The economizer market is expected to reach USD 14.80 billion by 2028, growing at a CAGR of 6% from 2022 to 2028. Economizers recycle the energy generated in a system or take advantage of temperature differences in the environment to increase efficiency. Economizers are most commonly used at night, when the outdoor air is colder than the indoor air, a process called “free cooling”. The economizers mix enough outside air with the inside air to meet the thermostat set point without using the compressor. The fresh air brought by the economizers while they save cooling energy at night can be considered ventilation. Non-condensing economizers and condensing economizers are the two most common types of economizers. Economizers are still used in modern boilers, such as those of coal-fired power plants. The economizer was used to reduce the temperature of the external environment in order to preserve the hardware in an environmentally friendly computer environment. In data centers, economizers are used to replace cooling devices such as computer room air conditioners. They reduce the cost of running data centers.
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Company Profile
- Honeywell International Inc.
- Schneider Electric
- ALFA LAVAL
- Johnson Controls International PLC
- BELIMO AIRCONTROLS (USA)
Market Segmentation
By Type:
- Fluid Economizers
- Air-side Economizers
By Application:
- Power Plants
- Boilers
- HVAC
- Refrigeration
- Data Centers
Scope of the Report
The research study analyzes the Economizer Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Economizer Market Report
- What was the Economizer Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Economizer Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Economizer Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Economizer market.
- The market share of the Economizer market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Economizer market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Economizer market.
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