Screw Compressor Market

Top Companies in Screw Compressor Industry - Atlas Copco AB (Sweden), Ingersoll Rand (US), Hitachi, Ltd (Japan) and ELGi (India)

The global screw compressor market size was USD 12.03 billion in 2024 and is projected to reach USD 16.30 billion by 2030, at a CAGR of 5.0% between 2025 and 2030. The market for screw compressors is on a continuous rise owing to its applications in industries like chemical & petrochemicals, oil & gas, metal & minings, medical & pharmaceuticals, food & beverages, etc. A screw compressor is called as rotary positive displacement machine which compresses air-gas by irritating two helical rotors engaged and having continuous operation, a high effectiveness, and a low maintenance cost, compared to the traditional reciprocating compressors. Factors favoring their marking are the incremental industrial automation requirements, regulations on energy efficiency improvement, and the quest for reliable compressed air solutions. It could be found that the compressors made by screw are endorsed in industrial processes, refrigeration, and pneumatic systems where it could afford forever air, reduced energy consumption, long time operational life, and many other essential applications.

The key players following the strategies between 2020 to 2024, Atlas Copco AB (Sweden), Ingersoll Rand (US), Hitachi, Ltd (Japan), and ELGi (India). The companies are majorly following product launches, investments, expansions, contracts, agreements, partnerships, funding, and acquisition as the strategy to grow and expand the market.

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Ingersoll Rand (US) is s provider of pneumatic equipment, compressed air and gas systems, and industrial solutions. The company operates its businesses through two segments: Industrial Technologies & Services, Precision & Science Technologies. It offers screw compressors under its Industrial Technologies & Services segment. The Industrial Technologies & Services segment offers a range of air and gas compressors, vacuum and blower products, fluid transfer equipment, loading systems, power tools, and lifting equipment, as well as aftermarket parts, consumables, and services. The company’s screw compressors are used in various end-use industries, such as automotive, chemicals, electronics, food & beverages, oil & gas, pulp & paper, power generation, metals and machinery, pharmaceuticals, and textiles.

Ingersoll Rand has a sales presence in more than 175 countries in North America, Latin America, Europe, Asia, the Middle East and Africa, and Australia. In addition to the US, Ingersoll Rand has manufacturing facilities in Germany, the UK, China, Finland, Italy, India, and other countries.

Atlas Copco AB (Sweden) is one of the leading provider of compressors, vacuum solutions, generators, pumps, power tools, and assembly systems in the global compressed air filter and dryer market. The company operates its business through four segments: Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique. Atlas Copco offers screw compressors through the Compressor Technique segment. This segment also offers compressed air solutions; industrial compressors; gas and process compressors and expanders; air and gas treatment equipment; air management systems; and related services.

The company’s air compressor products are used in various industries, such as automotive, electronics, chemicals & petrochemicals, fertilizers, food & beverages, oil & gas, pharmaceuticals, and power generation. The company operates in all major regions, including the Americas, Europe, Africa, the Middle East, and Asia Pacific.

Screw Compressor Market

The company evaluation section provides an overview of the companies in the screw compressor market. It has been carried out based on the outcome of the qualitative and quantitative analyses of various factors, such as product portfolios, technological innovations, market presence, research & developments and company revenues, along with the opinions of the primary respondents. Insights from primary respondents further enrich the evaluation, providing a holistic view of each company's strengths and market positioning.  Among these, Atlas Copco AB stands out as the top player in the screw compressor market, setting benchmarks with its innovation and market dominance.

Market Ranking

The screw compressor market is very competitive, with key players striving for their position through product innovation, strategic alliances, and tapping into new markets. The market hierarchy is mostly determined by technological advances, energy efficiency, product reliability, and global distribution network. Companies with advanced research and development capabilities and a diversified product portfolio are favored with higher market share. In addition, after-sales service, brand name, and buy-specific solutions enter into the consideration for market leadership. With a growing demand for screw compressors, the market rankings can shift depending on the ability of companies to operate with evolving customer needs and regulatory requirements. Atlas Copco AB, with its advanced compressor technology and sustainability commitment, is a leader in the market and has a sound presence across the globe.

Related Reports:

Screw Compressor Market by Type (Oil-injected, Oil-free), Technology (Stationary, Portable), Stage (Single, Multi), Capacity (upto 50 HP, 51 to 250 HP, above 250 HP), Power Source, End User, and Region - Global Forecast to 2030

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Screw Compressor Market Size,  Share & Growth Report
Report Code
EP 3780
RI Published ON
3/5/2025
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