North America Screw Compressor Market
North America Screw Compressor Market Research Report: By Type (Oil-Free, Oil-Injected), By Number of Stages (Single-Stage, Multi-Stage) andBy Regional (US, Canada)- Forecast to 2035 North America Screw Compressor Market Overview: As per MRFR analysis, the North America Screw Compressor Market Size was estimated at 2
Industry Developments
In recent developments within the North America Screw Compressor Market, several major companies have been actively engaged in advancing their technologies and expanding their services. Gardner Denver's innovation efforts have been highlighted with their latest energy-efficient models aimed at reducing operating costs for industries. Atlas Copco continues to lead with its advancements in automation and digitization solutions, enhancing operational efficiencies for customers. Meanwhile, Ingersoll Rand focuses on sustainability, launching green initiatives that conform to environmental regulations set by authorities in North America.In terms of mergers and acquisitions, Hitachi announced its acquisition of a significant stake in a North American compressor manufacturer in August 2023, aiming to increase its footprint in the region. Additionally, Siemens has explored partnerships with local firms to enhance its compressor technology through collaboration, thereby driving growth in the market. Overall, the North America Screw Compressor Market has seen a continuous upward trajectory, with market valuation reflecting a robust demand driven by manufacturing, construction, and energy sectors, alongside a consistent push towards energy-efficient technologies across key players like Boge Compressors and Sullair.
Report Scope
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 2.88(USD Billion) |
| MARKET SIZE 2024 | 3.04(USD Billion) |
| MARKET SIZE 2035 | 5.17(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 4.946% (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 Billion |
| KEY COMPANIES PROFILED | Gardner Denver, Atlas Copco, Hitachi, Siemens, Cincinnati Fan, Boge Compressors, ALMiG Kompressoren, AERZEN, Sullair, North American Compressors, Kobe Steel, Elgi Equipments, EMG, Kaeser Compressors, Ingersoll Rand |
| SEGMENTS COVERED | Type, Number of Stages, Regional |
| KEY MARKET OPPORTUNITIES | Growing industrial automation demand, Expanding HVAC applications, Rising energy efficiency regulations, Increasing adoption of renewable energy, Technological advancements in compressor design |
| KEY MARKET DYNAMICS | Growing industrial applications, Rising energy efficiency focus, Advancements in technology, Increasing demand for HVAC systems, Expansion of manufacturing sector |
| COUNTRIES COVERED | US, Canada |
FAQs
What is the expected market size of the North America Screw Compressor Market in 2024?
The North America Screw Compressor Market is expected to be valued at 3.04 USD Billion in 2024.
What is the projected market size for the North America Screw Compressor Market by 2035?
By 2035, the North America Screw Compressor Market is projected to reach a value of 5.17 USD Billion.
What is the expected CAGR for the North America Screw Compressor Market from 2025 to 2035?
The expected CAGR for the North America Screw Compressor Market from 2025 to 2035 is 4.946%.
Which region dominates the North America Screw Compressor Market?
The United States is the dominant region in the North America Screw Compressor Market with a value of 1.74 USD Billion in 2024.
What is the market value for Canada in the North America Screw Compressor Market in 2024?
In 2024, the North America Screw Compressor Market for Canada is valued at 1.3 USD Billion.
What is the value of the Oil-Free segment of the North America Screw Compressor Market in 2024?
The Oil-Free segment of the North America Screw Compressor Market is valued at 1.2 USD Billion in 2024.
What is the projected market value of the Oil-Injected segment by 2035?
The Oil-Injected segment is expected to be valued at 3.12 USD Billion by 2035.
Who are the key players in the North America Screw Compressor Market?
Major players in the North America Screw Compressor Market include Gardner Denver, Atlas Copco, and Ingersoll Rand.
What is the market value of the US segment by 2035?
By 2035, the market value of the US segment in the North America Screw Compressor Market is projected to reach 2.94 USD Billion.
What challenges is the North America Screw Compressor Market currently facing?
The North America Screw Compressor Market is facing challenges related to fluctuating raw material costs and evolving regulatory standards.
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