Press release
Screw Compressor Market Size, Share US$ 11.2 billion By 2031 | Most Leading Companies - Ingersoll Rand, MAN Energy Solution SE, Gardner Denver, Kaeser Kompressoren
Screw Compressor Market
A screw compressor is a type of gas compressor that uses two intermeshing helical screws (rotors) to compress gas or air. Known for continuous operation, high efficiency, and low maintenance, screw compressors are widely used in industrial applications such as HVAC systems, manufacturing, and pneumatic tools where a steady and reliable compressed air supply is essential.
Key Highlights from the Screw Compressor Market Report:
✦ Global market to expand from US$ 8.2 billion in 2022 to US$ 11.2 billion by 2031 at a 4.2% CAGR
✦ Asia-Pacific leads with 43% market share, driven by China and India
✦ Oil-injected compressors dominate with 55% share; oil-free units hold 30%
✦ Oil & gas end-user segment commands a significant share, spurred by offshore and downstream projects
✦ VSD technology integration poised to cut energy use by up to 30% across fleets
✦ New offshore block developments in South America and Africa set to boost regional demand
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Market Drivers and Opportunities
Several key forces are propelling market growth:
• Offshore Oil & Gas Developments
Exploration of new offshore blocks in South America and Africa is set to increase demand for high-capacity compressors in the short to medium term
• Surging Petrochemicals Production
Rising plastics output is fueling procurement of compressors by petrochemical firms. The International Energy Agency estimates petrochemicals will account for nearly one-third of the rise in global oil demand by 2030
• Energy-Efficient Innovations
Industries are embracing variable speed drive (VSD) technology to cut power use. Atlas Copco is already equipping its entire compressor range with VSD motors, reducing electricity consumption by up to 30%
• Regulatory and Cost Pressures
Stringent emission norms and rising electricity prices are accelerating the replacement of fixed-speed compressors with energy-saving models
Market Segmentation
The screw compressor market is analyzed across technology, stage, operation, end-user, and region. Key quantitative highlights include:
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Major Players & Recent Developments
Leading vendors are intensifying R&D and strategic investments to strengthen their market positions. Top five players and their recent milestones include:
• Atlas Copco AB
Currently integrating VSD motors across its full compressor lineup to boost energy efficiency
In May 2023, launched the B-Air battery-powered portable screw compressor.
In September 2022, unveiled the GA-90 oil-injected rotary screw compressor featuring an IE3 motor and energy-recovery module
• Ingersoll Rand
Reported record Q3 2024 orders and revenue, driven by strong gross margin expansion and free cash flow growth
Introduced the Next Generation R-Series 45-75 kW VSD HRM rotary screw compressors, delivering automated output control and lower energy consumption
• MAN Energy Solutions
Awarded a contract in December 2024 to supply three integrally geared compressors for BP's Enhanced Gas Recovery and CCUS project at the Tangguh LNG plant in Indonesia
In March 2025, secured two orders for screw compressor technology in 200 MW hydrogen electrolyzer projects in France
• Gardner Denver
Launched a new compact screw compressor series in 2024 for small- and medium-sized industries, offering higher efficiency and reduced operational costs
Released the PureAir T & TVS 90-355 kW oil-free screw compressor line, featuring GD RotorArmorTM coating and extended warranty options
• Kaeser Kompressoren
Unveiled its redesigned CSD series of 60-125 hp screw compressors in May 2023, delivering improved efficiency across airflow conditions
In August 2024, invested US$ 20 million to expand its Canadian operations in Boisbriand, creating 45 new jobs by 2026
Other Key Players:
• MAN Energy Solution SE
• Boge Kompressoren
• BAUER COMP Holding GmbH
• Howden Group
• Kobe Steel Ltd.
• Hitachi Compressor (Suzhou) Co., Ltd
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Conclusion
As industries worldwide strive to balance productivity with sustainability, the screw compressor market is set for steady growth. Technological enhancements-such as VSD integration, digital controls, and novel fluid management-will further reduce energy and maintenance costs. Nonetheless, challenges such as high initial capital outlay, varying regional regulations, and competition from alternative compression technologies will demand continuous innovation and strategic partnerships.
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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