4. Screw Compressors
Screw compressor is known for strong extendibility which makes it applicable in the fields of air conditioning, refrigeration, and freezing. Nowadays, screw compressors are widely applied to large water- and ground-source heat pumps and heat recovery heat pumps in commercial and industrial sectors.
Screw compressor markets in Middle East, the United States, and India presented smooth growth in 2015. However, over production in China caused huge inventory in screw compressors, leading to sluggish demand and posing huge challenge to the global market.
The global screw compressor demand was 138,000 units in 2015, a year-on-year decrease of 6.6%. China, Europe, and the United States are the three big markets. Their market scale in 2015 were 55,000 units, 34,000 units, 32,000 units, respectively.