Screw Compressor Market | Discover Top Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2021-2025

The Global screw compressor market is expected to grow by $ 5.5 bn, accelerating at a CAGR of  8.89% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.

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Screw Compressor Market: Leading Segments and Growth Analysis

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

• Market is segmented End-user (Manufacturing industry, Petrochemical and chemical industry, Metallurgy and mining industry, and Others), Type (Oil-injected compressors and Oil-free compressors), and Geography (APAC, Europe, North America, MEA, and South America).
• The APAC region emerged as the leading segment in recent years. 40% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Screw Compressor Market size.

Screw Compressor Market: Trends, Drivers, Challenges to impact growth

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

• A key market driver for the Screw Compressor Market will be growth of pharmaceutical industry.
• Demand for energy-efficient screw compressors is another factor that will be instrumental in driving market growth during the forecast period.
• One of the key challenges that market players need to contend with in order to achieve further success is the Fluctuating prices of raw materials.

Screw Compressor Market: Vendor Analysis

• The market is concentrated.
• The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
• Atlas Copco AB, BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG, Hanbell Precise Machinery Co. Ltd., Hitachi Ltd., Howden Group Ltd., Ingersoll Rand Inc, KAESER KOMPRESSOREN SE, Kaishan Compressor USA, MAN Energy Solutions SE, and Shanghai Sikeluo Compressor Co. Ltd. are some of the major market participants.

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The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of 8.89%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 5.5 bn through 2021-2025.
    
3. What is a key factor driving this market?
   Growth of pharmaceutical industry will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   40% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are Atlas Copco AB, BOGE KOMPRESSOREN Otto Boge GmbH & Co. KG, Hanbell Precise Machinery Co. Ltd., Hitachi Ltd., Howden Group Ltd., Ingersoll Rand Inc, KAESER KOMPRESSOREN SE, Kaishan Compressor USA, MAN Energy Solutions SE, and Shanghai Sikeluo Compressor Co. Ltd.
    
7. What are the market segments covered in this report?
   The market is segmented by End-user (Manufacturing industry, Petrochemical and chemical industry, Metallurgy and mining industry, and Others), Type (Oil-injected compressors and Oil-free compressors), and Geography (APAC, Europe, North America, MEA, and South America)