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V. Key Growth Sectors
Centrifugal Compressors: Market size reached **10 billion**‌ in 2024, with ‌**stationary models**‌ (8.5 billion) driven by automotive and aerospace demand2.
Oil-Free Compressors: Valued at $10.8 billion in 2024, rotary centrifugal models lead growth due to cost-reduction demands in manufacturing1.
Note: Data synthesized from global market analysis reports and industry competition trends12.
