Los Angeles, November 6, 2019-QY Research has released a new market research report, titled “Global Air Blowers Market Research Report 2019.” As per the report, the global air blowers market is projected to reach more than US$1.5 Bn in revenue by the end of 2025, growing at a CAGR of 0.98% between 2019 and 2025. In 2018, the global market revenue touched over US$1.4 Bn.
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Expansion of Industrial and Manufacturing Sectors Expected to Increase Demand
Global demand for air blowers is likely to improve due to their extensive use in both commercial and residential sectors. Axial air blowers and fans are used in clothes dryer, refrigerator, exhaust fan, and other home appliances. Rise of the commercial HVAC sector, power sector, construction industry, and cement industry is expected to create strong demand for air blowers in future. The requirement for industrial air blowers could remain strong in the mining and food and beverage industries. The global air blowers market is predicted to benefit from the increase in the number of commercial buildings and growth of the industrial and manufacturing sectors.
However, lack of technical knowledge about air blowers and expensive installation cost could hinder the progress of the global market.
Air Blowers Find Application in Water and Wastewater Treatment Plants
The report sheds light on crucial product type segments of the global air blowers market such as centrifugal blower, screw blower, roots blower, and others. It also provides comprehensive analysis of key applications of air blowers, including water treatment plant, chemical and petrochemical, and others. Air blowers find important use in wastewater treatment and similar applications. High focus on environmental protection and sustainability worldwide could increase the need for water and wastewater treatments, thus eventually raising the requirement for air blowers.
Aggressive Rate of Industrialization Anticipated to Increase Growth of Asia Pacific
Asia Pacific is predicted to become a significant contributor to the global air blowers market in terms of growth. Rapid industrialization, strong investment in the power sector, and expected increase in nuclear power generation could be among major factors augmenting the demand for industrial and commercial air blowers in the region. Increase in cement production capacity could be another important growth driver of the Asia Pacific air blowers market. Rise in industrial development is expected to put a positive impact on the demand for air blowers in the region.
Manufacturers of Air Blowers Likely to Concentrate on Earning Profits in Developing Countries
The report offers detailed information about key companies operating in the global air blowers market, including Taiko Kikai Industries, Atlantic Blowers, Unozawa, Everest Blowers, Anlet, Shengu, Neuros, Shandong Zhangqiu Blower, TurboMax, Jintongling, TurboWin, Continental, Namwon Turboone, Ingersoll Rand, MAN Turbo, Tuthill Corporation, SeAH Engineering, Kaeser Kompressoren, TNE, ShinMaywa, Aerzen, KFM, Fima, Sulzer, Atlas Copco, Spencer, Gardner Denver, Howden, and Kawasaki. Players may focus on generating revenue from lucrative opportunities available in emerging countries. Increase in industrial activities could create strong demand for air blowers in emerging countries.
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