Centrifugal Compressors Market by Type (Multi-stage Centrifugal Compressors, Single-stage Centrifugal Compressors , Axial Centrifugal Compressors); by Application (Onshore, Offshore); by Vertical (Air Conditioning, Refrigeration and HVAC [Ammonia Condensing], Oil Refineries, Chemical Plants [Ethanol Production, Ammonia Production], Enhanced Oil Recovery (EOR) [Gas Injection, Thermal Injection, Chemical Injection], Fertilizer Plants, Gas Turbines, Steel Plants, Others); by Regions (North America,


Report ID : RNR-203843 Category : Energy Resources Published Date : 2018
Publisher : Research-N-Reports Pages : 126 Format : PDF
Centrifugal compressors are a sub-class of dynamic axisymmetric work-absorbing turbomachinery used as a part of oil and gas industry for an assortment of applications. A simple radial compressor comprises of four parts: inlet, impeller/rotor, diffuser, and collector. Energy is exchanged from a set of turning impeller blades to the gas in the centrifugal compressor. The designation centrifugal suggests that the gas stream is outspread, and the energy exchange is caused by an adjustment in the centrifugal forces acting on the gas. This kinetic energy is then changed over to an increase in potential energy/static weight by moderating the course through a diffuser. Centrifugal compressors convey high flow capacity per unit of introduced space and weight, have great dependability, and require fundamentally less maintenance than different compressors used as a part of the segment.
In terms of revenue, Global Centrifugal Compressors Market was valued at US$ 10.92 billion in 2016 and is expected to reach US$ 23.87 billion by 2025, expanding at a CAGR of 9.2% from 2017 to 2025. The North America Market alone is forecast to be worth $XX billion in 2025, accounting for XX% of the overall Centrifugal Compressors market. Centrifugal compressors offer certain operational benefits over ordinary natural gas compressors and are instrumental in an everyday oil and gas operations. Some of them are essentially decreased sour oil spillage and can be supplied with a component that enables the compressor to maintain case weight amid the shutdown without requiring that the auxiliary seal oil framework is working.  
Among by-vertical segments, the oil refineries segment represented a major share of the Global Centrifugal Compressors Market in 2016 and is anticipated to hold the largest share of the overall market throughout the forecast period. In terms of revenue, Market Segment contributed for about XX% share of the Market and is projected to increase in the coming years. On the basis of Application, the offshore segment is anticipated to hold the largest share of the overall market throughout the forecast period.
The market is relied upon to keep prospering in developed and emerging economies of the world. North America is evaluated to be the biggest market as the region's new exploration activity is at an all-time high and the ongoing shale boom boosting the oil and gas industry. Europe and Asia-Pacific are developing rapidly in terms of market demand. Demand is high predominantly in some republics such as China, India, United Kingdom, and the Netherlands. Nations, for example, South and Central America and Africa are relied upon to have a decent share of the market demand in the coming years in spite of the fact that there are a few components limiting the oil and gas activity in these regions. Despite the fact that there are certain factors limiting the oil and gas market activity, the market demand is relied upon to originate from the current operations.
The report provides both, qualitative and quantitative research of the Global Centrifugal Compressors Market, as well as encompasses worthy insights into the rational scenario and favored improvement methods adopted by key contenders. Some of the primary players of Global Centrifugal Compressors Market are Baker Hughes Incorporated, Johnson Controls, Dresser-Rand, FS-ELLIOTT CO., LLC, Schlumberger Limited., Sundyne, Danfoss, GENERAL ELECTRIC, Atlas Copco Ltd., Kirloskar Pneumatic Company Limited, IHI Rotating Machinery Engineering Co., Ltd., Howden Group, Man Diesel & Turbo, MITSUBISHI HEAVY INDUSTRIES, LTD., MITSUI & CO., LTD., Siemens Ltd., Ingersoll-Rand plc., Hitachi, Ltd., KOBELCO, and Elliott Group among others.
1.	Introduction 
1.1. Market Scope 
1.2. Market Segmentation 
1.3. Methodology 
1.4. Assumptions 
2.	Centrifugal Compressor Market Snapshot 
2.1. Market Dynamic Snapshot 
2.1.1. Comparative Analysis (Base year v/s. Forecast) 
2.1.2. Geographic Outlook 
3.	Qualitative Analysis: Centrifugal Compressor Market 
3.1. Introduction 
3.1.1. Product Definition 
3.1.2. Industry Development 
3.2. Market Dynamics 
3.2.1. Drivers 
3.2.2. Restraints 
3.2.3. Opportunities 
3.3. Centrifugal Compressor Pipeline Analysis 
4.	Global Centrifugal Compressor Market Analysis and Forecasts, 2017 - 2025 
4.1. Overview 
4.1.1.   Global Centrifugal Compressor Market Revenue (US$ Mn) 
4.2. Global Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Type 
4.2.1. Overview and Definition 
4.2.2. Multi-stage Centrifugal Compressors 
4.2.3. Single-stage Centrifugal Compressors  
4.2.4. Axial Centrifugal Compressors 
4.3. Key Segment for Channeling Investments 
4.3.1. By Type 
5.	Global Centrifugal Compressor Market Analysis and Forecasts, 2017 - 2025 
5.1. Overview 
5.1.1.   Global Centrifugal Compressor Market Revenue (US$ Mn) 
5.2. Global Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Application    
5.2.1. Overview and Definition 
5.2.2. Onshore  
5.2.3. Offshore 
5.3. Key Segment for Channeling Investments 
5.3.1. By Application  
6.	Global Centrifugal Compressor Market Analysis and Forecasts, 2017 - 2025 
6.1. Overview 
6.1.1.   Global Centrifugal Compressor Market Revenue (US$ Mn) 
6.2. Global Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Vertical     
6.2.1. Overview and Definition 
6.2.2. Air Conditioning, Refrigeration and HVAC 
6.2.2.1. Ammonia Condensing  
6.2.3. Oil Refineries  
6.2.4. Chemical Plants 
6.2.4.1. Ethanol Production  
6.2.4.2. Ammonia Production   
6.2.5. Enhanced Oil Recovery (EOR) 
6.2.5.1. Gas Injection 
6.2.5.2. Thermal Injection 
6.2.5.3. Chemical Injection 
6.2.6. Fertilizer Plants  
6.2.7. Gas Turbines  
6.2.8. Steel Plants  
6.2.9. Others 
6.3. Key Segment for Channeling Investments 
6.3.1. By Vertical  
7.	North America Centrifugal Compressor Market Analysis and Forecasts, 2017 - 2025 
7.1. Overview 
7.1.1.  North America Centrifugal Compressor Market Revenue (US$ Mn) 
7.2. North America Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Type 
7.2.1. Multi-stage Centrifugal Compressors 
7.2.2. Single-stage Centrifugal Compressors  
7.2.3. Axial Centrifugal Compressors  
7.3. North America Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Application   
7.3.1. Onshore  
7.3.2. Offshore 
7.4. North America Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Vertical  
7.4.1. Air Conditioning, Refrigeration and HVAC 
7.4.1.1. Ammonia Condensing  
7.4.2. Oil Refineries  
7.4.3. Chemical Plants 
7.4.3.1. Ethanol Production  
7.4.3.2. Ammonia Production   
7.4.4. Enhanced Oil Recovery (EOR) 
7.4.4.1. Gas Injection 
7.4.4.2. Thermal Injection 
7.4.4.3. Chemical Injection 
7.4.5. Fertilizer Plants  
7.4.6. Gas Turbines  
7.4.7. Steel Plants  
7.4.8. Others 
7.5. North America Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Country 
7.5.1. U.S. 
7.5.2. Rest of North America 
7.6. Key Segment for channeling Investments 
7.6.1. By Country 
7.6.2. By Type 
7.6.3. By Application 
7.6.4. By Vertical     
8.	Europe Centrifugal Compressor Market Analysis and Forecasts, 2017 - 2025 
8.1. Overview 
8.1.1. Europe Centrifugal Compressor Market Revenue (US$ Mn) 
8.2. Europe Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Type 
8.2.1. Multi-stage Centrifugal Compressors 
8.2.2. Single-stage Centrifugal Compressors  
8.2.3. Axial Centrifugal Compressors  
8.3. Europe Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Application   
8.3.1. Onshore  
8.3.2. Offshore 
8.4. Europe Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Vertical  
8.4.1. Air Conditioning, Refrigeration and HVAC 
8.4.1.1. Ammonia Condensing  
8.4.2. Oil Refineries  
8.4.3. Chemical Plants 
8.4.3.1. Ethanol Production  
8.4.3.2. Ammonia Production   
8.4.4. Enhanced Oil Recovery (EOR) 
8.4.4.1. Gas Injection 
8.4.4.2. Thermal Injection 
8.4.4.3. Chemical Injection 
8.4.5. Fertilizer Plants  
8.4.6. Gas Turbines  
8.4.7. Steel Plants  
8.4.8. Others 
8.5. Europe Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Country 
8.5.1. France 
8.5.2. The U.K. 
8.5.3. Spain 
8.5.4. Germany 
8.5.5. Italy 
8.5.6. Rest of Europe 
8.6. Key Segment for channeling Investments 
8.6.1. By Country 
8.6.2. By Type 
8.6.3. By Application  
8.6.4. By Vertical  
9.	Asia Pacific Centrifugal Compressor Market Analysis and Forecasts, 2017 - 2025 
9.1. Overview 
9.1.1. Asia Pacific Centrifugal Compressor Market Revenue (US$ Mn) 
9.2. Asia Pacific Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Type 
9.2.1. Multi-stage Centrifugal Compressors 
9.2.2. Single-stage Centrifugal Compressors  
9.2.3. Axial Centrifugal Compressors  
9.3. Asia Pacific Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Application   
9.3.1. Onshore  
9.3.2. Offshore 
9.4. Asia Pacific Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Vertical  
9.4.1. Air Conditioning, Refrigeration and HVAC 
9.4.1.1. Ammonia Condensing  
9.4.2. Oil Refineries  
9.4.3. Chemical Plants 
9.4.3.1. Ethanol Production  
9.4.3.2. Ammonia Production   
9.4.4. Enhanced Oil Recovery (EOR) 
9.4.4.1. Gas Injection 
9.4.4.2. Thermal Injection 
9.4.4.3. Chemical Injection 
9.4.5. Fertilizer Plants  
9.4.6. Gas Turbines  
9.4.7. Steel Plants  
9.4.8. Others 
9.5. Asia Pacific Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Country 
9.5.1. China 
9.5.2. Japan 
9.5.3. India 
9.5.4. Southeast Asia 
9.5.5. Rest of Asia Pacific 
9.6. Key Segment for channeling Investments 
9.6.1. By Country 
9.6.2. By Type 
9.6.3. By Application 
9.6.4. By Vertical   
10.	Middle East & Africa Centrifugal Compressor Market Analysis and Forecasts, 2017 - 2025 
10.1. Overview 
10.1.1. Middle East & Africa Centrifugal Compressor Market Revenue (US$ Mn) 
10.2. Middle East & Africa Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Type 
10.2.1. Multi-stage Centrifugal Compressors 
10.2.2. Single-stage Centrifugal Compressors  
10.2.3. Axial Centrifugal Compressors  
10.3. Middle East & Africa Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By 
Application   
10.3.1. Onshore  
10.3.2. Offshore 
10.4. Middle East & Africa Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Vertical  
10.4.1. Air Conditioning, Refrigeration and HVAC 
10.4.1.1. Ammonia Condensing  
10.4.2. Oil Refineries  
10.4.3. Chemical Plants 
10.4.3.1. Ethanol Production  
10.4.3.2. Ammonia Production   
10.4.4. Enhanced Oil Recovery (EOR) 
10.4.4.1. Gas Injection 
10.4.4.2. Thermal Injection 
10.4.4.3. Chemical Injection 
10.4.5. Fertilizer Plants  
10.4.6. Gas Turbines  
10.4.7. Steel Plants  
10.4.8. Others 
10.5. Middle East & Africa Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Country 
10.5.1. GCC Countries 
10.5.2. Southern Africa 
10.5.3. Rest of MEA 
10.6. Key Segment for channeling Investments 
10.6.1. By Country 
10.6.2. By Type 
10.6.3. By Application 
10.6.4. By Vertical    
11.	Latin America Centrifugal Compressor Market Analysis and Forecasts, 2017 - 2025 
11.1. Overview 
11.1.1. Latin America Centrifugal Compressor Market Revenue (US$ Mn) 
11.2. Latin America Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Type 
11.2.1. Multi-stage Centrifugal Compressors 
11.2.2. Single-stage Centrifugal Compressors  
11.2.3. Axial Centrifugal Compressors  
11.3. Latin America Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Application   
11.3.1. Onshore  
11.3.2. Offshore 
11.4. Latin America Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Vertical  
11.4.1. Air Conditioning, Refrigeration and HVAC 
11.4.1.1. Ammonia Condensing  
11.4.2. Oil Refineries  
11.4.3. Chemical Plants 
11.4.3.1. Ethanol Production  
11.4.3.2. Ammonia Production   
11.4.4. Enhanced Oil Recovery (EOR) 
11.4.4.1. Gas Injection 
11.4.4.2. Thermal Injection 
11.4.4.3. Chemical Injection 
11.4.5. Fertilizer Plants  
11.4.6. Gas Turbines  
11.4.7. Steel Plants  
11.4.8. Others 
11.5. Latin America Centrifugal Compressor Market Revenue (US$ Mn) and Forecasts, By Country 
11.5.1. Brazil 
11.5.2. Rest of Latin America 
11.6. Key Segment for channeling Investments 
11.6.1. By Country 
11.6.2. By Type 
11.6.3. By Application  
11.6.4. By Vertical 
12.	Competitive Benchmarking 
12.1. Market Positioning By Functionality Manufacturers 
12.2. Global Presence and Growth Strategies 
12.3. Market Share Analysis 
13.	Player Profiles 
13.1. Baker Hughes Incorporated  
13.1.1. Company Details 
13.1.2. Company Overview 
13.1.3. Key Developments 
13.1.4. Financial Analysis 
13.1.5. Key Strengths 
13.1.6. Key Opportunities 
13.1.7. Business Strategies 
13.2. Halliburton 
13.3. Weatherford 
13.4. Royal Dutch Shell plc. 
13.5. Schlumberger Limited. 13.6. Statoil ASA 
13.7. BP plc. 
13.8. GENERAL ELECTRIC 
13.9. Atlas Copco Ltd. 
13.10. Energy Transfer Partners, L.P. 
13.11. J-W Power Company 13.12. Axip Energy Services 
13.13. ENERFLEX LTD. 
13.14. MITSUBISHI HEAVY INDUSTRIES, LTD. 
13.15. MITSUI & CO., LTD. 
13.16. Siemens Ltd. 
13.17. Eaton 
13.18. Hitachi, Ltd. 
13.19. KOBELCO 
13.20. Elliott Group 
 
14.	Key Findings