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Global Screw Air End Market 2023-2032 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies Include include Atlas Copco, Ingersoll Rand, Hitachi Ltd., Kaeser Compressors, Elgi Equipments, Howden UK Limited
Screw Air End Market
Screw Air End Market Size, Growth Rate, And Forecast
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 screw air end market is expected to grow to $4.80 billion in 2027 at a CAGR of 4.7%.
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Screw Air End Market Drivers
The increasing demand for air compressors is expected to propel the growth of the screw air end market forward. An air compressor is a mechanical device that transforms electricity into potential energy stored in compressed air. The screw air end is used to produce continuous, steady airflow in an air compressor; as a result, increasing demand for air compressors increases the demand for the screw air end market.
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Screw Air End Market Segments
• By Type: Belt Drive, Gear Drive
• By Stage: Single Stage, Two-Stage, Multi-Stage
• By Technology: Stationary, Portable
• By Capacity: Up to 5 HP; 5-50 HP; 50-250 HP; Above 250 HP
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Screw Air End market.
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Screw Air End Market Key Players
Major competitors in the Screw Air End market include Atlas Copco, Ingersoll Rand, Hitachi Ltd., Kaeser Compressors, Elgi Equipments, Howden UK Limited, Kobelco Construction Machinery America, IHI Rotating Machinery Engineering Co., Ltd., Anest Iwata
The Business Research Company's "Global Screw Air End Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Screw Air End Market Include:
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
………
28. Key Mergers And Acquisitions In The Screw Air End Market
29. Screw Air End Market Future Outlook and Potential Analysis
30. Appendix
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