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MembershipGlobal Centrifugal Compressors Sales Market Report 2018,
Published Date: 2018-06-25 | Pages: 119 | Tables: 131 | Report Id: 538709 | Hits: 101 | Machinery & Equipment
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.
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
ShaanGu
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
United States
Europe
China
Japan
Southeast Asia
India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
Turkey
Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Single Stage Centrifugal Compressors
Multi-stage Centrifugal Compressors
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
Petrochemical Industry
Industrial Manufacturing
Transportation
Others
The study objectives of this report are:
To analyze and study the global Centrifugal Compressors sales, value, status (2013-2017) and forecast (2018-2025);
To analyze the top players in North America, Europe, China, Japan, Southeast Asia and India, to study the sales, value and market share of top players in these regions.
Focuses on the key Centrifugal Compressors players, to study the sales, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Centrifugal Compressors are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Centrifugal Compressors Manufacturers
Centrifugal Compressors Distributors/Traders/Wholesalers
Centrifugal Compressors Subcomponent Manufacturers
Industry Association
Downstream Vendors
Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Centrifugal Compressors market, by end-use.
Detailed analysis and profiles of additional market players.
Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from QYResearch and presented in this report.
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
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