Product Launch (Blog)

Jul, 27 2023

Government Regulation Aims To Reduce Fuel Consumption and Ensure Energy Conservation

The need for renewable energy is growing, economizer usage is increasing due to the expanding construction sector, and environmental concerns are spreading. As a result of increasing environmental concerns, the number of government regulations aimed at lowering fuel consumption and ensuring energy conservation has increased. These are a few of the major driving forces behind the prosperous opportunities for the economizer market's expansion. The rising demand for economizers in end-user industries such as construction and power generation in emerging economies with growing urbanization and industrialization is a significant factor fueling the growth of the economizer market during the forecast period.

According to Data Bridge Market Research, the Economizer Market is expected to undergo a CAGR of 6.60% during the forecast period of 2022-2029. This indicates that the market value, which was USD 10.60 billion in 2021, is expected to rise to USD 17.68 billion by 2029.

“Energy efficiency requirements surge market demand"

The increasing focus on energy efficiency in industries and commercial buildings drives the adoption of economizers. With growing awareness and regulations regarding energy conservation, economizers play a crucial role in reducing energy consumption. Utilizing waste heat or outdoor air for cooling, economizers improve overall energy efficiency and help organizations reduce their operational costs. This drives the demand for economizers as businesses strive to meet energy efficiency requirements and optimize their energy usage for a sustainable and cost-effective operation.

What restraints the growth of the economizer market?

“Complexity of integration can impede the market growth”

Integrating economizers into existing HVAC systems can be a complex process involving careful design, installation, and calibration. The compatibility between the economizer and the existing system needs to be assessed, and modifications may be required. This complexity poses challenges for implementation, as it may require additional expertise or technical support. The need for specialized knowledge and potential delays in the integration process can increase economizers' costs and implementation time.

Segmentation: Global Economizer Market  

The economizer market is segmented on the basis of product type, application, boiling efficiency, sales channel, and end user.

  • On the basis of product type, the economizer market is segmented into fluid or water side economizer, air side economizer.
  • On the basis of application, boilers, industrial and commercial refrigeration systems, power generation systems, data center processing, HVAC systems, others.
  • On the basis of boiling efficiency, the economizer market is segmented into condensing, non-condensing.
  • 根據銷售管道,節油器市場分為 OEM 和售後市場。
  • 根據最終用戶,節能器市場分為工業和商業。

區域洞察:亞太地區主導全球節能器市場 

亞太地區在節能器市場的主導地位可歸因於多種因素。在基礎設施建設和城市化的推動下,該地區建築業蓬勃發展,對暖通空調系統(包括節能器)的需求龐大。此外,亞太地區的快速工業化導致工業部門的能源消耗增加,因此需要節能器等節能解決方案。這些因素,加上政府的積極舉措和日益增強的節能意識,促成了亞太地區在節能器市場中佔據主導地位。

要了解有關該研究的更多信息,請訪問https://www.databridgemarketresearch.com/reports/global-economizer-market

全球節能器市場的主要參與者包括:

  • 霍尼韋爾國際公司(美國)
  • 施耐德電機(法國)
  • 江森自控(愛爾蘭)
  • 阿法拉伐(瑞典)
  • Thermax有限公司(印度)
  • Babcock & Wilcox Enterprises Inc(美國)
  • Belimo Holding AG(瑞士)
  • Stulz Air Technology Systems, Inc(美國)
  • SECESPOL Sp. z oo(波蘭)
  • 凱恩工業公司(美國)
  • Saacke GMBH(德國)
  • 克利弗-布魯克斯(美國)
  • Kelvion Holding GmbH(德國)
  • Sofame Technologies(加拿大)
  • 坎農鍋爐廠(美國)
  • 山東恆濤節能環保有限公司 (中國)
  • MicroMetl 公司(美國)

以上是報告中涉及的關鍵參與者,要了解更多全球節能器市場公司聯絡方式的詳盡列表,請訪問 https://www.databridgemarketresearch.com/contact

研究方法:全球節能器市場  

資料收集和基準年分析是使用具有大樣本量的資料收集模組完成的。使用市場統計和相干模型來分析和估計市場數據。此外,市場佔有率分析和關鍵趨勢分析是市場報告中的主要成功因素。 DBMR 研究團隊使用的關鍵研究方法是資料三角測量,其中涉及資料探勘、資料變數對市場的影響分析以及初步(產業專家)驗證。除此之外,資料模型還包括供應商定位網格、市場時間軸分析、市場概覽和指南、公司定位網格、公司市場份額分析、測量標準、全球與區域和供應商份額分析。如有進一步疑問,請要求分析師致電。


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