Global Axial Flow Compressor Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type ;

Single-stage, and Multi-stage.

By Application ;

Oil & Gas, Chemical, Marine, Power Generation, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn812014790 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Axial Flow Compressor Market (USD Million), 2021 - 2031

In the year 2024, the Global Axial Flow Compressor Market was valued at USD 4287.69 million. The size of this market is expected to increase to USD 6033.20 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

Axial flow compressors play a crucial role in enhancing industrial processes, particularly in sectors such as aerospace, power generation, oil and gas, and manufacturing. These compressors are known for their ability to deliver high airflow rates at relatively low pressures, making them suitable for applications where continuous and uniform air compression is required. Technological advancements in compressor design, such as improved aerodynamics and material innovations, are further boosting the efficiency and performance of axial flow compressors, thereby expanding their adoption across a wide range of industrial applications.

The market is also influenced by factors such as growing industrialization and infrastructure development in emerging economies, which drive the demand for reliable and energy-efficient compression solutions. The increasing focus on sustainability and environmental regulations is prompting industries to invest in eco-friendly compressor technologies. As a result, manufacturers in the axial flow compressor market are innovating to develop compact, lightweight, and high-performance compressors that meet the evolving needs of industries while reducing energy consumption and carbon emissions. With the ongoing advancements and investments in compressor technology, the global axial flow compressor market is expected to witness continued growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, by Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Axial Flow Compressor Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Focus on Clean Energy
        2. Demand from Aerospace and Power Generation
        3. Growing Industrialization
        4. Innovation in Compressor Efficiency
      2. Restraints
        1. Complex Maintenance
        2. Regulatory Challenges
        3. Safety Concerns
      3. Opportunities
        1. Compact Solutions Development
        2. Retrofitting Existing Machinery
        3. Collaboration for Innovation
        4. Integration with Renewable Energy
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Axial Flow Compressor Market, by Type , 2021 - 2031 (USD Million)
      1. Single-stage
      2. Multi-stage
    2. Global Axial Flow Compressor Market, by Application , 2021 - 2031 (USD Million)
      1. Oil & Gas
      2. Chemical
      3. Marine
      4. Power Generation
      5. Others
    3. Global Axial Flow Compressor Market, by Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Elliott Group
      2. General Electric Company
      3. Howden Compressors Ltd
      4. Ingersoll Rand PLC
      5. MAN Turbomachinery
      6. Mitsubishi Hitachi Power Systems
  7. Analyst Views
  8. Future Outlook of the Market