Global Screw Compressor Market

Screw Compressor Market Size, Share, Growth Analysis, By Types(Oil-free and Oil-injected), By Number of Stages(Single-stage and Multi-stage Compressor), By Technology(Stationary and Portable), By Applications(Rotary/Screw Compressor, Reciprocating Air Compressors) - Industry Forecast 2024-2031

Report ID: SQMIG15F2164 | Region: Global | Published Date: March, 2024
Pages: 184 | Tables: 110 | Figures: 73

Screw Compressor Market News

  • July 2023: Acme Intralog will offer oil-injected screw compressors and oil-free air-piston compressors in the Middle East under an agreement with Rainer Kompresoren of Germany Designed for complex industrial applications, compressed air stations run efficiently and economically if the entire system is connected to Rainer's intelligent management strategy Acme's regional network of qualified professionals can help customers who choose Renner compressors reduce operating costs and actively contribute to CO2 reduction are thrown at him simultaneously by Renner's intelligent communication system.
  • In January 2024, Elgi Equipments, a leading air conditioner manufacturer, showcased its PG 550-215 trolley-mounted portable screw air compressor at India's Stonemart 2024. The company introduced the electric powertrain PG110E, PG 55E and PG 75E Portable air compressor launched field service. Implants in the body.
  • In December 2023, Atlas Copco launched the B-Air, the first battery-powered portable screw-driven air compressor, which is a significant step toward carbon-free industries with a 55-55-100 battery flow. kWh density. It also provides increased pressure, allowing it to operate without fuel or energy. Switching to electric motors with permanent magnet motors and variable speed reduces maintenance costs and energy consumption.
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Screw Compressor Market size was valued at USD 10.8 billion in 2022 and is poised to grow from USD 11.43 billion in 2023 to USD 18.9 billion by 2031, growing at a CAGR of 5.8% in the forecast period (2024-2031).

The competitive environment of the Screw Compressor market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. The market competitive landscape provides detailed information from competitors. Detailed information includes company overview, company financials, earnings, market potential, investment in research and development, new market strategy, presence, manufacturing regions and locations of production, manufacturing capacity, company strengths and weaknesses, product launches, product expansion and expansion, application authority. 'Ansell Ltd', 'Atlas Copco', 'Strategic initiatives', 'Bauer Group', 'BelAire Compressors', 'Cook Compression', 'Compressor Products International (CPI)', 'Frank Technologies', 'Strategic initiatives', 'Galaxy Auto Stationary Equipment Co. Ltd.', 'Gast Manufacturing, Inc.', 'GE Energy, Heyner', 'Hitachi Industrial Equipment Systems Co. Ltd.', 'Hoerbiger, Ingersoll Rand Plc', 'Kaeser Compressors', 'MAT Industries, LLC'

Increasing Demand for Energy Efficient Compressors

The increasing demand for better and advanced mechanical equipment is fueling innovation in the screw compressor market. Technological advances boosted the commercialization of circulating air compressors in developing countries. Market players are launching advanced screw compressors in major cities in Asia, Africa and South America. China, India and South Africa are among the most active screw compressor markets. Thus, driving screw compressor market revenue.

The screw compressor is an important part of industrial production in various regions of North America. In the U.S. these compressors are widely used in the construction, automotive, and oil and gas industries. Strict environmental regulations have encouraged the adoption of more efficient packaging technologies, in line with sustainability goals. The North America region in the screw compressor market dominates this market, as the demand from numerous end users for screw compressors in developing economies is promoting. Rapid industrialization in emerging economies and is expected to increase demand for efficient tools & machinery will drive the market growth.

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Global Screw Compressor Market

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