China Screw Compressor Market

China Screw Compressor Market Overview:

As per MRFR analysis, the China Screw Compressor Market Size was estimated at 1.38 (USD Billion) in 2023. The China Screw Compressor Market Industry is expected to grow from 1.46(USD Billion) in 2024 to 2.56 (USD Billion) by 2035. The China Screw Compressor Market CAGR (growth rate) is expected to be around 5.243% during the forecast period (2025 - 2035).

Key China Screw Compressor Market Trends Highlighted

The China Screw Compressor Market is experiencing significant growth driven by several key market drivers. Industrialization and urbanization have propelled the demand for energy-efficient machinery, with sectors like manufacturing, construction, and refrigeration increasingly relying on screw compressors for their operations. Additionally, the increasing focus on energy conservation in China has led companies to adopt advanced screw compressor technologies that offer improved efficiency and reduced operational costs. Furthermore, China's stringent environmental regulations are prompting industries to invest in cleaner technologies, further boosting the demand for modern screw compressors.In the food and beverage and automobile industry, as well as in pharmaceuticals, there is a growing demand for screw compressors. Exhaust systems for compressions are very helpful, and there is always room for greater market share if manufacturers focus on tailored innovations. These innovations are best suited for a specific industry. Smart, flexible screw compressors equipped with IoT devices are better suited for performance monitoring and predictive maintenance, which offer aids in smart manufacturing processes used in China. There is currently a global reduction of refrigerants which is kinder to the environment as compared to the previous ones used.

Additionally, the growing adoption of variable speed drives in screw compressors is helping industries optimize energy use further, aligning with national goals for energy efficiency. The market is also witnessing innovations in design and materials that enhance durability and performance. Overall, the combination of these drivers, opportunities, and emerging trends suggests a dynamic landscape for the screw compressor market in China, where companies can benefit from aligning their strategies with the evolving market demands.

Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

China Screw Compressor Market Drivers

Growing Industrial Demand in China

The Industrial sector in China continues to expand at a rapid pace, significantly driving the China Screw Compressor Market Industry. According to the National Bureau of Statistics of China, the growth of the manufacturing sector accounts for around 27.6% of the country's GDP, with expectations to reach 30% by 2030. This growth implies an increasing requirement for air compressors, particularly screw compressors, which are vital for various industrial applications such as manufacturing, process industries, and HVAC systems.Major players, including Atlas Copco and Ingersoll Rand, are investing in product innovation and capacity expansion to meet rising demand, showcasing the significant potential of the China Screw Compressor Market. This industrial initiative is expected to propel the market forward, indicating a robust relationship between industrial development and the demand for efficient, reliable screw compressors.

Government Policies Supporting Energy Efficiency

The Chinese government has been prioritizing energy efficiency in industrial applications, influencing the China Screw Compressor Market Industry. Policies implemented by the Ministry of Ecology and Environment emphasize the reduction of energy consumption and emissions in manufacturing processes. With the energy consumption of industrial air compressors accounting for about 10% of total energy usage in the industry, the government's push for more energy-efficient solutions is leading to increased adoption of advanced screw compressors.The establishment of energy-saving standards and regulations is incentivizing manufacturers to upgrade to energy-efficient compressor systems, which supports the market growth significantly.

Technological Advancements and Innovations

Recent technological advancements in screw compressor design and functionality are significantly contributing to the growth of the China Screw Compressor Market Industry. Innovations such as Variable Speed Drive (VSD) technology promote energy efficiency, as they allow compressors to adjust output according to demand, thus reducing energy costs. According to the China Industry Association, approximately 80% of users prefer VSD technology for its cost savings, which can lead to a reduction of energy consumption by up to 30%.Major manufacturers, like Siemens and Atlas Copco, are leading the charge in developing these advanced solutions, which are not only optimizing performance but are also appealing to environmentally conscious users. Such innovations are crucial for the market's future trajectory in China.

China Screw Compressor Market Segment Insights:

Screw Compressor Market Type Insights

The China Screw Compressor Market, a significant sector within the country's growing industrial landscape, is primarily segmented based on Type, which includes the prominent categories of Oil-Free and Oil-Injected screw compressors. In recent years, the demand for screw compressors in China has increased significantly due to the expanding manufacturing and industrial sectors, as well as the rising need for energy-efficient and reliable compressed air solutions. The Oil-Free screw compressor segment has gained considerable traction, particularly in industries where air purity is paramount, such as food and beverage, pharmaceuticals, and electronics. This is largely driven by stringent government regulations and industry standards aimed at reducing contamination and enhancing product quality. On the other hand, the Oil-Injected screw compressors remain vital for heavy-duty applications. These compressors typically offer higher efficiency and are better suited for industries requiring high-volume air at lower costs, such as construction and mining. As industrial activities in China continue to grow, so does the importance of these two types of compressors, each addressing unique industrial needs while underlining the importance of sustainability and efficiency in operations. The market dynamics have also been influenced by the advancements in technology that have led to the development of more compact and efficient models. Companies increasingly focus on energy-saving solutions as the government emphasizes green technologies to combat pollution and fuel consumption, aligning with China's broader environmental goals. Challenges such as the fluctuating prices of raw materials, competition from international manufacturers, and the need for continual innovation are present within the market, creating both hurdles and opportunities for growth. The prevalence and evolution of these compressor types reflect the broader trends found within the China Screw Compressor Market, ensuring that both segments remain integral components as industries evolve towards more environmentally conscious practices and enhanced operational efficiency.

Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

Screw Compressor Market Number of Stages Insights

The China Screw Compressor Market demonstrates a significant focus on the Number of Stages category, with two key classifications being Single-Stage and Multi-Stage compressors. Single-Stage compressors are often preferred for applications requiring lower pressures, offering a compact design and straightforward operation, making them suitable for various industrial applications. Conversely, Multi-Stage compressors, which excel in providing high pressure and efficiency, cater to more demanding applications such as oil and gas processing, chemical production, and other heavy industrial processes.This duality reflects the diverse needs of the Chinese manufacturing and industrial sectors, which are increasingly modernizing their infrastructure and equipment. Additionally, the growth in the China Screw Compressor Market can be attributed to the rapid industrialization and urbanization within the region. As manufacturers strive to improve energy efficiency and reduce operational costs, the demand for advanced compressor technologies, particularly those that enhance performance and reliability, continues to rise. The increasing adoption of automation and smart technologies in China further amplifies the importance of both Single-Stage and Multi-Stage compressors, providing opportunities for market expansion within this sector.

China Screw Compressor Market Key Players and Competitive Insights:

The competitive landscape of the China Screw Compressor Market reveals a dynamic environment characterized by a blend of local and international players vying for market share. As industrial sectors across the region continue to grow, the demand for efficient and reliable air compression solutions has surged. This has spurred intense competition among manufacturers seeking to innovate and enhance their product offerings while addressing specific market needs. The growing focus on energy efficiency, sustainability, and technological advancement has further intensified this competitive arena. Companies are not only competing on the basis of product quality but also on aftersales service, brand reputation, and their ability to adapt to changing regulatory environments. Key market trends include the expansion into automation and digitalization, with players leveraging smart technologies to gain an edge. The market is witnessing strategic collaborations and partnerships aimed at enhancing market presence and fortifying customer loyalty.Compressor Products International has established a stronghold in the China Screw Compressor Market by leveraging its focus on high-performance products tailored to meet the evolving needs of industries. The company has successfully positioned itself as a trusted provider of innovative solutions designed for operational efficiency and reliability in diverse applications. Its strengths lie in its robust engineering capabilities, extensive product portfolio which offers a range of screw compressors, and a strong distribution network that facilitates widespread market access. By placing a premium on customer feedback and continuous product improvement, Compressor Products International has strengthened its market presence and built enduring relationships with customers across various sectors in China. This strategic approach has allowed the company to maintain a competitive edge and respond to the rising demand for efficient air compression technologies in the region.Gardner Denver has made significant strides in the China Screw Compressor Market by offering a diverse range of high-quality products and services designed to enhance productivity and energy efficiency for its clients. The company's product portfolio includes a variety of rotary screw compressors known for their reliability and performance in demanding industrial environments. Gardner Denver has built a solid reputation for its commitment to innovation, evidenced by its continuous investment in research and development. The firm also boasts a strong distribution and service network throughout China, ensuring quick access to support and maintenance for customers. Moreover, the company has pursued growth through strategic mergers and acquisitions, enabling it to expand its technological capabilities and market reach. This strategic direction not only bolsters its competitive stance against local players but also enhances its ability to cater to the specific requirements of the Chinese market, further solidifying its position as a key player in the industry.

Key Companies in the China Screw Compressor Market Include:

Compressor Products International

Gardner Denver

Atlas Copco

Mikasa

Anest Iwata

Boge Compressors

Sullair

DENAIR

Shanghai General Compressor

Airman

Fusheng

Jiangsu Bairui

Ingersoll Rand

Kaeser Kompressoren

China Screw Compressor Market Industry Developments

The China Screw Compressor Market has seen significant developments recently, particularly with the increasing demand for energy-efficient solutions across various industrial sectors. Companies such as Atlas Copco and Ingersoll Rand are focusing on innovations to enhance performance and reduce energy consumption. In September 2023, Compressor Products International announced a collaboration with Shanghai General Compressor to expand their product offerings in the region, signaling a strategic push for growth. Meanwhile, in October 2023, Gardner Denver initiated a partnership with Jiangsu Bairui aimed at leveraging advanced technologies to improve manufacturing processes. The market is also witnessing a surge in valuations due to heightened investments in infrastructure and energy projects, particularly in light of China’s commitment to reduce carbon emissions and transition to sustainable energy forms. Notably, in July 2023, Boge Compressors completed an acquisition of a local company to strengthen its presence in the China market. The competitive landscape continues to evolve as companies like Sullair and Anest Iwata enhance their offerings to cater to the increasing demand for reliable and efficient screw compressors in industrial applications.

China Screw Compressor Market Segmentation Insights

Screw Compressor Market Type Outlook

Oil-Free

Oil-Injected

Screw Compressor Market Number of Stages Outlook

Single-Stage

Multi-Stage