Press release
Automatic Tube Cleaning System Market to Reach US$ 158.18 million, Globally, by 2028 at 4.74% CAGR: The Insight Partners
According to our latest market study on "Automatic Tube Cleaning System Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type (Automatic Ball Tube Cleaning System and Automatic Brush Tube Cleaning System) and Industry (Power Generation, Oil & Gas, Commercial Space, Hospitality, and Others)," the market was valued at US$ 110.08 million in 2020 and is expected to reach US$ 158.18 million by 2028, it is anticipated to grow at a CAGR of 4.74% during the forecast period 2021-2028.In terms of geography, the global automatic tube cleaning system market was dominated by APAC in 2020. Major factors driving the market growth in APAC are the growing need for energy savings and improved operating efficiency in refineries and commercial spaces. The growth of the power and utility sector in APAC has been accelerated by the development of the economies such as China and India, and the high disposable income of the population in countries such as South Korea and Japan.
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Controlling biofilm growth and scale deposition on the internal tubes of the condenser heat exchange surface is essential for a water-cooled HVAC chiller's efficient operation. Fouling in the systems reduces heat transfer efficiency, increases chiller workload and energy usage, and can even cause device failure. Installing an automatic tube cleaning system (ATCS) prevents these clogs.
The system reduces fouling and improves the system performance. The contact area ensures that the cleaning projectiles and the inner wall of the tube are in continuous physical contact. Many businesses are turning their attention toward the ATCS, which allows them to monitor the efficiency of their HVAC systems, as well as the physical and efficiency degradation of sponge balls, thereby allowing them to gain a better understanding of the system's effectiveness in removing fouling deposits.
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This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2021 to 2028.
Global Automatic Tube Cleaning System Market: Competitive Landscape: Balltech Energy Ltd, ECOMAX SOLUTIONS PVT. LTD., HydroBall Technics, TAPROGGE GmbH, and Watco Group are among the key players that are profiled during the study of the global automatic tube cleaning system market. In addition, several other essential market players have also been studied and analyzed to get the holistic view of the market and its ecosystem.
The COVID-19 outbreak has severely disrupted the supply chain and manufacturing of industrial equipment. The outbreak across the globe led to lockdown scenarios. This has led the industry experts to analyze that the industry would face up to a quarter of lag in industrial equipment supply chain. This disruption is expected to create tremors through 2020 till mid-2021. The manufacturing industry is likely to pick up pace sooner as governments across the globe lifted the various containment measure steadily to revive the economy. The production of the industrial equipment is anticipated to gain pace from 2021, which is further foreseen to positively influence the industrial equipment manufacturing including automatic tube cleaning system.
Major Key Points of Automatic Tube Cleaning System Market
• Automatic Tube Cleaning System Market Overview
• Automatic Tube Cleaning System Market Competition
• Automatic Tube Cleaning System Market, Revenue and Price Trend
• Automatic Tube Cleaning System Market Analysis by Application
• Company Profiles and Key Figures in Automatic Tube Cleaning System Market
• Market Dynamics
• Methodology and Data Source
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The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.
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