The global screw compressor market size is expected to reach USD 19.51 billion by 2034, according to a new study by Polaris Market Research. The report “Screw Compressor Market Size, Share, Trends, Industry Analysis Report: By Type (Oil Free and Oil Injected), Stage, Technology, Power Source, End User, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Screw compressors are widely used in various industries such as oil & gas, food & beverage, pharmaceuticals, automotive, and construction due to their ability to provide a continuous supply of compressed air with minimal energy consumption. These compressors operate by using two interlocking helical rotors that compress air efficiently.
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The rapid industrialization and expansion of manufacturing activities across the globe are propelling the screw compressor market growth. In the manufacturing sector, screw compressors play a crucial role in powering pneumatic tools, automated machinery, and assembly lines. The ability of these compressors to deliver consistent and high-pressure compressed air makes them crucial for production processes in industries such as automotive, electronics, and textiles. The growing demand for consumer goods and the rise of e-commerce have further fueled the expansion of manufacturing plants, leading to an increased need for reliable and energy-efficient screw compressors.
Government initiatives aimed at promoting industrial growth, such as "Make in India" and "Made in China 2025," are encouraging domestic and foreign investments in manufacturing sectors. These initiatives emphasize the need for advanced and efficient machinery, further boosting the screw compressor market demand.
By Type Outlook (Revenue, USD Billion, 2020-2034)
By Stage Outlook (Revenue, USD Billion, 2020-2034)
By Technology Outlook (Revenue, USD Billion, 2020-2034)
By Power Source Outlook (Revenue, USD Billion, 2020-2034)
By End User Outlook (Revenue, USD Billion, 2020-2034)
By Regional Outlook (Revenue, USD Billion, 2020-2034)
Report Attributes |
Details |
Market Value in 2024 |
USD 12.14 Billion |
Market Forecast in 2025 |
USD 12.51 Billion |
Revenue Forecast by 2034 |
USD 19.51 Billion |
CAGR |
4.9% from 2025 to 2034 |
Base Year |
2024 |
Historical Data |
2020–2023 |
Forecast Period |
2025–2034 |
Quantitative Units |
Revenue in USD Billion and CAGR from 2025 to 2034 |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
|
Regional Scope |
|
Competitive Landscape |
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Report Format |
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Customization |
Report customization as per your requirements with respect to countries, regions, and segmentation. |
For Specific Research Requirements |