Economizer Global Market, By Product & Data Validation, 2017 Analysis and Forecast 2023
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(EMAILWIRE.COM, October 06, 2017 ) According to Publisher, the global Economizer market is accounted for $7.64 billion in 2016 and is expected to reach $12.75 billion by 2023 growing at a CAGR of 7.6%. Increasing demand for clean & renewable energy sources, growing demand for economizers in various applications, cost-effective cooling, continues modernization and maintenance of power plants, implementation of HVAC systems with rising construction activities, installation of new thermal power plants in various regions, upsurge in global construction projects and power efficient boilers are the factors driving the global economizer market. However, increasing CO2 emissions may negatively impact the market growth.
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Economizers are mechanical devices intended to reduce energy consumption, or to perform useful function such as preheating a fluid. In power plants, economizers are used as heat exchanger devices to conserve the residual heat generated by boilers. As the demand for electricity is growing rapidly in the emerging economies, it has led to the installation of new power plants. These new power plants require boilers; which, in turn, is anticipated to drive the demand for economizers, globally.
Asia-Pacific is projected to foresee the fastest growth over the coming seven years owing to the surging demand for the energy. Moreover, growing power demands coupled with the growing urban population in China and India, favourable government regulations aimed at harnessing renewable and clean energy, development of new power plants and upgrade of existing power plants are the factors expected to fuel economizer market demand over the forecast period. The markets of China and India are projected to be lucrative due to rising demand from various applications and increased energy consumption.
Some of the key players in economizer market include Alfa Laval AB, Babcock & Wilcox Enterprises, Inc., Belimo Holding AG, Cain Industries, Cannon Boiler Works, Cleaver-Brooks, Inc., Honeywell International Inc., Johnson Controls International PLC, Kelvion Holding GmbH, MicroMetl Corporation, Saacke GmbH, Schneider Electric Se, Secespol Sp. Z O.O., Shandong Hengtao Group, Sofame Technologies Inc., Stulz Air Technology Systems, Inc. and Thermax Limited.
Economizer Types Covered:
-Air-side Economizers
-Fluid Economizers
Applications Covered:
-Boilers
-Data Centers
-HVAC
-Power Plants
-Refrigeration
Verticals Covered:
-Industrial
-Commercial
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Regions Covered:
-North America
US
Canada
Mexico
-Europe
Germany
UK
Italy
France
Spain
Rest of Europe
-Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
-South America
Argentina
Brazil
Chile
Rest of South America
-Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
Company Profiling
10.1 Alfa Laval AB
10.2 Babcock & Wilcox Enterprises, Inc.
10.3 Belimo Holding AG
10.4 Cain Industries
10.5 Cannon Boiler Works
10.6 Cleaver-Brooks, Inc.
10.7 Honeywell International Inc.
10.8 Johnson Controls International PLC
10.9 Kelvion Holding GmbH
10.10 MicroMetl Corporation
10.11 Saacke GmbH
10.12 Schneider Electric Se
10.13 Secespol Sp. Z O.O.
10.14 Shandong Hengtao Group
10.15 Sofame Technologies Inc.
10.16 Stulz Air Technology Systems, Inc.
10.17 Thermax Limited
For more information about this report: http://www.reportsweb.com/economizer-global-market-outlook-2017-2023
Request Sample Copy at http://www.reportsweb.com/inquiry&RW00011117685/sample
Economizers are mechanical devices intended to reduce energy consumption, or to perform useful function such as preheating a fluid. In power plants, economizers are used as heat exchanger devices to conserve the residual heat generated by boilers. As the demand for electricity is growing rapidly in the emerging economies, it has led to the installation of new power plants. These new power plants require boilers; which, in turn, is anticipated to drive the demand for economizers, globally.
Asia-Pacific is projected to foresee the fastest growth over the coming seven years owing to the surging demand for the energy. Moreover, growing power demands coupled with the growing urban population in China and India, favourable government regulations aimed at harnessing renewable and clean energy, development of new power plants and upgrade of existing power plants are the factors expected to fuel economizer market demand over the forecast period. The markets of China and India are projected to be lucrative due to rising demand from various applications and increased energy consumption.
Some of the key players in economizer market include Alfa Laval AB, Babcock & Wilcox Enterprises, Inc., Belimo Holding AG, Cain Industries, Cannon Boiler Works, Cleaver-Brooks, Inc., Honeywell International Inc., Johnson Controls International PLC, Kelvion Holding GmbH, MicroMetl Corporation, Saacke GmbH, Schneider Electric Se, Secespol Sp. Z O.O., Shandong Hengtao Group, Sofame Technologies Inc., Stulz Air Technology Systems, Inc. and Thermax Limited.
Economizer Types Covered:
-Air-side Economizers
-Fluid Economizers
Applications Covered:
-Boilers
-Data Centers
-HVAC
-Power Plants
-Refrigeration
Verticals Covered:
-Industrial
-Commercial
Inquire before Buying at http://www.reportsweb.com/inquiry&RW00011117685/buying
Regions Covered:
-North America
US
Canada
Mexico
-Europe
Germany
UK
Italy
France
Spain
Rest of Europe
-Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
-South America
Argentina
Brazil
Chile
Rest of South America
-Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
Company Profiling
10.1 Alfa Laval AB
10.2 Babcock & Wilcox Enterprises, Inc.
10.3 Belimo Holding AG
10.4 Cain Industries
10.5 Cannon Boiler Works
10.6 Cleaver-Brooks, Inc.
10.7 Honeywell International Inc.
10.8 Johnson Controls International PLC
10.9 Kelvion Holding GmbH
10.10 MicroMetl Corporation
10.11 Saacke GmbH
10.12 Schneider Electric Se
10.13 Secespol Sp. Z O.O.
10.14 Shandong Hengtao Group
10.15 Sofame Technologies Inc.
10.16 Stulz Air Technology Systems, Inc.
10.17 Thermax Limited
For more information about this report: http://www.reportsweb.com/economizer-global-market-outlook-2017-2023
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Rajat Sahni
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results