DUBLIN, Oct. 27, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/mt8l45/screw_compressor) has announced the addition of the "Screw Compressor Market by Type, Stage, Technology, End-User, & Region - Global Forecast to 2020" report to their offering.
The global screw compressor market is projected to reach USD 11.5 billion by 2020, from an estimated USD 7.6 Billion in 2015 at a CAGR of 8.7% from 2015 to 2020.
Screw compressors are used in varied applications in industries such as chemicals & petrochemicals, oil & gas, power plants, mining & metals, automotive, and food & beverages among others. International standardization, increase in the demand for energy efficient compressors, and lower maintenance and operational costs are driving the screw compressor market.
Screw compressor market, are categorized into oil-free and oil-injected screw compressors; oil-injected screw compressors are majorly used in mining & metals, chemicals & petrochemicals processing, and oil & gas industries. Oil-injected screw compressors are capable of delivering large volumes of pressure and operate in single stage. These are less expensive than oil-free screw compressors, more robust in design and are commonly used in industrial applications at workshops, fabrication works, road side construction, mining & processing plants, and automobiles to reduce costly downtime and production delays.
Screw compressor market has been divided; based on technology into stationary and portable screw compressors; and based on stages into single stage and multi stage. On the basis of region, the market has been segmented into North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa.
Mining & metals industry is likely to dominate the global screw compressor market during the forecast period. It is expected to grow at a CAGR of 10.1% from 2015 to 2020.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Screw Compressor Market, By Type
7 Screw Compressor Market, By Stage
8 Screw Compressor Market, By Technology
9 Screw Compressor Market, By End-User
10 Screw Compressor Market, By Region
11 Competitive Landscape
12 Company Profiles
- Atlas Copco AB - Bauer Kompressoren - Boge Kompressoren - GE Oil & Gas - Gardner Denver, Inc. - Hitachi Ltd - Howden Group Ltd - Ingersoll Rand PLC - Kaeser Kompressoren S - Kobel Steel Ltd. - Man Diesel & Turbo - Siemens AG - Sullair LLC
For more information visit http://www.researchandmarkets.com/research/mt8l45/screw_compressor
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SOURCE Research and Markets