4 pivotal trends influencing high speed blowers market dynamics
Publisher : Fractovia | Latest Update: 2019-09-04 | Published Date : 2018-09-11Request Sample
The increasing need for energy consumption across wastewater and sewage treatment plants has been influencing high speed blowers market outlook. Over the last few years, with the rapidly increasing trends of industrialization and urbanization, the impact of polluted water on the environment has also surged tremendously. This has prompted regional government bodies to construct efficient water treatment plants, that would augment high speed blowers industry trends.
Rising initiatives by organizations toward wastewater management to drive the market size over the forecast duration
The involvement of numerous administrative bodies in the development of wastewater treatment facilities across urban as well as rural regions have also been generating new opportunities for the players in high speed blowers industry. In a bid to combat the operating expenditure incurred due to less efficient energy aeration blowers installed at wastewater treatment plants, prominent high speed blowers market contenders have been investing in the development of a new range of energy efficient products as well as research and development activities.
Citing an instance, focusing on the requirement of highly efficient blowers, leading blowers manufacturer, Spencer has developed a high efficiency, high speed, and single-stage turbo blower incorporated with features such as PLC controls, integrated variable frequency drive, and magnetic bearing protection. The design could help consumers to reduce the overall energy costs associated water and wastewater treatment facilities, subsequently impelling high speed blowers industry size.
Increasing collaborations between authorized bodies and industry participants to drive the market trends
Taking into account the efficacy of the products developed by leading players in high speed blowers market, many end-use sectors and government bodies have been joining hands with the industry contenders in order to collectively eliminate contaminants from water, vapors, and processed liquids.
Validating the aforementioned fact, in 2016, the renowned U.S. based adsorption equipment and activated carbon filter manufacturer and a subsidiary of Spencer Turbine, TIGG, LLC signed a long-term business contract with one of the cities located in Washington, Issaquah to get rid of Perfluorooctane sulfonate (PFOS) contaminants from drinking water.
The agreement was a multi-year contract based on the terms of which TIGG will supply activated carbon media and water treatment equipment to the city. The deployment of water treatment equipment across myriad such urban locales to ensure health protection and eliminate water contamination is certain to increase high speed blowers industry share.
Magnetic motor popularity to expedite high speed blowers market share
Considering the increasing involvement of regulatory bodies in the development of wastewater treatment facilities, industry biggies have been looking forward to tapping the opportunity with the development of extremely efficient, maintenance free, and compact high-speed blowers. The launch of next-generation AT turbo blowers in the market stands as an apt testament to the aforementioned fact.
The installation of magnetic motors has helped companies reduce the power as well as energy consumption. It is thus rather overt from this context, the magnetic bearing technology is certain to emerge as one of the most reliable technologies to be used in the design of these blowers in the years ahead.
Given that this technology can be effectively used for operations requiring minimal energy and power consumption, magnetic bearing technology accounted for 34% of the high speed blowers market share in 2018. The segment is expected to garner hefty proceeds in the years ahead, driven by that fact that it encompasses sensors to regulate its power usage and performance in addition to being able to generate higher speeds for blowers that move up to 50,000 RPM without conjectures.
Increasing investments for upgrading rural infrastructure to fuel the industry outlook
The rising awareness among health organizations and regional governments about the health issues generated due to the consumption of contaminated water has also led to some governments investing in the refurbishment and upgradation of existing infrastructural facilities in order to deal with health challenges arising due to consumption of contaminated water.
For instance, recently, the U.S. Department of Agriculture (USDA) has decided to invest in rural areas to rebuild rural water infrastructure and modernize water & wastewater systems. In addition, USDA has been providing financial support to the rural communities with 10,000 or lesser residents to build drinking water, stormwater waste and drainage disposal systems.
The surging involvement of regional governments in expansion and upgradation of filtration, aeration, and storage systems at wastewater treatment plants will further enhance high speed blowers industry share.
The consistent investments by myriad regional governments in the development of wastewater treatment plants will generate lucrative business opportunities for the industry giants in the years ahead. In addition to infrastructural development activities, innovative product development strategies are also expected to impel the revenue graph of high speed blowers market. As per estimates, high speed blowers market size is anticipated to cross USD 860 million by 2025.
