PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1299752
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1299752
Positive Displacement Blowers Market size was valued at USD 2,306.5 Million in 2022, expanding at a CAGR of 6.6% from 2023 to 2030.
A positive displacement blower is a machine that is used to move air or gas for various applications using reciprocating pistons or rotary lobes. Additionally, it is also known as a PD blower or rotating air blower. Moreover, to transfer materials or gas to a destination it uses positive displacement Distribution Channel by trapping a distinctive volume of air and after that discharging it out against the system pressure into some form of pipes.
Positive displacement blowers require less care and are more adaptable. Additionally, they are easy to repair, have general mechanical competence, and require only basic tools. Moreover, they can be sealed with ordinary gas-tight mechanical seals and do not require seal purge gas; as a result, it minimizes the cost of seal maintenance and labor, saving money and time. Thus, owing to such factors positive displacement blowers are more in demand. However, positive displacement blowers have very high noise and high costs are such obstacles may hamper the market growth over the forecast period.
Furthermore, positive displacement blowers are used in the treatment of water and wastewater. In addition, water demand is increasing with global economic growth and the rise in population. This in turn propels the positive displacement blower's market growth. The COVID-19 pandemic had a slightly negative impact on the positive displacement blowers industry. Volatile cost of products disrupted the supply chain, and the shortage of raw materials poorly affected the displacement blowers industry.
The global positive displacement blowers market is segmented on the basis of product type, application, distribution channel, and region.
The market is divided into two categories based on product type: twin-lobe and tri-lobe. The twin-lobe sector is estimated to hold the market. The twin-lobe technology is being used in oil & gas, industrial, and chemical extraction. Additionally, the segment's growth is propelled owing to its design, which permits lower noise levels while increasing reliability due to shorter service intervals and longer life.
The market is divided into seven categories based on application: water & wastewater treatment, packaging, industrial, aquaculture, oil & gas, chemical, and power generation. The water & wastewater treatment sector is likely to maintain its dominance during the forecast period. Sewage/effluent is a process of removing contaminants from wastewater which commonly consists of industrial effluents and home sewage. In addition, the integration of positive displacement blowers with better treatment plants saves money and energy while improving performance propels segment growth.
The market is divided into two categories based on distribution channels: online and offline. The offline segment is expected to possess the largest market share. Through offline purchase, consumer can check the particular positive displacement blowers without paying extra levied charges, which provide better reach as compared to online channels.
The number of companies prioritized product approvals, product launches, and organic growth tactics including events and patents. Additionally, two inorganic growth tactics seen in the sector are acquisitions and partnerships & collaborations. These initiatives of market players have paved the way for key players to enhance their business and client base. Moreover, key players in the positive displacement blowers market are estimated to benefit from the rising demand for positive displacement blowers globally. Furthermore, due to the continued demand and development for water and wastewater treatment, positive displacement blowers gaining a foothold globally.
This proposed research study on positive displacement blowers market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2023-2030), considering 2022 as the base year.
The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for positive displacement blowers market.
The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the positive displacement blowers market.
Impact of COVID-19 on positive displacement blowers market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on positive displacement blower's market post-COVID will also be covered.
In order to give the users of this report a comprehensive view on the positive displacement blowers market, we have also included competitive landscape and key innovator analysis for the positive displacement blowers market.
The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
The report offersdetailed company profiling featuring major market participantswhich will help users to understand their financial information and strategic initiatives of players operating in the positive displacement blowers market.
In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
The global positive displacement blowers market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
The scope of this report covers the market by its major segments, which include as follows: