As per the current market research conducted by the CMI Team, the global Rotary Screw Compressor Market size is expected to record a CAGR of 4% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 5.1 Billion. By 2033, the valuation is anticipated to reach USD 7.3 Billion.
Rotary Screw Compressor Market: Growth Factors and Dynamics
- Increasing Demand for Clean Air Solutions: A growing demand exists for clean and contaminants-free air for processes in industries. Rotary screw compressors, especially oil-free ones, are vital, especially in production facilities that require high-quality air, such as pharmaceuticals, food and beverage industries, and electronic manufacturing industries.
- Rising Adoption of IoT and Smart Technologies: The Internet of Things (IoT) and other intelligent technologies that have found their way into industrial equipment, such as rotary screw compressors, have added monitoring and maintenance features. Real-time data analysis and the remote monitoring system enhance productivity and predictive maintenance.
- Growing Renewable Energy Sector: There is a significant development in the renewable energy segment and wind and solar power plants need compression systems in several processes. Rotary screw compressors are involved in the upkeep & running of renewable power systems.
- Enhanced Focus on Reliability and Uptime: Business entities strive to reduce the time their industries are out of service. Rotary screw compressors are typically reliable hence ideal for essential applications that must be constant.
- Increasing Use in HVAC Systems: Rotary screw compressors are in demand due to HVAC systems in residential, commercial, and industrial applications. These compressors are essential in efficiently running heating, ventilation, and air conditioning equipment.
- Advancements in Compressor Control Systems: Advances in compression control systems, including Variable Frequency Drives (VFDs) and newer control techniques, have enhanced energy efficiency and utilization. These advances enable the compressor to manage different types of demand conditions adequately.
- Rising Demand for Aftermarket Services: The rising base of rotating screw compressors is fueling growth in demand for aftermarket services such as offering maintenance, repair as well as spare parts. This trend helps to strengthen the market’s overall development by guaranteeing long-term efficiency of market operations.
- Expansion in Chemical and Petrochemical Industries: The chemical and petrochemical industries involve several processes that demand effective compression systems. Rotary screw compressors are applied in these industries for compression, processing, and moving gases.
- Increasing Investments in Research and Development: Rotary screw compressor manufacturers are focusing on product development as the key strategy for future market growth. This focus on R&D is causing the invention of improved and more efficient compressors.
- Adoption of Green Manufacturing Practices: The move towards sustainable production and green manufacturing is contributing to the adoption of efficient rotary screw compressors. These compressors assist industries with meeting emissions requirements set by governments across the globe.
- Growing Popularity of Leasing and Rental Services: The existence of leasing and rental services applied to the rotary screw compressor is beneficial since it can help SMEs to get the finest equipment without paying hefty prices for the ownership. In this capacity, this trend is helping to boost the market because it is expanding the pool of customers.
- Enhanced Distribution Networks: The development of distribution networks and cooperation with local distributors and service providers is improving the coverage of rotary screw compressors on the market. This increased convenience is accelerating people’s adoption in different regions and sectors.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 5.1 Billion |
Projected Market Size in 2033 | USD 7.3 Billion |
Market Size in 2023 | USD 4.8 Billion |
CAGR Growth Rate | 4% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Type, Power Rating, End Use and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your research requirements. |
Rotary Screw Compressor Market: New Product Launch
- In March 2024, Power Equipment Direct announced a new partnership with Kaishan USA to bring shorter lead times and higher efficiency rotary screw compressors. This collaboration aims to enhance the availability and efficiency of rotary screw compressors, catering to the growing demand for reliable and energy-efficient industrial equipment. The new line of compressors will feature advanced technology designed to improve performance and reduce operational costs, ensuring businesses can access high-quality machinery with reduced waiting times.
- In April 2024, Atlas Copco proudly introduced B-Air, the world’s first battery-powered portable air compressor. Engineered to meet the diverse needs of industries seeking sustainable solutions, this innovative air compressor delivers high efficiency and performance akin to traditional models. It features cutting-edge battery technology and can effortlessly operate in various environments.
- In October 2023, Kaishan USA launched a new industrial oil-free rotary screw compressor. Engineered to meet the varied needs of industries requiring contamination-free air, this innovative compressor delivers high-quality performance akin to traditional oil-lubricated models, featuring advanced technology and the ability to operate efficiently in various industrial applications.
List of the prominent players in the Rotary Screw Compressor Market:
- Atlas Copco AB
- Ingersoll Rand Inc.
- Siemens AG
- Gardner Denver Holdings Inc.
- Sullair LLC
- Kaeser Compressors
- Hitachi Ltd.
- Quincy Compressor LLC
- BOGE Compressors
- Bauer Kompressoren
- Elgi Equipments Ltd.
- Chicago Pneumatic
- Hertz Kompressoren
- MAT Industries LLC
- Doosan Portable Power
- Campbell Hausfeld
- FS-Curtis
- Kaishan Compressor USA
- Airman
- Compare
- Others
The Rotary Screw Compressor Market is segmented as follows:
By Type
- Oil-Free
- Oil-Injected
By Power Rating
- Low
- Medium
- High
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