The Screw Air End Global Market Report 2023, provides comprehensive information on the screw air end market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global screw air end market size is expected to grow from $3.78 billion in 2022 to $3.99 billion in 2023 at a compound annual growth rate (CAGR) of 5.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the screw air end market is expected to grow to $4.80 billion in 2027 at a CAGR of 4.7%.
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Product innovations are a key trend gaining popularity in the screw air end market. Major companies operating in the market are focused on innovating new products to strengthen their market position. For instance, in November 2021, ELGi, an India-based air compressor manufacturer, introduced its innovative range of air compressors, the ELGi AB 11–22 kW, with additional features to the series of oil-free screw air compressors. This AB series provides energy savings, effective moisture separation, a smart cooling system, and optimal capacity control, resulting in immediate power consumption savings. The product is designed to provide various air compression solutions that are used in various industrial sectors, such as manufacturing, food and beverage, pharmaceuticals, and dairy.
The screw air end market is segmented:
1) By Type: Belt Drive, Gear Drive
2) By Stage: Single Stage, Two-Stage, Multi-Stage
3) By Technology: Stationary, Portable
4) By Capacity: Up to 5 HP; 5-50 HP; 50-250 HP; Above 250 HP
5) By End-Use: Oil and Gas Industry, Chemical Industry, Energy and Transmission, Automotive and Aerospace, Mining and Minerals, Other Manufacturing Industries
Asia-Pacific was the largest region in the screw air end market in 2022.
The table of contents in TBRC’s screw air end market report includes:
1. Executive Summary
2. Screw Air End Market Characteristics
3. Screw Air End Market Trends And Strategies
4. Screw Air End Market – Macro Economic Scenario
5. Screw Air End Market Size And Growth
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26. Africa Screw Air End Market
27. Screw Air End Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Screw Air End Market
29. Screw Air End Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Atlas Copco
- Ingersoll Rand
- Hitachi Ltd
- Kaeser Compressors
- Elgi Equipments
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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