Global Economizers Market Trend, Key Manufacturers Growth Opportunities And Forecast TO 2025
This study focuses on the production side and consumption side of Economizers, presents the global Economizers market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
Los Angeles, United States – September 12, 2018 /MarketersMedia/ —
In terms of production side, this report researches the Economizers capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Economizers by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
With the growing regulations and restrictions pertaining to energy conservation and reduction of fuel consumption, global economizers market is expected to create significant growth opportunities for industry incumbents during the forecast period. An economizer is a mechanical device which acts as a heat exchanger by preheating the feed water to improve the efficiency of the process. Economizers utilize residual heat from combustion products i.e. fuel gases, thereby improving thermal efficiency of the process as the process then requires relatively lesser fuel for the pre-heating the water in order to produce steam. Thus, economizers help in fuel saving and economizing the process and hence are referred to as economizers. Economizers offer numerous benefits, such as waste heat recovery and reduction of carbon emissions. These economizers also help in cooling gases in power plants prior to desulphurization. Thus, economizers help in cost reduction and water conservation. Improved and more efficient economizers are being developed to further improve the efficiency of the process.
Increasing government regulations aiming to minimize fuel consumption and to ensure energy conservation have led to the growth of the global economizers market over the recent past. Reportedly, use of economizers enhances the fuel economy by around 5-7%. They also help in achieving a general reduction in cost and improved operational efficiency. Moreover, the rapid growth in the end use industries, such as construction, power generation, especially in the developing regions with rising urbanization and industrialization, is another major factor driving the growth of the market.
The Economizers market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Economizers.
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This report includes the following manufacturers; we can also add the other companies as you want.
Johnson Controls
Honeywell International
Thermax
SAACKE
Alfa Laval
Cleaver-Brooks
SECESPOL
Sofame Technologies
Kelvion Holding
Clyde Bergemann Australia
Siemens
Market Segment by Product Type
Fluid/ Water Side Economizer
Air Side Economizer
Market Segment by Application
Construction
Power Generation
Others
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