Hydrogen Centrifugal Compressors Market Size, Trends [2031]

Hydrogen Centrifugal Compressors Market Size, Trends [2031]

Segments - Hydrogen Centrifugal Compressors Market by Compressor Split Type (Horizontally Split (H-type), Vertically Split (V-type)), Compress Level (Single Stage, Multi-stage, (Single-shaft Multi-stage (In-Line), Multi-shaft Multi-stage (Integrally Geared))), Flow Rate (Upto 1000 Am3 / h, 1000 - 10000 Am3 / h, More Than 10000 Am3 / h), Discharge Pressure (Less Than 10 barA, 10 - 100 barA, More Than 100 barA), By Motor Power (Upto 1000 kW, 1000 - 5000 kW, 5000 - 10000 kW, More Than 10000 kW), End-use Application (Power Generation, Chemicals & Petrochemical (Oil Refineries, Ammonia & Byproduct Synthesis, Methanol Synthesis, Synthetic Fuels), Steel Making, Hydrogen Refueling Station(HRS)), and Region (Americas, Europe, Asia Pacific, And the Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends and, Forecast 2023 – 2031

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Report Description


Market Outlook:

The Global Hydrogen Centrifugal Compressors Market was valued at USD 645.89 Million in 2022 and is projected to reach USD 1,509.44 Million by 2031, expanding at a CAGR of 10.3% during the forecast period. Hydrogen is an important gas in various industries, such as energy, transportation, and manufacturing. It is considered eco-friendly and can be derived from renewable sources like wind, solar, and hydroelectric energy. Due to its low density, hydrogen needs compression for efficient transportation and storage. This is where hydrogen centrifugal compressors come in handy.

Hydrogen centrifugal compressors are mechanical devices that can increase the pressure of hydrogen gas. They work on the principle of centrifugal force generated by high-speed impellers. These impellers are attached to a shaft and driven by an electric motor. The gas enters the compressor through an inlet and then accelerates through the impellers, which increases its velocity. As the gas moves through the compressor, its velocity is converted into pressure, resulting in compressed hydrogen gas at the outlet.

Hydrogen Centrifugal Compressors Market Outlook

The impeller is the main part of a centrifugal compressor. When the impeller rotates at high speeds, it creates a fast-moving stream of hydrogen gas. This kinetic energy is then converted into pressure by a diffuser. The diffuser slows down the gas, turning its kinetic energy into potential energy (pressure). The compressed hydrogen gas leaves the compressor at a higher pressure than the inlet.

Hydrogen centrifugal compressors have a compact and lightweight design because of their high-speed impellers. They are designed to work at high temperatures and pressures and are typically made of high-strength materials that are resistant to hydrogen embrittlement and corrosion. These compressors are used in various industrial applications such as power generation, chemical processing, and fuel cell vehicles. They are crucial components in many hydrogen-based systems, and their reliable operation is vital for the safe and efficient functioning of such systems with minimal maintenance requirements.

Market Dynamics

Driver: Advancements in Compression Technology for Hydrogen Production

Compressors are crucial in the hydrogen gas storage, transportation, or distribution system. Centrifugal compressor technology and materials have created new opportunities for hydrogen transportation. Conventional compressors are limited due to the low molecular weight of hydrogen. Siemens Energy has developed a counter-rotating axial compressor design that significantly enhances each stage's ability to perform work on the fluid being compressed. These technological advancements provide growth opportunities for the market.

Driver: Rising Demand for Hydrogen from Various End-use Industries

Hydrogen compressors are crucial components as the global shift toward clean energy sources gains momentum. They facilitate hydrogen utilization in various industries, playing a pivotal role in the hydrogen economy. The demand for hydrogen has tripled since 1975, finding applications across industries. By 2050, global hydrogen demand is expected to constitute 73% to 100% of the total demand, growing to 500–680 million metric tons.

Restraint: Availability of Alternative Compression Technology

Two common compression technologies used in transmission pipelines are centrifugal and reciprocating compressors. Centrifugal compressors are preferred for high flow rates, medium pressure ratios, and limited flow variation. Reciprocating compressors are used for low flow rates, high pressure ratios, and variable pipeline conditions. Reciprocating compressors are a proven solution for compressing hydrogen and are commonly used in refineries for their flexibility in handling gases with different molecular weights. However, they pose a significant threat to the growth of the hydrogen centrifugal compressor market.

Opportunity: Increasing Focus on Promoting Hydrogen Economy Development

Several countries are focusing on developing hydrogen technologies, creating growth opportunities for the hydrogen centrifugal compressors market. China, Europe, India, Japan, South Korea, and the US are implementing policies to facilitate the proliferation of clean hydrogen value chains. The World Bank is supporting governments in identifying investment opportunities to scale up green hydrogen for a low-carbon economy. These initiatives hold potential for centrifugal compressors as an essential technology for hydrogen production.

Scope of the Report

The report on the Global Hydrogen Centrifugal Compressors Market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Hydrogen Centrifugal Compressors Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Global Hydrogen Centrifugal Compressors Market by Compressor Split Type (Horizontally Split (H-type), Vertically Split (V-type)), by Compress Level (Single Stage, Multi-stage, (Single-shaft Multi-stage (In-Line), Multi-shaft Multi-stage (Integrally Geared))), Flow Rate (Upto 1000 Am3 / h, 1000 - 10000 Am3 / h, More Than 10000 Am3 / h), Discharge Pressure (Less Than 10 barA, 10 - 100 barA, More Than 100 barA), Motor Power (Upto 1000 kW, 1000 - 5000 kW, 5000 - 10000 kW, More Than 10000 kW), End-use Application (Power Generation, Chemicals & Petrochemical (Oil Refineries, Ammonia & Byproduct Synthesis, Methanol Synthesis, Synthetic Fuels), Steel Making, Hydrogen Refueling Station(HRS)), and Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa)

Regional Scope

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered

SIEMENS ENERGY, Hitachi Ltd., MITSUBISHI HEAVY INDUSTRIES, LTD., Atlas Copco AB, Johnson Controls, BAKER HUGHES COMPANY, Elliott Group, BORSIG GmbH, Sundyne, and Shanghai Xinran Compressor Company

 

Segmental Outlook

The global Hydrogen Centrifugal Compressors market is segmented based on Compressor Split Type, Compress Level, Flow Rate, Discharge Pressure, Motor Power, End-use Application, and Region.

Based on the Compressor Split Type, the market is bifurcated into Horizontally Split (H-type) and Vertically Split (V-type). The horizontally split (H-type) segment held 56.6% market share in 2022. This type of compressor is an efficient and reliable compressor that is widely used in the hydrogen industry. Its design allows for easy maintenance and repair, while its safety features ensure that it operates safely and reliably at all times, contributing to segment growth.

 

Hydrogen Centrifugal Compressors Market Compressor Split Type

Based on the Compress Level, the market is categorized as Single Stage and Multi-stage. The multi-stage segment is further divided into single-shaft multi-stage (in-line) and multi-shaft multi-stage (integrally geared).

The multi-stage segment is expected to hold XX.X% market share in 2031. The following trends highlight the unique advantages of multi-stage hydrogen centrifugal compressors, including improved efficiency, precision control, predictive maintenance capabilities, and increased reliability and durability. Additionally, the wide range of applications and industries that require these compressors makes them a key component in the growing demand for hydrogen as a clean energy source and industrial feedstock.

Hydrogen Centrifugal Compressors Market Compressor Level

In terms of Flow Rate, the global Hydrogen Centrifugal Compressors market is segmented into Upto 1000 Am3 / h, 1000 - 10000 Am3 / h, and More Than 10000 Am3 / h.

The more than 10000 Am3/h segment held XX.X% market share in 2022. The high flow rates of these compressors make them suitable for applications that require significant volumes of compressed hydrogen gas, catering to the increasing demand for hydrogen in various industries and energy systems.

Hydrogen Centrifugal Compressors Market Flow Rate

In terms of Discharge Pressure, the market is segmented into Less Than 10 barA, 10 - 100 barA, and more than 100 barA.

In 2022, hydrogen centrifugal compressors that provide discharge pressures higher than 100 barA held a market share of XX.X%. These compressors are known for their compact and lightweight design, which makes them easily portable. They are suitable for laboratory experiments, research facilities, and small-scale hydrogen systems that require low to medium flow rates. The number of hydrogen refueling stations (HRS) has increased significantly since the end of 2021, with a total of 975 stations by June 2022 compared to 700 stations at the end of 2021.

Hydrogen Centrifugal Compressors Market Discharege Pressure

In terms of Motor Power, the market is categorized as Upto 1000 kW, 1000 - 5000 kW, 5000 - 10000 kW, and More Than 10000 kW.

In 2022, the segment requiring compressors with motor power exceeding 10000 kW held XX.X% market share. Two main factors were responsible for this: large-scale industrial applications and hydrogen pipeline transportation. The compressors used in these applications provide high-volume and high-pressure compression, ensuring efficient hydrogen transportation over long distances.

Hydrogen Centrifugal Compressors Market Motor Power

Based on end-use applications, the hydrogen centrifugal compressors market is categorized as power generation, chemicals and petrochemicals, steel making, and hydrogen refueling stations (HRS).

The chemicals & petrochemicals segment is expected to hold XX.X% market share in 2031. This is attributed to centrifugal compressors being the preferred choice for hydrogen compression, thanks to their high efficiency and reliability. These compressors are capable of handling large volumes of gas and achieving high compression ratios, making them ideal for the demanding needs of the chemicals and petrochemicals industry. The use of hydrogen centrifugal compressors in this industry is driven by the need to safely and efficiently handle and utilize hydrogen gas in various chemical processes. The technical design and features of these compressors are aimed at ensuring efficient, safe, and reliable compression of hydrogen gas in the chemical and petrochemical industry. They play a crucial role in the production and utilization of hydrogen in various chemical processes, contributing to the overall efficiency and productivity of the industry.

Hydrogen Centrifugal Compressors Market End-use Applications

Regional Outlook

On the basis of region, the Hydrogen Centrifugal Compressors market is divided into Noth America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

The European steel-making industry is projected to expand at a Compound Annual Growth Rate (CAGR) of XX.X% during the forecast period. Hydrogen centrifugal compressors are increasingly being adopted in this industry, as hydrogen is a crucial component in the reduction process for steel manufacturing. It replaces carbon-based reducing agents that are responsible for high carbon emissions, making it a more sustainable option. These compressors play a critical role in ensuring the safe and efficient transportation of hydrogen within steel manufacturing plants, for various applications. As a result, hydrogen-based technologies are emerging as a sustainable energy source that meets the growing demands of the steel-making industry in Europe.

Similarly, the market in the Asia Pacific region is also projected to expand at a CAGR of XX.X% during the forecast period. Hydrogen centrifugal compressors are gaining popularity for ammonia production in the region. Ammonia plays a vital role in decarbonization and is a versatile carrier of clean hydrogen. Green and blue ammonia contribute to emissions reduction. By efficiently compressing hydrogen and handling ammonia synthesis, centrifugal compressors lead to cost savings in ammonia plants.

Hydrogen Centrifugal Compressors Market Regions

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Hydrogen Centrifugal Compressors Market

  • Historical, Current, and Projected Market Size in terms of Value

  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered

  • Industry Drivers, Restraints, and Opportunities Covered in the Study

  • Recent Industry Trends and Developments

  • Competitive Landscape & Strategies of Key Players

  • Neutral Perspective on Global Hydrogen Centrifugal Compressors Market Performance

Segments

By Compressor Split Type

  • Horizontally Split (H-type)
  • Vertically Split (V-type)

By Compress Level

  • Single Stage
  • Multi-stage
    • Single-shaft Multi-stage (In-Line)
    • Multi-shaft Multi-stage (Integrally

By Flow Rate

  • Upto 1000 Am3 / h
  • 1000 - 10000 Am3 / h
  • More Than 10000 Am3 / h

By Discharge Pressure

  • Less Than 10 barA
  • 10 - 100 barA
  • More Than 100 barA

By Motor Power

  • Upto 1000 kW
  • 1000 - 5000 kW
  • 5000 - 10000 kW
  • More Than 10000 kW

By End-use Application

  • Power Generation
  • Chemicals & Petrochemical
    • Oil Refineries
    • Ammonia & Byproduct Synthesis
    • Methanol Synthesis
    • Synthetic Fuels
  • Steel Making
  • Hydrogen Fueling Station

Key Market Players Profiled in the Report

  • SIEMENS ENERGY
  • Hitachi Ltd.
  • MITSUBISHI HEAVY INDUSTRIES, LTD.
  • Atlas Copco AB
  • Johnson Controls
  • BAKER HUGHES COMPANY
  • Elliott Group
  • BORSIG GmbH
  • Sundyne
  • Shanghai Xinran Compressor Company

Competitive Landscape

  • Key players operating in the market are SIEMENS ENERGY, Hitachi Ltd., MITSUBISHI HEAVY INDUSTRIES, LTD., Atlas Copco AB, Johnson Controls, BAKER HUGHES COMPANY, Elliott Group, BORSIG GmbH, Sundyne, and Shanghai Xinran Compressor Company.

  • Players are adopting key strategies such as acquisitions, collaborations, and geographical expansion for potential opportunities in the Hydrogen Centrifugal Compressors market.

    Hydrogen Centrifugal Compressors Market Key Players

Frequently Asked Questions

The base year considered for the global Hydrogen Centrifugal Compressors market report is 2022. The complete analysis period is 2016 to 2031, wherein, 2016 to 2021 are the historic years, and the forecast is provided from 2023 to 2031.

SIEMENS ENERGY, Hitachi Ltd., MITSUBISHI HEAVY INDUSTRIES, LTD., Atlas Copco AB, Johnson Controls, BAKER HUGHES COMPANY, Elliott Group, BORSIG GmbH, Sundyne, and Shanghai Xinran Compressor Company.

Factors such as Circular Economy, Inflation, Hydrogen Import-Export Partnerships, and Industrial Production are analyzed in the final report.

According to this Growth Market Reports report, the global Hydrogen Centrifugal Compressors market is expected to register a CAGR of 10.3% during the forecast period, 2023-2031, with an anticipated valuation of USD 1,509.44 million by the end of 2031.

The global Hydrogen Centrifugal Compressors market is projected to expand at a rapid pace globally, owing to Rising Demand for Hydrogen from Various End-use Industries, Enforcement of Stringent Greenhouse Gas Emissions Regulations, and Advancements in Compression Technology for Hydrogen Production, and others.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

Additional company profiles are provided on request. For a discussion related to the above findings, click Speak to Analyst

Table Of Content

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydrogen Centrifugal Compressors Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Hydrogen Centrifugal Compressors Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Hydrogen Centrifugal Compressors Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Hydrogen Centrifugal Compressors Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Hydrogen Centrifugal Compressors Market Size & Forecast, 2016-2031
      4.5.1 Hydrogen Centrifugal Compressors Market Size and Y-o-Y Growth
      4.5.2 Hydrogen Centrifugal Compressors Market Absolute $ Opportunity
   4.6 Hydrogen Centrifugal Compressor Market Trends: Current vs Future Trends
   4.7 Strategy & Development of Some of the Major Players in Hydrogen Centrifugal Compressor Market
   4.8 Global Hydrogen Market Overview
   4.9 Identification of Potential End-use Industries
   4.10 Technological Advancement / Innovation Landscape
   4.11 Hydrogen Infrastructure Projects Details
   4.12 Regional Mismatch Between Demand & Supply
   4.13 Hydrogen and Derivatives Demand by Region
Chapter 5 Global Hydrogen Centrifugal Compressors Market Analysis and Forecast By Compressor Split Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Compressor Split Type
      5.1.2 Basis Point Share (BPS) Analysis By Compressor Split Type
      5.1.3 Absolute $ Opportunity Assessment By Compressor Split Type
   5.2 Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Compressor Split Type
      5.2.1 Horizontally Split (H-type)
      5.2.2 Vertically Split (H-type)
   5.3 Market Attractiveness Analysis By Compressor Split Type
Chapter 6 Global Hydrogen Centrifugal Compressors Market Analysis and Forecast By Compress Level
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Compress Level
      6.1.2 Basis Point Share (BPS) Analysis By Compress Level
      6.1.3 Absolute $ Opportunity Assessment By Compress Level
   6.2 Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Compress Level
      6.2.1 Single Stage
      6.2.2 Multi-stage
         6.2.2.1 Single-shaft Multi-stage (In-Line)
         6.2.2.2 Multi-shaft Multi-stage (Integrally Geared)
   6.3 Market Attractiveness Analysis By Compress Level
Chapter 7 Global Hydrogen Centrifugal Compressors Market Analysis and Forecast By Flow Rate
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By Flow Rate
      7.1.2 Basis Point Share (BPS) Analysis By Flow Rate
      7.1.3 Absolute $ Opportunity Assessment By Flow Rate
   7.2 Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Flow Rate
      7.2.1 Upto 1000 Am3 / h
      7.2.2 1000 - 10000 Am3 / h
      7.2.3 More Than 10000 Am3 / h
   7.3 Market Attractiveness Analysis By Flow Rate
Chapter 8 Global Hydrogen Centrifugal Compressors Market Analysis and Forecast By Discharge Pressure
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities By Discharge Pressure
      8.1.2 Basis Point Share (BPS) Analysis By Discharge Pressure
      8.1.3 Absolute $ Opportunity Assessment By Discharge Pressure
   8.2 Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Discharge Pressure
      8.2.1 Less Than 10 barA
      8.2.2 10 - 100 barA
      8.2.3 More Than 100 barA
   8.3 Market Attractiveness Analysis By Discharge Pressure
Chapter 9 Global Hydrogen Centrifugal Compressors Market Analysis and Forecast By Motor Power
   9.1 Introduction
      9.1.1 Key Market Trends & Growth Opportunities By Motor Power
      9.1.2 Basis Point Share (BPS) Analysis By Motor Power
      9.1.3 Absolute $ Opportunity Assessment By Motor Power
   9.2 Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Motor Power
      9.2.1 Upto 1000 kW
      9.2.2 1000 - 5000 kW
      9.2.3 5000 - 10000 kW
      9.2.4 More Than 10000 kW
   9.3 Market Attractiveness Analysis By Motor Power
Chapter 10 Global Hydrogen Centrifugal Compressors Market Analysis and Forecast By End-use Applications
   10.1 Introduction
      10.1.1 Key Market Trends & Growth Opportunities By End-use Applications
      10.1.2 Basis Point Share (BPS) Analysis By End-use Applications
      10.1.3 Absolute $ Opportunity Assessment By End-use Applications
   10.2 Hydrogen Centrifugal Compressors Market Size & Volume Forecast By End-use Applications
      10.2.1 Energy & Power
      10.2.2 Chemicals & Petrochemical
         10.2.2.1 Oil Refineries
         10.2.2.2 Ammonia & Byproduct Synthesis
         10.2.2.3 Methanol Synthesis
         10.2.2.4 Synthetic Fuels
      10.2.3 Steel Making
      10.2.4 Hydrogen Fueling Station
   10.3 Market Attractiveness Analysis By End-use Applications
Chapter 11 Global Hydrogen Centrifugal Compressors Market Analysis and Forecast by Region
   11.1 Introduction
      11.1.1 Key Market Trends & Growth Opportunities by Region
      11.1.2 Basis Point Share (BPS) Analysis by Region
      11.1.3 Absolute $ Opportunity Assessment by Region
   11.2 Hydrogen Centrifugal Compressors Market Size & Volume Forecast by Region
      11.2.1 North America
      11.2.2 Europe
      11.2.3 Asia Pacific
      11.2.4 Latin America
      11.2.5 Middle East & Africa (MEA)
   11.3 Market Attractiveness Analysis by Region
Chapter 12 Coronavirus Disease (COVID-19) Impact
   12.1 Introduction
   12.2 Current & Future Impact Analysis
   12.3 Economic Impact Analysis
   12.4 Government Policies
   12.5 Investment Scenario
Chapter 13 North America Hydrogen Centrifugal Compressors Analysis and Forecast
   13.1 Introduction
   13.2 North America Hydrogen Centrifugal Compressors Market Size & Volume Forecast by Country
      13.2.1 U.S.
      13.2.2 Canada
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 North America Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Compressor Split Type
      13.6.1 Horizontally Split (H-type)
      13.6.2 Vertically Split (H-type)
   13.7 Basis Point Share (BPS) Analysis By Compressor Split Type
   13.8 Absolute $ Opportunity Assessment By Compressor Split Type
   13.9 Market Attractiveness Analysis By Compressor Split Type
   13.10 North America Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Compress Level
      13.10.1 Single Stage
      13.10.2 Multi-stage
         13.10.2.1 Single-shaft Multi-stage (In-Line)
         13.10.2.2 Multi-shaft Multi-stage (Integrally Geared)
   13.11 Basis Point Share (BPS) Analysis By Compress Level
   13.12 Absolute $ Opportunity Assessment By Compress Level
   13.13 Market Attractiveness Analysis By Compress Level
   13.14 North America Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Flow Rate
      13.14.1 Upto 1000 Am3 / h
      13.14.2 1000 - 10000 Am3 / h
      13.14.3 More Than 10000 Am3 / h
   13.15 Basis Point Share (BPS) Analysis By Flow Rate
   13.16 Absolute $ Opportunity Assessment By Flow Rate
   13.17 Market Attractiveness Analysis By Flow Rate
   13.18 North America Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Discharge Pressure
      13.18.1 Less Than 10 barA
      13.18.2 10 - 100 barA
      13.18.3 More Than 100 barA
   13.19 Basis Point Share (BPS) Analysis By Discharge Pressure
   13.20 Absolute $ Opportunity Assessment By Discharge Pressure
   13.21 Market Attractiveness Analysis By Discharge Pressure
   13.22 North America Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Motor Power
      13.22.1 Upto 1000 kW
      13.22.2 1000 - 5000 kW
      13.22.3 5000 - 10000 kW
      13.22.4 More Than 10000 kW
   13.23 Basis Point Share (BPS) Analysis By Motor Power
   13.24 Absolute $ Opportunity Assessment By Motor Power
   13.25 Market Attractiveness Analysis By Motor Power
   13.26 North America Hydrogen Centrifugal Compressors Market Size & Volume Forecast By End-use Applications
      13.26.1 Energy & Power
      13.26.2 Chemicals & Petrochemical
         13.26.2.1 Oil Refineries
         13.26.2.2 Ammonia & Byproduct Synthesis
         13.26.2.3 Methanol Synthesis
         13.26.2.4 Synthetic Fuels
      13.26.3 Steel Making
      13.26.4 Hydrogen Fueling Station
   13.27 Basis Point Share (BPS) Analysis By End-use Applications
   13.28 Absolute $ Opportunity Assessment By End-use Applications
   13.29 Market Attractiveness Analysis By End-use Applications
Chapter 14 Europe Hydrogen Centrifugal Compressors Analysis and Forecast
   14.1 Introduction
   14.2 Europe Hydrogen Centrifugal Compressors Market Size & Volume Forecast by Country
      14.2.1 Germany
      14.2.2 France
      14.2.3 Italy
      14.2.4 U.K.
      14.2.5 Spain
      14.2.6 Russia
      14.2.7 Rest of Europe
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Europe Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Compressor Split Type
      14.6.1 Horizontally Split (H-type)
      14.6.2 Vertically Split (H-type)
   14.7 Basis Point Share (BPS) Analysis By Compressor Split Type
   14.8 Absolute $ Opportunity Assessment By Compressor Split Type
   14.9 Market Attractiveness Analysis By Compressor Split Type
   14.10 Europe Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Compress Level
      14.10.1 Single Stage
      14.10.2 Multi-stage
         14.10.2.1 Single-shaft Multi-stage (In-Line)
         14.10.2.2 Multi-shaft Multi-stage (Integrally Geared)
   14.11 Basis Point Share (BPS) Analysis By Compress Level
   14.12 Absolute $ Opportunity Assessment By Compress Level
   14.13 Market Attractiveness Analysis By Compress Level
   14.14 Europe Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Flow Rate
      14.14.1 Upto 1000 Am3 / h
      14.14.2 1000 - 10000 Am3 / h
      14.14.3 More Than 10000 Am3 / h
   14.15 Basis Point Share (BPS) Analysis By Flow Rate
   14.16 Absolute $ Opportunity Assessment By Flow Rate
   14.17 Market Attractiveness Analysis By Flow Rate
   14.18 Europe Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Discharge Pressure
      14.18.1 Less Than 10 barA
      14.18.2 10 - 100 barA
      14.18.3 More Than 100 barA
   14.19 Basis Point Share (BPS) Analysis By Discharge Pressure
   14.20 Absolute $ Opportunity Assessment By Discharge Pressure
   14.21 Market Attractiveness Analysis By Discharge Pressure
   14.22 Europe Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Motor Power
      14.22.1 Upto 1000 kW
      14.22.2 1000 - 5000 kW
      14.22.3 5000 - 10000 kW
      14.22.4 More Than 10000 kW
   14.23 Basis Point Share (BPS) Analysis By Motor Power
   14.24 Absolute $ Opportunity Assessment By Motor Power
   14.25 Market Attractiveness Analysis By Motor Power
   14.26 Europe Hydrogen Centrifugal Compressors Market Size & Volume Forecast By End-use Applications
      14.26.1 Energy & Power
      14.26.2 Chemicals & Petrochemical
         14.26.2.1 Oil Refineries
         14.26.2.2 Ammonia & Byproduct Synthesis
         14.26.2.3 Methanol Synthesis
         14.26.2.4 Synthetic Fuels
      14.26.3 Steel Making
      14.26.4 Hydrogen Fueling Station
   14.27 Basis Point Share (BPS) Analysis By End-use Applications
   14.28 Absolute $ Opportunity Assessment By End-use Applications
   14.29 Market Attractiveness Analysis By End-use Applications
Chapter 15 Asia Pacific Hydrogen Centrifugal Compressors Analysis and Forecast
   15.1 Introduction
   15.2 Asia Pacific Hydrogen Centrifugal Compressors Market Size & Volume Forecast by Country
      15.2.1 China
      15.2.2 Japan
      15.2.3 South Korea
      15.2.4 India
      15.2.5 Australia
      15.2.6 South East Asia (SEA)
      15.2.7 Rest of Asia Pacific (APAC)
   15.3 Basis Point Share (BPS) Analysis by Country
   15.4 Absolute $ Opportunity Assessment by Country
   15.5 Market Attractiveness Analysis by Country
   15.6 Asia Pacific Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Compressor Split Type
      15.6.1 Horizontally Split (H-type)
      15.6.2 Vertically Split (H-type)
   15.7 Basis Point Share (BPS) Analysis By Compressor Split Type
   15.8 Absolute $ Opportunity Assessment By Compressor Split Type
   15.9 Market Attractiveness Analysis By Compressor Split Type
   15.10 Asia Pacific Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Compress Level
      15.10.1 Single Stage
      15.10.2 Multi-stage
         15.10.2.1 Single-shaft Multi-stage (In-Line)
         15.10.2.2 Multi-shaft Multi-stage (Integrally Geared)
   15.11 Basis Point Share (BPS) Analysis By Compress Level
   15.12 Absolute $ Opportunity Assessment By Compress Level
   15.13 Market Attractiveness Analysis By Compress Level
   15.14 Asia Pacific Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Flow Rate
      15.14.1 Upto 1000 Am3 / h
      15.14.2 1000 - 10000 Am3 / h
      15.14.3 More Than 10000 Am3 / h
   15.15 Basis Point Share (BPS) Analysis By Flow Rate
   15.16 Absolute $ Opportunity Assessment By Flow Rate
   15.17 Market Attractiveness Analysis By Flow Rate
   15.18 Asia Pacific Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Discharge Pressure
      15.18.1 Less Than 10 barA
      15.18.2 10 - 100 barA
      15.18.3 More Than 100 barA
   15.19 Basis Point Share (BPS) Analysis By Discharge Pressure
   15.20 Absolute $ Opportunity Assessment By Discharge Pressure
   15.21 Market Attractiveness Analysis By Discharge Pressure
   15.22 Asia Pacific Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Motor Power
      15.22.1 Upto 1000 kW
      15.22.2 1000 - 5000 kW
      15.22.3 5000 - 10000 kW
      15.22.4 More Than 10000 kW
   15.23 Basis Point Share (BPS) Analysis By Motor Power
   15.24 Absolute $ Opportunity Assessment By Motor Power
   15.25 Market Attractiveness Analysis By Motor Power
   15.26 Asia Pacific Hydrogen Centrifugal Compressors Market Size & Volume Forecast By End-use Applications
      15.26.1 Energy & Power
      15.26.2 Chemicals & Petrochemical
         15.26.2.1 Oil Refineries
         15.26.2.2 Ammonia & Byproduct Synthesis
         15.26.2.3 Methanol Synthesis
         15.26.2.4 Synthetic Fuels
      15.26.3 Steel Making
      15.26.4 Hydrogen Fueling Station
   15.27 Basis Point Share (BPS) Analysis By End-use Applications
   15.28 Absolute $ Opportunity Assessment By End-use Applications
   15.29 Market Attractiveness Analysis By End-use Applications
Chapter 16 Latin America Hydrogen Centrifugal Compressors Analysis and Forecast
   16.1 Introduction
   16.2 Latin America Hydrogen Centrifugal Compressors Market Size & Volume Forecast by Country
      16.2.1 Brazil
      16.2.2 Mexico
      16.2.3 Rest of Latin America (LATAM)
   16.3 Basis Point Share (BPS) Analysis by Country
   16.4 Absolute $ Opportunity Assessment by Country
   16.5 Market Attractiveness Analysis by Country
   16.6 Latin America Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Compressor Split Type
      16.6.1 Horizontally Split (H-type)
      16.6.2 Vertically Split (H-type)
   16.7 Basis Point Share (BPS) Analysis By Compressor Split Type
   16.8 Absolute $ Opportunity Assessment By Compressor Split Type
   16.9 Market Attractiveness Analysis By Compressor Split Type
   16.10 Latin America Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Compress Level
      16.10.1 Single Stage
      16.10.2 Multi-stage
         16.10.2.1 Single-shaft Multi-stage (In-Line)
         16.10.2.2 Multi-shaft Multi-stage (Integrally Geared)
   16.11 Basis Point Share (BPS) Analysis By Compress Level
   16.12 Absolute $ Opportunity Assessment By Compress Level
   16.13 Market Attractiveness Analysis By Compress Level
   16.14 Latin America Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Flow Rate
      16.14.1 Upto 1000 Am3 / h
      16.14.2 1000 - 10000 Am3 / h
      16.14.3 More Than 10000 Am3 / h
   16.15 Basis Point Share (BPS) Analysis By Flow Rate
   16.16 Absolute $ Opportunity Assessment By Flow Rate
   16.17 Market Attractiveness Analysis By Flow Rate
   16.18 Latin America Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Discharge Pressure
      16.18.1 Less Than 10 barA
      16.18.2 10 - 100 barA
      16.18.3 More Than 100 barA
   16.19 Basis Point Share (BPS) Analysis By Discharge Pressure
   16.20 Absolute $ Opportunity Assessment By Discharge Pressure
   16.21 Market Attractiveness Analysis By Discharge Pressure
   16.22 Latin America Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Motor Power
      16.22.1 Upto 1000 kW
      16.22.2 1000 - 5000 kW
      16.22.3 5000 - 10000 kW
      16.22.4 More Than 10000 kW
   16.23 Basis Point Share (BPS) Analysis By Motor Power
   16.24 Absolute $ Opportunity Assessment By Motor Power
   16.25 Market Attractiveness Analysis By Motor Power
   16.26 Latin America Hydrogen Centrifugal Compressors Market Size & Volume Forecast By End-use Applications
      16.26.1 Energy & Power
      16.26.2 Chemicals & Petrochemical
         16.26.2.1 Oil Refineries
         16.26.2.2 Ammonia & Byproduct Synthesis
         16.26.2.3 Methanol Synthesis
         16.26.2.4 Synthetic Fuels
      16.26.3 Steel Making
      16.26.4 Hydrogen Fueling Station
   16.27 Basis Point Share (BPS) Analysis By End-use Applications
   16.28 Absolute $ Opportunity Assessment By End-use Applications
   16.29 Market Attractiveness Analysis By End-use Applications
Chapter 17 Middle East & Africa (MEA) Hydrogen Centrifugal Compressors Analysis and Forecast
   17.1 Introduction
   17.2 Middle East & Africa (MEA) Hydrogen Centrifugal Compressors Market Size & Volume Forecast by Country
      17.2.1 Saudi Arabia
      17.2.2 South Africa
      17.2.3 UAE
      17.2.4 Rest of Middle East & Africa (MEA)
   17.3 Basis Point Share (BPS) Analysis by Country
   17.4 Absolute $ Opportunity Assessment by Country
   17.5 Market Attractiveness Analysis by Country
   17.6 Middle East & Africa (MEA) Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Compressor Split Type
      17.6.1 Horizontally Split (H-type)
      17.6.2 Vertically Split (H-type)
   17.7 Basis Point Share (BPS) Analysis By Compressor Split Type
   17.8 Absolute $ Opportunity Assessment By Compressor Split Type
   17.9 Market Attractiveness Analysis By Compressor Split Type
   17.10 Middle East & Africa (MEA) Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Compress Level
      17.10.1 Single Stage
      17.10.2 Multi-stage
         17.10.2.1 Single-shaft Multi-stage (In-Line)
         17.10.2.2 Multi-shaft Multi-stage (Integrally Geared)
   17.11 Basis Point Share (BPS) Analysis By Compress Level
   17.12 Absolute $ Opportunity Assessment By Compress Level
   17.13 Market Attractiveness Analysis By Compress Level
   17.14 Middle East & Africa (MEA) Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Flow Rate
      17.14.1 Upto 1000 Am3 / h
      17.14.2 1000 - 10000 Am3 / h
      17.14.3 More Than 10000 Am3 / h
   17.15 Basis Point Share (BPS) Analysis By Flow Rate
   17.16 Absolute $ Opportunity Assessment By Flow Rate
   17.17 Market Attractiveness Analysis By Flow Rate
   17.18 Middle East & Africa (MEA) Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Discharge Pressure
      17.18.1 Less Than 10 barA
      17.18.2 10 - 100 barA
      17.18.3 More Than 100 barA
   17.19 Basis Point Share (BPS) Analysis By Discharge Pressure
   17.20 Absolute $ Opportunity Assessment By Discharge Pressure
   17.21 Market Attractiveness Analysis By Discharge Pressure
   17.22 Middle East & Africa (MEA) Hydrogen Centrifugal Compressors Market Size & Volume Forecast By Motor Power
      17.22.1 Upto 1000 kW
      17.22.2 1000 - 5000 kW
      17.22.3 5000 - 10000 kW
      17.22.4 More Than 10000 kW
   17.23 Basis Point Share (BPS) Analysis By Motor Power
   17.24 Absolute $ Opportunity Assessment By Motor Power
   17.25 Market Attractiveness Analysis By Motor Power
   17.26 Middle East & Africa (MEA) Hydrogen Centrifugal Compressors Market Size & Volume Forecast By End-use Applications
      17.26.1 Energy & Power
      17.26.2 Chemicals & Petrochemical
         17.26.2.1 Oil Refineries
         17.26.2.2 Ammonia & Byproduct Synthesis
         17.26.2.3 Methanol Synthesis
         17.26.2.4 Synthetic Fuels
      17.26.3 Steel Making
      17.26.4 Hydrogen Fueling Station
   17.27 Basis Point Share (BPS) Analysis By End-use Applications
   17.28 Absolute $ Opportunity Assessment By End-use Applications
   17.29 Market Attractiveness Analysis By End-use Applications
Chapter 18 Competition Landscape
   18.1 Hydrogen Centrifugal Compressors Market: Competitive Dashboard
   18.2 Global Hydrogen Centrifugal Compressors Market: Market Share Analysis, 2023
   18.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      18.3.1 SIEMENS ENERGY
      18.3.2 Hitachi Ltd.
      18.3.3 MITSUBISHI HEAVY INDUSTRIES, LTD.
      18.3.4 Atlas Copco AB
      18.3.5 Johnson Controls
      18.3.6 BAKER HUGHES COMPANY
      18.3.7 Elliott Group
      18.3.8 BORSIG GmbH
      18.3.9 Sundyne
      18.3.10 Shanghai Xinran Compressor Company

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