Economizer Market Trends, Size, Forecast - 2017-2022


Posted July 1, 2020 by pooja1919

The global Economizer market is anticipated to grow at the CAGR of 7% during 2017-2022.

 
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.

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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.

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Economizer Market segmentation

By type

Fluid economizer

Air side economizer

By applications

Power plants

Hvac

Boilers

Data centers

Refrigerations

By end use industry

Industrial

Commercial

Competitive landscape

Key strategies

Key company analysis

Regional analysis

North america

United states

Canada

Rest of north america

Europe

United kingdom

France

Germany

Italy

Spain

Rest of europe

Asia pacific

India

China

Japan

Rest of the world

Company profiles

Alfa laval

Introduction

Alfa laval product portfolio

Alfa laval recent activities

Babcock & wilcox enterprises, inc.

Introduction

Babcock and wilcox product portfolio

Babcock and wilcox recent activities

Belimo holding ag

Introduction

Belimo holding product portfolio

Belimo holding recent activities

Cain industries

Introduction

Cain industries product portfolio

Cain industries recent activities

Cleaver-brooks, inc

Introduction

Cleaver-brooks product portfolio

Cleaver-brooks recent activities

Honeywell international inc.

Introduction

Honeywell international product portfolio

Honeywell international recent activities

Johnson controls international plc

Introduction

Johnson controls international product portfolio

Johnson controls international recent activities

Saacke gmbh

Introduction

Saacke gmbh product portfolio

Saacke gmbh recent activities

Schneider electric se

Introduction

Schneider electric se product portfolio

Schneider electric se recent activities

Secespol sp. Z o.o.

Introduction

Secespol sp.zo.o. Product portfolio

Secespol sp.zo.o. Recent activities

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Issued By Mr. Anurag Tiwari
Country India
Categories Business
Last Updated July 1, 2020