In 2022, the value of the global screw air end market is anticipated to reach US$ 4 Billion. By 2032, the market is anticipated to grow at a 4.5% CAGR and reach a value of US$ 6.2 billion.
Over the course of the forecast period, Future Market Insights predicts that increasing use of screw air compressors will significantly boost sales in the oil and gas, energy and gearbox, automotive, and aerospace industries. The rotary screw air compressor’s screw air end, which is a crucial component, is in charge of compressing the air after suction.
Manufacturers are expanding their product lines with new screw air end compressors. These air compressors are designed to be extremely energy efficient; oil-injected screw air end compressors may cut energy usage by up to 50%. This endeavour improves the compressor’s efficiency by 15%, and it’s meant to take up less space, generate less noise, and give 12 per cent more free air than prior models.
In the Global Screw Air End market categorized based on Technology, the “Stationary” have relative importance than others due to heavy usage in most applications. Stationary compressors are then divided into two segments oil-lubricated and oil-free.
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Stationary air compressors are a great option for home or professional shops that don’t need the unit to move. Electric variants are especially popular since they require less maintenance, are suitable for indoor usage, and are quieter than gasoline-powered models.
“Rising adoption of oil-free compressors, along with the growing impact of industrial automation across emerging economies will augment the growth in the market over the forecast period,” says an FMI analyst.
Leading Companies Profiled in Screw Air End Market are
- Atlas Copco
- Ingersoll Rand
- Hitachi Ltd.
- KOBELCO (KOBE Steel)
- KAESER
- IHI Rotating Machhinery
- Anest IWATA
- Fusheng
- Eaton Compressor
- ELGi
- Howden
- Rotorcomp Verdichter GmbH
Key Takeaways:
- Based on technology, the stationary compressors segment will create an absolute dollar opportunity of US$ 2 Bn over the forecast period.
- By end-use, the oil and gas sector will offer an absolute dollar opportunity of US$ 431.6 Mn over the assessment period.
- Sales in the U.S. screw air end market are forecast to grow at a 3.3% CAGR through 2032.
- India will emerge as a lucrative market, with total sales surpassing US$ 358.9 Million by 2032.
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Global Screw Air End Market by Category
By Capacity:
- Up to 5HP
- 5 to 25HP
- 25 to 50HP
- 50 to 150HP
- 150 to 300HP
- 300 to 500HP
By Technology:
- Stationary
- Oil Lubricated
- Oil-Free
- Portable
- Oil Lubricated
- Oil-Free
By Stage:
- Single Stage
- Two-Stage
- Multi-Stage
By Driver Type:
- Liquid Driven
- Gas Driven
- Electric
By Type:
- Belt Drive
- Gear Drive
By End-Use:
- Oil and Gas Industry
- Chemical Industry
- Energy and Transmission
- Automotive and Aerospace
- Mining and Minerals
- Other Manufacturing Industry
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia Pacific
- The Middle East and Africa
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Competitive Landscape
The screw air end market is consolidated with leading players acquiring around 55% to 65% of the total market share. These players are likely to invest in new technology developments and expansion of their distribution networks to maintain their market presence.
Some of the key players in this industry include Atlas Copco, Ingersoll Rand, KOBELCO, Hitachi, KAESER, IHI Rotating Machinery, and others.
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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