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Global Industrial Blower Market Expected to Reach US $2,242.1 Mn by 2023

This Research Provides an in-depth analysis of Global Industrial Blower Market By 2023. The Research profiles companies like Air Control Industries Ltd, Air System Components Inc., Atlas Copco Group, Continental Blower LLC, Gardner Denver Inc., Hoffman & Lamson, Howden Group, Loren Cook Company, and Shandong Huadong Blower.

 

Houston, TX -- (SBWIRE) -- 07/24/2018 -- Industrial blowers are electro-mechanical or mechanical machines used to instigate gas flow through hardware chassis, process stacks, and ducting. It is required for cooling, exhaustion, ventilation, suction and flow in industrial machines. The industrial blower works on the same principle on which a fan works. Both of them belong to the same group of machines. The only difference between both of them is that the fan operates at a low pressure and on the other hand, the industrial blower operates at a comparative high pressure. The industrial blower market was valued at USD 1,783.3 Mn in 2017 and is expected to reach US$ 2,242.1 Mn by 2023.

Top Companies Studied In This Report are:
Air Control Industries Ltd, Air System Components Inc., Atlas Copco Group, Continental Blower LLC, Gardner Denver Inc., Hoffman & Lamson, Howden Group, Loren Cook Company, and Shandong Huadong Blower Co., Ltd. amongst others.

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The industrial blowers come in various types based on the technology that drives them. These include centrifugal blowers, positive displacement blowers, regenerative blowers, and others. The key applications of an industrial blower that are responsible for its demand across different industries include conveying material, food processing, drying ink, pressurizing cabinets, cooling electrical equipment or parts, ventilating rooms or facilities, forced ventilation of AC and DC motors, providing pressure or suction and providing combustion air in burners and industrial water heaters. However, the high cost of maintenance of the blowers are expected to hamper the growth of the industrial blower market to a certain extent.

With its emphasis on sustainability and increased efficiency, manufacturers have invested heavily in R & D to develop cost-effective, low-noise products that can optimize overall processing. This has led to the development of an oil-free, geared, centrifugal turbo blower with high efficiency and maximum flow rate, enabling continuous, stable and energy efficient air supply.

The market is characterized by millions of large corporations and large blower manufacturers with large geographical scopes and product portfolios, small geographical areas and smaller product portfolios. The market seems highly fragmented, and no player has a significant market share. Founded vendors typically provide on-site expertise and meet the needs of larger customers in the end-user industry. On the other hand, local and small centrifugal blower manufacturers lack expertise and primarily serve small customers. The market is also characterized by very few vendors offering refurbished used products to customers and poses a major threat to both large suppliers and local suppliers.

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Industrialization is proceeding at a rapid pace in North America, with the emergence of industries that serve multiple sectors. Hand work has been replaced by heavy machinery. This heavy industrialization is at the forefront of this region. This pace of industrialization is accelerating the growth of the region.

Regional Outlook:
The industrial sector has witnessed a rapid growth over the last few years. Countries such as China, Japan, India, Qatar, Saudi Arabia, and Oman are the major contributors to the growth of the industrial sector. Moreover, countries such as China and India are largely investing in industrial development to attract more foreign investments.

The Industrial Blower Market Report mainly covers following Content.
Chapter 1 Industrial Blower Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Continued…

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