The increasing demand for economizers across the globe can be attributed to the growing use of economizers for different applications in commercial and industrial sectors. Moreover, countries such as the US, Denmark, Canada, Sweden, and Poland are investing in clean energy resources to meet the increasing demand for energy, thereby influencing the growth of the economizer market.
Based on type, the economizer market has been segmented into fluid economizers and air-side economizers. Fluid economizers use chilled water to provide cooling requirements for waste heat recovery systems. There are 2 types of fluid economizers, namely, fluid economizers for chilled water systems and fluid economizers for glycol DX systems. The fluid economizers segment is the largest and the fastest-growing type segment of the economizer market, owing to their increasing applicability in industrial boilers and HVAC systems.
Based on end-use industry, the economizer market has been classified into industrial and commercial. In the industrial segment, economizers are used as heat exchangers to preheat fluid, which results in energy conservation. Economizers are also utilized as combustion products, such as flue gases, to recover residual heat. The industrial segment is the largest and the fastest-growing end-use industry segment of the economizer market.
In 2019, the market size of Economizer is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of 9.1% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Economizer.
This report studies the global market size of Economizer, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Economizer production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Honeywell International Inc.
Schneider Electric Se
Johnson Controls International PLC
Alfa Laval AB
Thermax Limited
Babcock & Wilcox Enterprises, Inc.
Belimo Holding AG
Stulz Air Technology Systems, Inc.
Secespol Sp. Z O.O.
Cain Industries
Saacke GmbH
Cleaver-Brooks, Inc.
Market Segment by Product Type
Fluid Economizers
Air-side Economizers
Market Segment by Application
Industrial
Commercial
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Economizer status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Economizer manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Economizer are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Economizer. Industry analysis & Market Report on Economizer is a syndicated market report, published as Global (United States, European Union and China) Economizer Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Economizer market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.