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Industrial Exhaust Blowers Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033
Industrial Exhaust Blowers Market
The Business Research Company presents an extensive market research report on the Industrial Exhaust Blowers Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The industrial exhaust blowers market size has grown rapidly in recent years. It will grow from $5.17 billion in 2023 to $5.83 billion in 2024 at a compound annual growth rate (CAGR) of 12.9%. The growth in the historic period can be attributed to industrial growth, environmental regulations, health and safety standards, urbanization and infrastructure development, market demand for specific industries.
The industrial exhaust blowers market size is expected to see rapid growth in the next few years. It will grow to $8.9 billion in 2028 at a compound annual growth rate (CAGR) of 11.4%. The growth in the forecast period can be attributed to global industrialization trends, renewable energy adoption, focus on energy efficiency, market demand for specific industries, regulatory changes and standards. Major trends in the forecast period include increased emphasis on sustainability, rise of iot integration, customization for diverse applications, adoption of variable frequency drives (VFDS), focus on air quality in indoor environments.
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Key Market Players:
Major companies operating in the industrial exhaust blowers market report are Johnson Controls International plc, ebm-papst Mulfingen GmbH & Co. KG, Greenheck Fan Corporation, Loren Cook Company, Howden Group, Air System Components Inc., Twin City Fan Companies Ltd., S&P Sistemas de Ventilación S.L.U., Acme Engineering and Manufacturing Corporation, Nicotra Gebhardt S.p.A., Aerovent, The New York Blower Company, Cincinnati Fan & Ventilator Company Inc., Canarm Ltd., Halifax Fan Ltd., Northern Industrial Supply Company, AirPro Fan & Blower Co., Strobic Air Corporation, Kruger Ventilation Industries Pte Ltd., Woods Air Movement Ltd., ILG Blowers Ltd., Continental Fan Manufacturing Inc., NISCO Inc., Rosenberg Ventilatoren GmbH, Ventmeca Fans SAS
Market Drivers:
The surge in construction activities is expected to propel the growth of the industrial exhaust blower market going forward. Construction activities refer to the various tasks and processes involved in the planning, design, assembly, and maintenance of structures, facilities, and infrastructure. Industrial exhaust blowers are used in construction activities to improve indoor air quality and remove airborne contaminants by expelling dust, fumes, and pollutants, creating a healthier and safer working environment for construction workers. For instance, in January 2022, according to the U.S. Census Bureau, a US-based government agency, approximately 1,595,100 housing units were initiated in the United States, reflecting a 15.6% growth from the 1,379,600 units started in 2020. Therefore, the surge in construction activities is driving the growth of the industrial exhaust blower market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/industrial-exhaust-blowers-global-market-report
The industrial exhaust blowers market covered in this report is segmented -
1) By Type: Centrifugal Blower, Axial Blower, Other Types
2) By Application: Air Pollution Control, Ventilation Systems, Dust And Fume Extraction
3) By End-Use: Manufacturing, Mining, HVAC (Heating, Ventilation, and Air Conditioning), Chemical, Petrochemical, Other End Users
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