Global Economizers Market Research Report 2021

With the growing regulations and restrictions pertaining to energy conservation and reduction of fuel consumption, global economizers market is expected to create significant growth opportunities for industry incumbents during the forecast period. An economizer is a mechanical device which acts as a heat exchanger by preheating the feed water to improve the efficiency of the process. Economizers utilize residual heat from combustion products i.e. fuel gases, thereby improving thermal efficiency of the process as the process then requires relatively lesser fuel for the pre-heating the water in order to produce steam. Thus, economizers help in fuel saving and economizing the process and hence are referred to as economizers. Economizers offer numerous benefits, such as waste heat recovery and reduction of carbon emissions. These economizers also help in cooling gases in power plants prior to desulphurization. Thus, economizers help in cost reduction and water conservation. Improved and more efficient economizers are being developed to further improve the efficiency of the process.
Increasing government regulations aiming to minimize fuel consumption and to ensure energy conservation have led to the growth of the global economizers market over the recent past. Reportedly, use of economizers enhances the fuel economy by around 5-7%. They also help in achieving a general reduction in cost and improved operational efficiency. Moreover, the rapid growth in the end use industries, such as construction, power generation, especially in the developing regions with rising urbanization and industrialization, is another major factor driving the growth of the market.

Market Analysis and Insights: Global Economizers Market
The global Economizers market was valued at US$ XX million in 2019 and it is expected to reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.

Global Economizers Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Economizers Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Fluid/ Water Side Economizer
Air Side Economizer

Segment by Application
Construction
Power Generation
Others

By Company
Johnson Controls
Honeywell International
Thermax
SAACKE
Alfa Laval
Cleaver-Brooks
SECESPOL
Sofame Technologies
Kelvion Holding
Clyde Bergemann Australia
Siemens

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E