Screw Compressor Market, By Stage (Single Stage Screw Compressors, Multi-Stage Screw Compressors), Technology (Portable Screw Compressors, Stationary Screw Compressors), Type (Oil-Injected Screw Compressors, Oil-Free Screw Compressors), End-User (Power Plants, Automotive, Food & Beverage, Others) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022
Chicago, IL -- (SBWIRE) -- 07/20/2017 -- Screw Compressor is a type of rotary compressors that compresses air/gas by screwing mechanism which is a positive displacement technique. The main advantage of Screw Compressor over traditional piston compressor is, it can supply compressed air continuously and can maintain the delivery pressure with minimum fluctuation. Screw Compressor found application in various end-use industries such as in oil and gas, chemical and petroleum, mining and metals, power plants etc. where demand for high pressure air is a prerequisite. These compressors are design to handle challenging conditions with range of gas and air.
The report on the global Screw compressor market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period
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KEY PREMIUM INDUSTRY INSIGHTS
The key reasons driving the growth of the Screw Compressor market includes increasing demand for energy-efficient compressors, low maintenance and operational cost offered by Screw Compressors and rising demand from the developing economies.
Demand for eco-friendly Screw Compressors is one of the key growth opportunity drivers for this market.
However, factors like resistance from the end-use industries to adopt new technology may hamper the growth of the Screw Compressor market.
MARKET SEGMENTATION
This report analyzes the screw compressor market by the following segments:
Screw Compressor Market, by Stage
1. Single Stage Screw Compressors
2. Multi-Stage Screw Compressors
3. Screw Compressor Market, by Technology
4. Portable Screw Compressors
5. Stationary Screw Compressors
Screw Compressor Market, by Type
1. Oil-Injected Screw Compressors
2. Oil-Free Screw Compressors
Screw Compressor Market, by End-User
1. Oil & Gas
2. Chemicals & Petrochemicals
3. Mining & Metals
4. Power Plants
5. Automotive
6. Food & Beverage
7. Others
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