Players in the integrally geared centrifugal compressor market are estimated to take advantage of the rising demand for efficient compressors across industry verticals. Players are launching new products which include optimal-cost products to premium product brands.
Some of the major companies identified in the global integrally geared centrifugal compressor market are:
- Atlas Copco Group
- Baker Hughes Company
- HMS Group
- IHI rotating machinery engineering co .ltd
- Ingersoll Rand Inc.
- Kobe Steel Group
- MAN Energy Solutions SE
- Mitsubishi Heavy Industries, Ltd.
- Siemens AG
- Sundyne, LLC
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Integrally geared centrifugal compressor is a multi-shaft compressor in which each stage is a three-dimensional (3D) impeller operated at its optimum speed. Integrally geared centrifugal compressor consists of a gear unit with a central bull gear and different gear pinions, which drive many impeller stages. It is mainly used in industrial gases, CO2, urea, and in the purified terephthalic acid or nitric acid process. In large-scale gas turbines it also works as fuel gas boosters.
An integrally geared centrifugal compressor is very efficient and has many advantages such as advanced high speed 3D impellers, relatively low cost, and higher efficiencies compared to other turbo machinery. It is more efficient compared to other compressors because all stages are intercooled and the speed increasing gear allows all the stages to operate at a higher speed.
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Key Drivers and Restraints of the Integrally Geared Centrifugal Compressor Market
- High speed impellers and intercooling technology at each stage increases the efficiency which in turn helps end-users to reduce their cost. Further, its high speed and ability to get the work done on or before time has been a key factor driving the integrally geared centrifugal compressor market globally. Along with this, it also reduces the number of stages required to complete the procedure and still provides higher quality and efficiency. In today’s market, several modern designs are available as per each industry requirement. Moreover, the integrally geared centrifugal compressor allows rotor removal without disconnecting process piping. These design, operation, and reliability factors are likely to attract new businesses and will help to expand the overall integrally geared centrifugal compressor market in the coming years.
- Few disadvantages, for instance, less flexibility than other compressors and cavitation problem is projected to hinder the integrally geared centrifugal compressor market in the future.
Integrally Geared Centrifugal Compressor Market: Key Trends
- Demand for integrally geared centrifugal compressors is rapidly increasing in the oil and gas market and to cater to this demand, manufacturers such as Lone Star launched a centrifugal compressor product line specifically for gas services. Product range includes nine standard models from 200 hp to 13,000 hp and up to 1,100 PSIG with ability to offer standards to API617, API672, API614, or custom engineered solutions.
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Asia Pacific Dominates the Integrally Geared Centrifugal compressor Market
- By region, the global integrally geared centrifugal compressor market is classified into North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
- Country-level bifurcation of the North America market includes the forecast and analysis for the U.S., Canada, and Rest of North America. Country-level analysis and forecast of the Europe market covers the integrally geared centrifugal compressor market in the U.K., Germany, France, and Rest of Europe. Country-level analysis and forecast of the Asia Pacific market includes major countries in the region such as India, China, Japan, and Rest of Asia Pacific. Middle East & Africa country-level analysis and forecast include GCC countries, South Africa, and Rest of Middle East & Africa. The South America integrally geared centrifugal compressor market is categorized into Brazil, and Rest of South America.
- Asia Pacific and the Middle East dominate the market for integrally geared centrifugal compressor products owing to extensive presence of oil, gas, and chemical industries. Amongst Asian countries, China, and in Middle Eastern countries, Saudi Arabia and Kuwait have significant potential due to high production value of oil and petroleum.
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