of using centrifugal type MVR compressors
- Growing demand for energy-efficient and environment-friendly technologies
- Increasing investments in manufacturing and infrastructure sectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Centrifugal Type MVR Compressor Market Research Report
By Type
Centrifugal Compressor, Centrifugal Blower
By Application
Evaporator, Crystallization, Dryer, Other Applications
By Companies
PILLER, Howden, Tuthill, Turbovap, Atlas Copco, GEA Wiegand, Jiangsu Jintongling, ITO, Gardner Denver, SANY, PILLER, Hanwha Techwin, Tiancheng, LEKE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Centrifugal Type MVR Compressor Market Report Segments:
The global Centrifugal Type MVR Compressor market is segmented on the basis of:
Types
Centrifugal Compressor, Centrifugal Blower
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Evaporator, Crystallization, Dryer, Other Applications
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PILLER
- Howden
- Tuthill
- Turbovap
- Atlas Copco
- GEA Wiegand
- Jiangsu Jintongling
- ITO
- Gardner Denver
- SANY
- PILLER
- Hanwha Techwin
- Tiancheng
- LEKE
Highlights of The Centrifugal Type MVR Compressor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Centrifugal Compressor
- Centrifugal Blower
- By Application:
- Evaporator
- Crystallization
- Dryer
- Other Applications
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Centrifugal Type MVR Compressor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Centrifugal type MVR compressor is a type of compressor that uses centrifugal force to compress the air. Centrifugal compressors are often used in industrial applications because they are efficient and can be easily operated.
Some of the major players in the centrifugal type mvr compressor market are PILLER, Howden, Tuthill, Turbovap, Atlas Copco, GEA Wiegand, Jiangsu Jintongling, ITO, Gardner Denver, SANY, PILLER, Hanwha Techwin, Tiancheng, LEKE.
The centrifugal type mvr compressor market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Centrifugal Type MVR Compressor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Centrifugal Type MVR Compressor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Centrifugal Type MVR Compressor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Centrifugal Type MVR Compressor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Centrifugal Type MVR Compressor Market Size & Forecast, 2020-2028
4.5.1 Centrifugal Type MVR Compressor Market Size and Y-o-Y Growth
4.5.2 Centrifugal Type MVR Compressor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Centrifugal Compressor
5.2.2 Centrifugal Blower
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Evaporator
6.2.2 Crystallization
6.2.3 Dryer
6.2.4 Other Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Centrifugal Type MVR Compressor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Centrifugal Type MVR Compressor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Centrifugal Compressor
9.6.2 Centrifugal Blower
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Evaporator
9.10.2 Crystallization
9.10.3 Dryer
9.10.4 Other Applications
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Centrifugal Compressor
10.6.2 Centrifugal Blower
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Evaporator
10.10.2 Crystallization
10.10.3 Dryer
10.10.4 Other Applications
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Centrifugal Compressor
11.6.2 Centrifugal Blower
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Evaporator
11.10.2 Crystallization
11.10.3 Dryer
11.10.4 Other Applications
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Centrifugal Compressor
12.6.2 Centrifugal Blower
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Evaporator
12.10.2 Crystallization
12.10.3 Dryer
12.10.4 Other Applications
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Centrifugal Compressor
13.6.2 Centrifugal Blower
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Evaporator
13.10.2 Crystallization
13.10.3 Dryer
13.10.4 Other Applications
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Centrifugal Type MVR Compressor Market: Competitive Dashboard
14.2 Global Centrifugal Type MVR Compressor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PILLER
14.3.2 Howden
14.3.3 Tuthill
14.3.4 Turbovap
14.3.5 Atlas Copco
14.3.6 GEA Wiegand
14.3.7 Jiangsu Jintongling
14.3.8 ITO
14.3.9 Gardner Denver
14.3.10 SANY
14.3.11 PILLER
14.3.12 Hanwha Techwin
14.3.13 Tiancheng
14.3.14 LEKE
