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DUBLIN--(BUSINESS WIRE)--Dec 5, 2022--
The "Global Blowers Market by Product Type (Positive Displacement Blowers, Centrifugal Blowers, High-speed Turbo Blowers, Regenerative Blowers), Pressure (Up to 15 psi, 15-20 psi, Above 20 psi), Distribution Channel, End-use Industry, and Region - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The global blower market is anticipated to grow from an estimated USD 3.5 billion in 2022 to USD 4.3 billion in 2027, at a CAGR of 4.3%
Blowers serve a spectrum of applications, including cooling, aspirating, aerating, pneumatic conveying, ventilating, and exhausting, in a variety of industries. Blowers are used to cool electronic enclosures, induce drafts in boilers, increase airflow in engines, and are configured in a variety of designs such as centrifugal flow or positive displacement styles.
The rising upgradation and modernization of blowers for various end-use industries are expected to offer lucrative opportunities for the blower market during the forecast period.
Positive displacement blowers: The largest segment of the blower market, by product type
Based on product type, the blower market has been split into positive displacement blowers, centrifugal blowers, high-speed turbo blowers, and regenerative blowers.
Positive displacement blowers were estimated to account for a larger share of the blower market in 2021. The rising global industrial investments and the increasing adoption of wastewater treatment plants are prime factors for the higher demand for positive displacement blowers.
Up to 15 psi segment is expected to emerge as the largest segment based on pressure
The blower market has been segmented into the Up to 15 psi, 15-20 psi, and Above 20 psi based on pressure. The design requirements of the end-use industries dictate the pressure rating of the required blowers.
Low-pressure blowers are the most used variant, and they are suitable for high flow volume applications. Most blower manufactures offer low-pressure systems, whereas medium- and high-pressure blowers are mostly sold on custom requirements.
North America is expected to be the second largest market during the forecast period
North America is expected to be the second-fastest growing market due to the increasing investments in energy efficiency and the development of water & wastewater treatment industries.
The water & wastewater treatment sector in the region is among the largest in the world. Construction and upgradation of water and wastewater treatment plants are also gaining momentum across the US and may also drive the demand for blowers along with other industries in the region.
Competitive landscape
The blower market is dominated by a few major players that have a wide regional presence. The leading players in the blower market are Ingersoll Rand (US), Atlas Copco (Sweden), Aerzen Machine (Germany), Xylem (US), and Kaeser Kompressoren (Germany).
Summary
4 Premium Insights
Market Dynamics
Drivers
Restraints
Opportunities
Challenges
Case Study Analysis
Company Profiles
Key Players
Other Players
For more information about this report visit https://www.researchandmarkets.com/r/odo9d7
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SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 12/05/2022 09:01 AM/DISC: 12/05/2022 09:02 AM
http://www.businesswire.com/news/home/20221205005441/en