Market Size of Blowers Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 5.00 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Blowers Market Analysis
Blowers market is projected to register a CAGR of over 5% during the forecast period.
In 2020, COVID-19 negatively impacted the market. Presently, the market has reached pre-pandemic levels.
- Over the medium term, the increasing investment in industrial automation and the increasing number of data centers are expected to increase the demand for blowers.
- On the other hand, high operations and maintenance costs are expected to hinder market growth.
- Nevertheless, the increasing technological investments in the market to produce energy-efficient blowers are expected to create enormous opportunities for the blower market.
- Due to the growing number of chemical, mining, and oil and gas projects, Asia-Pacific is expected to lead the market over the next few years.
