Published Date: 30-Sep-2022
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According to a new report, published by KBV research, The Global Blower Market size is expected to reach $4.4 billion by 2028, rising at a market growth of 4.4% CAGR during the forecast period.
The Up to 15 psi market is showcasing a CAGR of 4% during the forecast period. The demand for blowers in industries including aeration, dust collection, gas treatment, soot removal, and pneumatic transfer is what drives the market for the up to 15 psi segment. In addition, the lower power consumption of this type of blower is also a major factor that is propelling the adoption of the blowers with pressure up to 15 psi.
The Positive Displacement market has acquired the maximum revenue share in the Global Blower Market by Product Type in 2021, thereby, achieving a market value of $2.2 billion by 2028. Positive displacement blowers generally employ a straight lobe rotor with two or three lobes and are classified as twin lobe rotary air blowers as well as tri-lobe rotary air blowers. Blowers with positive displacement are more efficient than other types of blower.
The Mining market has shown the high growth rate of 5.2% during (2022 - 2028). The rise in the growth of the segment is primarily attributed to an increase in the mining industry all over the world, especially in gulf countries. Additionally, industrial air blowers are perfect for mining applications since they can move air in both vacuum and pressurized environments. Thus, there has been a surge in the use of blowers in the mining business. Therefore, the growth of the segment is spurred.
The Asia Pacific market dominated the Global Blower Market by Region in 2021, thereby, achieving a market value of $1.6 billion by 2028. The Europe market is registering a CAGR of 3.9% during (2022 - 2028). Additionally, The North America market would exhibit a CAGR of 3.7% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/blower-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Ingersroll Rand, Inc., Atlas Copco AB, Xylem, Inc., Kaeser Kompressoren SE, Ebara Corporation, Aerzener Maschinenfabrik GmbH, Piller Blowers & Compressors GmbH, Everest Blowers Private Limited, Kay International Pvt. Ltd., and Manvac.
By Basis of Pressure
By Product Type
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