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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