The Screw Air End Market report, released by Future Market Insights, an ESOMAR-certified market research and consulting firm, presents valuable insights and precise analyses of the Screw Air Ends market. Covering the scope and essence of the research, this report meticulously examines the driving factors, market size, and forecast data for Screw Air Ends. It offers intricate revenue and shipment segmentations, accompanied by a ten-year projection to 2032. In addition, the document evaluates key players in the industry, their market distribution, competitive scenario, and regional perspectives.
The global screw air compressor market is poised to witness a robust CAGR of 3.4% by 2022, reaching a remarkable valuation of around USD 4 billion. This surge is attributed to the relentless march of automation trends, with the notable adoption of oil-free screw air compressors emerging as a crucial catalyst boosting sales in this dynamic market. The demand for screw air compressors is predicted to continue to grow at an impressive CAGR of 4.5% between 2022 and 2032.
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Driving factors accelerating market growth:
- Automation capability: The inexorable rise of automation is transforming industries across the globe. In this era of increased efficiency and productivity, companies are increasingly turning to screw air end solutions to meet their compressed air needs. The integration of advanced control systems and digital technologies into screw air end units is unlocking unprecedented operational efficiencies, further fueling market growth.
- Benefits of oil-free: The global drive for sustainability and increased environmental awareness has paved the way for oil-free rotary screw air compressors to lead the market demand. The elimination of lubricating oils not only reduces the complexity of maintenance but also provides cleaner, environmentally friendly compressed air output. With eco-regulations becoming increasingly strict, the adoption of oil-free rotary screw air compressors is set to show an upward trend.
- Energy efficiency is a necessity: In an era of rising energy costs and stringent carbon footprint targets, energy-efficient screw air end solutions have become a necessity for companies pursuing operational excellence. With their advanced designs and state-of-the-art technologies, modern screw air end units minimize energy consumption, offer significant cost savings and align seamlessly with sustainability goals.
- Expanding industrial landscape: The global industrial landscape is undergoing a metamorphosis, characterized by a booming manufacturing sector, a boom in construction activity, and rapid industrialization in emerging economies. This industrial expansion is generating an insatiable appetite for reliable and high-quality compressed air systems, driving demand for screw air end solutions.
Market constraints to deal with:
- Cost implications: While the benefits of screw air-end solutions are undeniable, the initial capital investment required to purchase and install them can be a challenge for some companies. However, it is essential to recognize that the long-term benefits in terms of efficiency, reliability and reduced operating costs far outweigh the initial outlay.
- Maintenance complexity: The sophistication of modern screw air terminal units, particularly oil-free variants, can lead to increased maintenance complexity. Companies must invest in adequate training and maintenance protocols to ensure seamless operation and longevity of these systems.
- Market competition: As demand for screw air end solutions continues to grow, competition in the market is becoming more intense. Manufacturers and suppliers must focus on innovation, product differentiation and robust after-sales support to maintain a competitive edge in this changing landscape.
Key lessons learned:
- There is a high demand for oil-free systems with improved accuracy, efficiency and capacity in the compressor market.
- The cost savings from the reduction of auxiliary equipment is driving sales of these advanced compressors.
- Consumers are switching from conventional equipment to next-generation, environmentally friendly screw compressors because of their ease of installation and low maintenance requirements.
- Remote sensing technology plays an important role in monitoring and controlling compressor performance and contributes to the growth of the market.
- Screw compressors are widely used by major manufacturers in various industries including automotive, pharmaceutical, food and beverage, and oil and gas.
- These compressors enable faster mass production of complex goods and equipment and provide a safe, low-cost, energy-efficient alternative to electricity and labor for a variety of tasks.
Competitive landscape:
In recent years, there has been a notable increase in acquisition and expansion activities within the screw air end supply chain. At the same time, screw air end manufacturers have been diligently exploring and innovating in the area of technology. These innovations include improving resistance to oil blockage in oil-lubricated compressors and moving to electric compressors to align with environmental sustainability goals.
For example,
Atlas Copco, a renowned manufacturer of industrial equipment, has made strategic acquisitions to strengthen its market position. In particular, they have agreed to acquire Geveke BV and its affiliated subsidiaries. Geveke specializes in the sale of compressors and the engineering and installation of advanced process pump systems. In addition, Atlas Copco will acquire LEWA GmbH and its subsidiaries, which have a leading position in the production of diaphragm metering pumps, process pumps and extensive dosing systems.
Main cast:
- IHI rotary machines
- Anest IWATA
- Fusheng
- Eaton compressor
- ELGi
- Hats
- Rotorcomp Verdichter GmbH
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Global Screw Air Ends Market by Category
At capacity:
- Up to 5 hp
- 5 to 25 hp
- 25 to 50 HP
- 50 to 150 HP
- 150 to 300 HP
- 300 to 500 HP
Based on technology:
Per phase:
- Single phase
- Two-phase
- Multiple phases
By driver type:
- Liquid driven
- Gas powered
- Electric
By type:
By end use:
- Oil and gas industry
- Chemical industry
- Energy and transmission
- Automotive and Aerospace
- Mining and minerals
- Other manufacturing industry
Per region:
- North America
- Latin America
- Europe
- East Asia
- South Asia Pacific
- The Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR Certified, Stevie Award – Market Research Organization and Member of Greater New York Chamber of Commerce) provides in-depth insights into the determining factors that are driving demand in the market. It reveals opportunities that will promote market growth in various segments based on source, application, sales channel and end use over the next 10 years.
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