GLOBAL SCREW COMPRESSOR MARKET was valued at USD 8.6 Billion in the year 2018. Global Screw Compressor Market is further estimated to grow at a CAGR of 6.15% from 2019 to reach USD 12.3 Billion by the year 2025. Asia Pacific region holds the highest market share in 2018 and is also considered as the fastest growing market in the forecasted period. At a country level, developed markets like China with highest population base holds the notable market share in 2018 and it is projected to grow at a gradual rate in the coming years.
GE Oil & Gas (U.K.), Atlas Copco AB (Sweden), Ingersoll Rand PLC (Ireland), Siemens AG (Germany) are some of the key players in the Screw Compressor Market with Siemens AG holding the substantial market share because of its better technological advancements and global reach. Product up gradation to cater changing demand of end users. Similarly, growth strategies such as acquisition & merger were few techniques adopted by most of the top players in last 5 years.
Increasing energy consumption due to infrastructure developments
User resistance to adapt to updated technology
Increasing industrialization in developing countries
Maintaining stringent industry standards
Segmentation done on the basis of Industry include Automotive, Oil & Gas, Power Plants, Chemicals & Petrochemicals, Food & Beverage, Mining & Metals; of which the Oil & Gas segment is expected to hold the highest market share during the forecast period.
The Food & Beverage segment is expected to grow at the highest CAGR during the forecast period due to the developments in food processing and packaging operations.
Key Benefits for Stakeholders
Screw Compressor Manufacturers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
End use industries
Regulatory bodies, policy actors and consumers.
Portable Screw Compressors
Stationary Screw Compressors
By Industry Sector
Oil & Gas
Chemicals & Petrochemicals
Food & Beverage
Mining & Metals
Oil Free Screw Compressors
Multi Stage Screw Compressors
Key Market Players
GE Oil & Gas
Atlas Copco AB
Howden Group Ltd
Ingersoll Rand PLC
Kobe Steel Ltd.
Gardner Denver, Inc.
(Another brief information of 15 companies will be provided in the report)
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