Blower Market is Projected to reach $4.3 billion by 2027 | Leading key 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. 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.

Key Market Players

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.

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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

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.

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Recent Developments

In July 2022, Atlas Copco acquired Bireme Group, a company specialized in the treatment of compressed air and gas. Bireme Group is a privately owned company with a sales network in Southeast Asia. The company specializes in the treatment of compressed air and gas for a broad spectrum of industries, ranging from electronics, food and beverage, chemical refineries, and hospitals.
In June 2021, Aerzen expanded its product portfolio with the addition of the new AT 60 size to its Aerzen Turbo G5plus series. These blowers are suitable for applications in municipal or industrial wastewater treatment plants. Aerzen Turbo AT 60-0.9S is designed for volume flows from 900-2,640m3/h, and assembly capacities up to 50 kW.
In February 2021, Ingersoll Rand completed the acquisition of Tuthill Vacuum and Blower Systems, a division of Tuthill Corporation, for USD 184 million. MD Pneumatics and Kinney Vacuum Pumps are leaders in the design and manufacture of positive displacement blowers, mechanical vacuum pumps, vacuum boosters, and engineered systems. Tuthill Vacuum and Blower Systems had approximately 160 employees and annual revenue of approximately USD 60 million. The employees and brands of the former Tuthill Vacuum and Blower Systems joined the Ingersoll Rand Industrial Technologies and Services (IT&S) segment.
 In January 2020, Xylem launched a new multi-disciplinary center for water, wastewater, and energy technologies at the company's regional headquarters in Singapore. The Xylem Technology Hub Singapore (XTHS) represents the company's continued investment in sustainable water technologies, and research at the new center will focus on developing breakthrough technologies in water distribution and water & wastewater treatment.

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