How Much Is The Blower Industry Worth? February 14, 2022
Transparency Market Research delivers key insights on the global blower market. In terms of revenue, the global blower market is estimated to expand at a CAGR of 5.3% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global blower market.
Companies are heavily investing in R&D to launch an exclusive collection of blowers. Manufacturers are expanding their product lines to meet the increasing demand for blowers. Moreover, the growing demand from water treatment plants and oil & gas industry is expected to boost the blower market during the forecast period.
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Blower Market: Key Segments
In terms of product type, positive displacement (PD) blowers dominate the market globally. Positive displacement blowers are oil free machines that push a relatively constant volume of the gas handled at the inlet through to the discharge. Furthermore, PD blowers are used in a variety of applications and industries, making them a preferred investment to improve processes and cut lead times.
Based on pressure, high-pressure blowers are anticipated to account for a majority of the market share in terms of value and volume, as well as CAGR, during the forecast period. The pressure of a blower is governed by the application for which it is being utilized. Turbo blowers are apt for applications needing pressure up to 2 bar, are demand-based, have excellent efficiency over a wide range of flows, and require less maintenance.
Based on end-use industry, the water treatment plant sector dominates the worldwide blower market in terms of volume and value. In addition, the water treatment plant market is projected to expand at a steady pace. Blowers provide the necessary aeration, keep bacteria suspended, and allow solids to separate from liquids (flocculation), all of which are necessary for successful wastewater treatment.
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In terms of distribution channel, the direct sales segment (o
ine) accounts for a