Global AC Screw Air Compressor Market 2024–2033

Reports Description

The CMI Team’s most recent market research predicts that from 2024 to 2033, the global AC screw air compressor market will grow at a CAGR of 4.06%. In 2024, the market size is projected to reach a valuation of USD 4.95 Billion. By 2033, the valuation is anticipated to reach USD 7.08 Billion.

Yearly sales of central air conditioners between 2018 and 2023 displayed a rather irregular, but long-term upward trend in consumer interest towards air conditioning, as is evident from other market productions in the HVAC industry that have a close relationship to the AC Screw Air Compressor Market.

The trend of increasing sales till 2021 also confirms the efficiency and reliability of cooling systems in residential and commercial establishments. This flow in demand has a direct impact on the AC Screw Air Compressor Market because these compressors are major necessities in the current generation of air conditioning systems.

The growing popularity of central air conditioners means that new highly efficient motor compressors must be developed to satisfy the demand for powerful, sophisticated air conditioning systems. The AC Screw Air Compressor Market for air conditioning is predicted to extend rapidly in the years ahead due to the unending application of air conditioning systems and the frequent development of compressor products.

Increased sustainability and energy efficiency also contribute to this growth, forcing manufacturers to develop and broaden their product lines to serve the HVAC market.

AC Screw Air Compressor Market – Significant Growth Factors

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

• Increasing Industrial Automation: Increasing automation in manufacturing and other industries is increasing the demand for AC screw air compressors. The various industrial interfaces that need compressed air in operations make durable and efficient compressor systems as industries move towards automation interfaces. The modern trend towards automation requires sophisticated tools, and this is why the AC screw air compressors can be considered as vital equipment in the sphere of industrial automation.

• Rising Energy Costs: Global energy prices have risen and companies are forced to embrace energy-saving measures. Because of their capabilities, the specific AC screw air compressors have now emerged to be more popular as industries strive to cut costs of operations and become more environmentally friendly. It is due to this that they play a popular economic solution of energy among industries faced with rising energy costs.

• Expansion of End-Use Industries: The end-use industries like manufacturing, energy, and automotive around the world are boosting the demand for AC screw air compressors. These industries need competent and durable compressors for production processes to support market demands. And since these sectors are on the rise, there is a need to counter this by investing in high-performance compressors for various industrial uses.

• Growth in Mining and Exploration Activities: Emergent economy; as mining and exploration intensify, the uptake of AC screw air compressors with high capacities and durability is also expected to rise. These compressors are useful for heavy industries, in sectors like mining, and performance, reliability, and durability make them ideal for use in the mining industry.

• Environmental Regulations: Regulatory advancement in emission control and energy usage is fostering industries to incorporate advanced AC screw air compressors in the production line. The existence of regulations puts pressure on industries to search for models of compressors that are environmentally friendly and that adhere to the set rules.

• Increasing Infrastructure Development: The construction industries and other industries in emerging economies occupy the main role in increasing the demand for AC screw air compressors as they supply power to equipment in large construction industries. Continued commitment to infrastructure and city development is a key factor boosting market development.

AC Screw Air Compressor Market: New Launches and Partnerships

The AC Screw Air 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 AC Screw Air Compressor Market include:

• In July 2024, Atlas Copco launched the XAIR 1200-4 Portable Air Compressor. Planned to meet the varied needs of construction and rental industries, this compressor delivers reliable performance like a stationary unit, featuring advanced control systems and the ability to provide optimal air output effortlessly in demanding environments.

• In December 2023, Cummins Arabia and Sullivan-Palatek formed a strategic alliance to distribute portable air compressors in the UAE. Planned to meet the varied needs of industrial and construction sectors, these compressors deliver high-performance air output like top-tier equipment, featuring advanced reliability and the ability to operate efficiently in diverse and challenging environments.

• In November 2023, Daikin Air-conditioning India Pvt Ltd, a subsidiary of Daikin Industries Ltd, Japan, commercialized its integrated air-conditioning and compressor manufacturing facility at Sri City in Andhra Pradesh. The new facility, spread across 75.5 acres, can manufacture 1.5 million room air-conditioners (ACs) and 3 million compressors for room ACs p.a.

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

COMPARATIVE ANALYSIS OF THE RELATED MARKET

AC Screw Air Compressor Market: Significant Threats

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

• Economic Downturns: The basic weakness is experienced during economic downturn/recession periods where there is reduced spending on industrial equipment, hence cutting down on the purchase of new AC screw air compressors, thus shrinking the market. Compressors are used in industries where economic difficulties and capital-intensive investments are either postponed or canceled.

• Intense Competition: Established brand players dominate the high-competition market, which puts a lot of pricing pressure and necessitates frequent adjustments, significantly reducing profit margins. Such competitive pressure can put pressure on the manufacturers to contain their expenses and at the same time fund product innovation and marketing.

• Technological Obsolescence: This would imply that with technological development moving at a fast pace, the current models could quickly become outdated, calling for manufacturers to upgrade their machines to Industry. This constant demand for the creation of new products can have negative impacts on the available resources as well as there is a high risk of the current products being made obsolete.

• Supply Chain Disruptions: Production issues; availability of raw materials, difficulty in operations due to long facility delivery time, or inability to meet market stock availability due to changes in geopolitical relations in a global supply chain. All these disruptions can affect the general flow or production and distribution of AC screw air compressors.

• Regulatory Challenges: More stringent restrictions on materials and production methods may result in higher compliance costs, as well as limitations to the product’s functionality that may solve the problem but hinder market development. Modern dynamics in regulation can mean changes in the manner in which a product is produced or designed, increasing cost.

Category-Wise Insights:

By Type

• Oil-Free: There are oil-less AC screw air compressors important in applications that call for zero content of contaminants, including pharmaceutical and food industries. The novelties of these compressors in terms of efficiency and low maintenance costs proved to drive the demand for them. In the case where the quality of air is important for a given process, then Say bolt viscometers cannot be underestimated in that they offer clean air that is free of oil.

• Oil-Injected: The oil-injected type of compressor is common in industries that apply excessive pressure due to its rugged nature and efficiency. Manufacturers are also reporting technological advancements in the areas of oil filtration and separation technologies, which appear to be increasing the general effectiveness of these devices. Such compressors are famous for their stinginess and capacity to work in challenging mechanical industries.

By Application

• Stationary: Screw air compressors are fixed types of air compressors and they are commonly used in industries where a high amount of air pressure is needed. These compressors are fixed/ immersed types of machines and are meant for uninterrupted usage.

• Portable: Screw air compressors are mainly portable AC type since screw air compressors are used in applications where compressed air required at many places must be transported. It is often considered that these compressors are flexible and convenient for numerous applications on-site.

By End Use

• Manufacturing: AC screw air compressors are widely used in industries manufacturing pneumatic tools, machinery and equipment. Growth in the manufacturing sector is what drives this segment. Compressors are crucial components that contribute to the flow of production activities in most manufacturing processes.

• Energy: AC screw air compressors in the energy industry are applied in different ways, like gas compression and processing, among others. The rising need for stickers that can save energy propagates this sector. Compressors are very critical for the continued functionality of energy generation and processing systems.

• Automotive: In automotive applications, AC screw air compressors are applied in the assembly lines painting and tire inflation. The auto industry is expanding, which benefits the use of these compressors. Air compressors make it easy to perform intricate and timely tasks within auto production lines and repair shops.

• Aerospace: In the aerospace industry, the need for reliable and high-performance compressors is essential for uses ranging from aircraft maintenance to manufacturing. This segment is mainly due to progressive development in the aerospace business. compressor plays a crucial role in improving the quality of performance and safety in aerospace operations.

• Mining: AC screw air Compressors are used in the mining segment for drilling, blasting, and ventilation. The mining industry’s expanding trend and the demand for better, more effective equipment are the driving forces behind this segment. Compressors offer the required power and performance with an emphasis on high-stress mining operations.

Report Scope

AC Screw Air Compressor Market: Regional Analysis

The AC Screw Air 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 strong industrial base supplemented by high demand for superior quality machinery forms the driving force of the AC screw air compressors market in North America. Influence major: The manufacturers’ premise, along with an overall focus on energy efficiency and sustainability have a substantial impact on the market. Technological innovations and huge investments in industrial automation and other similar enhancements add to the market growth. The U.S. remains influential to the regional market by its technological development and high industrial production capabilities Canada’s rapid industrialization and focus on environmentally sustainable initiatives also fuel the growth of the regional market.

• Europe: The market for AC screw air compressors is big, especially for those countries, including Germany, France, and the UK. The main industrial processes, technology, and shift toward reducing carbon footprint all support it. Currently, tight environmental standards compel manufacturers of the equipment to develop energy-efficient compressors in the region. Europe has well-developed engineering and manufacturing industries that in turn create demand for high-performance relief compressors. The market is also concerned with programs concerning industrial process automation and environmental concerns, with key nations in Europe pushing for more research and development for enhanced compressor technologies.

• Asia-Pacific: The AC screw air compressors market in Asia Pacific is growing at a relatively faster pace due to overall industrialization and urbanization. The demand in countries such as China, India, and Japan for these cables is on the rise, particularly from the manufacturing and energy-based industries. The region has a massive population, and the economic development also increases the need for industrial equipment, including compressors. This has resulted in a highly competitive market where there are many players, including local and international players, emphasizing the price and how to develop new types of products. Governments in the region patronize industrial development and infrastructure development, thus boosting market demand as well.

• LAMEA: The AC screw air compressors market in Latin America, the Middle East, and Africa region is in the developing stage, and their growth potential is associated with the improvement of the actual industrialization level and construction of the infrastructure. Prospective customers are starting to pay attention to energy-efficient and sustainable product solutions as well. These areas are equally some of the most promising areas for economic and industrial development for the following reasons. According to industrial sectors, some of the prominent countries contributing to the regional market include Brazil, UAE and South Africa. The market derives advantages from expenditures on infrastructural projects, as well as on industrial upgrades, with a special emphasis on improving productive capacities, and optimising energy utilization, which also promotes demand for improved compressor solutions.

Competitive Landscape: AC Screw Air Compressor Market

The AC Screw Air 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
• Kaeser Compressors
• Sullair LLC
• Gardner Denver Inc.
• BOGE Compressors
• Bauer Kompressoren GmbH
• Quincy Compressor LLC
• Elgi Equipments Limited
• Hitachi Industrial Equipment Systems Co. Ltd.
• BOGE Compressors
• Fusheng Group
• CP Compressors
• Kaishan Compressor
• Shanghai Denair Compressor
• Almig Kompressoren
• Hertz Kompressoren
• Hanbell Precise Machinery
• Chicago Pneumatic
• Doosan Portable Power
• Others

These companies participate in the market through different mechanisms that include product differentiation, acquisition, and joint venture.

In the AC Screw Air Compressor Industry, new entrants have implemented different strategies relating to growth strategies that include market penetration to compete effectively with established companies. These strategies are drawn to capitalize on new technologies, meet market needs, and establish a competitive advantage. Sometimes, these players mainly target product differentiation, which means they are going to create higher-end products that increase efficiency and performance.

The development of products and solutions to meet specific industrial needs is one of the main strategies, then addressing new markets in a rather general way. Other important factors are providing proper pricing and value for money, focusing on the customer’s needs, and presenting environmentally friendly products. Fourth, marketing and branding is an important factor that receives a greater emphasis to obtain a solid brand awareness and brand image in the target market.

The AC Screw Air Compressor Market is segmented as follows:

By Type

• Oil-Free
• Oil-Injected

By Application

• Stationary
• Portable

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