Zion Market Research Global Screw Compressor Market, 2016–2024 | Page 3

Screw Compressor Market
The features of screw compressor such as delivering high quality compressed air, higher
efficiency and the quick and dynamic response would increase its application in air
treatment and compressor applications. This will result in a significant growth in the screw
compressor market. The screw compressors reduce energy costs and provide better
efficiency due to which its users are increasing and demand is rising. Developments made
in the sectors of pharma, food and beverages, textile and automotive are among the various
factors resulting in the increase of demand in the screw compressor market. Growing
demand for eco-friendly screw compressors is a major factor that will offer sufficient growth
opportunities to the screw compressor market. However, there are some restraining factors
for the global market growth, which include high power consumption due to the fast moving
compressor, production of debris due to high-speed operation and resistance in the use of
new technology. Other challenges faced by the market players include adherence to
stringent quality requirements and environmental parameters and obtaining skilled labor.
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Global Screw Compressor Market: Regional Analysis
Asia Pacific is the largest screw compressor market globally and is expected to continue
dominating the market in the coming years as well. Owing to industrial development, the key
demand is visible from countries such as China, Japan, and India. Demand from Asia-
Pacific is followed by regions such as North America, Europe, Latin America and the Middle
East and Africa. Demand from countries such as Mexico, the U.S., Saudi Arabia, Brazil, and
South Africa are the major drivers in the global screw compressor market. The Middle East