Screw Air End Market Current and Future Trends, Leading Players, Industry Segments and Regional Forecast By 2032 | Says FMI Analyst

 The global screw air end market is set to reach a valuation of US$ 4 Bn in 2022. Expanding at a 4.5% CAGR, the market valuation is set to reach US$ 6.2 Bn by 2032.  

According to Future Market Insights, growing usage of screw air compressor will significantly augment sales in the oil and gas, energy and transmission, and automotive and aerospace will augment the growth in the market over the forecast period. As the screw air end is a key unit in a rotary screw air compressor, it is responsible for the compression process of the air after the suction.

Manufacturers are expanding their product lines with new screw air end compressors. These air compressors are designed to be extremely energy efficient; oil-injected screw air end compressors may cut energy usage by up to 50%. This endeavour improves the compressor's efficiency by 15%, and it's meant to take up less space, generate less noise, and give 12 per cent more free air than prior models.

In the Global Screw Air End market categorized based on Technology, the “Stationary” have relative importance than others due to heavy usage in most applications. Stationary compressors are then divided into two segments oil-lubricated and oil-free. Stationary air compressors are a great option for home or professional shops that don't need the unit to move. Electric variants are especially popular since they require less maintenance, are suitable for indoor usage, and are quieter than gasoline-powered models.

“Rising adoption of oil-free compressors, along with growing impact of insutrial automation across emerging economies will augment the growth in the market over the forecast period,” says an FMI analyst.

Key Takeaways:

  • Based on technology, the stationary compressors segment will create an absolute dollar opportunity of US$ 2 Bn over the forecast period.
  • By end-use, the oil and gas sector will offer an absolute dollar opportunity of US$ 431.6 Mn over the assessment period.
  • Sales in the U.S. screw air end market are forecast to grow at a 3.3% CAGR through 2032.
  • India will emerge as a lucrative market, with total sales surpassing US$ 358.9 Mn by 2032.

Competitive Landscape

The screw air end market is consolidated with leading players acquiring around 55% to 65%  of the total market share. These players are likely to invest in new technology developments and expansion of their distribution networks to maintain their market presence.

Some of the key players in this industry include Atlas Copco, Ingersoll Rand, KOBELCO, Hitachi, KAESER, IHI Rotating Machinery, and others.

Access Full Report: https://www.futuremarketinsights.com/reports/screw-air-end-market

Comments

Post a Comment

Popular posts from this blog

Drum Pump Market Competitive Growth Strategies Based on Type, Applications, End User and Region

 Industrialization is increasing in developed and developing country due to industrialization demand of the oil and lubricant is growing. Oil, lubricant and such kind of liquids are stored in tanks, drums, and barrels etc. Drum pump is kind of portable, small and lightweight solution for emptying the liquids from tanks, drums, and barrels etc. Drum pump is suitable for diesel oil, gasoline, engine oil, vegetable oil, milk, hydraulic oil, acid, alcohol and some other lubricative and corrosive liquid transfer. Get | Download Sample Copy with Graphs & List of Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-5312 Many industrial fluids being very heavy once they are filled into a drum and barrel. Forgetting the liquid outside the drum or barrel manufacturer use drum pump instead of trying to get the liquid by tipping. High demand of the drum pump is generated by the various industries and it is expected to grow during the forecast period. Drum pump is the best s
Read more

Industrial Relay Market Competitive Growth Strategies Based on Type, Applications, End User and Region

In order to protect the equipment from high voltages and fault currents relays are used to isolate the equipment from the system. Relay sense the input voltage if it reaches the peak voltage called threshold limit it controls the input voltage if the input voltage exceeds the peak voltage limit it will trigger a signal to circuit breaker. Circuit breaker is a device used to make or break the circuit from the live to protect the complete system from short circuits. Get | Download Sample Copy with Graphs & List of Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-5158 Industrial relays are essential to protect the equipment in the system. Several relays operate in industrial applications such as SSR solid state relay, Electro-mechanical relay, overload protection relay, latching relay and other relays. Solid state relay (SSR) switching is completely electronic base where as in electromechanical, operation completely based on opening and closing moving contacts
Read more

Platform Lifts Market: Notable Developments & Geographical Outlook

Market: Introduction Platform lifts are primarily designed to give reasonably priced access to people who have difficulty with a staircase. These platform lift are available in the market with different size and shape according to the application. Platform lifts are installed in low rise buildings where passenger lifts are not available. Each platform lifts has different advantage depending on the installed area and the functionality of the lift in the needed area. Platform lifts are used in both indoor and outdoor application in residential and commercial buildings. Segmentation of platform lifts is based on the installation platform such as vertical, inclined and portable platform; inclined platform lift has impeccable accessibility options in buildings with space constraints. Furthermore, vertical platform lift ensure safety and secure access in vertical direction, however portable platform lifts are simple and easy to use accessibility options. Platform lifts provide access to di
Read more