Product Code: ETC4529665 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India screw compressor market import shipments showed a robust CAGR from 2020-2024. However, the growth rate between 2023 and 2024 exhibited a slight slowdown compared to previous years. Overall, the market expansion trend indicates steady momentum with a notable growth trajectory.
Screw compressors are widely used in various industries for air and gas compression. The market in India is growing alongside industrial expansion and the need for energy-efficient and reliable compression solutions.
The screw compressor market in India is expanding due to the country`s growing industrial and manufacturing sectors. These compressors offer energy-efficient and reliable compressed air solutions, which are essential for various applications, including manufacturing, construction, and automotive industries. The need for energy savings and enhanced productivity is propelling the adoption of screw compressors in India.
The screw compressor market in India faces challenges, including price sensitivity among customers and fierce competition among manufacturers. Energy efficiency and environmental concerns are also significant issues, as customers are increasingly seeking energy-efficient solutions while adhering to environmental regulations. Supply chain disruptions and access to skilled technicians for maintenance and repair add to the challenges.
The India screw compressor market experienced fluctuations during the pandemic, primarily due to disruptions in manufacturing and reduced industrial activities. However, with the revival of industries and a focus on energy-efficient compressed air solutions, the market is expected to rebound.
Major participants in the Screw Compressor market in India consist of Atlas Copco, Ingersoll Rand, Kaeser Kompressoren, and Elgi Equipments.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Screw Compressor Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Screw Compressor Market Revenues & Volume, 2021 & 2031F |
3.3 India Screw Compressor Market - Industry Life Cycle |
3.4 India Screw Compressor Market - Porter's Five Forces |
3.5 India Screw Compressor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Screw Compressor Market Revenues & Volume Share, By Stage, 2021 & 2031F |
3.7 India Screw Compressor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 India Screw Compressor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing industrialization and manufacturing sector in India, leading to increased demand for screw compressors. |
4.2.2 Rising awareness about energy efficiency and the need for sustainable solutions, driving the adoption of energy-efficient screw compressors. |
4.2.3 Government initiatives promoting the use of compressors in various industries, such as automotive, food beverage, and pharmaceuticals. |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with screw compressors, limiting adoption among small and medium enterprises. |
4.3.2 Fluctuating raw material prices impacting the manufacturing cost of screw compressors. |
4.3.3 Intense market competition leading to pricing pressures for screw compressor manufacturers. |
5 India Screw Compressor Market Trends |
6 India Screw Compressor Market, By Types |
6.1 India Screw Compressor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Screw Compressor Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Screw Compressor Market Revenues & Volume, By Oil-free, 2021-2031F |
6.1.4 India Screw Compressor Market Revenues & Volume, By Oil-Injected, 2021-2031F |
6.2 India Screw Compressor Market, By Stage |
6.2.1 Overview and Analysis |
6.2.2 India Screw Compressor Market Revenues & Volume, By Single, 2021-2031F |
6.2.3 India Screw Compressor Market Revenues & Volume, By Multi, 2021-2031F |
6.3 India Screw Compressor Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 India Screw Compressor Market Revenues & Volume, By Stationary, 2021-2031F |
6.3.3 India Screw Compressor Market Revenues & Volume, By Portable, 2021-2031F |
7 India Screw Compressor Market Import-Export Trade Statistics |
7.1 India Screw Compressor Market Export to Major Countries |
7.2 India Screw Compressor Market Imports from Major Countries |
8 India Screw Compressor Market Key Performance Indicators |
8.1 Energy efficiency improvement rate of screw compressors in India. |
8.2 Adoption rate of screw compressors in key industries. |
8.3 Average maintenance cost reduction percentage for screw compressors in the market. |
9 India Screw Compressor Market - Opportunity Assessment |
9.1 India Screw Compressor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Screw Compressor Market Opportunity Assessment, By Stage, 2021 & 2031F |
9.3 India Screw Compressor Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 India Screw Compressor Market - Competitive Landscape |
10.1 India Screw Compressor Market Revenue Share, By Companies, 2024 |
10.2 India Screw Compressor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |