Global Screw Compressor Market to Reach $16.3 Billion by 2030, Driven by Energy Demand and Innovation
The global screw compressor market is expected to grow from USD 12.74 billion in 2025 to USD 16.30 billion by 2030, according to new projections. This represents a compound annual growth rate (CAGR) of 5.0% over the five-year period.
Key growth drivers include rising energy needs, continued industrialization, and a push for energy-efficient technologies across sectors.
Oil-injected screw compressors continue to dominate the market due to their reliability in high-demand environments, particularly in industries such as chemicals and petrochemicals.
By power capacity, the 51 to 250 horsepower (HP) segment remains a strong contributor to overall market demand.
North America is identified as a major growth region, thanks to a strong industrial base and ongoing upgrades in manufacturing infrastructure.
Leading companies in the market include Atlas Copco, Ingersoll Rand, Hitachi, and Elgi.
Meanwhile, the industry is being reshaped by key trends such as the integration of Internet of Things (IoT) technologies and product innovation, which are helping manufacturers improve performance and reduce maintenance needs.
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