Blower Market: Growth, Trends, and Key Players

Blower Market: Growth, Trends, and Key Players

 

According to Next Move Strategy Consulting, the global Blower Market is predicted to reach USD 5 billion by 2030 with a CAGR of 5% from 2024-2030. The blower market is witnessing significant growth driven by increasing demand across various industrial applications and consumer products.

Blowers are essential in multiple sectors, such as HVAC (heating, ventilation, and air conditioning), automotive, manufacturing, construction, agriculture, and consumer goods. Blowers, including centrifugal blowers, axial blowers, and rotary lobe blowers, are used for ventilation, air circulation, material handling, and even in consumer products like hair dryers and leaf blowers.

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Market Growth Drivers

One of the primary drivers of the blower market is the expanding global automotive industry. As the demand for motor vehicles increases, the need for centrifugal fans in applications such as HVAC systems, engine cooling, and emissions control becomes critical. The automotive sector is a significant contributor to the growth of the blower market, as manufacturers continuously strive to improve vehicle performance, comfort, and air management.

According to the Association of European Automobile Manufacturers (ACEA), global motor vehicle production reached 85.4 million units in 2022, marking a 5.7% increase from the previous year. This surge in production directly correlates with the rising demand for air-moving devices, leading to innovation in blower technologies.

In addition to the automotive sector, growing urbanization is driving the demand for blowers. As cities continue to expand and more residential, commercial, and industrial buildings are constructed, the need for efficient HVAC systems intensifies. These systems rely heavily on air-moving devices like blowers to ensure proper ventilation, air circulation, and temperature control.

According to the World Bank Group, the global urban population is projected to grow by 1.5 times, reaching 6 billion by 2045. As urbanization increases, the need for reliable and efficient air management systems in densely populated areas accelerates, further fueling the blower market growth.

Regional Market Insights

Asia-Pacific is the dominant region in the blower market and is expected to maintain this position during the forecast period. This is largely due to the surge in industrial activities, particularly in the chemical sector, where blowers are vital for processes such as mixing, aeration, and ventilation. The expansion of the chemical industry directly increases the demand for advanced centrifugal fans and other blowers.

China plays a central role in this market, as it leads the global chemical sales, accounting for over 40% of total global sales, according to the European Chemical Industry Council (Cefic). As the chemical sector continues to grow, the demand for blowers increases in parallel, propelling the market further.

Key Market Players and Strategies

Several key players dominate the blower market, including Ingersoll Rand, Atlas Copco, Aerzen Machine, Xylem, Kaeser Kompressoren, Mittal Blowers India Pvt. Ltd., Atlantic Blower, New York Blower Company, Howden Group Limited, and PILLER Blowers & Compressors, among others. These companies are continuously innovating and adopting various market development strategies such as product launches, acquisitions, and partnerships to maintain their competitive edge.

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For example, in March 2024, Aerzen launched a new turbo manufacturing plant in South Korea to produce high-performance turbo blowers used in a wide range of industrial applications requiring reliable and efficient air supply.

Similarly, Ingersoll Rand expanded its presence in high-growth sectors, such as water treatment and pharmaceuticals, by acquiring Everest Group, a leading Indian manufacturer of customized blower and vacuum pump solutions, in December 2022.

Conclusion

The blower market is growing rapidly, driven by the expansion of the automotive, industrial, and urban sectors. The increasing demand for efficient air management systems in various applications, including HVAC, engine cooling, and emissions control, is supporting the growth of the market.

Furthermore, the expansion of urbanization and industrial processes, particularly in the chemical sector, are key contributors to market demand. Asia-Pacific remains the dominant region, driven by the growing chemical industry, while North America and Europe continue to contribute to the overall market expansion.

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Next Move Strategy Consulting is a premier market research and management consulting firm that has been committed to provide strategically analysed well documented latest research reports to its clients. The research industry is flooded with many firms to choose from, what makes Next Move different from the rest is its top-quality research and the obsession of turning data into knowledge by dissecting every bit of it and providing fact-based research recommendation that is supported by information collected from over 500 million websites, paid databases, industry journals and one on one consultations with industry experts across a diverse range of industry sectors. The high-quality customized research reports with actionable insights and excellent end-to-end customer service help our clients to take critical business decisions that enables them to move beyond time and have competitive edge in the industry.

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