The new report by Expert Market Research titled, ‘Global Industrial Air Blower Market Growth, Share, Price, Trends, Report and Forecast 2023-2028’, gives an in-depth analysis of the global industrial air blower market, assessing the market based on its segments like movements of air, business types, end-use industries, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2018-2028)
Forecast CAGR (2023-2028): 4.1%
The rapid industrialisation and urbanisation in growing economies and the worldwide increase in power consumption due to the growing population are factors fuelling the growth of the market. The growth in the development of several industries, such as cement, steel, chemical, manufacturing, and construction is likely to drive the growth of the market in the coming years.
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Moreover, based on end-use industry, air blowers are increasingly used in the food and beverages industry for applications, like drying excess product removal, dust removal, belt cleaning, preventing product slippage, and pan and tray cleaning, among others.
Industry Definition and Major Segments
An industrial air blower is used to supply air or gas at a high flow to support various industry-related processes. It consists of blades and an electric fan that provides a current of air or gas to facilitate multiple functions in the industry. It helps in executing processes like ventilation and combustion.
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By movement of air, the market can be segmented into:
Positive Displacement
Centrifugal
Based on business type, the industry can be classified into:
Equipment Sales
Services
On the basis of end use industry, the industry can be distributed into:
Food and Beverage
Wastewater Treatment
Pharmaceutical
Chemical and Petrochemicals
Others
The regional markets for industrial air blower include:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Market Trends
Rapid growth in the industrial sector is one of the major factors driving the growth of the global market for industrial air blower. In developing countries like India, the government is spending huge wealth on infrastructure and the manufacturing sector, thus the demand for air blowers is rising on account of rising demand from the industrial sector.
Manufacturing industries in the Asia Pacific region are projected to witness high growth in the near future due to rapid industrialisation and urbanisation, increasing population, and favourable government plans for industrial development in the region. Air blowers are used in the food and beverage industry for various applications, thereby contributing to the growth of the market.
Key Market Players
The major players in the market are Air Control Industries Ltd., Airtech Blower Industries, Atlantic Blowers, Atlas Copco, and Everest Blower Systems Pvt. Ltd., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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