The report "Screw Compressor Market by Type (Oil-free, Oil-Injected), Stage (Single, Multi), Technology (Stationary, Portable), End-User (Chemical & Petrochemicals, Food & Beverage, Mining & Metals, Oil & Gas, Automotive, Power), & by Region - Global Forecast to 2021", 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.
Browse 68 market data tables and 52 figures spread through 141 pages and in-depth TOC on “Screw Compressor Market by Type (Oil-free, Oil-Injected), Stage (Single, Multi), Technology (Stationary, Portable), End-User (Chemical & Petrochemicals, Food & Beverage, Mining & Metals, Oil & Gas, Automotive, Power), & by Region - Global Forecast to 2021”
Early buyers will receive 10% customization on reports.
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.
Food & beverage to be the fastest growing end-user segment during the forecast period
With regard to the end-user segment, food & beverage segment is expected to be the fastest growing market in 2016. The food & beverage end-user needs 100% pure oil-free air for processing food. There might be a risk of contamination if the compressed air contains any external particle in the output. Therefore, oil-free screw compressors are used in this industry in order to maintain air quality standards.
Asia-Pacific: The fastest growing market for screw compressor
In this report, the screw compressor market has been analyzed with respect to five regions, namely, Asia-Pacific, the Middle East & Africa, Europe, North America, and Latin America. Asia-Pacific is expected to dominate the global screw compressor market, owing to increasing industrialization and manufacturing facilities in the region. China is expected to dominate the screw compressors market in the Asia-Pacific region.
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.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: [email protected]