European High Speed Blower Market size is anticipated to cross USD 310 million by 2028, according to a latest forecast report by Graphical Research.
The market growth is driven by the rising technological advancements and increasing demand from end-user industries. Increasing attention to amplified reliability and low maintenance requirements along with the surging need for using treated water will act as promising drivers for the market expansion. Top manufacturers in the region are working on designing new products that have better aeration options, minimum vibrations, and minimum maintenance.
The growing concerns over water reuse and wastewater treatment have opened multiple growth opportunities for the industry participants. For instance, in September 2020, Xylem Inc. lent its support in preventing water shortages across the U.K. on account of its commitment to address the scarcity while making communities more sustainable and resilient. The rapid technological intervention for enhancing product performance over a longer period, and the fast-growing shipbuilding industry will also strengthen the market dynamics.
Though high speed blowers witness remarkable deployment across several end-user markets, they render certain challenges, including higher product prices and complex operations, which are likely to slow down the market growth rate. Additionally, the blowers need trained personnel for handling operations.
However, the increasing demand to offer high performance in the industrial spectrum and the growing production of chemicals in the region are likely to add huge impetus to industry share.
The Europe high speed blower market from magnetic bearings segment will observe around 3% CAGR through 2028, owing to the product’s ability to handle higher forces and offer excellent reliability. This technology consumes a lower amount of energy and helps overcome the limitations of air bearings in terms of providing stringent filtration on the incoming air. Scaling developments in electronics have drastically reduced their cost while providing improved reliability in recent years.
The Europe high speed blower market from oil & gas sector will surpass USD 60 million by 2028, attributed to the rising number of oil & gas exploration activities in Norway and Russia. These blowers, apart from reducing energy consumption, offer improved process efficiency. Rising adoption in oil & gas exploration activities to offer continuous high speed in cooling towers whilst taking larger loads will positively impact the regional market development.
Browse detailed statistical insights from the report, “Europe High Speed Blowers Market Forecast 2028 By Technology (Airfoil Bearings, Magnetic Bearings), By End-user Industry (Wastewater Treatment, Chemical, Oil & Gas, Chemical, Marine), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
With the significant advances in the petrochemical industry, there is a stronger need for high-performance blowers in customized applications to deliver easy maintenance, reliability, and dependability. Rising requirements for air-cooled & temperature-controlled heat exchangers as well as ventilation in a refining furnace will influence the market growth.
France high speed blower market is anticipated to foresee substantial growth between 2022 and 2028, due to the proliferating shipbuilding sector and the expanding crude oil production. The region is one of the largest European military shipbuilders and accounts for significant export production. The growing product consumption in the wastewater treatment, chemical, and oil & gas, sectors in the region is another trend driving the industry development.
The European high speed blower market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2017 to 2028, for the following segments:
Europe Market, By Technology
- Magnetic Bearings
- Airfoil Bearings
Europe Market, By End-user
- Wastewater Treatment
- Oil & Gas
The above information has been provided for the following countries: