Market Overview:
The Global Magnetic Bearing Turbo Blowers Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for energy-efficient turbo blowers in various applications such as waste water management, oil & gas and chemical industry, cement, and others. Moreover, the growing demand for magnetic bearing turbo blowers in developing countries owing to the rising industrialization and urbanization is also propelling the market growth. However, high initial cost of installation may restrain the market growth during the forecast period. Based on type, < 150 kW segment accounted for majority share of global magnetic bearing turbo blowers market in 2017 and is projected to maintain its dominance throughout the forecast period. This can be attributed to increasing demand for low-power consumption turbo blowers across various applications such as waste water management and oil & gas sector.
Product Definition:
A turbo blower is a type of gas compressor that uses a turbine to drive a centrifugal impeller. Turbo blowers are often used in place of or in addition to Roots blowers.
Turbochargers use the exhaust gases from an engine to spin a turbine, which then powers the compressor. Magnetic Bearing Turbo Blowers (MBTB) are turbo blowers where the bearings that support the shaft and spin the impeller are held in place by magnets instead of traditional oil-lubricated bearings.
- Extended life span as there is no need for regular replacement or adjustment of bearings;.
< 150 kW:
Magnetic bearing turbo blowers are used in various applications such as foundry, chemical plants, refineries and power generation industries. Turbo blowers have the ability to operate at high speeds which results in increased air movement for a given volume with less energy input. This makes them an ideal choice for use in industrial processes where high flow rates are required.
≥ 150 kW:
Magnetic bearing turbo blowers are used in various end-use industries such as construction, mining, automotive and marine. The product is expected to witness significant demand owing to its advantages such as low maintenance cost and high reliability.
The market for magnetic bearing turbo blowers is driven by the need for energy-efficient solutions that provide improved operational efficiency at a lower cost.
Application Insights:
The waste water management application segment accounted for the largest share of over 30.0% in 2017. The application is projected to witness significant growth on account of its rising demand from various industries including cement, chemical, and others. In addition, stringent regulations in place across various regions are further expected to boost the product demand over the forecast period.
The oil & gas and chemical industry are among some of the major end-use industries that use these products due to their ability to provide high air flow rates with low noise levels at relatively low cost as compared to other conventional technologies such as centrifugal or axial fans.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of numerous end-use industries, coupled with rapid industrialization and urbanization, has led to an increase in construction activities across this region. This factor is anticipated to drive product demand over the forecast period.
The growing oil & gas industry across countries such as China, India, Indonesia and Vietnam are anticipated to drive product demand from 2018 to 2030. In addition, increasing investments in infrastructure development by various governments are likely boost market growth during the projected time span.
North America accounted for a significant share of global magnetic bearing turbo blowers market owing to high energy consumption associated with heavy machinery used for waste water management and chemical processing applications within this region.
Growth Factors:
- Increasing demand for energy-efficient and reliable turbo blowers from various industries
- Growing popularity of magnetic bearing turbo blowers over traditional bearings turbo blowers
- Rising awareness about the benefits of using magnetic bearing turbo blowers
- Technological advancements in the design and manufacturing of magnetic bearing turbo blowers
- Growing demand for miniaturized and high-performance turbo blowers
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnetic Bearing Turbo Blowers Market Research Report
By Type
< 150 kW, ≥ 150 kW
By Application
Waste Water Management, Oil & Gas and Chemical Industry, Cement, Others
By Companies
Esurging, Baichuan, Shanghai Sikeluo, Guangdong Guanneng, Howden, Shandong Tianrui, Shandong Zhanggu, Najing Cigu, Shandong Huadong, Henan Dinuo, Esurging, Longgu, Hi-Turbine, Gardner Denver, RAETTS
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Magnetic Bearing Turbo Blowers Market Report Segments:
The global Magnetic Bearing Turbo Blowers market is segmented on the basis of:
Types
< 150 kW, ≥ 150 kW
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Waste Water Management, Oil & Gas and Chemical Industry, Cement, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Esurging
- Baichuan
- Shanghai Sikeluo
- Guangdong Guanneng
- Howden
- Shandong Tianrui
- Shandong Zhanggu
- Najing Cigu
- Shandong Huadong
- Henan Dinuo
- Esurging
- Longgu
- Hi-Turbine
- Gardner Denver
- RAETTS
Highlights of The Magnetic Bearing Turbo Blowers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- < 150 kW
- ≥ 150 kW
- By Application:
- Waste Water Management
- Oil & Gas and Chemical Industry
- Cement
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Magnetic Bearing Turbo Blowers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Magnetic Bearing Turbo Blowers are a type of turbo blower that uses magnets to create a rotational force. This force is used to power the turbo fan, which in turn creates air flow. Magnetic Bearing Turbo Blowers are popular because they offer high levels of efficiency and speed.
Some of the major companies in the magnetic bearing turbo blowers market are Esurging, Baichuan, Shanghai Sikeluo, Guangdong Guanneng, Howden, Shandong Tianrui, Shandong Zhanggu, Najing Cigu, Shandong Huadong, Henan Dinuo, Esurging, Longgu, Hi-Turbine, Gardner Denver, RAETTS.
The magnetic bearing turbo blowers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Magnetic Bearing Turbo Blowers Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Magnetic Bearing Turbo Blowers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Magnetic Bearing Turbo Blowers Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Magnetic Bearing Turbo Blowers Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Magnetic Bearing Turbo Blowers Market Size & Forecast, 2018-2028 4.5.1 Magnetic Bearing Turbo Blowers Market Size and Y-o-Y Growth 4.5.2 Magnetic Bearing Turbo Blowers Market Absolute $ Opportunity
Chapter 5 Global Magnetic Bearing Turbo Blowers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Magnetic Bearing Turbo Blowers Market Size Forecast by Type
5.2.1 < 150 kW
5.2.2 ≥ 150 kW
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Magnetic Bearing Turbo Blowers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Magnetic Bearing Turbo Blowers Market Size Forecast by Applications
6.2.1 Waste Water Management
6.2.2 Oil & Gas and Chemical Industry
6.2.3 Cement
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Magnetic Bearing Turbo Blowers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Magnetic Bearing Turbo Blowers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Magnetic Bearing Turbo Blowers Analysis and Forecast
9.1 Introduction
9.2 North America Magnetic Bearing Turbo Blowers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Magnetic Bearing Turbo Blowers Market Size Forecast by Type
9.6.1 < 150 kW
9.6.2 ≥ 150 kW
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Magnetic Bearing Turbo Blowers Market Size Forecast by Applications
9.10.1 Waste Water Management
9.10.2 Oil & Gas and Chemical Industry
9.10.3 Cement
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Magnetic Bearing Turbo Blowers Analysis and Forecast
10.1 Introduction
10.2 Europe Magnetic Bearing Turbo Blowers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Magnetic Bearing Turbo Blowers Market Size Forecast by Type
10.6.1 < 150 kW
10.6.2 ≥ 150 kW
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Magnetic Bearing Turbo Blowers Market Size Forecast by Applications
10.10.1 Waste Water Management
10.10.2 Oil & Gas and Chemical Industry
10.10.3 Cement
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Magnetic Bearing Turbo Blowers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Magnetic Bearing Turbo Blowers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Magnetic Bearing Turbo Blowers Market Size Forecast by Type
11.6.1 < 150 kW
11.6.2 ≥ 150 kW
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Magnetic Bearing Turbo Blowers Market Size Forecast by Applications
11.10.1 Waste Water Management
11.10.2 Oil & Gas and Chemical Industry
11.10.3 Cement
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Magnetic Bearing Turbo Blowers Analysis and Forecast
12.1 Introduction
12.2 Latin America Magnetic Bearing Turbo Blowers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Magnetic Bearing Turbo Blowers Market Size Forecast by Type
12.6.1 < 150 kW
12.6.2 ≥ 150 kW
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Magnetic Bearing Turbo Blowers Market Size Forecast by Applications
12.10.1 Waste Water Management
12.10.2 Oil & Gas and Chemical Industry
12.10.3 Cement
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Magnetic Bearing Turbo Blowers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Magnetic Bearing Turbo Blowers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Magnetic Bearing Turbo Blowers Market Size Forecast by Type
13.6.1 < 150 kW
13.6.2 ≥ 150 kW
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Magnetic Bearing Turbo Blowers Market Size Forecast by Applications
13.10.1 Waste Water Management
13.10.2 Oil & Gas and Chemical Industry
13.10.3 Cement
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Magnetic Bearing Turbo Blowers Market: Competitive Dashboard
14.2 Global Magnetic Bearing Turbo Blowers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Esurging
14.3.2 Baichuan
14.3.3 Shanghai Sikeluo
14.3.4 Guangdong Guanneng
14.3.5 Howden
14.3.6 Shandong Tianrui
14.3.7 Shandong Zhanggu
14.3.8 Najing Cigu
14.3.9 Shandong Huadong
14.3.10 Henan Dinuo
14.3.11 Esurging
14.3.12 Longgu
14.3.13 Hi-Turbine
14.3.14 Gardner Denver
14.3.15 RAETTS