Screw Air End Market Outlook 2024-2033: Trends and Projections

The screw air end global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Screw Air End Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size –
The screw air end market size has grown strongly in recent years. It will grow from $3.99 billion in 2023 to $4.19 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to industrial growth, energy efficiency needs, reliability and durability, end-user industries, replacement market.

The screw air end market size is expected to see strong growth in the next few years. It will grow to $5.16 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to industry 4.0 integration, sustainability focus, digitalization and iot, rising energy costs, aftermarket services, market expansion. Major trends in the forecast period include collaborations and partnerships, emission regulations, compact and portable designs, sustainability drive.

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Scope Of Screw Air End Market
The Business Research Company’s reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Screw Air End Market Overview

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. For instance, according to the US Bureau of Labor Statistics, the producer price index of air and gas compressors in the United States increased from 247.3 in 2020 to 313.3 in 2022. Therefore, the increasing demand for air compressors is driving the growth of the screw air end market.

Market Trends –
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 covered in this report 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, 5-50HP, 50-250HP, Above 250HP
5) By End-Use: Oil and Gas Industry, Chemical Industry, Energy and Transmission, Automotive and Aerospace, Mining and Minerals, Other Manufacturing Industries

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Regional Insights –
Asia-Pacific was the largest region in the screw air end market in 2023. The regions covered in the screw air end market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies –
Major companies operating in the screw air end market report are Atlas Copco Group, Ingersoll Rand Inc., Hitachi Ltd., Kaeser Compressors Inc., Elgi Equipments Ltd., Howden UK Limited, Kobelco Construction Machinery America LLC, IHI Rotating Machinery Engineering Co. Ltd., Anest Iwata Corporation, Fu Sheng Industrial Co. Ltd., Eaton Compressor & Fabrication Inc., Rotorcomp Verdichter GmbH, MAN Energy Solutions SE, Bauer Kompressoren GmbH, Boge Kompressoren Otto Boge GmbH & Co. KG, Baker Hughes a GE company, Siemens AG, KAESER Kompressoren SE, Aerzener Maschinenfabrik GmbH, Sullivan-Palatek Inc., VMAC Global Technology Inc., Rogers Machinery Company Inc., Gardner Denver Holdings Inc., Quincy Compressor LLC, Sullair LLC, Mattei Compressors Inc., Mitsui Seiki (U.S.A.) Inc., Hanbell Precise Machinery Co. Ltd., GHH RAND GmbH, Ceccato Aria Compressa S.r.l., Mark Compressors S.p.A., Hertz Kompressoren GmbH, Airpol Inc., ABAC S.p.A., Worthington Creyssensac S.A., Alup Kompressoren GmbH, Bolaite (Beijing) Compressor Co. Ltd., Fuda Air Compressor Co. Ltd., Kaishan Compressor Co. Ltd., Denair Compressor Co. Ltd.

Table of Contents
1. Executive Summary
2. Screw Air End Market Report Structure
3. Screw Air End Market Trends And Strategies
4. Screw Air End Market – Macro Economic Scenario
5. Screw Air End Market Size And Growth
…..
27. Screw Air End Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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