Screw Compressors Market Scope, Size, Share, Forecast by 2025
As on date of publishing, this report will capture the impact assessment
of COVID-19 on this market and the same will be considered in our market
forecast model. Clients purchasing this report between April and June 2020 will
be getting a ‘free’ updated market data excel sheet between July and September
2020 accounting for the impact of COVID-19 on the market in the current year
2020 and forecast.
Global screw
compressors market is expected to grow at a CAGR of around 6% during
the forecast period. The global screw compressors market is driven by growing
need for energy-efficient screw compressor. Moreover, advantages such as less
maintenance, easy to use and low operation costs is positively impacting the
growth of market during the forecast period. Increasing investment in R&D
for innovative designs coupled with increasing demand from end user industries
is further expected to bolster the growth of market over the next few years.
The global screw compressors market is segmented based on type, stage,
application, end use industry, company, and region. Based on type,
the market can be categorized into oil-injected screw compressors and oil-free
screw compressors. Out of which, the oil-injected screw compressors segment
dominated the market in 2019 and is expected to maintain its dominance during the forecast
period as well, which can be attributed to its wide use in industries including
road side construction, mining & processing plants, among others in order
to reduce costly downtime and production delays.
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Based on end use industry, the market is fragmented into oil & gas,
chemicals & petrochemicals, food & beverage, automotive, power plants,
mining & metals and others. Among them, the automotive segment is projected
to lead the screw compressors market during the forecast period owing to
growing use of screw compressors for onshore and offshore applications.
The major players operating in the screw compressors market are Atlas
Copco AB, Ingersoll Rand PLC, GE Oil & Gas, Gardner Denver, Inc., Siemens
AG, Hitachi Ltd., Man SE, Kobe Steel Ltd., Howden Group Ltd., Boge Kompressoren
and others. The key market players are adopting some competitive strategies
such as mergers & acquisitions, partnership, agreements in order to expand
their geographic reach and to increase their customer basis.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Objective of the Study:
·
To analyze and
estimate the market size of global screw compressors market from 2015 to 2018.
·
To estimate and
forecast the market size of global screw compressors market from 2019 to 2025
and growth rate until 2025.
·
To classify and
forecast global screw compressors market based on type, stage, application, end
user industry, company and regional distribution.
·
To identify
dominant region or segment in the global screw compressors market.
·
To identify
drivers and challenges for global screw compressors market.
·
To examine
competitive developments such as expansions, new product launches, mergers
& acquisitions, etc., in global screw compressors market.
·
To conduct
pricing analysis for global screw compressors market.
·
To identify and
analyze the profile of leading players operating in global screw compressors
market.
· To identify key sustainable strategies adopted by market players in global screw compressors market.
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TechSci Research performed both primary as well as exhaustive secondary
research for this study. Initially, TechSci Research sourced a list of
manufacturers across the globe. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the manufacturerss which could not be identified
due to the limitations of secondary research. TechSci Research analyzed the
manufacturers and presence of all major players across the globe.
TechSci Research calculated the market size of global screw compressors market using a
bottom-up approach, wherein data for various end-user segments was recorded and
forecast for the future years. TechSci Research sourced these values from the
industry experts and company representatives and externally validated through
analyzing historical data of these product types and applications for getting
an appropriate, overall market size. Various secondary sources such as company
websites, news articles, press releases, company annual reports, investor presentations
and financial reports were also studied by TechSci Research.
Key Target
Audience:
·
Screw
compressors manufacturers
·
Market research
and consulting firms
·
Government
bodies such as regulating authorities and policy makers
·
Organizations,
forums and alliances related to screw compressors
The study is useful in providing answers to several critical questions
that are important for the industry stakeholders such as manufacturers,
suppliers and partners, end users, etc., besides allowing them in strategizing
investments and capitalizing on market opportunities.
Report Scope:
In this report, global screw compressors market has been segmented
into following categories, in addition to the industry trends which have also
been detailed below:
·
Global Screw Compressors Market, By Type:
o Oil-injected Screw Compressors
o Oil-Free Screw Compressors
·
Global Screw Compressors Market, By Stage:
o Single-Stage
o Multi-Stage
·
Global Screw Compressors Market, By Application:
o Stationary
o Portable
·
Global Screw Compressors Market, By End-User:
o Oil & Gas
o Chemicals & Petrochemicals
o Food & Beverage
o Automotive
o Power Plants
o Mining & Metals
o Others
·
Global Screw Compressors Market, By Region:
o North America
§ United States
§ Canada
§ Mexico
o Europe
§ Germany
§ France
§ United Kingdom
§ Italy
§ Spain
o Asia-Pacific
§ Japan
§ India
§ South Korea
§ Australia
o Middle East & Africa
§ South Africa
§ Saudi Arabia
§ UAE
o South America
§ Brazil
§ Argentina
§ Colombia
About Us :
TechSci Research is a research based
management consulting firm providing market research and advisory solutions to
its customers worldwide, spanning a range of industries.
TechSci Research’s core values are
value, integrity and insight. Led by a team of dynamic industry experts,
TechSci Research provides its customers with high value market research and
advisory services that helps them identify new market opportunities, growth
engines and innovative ways to capture the market share. As a result, TechSci’s
client leads rather than follow market trends. Not bound by legacy, TechSci’s
cutting-edge research model leverages its decades of research knowledge and an
increased use of technology as engines of innovation to deliver unique research
value. Provided as an alternative to traditional market research, TechSci
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insights in a more usable and interactive format for its clients.
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