Global Economizer Market, By Application (Power Plant, Boiler, HVAC, Refrigeration, and Data Center), By Type (Air Economizer, Fluid Economizer), By End-Use Industry (Industrial, and Commercial) & Geography- Forecast till 2022
Economizers are widely used for recovering energy or energy consumption. Economizers are basically tubular heat transfer surfaces which is used to preheat feed-water of boiler. The major function of economizer is to remove heat from the flue gases, which helps in increasing boiler efficiency. Apart from boiler, economizer is also used in HVAC, Refrigeration, and data centers for cooling purpose through outside air.
Economizers, due to its energy consumption properties widely used in boiler application which includes power plant, and industrial boiler. In HVAC, Economizers are used to cool internal environment by using outside air (OSA). Economizer in Refrigeration used to reduces electricity consumption by reducing the refrigeration compressor run time.
The types of economizers includes air type economizers and fluid economizer. Airside economizers, to prevent facility from overheating pulls cooler outside air directly. Fluid Economizers are majorly used in boiler application to steam fluid and recover energy.
The report covers application areas such as power plant, boiler, HVAC, data center, refrigeration. The market is projected to grow at a CAGR of XX.X% during 2017-2022.
The Economizer market is expected to grow in Asia-Pacific and North America due to presence of largest market for power plant and industrial boiler. At the same time commercial industries such as HVAC and data centers are also high in developing economies.
This market research study provides a detailed qualitative and quantitative analysis of the global economizer market. Various secondary sources, such as encyclopedia, directories, industry journals, and databases are used to identify and collect information useful for this extensive commercial study of the economizer market. The primary sources include experts from related industries and suppliers who have been interviewed to obtain and verify critical information as well as to assess the future prospects of the market.
Competitive scenarios of the top players in the economizer market have been discussed in detail. Leading players of this industry with their recent developments and other strategic industry activities are also covered in the report. Companies, such as Schneider Electric (Paris), Johnson Controls International plc (Ireland), Thermax Ltd. (India), Alfa Laval AB (Sweden), Babcock & Wilcox Enterprises Inc. (U.S.), Belimo Holdings AG (Switzerland), STULZ Air Technology System, Inc. (U.S.), SECESPOL sp. z.o.o (Poland), Cain Industries (U.S.), SAACKE GmbH (Germany), Honeywell International Inc. (U.S.), Cleaver-Brooks (U.S.), and Others.
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