With the emergence and long-term Impact of COVID-19, Global Centrifugal Blower Market to reach USD 3.94 Billion by 2029
Bizwit Research & Consulting LLP’s Recent Analysis on Global Centrifugal Blower Market is poised to raise up to USD 3.94 Billion by 2029. Centrifugal blowers are common industrial tools for high-pressure applications. They are used in the processing industry as an important component of air pollution control systems. The Centrifugal Blower market is expanding because of factors such as rapidly growing construction industry and increasing demand from the power and mining industry. Centrifugal blowers come in a variety of configurations, including airflow capacity, exhaust type, air compressor measurements, and air.
As the centrifugal blowers can be customized and adjusted to suit any industrial application. Its prevalence has progressively increased during the last few decades. Also, rising technological advancement in blowers and growing food industry would create a lucrative growth prospectus for the market over the forecast period. However, high production and maintenance cost of centrifugal blower stifles market growth throughout the forecast period of 2022-2029.
Geographically, the global Centrifugal Blower Market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America dominated the market in terms of revenue, owing to the rising demand from the commercial and industrial sectors. According to the Statista, in 2021 the private sector construction spending experienced a positive trend as the value of new private construction surpassed USD 1.4 trillion. Furthermore, Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising construction industry in the region and active participation of government organizations in the market space.
The global Centrifugal Blower market is highly competitive owing to the presence of several key market players such as Atlantic Blowers, LLC, Trimech Engineers Pvt. Ltd, Air Control Industries Ltd, AIRAP Group, Engicon Airtech Pvt. Ltd, Howden Group, Airmake Cooling Systems, and others.
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Key findings of the study suggest:
- Global Centrifugal Blower Market is anticipated to grow with a healthy growth rate of more than 4.1% over the forecast period 2022-2029.
- In the Pressure segment, High Pressure emerged out as the leading market segment in 2021.
- North America is anticipated to drive regional growth owing to the rising demand from the commercial and industrial sectors.
- Asia-Pacific is expected to grow at higher rate followed by North America during 2022-2029.
Bizwit Research & Consulting has considered following segments for the study:
Pressure
- High Pressure
- Medium Pressure
- Low Pressure
End-user
- Mining
- Cement
- Pulp & Paper
- Others
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. The company has a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. Bizwit incorporate big data, expert analysis, and huge industry database to deliver client focused business consulting reports. Our analysts perform unbiased measurement and assessment of market opportunities to comprehend detailed market forecast. Our team of key opinion leaders evaluates the market size, growth prospects, end-use, applications, value & supply chain and top vendors in the industry to help the clients to take conversant business decisions without any vague assumptions.
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