Economizer Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Among all the end-use industries, the industrial segment is estimated to lead the economizer market. The Asia Pacific economizer market is projected to grow at the highest CAGR for the forecast period. The demand for economizers is predicted to increase during the forecast period because of their increased use in various applications such as boilers, power plants, heating, and ventilation along with air conditioning (HVAC).
MARKET DYNAMICS
The rising demand for economizers across the world can be attributed to the increasing use of economizers for various applications in commercial as well as industrial sectors. Moreover, many countries are willingly investing in clean energy resources to fulfil the growing demand for energy, thus enhancing the growth of the economizer market globally.
MARKET SCOPE
The "Global Economizer Market Analysis to 2031" is a specialized and in-depth study of the economizer market with a special focus on the global market trend analysis. The report aims to provide an overview of economizer market with detailed market segmentation by type, application and geography. The global economizer market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading economizer market players and offers key trends and opportunities in the economizer market.
MARKET SEGMENTATION
The global economizer market is segmented on the basis of type and application. On the basis of type, the market is segmented as fluid economizers and air-side economizers. On the basis of application, the market is segmented as power plant, boiler, HVAC, refrigeration and data centers.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global economizer market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The economizer market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report also includes the profiles affecting economizer market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the economizer market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global economizer market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The economizer market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report also includes the profiles affecting economizer market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the economizer market in these regions.
MARKET PLAYERS
The reports cover key developments in the economizer market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from economizer market are anticipated to lucrative growth opportunities in the future with the rising demand for economizer market. Below mentioned is the list of few companies engaged in the economizer market.
The report also includes the profiles of key economizer market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ALFA LAVAL
- Babcock & Wilcox Enterprises, Inc.
- Cleaver-Brooks.
- Honeywell International Inc.
- Johnson Controls.
- SAACKE GmbH
- Schneider Electric
- SECESPOL Sp. z o.o.
- STULZ Air Technology Systems, Inc.
- Thermax Limited
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Economizer Market - By Type
1.3.2 Economizer Market - By Application
1.3.3 Economizer Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ECONOMIZER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. ECONOMIZER MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ECONOMIZER MARKET - GLOBAL MARKET ANALYSIS
6.1. ECONOMIZER - GLOBAL MARKET OVERVIEW
6.2. ECONOMIZER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ECONOMIZER MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. FLUID ECONOMIZER
7.3.1. Overview
7.3.2. Fluid Economizer Market Forecast and Analysis
7.4. AIR-SIDE ECONOMIZER
7.4.1. Overview
7.4.2. Air-side Economizer Market Forecast and Analysis
8. ECONOMIZER MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. POWER PLANT
8.3.1. Overview
8.3.2. Power Plant Market Forecast and Analysis
8.4. BOILER
8.4.1. Overview
8.4.2. Boiler Market Forecast and Analysis
8.5. HVAC
8.5.1. Overview
8.5.2. HVAC Market Forecast and Analysis
8.6. REFRIGERATION
8.6.1. Overview
8.6.2. Refrigeration Market Forecast and Analysis
8.7. DATA CENTER
8.7.1. Overview
8.7.2. Data Center Market Forecast and Analysis
9. ECONOMIZER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Economizer Market Overview
9.1.2 North America Economizer Market Forecasts and Analysis
9.1.3 North America Economizer Market Forecasts and Analysis - By Type
9.1.4 North America Economizer Market Forecasts and Analysis - By Application
9.1.5 North America Economizer Market Forecasts and Analysis - By Countries
9.1.5.1 United States Economizer Market
9.1.5.1.1 United States Economizer Market by Type
9.1.5.1.2 United States Economizer Market by Application
9.1.5.2 Canada Economizer Market
9.1.5.2.1 Canada Economizer Market by Type
9.1.5.2.2 Canada Economizer Market by Application
9.1.5.3 Mexico Economizer Market
9.1.5.3.1 Mexico Economizer Market by Type
9.1.5.3.2 Mexico Economizer Market by Application
9.2. EUROPE
9.2.1 Europe Economizer Market Overview
9.2.2 Europe Economizer Market Forecasts and Analysis
9.2.3 Europe Economizer Market Forecasts and Analysis - By Type
9.2.4 Europe Economizer Market Forecasts and Analysis - By Application
9.2.5 Europe Economizer Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Economizer Market
9.2.5.1.1 Germany Economizer Market by Type
9.2.5.1.2 Germany Economizer Market by Application
9.2.5.2 France Economizer Market
9.2.5.2.1 France Economizer Market by Type
9.2.5.2.2 France Economizer Market by Application
9.2.5.3 Italy Economizer Market
9.2.5.3.1 Italy Economizer Market by Type
9.2.5.3.2 Italy Economizer Market by Application
9.2.5.4 United Kingdom Economizer Market
9.2.5.4.1 United Kingdom Economizer Market by Type
9.2.5.4.2 United Kingdom Economizer Market by Application
9.2.5.5 Russia Economizer Market
9.2.5.5.1 Russia Economizer Market by Type
9.2.5.5.2 Russia Economizer Market by Application
9.2.5.6 Rest of Europe Economizer Market
9.2.5.6.1 Rest of Europe Economizer Market by Type
9.2.5.6.2 Rest of Europe Economizer Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Economizer Market Overview
9.3.2 Asia-Pacific Economizer Market Forecasts and Analysis
9.3.3 Asia-Pacific Economizer Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Economizer Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Economizer Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Economizer Market
9.3.5.1.1 Australia Economizer Market by Type
9.3.5.1.2 Australia Economizer Market by Application
9.3.5.2 China Economizer Market
9.3.5.2.1 China Economizer Market by Type
9.3.5.2.2 China Economizer Market by Application
9.3.5.3 India Economizer Market
9.3.5.3.1 India Economizer Market by Type
9.3.5.3.2 India Economizer Market by Application
9.3.5.4 Japan Economizer Market
9.3.5.4.1 Japan Economizer Market by Type
9.3.5.4.2 Japan Economizer Market by Application
9.3.5.5 South Korea Economizer Market
9.3.5.5.1 South Korea Economizer Market by Type
9.3.5.5.2 South Korea Economizer Market by Application
9.3.5.6 Rest of Asia-Pacific Economizer Market
9.3.5.6.1 Rest of Asia-Pacific Economizer Market by Type
9.3.5.6.2 Rest of Asia-Pacific Economizer Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Economizer Market Overview
9.4.2 Middle East and Africa Economizer Market Forecasts and Analysis
9.4.3 Middle East and Africa Economizer Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Economizer Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Economizer Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Economizer Market
9.4.5.1.1 South Africa Economizer Market by Type
9.4.5.1.2 South Africa Economizer Market by Application
9.4.5.2 Saudi Arabia Economizer Market
9.4.5.2.1 Saudi Arabia Economizer Market by Type
9.4.5.2.2 Saudi Arabia Economizer Market by Application
9.4.5.3 U.A.E Economizer Market
9.4.5.3.1 U.A.E Economizer Market by Type
9.4.5.3.2 U.A.E Economizer Market by Application
9.4.5.4 Rest of Middle East and Africa Economizer Market
9.4.5.4.1 Rest of Middle East and Africa Economizer Market by Type
9.4.5.4.2 Rest of Middle East and Africa Economizer Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Economizer Market Overview
9.5.2 South and Central America Economizer Market Forecasts and Analysis
9.5.3 South and Central America Economizer Market Forecasts and Analysis - By Type
9.5.4 South and Central America Economizer Market Forecasts and Analysis - By Application
9.5.5 South and Central America Economizer Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Economizer Market
9.5.5.1.1 Brazil Economizer Market by Type
9.5.5.1.2 Brazil Economizer Market by Application
9.5.5.2 Argentina Economizer Market
9.5.5.2.1 Argentina Economizer Market by Type
9.5.5.2.2 Argentina Economizer Market by Application
9.5.5.3 Rest of South and Central America Economizer Market
9.5.5.3.1 Rest of South and Central America Economizer Market by Type
9.5.5.3.2 Rest of South and Central America Economizer Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ECONOMIZER MARKET, KEY COMPANY PROFILES
11.1. ALFA LAVAL
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BABCOCK AND WILCOX ENTERPRISES, INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CLEAVER-BROOKS.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HONEYWELL INTERNATIONAL INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. JOHNSON CONTROLS.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. SAACKE GMBH
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SCHNEIDER ELECTRIC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SECESPOL SP. Z O.O.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. STULZ AIR TECHNOLOGY SYSTEMS, INC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THERMAX LIMITED
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. ALFA LAVAL
2. Babcock and Wilcox Enterprises, Inc.
3. Cleaver-Brooks.
4. Honeywell International Inc.
5. Johnson Controls.
6. SAACKE GmbH
7. Schneider Electric
8. SECESPOL Sp. z o.o.
9. STULZ Air Technology Systems, Inc.
10. Thermax Limited
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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