This report studies the global Centrifugal Compressors market status and forecast, categorizes the global Centrifugal Compressors market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

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.
The principal methods of competition in these markets relate to price, quality, delivery, service and support, technology and innovation. Market players are emphasizing more on product development and product differentiation to acquire competitive advantage, while small players are emphasizing more on the price competition.

Global giant manufactures headquarters mainly distributed in Europe, Japan, China, and USA. The manufacturers in Europe and USA have long histories and unshakable status in this field. Manufacturers such as Atlas Copco and Ingersoll Rand have relative higher level of product’s quality. As to Japan, Kobelco and Hitachi have become as global leaders. The production centers for leading players are moving to developing countries such as China for their low manufacture cost and developing consumer groups.
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Key consumption markets locate at developed countries. USA takes the biggest consumption market share of 27.11% in 2016, followed by China with 25.93%. Europe and Japan are also playing important roles in global consumption market, with market share of 25.22% and 6.66% in 2016 respectively.
In the international market, the marketing channels characteristic differ from company to company. The international leading companies prefer setting up factories directly into aimed market, and taking own sales department to expand market. The giant companies are more likely to set their own big agents in some major countries and regions taking charge of regional business building their international market position. Companies in developing countries such as China, in contrast, put more effort on direct selling business.

New report published by QY Research which offers insights on the global Centrifugal Compressors market. The Centrifugal Compressors market has been experiencing steady growth graph since past years. During the 2017-2023 timeline. In 2018 the global Centrifugal Compressors market was valued at US$ 1,729.8 Mn and by the end of the assessment year (2023), it is estimated to touch a value more than US$ 1,737.5 Mn growing at a value CAGR of 0.18% throughout the period of forecast.
The major players covered in this report
Atlas Copco
Elliott
Ingersoll Rand
Siemens
GE
Man
Gardner Denver
Kobelco
MHI
Hitachi
Hanwha Techwin
Kawasaki
IHI
Fusheng Group
Sullair
Shenyang Blower
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