Industria
Screw Compressor Market Worth $16.30 Billion by 2030 | MarketsandMarkets™
Stringent environmental laws, increasing demand for clean and contaminant-free air, and rapid adoption of oil-free compressors in food and beverages, medical and pharmaceuticals, and other industries are causing the oil-free screw compressor segment to be the fastest-growing one. These industries need oil-free air, which serves as an essential function in avoiding contamination in production work. New developments in energy-saving, low-maintenance oil-free compressors have turned out to be economical, thereby increasing their adoption. Growing awareness about sustainability and minimal carbon emissions are accelerating the path for switchovers from oil-lubricated to oil-free screw compressors.
The segment above 250 HP is the largest in the Screw Compressor Market and is mostly used in heavy industries such as oil & gas, power generation, and mining, where hefty-capacity compressors are needed for continuous duty. These industries need low-pressure-high-airflow compressors for their demanding applications. Furthermore, increased investment in mega infrastructure projects, petrochemical plants, and industrial automation spurs the demand for high-performance and energy-efficient screw compressors in this sector.
Asia-Pacific market is the fastest growing market for screw compressor due to rapid industrialization, urbanization, and infrastructure development. Manufacturing, construction, and oil-and-gas industries are expanding rapidly to cater to the growing demand for compressed air-efficient solutions. Most of these booming industries including governmental initiatives for popular reclamations of energy-efficient technologies are expected to add strength to this growth; along with investments in renewable energy and petrochemicals, strong signs have emerged to continue using sino-chien-screw compressors as its most reliable and continuous operation.
The report profiles key players such as Atlas Copco AB ( Sweden ), Ingersoll Rand (US), Hitachi, Ltd ( Japan ), and ELGi ( India ).
Ingersoll Rand (US) is s provider of pneumatic equipment, compressed air and gas systems, and industrial solutions. The company operates its businesses through two segments: Industrial Technologies & Services, Precision & Science Technologies. It offers screw compressors under its Industrial Technologies & Services segment. The Industrial Technologies & Services segment offers a range of air and gas compressors, vacuum and blower products, fluid transfer equipment, loading systems, power tools, and lifting equipment, as well as aftermarket parts, consumables, and services. The company's screw compressors are used in various end-use industries, such as automotive, chemicals, electronics, food & beverages, oil & gas, pulp & paper, power generation, metals and machinery, pharmaceuticals, and textiles.
Ingersoll Rand has a sales presence in more than 175 countries in North America , Latin America , Europe , Asia , the Middle East and Africa , and Australia . In addition to the US, Ingersoll Rand has manufacturing facilities in Germany , the UK, China , Finland , Italy , India , and other countries.
Atlas Copco AB ( Sweden ) is one of the leading provider of compressors, vacuum solutions, generators, pumps, power tools, and assembly systems in the global compressed air filter and dryer market. The company operates its business through four segments: Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique. Atlas Copco offers screw compressors through the Compressor Technique segment. This segment also offers compressed air solutions; industrial compressors; gas and process compressors and expanders; air and gas treatment equipment; air management systems; and related services.
The company's air compressor products are used in various industries, such as automotive, electronics, chemicals & petrochemicals, fertilizers, food & beverages, oil & gas, pharmaceuticals, and power generation. The company operates in all major regions, including the Americas, Europe ,
Africa , the Middle East , and
Asia Pacific .
Get access to the latest updates on and
MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.
Today, , and . With a , we help businesses thrive in a disruptive ecosystem.
The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our , which integrates research and provides ecosystem-wide visibility into revenue shifts.
In addition, enables sales teams to identify high-priority accounts and uncover hidden opportunities, helping them build more pipeline and win more deals with precision.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA : +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/
Logo: https://mma.prnewswire.com/media/1868219/MarketsandMarkets_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/screw-compressor-market-worth-16-30-billion-by-2030--marketsandmarkets-302392739.html