Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Economizer Market by Type (Fluid Economizers, Air-side Economizers), By Application (Industrial, Commercial) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Economizer Market by Type (Fluid Economizers, Air-side Economizers), By Application (Industrial, Commercial) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 188494 3300 Machinery & Equipment 377 250 Pages 4.8 (49)
                                          

Market Overview:


The global economizer market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient equipment and rising awareness about the benefits of economizers. The fluid economizers segment is expected to dominate the global economizer market, owing to their high efficiency and low operating costs.


Global Economizer Industry Outlook


Product Definition:


An economizer is a device used to increase the efficiency of a boiler by preheating the feed water or cooling the flue gases.


Fluid Economizers:


Fluid economizers are used to reduce the vapor pressure of a liquid in an enclosed space. They can be used for various applications including refrigeration, heat transfer, and energy storage industries. The global market is expected to witness significant growth over the forecast period owing to increasing demand from various end-use industries such as power generation, oil & gas processing industry and petrochemical industry among others.


Air-side Economizers:


An air-side economizer is a heat exchanger used to cool the gas stream before it passes through the compression stage. The product works as an energy conserving device by reducing the enthalpy of gas and thus helps in increasing overall efficiency of a gas turbine.


Application Insights:


The industrial application segment dominated the global market in 2017. The segment is expected to witness significant growth over the forecast period owing to rising demand for energy-efficient solutions that can reduce electricity costs by up to 30%. Furthermore, these devices help in reducing greenhouse gas emissions by up to 90% when compared with conventional systems.


The commercial sector includes healthcare facilities, educational institutions and hotels/restaurants. These applications require a high air flow rate as compared with other applications as they have higher heat loads and space constraints. Commercial buildings require large amounts of cooling water during summer months due largely to increased usage of electronic equipment and air conditioning systems for space conditioning purposes.


Regional Analysis:


Europe dominated the global market in terms of revenue with a share of over 30.0% in 2017. This is attributed to the presence of key manufacturers such as Honeywell International Inc., and Emerson Electric Co., Ltd, along with numerous OEMs that are present across this region. The growth can also be attributed to various government initiatives undertaken for energy-efficient technologies, which has resulted in increased demand for economizers across commercial and industrial sectors.


Asia Pacific is expected to witness significant growth over the forecast period owing to increasing awareness regarding energy conservation among end-users coupled with rising regulatory mandates pertaining to carbon emissions from industrial sources, especially thermal sources such as boilers and furnaces used for heating or cooling purposes.


Growth Factors:


  • Increasing demand for energy efficiency in buildings
  • Government initiatives and regulations for energy conservation
  • Rising awareness about the benefits of economizers among consumers and builders/architects
  • Technological advancements that have led to the development of more efficient economizer systems
  • Growing popularity of green buildings

Scope Of The Report

Report Attributes

Report Details

Report Title

Economizer Market Research Report

By Type

Fluid Economizers, Air-side Economizers

By Application

Industrial, Commercial

By Companies

Honeywell International Inc. , Schneider Electric Se , Johnson Controls International PLC , Alfa Laval AB , Thermax Limited , Babcock & Wilcox Enterprises, Inc. , Belimo Holding AG , Stulz Air Technology Systems, Inc. , Secespol Sp. Z O.O. , Cain Industries , Saacke GmbH , Cleaver-Brooks, Inc. 

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

250

Number of Tables & Figures

175

Customization Available

Yes, the report can be customized as per your need.


Global Economizer Market Report Segments:

The global Economizer market is segmented on the basis of:

Types

Fluid Economizers, Air-side Economizers

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Industrial, Commercial

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Honeywell International Inc. 
  2. Schneider Electric Se 
  3. Johnson Controls International PLC 
  4. Alfa Laval AB 
  5. Thermax Limited 
  6. Babcock & Wilcox Enterprises, Inc. 
  7. Belimo Holding AG 
  8. Stulz Air Technology Systems, Inc. 
  9. Secespol Sp. Z O.O. 
  10. Cain Industries 
  11. Saacke GmbH 
  12. Cleaver-Brooks, Inc. 

Global Economizer Market Overview


Highlights of The Economizer Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Fluid Economizers
    2. Air-side Economizers
  1. By Application:

    1. Industrial
    2. Commercial
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Economizer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Economizer Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


An economizer is a device used in the home to reduce energy consumption. It is typically used to lower the temperature of air or water.

Some of the key players operating in the economizer market are Honeywell International Inc.‚ , Schneider Electric Se‚ , Johnson Controls International PLC‚ , Alfa Laval AB‚ , Thermax Limited‚ , Babcock & Wilcox Enterprises, Inc.‚ , Belimo Holding AG‚ , Stulz Air Technology Systems, Inc.‚ , Secespol Sp. Z O.O.‚ , Cain Industries‚ , Saacke GmbH‚ , Cleaver-Brooks, Inc.‚ .

The economizer market is expected to grow at a compound annual growth rate of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Economizer Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Economizer Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Economizer Market - Supply Chain
   4.5. Global Economizer Market Forecast
      4.5.1. Economizer Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Economizer Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Economizer Market Absolute $ Opportunity

5. Global Economizer Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Economizer Market Size and Volume Forecast by Type
      5.3.1. Fluid Economizers
      5.3.2. Air-side Economizers
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Economizer Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Economizer Market Size and Volume Forecast by Application
      6.3.1. Industrial
      6.3.2. Commercial
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Economizer Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Economizer Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Economizer Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Economizer Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Economizer Demand Share Forecast, 2019-2026

9. North America Economizer Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Economizer Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Economizer Market Size and Volume Forecast by Application
      9.4.1. Industrial
      9.4.2. Commercial
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Economizer Market Size and Volume Forecast by Type
      9.7.1. Fluid Economizers
      9.7.2. Air-side Economizers
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Economizer Demand Share Forecast, 2019-2026

10. Latin America Economizer Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Economizer Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Economizer Market Size and Volume Forecast by Application
      10.4.1. Industrial
      10.4.2. Commercial
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Economizer Market Size and Volume Forecast by Type
      10.7.1. Fluid Economizers
      10.7.2. Air-side Economizers
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Economizer Demand Share Forecast, 2019-2026

11. Europe Economizer Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Economizer Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Economizer Market Size and Volume Forecast by Application
      11.4.1. Industrial
      11.4.2. Commercial
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Economizer Market Size and Volume Forecast by Type
      11.7.1. Fluid Economizers
      11.7.2. Air-side Economizers
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
  11.11. Europe Economizer Demand Share, 2019-2026

12. Asia Pacific Economizer Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Economizer Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Economizer Market Size and Volume Forecast by Application
      12.4.1. Industrial
      12.4.2. Commercial
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Economizer Market Size and Volume Forecast by Type
      12.7.1. Fluid Economizers
      12.7.2. Air-side Economizers
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Economizer Demand Share, 2019-2026

13. Middle East & Africa Economizer Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Economizer Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Economizer Market Size and Volume Forecast by Application
      13.4.1. Industrial
      13.4.2. Commercial
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Economizer Market Size and Volume Forecast by Type
      13.7.1. Fluid Economizers
      13.7.2. Air-side Economizers
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Economizer Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Economizer Market: Market Share Analysis
   14.2. Economizer Distributors and Customers
   14.3. Economizer Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Honeywell International Inc. 
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Schneider Electric Se 
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Johnson Controls International PLC 
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Alfa Laval AB 
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Thermax Limited 
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Babcock & Wilcox Enterprises, Inc. 
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Belimo Holding AG 
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Stulz Air Technology Systems, Inc. 
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Secespol Sp. Z O.O. 
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Cain Industries 
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Saacke GmbH 
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Cleaver-Brooks, Inc. 
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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