The rapid development of industrial production, especially the USA, China, India and Germany, is having a huge impact on Centrifugal Blowers Market. This market is already valued at over 2.5 billion US dollars and is forecast to exceed 3.5 billion USD in next five years. The USA alone is expected to share 20% of the global market.
Today, Blowers has become an integral part of most of the industrial plant. From the cement industry to paper and chemical industry, centrifugal blowers are being used for various purposes like cooling, controlling air pollution and even in conveying. Ventilation and Water treatment are some other uses of the blower. The mining industry in developing countries is seeing a huge increment in terms of investment, especially in the Middle-East and India. The construction industry in Asia and the Middle East will also be the driving force for blower market.
The major global market of the centrifugal can be divided into:
- Asia-Pacific
- Europe
- North America
Asia Pacific
With rapid industrialization in emerging economies like India and China, it is expected that these countries will constitute more than 25% of the world global market. India is expected to spend up to 60 million U.S. dollars by the end of 2018 in its construction programs. This rapid development in construction is going to boost demand for Medium Pressure and Low-Pressure Centrifugal Blowers. Increase in mining in the Middle East and India will be a major factor for an increase in demand for High-Pressure Centrifugal Blowers. China has been the centre of production of electronics and plastic goods. These industries are continuously growing as China is opening its market to the world. This will add to the increasing market of Low-Pressure Blowers. Iron and Steel industries will be the next major factors as the demand for metals is only going increase as the rest of the market grows. Such heavy production sites require High-Pressure Blowers. Also, increase in the chemical industry is projected in China which will further add to an increase in demand for low-pressure blowers.
Europe
Europe stands only after American in terms of the size of markets for blowers contributing for more than 30% of the global market. Germany, Italy and the United Kingdom, being the major contributors for European Mechanical Industry, are the largest importers of blowers. European market demands for high-tech blowers. While Europe consists mainly of small and medium-sized enterprises, it is important to maintain a distribution channel to access the local markets. Industrial growth in Germany is putting high demands for energy. To fulfill this demand, Germany will have to increase its power production. This will boost the centrifugal blower’s market size in Germany.
North America
The development of food, beverages, and power production industry will provide a positive boost for the blowers market in the continent. Canada and the United States, together contribute up to 500 million U.S. dollars to the global market of blowers and this is expected to high by 30% in the next 5 years.
