Economizer Market

Economizer Market By Type, By Applications, By End Use Industry - Global Industry Share, Growth, Competitive Analysis And Forecast, 2017-2022
    Update Available - Forecast 2024-2030   

Published: Jul 2023 | Report Code: OMR2017156 | Category : Advanced Technologies | Delivery Format: /

The global Economizer market is anticipated to grow at the CAGR of 7% during 2017-2022. The major factors that are augmenting the growth of the market include rising demand for clean and reusable energy and use of economizer in Heating Ventilation and Air Conditioning (HVAC) applications. Moreover, an increase in constructional activities and growing usage of refrigeration in the medical and automotive domain is also estimated to be a major factor that is fuelling the growth of the market. Economizer has been used to cool external environment temperature to preserve hardware for the green computing environment. Economizers are used in data centers to replace cooling devices like computer room air conditioners. They save data centers operational costs by more than 50-60%. The increasing demand for economizer across the globe can be predicted by the growing use of economizers for different applications in commercial as well as industrial sectors. Globally, the governments of both developed and emerging countries have been taking initiatives to reduce greenhouse gas and their carbon footprints by employing an economizer. The fluid economizer and airside economizer are used to fulfill cooling requirements for waste heat recovery systems. The fluid economizer market is growing significantly due to increase applicability in industrial boilers and HVAC systems. In industries, the economizer is used as a heat exchanger to preheat fluid resulting in energy conservation. The industrial segment is also the fastest and largest growing end-use industry segment of the market. However, there are certain factors that are hindering the growth of the market. High maintenance cost and emission of poisonous gases resulting from combustion in power plants are estimated to be the major constraints in the growth of the market.

Geography Insights

The global economizer market is analyzed on the basis of the geographical regions that are contributing significantly towards the growth of the market. On the basis of the geography, the market is bifurcated into North America, Europe, Asia Pacific and Rest of the World. The Asia Pacific is the largest market for economizer due to the rise in the number of construction projects within the region. The development of new power plants and up-gradation of existing plants in various countries such as China and India are major factors driving the Asia Pacific market.

Competitive Insights

Key players of the economizer market include Honeywell International Inc., Schneider Electric SE, Johnson Controls International PLC,  Alfa Laval AB, Thermax Ltd., Babcock & Wilcox Enterprises, Inc., Belimo Holding AG, Stulz Air Technology Systems, Inc., Secespol SP. z o.o., Cain Industries, Saacke GMBH, Cleaver-Brooks, Inc., Cannon Boilers Works, Super Radiation Coils, Victory Energy Operations, Chanuate, Real boilers Pvt. Ltd., KPtron Engineering, Patwa Tech Pvt. Ltd., Mechno Tech and so on. In order to stay competitive in the market these players adopt different marketing strategies such as merger and acquisitions, product launch, collaboration, geographical expansion and so on. Johnson Controls International PLC  and Tyco entered into partnership in 2016 to create leaders in building products, and technology, integrated solutions and energy storage. Moreover, Johnson controls launched YORK YK-EP “Efficiency Plus” water cooled centrifugal chiller for achieving more capacity and improved efficiency.

Market Segmentation

The global economizer market is segmented on the basis of application, types and end-use industry. By types, the market is segmented on the basis of fluid economizer and air-side economizer. In types, the fluid economizer's segment of the economizer market is expected to lead during the forecast period.  The industrial segment is expected to hold the largest share in the economizer market. The growth of the industrial segment of the economizer market is due to the increased use of economizers as heat exchangers to conserve energy.

The Report Covers

  • Comprehensive research methodology of the global Economizer market
  • In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global Economizer market
  • Insights about market determinants which are stimulating the global Economizer market
  • Detailed and extensive market segments with regional distribution of researched revenues
  • Extensive profiles and recent developments of market players

1. REPORT SUMMARY

1.1. RESEARCH METHODS AND TOOLS

1.2. MARKET BREAKDOWN

1.2.1. BY SEGMENTS

1.2.2. BY GEOGRAPHY

1.2.3. BY STAKEHOLDERS

2. MARKET OVERVIEW AND INSIGHTS

2.1. DEFINITION

2.2. ANALYST INSIGHT & CURRENT MARKET TRENDS

2.2.1. KEY FINDINGS

2.2.2. RECOMMENDATION

2.2.3. CONCLUSION

2.3. REGULATIONS

2.3.1. UNITED STATES

2.3.2. EUROPEAN UNION

2.3.3. CHINA

2.3.4. INDIA

2.3.5. REST OF THE WORLD

3. MARKET DETERMINANT

3.1. MOTIVATORS

3.1.1. RISE IN DEMAND OF CLEAN AND REUSABLE ENERGY

3.1.2. GROWING DEMAND OF ECONOMIZER IN HEATING, VENTILATION, AND AIR CONDITIONING (HVAC) APPLICATIONS

3.1.3. INCREASE IN CONSTRUCTIONAL ACTIVITIES

3.1.4. GROWING USE OF REFRIGERATION IN MEDICAL AND AUTOMOTIVE DOMAIN

3.2. RESTRAINTS

3.2.1. EMISSION OF POISONOUS GASES RESULTING FROM COMBUSTION IN POWER PLANTS

3.2.2. HIGH MAINTENANCE COST

3.3. OPPORTUNITIES

3.3.1. DEMAND OF GREENER IT OPERATIONS

3.3.2. INCREASING AWARENESS TO SAVE FUEL AND ENERGY

4. MARKET SEGMENTATION

4.1. ECONOMIZER MARKET BY TYPE

4.1.1. FLUID ECONOMIZER

4.1.2. AIR SIDE ECONOMIZER

4.2. ECONOMIZER MARKET BY APPLICATIONS

4.2.1. POWER PLANTS

4.2.2. HVAC

4.2.3. BOILERS

4.2.4. DATA CENTERS

4.2.5. REFRIGERATIONS

4.3. ECONOMIZER MARKET BY END USE INDUSTRY

4.3.1. INDUSTRIAL

4.3.2. COMMERCIAL

5. COMPETITIVE LANDSCAPE

5.1. KEY STRATEGIES

5.2. KEY COMPANY ANALYSIS

6. REGIONAL ANALYSIS

6.1. NORTH AMERICA

6.1.1. UNITED STATES

6.1.2. CANADA

6.1.3. REST OF NORTH AMERICA

6.2. EUROPE

6.2.1. UNITED KINGDOM

6.2.2. FRANCE

6.2.3. GERMANY

6.2.4. ITALY

6.2.5. SPAIN

6.2.6. REST OF EUROPE

6.3. ASIA PACIFIC

6.3.1. INDIA

6.3.2. CHINA

6.3.3. JAPAN

6.4. REST OF THE WORLD

7. COMPANY PROFILES

7.1. ALFA LAVAL

7.1.1. INTRODUCTION

7.1.2. ALFA LAVAL PRODUCT PORTFOLIO

7.1.3. ALFA LAVAL RECENT ACTIVITIES

7.2. BABCOCK & WILCOX ENTERPRISES, INC.

7.2.1. INTRODUCTION

7.2.2. BABCOCK AND WILCOX PRODUCT PORTFOLIO

7.2.3. BABCOCK AND WILCOX RECENT ACTIVITIES

7.3. BELIMO HOLDING AG

7.3.1. INTRODUCTION

7.3.2. BELIMO HOLDING PRODUCT PORTFOLIO

7.3.3. BELIMO HOLDING RECENT ACTIVITIES

7.4. CAIN INDUSTRIES

7.4.1. INTRODUCTION

7.4.2. CAIN INDUSTRIES PRODUCT PORTFOLIO

7.4.3. CAIN INDUSTRIES RECENT ACTIVITIES

7.5. CLEAVER-BROOKS, INC

7.5.1. INTRODUCTION

7.5.2. CLEAVER-BROOKS PRODUCT PORTFOLIO

7.5.3. CLEAVER-BROOKS RECENT ACTIVITIES

7.6. HONEYWELL INTERNATIONAL INC.

7.6.1. INTRODUCTION

7.6.2. HONEYWELL INTERNATIONAL PRODUCT PORTFOLIO

7.6.3. HONEYWELL INTERNATIONAL RECENT ACTIVITIES

7.7. JOHNSON CONTROLS INTERNATIONAL PLC

7.7.1. INTRODUCTION

7.7.2. JOHNSON CONTROLS INTERNATIONAL PRODUCT PORTFOLIO

7.7.3. JOHNSON CONTROLS INTERNATIONAL RECENT ACTIVITIES

7.8. SAACKE GMBH

7.8.1. INTRODUCTION

7.8.2. SAACKE GMBH PRODUCT PORTFOLIO

7.8.3. SAACKE GMBH RECENT ACTIVITIES

7.9. SCHNEIDER ELECTRIC SE

7.9.1. INTRODUCTION

7.9.2. SCHNEIDER ELECTRIC SE PRODUCT PORTFOLIO

7.9.3. SCHNEIDER ELECTRIC SE RECENT ACTIVITIES

7.10. SECESPOL SP. Z O.O.

7.10.1. INTRODUCTION

7.10.2. SECESPOL SP.ZO.O. PRODUCT PORTFOLIO

7.10.3. SECESPOL SP.ZO.O. RECENT ACTIVITIES

7.11. STULZ AIR TECHNOLOGY SYSTEMS, INC.

7.11.1. INTRODUCTION

7.11.2. STULZ AIR TECHNOLOGY PRODUCT PORTFOLIO

7.11.3. STULZ AIR TECHNOLOGY RECENT ACTIVITIES

7.12. THERMAX LIMITED

7.12.1. INTRODUCTION

7.12.2. THERMAX PRODUCT PORTFOLIO

7.12.3. THERMAX RECENT ACTIVITIES

7.13. CANNON BOILER WORKS

7.13.1. INTRODUCTION

7.13.2. CANNON PRODUCT PORTFOLIO

7.13.3. CANNON RECENT ACTIVITIES

7.14. SUPER RADIATOR COILS

7.14.1. INTRODUCTION

7.14.2. SUPER RADIATOR PRODUCT PORTFOLIO

7.14.3. SUPER RADIATOR RECENT ACTIVITIES

7.15. VICTORY ENERGY OPERATIONS

7.15.1. INTRODUCTION

7.15.2. VICTORY ENERGY OPERATIONS PRODUCT PORTFOLIO

7.15.3. VICTORY ENERGY OPERATIONS RECENT ACTIVITIES

7.16. CHANUATE

7.16.1. INTRODUCTION

7.16.2. CHANUATE PRODUCT PORTFOLIO

7.16.3. CHANUATE RECENT ACTIVITIES

7.17. REAL BOILERS PRIVATE LIMITED

7.17.1 INTRODUCTION

7.17.2. REAL BOILERS PRODUCT PORTFOLIO

7.17.3. REAL BOILERS RECENT ACTIVITY

7.18 KPTRON ENGINEERING

7.18.1. INTRODUCTION

7.18.2. KPTRON PRODUCT PORTFOLIO

7.18.3. KPTROBN RECENT ACTIVITIES

7.19. PATCO TECH PRIVATE INDIA LIMITED

7.19.1. INTRODUCTION

7.19.2. PATCO TECH PRODUCT PORTFOLIO

7.19.3. PATCO TECH RECENT ACTIVITIES

7.20. MECHNO TECH

7.20.1. INTRODUCTION

7.20.2. MECHNO TECH PRODUCT PORTFOLIO

7.20.3. MECHNO TECH RECENT ACTIVITIES

TABLE # 1 GLOBAL ECONOMIZER MARKET RESEARCH AND ANALYSIS, BY TYPE, 2015-2022 ($ MILLION)

TABLE # 2 GLOBAL FLUID ECONOMIZER MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

TABLE # 3 GLOBAL AIR SIDE ECONOMIZER MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

TABLE # 4 GLOBAL ECONOMIZER MARKET RESEARCH AND ANALYSIS, BY APPLICATIONS, 2015-2022 ($ MILLION)

TABLE # 5 GLOBAL POWER PLANTS MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

TABLE # 6 GLOBAL HVAC MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

TABLE # 7 GLOBAL BOILERS MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

TABLE # 8 GLOBAL DATA CENTERS MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

TABLE # 9 GLOBAL REFRIGERATIONS MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

TABLE # 10 GLOBAL ECONOMIZER MARKET RESEARCH AND ANALYSIS BY END USE INDUSTRY, 2015-2022 ($ MILLION)

TABLE # 11 GLOBAL INDUSTRIAL MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

TABLE # 12 GLOBAL COMMERCIAL MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

TABLE # 13 ALFA LAVAL PRODUCT PORTFOLIO

TABLE # 14 ALFA LAVAL RECENT ACTIVITIES

TABLE # 15 BABCOCK AND WILCOX PRODUCT PORTFOLIO

TABLE # 16 BABCOCK AND WILCOX RECENT ACTIVITIES

TABLE # 17 BELIMO HOLDING PRODUCT PORTFOLIO

TABLE # 18 BELIMO HOLDING RECENT ACTIVITIES

TABLE # 19 CAIN INDUSTRIES PRODUCT PORTFOLIO

TABLE # 20 CAIN INDUSTRIES RECENT ACTIVITIES

TABLE # 21 CLEAVER-BROOKS PRODUCT PORTFOLIO

TABLE # 22 CLEAVER-BROOKS RECENT ACTIVITIES

TABLE # 23 HONEYWELL INTERNATIONAL PRODUCT PORTFOLIO

TABLE # 24 HONEYWELL INTERNATIONAL RECENT ACTIVITIES

TABLE # 25 JOHNSON CONTROLS INTERNATIONAL PRODUCT PORTFOLIO

TABLE # 26 JOHNSON CONTROLS INTERNATIONAL RECENT ACTIVITIES

TABLE # 27 SAACKE GMBH PRODUCT PORTFOLIO

TABLE # 28 SAACKE GMBH RECENT ACTIVITIES

TABLE # 29 SCHNEIDER ELECTRIC SE PRODUCT PORTFOLIO

TABLE # 30 SCHNEIDER ELECTRIC SE RECENT ACTIVITIES

TABLE # 31 SECESPOL SP.ZO.O. PRODUCT PORTFOLIO

TABLE # 32 SECESPOL SP.ZO.O. RECENT ACTIVITIES

TABLE # 33 STULZ AIR TECHNOLOGY PRODUCT PORTFOLIO

TABLE # 34 STULZ AIR TECHNOLOGY RECENT ACTIVITIES

TABLE # 35 THERMAX PRODUCT PORTFOLIO

TABLE # 36 THERMAX RECENT ACTIVITIES

TABLE # 37 CANNON PRODUCT PORTFOLIO

TABLE # 38 CANNON RECENT ACTIVITIES

TABLE # 39 SUPER RADIATOR PRODUCT PORTFOLIO

TABLE # 40 SUPER RADIATOR RECENT ACTIVITIES

TABLE # 41 VICTORY ENERGY OPERATIONS PRODUCT PORTFOLIO

TABLE # 42 VICTORY ENERGY OPERATIONS RECENT ACTIVITIES

TABLE # 43 CHANUATE PRODUCT PORTFOLIO

TABLE # 44 CHANUATE RECENT ACTITIES

TABLE # 45 REAL BOILERS PRODUCT PORTFOLIO

TABLE # 46 REAL BOILERS RECENT ACTIVITY

TABLE # 47 KPTRON PRODUCT PORTFOLIO

TABLE # 48 KPTROBN RECENT ACTIVITIES

TABLE # 49 PATCO TECH PRODUCT PORTFOLIO

TABLE # 50 PATCO TECH RECENT ACTIVITIES

TABLE # 51 MECHNO TECH PRODUCT PORTFOLIO

TABLE # 52 MECHNO TECH RECENT ACTIVITIES

FIGURE # 1 NORTH AMERICA MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

FIGURE # 2 US MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

FIGURE # 3 CANADA MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

FIGURE # 4 EUROPEAN MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

FIGURE # 5 UK MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

FIGURE # 6 FRANCE MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

FIGURE # 7 GERMANY MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

FIGURE # 8 ITALY MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

FIGURE # 9 SPAIN MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

FIGURE # 10 ROE MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

FIGURE # 11 ASIA PACIFIC MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

FIGURE # 12 INDIA MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

FIGURE # 13 CHINA MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

FIGURE # 14 JAPAN MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

FIGURE # 15 ROPAC MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)

FIGURE # 16 REST OF THE WORLD MARKET RESEARCH AND ANALYSIS, 2015-2022 ($ MILLION)