Blower Market Expected to Exceed $4.3 billion by 2027 | Key Market Players are Ingersoll Rand, Atlas Copco, Aerzen Machine

According to a new market research report, the blower market size is estimated to be USD 3.5 billion in 2022 and is projected to reach USD 4.3 billion by 2027; it is projected to grow at a CAGR of 4.3% during the forecast period.

View detailed Table of Content here -https://www.marketsandmarkets.com/Market-Reports/blower-market-23329060.html

Blowers are mechanical or electro-mechanical devices used to induce gas flow through ducting, electronics chassis, process stacks, etc. Blowers are typically used when the pressure requirement falls somewhere between that of a fan and that of a compressor. Blowers are used for a wide range of applications in a variety of industries, including cooling, pneumatic conveying, ventilating, aspirating, aerating, and exhausting, among others. Blowers are used to cooling electronic enclosures, induce drafts in boilers, increase airflow on engines, and are configured in a variety of designs such as centrifugal flow or positive displacement styles.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=23329060

The key drivers for the blower market growing demand for food & beverage, steel, and cement industry, increasing investment in water & wastewater treatment, and advancement in blower technology.

The blower market is served by a mix of large international players with operational presence across the globe and local players commanding a strong supply network in the domestic market. The leading players in the blower market include Atlas Copco (Sweden), Ingersoll Rand (US), Kaeser Kompressoren (Germany), Aerzen (Germany), and Xylem (US). Strategies such as product launches, contracts, agreements, partnerships, collaborations, alliances, acquisitions, and expansions are followed by these companies to increase their market share.

This research report categorizes the blower market by product type, pressure, end-use industry, distribution channel, and region
On the basis of product type:

Positive Displacement Blowers
Centrifugal Blowers
High-speed Turbo Blowers
Regenerative Blowers

On the basis of pressure:

Up to 15 psi
15-20 psi
Above 20 psi

On the basis of the end-use industry:

Cement
Steel
Mining
Power
Chemicals & Petrochemicals
Pulp & Paper
Food & Beverage
Pharmaceuticals
Water & Wastewater Treatment
Others

On the basis of the distribution channel:

Online
Offline

On the basis of region:

Asia Pacific
Europe
North America
Middle East & Africa
South America

Ask Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=23329060

The Asia Pacific is expected to be the largest region in the blower market

The Asia Pacific is expected to be the largest in blower market during the forecast period. The region is experiencing rapid development and growth fueled by the growth of major economies such as China, India, Malaysia, Indonesia, Thailand, Vietnam, South Korea, and Japan. According to International Monetary Fund (IMF), the region's economy is forecast to swell by 6.5% in the fiscal year 2021 and 5.7% in the fiscal year 2022. The growth slowdown as a result of the COVID-19 pandemic in 2020 significantly affected the region, which saw its economy decline by about 1.5% in 2020.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program manage ment, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets.com or follow us on Twitter, LinkedIn and Facebook.

This release was published on openPR.