Asia-Pacific Screw Compressor Industry: Key Vendors, Trends, Challenges, and Drivers to 2021market for screw compressors, followed by the Middle East & Africa and Europe. The Asia-Pacific market is driven by increasing industrialization and rising energy consumption in the region. The market in the Asia-Pacific region is projected to grow at the fastest rate, with China expected to dominate the market.
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The screw compressor market is projected to reach USD 11.01 billion by 2021, growing at a CAGR of 6.62% from 2016 to 2021. Screw compressor systems are used to compress a multitude of gas ranging from air to light hydrocarbons, nitrogen, ammonia, and so on.
1 Objectives of the Study
2 Market Definition
3 Market Scope
4 Geographic Scope
5 Years Considered for the Study
Screw Compressor Market, By Type
2 Oil-Injected Screw Compressors
3 Oil-Free Screw Compressors
Screw Compressor Market, By Technology
2 Stationary Screw Compressors
3 Portable Screw Compressors
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The ecosystem of the global screw compressor market starts with the raw material suppliers/component suppliers. The major raw materials used for manufacturing compressors include castings, aluminum, and steel. The components used are bearings, crankshafts, switches, gauges, rotors, and housings. These components are then assembled by the OEM to form the final product that is screw compressors.
• Screw Compressor Manufacturers, Dealers, and Suppliers
• Consulting Companies In The Energy And Power Sector
• Government And Research Organizations
• Environmental Research Institutes
• Power Industry Associations
• Petroleum Companies
• Manufacturing Industry
• Energy Efficiency Consultancies
Screw Compressor Market, By Stage
2 Single Stage Screw Compressors
3 Multi-Stage Screw Compressors
The report segments the screw compressor market on the basis of type into oil-injected and oil-free. The oil-injected segment accounted for the largest market share in 2015. Oil-injected screw compressors range used in industries such as road side construction, mining & processing plants, and automobiles to reduce costly downtime and production delays.
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The distribution of primary interviews is as follows:
• By Company Type: Tier 1- 55%, Tier 2- 26%, Tier 3- 19%
• By Designation: C-Level- 52%, D-Level- 27%, Others- 21%
• By Region: North America- 38%, Asia-Pacific-25%, Europe-22%, Rest of the World- 15%
The oil & gas sub-segment accounted for the largest market share in 2015. Screw compressors are used for onshore and offshore applications, ranging from vapor recovery and gas handling to flash gas processing and fuel gas boosting.
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