Press release
Economizer Market Size, Share, Analysis, Growth Insight, and Future Forecast - 2031
Economizer Market
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The growth of the economizer market is propelled by heightened public awareness of fuel consumption and energy conservation. There is increasing demand for economizers in power plants to reduce energy usage and their versatile applications as heat exchangers further propel industry expansion. A significant increase in global energy consumption and electricity demand has resulted in increased power plant size, further boosting market growth.
Asia-Pacific is expected to grow substantially during the forecast period. The growth is majorly attributed to the growing adoption of economizers in power plants, air conditioning, heating, boilers, and ventilation. In addition, the increase in the number of power plant projects and waste heat recovery projects in the region is also expected to propel the growth of the Asia-Pacific economizer market shortly. The development of existing power plants and increasing government initiatives for harnessing renewable energy in economics such as India and China, is also propelling regional market growth.
Full report of Economizer Market available @ https://www.omrglobal.com/industry-reports/economizer-market-size
Recent Development
In November 2023, Auramarine Ltd., the fuel supply system company for the marine, process, and power industries launched its new Auramarine Fuel Economizer (AFE) solutions. The AFE enables ship owners and operators to proactively analyze and identify where fuel consumption and emissions can be reduced, delivering savings of between 5.0% and 20.0%.
Market Coverage
The market number available for 2023-2031
Base year: 2023
Forecast period: 2024-2031
Segment Covered-
o By Type
o By Application
o By End-User
Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape: Alfa Laval Corporate AB, Carrier Global Corp., Daikin Industries Ltd., Honeywell International Inc., and Johnson Controls International PLC among others.
Key questions addressed by the report
What is the market's growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?
Global Economizer Market Report Segment
By Type
Fluid Economizer
Air Side Economizer
By Application
Power Plants
HVAC
Boilers
Refrigeration
Others (Data Centers)
By End-User
Industrial
Commercial
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/economizer-market-size
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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