Blower Market: Introduction
Transparency Market Research delivers key insights on the global blower market. In terms of revenue, the global blower market is estimated to expand at a CAGR of 5.3% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global blower market.
Companies are heavily investing in R&D to launch an exclusive collection of blowers. Manufacturers are expanding their product lines to meet the increasing demand for blowers. Moreover, the growing demand from water treatment plants and oil & gas industry is expected to boost the blower market during the forecast period.
Blower Market: Key Segments
In terms of product type, positive displacement (PD) blowers dominate the market globally. Positive displacement blowers are oil free machines that push a relatively constant volume of the gas handled at the inlet through to the discharge. Furthermore, PD blowers are used in a variety of applications and industries, making them a preferred investment to improve processes and cut lead times.
Based on pressure, high-pressure blowers are anticipated to account for a majority of the market share in terms of value and volume, as well as CAGR, during the forecast period. The pressure of a blower is governed by the application for which it is being utilized. Turbo blowers are apt for applications needing pressure up to 2 bar, are demand-based, have excellent efficiency over a wide range of flows, and require less maintenance.
Based on end-use industry, the water treatment plant sector dominates the worldwide blower market in terms of volume and value. In addition, the water treatment plant market is projected to expand at a steady pace. Blowers provide the necessary aeration, keep bacteria suspended, and allow solids to separate from liquids (flocculation), all of which are necessary for successful wastewater treatment.
In terms of distribution channel, the direct sales segment (offline) accounts for a major share of the global blower market and expected to remain the major channel of distribution during the forecast period. Companies purchasing blowers tend to purchase the product directly from manufacturers to avoid the charges levied by the distribution partner. The direct sales sub-segment is expected to account for a major share of the offline distribution channel segment during the forecast period.
Blower Market: Prominent Regions
Asia Pacific is expected to hold a major market share, followed by Europe. The large share of Asia Pacific can be attributed to the use of blowers having a wide range of applications in different industrial segments. Furthermore, Europe is experiencing increasing usage of blowers for cooling, exhausting, ventilating, aspirating, conveying, and many other applications. As compared to other regions, the market in Middle East & Africa and South America is expected to witness slower growth during the forecast period.
Blower Market: Key Players
Key players operating in the global 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, etc.
Global Blower Market: Segmentation
Blower Market, by Product Type
Blower Market, by Pressure
Blower Market, by End-use Industry
Blower Market, by Distribution Channel
Blower Market, by Region
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