Global Centrifugal Blower Market

Centrifugal Blower Market Size, Share, Growth Analysis, By Pressure(High, Medium, Low), By End-User(Cement plant, Steel plant, Mining, Power station), By Region - Industry Forecast 2024-2031

Report ID: SQMIG20H2029 | Region: Global | Published Date: March, 2024
Pages: 202 | Tables: 67 | Figures: 75

Centrifugal Blower Market News

  • In January 2024, JetSetGo finished a $1.3 billion deal in Hyderabad to secure 280 hybrid electric airplanes. The agreements incorporate extra choices to secure more airplanes, possibly extending the armada size to 280 and expanding the all-out bargain worth more than $1.3 billion.

     

  • In January 2024, JetSetGo, India's pioneering commercial center for personal luxury plane and helicopter charters and a prominent fleet operator, uncovered strategic collaborations with three regarded global aviation technology firms—Electra.aero, Horizon Aircraft, and Overair. These partnerships expect to present Advanced Air Portability (AAM) solutions for India. The declaration occurred at the debut AAM gathering facilitated at Begumpet Air Terminal.

     

  • In March 2024, Emirates found a strategic way to reinforce its global network by framing alliances with Icelandair and travel technology expert GO7. The Memorandums of Understanding (MoUs) signed with these partners mean to escalate business participation, further develop availability, and offer travelers smoother journey choices across Europe and beyond.

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FAQs

Centrifugal Blower Market size was valued at USD 3.14 billion in 2022 and is poised to grow from USD 3.28 billion in 2023 to USD 4.67 billion by 2031, growing at a CAGR of 4.5% in the forecast period (2024- 2031).

The competitive landscape of the centrifugal blower market is characterized by a diverse mix of manufacturers vying for market share. The industry accommodates both established players and emerging entrants, contributing to a dynamic and competitive environment. Leading manufacturers such as Atlas Copco, Alfotech Fans, KAESER KOMPRESSOREN, HSI Blower, and Airmake Cooling Systems command significant market presence with their extensive product portfolios and established customer bases. 'Atlas Copco (Sweden)', 'Alfotech Fans (India)', 'KAESER KOMPRESSOREN (Germany)', 'HSI Blower (United States)', 'Airmake Cooling Systems (India)', 'Aerotech Equipments and Projects Pvt. Ltd. (India)', 'CLEANTEK (India)', 'Atlantic Blower (United States)', 'SPENCER (United States)', 'New York Blower Company (United States)', 'Elektror Airsystems (Germany)', 'Xianrun Blower (China)', 'Ebac Industrial Products (United Kingdom)', 'Huadong Blower (China)', 'Chicago Blower Corporation (United States)', 'Dresser Roots (United States)', 'Piller Blowers & Compressors (Germany)', 'Cincinnati Fan (United States)', 'Howden Group (United Kingdom)', 'Hoffman & Lamson (United States)'

Rapid urbanization and industrialization across various sectors such as construction, manufacturing, and energy have led to an increased demand for centrifugal blowers in applications like ventilation, air circulation, and material handling.

Industry 4.0 Integration: Integration of Industry 4.0 technologies, such as sensors, IoT connectivity, and predictive maintenance, is becoming more prevalent in centrifugal blower systems, enabling real-time monitoring and performance optimization.

Europe will account for a demand of approximately 750 thousand units. This growth in demand is underpinned by notable improvements in business conditions within the European construction sector, particularly evident since 2022. This positive trend is primarily attributed to a combination of factors, including a high level of business and consumer sentiment, marked improvements in budget deficits, and enhanced access to financial resources in various European nations. These favorable circumstances have facilitated governments' ability to increase investments in public construction endeavors.

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Global Centrifugal Blower Market

Report ID: SQMIG20H2029

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