According to a research report "Blower 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, & Region - Global Forecast to 2027" published by MarketsandMarkets, the blower market size will grow to USD 4.3 billion by 2027 from USD 3.5 billion in 2022, at a CAGR of 4.3% during the forecast period.
Browse 144 market data Tables and 46 Figures spread through 229 Pages and in-depth TOC on "Blower
Market - Global Forecast to 2027"
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=23329060
Blowers are mechanical or electro-mechanical devices used to induce gas flow through ducting, electronics chassis, process stacks, etc. Blowers are typically used when the pressure requirement falls somewhere between that of a fan and that of a compressor. Blowers are used for a wide range of applications in a variety of industries, including cooling, pneumatic conveying, ventilating, aspirating, aerating, and exhausting, among others. Blowers are used to cooling electronic enclosures, induce drafts in boilers, increase airflow on engines, and are configured in a variety of designs such as centrifugal flow or positive displacement styles.
The Positive displacement blowers, by Product Type, are expected to be the most significant blower market during the forecast period.
The positive displacement blowers segment accounted for the largest share of the blower market in 2021. Positive displacement blowers operate in a simple manner and require low maintenance. Nowadays, these types of blowers are used along with variable frequency drives (VFDs) for speed control and to improve the blower’s operational efficiency. The most common fields of applications for positive displacement blowers are air injection in the oxidation tanks of wastewater treatment plants, pneumatic conveying, and air injection in saturated soils to promote biodegradation of the contaminants. The advantage of positive displacement blowers is that the gas moving through the machine remains uncontaminated and completely oil-free. The main disadvantage of positive displacement blowers is their high temperature and noise levels during operations.
By the End-Use industry, Water and wastewater treatment is expected to have the largest market share during the forecast period
The water & wastewater treatment end-use industry accounted for the largest share of the blower market. Blowers are a crucial element of wastewater treatment facilities, where they are utilized to power a variety of applications. Some of the most common processes and applications of blowers include diffused aeration, filter backwashing, grit chamber aeration, anaerobic digestion, sequencing batch reactor (SBR), moving bed biofilm reactor (MBBR), membrane bioreactor (MBR), lagoon aeration, and activated sludge process. Blowers are mostly used in the secondary phase of treatment to create air bubbles for aeration and agitation processes.
Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=23329060
The Asia Pacific is expected to be the largest region in the blower market
The Asia Pacific is expected to be the largest in blower market during the forecast period. The region is experiencing rapid development and growth fueled by the growth of major economies such as China, India, Malaysia, Indonesia, Thailand, Vietnam, South Korea, and Japan. According to International Monetary Fund (IMF), the region’s economy is forecast to swell by 6.5% in the fiscal year 2021 and 5.7% in the fiscal year 2022. The growth slowdown as a result of the COVID-19 pandemic in 2020 significantly affected the region, which saw its economy decline by about 1.5% in 2020.
Some of the major players in the global blower market are Ingersoll Rand (US), Atlas Copco (Sweden), Aerzen Machine (Germany), Xylem (US), and Kaeser Kompressoren (US). The major strategies adopted by these players include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
No comments:
Post a Comment