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
- 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
- Above 2 MW
- Speed, Value (USD Million)
- Below 3000 RPM
- 3000 - 6000 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
- Above 2 MW
- Speed, Value (USD Million)
- Below 3000 RPM
- 3000 - 6000 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
- Above 2 MW
- Speed, Value (USD Million)
- Below 3000 RPM
- 3000 - 6000 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
- Above 2 MW
- Speed, Value (USD Million)
- Below 3000 RPM
- 3000 - 6000 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
- Above 2 MW
- Speed, Value (USD Million)
- Below 3000 RPM
- 3000 - 6000 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
- Above 2 MW
- Speed, Value (USD Million)
- Below 3000 RPM
- 3000 - 6000 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
- Above 2 MW
- Speed, Value (USD Million)
- Below 3000 RPM
- 3000 - 6000 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
- About the Publisher
- We Serve Clients Across World
Companies Mentioned
- DANFOSS A/S
- EBARA CORPORATION
- Hitachi Industrial Products Ltd.
- IHI ASIA PACIFIC PTE. LTD.
- KOBE STEEL Ltd.
- Mitsubishi Heavy Industries Ltd.
- Siemens Energy Sul
