Market Overview:
The global single stage centrifugal compressors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for compressed air in various industries such as petrochemical, industrial manufacturing, transportation, and others. Additionally, the growing demand for energy-efficient equipment is also contributing to the growth of this market. Based on type, the global single stage centrifugal compressors market can be segmented into cylinder centrifugal compressor, multi-axis centrifugal compressor, and horizontal profile centrifugal compressor. The cylinder centrifugal compressor segment is expected to hold a major share of the global single stage centrifugal compressors market during the forecast period owing to its high efficiency and low operating costs.
Product Definition:
Single stage centrifugal compressors are those centrifugal compressors that have only one impeller. They are used to provide high pressure air or gas from a low pressure source. Single stage centrifugal compressors are important because they can provide a large increase in pressure with a relatively small increase in size and cost.
Cylinder Centrifugal Compressor:
Cylinder centrifugal compressor is a mechanical device used to increase the pressure of gas or liquid. It works by transferring rotating energy from one or more impellers to convert the high velocity low pressure gas or liquid into low velocity high pressure form. The basic working principle of this machine is similar to that of a spinning wheel, where the fluid is forced out through an opening at the center, also known as rotor hub.
Multi-Axis Centrifugal Compressor:
Multi-axis centrifugal compressor is a type of gas compressor which has more than two sets of rotors. The multi-axes centrifugal compressor consists of several high speed impellers mounted on a common shaft, which results in increased reliability and efficiency. Multi-axis centrifugal compressors are used for applications such as natural gas compression, refinery processes, power generation industries among others.
Application Insights:
Petrochemical industry dominated the global single stage centrifugal compressors market in terms of revenue share in 2017. The segment is expected to witness significant growth over the forecast period on account of rising demand for petroleum products across various end-use industries. Furthermore, growing investments by major oil & gas companies for increasing refining capacity are anticipated to fuel product demand over the coming years.
Industrial manufacturing was another prominent application segment accounting for a significant market share in 2017 owing to high product penetration and wide usage across various industries including metalworking, foundry and chemical processing among others which require continuous process flow with minimal downtime and increased production output at competitive costs.
Regional Analysis:
North America dominated the global single stage centrifugal compressors market in terms of revenue with a share of over 35.0% in 2017. This is attributed to the presence of major players, technological advancements, and high demand for energy efficient products. The U.S.
Growth Factors:
- Increasing demand for compressed air in various industries
- Technological advancements in centrifugal compressors
- Rising adoption of single stage centrifugal compressors in small and medium-sized enterprises
- Growing popularity of energy-efficient and cost-effective centrifugal compressors
- Proliferation of rental services for single stage centrifugal compressors
Scope Of The Report
Report Attributes
Report Details
Report Title
Single Stage Centrifugal Compressors Market Research Report
By Type
Cylinder Centrifugal Compressor, Multi-Axis Centrifugal Compressor, Horizontal Profile Centrifugal Compressor
By Application
Petrochemical Industry, Industrial Manufacturing, Transportation, Others
By Companies
Atlas Copco, Elliott, Ingersoll Rand, Siemens, GE Oil & Gas, MAN Diesel & Turbo, Gardner Denver, Kobelco, MHI, Hitachi, Atlas Copco, Kawasaki, IHI, Fusheng Group, Sullair
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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Single Stage Centrifugal Compressors Market Report Segments:
The global Single Stage Centrifugal Compressors market is segmented on the basis of:
Types
Cylinder Centrifugal Compressor, Multi-Axis Centrifugal Compressor, Horizontal Profile Centrifugal Compressor
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
Petrochemical Industry, Industrial Manufacturing, Transportation, Others
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:
- Atlas Copco
- Elliott
- Ingersoll Rand
- Siemens
- GE Oil & Gas
- MAN Diesel & Turbo
- Gardner Denver
- Kobelco
- MHI
- Hitachi
- Atlas Copco
- Kawasaki
- IHI
- Fusheng Group
- Sullair
Highlights of The Single Stage Centrifugal Compressors 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:
- Cylinder Centrifugal Compressor
- Multi-Axis Centrifugal Compressor
- Horizontal Profile Centrifugal Compressor
- By Application:
- Petrochemical Industry
- Industrial Manufacturing
- Transportation
- Others
- 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 Single Stage Centrifugal Compressors 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
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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?
Single stage centrifugal compressors are used to reduce the volume of a gas or liquid. The compressor uses a rotating impeller to create high-pressure air and force the gas or liquid through a narrow opening. This process reduces the amount of space needed for storage, transportation, and processing.
Some of the major players in the single stage centrifugal compressors market are Atlas Copco, Elliott, Ingersoll Rand, Siemens, GE Oil & Gas, MAN Diesel & Turbo, Gardner Denver, Kobelco, MHI, Hitachi, Atlas Copco, Kawasaki, IHI, Fusheng Group, Sullair.
The single stage centrifugal compressors market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Single Stage Centrifugal Compressors 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 Single Stage Centrifugal Compressors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Single Stage Centrifugal Compressors 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 Single Stage Centrifugal Compressors 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 Single Stage Centrifugal Compressors Market Size & Forecast, 2020-2028
4.5.1 Single Stage Centrifugal Compressors Market Size and Y-o-Y Growth
4.5.2 Single Stage Centrifugal Compressors 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 Cylinder Centrifugal Compressor
5.2.2 Multi-Axis Centrifugal Compressor
5.2.3 Horizontal Profile Centrifugal Compressor
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 Petrochemical Industry
6.2.2 Industrial Manufacturing
6.2.3 Transportation
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Single Stage Centrifugal Compressors 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 Single Stage Centrifugal Compressors 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 Cylinder Centrifugal Compressor
9.6.2 Multi-Axis Centrifugal Compressor
9.6.3 Horizontal Profile Centrifugal Compressor
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 Petrochemical Industry
9.10.2 Industrial Manufacturing
9.10.3 Transportation
9.10.4 Others
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 Cylinder Centrifugal Compressor
10.6.2 Multi-Axis Centrifugal Compressor
10.6.3 Horizontal Profile Centrifugal Compressor
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 Petrochemical Industry
10.10.2 Industrial Manufacturing
10.10.3 Transportation
10.10.4 Others
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 Cylinder Centrifugal Compressor
11.6.2 Multi-Axis Centrifugal Compressor
11.6.3 Horizontal Profile Centrifugal Compressor
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 Petrochemical Industry
11.10.2 Industrial Manufacturing
11.10.3 Transportation
11.10.4 Others
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 Cylinder Centrifugal Compressor
12.6.2 Multi-Axis Centrifugal Compressor
12.6.3 Horizontal Profile Centrifugal Compressor
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 Petrochemical Industry
12.10.2 Industrial Manufacturing
12.10.3 Transportation
12.10.4 Others
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 Cylinder Centrifugal Compressor
13.6.2 Multi-Axis Centrifugal Compressor
13.6.3 Horizontal Profile Centrifugal Compressor
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 Petrochemical Industry
13.10.2 Industrial Manufacturing
13.10.3 Transportation
13.10.4 Others
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 Single Stage Centrifugal Compressors Market: Competitive Dashboard
14.2 Global Single Stage Centrifugal Compressors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Atlas Copco
14.3.2 Elliott
14.3.3 Ingersoll Rand
14.3.4 Siemens
14.3.5 GE Oil & Gas
14.3.6 MAN Diesel & Turbo
14.3.7 Gardner Denver
14.3.8 Kobelco
14.3.9 MHI
14.3.10 Hitachi
14.3.11 Atlas Copco
14.3.12 Kawasaki
14.3.13 IHI
14.3.14 Fusheng Group
14.3.15 Sullair
