
Global Screw Compressor Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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Jan 2022
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Global Screw Compressor Market Overview
Screw compressor is a type of compressor which compresses air with a screw action. Screw compressors are mainly used for large industrial applications or to operate high-power air tools where large volumes of high-pressured air is needed. Screw compressor consists of rotating elements, a casing, air filter, rubber seals, suction valve, and delivery valve.
Screw compressors are used in applications with continuous air demand such as automated manufacturing systems and food packaging plants. Also, screw compressors are used as construction compressors to provide compressed air to jackhammers, riveting tools, pneumatic pumps, sandblasting operations, and industrial paint systems.
Screw compressors reduce overall energy costs and the growing demand for energy-efficient compressor technologies is a key factor driving the growth of the global screw compressor market. In addition, low maintenance and operation costs coupled with growing demand for compressors from various end users such as food and beverage, construction, packaging, and manufacturing are other factors expected to fuel the growth of the global market over the forecast period.
However, the presence of low-quality screw compressors in the market and the production of debris due to high-speed operations are major factors restraining the growth of the global screw compressor market. Additionally, the lack of a skilled workforce is another factor expected to hamper global market growth over the forecast period.
The market in the Asia Pacific is expected to account for the highest share in terms of revenue and is expected to maintain its dominance over the forecast period. This dominance can be attributed to the increasing demand of screw compressors from various end users in emerging economies such as China, India, Japan, etc.
The markets in North America and Europe are expected to register significant growth in the target market, owing to the presence of prominent manufacturing facilities in the region. Moreover, the market in Middle East and Africa is projected to register moderate growth over the forecast period, owing to growing mining activities and the increasing number of petrochemical industries in the region.
Global screw compressor market segmentation:
By Type:
- Oil-Free
- Oil-injected
By Stage:
- Single-Stage
- Multi-Stage
By Technology:
- Stationary
- Portable
By End User:
- Food & Beverage
- Oil & Gas
- Chemicals & Petrochemicals
- Automotive
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
- Atlas Copco AB
- Gardner Denver Holdings, Inc.
- Ingersoll-Rand plc
- General Electric Company
- Siemens AG
- Hitachi Ltd.
- Howden Group Ltd.
- BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG
- Kobe Steel, Ltd.
- KAESER KOMPRESSOREN SE
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