Europe High Speed Blowers Market to Cross Over 30% Share by 2025: Global Market Insights, Inc.
The high speed blowers market size for wastewater treatment will achieve 4.5% CAGR over 2019-2025, mounting wastewater treatment methods driven by stern regulations employed by environmental regulatory agencies in Europe.
SELBYVILLE, Del., August 19, 2019 (Newswire.com) - The high speed blowers market is growing at more than 4% compound annual growth rate and will cross USD 860 million by 2025, according to a 2019 Global Market Insights, Inc report. Increasing awareness for wastewater treatment process throughout various end-use industries to lower the impacts from effluents present in wastewater will aid in triggering product demand that will fuel demand for the high speed blowers market by 2025. Numerous organizations are been making considerable investments to advance wastewater facilities to develop their overall effectiveness. For example, a multi-million-dollar venture was commissioned to enhance a wastewater treatment facility (Grissom Aeroplex) in Peru. The venture involves enhancing the plant’s outline and several other architectural modifications. Furthermore, 20 water treatment facilities have been improved with modern upgrades across South America and the U.S., that will likely propel the turbo blowers market in the coming years.
Immensely complex blower functions coupled with high product prices will likely obstruct the growth rate and adoption of high speed blowers in the market during the forecast period. Lack of skilled workers for operating blowers is an additional key obstructing aspect for the total HST blowers market. Nevertheless, the product’s elevated speed, variety of functions and efficiency will produce ample prospects for the turbo blowers market during the forecast timeframe.
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The high speed blowers market accounted for more than 34% of magnetic bearings in 2018. The product finds extensive applications in oil & gas exploration activities where continuous high speed is required in the cooling towers with the ability to take larger loads. This technology consumes low energy and power. These blowers are comprised of sensors that are responsible for regulating power usage and performance. Additionally, the sensors statistically analyze the operating trends, blower health and any warnings for system malfunctions.
The turbo blowers industry size for wastewater treatment is estimated to grow with a CAGR of around 4.5% by 2025. Wastewater treatment methods are vastly applicable throughout many industries owing to increasing aquatic and environmental concerns. Insufficiency of fresh water, mounting water-borne ailments, threat to aquatic beings, etc. are a few major causes that mandate wastewater treatment. Many European countries are enhancing their wastewater treatment facilities to counter its water scarceness that is likely to augment the turbo blowers market size in the near future.
Browse key industry insights spread across 210 pages with 196 market data tables & 22 figures & charts from the report, “High Speed Blowers Market Size By Technology (Airfoil Bearings, Magnetic Bearings), By End-user (Wastewater Treatment, Chemical, Oil & Gas, Chemical, Marine), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, U.K., France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, Saudi Arabia, UAE), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2025” in detail along with the table of contents:
The high speed blowers market for Asia Pacific is projected to augment with a CAGR around 4% till 2025. Accumulated waste and absence of appropriate sanitation is contaminating groundwater, which has a hazardous effect on humans as well as aquatic life. Unwillingness to pay more for adequate sanitation in underdeveloped parts in Asia Pacific is also a key factor in the degradation of consumable water. Several banks in the region are providing funds to build wastewater treatment plants to escalate the purifying activities that are projected to stimulate product consumption, subsequently driving the HST blowers market by 2025.
The high speed blowers market share contributors are United Blowers, Atlantic Blower, Atlas Copco, Xylem India, Eminent Blower, Zi-Argus, Aerzen, APG-Neuros, HSI Blowers and Spencer Turbine.
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About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Source: Global Market Insights, Inc.
Categories: Research and Development