Global Screw Compressor Market Size study & Forecast, by Type (Oil-injected, Oil-Free), by Stage (Single-Stage, Multi-Stage), by Technology (Stationary, Portable), by End-User (Oil & Gas, Chemicals & Petrochemicals, Food & Beverage, Automotive, Power Plan

Global Screw Compressor Market Size study & Forecast, by Type (Oil-injected, Oil-Free), by Stage (Single-Stage, Multi-Stage), by Technology (Stationary, Portable), by End-User (Oil & Gas, Chemicals & Petrochemicals, Food & Beverage, Automotive, Power Plants, Mining & Metals, Others) and Regional Analysis, 2023-2030

Global Screw Compressor Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% during the forecast period 2023-2030. Screw compressor is a type of positive displacement compressor that uses two intermeshing helical rotors, often referred to as screws, to compress air or gas. As the rotors rotate, they trap and compress the air or gas between them and reducing the volume and increasing the pressure. Screw compressors are widely used in various industrial applications due to their efficiency, reliability, and versatility. The key factors driving the market growth are industrial automation and manufacturing growth, rise in energy consumption, and increasing demand for energy-efficient compressors that are anticipated to support the market growth.

Additionally, the growing energy consumption contributes to the demand for screw compressors. As industries expand and manufacturing processes become more sophisticated, the demand for compressed air in various industrial applications increases. Screw compressors are widely used in industries such as manufacturing, automotive, electronics, and others, where compressed air is a vital utility for powering tools, machinery, and automation systems. According to Statista, in 2020, the primary energy consumption worldwide was 566.49 exajoules and in 2022 the energy consumption reached 604.04 exajoules. As a result, the growing energy consumption is anticipated to support the market growth. Moreover, increasing demand for the environment–friendly screw compressors, and industrialization in emerging economies increase demand for screw compressors which are anticipated to create lucrative opportunities for the market during the forecast period 2023-2030. However, the high installation cost and new technology stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Screw Compressor Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the growing emphasis on energy efficiency and sustainability, the rising oil and gas industry, and the growing focus on oil-free compressors. Whereas, the Asia Pacific is expected to grow with the highest CAGR over the forecast period, owing to factors such as the growing infrastructure development projects, expansion in oil and gas activities, and growth in chemical and petrochemical industries.

Major market player included in this report are:
Atlas Copco
Hitachi Ltd
Ingersoll Rand
Emerson Electric Co.
Daikin Industries Ltd
Siemens
Kobelco Construction Machinery Co., Ltd.
IHI Rotating Machinery Engineering Co.,Ltd.
Kaeser Compressors, Inc.
Boge Kompressoren

Global Screw Compressor Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered – Type, Stage, Technology, End-User, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
Oil-injected
Oil-Free
By Stage:
Single-Stage
Multi-Stage
By Technology:
Stationary
Portable
By End-User:
Oil & Gas
Chemicals & Petrochemicals
Food & Beverage
Automotive
Power Plants
Mining & Metals
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.