II. Global Market Dynamics and Localization Strategies
High-End Market Monopoly:
International giants like Atlas Copco and Ingersoll Rand control 50% of the high-end market through patent barriers, restricting breakthroughs by domestic players38.
Localized Differentiation:
Chinese companies (e.g., Kaishan Group, Huade Electromechanical) are breaking monopolies with 3D printing and customized solutions, projected to capture 18% of new installed capacity by 202523.
Mid- to low-end equipment demand in Asia-Pacific (China, India) is rising, with the centrifugal compressor market expected to reach $6 billion by 202534.