Canada Screw Compressor Market
Canada Screw Compressor Market Research Report: By Type (Oil-Free, Oil-Injected) andBy Number of Stages (Single-Stage, Multi-Stage)- Forecast to 2035 Canada Screw Compressor Market Overview: As per MRFR analysis, the Canada Screw Compressor Market Size was estimated at 862
Industry Developments
The Canada Screw Compressor Market has recently seen several significant developments, particularly regarding market growth and expansion strategies among key players like Hitachi, Emerson Electric, and Atlas Copco. In September 2023, Hitachi announced a strategic initiative to enhance its manufacturing capabilities in Canada to meet the growing demand for energy-efficient compressors. Meanwhile, Emerson Electric has focused on launching smart screw compressors equipped with advanced IoT features, targeting the green energy sector that is increasingly relevant in Canada, especially with governmental pushes for sustainability. In terms of mergers and acquisitions, Gardner Denver completed its acquisition of a minority stake in a local competitor in August 2023 to enhance its market presence. The expansion of Ingersoll Rand’s facilities in Ontario was also noted for contributing to job growth and technological advancement in the region. The market is experiencing consistent evaluative growth, attributed to rising industrial activities and a shift towards more efficient energy solutions. The Canadian government’s initiatives promoting cleaner technologies further bolstered the market, emphasizing the importance of compliance with environmental standards across all industrial sectors.
Report Scope
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 862.5(USD Million) |
| MARKET SIZE 2024 | 912.0(USD Million) |
| MARKET SIZE 2035 | 1640.0(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 5.48% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Million |
| KEY COMPANIES PROFILED | Hitachi, Hanjin Heavy Industries, Emerson Electric, Gardner Denver, Kaeser Kompressoren, Rotair, SOLO Kleinmotoren, Parker Hannifin, Ingersoll Rand, Air Compressor Engineering, Sullair, QES, Atlas Copco, Compressor Products International, Boge Compressors |
| SEGMENTS COVERED | Type, Number of Stages |
| KEY MARKET OPPORTUNITIES | Growing demand in manufacturing sector, Increasing adoption of energy-efficient solutions, Expansion in refrigeration applications, Rising investments in renewable energy, Technological advancements in compressor design |
| KEY MARKET DYNAMICS | growing industrial automation, demand for energy efficiency, increasing refrigeration applications, need for reliable air supply, government regulations on emissions |
| COUNTRIES COVERED | Canada |
FAQs
What is the expected market size of the Canada Screw Compressor Market by 2024?
The Canada Screw Compressor Market is anticipated to be valued at 912.0 million USD in 2024.
What is the projected value of the Canada Screw Compressor Market in 2035?
By 2035, the Canada Screw Compressor Market is expected to reach a total value of 1640.0 million USD.
What is the expected CAGR for the Canada Screw Compressor Market from 2025 to 2035?
The compound annual growth rate (CAGR) for the Canada Screw Compressor Market is projected to be 5.48% from 2025 to 2035.
Which type of screw compressor holds a larger market share in Canada?
The oil-injected screw compressors hold a larger market share compared to oil-free compressors in the Canada Screw Compressor Market.
What is the market value of oil-free screw compressors in Canada for the year 2024?
In 2024, the market value for oil-free screw compressors in Canada is projected to be 300.0 million USD.
What is the market size for oil-injected screw compressors in Canada by 2035?
The market size for oil-injected screw compressors in Canada is expected to reach 1090.0 million USD by 2035.
Who are the major players operating in the Canada Screw Compressor Market?
Key players in the Canada Screw Compressor Market include companies like Hitachi, Emerson Electric, Ingersoll Rand, and Atlas Copco.
What growth opportunities exist in the Canada Screw Compressor Market?
Emerging trends and growth opportunities in the Canada Screw Compressor Market include the increasing demand for energy-efficient compressors.
What challenges does the Canada Screw Compressor Market currently face?
The Canada Screw Compressor Market faces challenges such as competition from other compressor technologies and price fluctuations of raw materials.
How is the current global scenario impacting the Canada Screw Compressor Market?
The current global scenario can influence the Canada Screw Compressor Market through supply chain disruptions and shifts in manufacturing demand.
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