Press release

Blower Market Anticipated to Reach $4.6 billion by 2028, Witnessing a CAGR of 4.8% during the forecast period.

Blower Market Anticipated to Reach $4.6 billion by 2028, Witnessing a CAGR of 4.8% during the forecast period.

 

 
The global blower market is projected to reach USD 4.6 billion by 2028 from an estimated USD 3.7 billion in 2023, at a CAGR of 4.8% during the forecast period. The global market for blowers is propelled by escalating demand in industries such as food and beverage, cement, wastewater treatment, and many more. Increasing emphasis on energy efficiency, stringent environmental regulations, and growing infrastructural developments worldwide contribute to the rising adoption of blowers, driving market expansion and technological advancements.

https://www.marketsandmarkets.com/Market-Reports/blower-market-23329060.html

The increasing demand for blowers across various industries is spurred by their versatile applications. From ventilation and cooling in manufacturing plants to combustion support in furnaces, blowers play a pivotal role in diverse industrial processes. The emphasis on energy efficiency, stringent environmental regulations, and the need for precise air and gas handling contribute to the growing adoption of blowers. Industries ranging from manufacturing and construction to wastewater treatment find these devices essential, driving the overall demand for blowers across diverse sectors.

Blower Market Ecosystem
Leading companies in this market include well-established, financially secure producers of blower products. These corporations have been long operating in the market and have a differentiated product portfolio, modern manufacturing technologies, and robust sales and marketing networks. Major companies in this market include Atlas Copco (Sweden), Ingersoll Rand (US), Kaeser Kompressoren (Germany), Aerzen (Germany), and Xylem (US).

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=23329060

This research report categorizes the blower market by product type, pressure, end-use industry, distribution channel, and region
On the basis of product type, the blower market has been segmented as follows:

Positive Displacement Blowers
Centrifugal Blowers
High-speed Turbo Blowers
Regenerative Blowers

On the basis of pressure, the blower market has been segmented as follows:

Up to 15 psi
15-20 psi
Above 20 psi

On the basis of the end-use industry, the blower market has been segmented as follows:

Cement
Steel
Mining
Power
Chemicals & Petrochemicals
Pulp & Paper
Food & Beverage
Pharmaceuticals
Water & Wastewater Treatment
Others

On the basis of the distribution channel, the blower market has been segmented as follows:

Online
Offline

On the basis of region, the blower market has been segmented as follows:

Asia Pacific
Europe
North America
Middle East & Africa
South America

Positive displacement blowers, by product type, are expected to grow by the largest segment during the forecast period.

Based on product type, the blower market has been segmented into positive displacement blowers, centrifugal blowers, high-speed turbo blowers, and regenerative blowers. Positive displacement blowers are in high demand across a wide range of sectors because of their unparalleled versatility and dependability. Given their superior ability to deliver steady airflow and pressure, these blowers are crucial for use in water treatment facilities, wastewater treatment facilities, and pneumatic conveying. Businesses value their versatility in managing a variety of gases and their capacity to function under difficult circumstances. Positive displacement blowers are in more demand as industries place a higher value on accuracy and longevity while still satisfying the wide range of requirements for industrial operations.

The pressure segment above 20 psi segment is expected to grow at the second fastest CAGR during the forecast period.

This report segments the blower market based on pressure into up to 15 psi, 15 - 20 psi, and above 20 psi. The above 20 psi segment is expected to be the second fastest-growing segment during the forecast period. The above 20 psi blowers can also be known as the high-speed blowers. The industry uses these blowers because of how well they work to provide tailored airflow and quick air circulation. For procedures that need rapid cooling, ventilation, or material handling, these blowers are essential. Their capacity to provide strong airflow at high velocities speeds up production by accelerating temperature regulation and guaranteeing ideal conditions in industrial environments. High-speed blowers are a favored option for many industrial applications as they also aid in energy conservation and process optimization.

Make an Inquiry @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=23329060

Europe is expected to be the third largest region in the blower market.

Europe is expected to be the second-largest blower market during the forecast period. The European region has been subdivided into five key countries: the UK, Germany, France, Italy, Spain, and the Rest of Europe. High and medium-voltage products are crucial to industries as they enable efficient power transmission over long distances from generation centers to transformer substations. The revitalization of the European industrial sector and the establishment of new industrial set-ups and facilities are also expected to fuel the demand for high & medium-voltage products in the region.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: newsletter@marketsandmarkets.com

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.


Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on woodPRI. woodPRI disclaims liability for any content contained in this release.

Recommend

Microencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market. Extensive research is required for choosing the appropriate cor...
Germany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
Securities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
Renewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
How Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020: Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
Corporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview: E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...