PUBLISHER: Polaris Market Research | PRODUCT CODE: 1720586
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1720586
The global screw compressor market size is expected to reach USD 19.51 billion by 2034, according to a new study by Polaris Market Research. The report "Screw Compressor Market Size, Share, Trends, Industry Analysis Report: By Type (Oil Free and Oil Injected), Stage, Technology, Power Source, End User, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Screw compressors are widely used in various industries such as oil & gas, food & beverage, pharmaceuticals, automotive, and construction due to their ability to provide a continuous supply of compressed air with minimal energy consumption. These compressors operate by using two interlocking helical rotors that compress air efficiently.
The rapid industrialization and expansion of manufacturing activities across the globe are propelling the screw compressor market growth. In the manufacturing sector, screw compressors play a crucial role in powering pneumatic tools, automated machinery, and assembly lines. The ability of these compressors to deliver consistent and high-pressure compressed air makes them crucial for production processes in industries such as automotive, electronics, and textiles. The growing demand for consumer goods and the rise of e-commerce have further fueled the expansion of manufacturing plants, leading to an increased need for reliable and energy-efficient screw compressors.
Government initiatives aimed at promoting industrial growth, such as "Make in India" and "Made in China 2025," are encouraging domestic and foreign investments in manufacturing sectors. These initiatives emphasize the need for advanced and efficient machinery, further boosting the screw compressor market demand.
In terms of type, the oil injected segment held a larger screw compressor market share in 2024 due to its widespread use across heavy industries, including manufacturing, construction, and oil and gas.
Based on end user, the food and beverages segment is expected to grow at a robust pace in the coming years, owing to the growing emphasis on hygiene, product quality, and regulatory compliance.
Asia Pacific held the largest share of the global screw compressor market revenue in 2024 due to rapid industrialization, infrastructure development, and expanding manufacturing of motor vehicles across key economies such as China, India, and Japan.
The North America screw compressor market is estimated to grow at a rapid pace during the forecast period, owing to advancements in automation, increasing adoption of energy-efficient industrial equipment, and stringent environmental regulations.
A few of the global key market players are Atlas Copco AB, BAUER KOMPRESSOREN GmbH, Boge Kompressoren, ELGI EQUIPMENTS LIMITED, Gardner Denver, Ingersoll Rand, Kaeser Kompressoren SE, Kobelco, Quincy Compressor, and Sullair.
Polaris Market Research has segmented the screw compressor market report on the basis of type, stage, technology, power source, end user, and region: