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Regenerative Blowers Market is expected to witness rapid escalation globally during 2020 - 2026
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Regenerative Blowers Market Study by Segment Analysis and Regional Outlook to 2026 • The global regenerative blowers market is expected to record substantial traction across emerging economies through 2026. The product is extensively used in wastewater treatment plants for sewage aeration. Depleting water resources, aging infrastructure, and increasing need for reliable water supply have aided product penetration in recent years. A study conducted by Global Market Insights, Inc., predicts that regenerative blowers market size is expected to exceed USD 1 billion by 2026. • The burgeoning need for wastewater treatment activities is being driven by rigorous government regulations restricting wastewater disposal into natural water bodies, which in turn will further accelerate the product demand from water treatment applications. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
In addition, technological advancement and increased shell-gas exploration have accelerated investments toward the wastewater industry, signifying potential application prospects for regenerative blowers across these activities. However, high product cost is the key reason that may hamper the global regenerative blowers market over the forecast period. The regenerative blowers market is essentially gaining traction from the three-state blowers segment. These blowers are equipped with three impellers and can be used efficiently in high duty air supply applications in manufacturing and chemical plants. • The oil & gas sector is expected to emerge as a key end-user segment owing to burgeoning oil & gas exploration activities. These blowers are extensively being employed in this industry for flare gas recovery, fuel gas boosting, gas gathering, field gas boosting, enhanced oil recovery, hydrocarbon recovery, and vapor recovery purposes. On this note, it is expected that the oil & gas sector will record 7% of the total market share by 2026. • Apart from the oil & gas sector, regenerative blowers are deployed in sprinkler irrigation and large-scale agriculture projects for pond aeration. The oxygen content in water can be significantly improved using regenerative blowers, which in turn increases the number of fishes that can be kept in a pond. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Regional Analysis • On the regional front, the North America regenerative blowers market is expected to record a 4% CAGR over the forecast period owing to expanding oil & gas and chemical sectors in the region. Favorable government initiatives to expand oil production in the region are accelerating product demand in recent years. Besides, the growing popularity of packaged foods is expected to further support the industry growth as these blowers are extensively employed in the food & beverage industries for several applications. • Competitive Analysis • Considering the competitive landscape, it is important to mention that companies operating in the global regenerative blowers market are undertaking numerous growth strategies such as product launches and geographical expansion to tap major market share. Notably, Becker Pumps Corporation, Gast Manufacturing Inc., Atlantic Blowers, KNB Corporation, ElektrorAirsystems GmbH, Busch LLC, Hitachi, Ltd., AMETEK, and Gardner Denver are major companies manufacturing regenerative blowers. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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