Blower Market

Atlas Copco (Sweden) and Ingersoll Rand (US) are leading players in Blower Market

The blower market size is estimated to be USD 3.5 billion in 2022 and is projected to reach USD 4.3 billion by 2027; it is projected to grow at a CAGR of 4.3% during the forecast period. The key drivers for the blower market growing demand for food & beverage, steel, and cement industry, increasing investment in water & wastewater treatment, and advancement in blower technology.

The blower market is served by a mix of large international players with operational presence across the globe and local players commanding a strong supply network in the domestic market. The leading players in the blower market include Atlas Copco (Sweden), Ingersoll Rand (US), Kaeser Kompressoren (Germany), Aerzen (Germany), and Xylem (US). Strategies such as product launches, contracts, agreements, partnerships, collaborations, alliances, acquisitions, and expansions are followed by these companies to increase their market share.

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Atlas Copco is a leading multinational industrial company offering market-leading compressors, vacuum solutions, generators, pumps, power tools, blowers, and assembly systems. The products, systems, solutions, and services of the company cater to the requirements of a broad range of industries, such as chemicals and petrochemicals, automotive, cement, fertilizer, EV battery production, food & beverage, brewery, healthcare, pharmaceuticals, marine, aquaculture, metal, mining, oil & gas, LNG, power generation, pulp and paper, PET bottle, glass, carbon capture and storage, railway, power generation, renewables and energy recovery, water treatment, semiconductor and electronics, and textile. Atlas Copco’s business is segmented into four business areas, namely, Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique. The company offers blowers under its Compressor Technique segment. The Compressor Technique business segment accounted for a 44.5% share of the company's overall revenue in 2021.

The Compressor Technique business area provides compressed air solutions; industrial compressors; gas and process compressors and expanders; air and gas treatment equipment; air management systems; and services. The company offers different types of oil-free blowers such as rotary lobe blowers, rotary screw blowers, and centrifugal blowers. Blowers are used in process industries for applications that demand a consistent flow of low-pressure air, majorly for wastewater treatment and conveying. The blowers manufactured by Atlas Copco are ATEX-certified.

Atlas Copco has a global reach spanning more than 180 countries in Asia Pacific, Europe, North America, Europe, Africa and the Middle East, and South America. It has approximately 310 consolidated operating and holding subsidiaries. Furthermore, it has its own customer centers in 71 countries and production facilities in 21 countries. The principal product development and manufacturing units of the company are located in Belgium, the US, China, India, Germany, and Italy.

Ingersoll Rand is one of the leading engineering companies providing air, fluid, energy, specialty vehicles, medical technologies, and industrial solutions. In March 2020, the company merged with Gardner Denver to provide a stronger, broader portfolio of mission-critical industrial, energy, medical, and specialty vehicle products and services. The merger of Gardner Denver positions the new Ingersoll Rand as a global leader in mission-critical flow creation and industrial technologies. The company operates its business through four segments, namely, Industrial Technologies & Services, and Precision & Science Technologies. It offers blowers under its Industrial Technologies & Services segment, which accounted for an 80.2% share of the company’s total revenue in 2021.

The Industrial Technologies & Services segment designs manufactures, markets, and services a range of air and gas compression, vacuum, and blower products, fluid transfer equipment, loading systems, as well as power tools and lifting equipment, including associated aftermarket parts and consumables, and services. The company sells blowers through brands such as Gardner Denver, Elmo Rietschle, Robuschi, HIBON, and HOFFMAN & LASMSON Wheaton. Blower products are used for conveying high volumes of air and gas at various flow rates and at low pressures and are utilized in a broad range of industrial and environmental applications, including wastewater aeration, biogas upgrading and conveying, pneumatic transport, and dehydrating applications for food and beverage, cement, pharmaceutical, petrochemical, and mobile industrial applications. The company offers various types of blowers, such as rotary lobes, screws, claws and vanes, turbo, side channel, and radial blowers.

Ingersoll Rand has sales operations in more than 175 countries across North America, Latin America, Europe, Asia, the Middle East & Africa, and Australia. Apart from the US, Ingersoll Rand has manufacturing facilities in Germany, the UK, China, Finland, Italy, India, and other countries

Related Reports:

Blower Market by Product Type (Positive Displacement Blowers, Centrifugal Blowers, High-speed Turbo Blowers, Regenerative Blowers), Pressure (Up to 15 psi, 15-20 psi, Above 20 psi), Distribution Channel, End-Use Industry, & Region - Global Forecast to 2027

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Blower Market Size,  Share & Growth Report
Report Code
EP 8138
RI Published ON
9/6/2022
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