Global Radial Compressor market cagr 10.1%

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Radial Compressor Market

Radial Compressor Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Radial Compressor Market Size and Growth

The global radial compressor market is projected to grow at a CAGR of 4.5% during the forecast period of 2021-2026. The market size is expected to reach $1.8 billion by 2026. Increasing demand for energy-efficient compressors in industries such as oil and gas, power generation, and manufacturing is driving market growth.

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Companies Covered

(Covid 19 Impact Covered)

◍ Atlas Copco

◍ Elliott

◍ Ingersoll Rand

◍ Siemens Energy

◍ GE

◍ MAN Diesel & Turbo

◍ Gardner Denver

◍ Kobelco

◍ MHI

◍ Hitachi

◍ Hanwha Techwin

◍ Kawasaki

◍ IHI

◍ Fusheng

◍ Sullair

The global radial compressor market is highly competitive with key players such as Atlas Copco, Elliott, Ingersoll Rand, Siemens Energy, GE, MAN Diesel & Turbo, Gardner Denver, Kobelco, MHI, Hitachi, Kawasaki, IHI, Fusheng, Sullair, and Hanwha Techwin. These companies utilize radial compressors in various industries to provide reliable and efficient solutions, contributing to the growth of the market.

- Atlas Copco: Sales revenue of $11.5 billion

- Ingersoll Rand: Sales revenue of $8.6 billion - Siemens Energy: Sales revenue of $29.9 billion

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Market Segmentation

By Application

Petrochemical

Industrial Manufacturing

Transportation

Others

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By Product

Single-stage

Multi-stage

Market Growth

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$ X Billion USD

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