Positive Displacement Blowers Market - Regional Outlook and Growth Prospects to 2024
Category: #reports  By Rahul Varpe  Date: 2020-04-23
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Positive Displacement Blowers Market - Regional Outlook and Growth Prospects to 2024

The size of the Positive Displacement Blowers Market was accrued at USD 2 billion in 2017 and is presumed to accumulate over USD 3 billion by the year 2024. According to research, the Positive Displacement Blowers Market is expected to grow with a CAGR of 6% during the period of 2018-2024.

Positive displacement blowers market, a paramount constituent of the HVAC and construction space, has been making news for all the right reasons in recent times. Powered by the escalating product application for power generation, aquaculture, and packaging, the vertical has been experiencing a positive growth graph. Leading behemoths across major industry segments have been giving increasing preference for positive displacement blowers, given that they increase the safety and energy efficiency of industrial equipment.

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The high degree of product demand is considerably encouraging giants in positive displacement blowers industry to extend their portfolio as well, in turn driving them to establish new facility centers across various geographies. The deployment of stringent norms to limit emissions from industrial sectors across various countries is also another prime factor pushing positive displacement blowers market trends.

Considering the growing demand for blowers across the developed economies, Busch SE, recently in 2017, expanded its facility in Austin, Texas. This new facility, equipped with the latest technologies, is constructed around an efficient flow line process. In fact, this leading technology company is looking forward to doubling its pump manufacturing capacity to offer complete product ranges on large scale to customers, in addition to the facility expansion. The strategy of fulfilling the customers’ requirements by providing support will also generate lucrative opportunities for the players in positive displacement blowers market over the years ahead.

As of now, the versatility of advanced products for a wide range of applications has been yielding fruitful opportunities for the participants in positive displacement blower industry. The rising awareness about the need for energy efficiency among the players in the manufacturing, chemical, and automotive sectors is also expected to escalate the product demand over the years ahead.

Know about Market growth in New Research and its Top growing factors by Key Companies like: -

Busch SE, Eurus Blowers, Gardner Denver, Hitachi Ltd., Howden Group, Aerzen, Kaeser Kompressoren, Tuthill Corporation, AMCL Machinery Limited, Airtech Blower Industries, KPT Blowers, Greatech Machinery Industrial Co. Ltd., Blowvacc Transmission Private Limited, HR Blowers

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Speaking about the regulatory scenario, it would be prudent to mention that most of the countries in the European Union have taken supportive initiatives to implement strict emission norms governing this industry. In 2016, the council of EU deployed an industrial emission directive to control hazardous emissions. The regulation mainly limits emissions from industrial boilers, which primarily emits mercury, and SOx dust. In order to comply with this regulatory framework, many companies are increasingly implementing advanced blower technologies to reduce emissions. Many coal-fired power plants have also installed vacuum systems to evacuate air leakage from condensers. Efforts undertaken at a global level to reduce the impact of emitted gases such as NOx, Sox, and CO2 on the environment are certain to augment the revenue graph of positive displacement blowers market.

Positive Displacement Blowers Market By End-user: -

  1. Water & Wastewater Treatment
  2. Packaging
  3. Industrial
  4. Aquaculture
  5. Oil & Gas
  6. Chemical
  7. Power Generation

The Regional Evaluation Ensures

  1. North America
  2. Europe
  3. Asia Pacific
  4. Latin America (LATAM)
  5. Middle East

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Key Reasons to Purchase the Market Report

  1. The report elucidates detailed evaluation of the market with regards to product scope, end-use terrain, market opportunities, and regional demand for the period 2019-2024
  2. An insightful documentation of meta-analysis of the global market based on the global manufacturers and various regions till 2024 is contained in the report
  3. The study entails details about the factors propelling the growth of the industry, alongside the preventive strengths of the market.
  4. The report unveils the hidden growth prospects of the market and provide CAGR forecast of the market until 2024
  5. The report further evaluates the key issues, their solutions, and product developments to channelize the market growth.


About Author

Rahul Varpe

Email: [email protected]   

Rahul Varpe

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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