Integrally Geared Centrifugal Compressor Market Report 2026

The integrally geared centrifugal compressor market size has grown strongly in recent years. It will grow from $1.71 billion in 2025 to $1.81 billion in 2026 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to advancements in high-speed gearbox engineering for multi-stage compression, increasing industrial adoption of energy-efficient gas compression solutions, development of optimized impeller assemblies enabling higher aerodynamic performance, expansion of applications in chemical and petrochemical processing, rising integration of intercoolers and aftercoolers to enhance stage efficiency.

The integrally geared centrifugal compressor market size is expected to see strong growth in the next few years. It will grow to $2.26 billion in 2030 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to growing demand for compact and high-efficiency compression systems in industrial gas processing, increasing adoption of advanced compressor control systems for operational optimization, expansion of lng, hydrogen, and clean-energy infrastructure requiring precision compression, technological improvements in materials enabling higher rotational speeds, rising utilization of integrally geared compressors in emerging industrial markets. Major trends in the forecast period include expansion of multi-stage integrally geared centrifugal compressors in high-pressure gas processing, growing penetration of integrally geared compressors in air separation and industrial gas production, increasing replacement of reciprocating and screw compressors with integrally geared centrifugal units, greater adoption of api 617 and api 672-compliant integrally geared compressor packages, rising demand for compact, skid-mounted integrally geared compressor systems for brownfield retrofits.

The growing demand in the oil and gas sector is expected to drive the growth of the integrally geared centrifugal compressor market going forward. The oil and gas sector encompasses the exploration, extraction, processing, and distribution of petroleum and natural gas resources. Rising demand is fueled by increasing transportation needs, as more vehicles and air travel contribute to higher fuel consumption globally. Integrally geared centrifugal compressors support the oil and gas industry by providing high-efficiency gas compression for applications such as natural gas processing, pipeline boosting, and gas injection, enhancing reliability while minimizing operational footprint. For instance, in March 2024, according to the US Energy Information Administration, a US-based government agency, natural gas production rose 4% in 2023, averaging 125 Bcf/d, a 5 Bcf/d increase. Therefore, the growing demand in the oil and gas sector is propelling the growth of the integrally geared centrifugal compressor market.

Major companies operating in the integrally geared centrifugal compressor market are focusing on developing advanced solutions such as high-efficiency centrifugal compressors, providing compact and energy-efficient gas compression systems across industries. A high-efficiency centrifugal compressor is a turbomachinery device designed to compress gases with minimal energy use by employing optimized impellers, diffusers, and gear systems to enhance performance and reduce operational costs. For instance, in May 2025, IHI Rotating Machinery Engineering Co. Ltd., a Japan-based machinery manufacturer, introduced the TRZ Series, a high-efficiency integrally geared centrifugal compressor line tailored for industrial applications. The series offers improved efficiency, lower operating costs, and simplified maintenance through advanced impeller design, direct lubrication, and standardized components, delivering reliable, economical, and sustainable air compression solutions for large-scale operations.

In June 2025, Honeywell International Inc., a US-based manufacturing company, acquired Sundyne Corporation for $2.16 billion. The acquisition enables Honeywell to enhance its process industry capabilities by integrating Sundyne’s expertise in integrally geared centrifugal compressors with its automation and control solutions, providing more efficient and reliable industrial processes. Sundyne Corporation is a US-based manufacturer specializing in integrally geared centrifugal compressors.

Major companies operating in the integrally geared centrifugal compressor market are Atlas Copco AB, Siemens Energy AG, MAN Energy Solutions SE, Ingersoll Rand Inc., Baker Hughes Company, Mitsubishi Heavy Industries Ltd., Kobe Steel, Ltd., IHI Corporation, FS‑Elliott Co., LLC., Howden Group Ltd., Sundyne LLC, General Electric Company, Hitachi, Ltd., Kaeser Kompressoren SE, BORSIG ZM Compression GmbH HMS Group, Boldrocchi Group, Kirloskar Pneumatic Company Limited, Hanwha Power Systems Co., Ltd., Elliott Group, Mitsui E&S Machinery Co., Ltd., Aerzen (Aerzener Maschinenfabrik GmbH)

North America was the largest region in the integrally geared centrifugal compressor market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the integrally geared centrifugal compressor market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on industrial machinery, steel, and precision components are raising the cost of bull gears, pinions, casings, and control systems used in integrally geared centrifugal compressors, leading to higher factory-gate prices and longer lead times. These impacts are most pronounced in multi-stage process gas compressors for oil and gas, chemical and petrochemical, and power generation applications, as well as in gas compression and refrigeration segments that rely on complex, high-value packages. Export-oriented hubs in Europe, North America, and East Asia face margin pressure, while emerging markets importing nitrogen, hydrocarbon process gas, and refrigerant compressors encounter slower project approvals. At the same time, tariffs are encouraging localization of manufacturing, regional supply chains, and re-engineering of compressor packages to reduce material intensity and total landed cost, which can ultimately strengthen domestic producers and spur innovation in design and packaging.

The integrally geared centrifugal compressor market research report is one of a series of new reports that provides integrally geared centrifugal compressor market statistics, including the integrally geared centrifugal compressor industry's global market size, regional shares, competitors with the integrally geared centrifugal compressor market share, detailed integrally geared centrifugal compressor market segments, market trends and opportunities, and any further data you may need to thrive in the integrally geared centrifugal compressor market. This integrally geared centrifugal compressor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

An integrally geared centrifugal compressor is a type of turbomachinery that incorporates a central bull gear driving several pinion shafts, each linked to its own impeller stage. This setup enables optimized impeller speeds and enhances efficiency across the compression stages. The design also minimizes the overall footprint and boosts aerodynamic performance by allowing tailored speed adjustment for each stage.

The primary categories of integrally geared centrifugal compressors include radial compressors and axial compressors. Radial compressors, often known as centrifugal compressors, use impellers to push gas outward from the center of rotation, converting kinetic energy into pressure. They are engineered to compress various gases such as nitrogen, acid hydrocarbon gas, chlorine, air, fuel gas, hydrocarbon process gas, refrigerants, and more. These compressors find applications in air and gas compression, refrigeration, and are utilized across numerous industries including oil and gas, chemical and petrochemical, power generation, manufacturing, air suspension, and others.

The countries covered in the integrally geared centrifugal compressor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The integrally geared centrifugal compressor market consists of sales of high-speed gearboxes, intercoolers, aftercoolers, compressor control systems, and impeller assemblies. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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