Blower Market: Global Industry Analysis and Forecast (2024-2030)
Blower Market was valued at USD 5.58 billion in 2023. Global Blower Market size is estimated to grow at a CAGR of 4.2% over the forecast period.
Format : PDF | Report ID : SMR_852
Blower Market Definition:
Blowers are generally used to incorporate air movement in industrial buildings and enclosed structures in air handling equipment and heating, ventilation, and air conditioning (HVAC) units. Centrifugal blowers are utilized in a variety of applications, including combustion air supply, cooling and drying systems, dust control systems, and air conveyor systems. Air blowers are used in a variety of applications due to their various advantages. Air blowers are utilized in a variety of applications, including air ventilation, paint shops, boilers, and hotel kitchen exhausts. This will likely increase demand for air blowers.
Further, the Blower market is segmented by Movement Of Air, End-user Industry, & geography. On the basis of Movement Of Air, the Blower market is segmented under Positive Displacement & Centrifugal. Based on the End-user Industry, the Blower market is segmented under Food & Beverages, Wastewater Treatment, Pharmaceutical, Chemicals & Petrochemicals. By geography, the market covers the following regions: North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done on the basis of value in USD Billion.
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Blower Market Dynamics:
Market Drivers:
Increase in Construction Sector: The construction industry's growth is driven by several factors. The acceleration in construction production is mainly driven by an increase in infrastructural activities in advanced economies, with total growth of 2.7 % compared to 2.0% in 2021. In addition, increasing infrastructure operations and home starts as a result of increasing urbanization and population are driving up market demand. The building industry's growing demand for cement will help the product penetration.
Rapid Industrialization and Urbanization: The market is being driven by factors such as increased industrialization and urbanization in developing economies, as well as an increase in global electricity demand due to population growth. The market is expected to increase in the coming years due to the development of many industries such as cement, steel, chemical, manufacturing, and construction. Also, air blowers are increasingly being used in the food and beverage sector for applications such as drying excess products, dust removal, belt cleaning, reducing product slides, and pan and tray cleaning, among others, based on end-use industries.
Increased Demand in Food, Beverage, & Mining Industries: One of the most important end-users in the blower market is the food and beverage industry. Further, the global demand is being driven by the industry's increasing growth, which is attributed to an increase in packaged food consumption. Also, air blowers can convey air in both vacuum and pressurized environments, making them suitable for mining applications. The global blower market is being driven by increased demand from the mining industry.
Market Restraints:
High Maintenance Costs: The lack of alternative air blowers, as well as their high maintenance and operating costs, may limit the market's growth. Operational costs for operating air blowers rise as fuel usage rises. Also, the building, manufacturing, hotel, and tourism industries were severely impacted by COVID-19. Manufacturing activities were also severely hampered or halted. On a global scale, construction and transportation activities, as well as their supply networks, were disrupted. This resulted in a decrease in air blower production, which immediately hampered market growth.
Blower Market Trends:
One of the primary factors driving the global market for air blowers is rapid growth in the industrial sector. The government of developing countries like India and China is investing a lot of money in infrastructure and the manufacturing sector, therefore, demand for air blowers is increasing as a result of the increased demand from the industrial sector. Due to fast industrialization and urbanization, rising population, and favorable government plans for industrial development in the region, manufacturing industries in the Asia Pacific region are expected to grow rapidly in the near future. Air blowers are utilized in the food and beverage industry for various purposes, contributing to the market's growth.
Blower Market Segment Analysis:
By Movement of Air, the Blower Market is segmented into Centrifugal blowers and positive displacement blowers. Centrifugal segment dominated the market with more than 51% share in the market. Due to their simple mechanism, centrifugal blowers are the most extensively used. Centrifugal blowers comes in single-stage and multi-stage configurations. It primarily consists of a variety of blade orientations that are either directly coupled to drive motors or driven by electric motors via a belt and sheave system. Positive displacement blowers use a series of co-rotating shafts to move air in a regulated manner. Industrial air blowers are utilized for a variety of purposes, including industrial air exhaust, combustion air for burning, and an industrial vacuum.
Centrifugal blowers are utilized in a variety of applications, including combustion air supply, cooling and drying systems, dust control systems, and air conveyor systems. Positive displacement blowers are also commonly utilized in moist environments, such as sewage aeration, filter flushing, pneumatic conveying, and gas boosting, among other things. Air blowers are also utilized for industrial air exhaust, combustion air for combustion, and industrial vacuum applications.
By End-user Industry, air blowers segment dominated market share accounting for more than 50% in 2023. Air blowers are used in the food and beverage industry for applications like drying excess products, belt cleaning, product slippage, dust removal, and pan and tray cleaning, among others. As a result, the thriving food and beverage industry and the growing applications of air blowers in the sector are expected to enhance the growth of the market globally.
Blower Market Regional Insights:
During the forecast period, Asia Pacific is expected to have the greatest market share in the air blower industry. This is due to the growing use of air blowers in a variety of industries, including pharmaceuticals, chemicals, and petrochemicals, as well as the fast-growing food and beverage sector due to population expansion. Rapid urbanization and industrialization in emerging countries like India and China are likely to boost market growth significantly.
Blower Market Key Players Insights:
The market is characterized by the existence of several well-known firms. These companies control a large portion of the market, have a wide product portfolio, and have a global presence. In addition, the market comprises small to mid-sized competitors that sell a limited variety of items, some of which are self-publishing organizations.
The market's major companies have a significant impact because most of them have extensive global networks through which they can reach their massive client bases. To drive revenue growth and strengthen their positions in the global market, key players in the market, particularly in North America and Europe, are focusing on strategic initiatives such as acquisitions, new collection launches, and partnerships.
The objective of the report is to present a comprehensive analysis of the Global Blower market to the stakeholders in the industry. The report provides trends that are most dominant in the Global Blower market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Global Blower Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.
The qualitative and quantitative data provided in the Global Blower market report is to help understand which market segments and regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Global Blower market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Global Blower market.
The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their product quality is in the Global Blower market. The report also analyses if the Global Blower market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, and if the market is dominated by a few players, etc.
The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Global Blower market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Global Blower market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Global Blower market is aided by legal factors.
Blower Market Scope:
Blower Market |
|
Market Size in 2023 |
USD 5.58 Bn. |
Market Size in 2030 |
USD 7.44 Bn. |
CAGR (2024-2030) |
4.2% |
Historic Data |
2018-2022 |
Base Year |
2023 |
Forecast Period |
2024-2030 |
Segment Scope |
By Movement Of Air
|
By End-user Industry
|
|
Regional Scope |
North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
Blower Market Key Players:
- Bosch Limited (Gerlingen, Germany)
- Mitsubishi Hitachi Power Systems, Ltd (Woodmead Sandton, Johannesburg South Africa)
- Cheston, Makita Corporation (Japan)
- SKIL Power Tools (Breda, Netherlands)
- Leister AG (canton Obwalden, Switzerland)
- Everest Blowers Private Limited (New Delhi, India)
- Airvac Industries Pvt. Ltd (Mumbai, India)
- Illinois blower, Inc. (Greater Chicago Area, Great Lakes, Midwestern US)
- Kawasaki Heavy Industries, Ltd (Tokyo, Japan)
- General Electric Company (Boston, United States)
- Tuthill Corporation (Burr Ridge, Illinois, United States)
- Gardner Denver Inc. (Davidson, North Carolina, United States)
Regional Breakdown:
Asia Pacific Blower Market: Industry Analysis and Forecast (2024-2030) Trends, Statistics
Frequently Asked Questions
Asia Pacific region is expected to hold the highest share in the Blower Market.
The market size of the Blower Market by 2030 is expected to reach USD 7.44 Billion.
The forecast period for the Blower Market is 2023-2030.
The market size of the Blower Market in 2023 was valued at USD 5.58 Billion.
- Scope of the Report
- Research Methodology
- Research Process
- Global Blower Market: Target Audience
- Global Blower Market: Primary Research (As per Client Requirement)
- Global Blower Market: Secondary Research
- Executive Summary
- Competitive Landscape
- Market Share Analysis by Region in 2023(%)
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- Stellar Competition matrix
- Global Stellar Competition Matrix
- North America Stellar Competition Matrix
- Europe Stellar Competition Matrix
- Asia Pacific Stellar Competition Matrix
- South America Stellar Competition Matrix
- Middle East and Africa Stellar Competition Matrix
- Key Players Benchmarking: - by Product, Pricing, Investments, Expansion Plans, Physical Presence, and Presence in the Market.
- Mergers and Acquisitions in Industry: - M&A by Region, Value, and Strategic Intent
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- PESTLE Analysis
- PORTERS Five Force Analysis
- Value Chain Analysis
- Market Share Analysis by Region in 2023(%)
- Global Blower Market Segmentation
- Global Blower Market, by Region (2023-2030)
- North America
- Europe
- Asia-Pacific
- Middle East & Africa
- South America
- Global Blower Market, by Movement Of Air (2023-2030)
- Positive Displacement
- Centrifugal
- Global Blower Market, by End-user Industry (2023-2030)
- Food & Beverages
- Wastewater Treatment
- Pharmaceutical
- Chemicals & Petrochemical
- Others
- Global Blower Market, by Region (2023-2030)
- North America Blower Market Segmentation
- North America Blower Market, by Movement Of Air (2023-2030)
- Positive Displacement
- Centrifugal
- North America Blower Market, by End-user Industry (2023-2030)
- Food & Beverages
- Wastewater Treatment
- Pharmaceutical
- Chemicals & Petrochemical
- Others
- North America Toys Market, by Country (2023-2030)
- United States
- Canada
- Mexico
- North America Blower Market, by Movement Of Air (2023-2030)
- Europe Blower Market Segmentation
- Europe Blower Market, by Movement Of Air (2023-2030)
- Europe Blower Market, by End-user Industry (2023-2030)
- Europe Blower Market, by Country (2023-2030)
- Asia Pacific Blower Market Segmentation
- Asia Pacific Blower Market, by Movement Of Air (2023-2030)
- Asia Pacific Blower Market, by End-user Industry (2023-2030)
- Asia Pacific Blower Market, by Country (2023-2030)
- Middle East and Africa Blower Market Segmentation
- Middle East and Africa Blower Market, by Movement Of Air (2023-2030)
- Middle East and Africa Blower Market, by End-user Industry (2023-2030)
- Middle East and Africa Blower Market, by Country (2023-2030)
- South America Blower Market Segmentation
- South America Blower Market, by Movement Of Air (2023-2030)
- South America Blower Market, by End-user Industry (2023-2030)
- South America Blower Market, by Country (2023-2030)
- Company Profiles
- Key players
- General Electric Company
- Company Overview
- Product Portfolio
- Financial Overview
- Business Strategy
- Key Developments
- General Electric Company
- Key players
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- Bosch Limited
- Mitsubishi Hitachi Power Systems, Ltd
- Cheston, Makita Corporation
- SKIL Power Tools
- Leister AG
- Everest Blowers Private Limited
- Airvac Industries Pvt. Ltd
- Chicago Blower Corporation
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- Key Findings
- Recommendations