Economizer Market Outlook, Size, Share, Industry Trends, Growth and Business Opportunities
Economizer Market Overview
The economizer market was valued at USD 7.70 Billion in 2016 and projected to reach USD 11.54 Billion by 2022, at a CAGR of 6.7% from 2017 to 2022. The study report considers the present scenario of the market and its market dynamics like market size, share, growth, upcoming trends, demand, expert reviews & Forecast. The Economizer Market report includes analysis of the market from different perspectives such as industry-wise, internationally as well as globally.
Economizer Market Key Players
- Schneider Electric SE (France)
- Johnson Controls International plc (US)
- Alfa Laval AB (Sweden)
- Babcock & Wilcox Enterprises, Inc., (US)
- Honeywell International Inc. (US)
- Thermax Limited (India)
- Cleaver-Brooks, Inc. (US)
- SAACKE GmbH (Germany)
- SECESPOL Sp. z o.o. (Poland)
- STULZ Air Technology Systems, Inc. (US)
- Kelvion Holding GmbH (Germany)
- BELIMO Holding AG (Switzerland)
- Cain Industries (US)
- Sofame Technologies Inc. (Canada)
- Cannon Boiler Works (US)
- Shandong Hengtao Group (China)
- MicroMetl Corporation (US).
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Acquisitions, contracts, expansions, and collaborations are major growth strategies adopted by leading companies in the economizer market. These companies are also investing in R&D activities to strengthen their product portfolio and enhance their presence in the economizer market.
Schneider Electric SE is a global specialist in energy management and automation solutions. The company was founded in 1836 and is headquartered in Rueil-Malmaison (France). It operates through 4 business segments, namely, building, industry, infrastructure, and information technology. Schneider Electric SE offers energy saving products under its critical power, cooling, and racks segment. The company focuses on sustainable development and has a broad product portfolio, along with a wide industry coverage. The company also specializes in industrial software design, process & machines management, security management, power management, industrial automation and control, IT room management, simulation and optimization, building management, and safety systems and instrumentation. Schneider Electric SE offers EcoBreeze air economizer products.
Johnson Controls International plc, another key player in the economizer market, was founded in 1885 and is headquartered in Cork (Ireland). In 2016, the company changed its name from Johnson Controls, Inc. to Johnson Controls International plc. The company is engaged in the manufacturing and marketing of building management systems; Heating, Ventilating, and Air Conditioning (HVAC) systems; residential air conditioning and heating systems; security and mechanical equipment; and industrial refrigeration products. It engages in the production and supply of economizer products worldwide.
Johnson Controls International plc adopted inorganic growth strategies, such as mergers, to strengthen its foothold in the economizer market. For instance, in September 2016, the company merged with Tyco (Ireland) to provide building efficiency solutions for commercial buildings, large institutions, retail, and industrial markets.
Economizer Market Segmentation
Economizer Market, by End-use Industry:
- Industrial
- Commercial
Economizer Market, by Type:
- Fluid Economizers
- Air-side Economizers
Economizer Market, by Application:
- Power Plants
- Boilers
- HVAC
- Refrigeration
- Data Centers
Economizer Market, by Region:
- Asia Pacific
- Europe
- North America
- Middle East & Africa
- South America
Key Target Audience
- Manufacturers of Economizers
- Traders, Distributors, and Suppliers of Economizers
- End Users in the Supply Chain of Economizers
- Government and Consulting Organizations
- Regulatory Institutions
- Investment Banks and Private Equity Firms
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Table of Contents:
- Executive Summary
- Scope/opportunities of the Economizer Market Report
- Research Methodology
- Economizer Market Landscape
- SWOT Analysis
- Market Sizing
- Economizer Market Segmentation
- Customer Landscape
- Regional Landscape
- Business Decision Framework
- Drivers And Challenges
- Economizer Market Key Trends
- Players Landscape
- Players Analysis
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