An axial compressor is a compressor that can continuously pressurize gases. It is a rotating, airfoil-based compressor in which the gas or working fluid principally flows parallel to the axis of rotation, or axially. This differs from other rotating compressors such as centrifugal compressors, axi-centrifugal compressors and mixed-flow compressors where the fluid flow will include a \"radial component\" through the compressor. The energy level of the fluid increases as it flows through the compressor due to the action of the rotor blades which exert a torque on the fluid.
The stationary blades slow the fluid, converting the circumferential component of flow into pressure. Compressors are typically driven by an electric motor or a steam or a gas turbine.
The Global Axial Compressor Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Axial Compressor Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
Dresser-Rand
MAN Turbomachinery
Ingersoll Rand PLC
Wartsila
Howden Compressors Ltd
V-Flow
GE Aviation
Mitsubishi Hitachi Power Systems

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Vertical Axial Compressor
Horizontal Axial Compressor

In Market segmentation by applications :
Oil Industry
Chemical Industry
Water Conservancy
Ship Industry
Power Generation
Other

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Axial Compressor Market for the forecast period 2023-2030?
• What are the driving forces in the Axial Compressor Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Axial Compressor industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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