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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Screw Compressor Market Outlook

The global screw compressor market attained a value of about USD 12.26 billion in 2023. The market is further expected to grow at a CAGR of 6.3% during the forecast period of 2024-2032 to reach nearly USD 21.21 billion by 2032.          

Global Screw Compressor Market

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Rising Demand for Screw Compressors for Energy-Efficiency to Augment the Market Growth

The global market for screw compressor is being driven by rapid industrialisation around the world. The screw compressor technology is being widely used in significant industry verticals, including automotive, chemical, pharmaceutical, and manufacturing, among others. In the chemical industry, screw compressors are used to produce compressed air with enhanced efficiency. Screw compressors are popularly used for transferring gas, flaring elimination, and are designed to work under extreme weather conditions, which is contributing to the market growth.

In addition to this, screw compressors are highly efficient in terms of energy consumption and are designed to offer zero loss of capacity over time, thereby augmenting the market growth. Furthermore, with the rising global demand for natural gas owing to the rising adoption of sustainable living, the market growth is further bolstering. Moreover, investments into research and development (R&D) aided by the government of various countries to develop energy-efficient methods of production is catalysing the market growth of the industry.

Screw Compressor: Market Segmentation

A screw compressor is a mechanical device that compresses air, liquids, and gases using a screw-type motion. It consists of two helical rotors that are used in compressing external air to an established pressure and ensuring clean, dry, and compressed air.

Global Screw Compressor Market by Segment

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On the basis of technology, the market can be segmented into:

  • Oil-injected 
  • Oil-free

The market, on the basis of stage, can be categorised into:

  • Single-Stage 
  • Multi-Stage

Based on end use, the market can be divided into:

  • Manufacturing 
  • Oil and Gas 
  • Mining 
  • Construction 
  • Others

The EMR report looks into the regional markets of screw compressor like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

Global Screw Compressor Market by Region

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The Asia Pacific is Expected to Significantly Contribute to the Market Growth of Screw Compressor

The global market for screw compressor is anticipated to be augmented by the rising demand for screw compressors from the Asia Pacific region. As a result of robust industrialisation and urbanisation in major countries of the region including India and China, along with the flourishing industrial sector, the market demand for screw compressors is expected to have a positive influence on the market growth in the coming years. Measures taken by the Chinese government to increase the quantity of nitrogen used in oil recovery activities is expected to increase the market demand for energy efficient technology hence augmenting the overall market for screw compressors. In addition, as a result of rising pollution levels in the region, the market for screw compressors further holds growth prospects.  Moreover, screw compressors are extensively used in the automotive sector for air tools, plasma cutting, plasma welding, production finishing, and aeration The strong penetration of the automotive industry in the Asia pacific region is thus expected to fuel the market growth in the coming years.

Key Industry Players in the Global Screw Compressor Market

The report presents a detailed analysis of the following key players in the global screw compressor market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions.

  • Aerzener Maschinenfabrik GmbH
  • Atlas Copco AB
  • Bauer Comp Holding GmbH
  • Emerson Electric Co.
  • Kobe Steel Ltd.
  • Others

The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Technology
  • Stage
  • End Use
  • Region
Breakup by Technology
  • Oil-injected
  • Oil-free
Breakup by Stage
  • Single-Stage
  • Multi-Stage
Breakup by End Use
  • Manufacturing
  • Oil and Gas
  • Mining
  • Construction
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Aerzener Maschinenfabrik GmbH
  • Atlas Copco AB
  • Bauer Comp Holding GmbH
  • Emerson Electric Co.
  • Kobe Steel Ltd.
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global screw compressor market attained a value of nearly USD 12.26 billion in 2023.

The market is projected to grow at a CAGR of 6.3% in the forecast period of 2024-2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 21.21 billion by 2032.          

The major market drivers include the widespread applicability of screw compressors across various industry verticals, and rising investments into research and development (R&D) for the production of environmentally friendly technology.

The key trends aiding the market demand are the increasing demand for natural gas in emerging economies and the subsequent demand for energy efficient technology.

The major regional markets for screw compressor are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

The different technologies considered in the market report are oil-injected and oil-free.

The various segments based on stages of screw compressor considered in the market report are single-stage and multi-stage.

The major end uses of screw compressors are manufacturing, oil and gas, mining, and construction, among others.

The major players in the market are Aerzener Maschinenfabrik GmbH, Atlas Copco AB, Bauer Comp Holding GmbH, Emerson Electric Co., and Kobe Steel Ltd., among others.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124