“On January 4, 2017, the DOE published a final rule establishing new test procedures for certain varieties of compressors under the Energy Policy and Conservation Act. EPCA states that “no manufacturer, distributor, retailer, or private labeler may make any representation respecting the energy consumption [of covered equipment] unless such equipment has been tested in accordance with [the DOE test procedure] and such representation fairly discloses the results of such testing.”
According to the report, Emphasizing On Development of Environment–Friendly Screw Compressors is one of the primary growth factors for the market. Growing Demand for Energy Efficient Compressors
is also expected to contribute significantly to the Screw Compressor market. Overall, applications of Screw Compressor, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Technology, such as Stationary Screw Compressors, is boosting the Screw Compressor market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End-User, such as Oil & Gas, is boosting the Screw Compressor market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Stage, such as Single-Stage, is boosting the Screw Compressor market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Screw Compressor market identified that the demand is rising in many different parts of the world as "Increasing Demand from the Large-Scale Industries Such As Petrochemical, Oil & Gas, and Refining
". Furthermore, some recent industry insights like "November 2018, ELGi Equipments, the air-compressor manufacturer in India launched its new range of oil-free air-compressors at the “Compressed Air Best Practices Conference” in Chicago." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Screw Compressor market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Screw Compressor market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.