Report ID: SQMIG15F2164
Report ID:
SQMIG15F2164 |
Region:
Global |
Published Date: November, 2024
Pages:
184
|
Tables:
110 |
Figures:
73
The screw compressor is an important part of industrial production in various regions of North America. In the U.S. these compressors are widely used in the construction, automotive, and oil and gas industries. Strict environmental regulations have encouraged the adoption of more efficient packaging technologies, in line with sustainability goals. The North America region in the global screw compressor market dominates this market, as the demand from numerous end users for screw compressors in developing economies is promoting. Rapid industrialization in emerging economies and is expected to increase demand for efficient tools & machinery will drive the market growth.
Asia Pacific held the largest market share in terms of revenue, accounting for almost two-fifths of global screw compressor market. Asia-Pacific screw compressor industry is experiencing complex changes driven by many key factors and growth factors. Rapid industrialization in superpowers such as China and India is creating demand in various sectors like manufacturing, oil, gas, petrochemicals, automobiles, etc. for high performance.
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Report ID: SQMIG15F2164