Screw Compressor Market Strategy with Growth Analysis till 2021

Author: Akshay Mehta

The screw compressor market is expected to grow from an estimated USD 7.99 Billion in 2016 to USD 11.01 Billion by 2021, at a CAGR of 6.62%. The global market is set to witness significant growth, due to the increasing demand for energy-efficient compressors and low maintenance and operation costs of screw compressors.

To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the screw compressor market. These players include Atlas Copco AB (Sweden), Ingersoll Rand PLC (Ireland), GE Oil & Gas (U.K.), Gardner Denver, Inc. (U.S.), and Siemens AG (Germany). Leading players are trying to penetrate the markets in developing economies and are adopting various strategies to increase their market share.

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The screw compressor market is segmented based on technology into stationary and portable. Stationary segment accounted for largest market size in 2015 and is expected to grow at the fastest growth rate from 2016 to 2021. Stationary screw compressors are used by diverse range of industries such as food & beverage, automotive, chemicals & petrochemicals, textile, pharmaceuticals, electronics, and so on.

The report segments the screw compressor market on the basis of type into oil-injected and oil-free. The oil-injected segment accounted for the largest market share in 2015. Oil-injected screw compressors range used in industries such as road side construction, mining & processing plants, and automobiles to reduce costly downtime and production delays. Oil-free screw compressors are expected to grow at the fastest rate during the forecast period, owing to requirement of clean and oil-free air by food & beverage, electronics, textile, and pharmaceutical industries. This segment is expected to create new revenue pockets for the screw compressor market during the forecast period.

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Objectives of the Study

  • To define, describe, and forecast the global screw compressor market by type, stage, technology, end-user, and region
  • To provide detailed information regarding major factors influencing the growth of the screw compressor market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze the screw compressor market with respect to individual growth trends, future prospects, and contribution of each segment to the market
  • To strategically profile key players and comprehensively analyze their market shares and core competencies
  • To track and analyze competitive developments such as contracts & agreements, expansions, new product developments, and mergers & acquisitions, in the screw compressor market

The single-stage segment is expected to hold the largest share of the screw compressor market, by stage, during the forecast period

The single-stage segment led the screw compressor market in 2015 and is expected to grow at the fastest rate during the forecast period, owing to the increasing demand for screw compressors in industries where process needs continuous high air quality in a shorter downtime. These compressors are more suitable for industries such as petrochemicals, mining, and oil & gas as they help in maintaining continuous and uninterrupted operations.

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The report’s target audience includes:

  • Screw Compressor Manufacturers, Dealers, and Suppliers
  • Consulting Companies In The Energy And Power Sector
  • Government And Research Organizations
  • Investors/Shareholders
  • Environmental Research Institutes
  • Power Industry Associations
  • Petroleum Companies
  • Manufacturing Industry
  • Energy Efficiency Consultancies

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