Global Screw Expander Market Overview:
The global Screw Expander market is expected to witness high demand in the forecasted period due to increasing applications in the various end-user industries. Screw expander is a positive displacement type equipment. It comprises a meshing pair of helical lobed rotors contained in a casing which together form a working chamber, the volume of which depends only on the angle of rotation. With a steam screw expander, power plants can accept saturated, dry or overheated steam and, when combined with an organic Rankine cycle (ORC) system, many types of gas as well. Steam screw expanders also help with decompression, cooling, and other functions.
Growth Drivers
- The growing demand from various end-user industries
- Upsurging demand from oil and gas industries due to pressure regulation in steam or gas pipelines
Market Trends
- The rising demand due to the functions such as Heat recovery
- The upsurging usage in power generation from flash steam and geothermal brine
Roadblocks
- The concern regarding the cost of the product
Opportunities
- The high demand due to the technological advancement
- Increasing Industrial expansion across the globe
Challenges
- Intense competition available in the global market
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Heliex Power (United Kingdom), Wuhan-New World Refrigeration Industrial (China), Huadian Electrical Power (China), Kaishan (United States), Green Secure Power Systems Pvt Ltd (India), ENERBASQUE (Spain) and SON Srl (Italy). Analyst at AMA Research see European Manufacturers to retain maximum share of Global Screw Expander market by 2026.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Screw Expander market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Screw Expander market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Screw Expander Manufacturer, Screw Expander Distributors, Screw Expander Suppliers, Government Regulatory Bodies, Private Research Organizations, Government Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.