Screw Air Compressor Market - In-Depth Analysis by Size

Screw Air Compressor Market Synopsis

Screw Air Compressor Market Size Was Valued at USD 9.98 Billion in 2023 and is Projected to Reach USD 17.72 Billion by 2032, Growing at a CAGR of 6.59% From 2024-2032

A screw air compressor is a kind of rotary compressor that uses screw action to compress air. This air compressor's primary benefit is its ability to continually supply jets of air with the least amount of conveyance pressure variation. Usually, it is used for lightweight applications up to eight bars.

• The way screw compressors work is by compressing the air as it passes past the rotors. This reduction happens as a result of compression caused by the screw compressor trapping air between two meshing rotors. In settings like hospitals and factories, where equipment dependability and quality are critical, this procedure is especially important.
• The capacity of screw air compressors to deliver a consistent and dependable supply of compressed air is one of its most notable characteristics. They stand out from other kinds of air compressors because of this property, which makes them quite popular for a variety of uses. Rotating screw compressors also have other benefits that make them ideal for transportable and autonomous applications.
• The male and female rotors of a screw compressor rotate in opposing directions. The rotors' ability to pull in and compress air between them is made possible by their revolution. The air is compressed as the space between the rotors gets smaller, and the compressed air is released through the outlet. Until the rotor achieves its maximum speed, this compression action is repeated.
• The machine's internal pressure peaks at the same time that the rotor reaches its maximum speed. This guarantees a steady flow of compressed air, satisfying the needs of multiple businesses and sectors. 

Global Screw Air Compressor Market Trend Analysis:

Growing Applications in The Oil and Gas Sector

• The oil and gas industry's ongoing growth and diversification is the main factor driving the worldwide screw air compressor market. Utilizing dependable and effective air compressor systems is essential as exploration and production operations rise in response to the world's increasing energy demand.  the need for screw air compressors is further fueled by the necessity of compressed air at various phases of oil and gas operations, including exploration, transportation, and refining.
• Screw air compressors are becoming more and more popular since they are more dependable and perform better than conventional diesel compressors. Because of their lower maintenance requirements and energy efficiency, rotary screw compressors are becoming the compressor of choice for the oil and gas industry as it looks to maximize production and cut costs.
• The oil and gas industry's strict safety rules fuel the need for screw air compressors, which provide improved safety features and can function in explosive or volatile environments. Since safety is still the primary concern for oil and gas companies, screw air compressors' dependability and safety features make them invaluable tools for guaranteeing continuous operations while reducing the dangers associated with dangerous settings. The focus on safety and adherence to regulations strengthens screw air compressors' standing as important market drivers worldwide.

Crude oil and its byproducts are extracted, processed, and transported with the help of global screw air compressors, which are essential to the oil industry. The production of unconventional oil, such as tight oil, has increased from 7.8 million barrels per day in 2010 to 17.8 million barrels per day in 2022, with the United States dominating the world in this regard. Russia and Saudi Arabia produce 11.2 and 12.1 million barrels per day, respectively, in close succession. These compressors power drilling, refining, and pipeline maintenance, assuring smooth operations and supporting the sector's sustainability and stability on a global scale thanks to their dependability and efficiency.

The Enhancement in Variable Speed Screw Air Compressors

• Compressors with variable speed drives, or VSDs, offer a major opportunity for improvement in productivity and economy for establishments that experience varying compressed air requirements. Variable speed drives (VSD) compressors alter their working speed in real-time to match the required airflow, in contrast to fixed-speed compressors, which run continuously at maximum speed regardless of demand.
• The capacity of VSD compressors to start and stop at full system pressure eliminates the need for unloading and saves energy and time. This is one of their main advantages. This smooth functioning reduces downtime and guarantees peak performance, especially in settings with different production schedules or several shifts.
• VSD compressors help to keep the air system pressure constant, which reduces leakage and improves the compressed air system's overall reliability. With VSD technology, you can meet varying demands in industrial environments more sustainably while maximizing efficiency and lowering operating costs by accurately supplying compressed air when and where it's needed.

Global Screw Air Compressor Market Segment Analysis:

Global Screw Air Compressor Market Segmented based on Type, Technology, Stage and End-User

By Stage, Single-stage segment is expected to dominate the market during the forecast period

• Single-stage screw air compressors are the industry leaders due to their unmatched efficiency and versatility. Their versatility in the spray painting and tire inflation industries stems from their wide range of pressure adjustment capabilities. They are also a popular option for home and commercial applications due to their small size and low noise levels, which provide convenience without sacrificing performance.
• Their cost-effectiveness is one of the main elements influencing their widespread acceptance. Because single-stage screw air compressors are more affordable than other varieties, companies of all sizes may afford them. Their simplicity of design and low maintenance needs, which minimize operational downtime and costs by allowing service to be performed without the need for highly skilled specialists, further add to their allure.
• Their exceptional dependability and efficiency guarantee dependable performance, satisfying the rigorous requirements of contemporary industries. They provide accurate adjustment capabilities with integrated pressure control systems, maximizing energy efficiency and reducing waste. Single-stage screw air compressors stand out as a dependable core of compressed air systems globally as businesses continue to search for effective and flexible solutions.

By End-User, the Oil & Gas segment held the largest share of 52.34% in 2023

• Air compressors, especially screw air compressors, are essential to the oil and gas sector, as evidenced by their widespread use in a variety of processes. For all applications—from exploration to complex refining procedures to distribution logistics—compressed air proves to be a flexible and essential power source.
• Rotating screw compressors are used extensively in onshore drilling operations, ranging from small-scale initiatives to large-scale industrial projects, due to their dependability and efficiency.
• The oil and gas industry becomes the leading force in the larger global screw air compressor market. The industry continues to be a major force behind innovation and development in compressor technology because of its widespread presence and variety of requirements.
• The oil and gas industry is anticipated to depend more heavily on rotary screw compressors as the need for energy rises, especially in emerging nations. This will solidify the compressors' status as essential components that power the global energy infrastructure.

Global Screw Air Compressor Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast Period

• China's strong manufacturing base and technological advancements have allowed it to produce high-quality compressors at reasonable prices, contributing to its dominance in the APAC screw air compressor market. Furthermore, the sizeable domestic market in China provides a strong platform for industry expansion, encouraging economies of scale and innovation.
• This dominance is further strengthened by supportive government policies, which enable both local and foreign market expansion. The demand for dependable compressed air solutions is fueled by China's strategic focus on infrastructure development in Asia-Pacific, and Chinese manufacturers can effectively address a wide range of industry needs by leveraging their substantial distribution networks and export capabilities.
• China's dedication to sustainability is in line with the environmental concerns of the area, spurring innovation in the direction of eco-friendly and energy-efficient compressor solutions and securing its leadership in the APAC screw air compressor market.

Active Key Players in the Global Screw Air Compressor Market

• Chicago Pneumatic (U.S.)
• Gardner Denver (U.S.)
• Cook Compression (U.S.)
• Quincy (U.S.)
• Sullair (U.S.)
• Enerflex (Canada)
• Kaeser (Germany)
• AERZEN (Germany)
• GEA Group (Germany)
• BOGE (Germany)
• Siemens (Germany)
• Man Energy Solutions (Germany)
• Kaeser Kompressoren (Germany)
• Bauer Kompressoren (Germany)
• Sabroe (Denmark)
• Atlas Copco (Sweden)
• Ingersoll Rand (Ireland)
• Suzler Ltd (Switzerland)
• Johnson Controls (Ireland)
• Design (China)
• Indo-Air Compressors Pvt. Ltd. (India)
• Ciasons Industrial Inc. (India)
• Ebara Corporation (Japan)
• Hitachi (Japan)
• Kobelco (Japan) and Other major players

Key Industry Developments in the Global Screw Air Compressor Market:

• In April 2024, A global leader in air compressor technology announced the launch of the EG SP (Super Premium) series. This latest addition to the acclaimed EG series of oil-lubricated screw air compressors marked a significant step forward in compressed air efficiency, offering up to 15% energy savings and setting a new standard in the industry for the 90-110kW compressor category. The EG SP models were designed with state-of-the-art two-stage airends that incorporated the n-V profile rotors. This design enhanced the compression process and reduced specific power consumption by up to 15%.
• In March 2024, Pacific Sales & Service, Inc. (Pacific Air Compressors) were incorporated into the Atlas Copco Group, as per the company's announcement. Pacific Air Compressors, which specialized in distributing compressors, associated spares, and accessories, employed 15 individuals and was situated in Portland, Oregon, within the U.S. and the acquired business became part of the compressor technique service division.