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Regenerative Blowers Market 2018-2024 by Top Players Hitachi Limited, Gardner Denver, Becker Pump Corporation, KNB Corporation, Elektror Airsystems

Regenerative Blowers Market will likely surpass USD 1 billion by 2025. 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.

 

Sellbyville, DE -- (SBWIRE) -- 11/29/2018 -- Regenerative Blowers Market will likely surpass USD 1 billion by 2025. 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.

Endowed with a rich end-user landscape, regenerative blowers market is on its way to emerging as a highly lucrative business domain across the HVAC space. These blowers have found prominent applications across myriad industries to ensure contamination free air supply.

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Regenerative blowers are commonly used in many of the industrial and commercial applications for ensuring a small volume of air at higher pressure. The suitability of these products for clean air applications is thus attracting more consumers toward this vertical of late. In this regard, manufacturers are looking forward to offering an eco-friendly and economical product portfolio., driven by which regenerative blowers market will register a CAGR of 4.5% over 2018-2025.

However, given that they use oil for lubrication to perform the compression mechanism effectively, which can lead to oil contamination, industry biggies have been continuously conducting research activities for the enhancement of product operations. In addition, few of the giants in regenerative blowers industry are also enhancing their product portfolio by implementing new design strategies. Aided by the launch next-generation products, regenerative blowers market is likely to witness commendable gains in the ensuing years.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

Hitachi Limited
Busch LLC
Gardner Denver
Elektror Airsystems Gmbh
Ametek Inc. (Ametek Dynamic Fluid Solutions)
KNB Corporation
Air Control Industries (ital blowers srl.)
Airtech Airsystems Ltd.
Atlantic Blowers
Gast Manufacturing Inc.
Becker Pump Corporation
The Spencer Turbine Company
FPZ S.p.A.
Dustcontrol AB
Chuan Fan Electric Co. Ltd.

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According to end-user, the regenerative blowers market has been categorized into food & beverage, water & wastewater treatment, aquaculture, industrial, oil & gas, chemical, and medical & healthcare. Chemical is a key end-user industry of the market which is likely to grow by a CAGR exceeding 4% during the forecast period. Rising demand for industrial chemicals, fertilizers, and specialty chemicals around the globe will drive the chemical end-user sector's development in the regenerative blowers market.

Asia Pacific is a major regenerative blowers market 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 regenerative blowers market by 2024 and will drive the industry's growth in the forecast period.

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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Some of the major players in the regenerative blowers market includes Hitachi, Busch, Elektror Airsystems, Gardner Denver, Dustcontrol AB, Becker Pump Corporation, etc. Many other regional and global players are also involved in the regenerative blowers market. New product developments, and acquisitions are a key strategy used by market participants to increase their competitiveness.