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Screw Compressor Market 2018 - New Technological Change Helping Market Growth,Driver, Trends, Size, Share, and Forecasts by 2023

Screw compressor Market Research Report: Information by Type, Stage,Technology (Portable and Stationary), End-use and Region (North America, Europe, Asia Pacific, and Rest of World) - Forecast till 2023


Pune, India -- (SBWIRE) -- 07/22/2018 -- Market Overview:- The features of screw compressor such as delivering high quality compressed air, higher efficiency and the quick and dynamic response would increase its application in air treatment and compressor applications. This will result in a significant growth in the screw compressor market. The screw compressors reduce energy costs and provide better efficiency due to which its users are increasing and demand is rising. Developments made in the sectors of pharma, food and beverages, textile and automotive are among the various factors resulting in the increase of demand in the screw compressor market. Growing demand for eco-friendly screw compressors is a major factor that will offer sufficient growth opportunities to the screw compressor market. However, there are some restraining factors for the global market growth, which include high power consumption due to the fast moving compressor, production of debris due to high-speed operation and resistance in the use of new technology.

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Top Key Players :-
The key players of global screw compressors market are GE (U.S.), Siemens (Germany), Ingersoll Rand (Ireland), Kore Compressors (U.S.), ALMiG Compressors GmbH (Germany), Atlas Copco (Sweden), and Howden Group (Czechia). Hitachi (Japan), Boge Kompressoren (Germany), Gardner Denver (U.S.), Suzler (Switzerland), MAN Diesel & Turbo (Germany), and Michelin (France) are among others.

Industry News:-
In October, 2017 – Atlas Copco launched efficient and reliable G200-250 (VSD) oil-injected rotary screw air compressor which is designed with integrated G VSD. Its inverter and motor are specially designed and equipped with bearing protection, allowing for maximum efficiency within variable speed range. In addition, the low speed motor is specially designed to meet the requirements of motor and compressor cooling.
In May, 2017 – Atlas Copco, a leading provider of sustainable productivity solutions, has completed the acquisition of Pressure Compressores Ltda., a Brazilian manufacturer of piston compressors and related equipment. Pressure Compressores is based in Maringá in the state of Parana, Brazil. The company offers a broad range of piston compressors, screw compressors and air treatment products, serving mainly the Brazilian market but also some other South American countries.
In April, 2017 – Ingersoll Rand, a global leader in compression technologies and services, introduced new models to its line of Next Generation R-Series oil-flooded rotary screw air compressors, which provide a more energy-efficient solution for customers with high capacity air requirements.
In January, 2016 – BAUER COMPRESSORS introduces the next generation of its Screw Compressor portfolio – THE C26 X-Fill® Series. This series, spanning the 125-175 HP range and featuring BAUER's newest state-of-the-art high inlet pressure compressor, will complement the existing wide range in BAUER's extensive CNG systems portfolio.

Screw Compressor Global Market – Segmentation
The scope of global screw compressor market is segmented into four major segments which are explained below:

By Type
o Oil-Free
o Oil-Injected

By Stage
o Single
o Multi
- By Technology
o Portable
o Stationary

By End-User
o Mining & Metals
o Chemical & Petrochemical
o Automotive
o Food & Beverage
o Oil & Gas
o Power Plant

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Global Screw Compressors Market Analysis:-
Global screw compressors market is expected to expand at an exponential rate during the forecast period owing to industrialization, and the need for efficient tools & machinery. Asia Pacific region is expected to dominate the screw compressor market owing to industrialization and the emerging markets. China, India, Indonesia, and South Korea are paving the way for new industries and increasing manufacturing. The Middle East and Africa regions are expected to hold strong market position in screw compressor market due to increased district cooling projects from the Middle East region, and rising oil & gas activities in Africa.