According to the report, the High Speed Blowers Market accounted for USD 670 Million in 2018 and is expected to reach USD 916.9 Million by 2026, growing at a CAGR of around 4 % between 2019 and 2026.
High Speed Blowers Market
The high-speed blowers market valued around USD 670 Million in 2018 and is estimated to grow at a CAGR of around 4 % between 2019 & 2026
The report covers forecast and analysis for the high-speed blowers market on a global and regional level. The research report presents a comprehensive valuation of the market, competition, opportunities, emerging trends, and industry-validated market figures. The study provides historic data of 2016 to 2018 along with a forecast from 2019 to 2026 based on volume (Units) and revenue (USD Million).
The global high-speed blowers market is likely to have prominent growth in the coming years and is expected to grow at a steady rate within the forecast period. There is enormous scope in the high-speed blowers market owing to a variety of applications, technological advancement and growing demand in the market. The superior properties over traditional blowers such as higher speed, higher efficiency, wider operating range, low maintenance, and temperature control will significantly propel the market across the globe. High-speed blowers have wide applications in the oil and gas industry for rapid aeration which is one of the major factors driving the high-speed blowers market. These blowers are primarily used in cracking for oil and gas, pressurization systems, refining systems, treatment systems, air circulation in explosion-proof environments, blending of the gas with other ones and LNG re-gasification plants of oil and gas industry which has created humongous demand for this market.
The global high-speed blowers market has been categorized on the basis of the type and application. Based on the type, the high-speed blowers market is segmented into airfoil bearings and magnetic bearings. The airfoil bearings use high-speed permanent motor, where the motor’s rotor is supported by air bearings. Moreover, the airfoil bearings type high-speed blower is used in aircraft environmental control systems. The magnetic bearings use high-speed permanent motor, where the motor’s rotor is supported by magnet bearings. Based on the application, the high-speed blowers system is segmented into wastewater treatment, oil & gas, chemical, and marine.
The rise in the demand for high-speed blowers across wastewater treatment and chemical industries are the major drivers which are uplifting the market. The product is used in wastewater treatment owing to the increased environmental concerns. This is primarily due to the wastewater released from several industries and households leading to waste congestion and impurification of marine bodies. The secondary factor that is boosting the demand for high-speed blowers is due to the stringent mandates by government bodies regarding wastewater treatment. Some of the factors which might hinder the growth of the high-speed blowers market are higher product price on account of its excellent properties to achieve superior aeration speed and complexity in blower functioning due to which skilled labor required which might become the obstacle.
The key players in the global high-speed blowers market are United Blowers, Atlantic Blower, Atlas Copco, Xylem India, Eminent Blower, Zi-Argus, Aerzen, APG-Neuros, HSI Blowers and Spencer Turbine.
The high-speed blowers market has been segmented as follows:
Global High-Speed Blowers Market: Type Segment Analysis
Global High-Speed Blowers Market: Application Segment Analysis
Global High-Speed Blowers Market: Regional Segment Analysis
Zion Market Research
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