Blower Market Size, Share & Trends Analysis Report, By Product Type (Positive Displacement Blower and High-Speed Turbo Blower, and others), By Pressure (upto 15 psi, 15-20 psi, above 20 psi), By Distribution Channel (online and offline), by end-user industry(Cement Plant, Steel Plant, Mining, Power Plant, Chemical, Oil & Gas, Aerospace & Defense, Food Processing, Pulp & Paper, Water Treatment Plant, and Others) and region (North America, Europe, Asia-Pacific, Middle East, and Africa and South America).
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.
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.
Asia Pacific to Dominate the Market