Centrifugal Blower Trends and Forecast
The future of the global centrifugal blower market looks promising with opportunities in the mining, cement, pulp & paper, construction, steel plant, chemical, and power markets. The global centrifugal blower market is expected to reach an estimated $3.8 billion by 2030 with a CAGR of 4.0% from 2024 to 2030. The major drivers for this market are growing demand from pulp and paper industry, increasing government investments in the infrastructural development, and rapidly growing construction industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Centrifugal Blower by Segment
The study includes a forecast for the global centrifugal blower by pressure, end use industry, and region
Centrifugal Blower Market by Pressure [Shipment Analysis by Value from 2018 to 2030]:
• High Pressure
• Medium Pressure
• Low Pressure
Centrifugal Blower Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Mining
• Cement
• Pulp & Paper
• Construction
• Steel Plant
• Chemical
• Power
• Others
Centrifugal Blower Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Centrifugal Blower Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies centrifugal blower companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the centrifugal blower companies profiled in this report include-
• Atlas Copco
• Shandong Zhangqiu Blower
• Ingersoll Rand
• Aerzener Maschinenfabrik
• Shandong Huadong Blower
• Xylem
• Everest Blowers
• Manvac Technik
• Atlantic Blower
Centrifugal Blower Market Insights
Lucintel forecast that high pressure is expected to witness highest growth over the forecast period.
Within this market, power will remain the largest segment.
APAC is expected to witness highest growth over the forecast period due to growing demand from various end use industries, such as construction, food & beverage, mining, and power generation sectors.
Features of the Global Centrifugal Blower Market
Market Size Estimates: Centrifugal blowers market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Centrifugal blowers market size by pressure, end use industry, and region in terms of value ($B).
Regional Analysis: Centrifugal blowers market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different pressure, end use industry, and regions for the centrifugal blower market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the centrifugal blower market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the centrifugal blower market size?
Answer: The global centrifugal blower market is expected to reach an estimated $3.8 billion by 2030.
Q.2 What is the growth forecast for centrifugal blower market?
Answer: The global centrifugal blower market is expected to grow with a CAGR of 4.0% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the centrifugal blower market?
Answer: The major drivers for this market are growing demand from pulp and paper industry, increasing government investments in the infrastructural development, and rapidly growing construction industry.
Q4. What are the major segments for centrifugal blower market?
Answer: The future of the centrifugal blower market looks promising with opportunities in the mining, cement, pulp & paper, construction, steel plant, chemical and power markets.
Q5. Who are the key centrifugal blower market companies?
Answer: Some of the key centrifugal blower companies are as follows:
• Atlas Copco
• Shandong Zhangqiu Blower
• Ingersoll Rand
• Aerzener Maschinenfabrik
• Shandong Huadong Blower
• Xylem
• Everest Blowers
• Manvac Technik
• Atlantic Blower
Q6. Which centrifugal blower market segment will be the largest in future?
Answer: Lucintel forecast that high pressure is expected to witness highest growth over the forecast period.
Q7. In centrifugal blower market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing demand from various end use industries, such as construction, food & beverage, mining, and power generation sectors.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the centrifugal blower market by pressure (high pressure, medium pressure, and low pressure), end use industry (mining, cement, pulp & paper, construction, steel plant, chemical, power, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Centrifugal Blower Market, Centrifugal Blower Market Size, Centrifugal Blower Market Growth, Centrifugal Blower Market Analysis, Centrifugal Blower Market Report, Centrifugal Blower Market Share, Centrifugal Blower Market Trends, Centrifugal Blower Market Forecast, Centrifugal Blower Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.