Energy & Environment Industry Today
Screw Compressor Market | Key Players Insights, Global Industry to Witness Healthy CAGR from 2017 to 2022
Screw compressor Market Information by Type (Oil-Free and Oil-Injected), by Stage (Single and Multi), Technology (Portable and Stationary), End-User (Mining & Metals, Chemical & Petrochemical, Automotive, Food & Beverage, Oil & Gas, and Power Plant) and by Region - Forecast to 2022
Published 29 January 2018
Market Research Future published a Half-Cooked Research Report on “Global Screw Compressor Market Research Report - Forecast to 2022”– Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
Atlas Copco, Ingersoll Rand PLC, Boge Kompressoren, Gardner Denver Inc., Howden Group Ltd., GE Oil & Gas, Kobe Steel Ltd., MAN Diesel & Turbo, Sullair LLC, Siemens AG, and Hitachi Ltd. are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Screw Compressor Market.
Screw Compressor Global Market – Overview
Screw compressor is a type of gas compressor and it works on the mechanism of a rotary type positive displacement. Screw compressor is used in various industries includes: Mining & Metals, Chemical & Petrochemical, Automotive, Food & Beverage, Oil & Gas, and Power Plant. Screw compressor has several advantages over other compressors such as delivery of high quality compressed air and lower maintenance & operational cost as a result of which the demand in screw compressor market is expected to increase over time. There is an increasing demand for screw compressor in industries like mining & metals, automotive, and chemical & petro chemical industries. As these industries are growing the market for screw compressor is expected to grow significantly. As per the study conducted by Market Research Future, the global market for Screw Compressor is likely to grow at the CAGR of around 4%.
Screw compressors consists of two helical rotors which are used in compressing external air to a set pressure, ensuring dry, clean , and compressed air. The screw compressors find increasing application in segments such as chemicals and petrochemicals processing, food & beverages, metals & mining, automotive, power plants, and oil & gas where large volume of high pressure air is needed especially to drive machine tools. Growing demand for energy efficient compressors along with evolution of industries such as pharmacy, F&B, and textile sectors are the key factors that drive the growth of the market. Furthermore, lower maintenance & operation costs are the factors that will boost the market growth. End-users resisting the emergence of this new technology is a key restraining factor that will impact the growth of the market. Growing demand for eco-friendly screw compressors are the key factors that will offer ample growth opportunities in the screw compressor market. Strict adherence to strict quality requirements & environmental parameters along with paucity of skilled labour are the key market challenges faced by key market players and manufacturers to grow in the market.
The features of screw compressor such as delivering high quality compressed air, higher efficiency and the quick and dynamic response would increase its application in air treatment and compressor applications. This will result in a significant growth in the screw compressor market. The screw compressors reduce energy costs and provide better efficiency due to which its users are increasing and demand is rising. Developments made in the sectors of pharma, food and beverages, textile and automotive are among the various factors resulting in the increase of demand in the screw compressor market. Growing demand for eco-friendly screw compressors is a major factor that will offer sufficient growth opportunities to the screw compressor market. However, there are some restraining factors for the global market growth, which include high power consumption due to the fast moving compressor, production of debris due to high-speed operation and resistance in the use of new technology.
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Geographically, the global Screw Compressor market has been divided into North America, Europe, Asia Pacific and Rest of the World. Among these regions, Asia Pacific is the largest screw compressor market globally and is expected to continue dominating the market in the coming years as well. Owing to industrial development, the key demand is visible from countries such as China, Japan, and India. Demand from Asia-Pacific is followed by regions such as North America, Europe, Latin America and the Middle East and Africa. Demand from countries such as Mexico, the U.S., Saudi Arabia, Brazil, and South Africa are the major drivers in the global screw compressor market. The Middle East and Africa is predicted to be the fastest-growing market in the coming future owing to developments in the metal and mining, and chemical and petrochemical industries.
Industry News:
In October, 2017 – Atlas Copco launched efficient and reliable G200-250 (VSD) oil-injected rotary screw air compressor which is designed with integrated G VSD. Its inverter and motor are specially designed and equipped with bearing protection, allowing for maximum efficiency within variable speed range. In addition, the low speed motor is specially designed to meet the requirements of motor and compressor cooling.
In May, 2017 – Atlas Copco, a leading provider of sustainable productivity solutions, has completed the acquisition of Pressure Compressores Ltda., a Brazilian manufacturer of piston compressors and related equipment. Pressure Compressores is based in Maringá in the state of Parana, Brazil. The company offers a broad range of piston compressors, screw compressors and air treatment products, serving mainly the Brazilian market but also some other South American countries.
In April, 2017 – Ingersoll Rand, a global leader in compression technologies and services, introduced new models to its line of Next Generation R-Series oil-flooded rotary screw air compressors, which provide a more energy-efficient solution for customers with high capacity air requirements.
In January, 2016 – BAUER COMPRESSORS introduces the next generation of its Screw Compressor portfolio – THE C26 X-Fill® Series. This series, spanning the 125-175 HP range and featuring BAUER’s newest state-of-the-art high inlet pressure compressor, will complement the existing wide range in BAUER’s extensive CNG systems portfolio.
Screw Compressor Global Market – Segmentation
The scope of global screw compressor market is segmented into four major segments which are explained below:
By Type:
The global market for screw compressor seems to be highly competitive. To maintain the market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. The global screw compressor market is characterized by the presence of international, regional, and local vendors. These vendors are increasingly focusing on product innovations to expand their market reach.
View Report Details @ https://www.marketresearchfuture.com/reports/screw-compressor-market-1812
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Atlas Copco, Ingersoll Rand PLC, Boge Kompressoren, Gardner Denver Inc., Howden Group Ltd., GE Oil & Gas, Kobe Steel Ltd., MAN Diesel & Turbo, Sullair LLC, Siemens AG, and Hitachi Ltd. are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Screw Compressor Market.
Screw Compressor Global Market – Overview
Screw compressor is a type of gas compressor and it works on the mechanism of a rotary type positive displacement. Screw compressor is used in various industries includes: Mining & Metals, Chemical & Petrochemical, Automotive, Food & Beverage, Oil & Gas, and Power Plant. Screw compressor has several advantages over other compressors such as delivery of high quality compressed air and lower maintenance & operational cost as a result of which the demand in screw compressor market is expected to increase over time. There is an increasing demand for screw compressor in industries like mining & metals, automotive, and chemical & petro chemical industries. As these industries are growing the market for screw compressor is expected to grow significantly. As per the study conducted by Market Research Future, the global market for Screw Compressor is likely to grow at the CAGR of around 4%.
Screw compressors consists of two helical rotors which are used in compressing external air to a set pressure, ensuring dry, clean , and compressed air. The screw compressors find increasing application in segments such as chemicals and petrochemicals processing, food & beverages, metals & mining, automotive, power plants, and oil & gas where large volume of high pressure air is needed especially to drive machine tools. Growing demand for energy efficient compressors along with evolution of industries such as pharmacy, F&B, and textile sectors are the key factors that drive the growth of the market. Furthermore, lower maintenance & operation costs are the factors that will boost the market growth. End-users resisting the emergence of this new technology is a key restraining factor that will impact the growth of the market. Growing demand for eco-friendly screw compressors are the key factors that will offer ample growth opportunities in the screw compressor market. Strict adherence to strict quality requirements & environmental parameters along with paucity of skilled labour are the key market challenges faced by key market players and manufacturers to grow in the market.
The features of screw compressor such as delivering high quality compressed air, higher efficiency and the quick and dynamic response would increase its application in air treatment and compressor applications. This will result in a significant growth in the screw compressor market. The screw compressors reduce energy costs and provide better efficiency due to which its users are increasing and demand is rising. Developments made in the sectors of pharma, food and beverages, textile and automotive are among the various factors resulting in the increase of demand in the screw compressor market. Growing demand for eco-friendly screw compressors is a major factor that will offer sufficient growth opportunities to the screw compressor market. However, there are some restraining factors for the global market growth, which include high power consumption due to the fast moving compressor, production of debris due to high-speed operation and resistance in the use of new technology.
Receive a Sample Report @ https://www.marketresearchfuture.com/sample_request/1812
Geographically, the global Screw Compressor market has been divided into North America, Europe, Asia Pacific and Rest of the World. Among these regions, Asia Pacific is the largest screw compressor market globally and is expected to continue dominating the market in the coming years as well. Owing to industrial development, the key demand is visible from countries such as China, Japan, and India. Demand from Asia-Pacific is followed by regions such as North America, Europe, Latin America and the Middle East and Africa. Demand from countries such as Mexico, the U.S., Saudi Arabia, Brazil, and South Africa are the major drivers in the global screw compressor market. The Middle East and Africa is predicted to be the fastest-growing market in the coming future owing to developments in the metal and mining, and chemical and petrochemical industries.
Industry News:
In October, 2017 – Atlas Copco launched efficient and reliable G200-250 (VSD) oil-injected rotary screw air compressor which is designed with integrated G VSD. Its inverter and motor are specially designed and equipped with bearing protection, allowing for maximum efficiency within variable speed range. In addition, the low speed motor is specially designed to meet the requirements of motor and compressor cooling.
In May, 2017 – Atlas Copco, a leading provider of sustainable productivity solutions, has completed the acquisition of Pressure Compressores Ltda., a Brazilian manufacturer of piston compressors and related equipment. Pressure Compressores is based in Maringá in the state of Parana, Brazil. The company offers a broad range of piston compressors, screw compressors and air treatment products, serving mainly the Brazilian market but also some other South American countries.
In April, 2017 – Ingersoll Rand, a global leader in compression technologies and services, introduced new models to its line of Next Generation R-Series oil-flooded rotary screw air compressors, which provide a more energy-efficient solution for customers with high capacity air requirements.
In January, 2016 – BAUER COMPRESSORS introduces the next generation of its Screw Compressor portfolio – THE C26 X-Fill® Series. This series, spanning the 125-175 HP range and featuring BAUER’s newest state-of-the-art high inlet pressure compressor, will complement the existing wide range in BAUER’s extensive CNG systems portfolio.
Screw Compressor Global Market – Segmentation
The scope of global screw compressor market is segmented into four major segments which are explained below:
By Type:
- Oil-Free
- Oil-Injected
- Single
- Multi
- Portable
- Stationary
- Mining & Metals
- Chemical & Petrochemical
- Automotive
- Food & Beverage
- Oil & Gas
- Power Plant
The global market for screw compressor seems to be highly competitive. To maintain the market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. The global screw compressor market is characterized by the presence of international, regional, and local vendors. These vendors are increasingly focusing on product innovations to expand their market reach.
View Report Details @ https://www.marketresearchfuture.com/reports/screw-compressor-market-1812
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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