-- Global centrifugal compressors market size touched the mark of USD 1718 Mn in the year 2017 surging from USD 1696 Mn in the year 2013, exhibiting a modest growth between these years. Primary consumption markets are based at APAC, Europe, and North America, whereas the Middle East holds approximately 10-12 percent market share attributed to applications in petrochemical and few other industries. The USA took the largest consumption market share of 28 percent in the year 2017. According to the report, Europe, China, and Japan are also considerably significant contenders in the industry landscape, as are Southeast Asia and India that are predicted to witness positive development in the forecast timespan.
A centrifugal compressor is a type of compressor that utilizes rotating vanes or impellers to compress a gas instead of a piston. This design is used in high-end air compressors as well as on refrigeration units and air conditioners. This type of compressor is able to be used in stages to create ultra-high compression of gasses or air. This type of compressor has fewer moving parts and operates more smoothly than a piston-type compressor.
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Market Segment by Manufacturers, this report covers:
Atlas Copco
Elliott
Ingersoll Rand
Siemens
GE
Man
Gardner Denver
Kobelco
MHI
Hitachi
Presently, the leading companies operating in the global centrifugal compressors market are Atlas Copco, Gardner Denver, Ingersoll Rand, KAESER, Sullair, Fusheng, Kobelco, Boge, Hitachi, etc., out of which the top five manufacturers seized approximately 45 percent revenue market share in the year 2017. The key techniques of competition in these markets pertain to price, service, quality, delivery, support, technology, and innovation.
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Market Segment by Type, covers:
Single Stage Centrifugal Compressors
Multi-stage Centrifugal Compressors
Market Segment by Applications, can be divided into:
Petrochemical Industry
Industrial Manufacturing
Transportation
Others
The headquarters of global giants in this industry are mainly spread across Europe, USA, Japan, and China. The manufacturers in the USA and Europe have a long history and strong standing in this field. Manufacturers such as Ingersoll Rand and Atlas Copco in fact, are known to endorse relatively high product quality.
As per Global Info Research, the market majors are expected to set their own representatives in some key nations and regions taking responsibility for regional expansion and building their international goodwill. Establishments in developing nations such as China, contrastingly would focus their efforts on direct selling business.
Table of Content:
1 Market Overview
2 Manufacturers Profiles
3 Global Centrifugal Compressors Market Competition, by Manufacturer
4 Global Centrifugal Compressors Market Analysis by Regions
5 North America Centrifugal Compressors by Countries
6 Europe Centrifugal Compressors by Countries
7 Asia-Pacific Centrifugal Compressors by Countries
8 South America Centrifugal Compressors by Countries
9 Middle East and Africa Centrifugal Compressors by Countries
10 Global Centrifugal Compressors Market Segment by Type
11 Global Centrifugal Compressors Market Segment by Application
12 Centrifugal Compressors Market Forecast (2017-2022)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
More Details on this Report at: https://www.marketstudyreport.com/reports/global-centrifugal-compressors-market-by-manufacturers-countries-type-and-application-forecast-to-2022
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https://www.marketstudyreport.com/reports/global-oil-free-centrifugal-compressors-market-professional-survey-report-2018
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