Industrial Air Blower Market Growth by Business Manufacturers with a CAGR of 4.2% by 2027

The industrial air blower market was valued at $5.0 billion in 2019 and is projected to reach $6.1 billion by 2027, with a compound annual growth rate (CAGR) of 4.2% from 2020 to 2027.

In 2019, the "others" segment held the largest market share, followed by the chemicals and petrochemicals segment. The market encompasses revenues from new sales and aftersales services for industrial air blowers, including centrifugal and positive displacement blowers, utilized across various industries such as food and beverage, wastewater treatment, pharmaceuticals, chemicals, and others.

The industrial air blower market size accounted for $5.0 billion in 2019, and is expected to reach $6.1 billion by 2027, registering a CAGR of 4.2% from 2020 to 2027.

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The increasing population and growing trend of packaged food consumption have fueled the demand for industrial air blowers in the food and beverage industry. Additionally, these blowers' ability to convey air in both vacuum and pressured environments makes them well-suited for use in the mining industry. Consequently, the rise in mining activities is further driving the demand for industrial air blowers.

However, the market faces challenges due to high maintenance and operating costs. The COVID-19 pandemic has also significantly impacted the market, leading to a pause in construction and manufacturing activities worldwide. The disruption of supply chains due to halted logistics services has further hindered market growth. Nevertheless, as industries gradually recover and vaccine distribution progresses, the industrial air blower market is expected to recover by mid-2021.

Top Players:
The major players profiled in the industrial air blower market include Air Control Industries Ltd., Airtech Blower Industries, Atlantic Blowers, Atlas Copco, Compressor Pump and Services, Inc., Everest Blower Systems Pvt. Ltd., GP Motors, Howden, HSI Blower and Kaeser Kompressoren.

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Key Segments:
The industrial air blower market is segmented into movement of air, business type, end-user industry, and region. On the basis of movement of air, the market is divided into positive displacement and centrifugal.

Depending on business type, it is classified into equipment sales and services. By end-user industry, it is segregated into food & beverage, wastewater treatment, pharmaceutical, chemicals & petrochemical and others. By region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

Key Findings Of The Study

By movement of air, the centrifugal segment was the highest revenue contributor in 2019.
By business type, the equipment sales segment generated the highest revenue in 2019.
By end-user industry, the others segment generated the highest revenue in 2019.

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