PUBLISHER: Lucintel | PRODUCT CODE: 1356505
PUBLISHER: Lucintel | PRODUCT CODE: 1356505
The future of the global centrifugal blower market looks promising with opportunities in the mining, cement, pulp & paper, construction, steel plant, chemical, and power markets. The global centrifugal blower market is expected to reach an estimated $3.8 billion by 2030 with a CAGR of 4.0% from 2024 to 2030. The major drivers for this market are growing demand from pulp and paper industry, increasing government investments in the infrastructural development, and rapidly growing construction industry.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global centrifugal blower by pressure, end use industry, and region.
Centrifugal Blower Market by Pressure [Shipment Analysis by Value from 2018 to 2030]:
Centrifugal Blower Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
Centrifugal Blower Market by Region [Shipment Analysis by Value from 2018 to 2030]:
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies centrifugal blower companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the centrifugal blower companies profiled in this report include-
Lucintel forecast that high pressure is expected to witness highest growth over the forecast period.
Within this market, power will remain the largest segment.
APAC is expected to witness highest growth over the forecast period due to growing demand from various end use industries, such as construction, food & beverage, mining, and power generation sectors.
Market Size Estimates: Centrifugal blowers market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Centrifugal blowers market size by pressure, end use industry, and region. in terms of value ($B).
Regional Analysis: Centrifugal blowers market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different pressure, end use industry, and region.s for the centrifugal blower market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the centrifugal blower market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1. What is the centrifugal blower market size?
Answer: The global centrifugal blower market is expected to reach an estimated $3.8 billion by 2030.
Q.2. What is the growth forecast for centrifugal blower market?
Answer: The global centrifugal blower market is expected to grow with a CAGR of 4.0% from 2024 to 2030.
Q.3. What are the major drivers influencing the growth of the centrifugal blower market?
Answer: The major drivers for this market are growing demand from pulp and paper industry, increasing government investments in the infrastructural development, and rapidly growing construction industry.
Q.4. What are the major segments for centrifugal blower market?
Answer: The future of the centrifugal blower market looks promising with opportunities in the mining, cement, pulp & paper, construction, steel plant, chemical and power markets.
Q.5. Who are the key centrifugal blower market companies?
Answer: Some of the key centrifugal blower companies are as follows:
Q.6. Which centrifugal blower market segment will be the largest in future?
Answer: Lucintel forecast that high pressure is expected to witness highest growth over the forecast period.
Q.7. In centrifugal blower market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing demand from various end use industries, such as construction, food & beverage, mining, and power generation sectors.
Q.8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.