PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1676636
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1676636
The Screw Compressor market is estimated to reach USD 16.30 billion by 2030 from an estimated value of USD 12.74 billion in 2025, at a CAGR of 5.0% during the forecast period. The ever-increasing energy consumption, rising demand for energy-efficient solutions, growing manufacturing industries, and rapid industrialization in emerging economies are the major driving factors for the Screw Compressor market.
Scope of the Report | |
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Years Considered for the Study | 2021-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD) |
Segments | By Type, By Stage, By Technology, By Power Source,By Capacity, By End User, By Region |
Regions covered | Asia Pacific, Europe, North America, South America, Middle East & Africa |
"Oil Injected: The largest segment of the Screw Compressor market, by type."
By type, the Screw Compressor market was segmented into two categories: oil-injected and oil-free screw compressors. The segment, oil injected, is expected to capture the largest share of the market by type. The oil used in the oil-injected screw compressors not only lubricates the moving components, lowering friction and wear, but also enhances operational life, making them extremely reliable in continuous and high-demand applications. Their applicability across industries such as food and beverage, chemicals and petrochemicals, automotive, oil and gas, and food and beverage further fuels demand.
"Chemicals and Petrochemicals segment is expected to emerge as the largest segment by end-user."
Based on end-user, the Screw Compressor market has been segmented into Chemicals & Petrochemicals, Food & Beverage, Mining & Metals, Oil & Gas, Automotive, Medical & Pharmaceutical, and others. The chemicals and petrochemicals segment is expected to hold the largest market share during the forecast period because of growing applications and increased usage of screw compressors in this sector, which are energy-efficient, and provide excellence in reliability.
"51 to 250 HP segment is expected to emerge as the second largest segment based on capacity"
By power rating, the Screw Compressor market has been segmented into Up to 50 HP, 51 to 250 HP, Above 250 HP. The 51 to 250 segment is expected to be the second largest during the forecast period. These compressors are widely used in various sectors, such as food and beverage, automotive, oil and gas, and medical & pharmaceuticals, because they provide reliable compressed air for moderate to high-volume applications.
"North America is expected to be the second fastest region in the Screw Compressor market."
North America is expected to be the second-fastest region in the Screw Compressor market between 2025-2030. The North American market consists of the US, Canada, and Mexico. Demand for Screw Compressor in North America is driven by the industries such as automotive, oil & gas, chemicals & petrochemicals, medical and pharmaceuticals, and food and beverage, which heavily rely on compressed air for a wide range of operations, creating a consistent demand for screw compressors.
By Company Type: Tier 1- 45%, Tier 2- 30%, and Tier 3- 25%
By Designation: C-Level- 30%, Director Levels- 20%, and Others- 50%
By Region: North America- 18%, Europe- 10%, Asia Pacific- 60%, the Middle East & Africa- 8%, and South America- 4%
Note: Others include product engineers, product specialists, and engineering leads.
Note: The tiers of the companies are defined based on their total revenues as of 2022. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
The Screw Compressor market is dominated by a few major players that have a wide regional presence. The leading players in the Screw Compressor market are Atlas Copco (Sweden), Ingersoll Rand (US), Hitachi, Ltd. (Japan), and Elgi Equipments Limited (India).
The report defines, describes, and forecasts the Screw Compressor market, by type, by capacity, by power source, by technology, by stage, by end user for various regions. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the Screw Compressor market.
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