Global Rotary Screw Compressor Market 2024–2033

Reports Description

As per the current market research conducted by CMI Team, the global Rotary Screw Compressor Market 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.

The historical and predicted graphs of central air conditioners and Air-Source Heat Pumps’ production data are presented for the years 2018 to 2023. Since then, there have been periodic ebbs and flows in the development and implementation of these systems. For instance, the central air conditioner market grew to 6,282,285 in 2021 and 5,040,042 in 2023.

Likewise, Air Source Heat Pump Manufacturing escalated from 2,920,080 in 2018 to 4,334,479 in 2022 and descended to 3,616,632 in 2023. These trends in the HVAC industry are indicative of increasing demand for better and more efficient compressor technologies like Rotary Screw Compressors, which are essentials in today’s air conditioning technologies and heat pump systems.

The demand for improved Rotary Screw Compressors used in HVAC systems has matched industrial variations and/or economic changes. Since industries need to improve energy usage for compression and operations and reliability, this is good that the Rotary Screw Compressor Market is going to be crucial in addressing the HVAC sector’s needs to perform optimally as requested.

Rotary Screw Compressor Market – Significant Growth Factors

The Rotary Screw Compressor Market presents significant growth opportunities due to several factors:

• 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 smart 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 for 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 enhancing the coverage of rotary screw compressors on the market. This increased convenience is accelerating people’s adoption in different regions and sectors.

Rotary Screw Compressor Market – New Launches and Partnership

The Rotary Screw Compressor Market has seen several new launches and partnerships in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of product launches in the Rotary Screw Compressor Market include:

• 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.

These product launches and partnerships helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Rotary Screw Compressor Market. The trend is expected to continue as companies seek a competitive edge in the market.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Rotary Screw Compressor Market – Significant Threats

The Rotary Screw Compressor Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

• Economic Downturns: Fluctuations in the economy, especially when economic downturns are likely to affect industrial operations through the reduction in expenditure towards procuring new equipment, affecting the market size. Such an economic uncertainty threatens the stability of the market significantly.

• Intense Competition: It also means threats of market entry by established players and new entrants. Markets are highly price sensitive and deliver low margins, and there is constant pressure to develop new differentiation strategies. The business has to perform changes to sustain market presence.

• Technological Obsolescence: Technological advancement at a fast rate may lead to early models becoming outdated, resulting in manufacturers having to invest in new machines to meet industry standards. Hence, there is the need to continue to empower the organization through innovations that will help combat the ever-changing technology trends in the marketplace.

• Supply Chain Disruptions: Product changes and new product launches, issues within the supply chain, regulatory changes, or even political unrest in different regions can impact overall manufacturing cost, delivery time, or even inventory availability for contemporary product markets. They can strongly affect the time and expenses of producing cars for electric-mobility sectors.

• Regulatory Challenges: More stringent provisions to materials and manufacturing processes could ultimately raise compliance costs and restrict product design options, depriving the markets of innovation. Compliance with these regulations calls for reasonably significant capital and innovation.

• Pandemic Impact: COVID–19 has mostly affected the manufacturing and distribution processes, which risks affecting the market for industrial products due to reduced demand. The problems of supply chain and market diversification have become especially acute due to the pandemic.

Category-Wise Insights

By Type:

• Oil-Free: Oil-free rotary screw compressors are commonly used in industries that cannot accept any air contamination, including the pharmaceuticals and the food and beverages industries. The adoption drivers for these compressors are efficiency and low maintainability. This clean air supply is essential in applications such as removing oily fumes by filtration due to the lack of contamination.

• Oil-Injected: Oil-injected compressors are quite popular in large industries due to their reliability and efficiency. Technological advancements in oil filtration and separation technologies are increasing their effectiveness. These compressors are preferred due to the efficiency and durability of the equipment in such settings.

By Power Rating:

• Low: Low power rating compressors are ideal for small businesses and amateur workshops. Their small form and cost efficiency make them suitable for use in small businesses and do-it-yourself projects. They are an economical way of undertaking an activity, although not very intensive.

• Medium: Medium power rating compressors are used in medium-scale industries and manufacturing industries. Their features include considering an organization’s performance and the costs involved, thus helping push demand in different markets. These compressors are multitalented and cover many areas of operations.

• High: High-power rating compressors are built with large industrial usage in mind, where operation is persistent and demanding. Many of them have heavy-duty construction and several features to please large industrial concerns such as manufacturing plants and refineries. They supply the demanded power and stability for significant usage.

By End Use:

• Manufacturing: Rotary screw compressors form a significant part of the manufacturing industry, where many pneumatic tools, machinery, and equipment require a source of compressed air. The manufacturing segment stimulates this category’s development. These are essential in ensuring production is constant and not interrupted most of the time.

• Energy: The energy sector utilizes rotary screw compressors for purposes of expression of gas as well as for processing of the same. More growth comes from the rising need for energy efficiency, which drives this segment. Compressors are mainly used to enhance efficiency in energy generation and management.

• Automotive: In the automotive industry, rotary screw compressors act as assembly line equipment, paint, and inflate tyres. This has boosted the demand for these compressors because of the current increased growth of the automotive industry. They facilitate several production and maintenance processes to run efficiently.

• Aerospace: The aerospace industry needs highly dependable and high-performance compressors for several applications, such as aircraft refurbishment and production. New aerospace technology systems influence this segment. To some degree, compressors are crucial for the safety and optimization of aerospace activities.

• Mining: In mining operations, rotary screw compressors find application in drills, blasting applications, and ventilation. Growing mining operations and the need for effective and efficient equipment drive this segment. These compressors are designed hard to cope with the environment and conditions of the mining industry.

Report Scope

Rotary Screw Compressor Market – Regional Analysis

The Rotary Screw Compressor Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:

• North America: A robust industrial structure and a demand for effective machinery are the main reasons why rotary screw compressors are so popular in the region. Some other factors contributing to market growth include the availability of key manufacturers and strategic market emphasis on energy efficiency and sustainability factors. Due to increased capital investments in industrial automation, together with technological improvements, the competencies and application of rotary screw compressors have been inclined in the region. Also, the strain toward attaining high operational efficiency and low emissions is compelling manufacturers to seek dependable and more efficient compressor types.

• Europe: Rotary screw compressor is widely used in Europe due to its high demand in countries such as Germany, France, and UK because of the active industrial sector. This region’s demand results from technology and the push for businesses to minimize carbon emissions. European environmental requirements perpetuate using efficient compressors and pressure industries to replace their current equipment. Perhaps it is due to the government’s support of green technologies, sustainable industrialization, and practices that foster market growth.

• Asia-Pacific: The Asia-Pacific region is the key market for rotary screw compressors at the present moment, as the growth in this sector is steadily increasing due to the active development of industrialization and urbanization processes. For instance, China, India and Japan are seen to lead in this demand and the number is expected to rise especially from manufacturing and energy industries. Huge investments in infrastructural development and the broadening of industrial operations are influential factors in this area. Also, the improving industrial efficiency resulting from developing the region’s economy is another reason that has also led to the adoption of advanced technology compressors.

• LAMEA (Latin America, Middle East, and Africa): The LAMEA rotary screw compressors market remains relatively unestablished and expanding due to the growing levels of industrialization and infrastructural development. There is a huge demand for energy-efficient products that can help the region with energy-saving, particularly with the region developing economically and industrializing. Modern industrial development is being pursued at a good pace in the countries within this region and this has been leading to tremendous potential for the uptake of modern rotary screw compressors. This is also in line with a focus on sustainable development and energy conservation tendencies on the global level, which in turn continues to provide fundamental support to the growth of LAMEA’s market.

Competitive Landscape: Rotary Screw Compressor Market

The Rotary Screw Compressor Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:

• 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

These companies’ activities can be seen within various market strategies, such as new product development, acquisitions, and affiliations.

New entrants are applying the following strategy after they have positioned their selves in the markets to compete with players in the Rotary Screw Compressor markets. These strategies aim to utilise technologies, respond to market trends, and build competitive advantage. Such players tend to invest in new product and solution development, customization, emerging geography focus, cost advantage with product differentiation, customer-centric orientation, green offerings, and more excellent brand and marketing investment.

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