Global Centrifugal Blower Market Analysis & Trends - Industry Forecast to 2030
Centrifugal Blower: Market Size
From $3.76 billion in 2024, the global Centrifugal Blower market is projected to reach $5.99 billion by 2030. Based on our analysis the market is expected to grow at a CAGR of 8.1% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include increasing demand for the centrifugal blower, rapidly growing construction industry, and rapid industrialization.
Global Centrifugal Blower Market: Market Dynamics
Strong product demand from the power and mining industry, rising demand for cement in the construction sector, increasing infrastructural activities, and the growing food industry are the factors driving the market growth.
On the other hand, the high production and maintenance cost is likely to obstruct the profit boundaries. In addition, the surging development of superior fans will further boost the Centrifugal Blower market.
Impact of COVID-19 on Centrifugal Blower
The novel coronavirus has negatively impacted the overall supply chain. The COVID-19 crisis has impacted a wide range of activities such as raw material supply, selling & distributions, after-sales services, etc. Moreover, centrifugal blowers require space and are heavy while some blowers may weigh in tons. Oversized centrifugal blowers are a problem for some industries where space may be an issue.
By Pressure
High Pressure Segment Dominate the Market in 2024
The high pressure segment made huge revenue in 2024 during the forecast period. High-pressure centrifugal blowers can create a pressure of up to 35,000 Pa. These blowers are perfect for high endurance operations that can only be overcome using high-pressure utilities. They are majorly used across the steel, cement, pulp & paper, chemical, and mining industries.
By Geography
Europe Region is Leading in the Global Market Place
The European region is likely to have a huge demand in the forecast period. Business conditions in the European construction sector have improved evidently led by a high level of business & consumer sentiment, improved budget deficits, and easy access to finance in various European countries has permitted governments to raise investments in public construction activities. Housing consumption will be driven by a strong level of consumer confidence. Migrant inflows will also spur the demand for fresh housing services.
List of the Key Players Profiled in the Market Include: • Kaeser Compressors, Inc
• Aerotech Equipments
• Air Control Industries Ltd.
• AIRAP Group
• Airmake Cooling Systems
• Alfotech Fans
• Aspirnova Industry S.r.l.
• Atlantic Blower
• Atlas Copco
• CLEANTEK
• GP Motors
• Howden Group Ltd.
• HSI Blower
• Huadong Blowers
• Shandong Huadong Blower Co., Ltd
List of the Regions/Countries Profiled in the Market Include: North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others