Screw Air End Market is expected to reach a valuation of US$ 6.2 Billion by 2032
In 2022, the value of the global screw air end market is anticipated to reach US$ 4 Billion. By 2032, the market is anticipated to grow at a 4.5% CAGR and reach a value of US$ 6.2 billion.
Over the course of the forecast period, Future Market Insights predicts that increasing use of screw air compressors will significantly boost sales in the oil and gas, energy and gearbox, automotive, and aerospace industries. The rotary screw air compressor's screw air end, which is a crucial component, is in charge of compressing the air after suction.
Manufacturers are expanding their product lines with new screw air end compressors. These air compressors are designed to be extremely energy efficient; oil-injected screw air end compressors may cut energy usage by up to 50%. This endeavour improves the compressor's efficiency by 15%, and it's meant to take up less space, generate less noise, and give 12 per cent more free air than prior models.
In the Global Screw Air End market categorized based on Technology, the "Stationary" have relative importance than others due to heavy usage in most applications. Stationary compressors are then divided into two segments oil-lubricated and oil-free.
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Stationary air compressors are a great option for home or professional shops that don't need the unit to move. Electric variants are especially popular since they require less maintenance, are suitable for indoor usage, and are quieter than gasoline-powered models.
"Rising adoption of oil-free compressors, along with the growing impact of industrial automation across emerging economies will augment the growth in the market over the forecast period," says an FMI analyst.
Leading Companies Profiled in Screw Air End Market are
Key Takeaways:
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Global Screw Air End Market by Category
By Capacity:
By Technology:
By Stage:
By Driver Type:
By Type:
By End-Use:
By Region:
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Competitive Landscape
The screw air end market is consolidated with leading players acquiring around 55% to 65% of the total market share. These players are likely to invest in new technology developments and expansion of their distribution networks to maintain their market presence.
Some of the key players in this industry include Atlas Copco, Ingersoll Rand, KOBELCO, Hitachi, KAESER, IHI Rotating Machinery, and others.
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