Sellbyville, DE -- (SBWire) -- 04/30/2019 --Developments in the food & beverage market in high population countries, such as China and India, will positively influence the regenerative blowers market during the study period. The Chinese beverage market has been growing considerably in the recent years. According to the China's National Bureau of Statistics, domestic beverage industry sales had increased by 10.5% in 2016, while carbonated drinks, protein drinks & milk, and fruit & vegetable juices combinedly accounting for a majority of the market share.
Urbanization, rising income levels, and hectic lifestyles in emerging countries of Asia Pacific has resulted in a spike in demand for packaged food & beverage products, which will in turn drive product demand to be used in food & beverage manufacturing plants.
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High growth in the food & beverage industry in Asia Pacific region is likely to be a key factor contributing towards the development of the regenerative blowers market in coming years. The product is extensively used in the food & beverage manufacturing plants for a variety of applications such as in bag packaging equipment, pneumatic conveying systems, product drying, shrink wrapping, automatic bottling machines, vacuum packaging, etc.
Regenerative blowers market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in thousand units & revenue in USD million from 2014 to 2025, for the following segments:
Regenerative Blowers Market, Stage by End-User:
- Single-stage Regenerative Blowers:
- Water & wastewater treatment
- Food & beverage
- Industrial
- Aquaculture
- Chemical
- Oil & gas
- Medical & health
- Others
- Two-stage Regenerative Blowers:
- Water & wastewater treatment
- Food & beverage
- Industrial
- Aquaculture
- Chemical
- Oil & gas
- Medical & health
- Others
- Three-stage Regenerative Blowers:
- Water & wastewater treatment
- Food & beverage
- Industrial
- Aquaculture
- Chemical
- Oil & gas
- Medical & health
- Others
Regenerative Blower Market by End-user:
- Water & wastewater treatment
- Food & beverage
- Industrial
- Aquaculture
- Chemical
- Oil & gas
- Medical & health
- Others
The Indian food & beverage sector has also been witnessing fast growth rates, driven by an upsurge in foreign investments. From April 2000 to June 2017, the Indian food & beverage sector received FDI of USD 7.8 billion. Such developments in the food & beverage industry of developing countries will have a positive impact on the growth of the regenerative blowers market in coming years.
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Regenerative Blowers Market in Asia Pacific is a major accounting for a significant share of the industry in 2017. The Asia Pacific market is likely to grow by a CAGR of around 5% till 2025. China and India will account for a significant share of the region's market by 2024 and will drive the industry's growth in the forecast period.
Some of the major players in the regenerative blowers market includes:
- Hitachi
- Busch
- Elektror Airsystems
- Gardner Denver
- Dustcontrol AB
- Becker Pump Corporation
New product developments, and acquisitions are a key strategy used by market participants to increase their competitiveness.
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Regenerative Blowers Market 2019–2025 by Segments Regional Outlook & Key Players: Hitachi, Busch, Elektror Airsystems, Gardner Denver
High growth in the food & beverage industry in Asia Pacific region is likely to be a key factor contributing towards the development of the regenerative blowers market in coming years.