The Rise of Screw Compressors: Market Trends and Technological Advancements

 The global Screw Compressor Market is projected to grow from estimated USD 12.74 billion in 2025 to USD 16.30 billion by 2030, at a CAGR of 5.0% during the forecast period. The market is growing due to Industrialization, demand for energy-efficient solutions, and growth in the manufacturing, oil and gas, and construction industries. Strict emission regulations and the necessity for low-maintenance, high-performance compressors propel adoption. Automation and smart monitoring advancements also stimulate growth in the market.

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Oil Free segment by type

Stringent environmental laws, increasing demand for clean and contaminant-free air, and rapid adoption of oil-free compressors in food and beverages, medical and pharmaceuticals, and other industries are causing the oil-free screw compressor segment to be the fastest-growing one. These industries need oil-free air, which serves as an essential function in avoiding contamination in production work. New developments in energy-saving, low-maintenance oil-free compressors have turned out to be economical, thereby increasing their adoption. Growing awareness about sustainability and minimal carbon emissions are accelerating the path for switchovers from oil-lubricated to oil-free screw compressors.

Above 250 HP segment by capacity

The segment above 250 HP is the largest in the Screw Compressor Market and is mostly used in heavy industries such as oil & gas, power generation, and mining, where hefty-capacity compressors are needed for continuous duty. These industries need low-pressure-high-airflow compressors for their demanding applications. Furthermore, increased investment in mega infrastructure projects, petrochemical plants, and industrial automation spurs the demand for high-performance and energy-efficient screw compressors in this sector.

Asia Pacific is expected to be the fastest region in the Screw Compressor Market during the forecast period

Asia-Pacific market is the fastest growing market for screw compressor due to rapid industrialization, urbanization, and infrastructure development. Manufacturing, construction, and oil-and-gas industries are expanding rapidly to cater to the growing demand for compressed air-efficient solutions. Most of these booming industries including governmental initiatives for popular reclamations of energy-efficient technologies are expected to add strength to this growth; along with investments in renewable energy and petrochemicals, strong signs have emerged to continue using sino-chien-screw compressors as its most reliable and continuous operation.

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Key Players

The report profiles key players such as Atlas Copco AB (Sweden), Ingersoll Rand (US), Hitachi, Ltd (Japan), and ELGi (India).

Ingersoll Rand (US)

Ingersoll Rand (US) is s provider of pneumatic equipment, compressed air and gas systems, and industrial solutions. The company operates its businesses through two segments: Industrial Technologies & Services, Precision & Science Technologies. It offers screw compressors under its Industrial Technologies & Services segment. The Industrial Technologies & Services segment offers a range of air and gas compressors, vacuum and blower products, fluid transfer equipment, loading systems, power tools, and lifting equipment, as well as aftermarket parts, consumables, and services. The company’s screw compressors are used in various end-use industries, such as automotive, chemicals, electronics, food & beverages, oil & gas, pulp & paper, power generation, metals and machinery, pharmaceuticals, and textiles.

Ingersoll Rand has a sales presence in more than 175 countries in North America, Latin America, Europe, Asia, the Middle East and Africa, and Australia. In addition to the US, Ingersoll Rand has manufacturing facilities in Germany, the UK, China, Finland, Italy, India, and other countries.

Atlas Copco AB (Sweden)

Atlas Copco AB (Sweden) is one of the leading provider of compressors, vacuum solutions, generators, pumps, power tools, and assembly systems in the global compressed air filter and dryer market. The company operates its business through four segments: Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique. Atlas Copco offers screw compressors through the Compressor Technique segment. This segment also offers compressed air solutions; industrial compressors; gas and process compressors and expanders; air and gas treatment equipment; air management systems; and related services.

The company’s air compressor products are used in various industries, such as automotive, electronics, chemicals & petrochemicals, fertilizers, food & beverages, oil & gas, pharmaceuticals, and power generation. The company operates in all major regions, including the Americas, Europe, Africa, the Middle East, and Asia Pacific.

Brushless DC Motor Market: Everything You Need to Know

The global Brushless DC Motor Market Size is expected to reach USD 17.6 billion by 2028 from USD 12.1 billion in 2023 at a CAGR of 7.9% during the 2023-2028 period according to a new report by MarketsandMarkets™. Brushless DC motors are synchronous electric motors that are driven by direct current (DC). They are also known as electronically commutated motors (EC motors). These motors are highly efficient in producing a large amount of torque over broad speed ranges. In brushless DC motors, permanent magnets rotate around fixed armatures, thereby overcoming the problem of connecting current to armatures. Brushless DC motors are used in various applications owing to their compactness, lightweight, and low maintenance requirements.

 

The increasing adoption of Brushless DC motors is driven by their precise speed control, low maintenance requirements, and high efficiency. Brushless DC motors offer enhanced reliability, reduced electromagnetic interference, and compact designs, making them essential in applications where these attributes are critical, such as in medical devices, aerospace, and automation equipment.

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By Type Segmentation

 

Based on type, the Brushless DC Motor Market has been segmented into inner rotor and outer rotor. Inner rotor brushless DC motor are in high demand across a wide range of sectors due to its compact design, higher power density, and superior efficiency. Inner rotor motors offer faster response times and better heat dissipation, making them ideal for applications where space and weight are critical factors. Additionally, the inner rotor design allows for a direct connection to the load, enhancing overall system efficiency and performance, which contributes to its dominant market share.

 

By End Use Application Segmentation

 

This report segments the Brushless DC Motor Market based on end user into consumer electronics, automotive, manufacturing, medical devices, and others. Others include HVAC, agricultural, solar pumps, and aerospace & defence applications. The consumer electronics segment is expected to be the second fastest-growing segment during the forecast period due to the increasing demand for energy-efficient and compact solutions in devices like smartphones, laptops, and household appliances. Brushless DC motors offer precise control, longer lifespan, and reduced noise, making them well-suited for applications in consumer electronics. As technology evolves and consumers prioritize high-performance and energy-efficient gadgets, the demand for brushless DC motors in this segment continues to surge, contributing to its rapid growth.

 

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Regional Analysis

 

North America is expected to be the second-largest Brushless DC Motor Market during the forecast period. The North America region has been subdivided into three key countries: US, Canada and Mexico. The regio n's emphasis on automation in industries, such as manufacturing and healthcare, is driving the demand for efficient and reliable brushless DC motors. Additionally, the rising awareness of environmental sustainability has fueled the growth of electric vehicles, further boosting the demand for these motors. Favorable government initiatives and investments in renewable energy projects are also contributing to the region's prominence in the Brushless DC Motor Market.

 

Key Players

 

Some of the major players in the Brushless DC Motor Market are Ametek Inc. (US), Allied Motion, Inc. (US), NIDEC Corporation (Japan), MinebeaMitsumi Inc. (Japan), and Johnson Electric Holdings Limited (China). 

Energy Management Systems Market to Witness Revolutionary Growth by 2027

 According to the new market research report "Energy Management Systems Market by Component, Type (Home Energy Management Systems, Building Energy Management Systems, Industrial Energy Management Systems), Deployment, End-User Industry and Region - Global Forecast to 2027", published by MarketsandMarkets™, the global Energy Management Systems Market size is estimated to be USD 75.0 billion by 2027 from USD 38.6 billion in 2022, at a CAGR of 14.2% during the forecast period. The Energy Management Systems Market, is expected to witness significant growth during the forecast period. With such a high demand for energy resources, the volatility in energy prices centers on changes in supply and demand. Economic conditions, availability of energy resources, and increasing demand are the prime factors contributing to price volatility. With the advent of IoT for home automation and building automation purposes, managing energy efficiently has become a top priority. Hence, these factors are driving the need for energy management technology to monitor and optimize energy consumption, driving the growth of the global market of energy management systems.

Industrial energy management systems is expected to occupy majority of the Energy Management Systems Market share

Industrial energy management systems segment, by type, is projected to hold the highest market share during the forecast period owing to the advantages of tracking, analyzing, and planning the energy consumption in an industry. The IEMS market has continued to develop rapidly over the past few years, wherein ISO 50001 has become the established standard. New technologies available today allow greater insight into energy procurement, energy use, and the management of energy as an input to the industrial process. The key factors contributing to this larger share are increase in energy consumption, government regulations, and the goal of reducing carbon emissions and tackling climate change, which will eventually increase the demand for industrial energy management systems.

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Cloud Based segment by deployment is expected to grow at the highest CAGR from 2022 to 2027

Based on the deployment, the cloud-based segment is estimated to be the fastest-growing market from 2020 to 2027. Cloud-based systems provide access to information with greater flexibility. With the help of a cloud-based system, users can store information from many different data acquisition systems and access and analyze this information from different sites with one application. Because these systems are generally sold as a service, the consumer does not need to maintain and update the database and infrastructure, which again reduces wasted time and money that could be spent on implementing energy and money-saving practices based on the data received. Cloud-based software can allow small and medium-sized businesses to act faster than the established companies. This has expected to allow for a competitive edge in the market for energy management systems.

North America likely to emerge as the largest Energy Management Systems Market

North America accounted for the largest share in the global Energy Management Systems Market during the forecast period. North America’s market share can be attributed to the increased focus on home energy management systems with the increased installation of smart meters in the region. North America, followed by Europe contribute considerably to the global manufacturing and industrial sectors due to their developed economies and stringent government regulations related to efficient energy use. Integrating distribution automation and the sharing of infrastructure will help to further reduce operating costs in the industry. The Energy Department of the US is investing in strategic partnerships to accelerate investments in grid modernization. As a result, the region is expected to contribute substantially to the orders for energy management systems.

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Schneider Electric (France), ABB (Switzerland), General Electric (US), Emerson Electric Co. (US), and Siemens (Germany) are the key players in the global Energy Management Systems Market.

Industrial Filtration Market Huge Growth Opportunity between 2022-2027

 According to the new market research report "Industrial Filtration Market by Type (Air & Liquid), Product (Filter Press, Bag, Drum, Depth, Cartridge, HEPA, ULPA), Filter Media (Activated Charcoal, Fiberglass, Filter Paper, Metal, Nonwoven Fabric), Industry and Region - Global forecast to 2027", published by MarketsandMarkets™, the global Industrial Filtration Market is projected to reach USD 45.2 billion by 2027 from an estimated market size of USD 33.5 billion in 2022, at a CAGR of 6.2% during the forecast period. The key drivers for the growth of the Industrial Filtration Market include government mandates and policies for environmental protection, the need for safe working environments in industrial facilities, increased demand for equipment reliability and extended lifecycle, and industrial development in developing countries.

The liquid segment is expected to be the largest segment of the Industrial Filtration Market, by type, during the forecast period

The Industrial Filtration Market, by type, is segmented into liquid type and air type. The liquid type segment is expected to be the largest segment in the Industrial Filtration Market, by type, during the forecast period. Increasing environmental regulations related to the discharge of pollutants into the water bodies is expected to fuel the growth of the liquid type segment of the Industrial Filtration Market.

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The bag filter segment is expected to be the largest market, by product, during the forecast period

The Industrial Filtration Market, by product, is segmented into bag filter, filter press, cartridge filter, depth filter, drum filter, electrostatic precipitator, ULPA, HEPA and others. The market for bag filter is expected to hold the largest size of the market for industrial filtration during the forecast period. Low maintenance and low operational cost are driving the demand for bag filters.

The chemicals and petrochemicals is expected to be the largest market, by industry, during the forecast period

The Industrial Filtration Market, by industry, is segmented into food & beverage, chemicals & petrochemicals, power generation, oil & gas, pharmaceuticals, metal & mining, automotive and others. The chemicals & petrochemicals industry is expected to be the largest market for industrial filtration during the forecast period. The growth of this segment is driven by stringent regulations to reduce particulate emissions in food and beverage facilities.

North America is expected to dominate the global Industrial Filtration Market

The North America region is estimated to be the largest market for the industrial filtration, followed by Asia Pacific. The North American region is expected to lead the Industrial Filtration Market during the forecast period. The increasing investments in the manufacturing industry to control harmful particulate emissions and the rising stringent air pollution control norms are driving the Industrial Filtration Market in the region.

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The Industrial Filtration Market is served by a mix of large international players with operational presence across the globe and local players commanding a strong supply network in the domestic market. The leading players in the global Industrial Filtration Market include MANN + HUMMEL (Germany), Danaher (US), Parker - Hannifin (US), 3M (US) and Cummins (US).

Industrial Power Supply Market to See Huge Growth by 2026

 According to the new market research report "Industrial Power Supply Market By Type (AC-DC and DC-DC Converter), Output Power (Very Low Output(up to 500W), Low Output(500-1,000W) Medium Output(1,000W–10kW), High Output(10-75kW), Very High Output(75-150kW), Vertical, Region - Global Forecast to 2026", published by MarketsandMarkets™, the global Industrial Power Supply Market size is projected to reach USD 9.7 billion by 2026.The global Industrial Power Supply Market size is expected to grow from an estimated USD 7.0 billion in 2021 to USD 9.7 billion by 2026, at a CAGR of 6.9 %. The drivers for this market are Increasing demand for energy-efficient devices in industrial sector and Surging adoption of electric vehicles worldwide. The market is segmented by product type, output power, vertical, and region.

AC−DC Converters is expected to dominate the Industrial Power Supply Market.

The market is segmented by product type into AC−DC converters and DC−DC converters. AC−DC converters accounted for the larger share of the Industrial Power Supply Market in 2020. Rising demand for AC-DC power sources in automotive charging and defense applications to propel the growth of market for AC-DC converters.

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Transportation is projected to have a higher growth rate in the Industrial Power Supply Market.

The market is segmented by vertical into transportation, military & aerospace, lighting, test & measurement, semiconductor, battery charging & test, robotics, industrial 3D printing, and laser. The transportation segment is estimated to lead the market and is also expected to register a higher CAGR. In automotive applications, power supplies are used in high-performance electric vehicle charging stations and they are also used in electric vehicles (EVs) and hybrid electric vehicles (HEVs) to change the DC power from an on-board high-voltage battery into lower DC voltages to power headlights, interior lights, wipers, window motors, fans, pumps, and many other systems. The growing demand for electric vehicles to reduce the overall carbon footprint is a major driver for the transportation vertical in the Industrial Power Supply Market.

Asia Pacific is expected to dominate the global Industrial Power Supply Market.

Asia Pacific is estimated to be the largest Industrial Power Supply Market during the forecast period. As per the International Energy Agency (IEA) report, around 45% of electric cars on the road in 2018 were in China which is a total of 2.3 million as compared to 39% in 2017. Top EV manufacturers such as SAIC, FAW, Dongfeng, Chana, etc. have their manufacturing locations situated in China, wherein a lot of power supplies is demanded per year for the testing requirements. Also, the rising industrial automation in the countries like India & Japan along with the strict regulations and standards for the use of industrial electronics in developing countries such as China, Japan, and, India are the driving factors for the growth of industrial power supplies market in the region.

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To provide an in-depth understanding of the market’s competitive landscape, the report includes the profiles of some of the top manufacturers in the Industrial Power Supply Market. These players include TDK Lambda (Japan), XP Power (Singapore), Delta Electronics (Taiwan), Siemens (Germany), and Murata Power Solutions (US).

Gas Engines Market is Booming Worldwide with Caterpillar, Wärtsilä, Cummins, Man SE, and Rolls-Royce Holdings.

 The global Gas Engines Market size is expected to grow from an estimated USD 4.0 billion in 2019 to USD 5.3 billion by 2024, at a CAGR of 5.7%, from 2019 to 2024. Europe is estimated to be the largest consumer of gas engines, followed by North America. This trend is expected to continue during the forecast period. The growth of the gas engines industry is driven by the increasing demand for clean and efficient power generation technology and implementation of stricter emission regulations globally.

The power generation application segment is expected to be the largest segment of the gas engines industry.

The power generation segment is expected to be the largest application segment of the market in 2018. Gas engines are used mainly for power generation, by manufacturing plants, commercial buildings, public buildings, and utilities for on-site power generation. The governments of developing nations around the world are spending heavily on the construction of new gas-fired power plants while those in developed economies are investing in their aging gas-fired power plants. The demand for new gas-fired power plants due to the increasing energy needs is expected to drive the power generation application segment of the Gas Engines Market during the forecast period.

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The cogeneration segment is expected to grow at the fastest rate.

In cogeneration applications, gas engines produce power along with energy for space heating and water heating. It is an efficient method of power generation using gas engines and enables energy savings of up to 60%.

Cogeneration is used mainly in steel mills, chemical & food processing plants, paper & pulp mills, and district heating plants. Apart from industrial end-users, public buildings, such as schools, colleges, administrative buildings, and hospitals, also utilize gas engine-based power plants for producing electricity and heat. The growth of cogeneration application is attributed mainly to the increasing installed capacity of gas-fueled CHP power plants in cold climate countries.

Europe is expected to be the largest gas engines market

In this report, the gas engines industry has been analyzed for five regions, namely, North America, Europe, Asia Pacific, South America, and the Middle East & Africa. The European market is expected to lead the Gas Engines Market during the forecast period. The growth of the market in the European region can be attributed to EU's policies to curb CO2 emission, establish gas distribution networks, and increase production of biogas.

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Some of the top players in the Gas Engines Market including Caterpillar (US), Wärtsilä Corporation (Finland), Rolls-Royce Holdings plc (UK), Cummins (US), and Man SE (Germany). 

Trends and Opportunities for the Industrial Gearbox Market

The global Industrial Gearbox Market is expected to grow from an estimated $25.91 billion in 2018 to $31.90 billion by 2023, at a CAGR of 4.25% from 2018 to 2023.  Increasing requirement for efficient energy gearbox and clean energy sources are driving the growth of the industrial gearbox market. The increasing automation in manufacturing technology is facilitating the growth of the industrial gearbox market. In addition, increasing investments in renewable power generation, with a skew towards wind power, is driving the industrial gearbox market.

The wind power segment is expected to grow at a high rate in the industrial gearbox market

The wind power segment is expected to grow at the fastest rate in the industrial gearbox market. The growth in the wind power segment is driven by the increasing investment in wind power installations in Asia Pacific, North America, and Europe. The Global Wind Energy Council has projected installation of more than 300 GW of wind power during the forecast period. A large number of installations are projected to be in Asia Pacific, North America and European regions. The growing installation of wind turbines will drive the growth of industrial gearboxes.

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Industrial Gearbox market has been segmented on the basis of end-user industries:

 

·         Wind Power

·         Cement & Aggregates

·         Chemical, Rubber & Plastics

·         Construction

·         Food & Beverage

·         Marine

·         Material Handling

·         Metals & Mining

·         Power Generation

·         Recreational Vehicle

·         Transportation Industry

·         Agriculture

·         Automotive

·         Others (Aerospace, Defence, Semiconductor, Robotics, Textile, Healthcare)

Asia Pacific is expected to be the largest industrial gearbox market

Asia Pacific region is estimated to lead the Industrial Gearbox market in the forecast period. The market in Asia Pacific is expected to hold the largest share and is forecast to grow at the fastest rate during the forecasted period.  The region holds the largest market share globally as the countries such as China and Japan are among the largest manufacturing countries in the world. In addition to this, the projected installation of wind power and the growing automation in the manufacturing industries in the region is driving the growth of the industrial gearbox market in Asia Pacific.

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Some of the top players in the Industrial Gearbox Market include Siemens AG (Germany), Bonfiglioli Italia S.P.A (Italy), Bondioli & Pavesi (Italy), Sew-Eurodrive (Germany), and Dana Brevini (Italy).

Arc Flash Protection Market: Remarking Enormous Growth with Recent Trends & Demand by Top Key Players

The arc flash protection market is projected to grow from an estimated USD 1.85 Billion in 2017 to USD 2.41 Billion by 2022, at a CAGR of 5.38% from 2017 to 2022. The market in North America is estimated to be the largest markets for arc flash protection system and equipment, followed by the market in Europe. This trend is expected to continue till 2022. The growth of the arc flash protection market is driven by increasing investments in electrical networks and growth of the manufacturing sector in South-East Asia.

North America: The leading market for arc flash protection

The market in North America is expected to dominate the global arc flash protection market, given the increasing awareness to reduce the electrical risk hazards at workplace in order to create a safer environment for personnel as well as the equipment. Growth in industries such as food & beverage, infrastructure and transportation, utility, and mining, is also expected to increase capital spending on safety equipment by major manufacturers. All these factors are expected to drive the North American arc flash protection market.

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The arc flash protection market in the Middle East is projected to grow at the fastest rate from 2017 to 2022. Increasing investment in the electrical infrastructure and key focus on electrical safety issues will be driving the growth of the arc flash protection market in the region during the forecast period. The region also witnessed investment in the transportation and infrastructure segment, which are also driving the arc flash protection market.

The utilities segment in the arc flash protection market is expected to be the largest market. Growing demand for electricity has resulted in significant capital spending on electrical networks to boost power generation and improve transmission and distribution quality. Increase in expenditure on electrical networks from China, India, and countries in the Middle East would drive the utilities segment.

The upgradation of existing safety equipment installed across applications in switchgears, distribution boards, motor control centers, and panel boards is expected to create new opportunities for arc flash protection equipment companies. Moreover, governments in most of the countries are investing in renewable energy-based power generation to match up with the growing energy demand. The companies are focusing on deploying High Voltage Direct Current (HVDC) systems as they are efficient for long-distance power transmission. All these factors will drive the arc flash protection market during the forecast period.

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The arc flash protection market is dominated by a few global players. Key players operating in the market include ABB, Ltd. (Switzerland), General Electric (U.S.), Schneider Electric (France), Eaton Corporation (Ireland), Siemens AG (Germany), and Littelfuse, Inc. (U.S.) among others.

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