By 2023, the regenerative blowers market is expected to be worth US$ 941.2 million, and by 2033, it is expected to be worth US$ 1,393.2 million. Throughout the forecast period, the market is expected to grow at a CAGR of 4.0%.
Market expansion is fueled by rising consumer demand for low-maintenance gadgets, floor cleaning, and dust removal. Regenerative blowers are increasingly in demand from food and beverage producers to dry food products. Regenerative blowers are becoming more and more necessary to safely store food as a result of consumers’ evolving eating habits, including a preference for prepared and preserved foods.
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Adopting regenerative blowers for dental vacuum and evacuation in the healthcare sector is propelling the market growth. The increasing demand for wastewater treatment and the lack of water resources increase the sales of regenerative blowers. Government initiatives, projects, huge investments, advanced technologies, and research & development activities are bolstering the market size.
Automobile manufacturers are opting for regenerative blowers to provide a huge force to motor shafts. The rising demand for energy-efficient equipment and manufacturing technologies is advancing the market size. The end-user industries such as oil & gas, aquaculture, food & beverages, and medical & healthcare are uplifting the market growth.
Key Takeaways:
- The regenerative blowers market is expected to have a valuation of US$ 1,393.21 million by 2033.
- With an expected CAGR of 4.0%, the global market is set to rise from 2023 to 2033.
- The Asia Pacific regenerative blowers market is anticipated to secure a maximum share through 2033.
- In the historical period, the market secured a CAGR of 3.5% between 2017 and 2022.
- In the historical period, the market captured US$ 909.37 million between 2017 and 2022.
- The aquaculture segment is expected to secure a growth rate of 2.5% by 2033.
Who is Winning?
The key players are playing a crucial role by investing huge amounts in research & development activities in the global market. The players are innovating unique and advanced products as per end-user demand. These players focus on developing new regenerative blowers with better quality by adopting various marketing tactics and deep analysis.
Prominent vendors are opening several manufacturing plants all around the globe due to increasing consumer requirements. The marketing strategies adopted by key players are collaborations, mergers, acquisitions, agreements, partnerships, and product launches.
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Other Key Players in the Regenerative Blowers Market are:
- Busch LLC
- Eurus Blowers
- Ametek Inc.
- Hitachi Limited
- Gardner Denver
- KNB Corporation
- Busch SE
- Elektron Airsystems GmbH
- Atlas Copco
- Aerzen
- Ingersoll Rand
- Xylem
- Kaeser Kompressoren
- Air Control Industries
- Eurus Blowers
- Everest Blowers Pvt. Ltd.
- ZCJSC
- Shandong Zhangqiu Blower Co. Ltd.
- Aerzener Maschinenfabrik GmbH
- Manvac Technik Limited
- Turbo Blower Manufacturer
Recent Developments in the Market are:
- In January 2020, Xylem announced its new technology product launch for wastewater, water, and energy in Singapore. The main aim behind this launch is to expand the business on the treatment and distribution of water.
- In 2019, Busch Vacuum Solutions acquired Jennings Associates Inc. to upsurge its portfolio to provide better services to its customers in the Eastern Central Region.
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Regenerative Blowers Market by Category
By Stage:
- Single-stage
- Three-stage
- Two-stage
By End User:
- Water & Wastewater Treatment
- Oil & Gas, Food & Beverages
- Chemical
- Medical & Healthcare
- Aquaculture
- Industrial
- Others
By Region:
- North America
- Latin America
- Europe
- South Asia & Pacific
- East Asia
- The Middle East & Africa (MEA)
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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