Blower Market - Trends Forecast Till 2030

Market Snapshot

Market Overview

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.

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 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.

The COVID-19 outbreak has developed into a global pandemic and is spreading at an unprecedented rate and scale. Industrial equipment was not an exception to this rule. The blower market is dealing with the immediate impact of COVID-19 because consumer operations and manufacturing and supply chain operations are both being disrupted. This had an exponential effect throughout the entire supplier network, knocking out blower manufacturers slowly but surely. Worker absence, restricted site access and collaboration, and travel restrictions are additional issues that have emerged as a result of the spread of the coronavirus and need to be resolved as soon as possible.

Major nations have reduced or stopped manufacturing and industrial trade as a result of the pandemic, which has had a significant impact on the demand for blowers. The end-use industries were limited in their expenditure on blowers due to a number of economic obstacles. With regard to the ongoing restrictions imposed by the pandemic and the safety of their stakeholders, industries and key leading businesses are planning their next plans.

Delvens Industry Expert's Standpoint

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.

Market Portfolio

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.

Competitive Landscape

• 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

Recent Developments

• Ingersoll Rand, Inc. purchased the "Tuthill Vacuum and Blower Systems" division of Tuthill Corporation in February 2021. The company will be able to improve its application engineering and technical support capabilities as a result of this acquisition.
   
• Zeeland Clean Water Plants received a comprehensive new product portfolio from Xylem, Inc. in October 2020. Aerobic tanks, brand-new blowers, air flow meters, and air control valves are among the new solutions. There are features built into the new line of blowers to cut down on energy, chemical use, and wear.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
   
• Gain authentic and granular data access for Blower Market so as to understand the trends and the factors involved behind changing market situations
   
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
   
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope