November 01, 2021
According to the research report titled ‘Regenerative Blowers Market Size By Stage (Single-stage, Two-stage, Three-stage), By End-user (Water & Wastewater Treatment, Food & Beverage, Industrial, Aquaculture, Chemical, Oil & Gas, Medical & Healthcare), Industry Analysis Report, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’, available with MarketStudyReport, regenerative blowers market is estimated to grow considerably over forecast timeframe 2020-2026.
As per the findings of the report, increasing government expenditure, rising packaged food & beverage consumption, rapid growth in oil & gas sector, along with positive trends in healthcare and chemical industries are likely to fuel regenerative blowers market over the projected timespan.
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For the unversed, regenerative blowers are versatile and compact modern-day machines mainly designed for supplying large volume of air at low pressure. These blowers function using an engine or motor powering the blades to effectively rotate. They are almost maintenance-free as they do not require as they are contact-free machines, with the ability to run for up to 40,000 hours without needing to be serviced.
Moreover, these blowers have low noise levels, making them one of the best devices for noisy applications. Regenerative blowers are used in packaging, conveying, lifting equipment, and many industries, such as the ones that operate with environmental or chemical processes.
Based on end-user, regenerative blowers industry size from water & wastewater treatment sub-segment is anticipated to grow considerably, accounting for 200 thousand units by the end of analysis timeline. Meanwhile, food & beverage sub-segment will witness substantial growth in coming years owing to growing consumption of packaged foods & beverages.
The aquaculture sub-segment is anticipated to surpass USD 30 million by the end of projected period. Moving on to medical & healthcare, this sub-segment will witness tremendous growth due to escalating government expenditure along with increasing number of R&D activities. The others segment (Spas, pulp & paper, textile) will witness strong CAGR of over 3.5% over the analysis timespan.
From regional perspective, regenerative blowers market size spans across North America (U.S., Canada), Europe (UK, Germany, Spain, France, Italy, Russia), Asia Pacific (Japan, China, South Korea, India, Malaysia), Latin America (Mexico and Brazil), and Middle East & Africa (Saudi Arabia, UAE, Kuwait, South Africa).
Latin America regenerative blowers market will exceed roughly USD 80 million by the end of 2026 owing to positive outlook in medical & healthcare, as well as chemical industries. Whereas, growth of oil & gas sector will stimulate the market in MEA to rise at a CAGR of over 2.5% throughout projection period.
Considering the competitive landscape, Hitachi Limited, Busch LLC, Elektror Airsystems Gmbh, KNB Corporation, Ametek Inc. (Ametek Dynamic Fluid Solutions), Airtech Airsystems Ltd., Becker Pumps Corporation, Gast Manufacturing Inc., The Spencer Turbine Company, FPZ S.p.A., and Chuan Fan Electric Co. Ltd. are the major companies influencing regenerative blowers market.