Screw Compressor Rental Market 2021 | Global Industry Analysis by Future Scope, Revenue Growth Development, Leading Countries Analysis, Regional Analysis with Top Countries Forecast to 2030

In a recent published report, Kenneth Research has updated the market report for Screw Compressor Rental Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Screw Compressor Rental Market products.

Screw compressors compress air due to the continuous rotating motion of its components. They can supply air at a constant delivery pressure with minimum fluctuation. There are two fitted rotors, which rotate in opposite directions to draw air between them. As the rotors approach each other, the air is compressed and moved towards the outlet.Screw compressors do not have any valves, which reduces the chances of malfunctioning and enables the compressor to work at high speeds with large volumes of air. For the purpose of study, the global screw compressors rental market has been segmented based on type, portability, stage, and end-use Based on type, the market has further been segmented as oil-injected screw compressors and oil-free screw compressors.

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Oil-injected screw compressors had the larger market size in 2017, mainly owing to the low maintenance cost. Based on portability, the market is segmented as stationary screw compressors and portable screw compressors. Portable screw compressors held the larger share of the market in 2017, mainly due to their portability.Based on stage, the market is segmented as single-stage screw compressors and multi-stage screw compressors. Multi-stage screw compressors held the larger share of the market due to the advanced technology in variable speed drive and turbo pressure.

Based on end-use, the market is segmented as construction, mining, oil & gas, power, manufacturing and chemical. The construction segment dominated the market in 2017, due to the substantial growth in demand of infrastructure. Based on region, the market is segmented into North America, Europe, Asia-Pacific, and rest of the world.

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Christophe Rude
Christophe Rude
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