Oil-Free Screw Compressors Market

Oil-Free Screw Compressors Market



Growth Factors of Oil-Free Screw Compressor Market

The oil-free screw compressor market size was valued at USD 2.43 billion in 2022, and the market is now projected to grow from USD 2.54 billion in 2023 to USD 3.57 billion by 2030, exhibiting a CAGR of 5.0% during the forecast period of 2023-2030.

The global market experienced a minor drop during the pandemic. These compressors are some of the significant components of heavy assembly lines in many industrial verticals. Industrial oil-free screw compressors are used in the petrochemical as well as oil & gas segments. However, the market eventually restored after the pandemic due to the growing mandate for contamination-free air for acute atmospheres and to diminish the total cost of ownership.

In the rising compressor industry, it is vital to cope the airflow during the industry. Many performers in the segment provide solutions to the end users to solve complex industrial problems and augment their operations. Furthermore, the energy-efficient oil-free screw compressors are planned with progressive technologies that diminish energy consumption and decrease operative charges. Performers are developing and providing centrally located system solutions that can easily control the complete airflow and monitor almost every piece or point in the compressor systems, which is additionally contributing toward the oil-free screw compressor market growth.

The automobile industry has observed key progresses due to the upsurge in fuel technology that has aided in the development of modern infrastructure for hybrid fuels such as hydrogen. Furthermore, the hydrogen market is progressing very rapidly, and launching a governing framework is now a significance. Moreover, supportive government policies to improve the situation of hydrogen infrastructure are a supporter for embracing compressors in the market.

Comprehensive Analysis of Oil-Free Screw Compressor Market

The market can be segmented in various ways, depending on the focus of analysis such as by type, by industry. Based on type, the market is classified into single stage and multi stage. Based on industry, the market is classified into food & beverage, automotive, semiconductor, pharmaceutical & chemical, metal & mining, oil & gas, and others (agriculture).

Asia Pacific region is dominating the oil-free screw compressor market share due to strong industrial base of the semiconductor industry. Moreover, growing implementation of atomization and automation in manufacturing, semiconductors & electronics, food & drinks, healthcare, applications, energy, oil & gas industries are other substantial factors motivating the development of the regional market.

The key players are enthusiastically contributing in planned events that are targeted at maintaining durable market position and growing market share by merger, partnerships and others. These players include Elgi Equipments Limited (India), Atlas Copco AB (Sweden), Sullair, LLC (Hitachi, Ltd.) (Japan), Ingersoll Rand (U.S.), Kobe Steel Ltd (Japan), Howden Group (Chart Industries) (U.K.), Aerzen (Germany), Kaeser Kompressoren SE (Germany), FS-Curtis (U.S.), Airpack (Netherlands) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.

In April 2023, Aerzen showed its double-stage screw compressors 2C series at the HANOVER FAIR 2023. The compressors are accessible in air-cooled and water-cooled series and are expressly made for volume flows ranging from 166 m³/h to 9,300 m3/h.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 5.0% from 2023 to 2030

Unit Value (USD Billion)

Segmentation By Stage Type

Single Stage

Multi Stage

By Industry

Food & Beverage

Automotive

Semiconductor

Pharmaceutical & Chemical

Metal & Mining

Oil & Gas

Others (Agriculture))

By Region

North America (By Stage Type, By Industry, and By Country)
  • U.S.
  • Canada
  • Mexico
Europe (By Stage Type, By Industry, and By Country)
  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
Asia Pacific (By Stage Type, By Industry, and By Country)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
Middle East & Africa (By Stage Type, By Industry, and By Country)
  • GCC
  • South Africa
  • Rest of Middle East & Africa
South America (By Stage Type, By Industry, and By Country)
  • Brazil
  • Argentina
  • Rest of South America


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1. Introduction
1.1. Definition, By Segment
1.2. Research Methodology/Approach
1.3. Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Supportive Macro and Micro Economic Indicators
3.2. Drivers, Restraints, Opportunities and Trends
3.3. Impact of COVID-19
3.3.1. Short-term Impact
3.3.2. Long-term Impact
4. Competition Landscape
4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. Global Oil-Free Screw Compressor Market Key Players Market Share Insights and Analysis, 2022
5. Global Oil-Free Screw Compressor Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2019-2030
5.1. Key Findings
5.2. By Stage Type (USD)
5.2.1. Single Stage
5.2.2. Multi Stage
5.3. By Industry (USD)
5.3.1. Food & Beverage
5.3.2. Automotive
5.3.3. Semiconductor
5.3.4. Pharmaceutical & Chemical
5.3.5. Metal & Mining
5.3.6. Oil & Gas
5.3.7. Others (Agriculture & Etc.)
5.4. By Region (USD)
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Middle East & Africa
5.4.5. South America
6. North America Oil-Free Screw Compressor Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2019-2030
6.1. Key Findings
6.2. By Stage Type (USD)
6.2.1. Single Stage
6.2.2. Multi Stage
6.3. By Industry (USD)
6.3.1. Food & Beverage
6.3.2. Automotive
6.3.3. Semiconductor
6.3.4. Pharmaceutical & Chemical
6.3.5. Metal & Mining
6.3.6. Oil & Gas
6.3.7. Others (Agriculture & Etc.)
6.4. By Country (USD)
6.4.1. U.S.
6.4.2. Canada
6.4.3. Mexico
7. Europe Oil-Free Screw Compressor Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2019-2030
7.1. Key Findings
7.2. By Stage Type (USD)
7.2.1. Single Stage
7.2.2. Multi Stage
7.3. By Industry (USD)
7.3.1. Food & Beverage
7.3.2. Automotive
7.3.3. Semiconductor
7.3.4. Pharmaceutical & Chemical
7.3.5. Metal & Mining
7.3.6. Oil & Gas
7.3.7. Others (Agriculture & Etc.)
7.4. By Country (USD)
7.4.1. U.K.
7.4.2. Germany
7.4.3. France
7.4.4. Italy
7.4.5. Spain
7.4.6. Rest of Europe
8. Asia Pacific Oil-Free Screw Compressor Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2019-2030
8.1. Key Findings
8.2. By Stage Type (USD)
8.2.1. Single Stage
8.2.2. Multi Stage
8.3. By Industry (USD)
8.3.1. Food & Beverage
8.3.2. Automotive
8.3.3. Semiconductor
8.3.4. Pharmaceutical & Chemical
8.3.5. Metal & Mining
8.3.6. Oil & Gas
8.3.7. Others (Agriculture & Etc.)
8.4. By Country (USD)
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. South Korea
8.4.5. Rest of Asia Pacific
9. Middle East and Africa Oil-Free Screw Compressor Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2019-2030
9.1. Key Findings
9.2. By Stage Type (USD)
9.2.1. Single Stage
9.2.2. Multi Stage
9.3. By Industry (USD)
9.3.1. Food & Beverage
9.3.2. Automotive
9.3.3. Semiconductor
9.3.4. Pharmaceutical & Chemical
9.3.5. Metal & Mining
9.3.6. Oil & Gas
9.3.7. Others (Agriculture & Etc.)
9.4. By Country (USD)
9.4.1. GCC
9.4.2. South Africa
9.4.3. Rest of MEA
10. South America Oil-Free Screw Compressor Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2019-2030
10.1. Key Findings
10.2. By Stage Type (USD)
10.2.1. Single Stage
10.2.2. Multi Stage
10.3. By Industry (USD)
10.3.1. Food & Beverage
10.3.2. Automotive
10.3.3. Semiconductor
10.3.4. Pharmaceutical & Chemical
10.3.5. Metal & Mining
10.3.6. Oil & Gas
10.3.7. Others (Agriculture & Etc.)
10.4. By Country (USD)
10.4.1. Brazil
10.4.2. Argentina
10.4.3. Rest of South America
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
11.1. Arzen
11.1.1. Overview
11.1.1.1. Key Management
11.1.1.2. Headquarters
11.1.1.3. Offerings/Business Segments
11.1.2. Key Details (Key details are consolidated data and not Stage Type/service specific)
11.1.2.1. Employee Size
11.1.2.2. Past and Current Revenue
11.1.2.3. Geographical Share
11.1.2.4. Business Segment Share
11.1.2.5. Recent Developments
11.2. Atlas Copco
11.2.1. Overview
11.2.1.1. Key Management
11.2.1.2. Headquarters
11.2.1.3. Offerings/Business Segments
11.2.2. Key Details (Key details are consolidated data and not Stage Type/service specific)
11.2.2.1. Employee Size
11.2.2.2. Past and Current Revenue
11.2.2.3. Geographical Share
11.2.2.4. Business Segment Share
11.2.2.5. Recent Developments
11.3. ELGI Equipment Limited
11.3.1. Overview
11.3.1.1. Key Management
11.3.1.2. Headquarters
11.3.1.3. Offerings/Business Segments
11.3.2. Key Details (Key details are consolidated data and not Stage Type/service specific)
11.3.2.1. Employee Size
11.3.2.2. Past and Current Revenue
11.3.2.3. Geographical Share
11.3.2.4. Business Segment Share
11.3.2.5. Recent Developments
11.4. Hitachi, Ltd.
11.4.1. Overview
11.4.1.1. Key Management
11.4.1.2. Headquarters
11.4.1.3. Offerings/Business Segments
11.4.2. Key Details (Key details are consolidated data and not Stage Type/service specific)
11.4.2.1. Employee Size
11.4.2.2. Past and Current Revenue
11.4.2.3. Geographical Share
11.4.2.4. Business Segment Share
11.4.2.5. Recent Developments
11.5. Howden Group
11.5.1. Overview
11.5.1.1. Key Management
11.5.1.2. Headquarters
11.5.1.3. Offerings/Business Segments
11.5.2. Key Details (Key details are consolidated data and not Stage Type/service specific)
11.5.2.1. Employee Size
11.5.2.2. Past and Current Revenue
11.5.2.3. Geographical Share
11.5.2.4. Business Segment Share
11.5.2.5. Recent Developments
11.6. Ingersoll- Rand Plc
11.6.1. Overview
11.6.1.1. Key Management
11.6.1.2. Headquarters
11.6.1.3. Offerings/Business Segments
11.6.2. Key Details (Key details are consolidated data and not Stage Type/service specific)
11.6.2.1. Employee Size
11.6.2.2. Past and Current Revenue
11.6.2.3. Geographical Share
11.6.2.4. Business Segment Share
11.6.2.5. Recent Developments
11.7. Kobe Steel Ltd.
11.7.1. Overview
11.7.1.1. Key Management
11.7.1.2. Headquarters
11.7.1.3. Offerings/Business Segments
11.7.2. Key Details (Key details are consolidated data and not Stage Type/service specific)
11.7.2.1. Employee Size
11.7.2.2. Past and Current Revenue
11.7.2.3. Geographical Share
11.7.2.4. Business Segment Share
11.7.2.5. Recent Developments
11.8. Comp Air
11.8.1. Overview
11.8.1.1. Key Management
11.8.1.2. Headquarters
11.8.1.3. Offerings/Business Segments
11.8.2. Key Details (Key details are consolidated data and not Stage Type/service specific)
11.8.2.1. Employee Size
11.8.2.2. Past and Current Revenue
11.8.2.3. Geographical Share
11.8.2.4. Business Segment Share
11.8.2.5. Recent Developments
11.9. Quency Compressor
11.9.1. Overview
11.9.1.1. Key Management
11.9.1.2. Headquarters
11.9.1.3. Offerings/Business Segments
11.9.2. Key Details (Key details are consolidated data and not Stage Type/service specific)
11.9.2.1. Employee Size
11.9.2.2. Past and Current Revenue
11.9.2.3. Geographical Share
11.9.2.4. Business Segment Share
11.9.2.5. Recent Developments
11.10. Sollant Compressor
11.10.1. Overview
11.10.1.1. Key Management
11.10.1.2. Headquarters
11.10.1.3. Offerings/Business Segments
11.10.2. Key Details (Key details are consolidated data and not Stage Type/service specific)
11.10.2.1. Employee Size
11.10.2.2. Past and Current Revenue
11.10.2.3. Geographical Share
11.10.2.4. Business Segment Share
11.10.2.5. Recent Developments

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