Screw Compressor Market Outlook
April 16, 2025 – Screw Compressor Market Expected to Reach USD 13.1 Billion by 2034, Growing at a CAGR of 4.5%
The global screw compressor market size was valued at USD 12.14 billion in 2024. The market is projected to grow from USD 12.71 billion in 2025 to USD 19.51 billion by 2034, exhibiting a CAGR of 4.9 % during 2025–2034. This growth is fueled by the increasing demand for energy-efficient solutions in industrial refrigeration, air compression, and HVAC systems, as well as technological advancements in compressor design and functionality. Screw compressors are favored for their reliability, durability, and efficiency in various applications, ranging from manufacturing and food preservation to HVAC systems and oil and gas operations.
Market Overview
Screw compressors are widely used mechanical devices that utilize a rotating screw mechanism to compress air or gas. Unlike reciprocating compressors, which rely on pistons to compress air, screw compressors offer continuous compression, making them ideal for applications requiring constant airflow. Their key advantages include high efficiency, low noise, and the ability to operate in demanding environments.
The screw compressor market benefits from a broad array of applications, especially in industries such as manufacturing, food and beverage, automotive, and chemicals. These industries require reliable, long-term solutions for compressed air needs. Furthermore, growing awareness about energy consumption and environmental sustainability is pushing industries toward adopting more energy-efficient and eco-friendly compressor technologies.
With the increasing focus on reducing operational costs and improving performance, industries are shifting toward advanced screw compressors that offer variable speed drives, automation, and integration with IoT technologies. As a result, the demand for these compressors is expected to grow exponentially in the coming years, contributing to market expansion.
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Key Companies in the Screw Compressor Market
The screw compressor market is highly competitive, with several global players contributing to the development and growth of the industry. These companies focus on enhancing product efficiency, reducing energy consumption, and expanding their product portfolios to cater to a wide range of applications.
- Atlas Copco: A leading player in the screw compressor market, Atlas Copco offers a broad range of air compressor systems, including oil-free and oil-injected screw compressors. The company is known for its commitment to sustainability and energy-efficient solutions for various industrial applications.
- Ingersoll Rand: Ingersoll Rand is a key player in the market, providing screw compressors with advanced features like variable speed drives and energy-efficient systems. The company is a pioneer in manufacturing equipment for industrial applications, including air compression, HVAC systems, and industrial gases.
- KAESER Kompressoren: KAESER is a renowned German manufacturer specializing in the production of screw compressors. The company offers a comprehensive range of products designed for industrial, automotive, and manufacturing applications, with an emphasis on energy-efficient and reliable systems.
- Sullair: A global leader in air compressor systems, Sullair offers both oil-free and oil-injected screw compressors. The company is known for its high-performance machines, which are designed to handle demanding applications in industries such as manufacturing, mining, and automotive.
- Carlyle Compressors: Carlyle Compressors manufactures screw compressors for a variety of industrial applications, with a focus on energy-efficient and environmentally friendly solutions. The company’s products are used in industries such as HVAC, refrigeration, and oil and gas.
- Gardner Denver: Gardner Denver is a prominent manufacturer of screw compressors, offering solutions for industries ranging from automotive and aerospace to healthcare and food processing. The company is known for providing innovative and customized solutions to meet specific customer needs.
- Boge Compressors: Based in Germany, Boge is a well-established player in the screw compressor market, with a focus on providing energy-efficient and environmentally sustainable solutions. The company’s product range includes both oil-free and oil-injected screw compressors, serving industries like food and beverage, automotive, and manufacturing.
Report Scope
Screw Compressor Market, Stage Outlook (Revenue, USD Million, 2020-2034)
- Solutions
- Services
Screw Compressor Market, Power Source Outlook (Revenue, USD Million, 2020-2034)
- On-premises
- Cloud
Screw Compressor Market, Technology Outlook (Revenue, USD Million, 2020-2034)
- Bias Detection & Mitigation
- Governance & Compliance
- Privacy Management
- Security & Anomaly Detection
Screw Compressor Market, Type Outlook (Revenue, USD Million, 2020-2034)
- AI Technology Security
- Data Anomaly Detection
- Data Protection
- Others
Screw Compressor Market, End User Outlook (Revenue, USD Million, 2020-2034)
- Banking, Financial Services, And Insurance (BFSI)
- Government
- Healthcare
- IT & Telecommunication
- Manufacturing
- Media & Entertainment
- Retail & E-Commerce
- Others
Screw Compressor Industry Developments
February 2024: Elgi Equipments unveiled the PG 550-215 trolley-mounted portable screw compressor at the 12th edition of India Stonemart 2024, held at the Jaipur Exhibition and Convention Centre (JECC) in Rajasthan, India. This new product is designed to provide a portable, high-performance air compression solution for the construction and mining sectors, offering enhanced mobility and reliability in demanding environments.
October 2023: Comp Air, a leading global provider of energy-efficient compressors, dryers, and accessories, introduced its latest innovation in screw compressor technology—the RL Series RL30-160. This oil-lubricated screw compressor offers outstanding energy savings, durability, and a compact design, making it ideal for a wide range of industrial applications. The new series aims to meet the growing need for reliable and cost-effective compressed air solutions.
April 2023: Kaishan USA, a global leader in industrial air compressors, launched its KRSL Series of low-pressure rotary screw air compressors. The new series is designed to deliver energy-efficient performance and reduced operational costs, making it ideal for applications that require low-pressure air compression. This product expansion strengthens Kaishan USA’s position in the industrial air compressor market by offering more versatile and reliable solutions to meet diverse customer needs.
Conclusion
The screw compressor market is poised for significant growth, driven by advancements in compressor technology, increasing demand for energy-efficient solutions, and the expanding industrial base in developing regions. With applications spanning industries like manufacturing, food and beverage, oil and gas, and automotive, screw compressors are set to remain a key component of operations requiring reliable and efficient air compression. As industries continue to innovate and adopt more energy-efficient solutions, the screw compressor market will play a vital role in supporting these changes and driving the global economy forward.
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