Global Centrifugal Air Compressor Market Size Likely to Expand at a CAGR of 5.22% By 2034

Centrifugal Air Compressor Market Size

Global Centrifugal air compressor Market size was valued at USD 8,483.05 Million in 2025 and is expected to reach USD 13,410.24 Million by 2034, at a CAGR of 5.22% during the forecast period 2025 – 2034.

Centrifugal Air Compressor Market Overview

The centrifugal air compressor market is experiencing significant growth due to increasing demand for these compressors in various industries such as oil and gas, petrochemical, and power generation. Along with adopting centrifugal air compressors in emerging markets, the need for energy-efficient and reliable compression solutions is promoting the expansion of this market.

Major trends adopt digital technologies for large, more efficient compressors’ change, monitoring and control, and integration of centrifugal compressors in renewable energy applications such as biofuel production and natural gas compression. Additionally, modular designs offering ease of flexibility and maintenance are receiving traction, while increasing emphasis on environmental stability is promoting the development of energy-skilled compressors.

Market growth is mainly inspired by rapid industrialization in emerging economies. As industries such as automotive, aerospace, manufacturing, and healthcare, the requirement of reliable compressed air solutions is accelerated.

Oil and gas, energy, and petrochemical industries, especially in countries such as the US, China, and India, are the major contributors to the market demand. These areas are focusing on energy-efficient air compressors to meet environmental rules and low operating expenses.

The Centrifugal Air Compressor faces some challenges in the market. The high initial cost associated with manufacturing and establishing these compressors is a significant hurdle, especially for small-scale manufacturers. Research and development costs, with the need to follow strict government rules, add to production expenses.

There are enough opportunities in the Centrifugal Air Compressor Market, especially in the petrochemical industry. As the demand for sophisticated petroleum products and gas increases, centric compressors are widely used to maintain gas transport, air injections, and pressure in pipelines.

The development of the petrochemical region, mainly in emerging markets, is likely to increase the demand for centrifugal air compressors. In 2023, Hoven, a leading player in the market, planned to supply compressors for Europe’s largest renewable hydrogen plant, which highlights the growing opportunity for centrifugal air compressors in the renewable energy sector.

In addition, technological progresses, including integration of digital technologies, variable drives, and aerodynamic reforms, are ready to increase compressor performance, energy efficiency and environmental stability. Since industries rapidly prioritize environmentally friendly solutions, the demand for energy-efficient compressors is expected to increase, which gives further market opportunities.

The centrifugal air compressor market can be fragmented on the basis of application, lubrication type, and region. In terms of the application, the manufacturing section dominated the market in 2024 and is expected to maintain its leadership during the forecast period.

This is due to the comprehensive use of compressed air in manufacturing processes, such as material handling, pneumatic equipment, and machine operations. Central air compressors, with low noise levels and their ability to work with efficiency, are highly preferred in manufacturing environments.

For example, the food and beverage industry, which requires stringent hygiene standards, rapidly adopted oil-free centrifugal compressors to ensure contamination-free air. The demand for energy-efficient centrifugal air compressors in the food sector is expected to increase as the purpose of companies is to reduce operating costs.

Regionally, the Asia Pacific region dominated the market in 2024 and is expected to keep its dominance during the forecast period. Rapid industrialization in countries such as China, India, and Southeast Asian countries has greatly increased the demand for compressed air in various industries, including manufacturing, petrochemicals, and construction.

Infrastructure development projects in areas of construction, transportation, and utilities, further enhance the demand for centrifugal air compressors. In addition, strict environmental rules in the region are advancing industries to adopt cleaner and more energy-efficient technologies, promoting the adoption of centrifugal air compressors.

Major players in the Centrifugal Air Compressor Market are adopting several development strategies, such as mergers, acquisitions, joint ventures, and new products. For example, in February 2024, Hitachi Global Air Power made a significant contribution by donating a portable air compressor to the Alzheimer’s Association for charity. Such an initiative not only improves brand image but also promotes innovation.

Report Scope

CMI has comprehensively analyzed Global Centrifugal air compressor market. The drivers, restraints, challenges, opportunities, key trends have been explained in depth to depict in depth scenario of Centrifugal air compressor market. Segment wise market size and market share for Centrifugal air compressor during the forecast period is duly addressed to portray the probable picture of the Global Centrifugal air compressor industry.

The competitive landscape includes of key innovators, market giants as well as niche players are studied and analyzed extensively with respect to their strengths, weaknesses as well as value addition prospects. In addition, the report covers Centrifugal air compressor key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.

List of the prominent players in the Centrifugal Air Compressor Market:

• Atlas Copco AB
• Ingersoll-Rand PLC
• Sundyne
• Gardner Denver Holdings Inc.
• Dresser-Rand Group Inc.
• Howden Group
• Mitsubishi Heavy Industries Compressor
• Sullair LLC
• Zhejiang Kaishan Compressor CO. LTD.
• Siemens Energy
• GE Oil & Gas
• Elliott Group
• MAN Energy Solutions
• Hitachi
• Kobelco Compressors
• Hanwha Power Systems
• Solar Turbines
• IHI Corporation
• Kaeser Compressors
• Shenyang Blower Works Group
• Boge Compressors
• EnPro Industries
• Kawasaki Heavy Industries
• Flowserve
• CurtissWright Corporation
• RollsRoyce
• Ariel Corporation
• Others

The Centrifugal Air Compressor Market is segmented as follows:

By Lubrication

• Oil-free
• Oil Filled

By Application

• Manufacturing
• Food & Beverage
• Semiconductor & Electronics
• Healthcare/Medical
• Oil & Gas
• Home Appliances
• Energy
• Manufacturer (IDMs)
• Foundries
• Others

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America