Selbyville, Delaware,, Oct. 07, 2024 (GLOBE NEWSWIRE) --
The industrial blower market is predicted to reach USD 6.84 billion by 2032, as reported in a research study by Global Market Insights Inc. The rising demand for air systems in the food and beverage sector is driving this growth. Efficient air handling is crucial in large-scale production settings, ensuring proper airflow and ventilation. Industrial blowers maintain cleanliness and adhere to hygiene standards, especially in food processing and storage. They regulate air quality and temperature, ensuring product safety and operational efficiency. The industry's push for energy-efficient solutions aligns with cost reduction and sustainability goals. Technological advancements in blowers, aimed at boosting performance and reliability, further fuel market growth.
The industrial blower market from the centrifugal blowers segment led the market with a 43.66% share in 2023 and is anticipated to cross USD 3.09 billion by 2032. Centrifugal blowers, known for their versatility, efficiency, and reliability, dominate the market. They enhance air velocity and pressure, making them vital for various industrial applications, including ventilation, cooling, and material handling. Their ability to generate high pressure is beneficial for HVAC systems and pneumatic conveying. Their robust construction and fewer moving parts reduce maintenance needs, making them a cost-effective choice despite higher initial investments.
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Based on Technology, the market is divided into Centrifugal and Axial. The industrial blower market from the centrifugal segment dominated in 2023 with a 53.19% share and is projected to surpass USD 3.67 Billion by 2032. Centrifugal blowers generate high pressure and substantial airflow, making them indispensable for HVAC systems and industrial processes. Their efficiency leads to significant energy savings. They are flexible and adaptable, catering to both small-scale and large-scale operations. Technological advancements enhance their performance, reduce noise levels, and improve energy efficiency, driving their adoption in diverse sectors, including manufacturing, pharmaceuticals, and agriculture.
The Asia-Pacific region leads the industrial blower market, driven by rapid industrial growth in China and India. The region's swift urbanization and infrastructure projects boost demand for industrial blowers. APAC's expanding manufacturing sector relies heavily on these blowers for effective ventilation and air handling. China, with a growth rate of 10.1% and a 40.4% market share in 2023, dominates the APAC market. China's extensive manufacturing base and rapid urbanization drive the demand for advanced ventilation solutions.
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Partial chapters of report table of contents (TOC):
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast parameters
1.4 Data sources
Chapter 2 Executive Summary
2.1 Industry 3600 synopsis, 2021 - 2032
Chapter 3 Industrial Blower Market Insights
3.1 Industry ecosystem analysis
3.1.1 Factor affecting the value chain
3.1.2 Profit margin analysis
3.1.3 Disruptions
3.1.4 Future outlook
3.1.5 Manufacturers
3.1.6 Distributors
3.2 Regulatory landscape
3.3 Impact forces
3.3.1 Growth drivers
3.3.1.1 Rising demand of air system in food and beverage industry
3.3.1.2 Increasing government investment in wastewater treatment
3.3.2 Industry pitfalls & challenges
3.3.2.1 High maintenance and operating cost
3.4 Consumer buying behavior analysis
3.4.1 Demographic trends
3.4.2 Factors affecting buying decision
3.4.3 Consumer product adoption
3.4.4 Preferred distribution channel
3.4.5 Preferred price range
3.5 Growth potential analysis
3.6 Porter’s analysis
3.7 PESTEL analysis
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About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
