A new Report by Delvens, titled "Blower Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global Blower Market size is USD 3.5 billion in 2022 and is projected to reach a CAGR of 2.5% from 2023-2030.
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An apparatus that is used to boost the velocity of gas or air as it travels through impellers is called a blower. Exhausting, aspirating, cooling, ventilating, and conveying are the primary uses of blowers. In several industries, they are also known as centrifugal fans.
The Prominent Players in Blower Market are:
· Atlas Copco
· Shandong Zhangqiu Blower Co., Ltd.
· Ingersoll Rand, Inc.
· Aerzener Maschinenfabrik GmbH
· ZCJSD
· Shandong Huadong Blower Co., Ltd.
· Xylem Inc.
· Everest Blowers Pvt. Ltd.
· Manvac Technik Limited
· Turbo Blower Manufacturer and More
The majority of industries that require moderate pressure in conditions where pressure is greater than that of the fan but lower than that of the compressor use blowers. In the suction section, the rotating fan in the blowers vacuums the air. After that, the trapped air is forced into the outlet side. Blowers are categorized as either positive displacement or centrifugal for use in industrial settings.
The primary factor driving the market growth is the increasing commercial and industrial sector. The average height of buildings and traffic congestion have been rising in tandem with population growth and urbanization.
The demand for ventilation equipment to make up for the lack of proper ventilation is anticipated to rise during the forecast period as this trend is expected to continue. This presents a growth opportunity for the market.
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Asia Pacific's growing number of industries is contributing to the region's dominance of the global blower market. The European blower market is also being driven by increasing demand for blowers for a wide range of applications, including conveying, aspirating, exhausting, and cooling. In addition, the global blower market is dominated by the water treatment plant industry in terms of volume and value. However, the blower market's expansion may be stifled by high operating and maintenance costs. However, during the forecast period, industrialization in developing nations is likely to propel the blower market.
Key Findings
The product type segment is divided into Positive Displacement Blower, High-Speed Turbo Blower, centrifugal blowers, and regenerative blowers. The high-speed turbo blowers are expected to be growing at the highest rate and dominate the market during the forecast years with the market being driven by high efficiency.
The pressure segment is further segmented into up to 15 psi, 15-20 psi, and above 20 psi. Upto 15 psi Is expected to dominate the future market and grow at the highest rate during the forecast years. The market driving force is the increasing demand for blowers.
The end-user industry segment is further fragmented into Cement Plants, Steel Plants, Mining, Power Plant, chemicals, Oil & Gas, Aerospace & Defense, Food Processing, Pulp & Paper, Water Treatment Plants, and Others. The food and beverage segment are anticipated to be the second-largest segment during the forecast years.
Regional Analysis
Asia Pacific to Dominate the Market
· The region of Asia-Pacific has a larger share of the market. Due to the rapidly rising demand for energy and expanding commercial and industrial operations, China is one of the largest producers and exporters of fans and blowers worldwide.
· The domestic market for fans and blowers is likely to be pushed by China's expanding industrial operations, which are anticipated to surpass those of the United States and establish the nation as an economic superpower.
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In addition to the market data for Blower Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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