Global Screw Compressor Market, By Type (Oil-Free, Oil-Injected), By Stage (Single Stage, Multi-Stag

Published Date: | Report Code : EQ1926246

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Screw Compressor Market growth is expected to gain high momentum during the forecast period due to the increasing demand for energy-efficient compressors. A rise in demand for natural gas and natural gas power plants has resulted in an increased in the transportation and movement of natural gas globally. Screw compressors are primarily used for transporting natural gas due to its distinctive integrated advantages and recognition such as  improved reliability and performance, low initial costs, and ability to handle both heavy and light gases, which contains droplets or dust particles, etc. Industries such as mining & metals, automotive, and chemical & petrochemical are witnessing high demand for screw compressors.

Segment Analysis

The global screw compressor market is segmented by type, stage, technology, and end-user. On the basis of type, it is segmented into oil-free and oil-injected. The oil-injected type is majorly used as they help to seal the gaps, and play a vital role as an insulator, and conserves the optimal temperature during compression.

By stage, it is divided into single and multi-stage. The multi-stage has seen a rise in their demand as they are more efficient than a single stage.

By technology, it is segmented into stationary and portable. There has been a significant rise in the demand for portable screw compressors and they are lightweight and hence can be moved from one place to another.

Based on end-user, it is divided into oil & gas, chemicals & petrochemicals, food & beverage, automotive, power plant, mining, and metals.

The screw compressors provide various features such as delivering superior quality of compressed air and air treatment and compressor applications have also impacted the growth of the screw compressor market

Key Factors Impacting Market Growth:

  • Increasing demand for energy-efficient compressors
  • Growth of pharma, food & beverages, and Textile Industries
  • Low maintenance and operation costs
  • Growing demand for eco-friendly screw compressors

Regional Outlook:

Major regions for the screw compressor market are estimated to North America, Western Europe, and the Asia Pacific. North America and Western Europe have been traditional markets for screw compressors owing to the strong presence of the industrial sector. The industrial sector has been one of the key contributors to the economies in these regions. Major industries in these regions are estimated to be oil & gas, chemical & petrochemicals, food & beverages, automotive, power plant, mining & metals. These industries have an established base resulting in stable market demand. Moreover, most of these industries have been witnessing a transition in terms of product development and production methods. These factors are expected to drive the demand for the screw compressor market in North America and Western Europe region. Major markets by country in these regions include the US, Germany, France, UK, Canada, Spain, and others.

Asia Pacific and Middle East region has witnessed tremendous growth in the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. In addition to this, some of the fastest-growing economies including China and India have been major markets for various end-use industries including building & construction, automotive, healthcare, manufacturing, and so on. Among these industries, oil & gas, chemical & petrochemicals, food & beverages, automotive, power plant, mining & metals are estimated to register high demand for screw compressor market during the forecast period.

On the other hand, the Middle East region has witnessed diversification in terms of industrial outlook in recent decades. UAE, Saudi Arabia, Qatar, and others have been instrumental in promoting the development of various industries including building & construction, pharmaceuticals, automotive, and so on. This is expected to drive the growth of screw compressor market directly or indirectly in the region. Eastern Europe consisting of Russia and Turkey promises a stable demand for the screw compressor market during the forecast period. The rest of the World including South America and Africa are estimated to be a developing market with strong potential in the strategic future.

Companies Covered: Kobe Steel Ltd., Ingersoll Rand Plc., Atlas Copco, Boge Kompressoren, Kaeser Kompressoren Se, Gardner Denver Inc., Howden Group Ltd., Kobe Steel Ltd., GE Oil & Gas, MAN Diesel & Turbo, Siemens AG, Sullair LLC, Hitachi Ltd., and Bauer Kompressoren…

Market Segmentation:

By Type:

  • Oil-Free
  • Oil-Injected

By Stage:

  • Single Stage
  • Multi-Stage

By Technology:

  • Stationary
  • Portable

By End User:

  • Oil & Gas
  • Chemical & Petrochemicals
  • Food & Beverages
  • Automotive
  • Power Plant
  • Mining & Metals
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Stage
    • By Technology
    • By End User
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Stage
    • By Technology
    • By End User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Stage
    • By Technology
    • By End User
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Stage
    • By Technology
    • By End User
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Stage
    • By Technology
    • By End User
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Stage
    • By Technology
    • By End User

Reasons To Buy This Report:

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