Global AC Screw Air Compressor Market Size Likely to Grow at a CAGR of 4.06% By 2033

As per the current market research conducted by the CMI Team, the global AC Screw Air Compressor Market size is expected to record a CAGR of 4.06% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 4.95 Billion. By 2033, the valuation is anticipated to reach USD 7.08 Billion.

AC Screw Air Compressor Market: Growth Factors and Dynamics

• Increasing Industrial Automation: Increasing automation in manufacturing and other industries is increasing the demand for AC screw air compressors. The various industrial interfaces that need compressed air in operations make durable and efficient compressor systems as industries move towards automation interfaces. The modern trend towards automation requires sophisticated tools, and this is why the AC screw air compressors can be considered as vital equipment in the sphere of industrial automation.

• Rising Energy Costs: Global energy prices have risen and companies are forced to embrace energy-saving measures. Because of their capabilities, the specific AC screw air compressors have now emerged to be more popular as industries strive to cut costs of operations and become more environmentally friendly. It is due to this that they play a popular economic solution of energy among industries faced with rising energy costs.

• Expansion of End-Use Industries: The end-use industries like manufacturing, energy, and automotive around the world are boosting the demand for AC screw air compressors. To support market demands, these industries need competent and durable compressors for production processes. And since these sectors are on the rise, there is a need to counter this by investing in high-performance compressors for various industrial uses.

• Growth in Mining and Exploration Activities: Emergent economy; as mining and exploration intensify, the uptake of AC screw air compressors with high capacities and durability is also expected to rise. These compressors are useful for heavy industries, in sectors like mining, and performance, reliability, and durability make them ideal for use in the mining industry.

• Environmental Regulations: Regulatory advancement in emission control and energy usage is fostering industries to incorporate advanced AC screw air compressors in the production line. The existence of regulations puts pressure on industries to search for models of compressors that are environmentally friendly and that adhere to the set rules.

• Increasing Infrastructure Development: The construction industries and other industries in emerging economies occupy the main role in increasing the demand for AC screw air compressors as they supply power to equipment in large construction industries. Continued commitment to infrastructure and city development is a key factor boosting market development.

AC Screw Air Compressor Market: New Launches and Partnerships

• In July 2024, Atlas Copco launched the XAIR 1200-4 Portable Air Compressor. Planned to meet the varied needs of construction and rental industries, this compressor delivers reliable performance like a stationary unit, featuring advanced control systems and the ability to provide optimal air output effortlessly in demanding environments.

• In December 2023, Cummins Arabia and Sullivan-Palatek formed a strategic alliance to distribute portable air compressors in the UAE. Planned to meet the varied needs of industrial and construction sectors, these compressors deliver high-performance air output like top-tier equipment, featuring advanced reliability and the ability to operate efficiently in diverse and challenging environments.

• In November 2023, Daikin Air-conditioning India Pvt Ltd, a subsidiary of Daikin Industries Ltd, Japan, commercialized its integrated air-conditioning and compressor manufacturing facility at Sri City in Andhra Pradesh. The new facility, spread across 75.5 acres, can manufacture 1.5 million room air-conditioners (ACs) and 3 million compressors for room ACs p.a.

Report Scope

AC Screw Air Compressor Market: COVID-19 Analysis

The COVID-19 pandemic has significantly impacted the AC Screw Air Compressor Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:

• International Trade and Business Disruption: The COVID-19 pandemic situation has impacted the AC Screw Air Compressor Market by disrupting international trade and business. Lay down some measures due to which the movement of people and goods has been restricted, resulting in a change in the supply chain and manufacturing processes of AC screw air compressors.

• Demand Fluctuations: Consequently, disruption occurred in many areas such as the manufacturing sector, construction, and energy industries that are the primary users of AC screw air compressors. Measures such as lockdowns, disruptions in the supply chain, and reduced operations in industries impacted manufacturing in these sectors. Several existing projects experienced some form of paralysis or a slowdown in activities because of the pandemic, hence low demand for AC screw air compressors.

• Regulatory Framework and Market Restraints: The novel COVID-19 has impacted the regulatory environment of the usage of industrial equipment through likely alterations within safety standards and regulations within the market. Several problems have emerged due to the pandemic, such as high costs, technical constraints, and shortages of human resources, which have been a challenge towards the growth of the market.

• Operational Challenges: Setting up health and safety measures and standards in production plants was an added operation cost and enhanced uncertainties to manufacturing. Labor shortages and disruptions due to illness and quarantine measures in the manufacturing sector had an impact on the size of the AC screw air compressor market.

• Adaptive Strategies and Focus on Innovation: The pandemic forced firms to transition to work from home policies for employees, use more technology in business promotion, and develop multiple suppliers for products or services. Certain companies aimed at upgrades to AC screw air compressors by adding more capabilities of remote sensing, and higher efficiency to meet the emerging requirements of industries.

• Technological Advancements: As innovative technologies are periodically unveiled in the field of compressors including advanced rotors, Artificial Intelligent management, and manufacturing enhanced connectivity; it is now chiselling out scopes for other applications which are adding tremendous scopes for growth in the market of AC screw air compressors. Some of these are intended to enhance operational effectiveness and others are intended to decrease maintenance expenses.

• Automation Push: The pandemic showcased how automation could be used in production and industries to reduce a company’s dependence on manual labor. This may have led to a modest increase in SEL of the Air Screw Compressor with automatic AC screw air compressor, especially in applications that continued to buzz during lockdowns including manufacturing industries adopting more of the automatic processes and smart industries.

• Focus on Sustainability: There is also another trend, which is the use of sustainable important machines, which is an effort by many producers to produce models with reduced power consumption as well as have more minimized waste. This trend goes hand in hand with the overall trend of the rising concern of industrial and regulatory organizations on green business.

In conclusion, the COVID-19 pandemic has had a mixed impact on the AC Screw Air Compressor Market, with some challenges and opportunities arising from the pandemic.

List of the prominent players in the AC Screw Air Compressor Market:

• Atlas Copco AB
• Ingersoll Rand
• Kaeser Compressors
• Sullair LLC
• Gardner Denver Inc.
• BOGE Compressors
• Bauer Kompressoren GmbH
• Quincy Compressor LLC
• Elgi Equipments Limited
• Hitachi Industrial Equipment Systems Co. Ltd.
• BOGE Compressors
• Fusheng Group
• CP Compressors
• Kaishan Compressor
• Shanghai Denair Compressor
• Almig Kompressoren
• Hertz Kompressoren
• Hanbell Precise Machinery
• Chicago Pneumatic
• Doosan Portable Power
• Others

The AC Screw Air Compressor Market is segmented as follows:

By Type

• Oil-Free
• Oil-Injected

By Application

• Stationary
• Portable

By End Use

• Manufacturing
• Energy
• Automotive
• Aerospace
• Mining

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America