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The screw compressor market size is expected to reach a value of USD 5.5 billion, at a CAGR of 8.89%, during 2021-2025. This research study helps in a deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as growth of the pharmaceutical industry are projected to significantly support market growth during the forecast period. Our research experts have thoroughly evaluated and covered the latest trends and challenges that will have a far-reaching effect on the market growth.
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From this Technavio report, get actionable insights on the screw compressor market segments to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Navigate through market segmentation 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) in this screw compressor market report to pursue growth opportunities.
Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. This research report entails a thorough qualitative and quantitative analysis on the post-pandemic screw compressor market predictions on consumer demand changes for 2021-2025.
Technavio research specialists have included significant well-thought-out business planning approaches of key players in this report. The screw compressor market is concentrated and the vendors are deploying organic and inorganic growth strategies to gain a competitive advantage. The unprecedented outbreak of COVID-19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID-19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Get the full report to understand the COVID-19 impact on the growth of the screw compressor market share during 2021-2025. The screw compressor market forecast report comprises complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis. |
40% of the screw compressor market growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for screw compressor market in APAC. This report encompasses exclusive information on potential business locations and understands the demographics of current and prospective customers.
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APAC has been exhibiting a significant growth rate for screw compressor market vendors. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click on the image above.
The screw compressor market share growth in APAC will be faster than the growth of the market in regions such as Europe and North America. The geographical segmentation in the report has assessed and included details on the competitive intelligence and regional opportunities in store for vendors.
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The screw compressor market share growth by the manufacturing industry segment will be significant during the forecast period. Despite the slow growth rate in 2020-2021, the manufacturing sector enjoyed a considerable revenue growth rate in the last decade and is also expected to do so during the forecast period. This is because the economy of various countries, such as India and EU countries, has started showing signs of resurgence. This report provides an accurate prediction of the contribution of all the segments to the growth of the screw compressor market size.
From the screw compressor market segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentations will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID-19 impact on each segment.
While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding screw compressor market growth is fluctuating prices of raw materials. In this research report, our analysts have elucidated exhaustive all key industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.
This screw compressor market analysis report provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies across regions and segmentations.
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Screw Compressor Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.89% |
Market growth 2021-2025 |
$ 5.5 billion |
Market structure |
Concentrated |
YoY growth (%) |
8.17 |
Regional analysis |
APAC, Europe, North America, MEA, and South America |
Performing market contribution |
APAC at 40% |
Key consumer countries |
China, US, Japan, Germany, and India |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
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. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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