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Asia Pacific Turbo Compressor Market Outlook 2037

Published May 19, 2025
Length 359 Pages
SKU # RENE20451217

Description

The global turbo compressor market was valued at USD 20.3 billion in 2024 and is expected to reach USD 43.4 billion by 2037, rising at a compound annual growth rate (CAGR) of 6.0% during the forecast period from 2025 to 2037. By 2025, the market size is projected to be valued at USD 21.5 billion. Furthermore, the market is experiencing robust growth due to the accelerating demand for compressed air and gas in critical applications, such as gas transmission, petrochemical production, and refinery operations. As global industries move toward higher operational efficiency and reduced emissions, turbo compressors are gaining preference for their ability to deliver high-pressure output with minimal energy loss. These systems are particularly favored in continuous-duty applications where reliability, reduced vibration, and compact design are crucial.

Table of Contents

359 Pages
Asia Pacific Turbo Compressor Market
An Outline of the Global Turbo Compressor Market
Market Definition and Segmentation
Study Assumptions and Abbreviations
Research Methodology & Approach
Primary Research
Secondary Research
SPSS Methodology
Data Triangulation
Executive Summary
Global Industry Overview
Industry Supply Chain Analysis
DROT
Driver
Restraint
Opportunities
Trends
Government Regulation
Competitive Landscape
Atlas Copco AB
DANFOSS A/S
EBARA CORPORATION
Hitachi Industrial Products, Ltd.
IHI ASIA PACIFIC PTE. LTD.
KOBE STEEL, LTD.
Mitsubishi Heavy Industries, Ltd.
Siemens Energy
Sulzer Ltd.
TMTV Industries Pvt. Ltd.
Turbo-Tech Compressor Wuxi Co., Ltd
Ongoing Technological Advancements
Price Benchmarking
SWOT Analysis
Product Type Scenario
Power Output Analysis
Turbo Compressor Capacity Analysis
Patent Evaluation
Key Application
Recent Developments
Root Cause Analysis
Industry Risk Assessment
Global Turbo Compressor Market Outlook
Market Overview
Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
Global Turbo Compressor Market Segmentation Analysis (2024-2037)
Type, Value (USD Million)
Centrifugal Turbo Compressor
Axial Turbo Compressor
Stage, Value (USD Million)
Single-Stage
Multi-Stage
Capacity, Value (USD Million)
Medium-Capacity Turbo Compressor (500 - 5000 m³/hour)
Large-Capacity Turbo Compressor (Above 5000 m³/hour)
Power Output, Value (USD Million)
150 kW - 300 kW
300 kW - 2 MW
Above 2 MW
Speed, Value (USD Million)
Below 3000 RPM
3000 - 6000 RPM
6000 - 10000 RPM
Above 10000 RPM
Application, Value (USD Million)
Oil & Gas
Steel Plant
LNG Terminal
Hydrogen & Ammonia Fuel Power Generation
CO2 & Air Storage Power Generation
Others
By Region
North America, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Europe, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Asia Pacific Excluding Japan, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Japan, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Latin America, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Middle East and Africa, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
North America Turbo Compressor Market Outlook
Market Overview
Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
North America Turbo Compressor Market Segmentation Analysis (2024-2037)
Type, Value (USD Million)
Centrifugal Turbo Compressor
Axial Turbo Compressor
Stage, Value (USD Million)
Single-Stage
Multi-Stage
Capacity, Value (USD Million)
Medium-Capacity Turbo Compressor (500 - 5000 m³/hour)
Large-Capacity Turbo Compressor (Above 5000 m³/hour)
Power Output, Value (USD Million)
150 kW - 300 kW
300 kW - 2 MW
Above 2 MW
Speed, Value (USD Million)
Below 3000 RPM
3000 - 6000 RPM
6000 - 10000 RPM
Above 10000 RPM
Application, Value (USD Million)
Oil & Gas
Steel Plant
LNG Terminal
Hydrogen & Ammonia Fuel Power Generation
CO2 & Air Storage Power Generation
Others
By Country
U.S., Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Canada, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Europe Turbo Compressor Market Outlook
Market Overview
Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
Europe Turbo Compressor Market Segmentation Analysis (2024-2037)
Type, Value (USD Million)
Centrifugal Turbo Compressor
Axial Turbo Compressor
Stage, Value (USD Million)
Single-Stage
Multi-Stage
Capacity, Value (USD Million)
Medium-Capacity Turbo Compressor (500 - 5000 m³/hour)
Large-Capacity Turbo Compressor (Above 5000 m³/hour)
Power Output, Value (USD Million)
150 kW - 300 kW
300 kW - 2 MW
Above 2 MW
Speed, Value (USD Million)
Below 3000 RPM
3000 - 6000 RPM
6000 - 10000 RPM
Above 10000 RPM
Application, Value (USD Million)
Oil & Gas
Steel Plant
LNG Terminal
Hydrogen & Ammonia Fuel Power Generation
CO2 & Air Storage Power Generation
Others
By Country
UK, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Germany, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
France, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Italy, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Spain, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Russia, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
BENELUX, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Poland, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Rest of Europe, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Asia Pacific Excluding Japan Turbo Compressor Market Outlook
Market Overview
Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
Asia Pacific Excluding Japan Turbo Compressor Market Segmentation Analysis (2024-2037)
Type, Value (USD Million)
Centrifugal Turbo Compressor
Axial Turbo Compressor
Stage, Value (USD Million)
Single-Stage
Multi-Stage
Capacity, Value (USD Million)
Medium-Capacity Turbo Compressor (500 - 5000 m³/hour)
Large-Capacity Turbo Compressor (Above 5000 m³/hour)
Power Output, Value (USD Million)
150 kW - 300 kW
300 kW - 2 MW
Above 2 MW
Speed, Value (USD Million)
Below 3000 RPM
3000 - 6000 RPM
6000 - 10000 RPM
Above 10000 RPM
Application, Value (USD Million)
Oil & Gas
Steel Plant
LNG Terminal
Hydrogen & Ammonia Fuel Power Generation
CO2 & Air Storage Power Generation
Others
By Country
China, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
India, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
South Korea, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Australia, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Indonesia, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Malaysia, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Vietnam, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Thailand, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Singapore, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
New Zealand, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Rest of APEJ, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Japan Turbo Compressor Market Outlook
Market Overview
Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
Japan Turbo Compressor Market Segmentation Analysis (2024-2037)
Type, Value (USD Million)
Centrifugal Turbo Compressor
Axial Turbo Compressor
Stage, Value (USD Million)
Single-Stage
Multi-Stage
Capacity, Value (USD Million)
Medium-Capacity Turbo Compressor (500 - 5000 m³/hour)
Large-Capacity Turbo Compressor (Above 5000 m³/hour)
Power Output, Value (USD Million)
150 kW - 300 kW
300 kW - 2 MW
Above 2 MW
Speed, Value (USD Million)
Below 3000 RPM
3000 - 6000 RPM
6000 - 10000 RPM
Above 10000 RPM
Application, Value (USD Million)
Oil & Gas
Steel Plant
LNG Terminal
Hydrogen & Ammonia Fuel Power Generation
CO2 & Air Storage Power Generation
Others
Latin America Turbo Compressor Market Outlook
Market Overview
Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
Latin America Turbo Compressor Market Segmentation Analysis (2024-2037)
Type, Value (USD Million)
Centrifugal Turbo Compressor
Axial Turbo Compressor
Stage, Value (USD Million)
Single-Stage
Multi-Stage
Capacity, Value (USD Million)
Medium-Capacity Turbo Compressor (500 - 5000 m³/hour)
Large-Capacity Turbo Compressor (Above 5000 m³/hour)
Power Output, Value (USD Million)
150 kW - 300 kW
300 kW - 2 MW
Above 2 MW
Speed, Value (USD Million)
Below 3000 RPM
3000 - 6000 RPM
6000 - 10000 RPM
Above 10000 RPM
Application, Value (USD Million)
Oil & Gas
Steel Plant
LNG Terminal
Hydrogen & Ammonia Fuel Power Generation
CO2 & Air Storage Power Generation
Others
By Country
Brazil, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Argentina, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Mexico, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Rest of Latin America, Market Value (USD Million), CAGR & Y-o-Y Growth Trend, 2024-2037F
Middle East & Africa Turbo Compressor Market Outlook
Market Overview
Market Revenue by Value (USD Million), and Compound Annual Growth Rate (CAGR)
Middle East & Africa Turbo Compressor Market Segmentation Analysis (2024-2037)
Type, Value (USD Million)
Centrifugal Turbo Compressor
Axial Turbo Compressor
Stage, Value (USD Million)
Single-Stage
Multi-Stage
Capacity, Value (USD Million)
Medium-Capacity Turbo Compressor (500 - 5000 m³/hour)
Large-Capacity Turbo Compressor (Above 5000 m³/hour)
Power Output, Value (USD Million)
150 kW - 300 kW
300 kW - 2 MW
Above 2 MW
Speed, Value (USD Million)
Below 3000 RPM
3000 - 6000 RPM
6000 - 10000 RPM
Above 10000 RPM
Application, Value (USD Million)
Oil & Gas
Steel Plant
LNG Terminal
Hydrogen & Ammonia Fuel Power Generation
CO2 & Air Storage Power Generation
Others
By Country
GCC, Market Value (USD Million), Volume (Tons) and CAGR, 2024-2037F​
Israel, Market Value (USD Million), Volume (Tons) and CAGR, 2024-2037F​
South Africa, Market Value (USD Million), Volume (Tons) CAGR & Y-o-Y Growth Trend, 2024-2037F
Rest of Middle East & Africa, Market Value (USD Million), Volume (Tons) and CAGR, 2024-2037F​
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