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Economizer Market by Type (Fluid Economizers and Air-side Economizers), Application (Power Plants, Boilers, HVAC, Refrigeration, and Data Centers), End-use Industry (Industrial and Commercial), Region - Global Forecast to 2022

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Date: 07-Aug-2017
No. of pages: 133
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“The economizer market is projected to reach USD 11.54 billion by 2022, at a CAGR of 6.7 between 2017 and 2022.”

The economizer market is projected to reach USD 11.54 billion by 2022, at a CAGR of 6.7% from 2017 to 2022. Increasing usage of economizers in various applications such as power generation plants and boilers is driving the growth of the economizer market across the globe. Moreover, the growing construction industry and increasing number of ongoing construction projects, worldwide are also fueling the growth of economizer market. However, increasing CO2 emissions resulting from the combustion operations carried out by power plants are expected to negatively impact the growth of the economizer market across the globe.

“The power plants application segment is projected to lead the economizer market during the forecast period.”

Among applications, the power plants segment is projected to lead the economizer market during the forecast period. Moreover, this application segment of the market is projected to grow at the highest CAGR between 2017 and 2022. The growth of the power plants application segment of the market can be attributed to the increased use of economizers in thermal power plants for boilers. As the demand for energy is increasing rapidly in the emerging economies, it is resulting in the setting up of new power plants. These new power plants require boilers, which, in turn, contribute to the increased use of economizers for these boilers, thereby contributing to the growth of the economizer market.

“The Asia Pacific region is projected to lead the economizer market during the forecast period.”

The Asia Pacific region is estimated to account for the largest share of the economizer market in 2017. It is expected to be followed by the European and North American regions. China is one of the major producers and consumers of economizers in the Asia Pacific region. The Asia Pacific economizer market is projected to grow at the highest CAGR between 2017 and 2022. The rising energy consumption in the Asia Pacific region has resulted in the increased installation of economizers in the region, thereby leading to the growth of the Asia Pacific economizer market.

Breakdown of Primary Interviews

In the process of determining and verifying the market size gathered through secondary research for several segments and subsegments, extensive primary interviews have been conducted with the key industry experts. The break-up of profiles of primary discussion participants has been given below.

Breakdown of the Profiles of Primary Participants:


  • By Company Type: Tier 1 - 35%, Tier 2 - 41%, and Tier 3 - 24%

  • By Designation: C Level - 56%, Director Level - 28%, and Others - 16%

  • By Region: Asia Pacific - 33%, North America - 27%, Europe - 20%, Middle East & Africa - 13%, and South America - 7%


The key companies profiled in this report are 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), and MicroMetl Corporation (US).

Research Coverage:

This report offers an overview of the market trends, drivers, and restraints with respect to the economizer market. It also provides a detailed overview of the market across five regions, namely, Asia Pacific, North America, Europe, Middle East & Africa, and South America. The report categorizes the economizer market on the basis of application, type, and end-use industry. A detailed analysis of the leading players, along with the key growth strategies adopted by them is also covered in the report.

Reasons to Buy the Report:

This report covers the following key aspects:


  • What would be the size of the economizer market by 2022 and what would be the growth rate of the market between 2017 and 2022?

  • What are the key trends for the economizer market?

  • What are the factors expected to drive the growth of the economizer market?

  • What are the restraints for the economizer market?

  • Who are the key players in the economizer market

  • This report covers key regions, such as North America, Europe, and Asia Pacific, including major countries, such as the US, China, Japan, India, Germany, Italy, etc. of these regions.

Economizer Market by Type (Fluid Economizers and Air-side Economizers), Application (Power Plants, Boilers, HVAC, Refrigeration, and Data Centers), End-use Industry (Industrial and Commercial), Region - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered in the Report
1.4 Currency
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions
2.5 Limitations

3 Executive Summary

4 Premium Insights
4.1 Opportunities in the Economizer Market
4.2 Economizer Market, By End-Use Industry
4.3 Economizer Market, By Application and Region
4.4 Economizer Market Growth
4.5 Economizer Market, By Type

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for Clean and Renewable Energy
5.2.1.2 Growing Use of Economizers in HVAC Application Due to Increasing Construction Activities
5.2.2 Restraints
5.2.2.1 CO2 Emissions Resulting From Combustion Operations Carried Out in Power Plants
5.2.3 Opportunities
5.2.3.1 Increasing Awareness Across the Globe to Save Energy and Reduce Fuel Consumption
5.2.4 Challenges
5.2.4.1 Increased R&D Investments for the Development of New and Advanced Economizers
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of Substitutes
5.3.2 Threat of New Entrants
5.3.3 Bargaining Power of Buyers
5.3.4 Bargaining Power of Suppliers
5.3.5 Intensity of Competitive Rivalry
5.4 Microeconomic Indicators
5.5 Coal Plants, By Country

6 Economizer Market, By Type
6.1 Introduction
6.2 Market Size and Projection
6.3 Fluid Economizers
6.4 Air-Side Economizers

7 Economizer Market, By Application
7.1 Introduction
7.2 Market Size and Projection
7.3 Power Plants
7.4 Boilers
7.5 HVAC
7.6 Refrigeration
7.7 Data Centers

8 Economizer Market, By End Use Industry
8.1 Introduction
8.2 Market Size and Projection
8.3 Industrial
8.4 Commercial

9 Regional Analysis
9.1 Introduction
9.2 Asia Pacific
9.2.1 China
9.2.2 India
9.2.3 Japan
9.2.4 Indonesia
9.2.5 South Korea
9.2.6 Australia
9.2.7 Rest of Asia Pacific
9.3 Europe
9.3.1 Germany
9.3.2 Italy
9.3.3 Poland
9.3.4 France
9.3.5 Russia
9.3.6 UK
9.3.7 Spain
9.3.8 Sweden
9.3.9 Rest of Europe
9.4 North America
9.4.1 US
9.4.2 Canada
9.4.3 Mexico
9.5 Middle East & Africa
9.5.1 South Africa
9.5.2 Saudi Arabia
9.5.3 UAE
9.5.4 Others
9.6 South America
9.6.1 Brazil
9.6.2 Colombia
9.6.3 Argentina
9.6.4 Others

10 Competitive Landscape
10.1 Introduction
10.2 Competitive Leadeership Mappping
10.2.1 Visionary Leaders
10.2.2 Innovators
10.2.3 Dynamic Differentiators
10.2.4 Emerging Companies
10.3 Competitive Benchmarking
10.3.1 Strength of Product Portfolio
10.3.2 Business Strategy Excellence
10.4 Market Ranking

11 Company Profiles
(Business Overview, Products Offered, Scorecard of Product Offering, Scorecard of Business Strategy, and New Product Launch)
11.1 Honeywell International Inc.
11.2 Schneider Electric Se
11.3 Johnson Controls International PLC
11.4 Alfa Laval AB
11.5 Thermax Limited
11.6 Babcock & Wilcox Enterprises, Inc.
11.7 Belimo Holding AG
11.8 Stulz Air Technology Systems, Inc.
11.9 Secespol Sp. Z O.O.
11.10 Cain Industries
11.11 Saacke GmbH
11.12 Cleaver-Brooks, Inc.
11.13 Other Companies in the Economizer Market

*Details Might Not Be Captured in Case of Unlisted Companies

12 Appendix
12.1 Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Marketsandmarkets Subscription Portal
12.4 Introducing RT: Real-Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports
12.7 Author Details

List of Tables

Table 1 Economizer Market Snapshot
Table 2 Global Energy Consumption, By Country Grouping, 2012–2040 (Quadrillion Btu)
Table 3 Coal Plants, By Country, January 2017 (Units)
Table 4 Economizer Market Size, By Type, 2015-2022 (USD Million)
Table 5 Fluid Economizers Segment, By Region, 2015-2022 (USD Million)
Table 6 Air-Side Economizers Segment, By Region, 2015-2022 (USD Million)
Table 7 Economizer Market Size, By Application, 2015-2022 (USD Million)
Table 8 Economizer Market in Power Plants, By Region, 2015-2022 (USD Million)
Table 9 Economizer Market in Boilers, By Region, 2015-2022 (USD Million)
Table 10 Economizer Market in HVAC, By Region, 2015-2022 (USD Million)
Table 11 Economizer Market in Refrigeration, By Region, 2015-2022 (USD Million)
Table 12 Economizer Market in Data Centers, By Region, 2015-2022 (USD Million)
Table 13 Economizer Market Size, By End Use Industry, 2014-2021 (USD Million)
Table 14 Economizer Market for Industrial, By Region, 2015-2022 (USD Million)
Table 15 Economizer Market for Commercial, By Region, 2015-2022 (USD Billion)
Table 16 Economizer Market, By Region, 2015-2022 (USD Million)
Table 17 Asia Pacific: Economizer Market, By Country, 2015-2022 (USD Million)
Table 18 Asia Pacific: Economizer Market, By Type, 2015-2022 (USD Million)
Table 19 Asia Pacific: Economizer Market, By End User, 2015-2022 (Million Tons)
Table 20 Asia Pacific: Economizer Market, By Application, 2015-2022 (USD Million)
Table 21 China: Economizer Market, By Application, 2015-2022 (USD Million)
Table 22 India: Economizer Market, By Application, 2015-2022 (USD Million)
Table 23 Japan: Economizer Market, By Application, 2015-2022 (USD Million)
Table 24 Indonesia: Economizer Market, By Application, 2015-2022 (USD Million)
Table 25 South Korea: Economizer Market, By Application, 2015-2022 (USD Million)
Table 26 Australia: Economizer Market, By Application, 2015-2022 (USD Million)
Table 27 Rest of Asia Pacific: Economizer Market, By Application, 2015-2022 (USD Million)
Table 28 Europe: Economizer Market, By Country, 2015-2022 (USD Million)
Table 29 Europe: Economizer Market, By Type, 2015-2022 (USD Million)
Table 30 Europe: Economizer Market, By End Use Industry, 2015-2022 (USD Million)
Table 31 Europe: Economizer Market, By Application, 2015-2022 (USD Million)
Table 32 Germany: Economizer Market, By Application, 2015-2022 (USD Million)
Table 33 Italy: Economizer Market, By Application, 2015-2022 (USD Million)
Table 34 Poland: Economizer Market, By Application, 2015-2022 (USD Million)
Table 35 France: Economizer Market, By Application, 2015-2022 (USD Million)
Table 36 Russia: Economizer Market, By Application, 2015-2022 (USD Million)
Table 37 UK: Economizer Market, By Application, 2015-2022 (USD Million)
Table 38 Spain: Economizer Market, By Application, 2015-2022 (USD Million)
Table 39 Sweden: Economizer Market, By Application, 2015-2022 (USD Million)
Table 40 Rest of Europe: Economizer Market, By Application, 2015-2022 (USD Million)
Table 41 North America: Economizer Market, By Country, 2015-2022 (USD Million)
Table 42 North America: Economizer Market, By Type, 2015-2022 (USD Million)
Table 43 North America: Economizer Market, By End Use Industry, 2015-2022 (USD Million)
Table 44 North America: Economizer Market, By Application, 2015-2022 (USD Million)
Table 45 US: Economizer Market, By Application, 2015-2022 (USD Million)
Table 46 Canada: Economizer Market, By Application, 2015-2022 (USD Million)
Table 47 Mexico: Economizer Market, By Application, 2015-2022 (USD Million)
Table 48 Middle East & Africa: Economizer Market, By Country, 2015-2022 (USD Million)
Table 49 Middle East & Africa: Economizer Market, By Type, 2015-2022 (USD Million)
Table 50 Middle East & Africa: Economizer Market, By End Use Industry, 2015-2022 (USD Million)
Table 51 Middle East & Africa: Economizer Market, By Application, 2015-2022 (USD Million)
Table 52 South Africa: Economizer Market, By Application, 2015-2022 (USD Million)
Table 53 Saudi Arabia: Economizer Market, By Application, 2015-2022 (USD Million)
Table 54 UAE: Economizer Market, By Application, 2015-2022 (USD Million)
Table 55 Others: Economizer Market, By Application, 2015-2022 (USD Million)
Table 56 South America: Economizer Market, By Country, 2015-2022 (USD Million)
Table 57 South America: Economizer Market, By Type, 2015-2022 (USD Million)
Table 58 South America: Economizer Market, By End Use Industry, 2015-2022 (USD Million)
Table 59 South America: Economizer Market, By Application, 2015-2022 (USD Million)
Table 60 Brazil: Economizer Market, By Application, 2015-2022 (USD Million)
Table 61 Colombia: Economizer Market, By Application, 2015-2022 (USD Million)
Table 62 Argentina: Economizer Market, By Application, 2015-2022 (USD Million)
Table 63 Others: Economizer Market, By Application, 2015-2022 (USD Million)

List of Figures

Figure 1 Research Design: Economizer Market
Figure 2 Bottom-Up Approach
Figure 3 Top-Down Approach
Figure 4 Economizer Market: Data Triangulation
Figure 5 The Fluid Economizers Type Segment is Projected to Lead the Economizer Market From 2017 to 2022
Figure 6 Asia Pacific Accounts for the Largest Share Across All Application in 2017
Figure 7 Economizer Market, By End-Use Industry, 2017 & 2022 (USD Million)
Figure 8 The Asia Pacific Economizer Market is Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 9 The Economizer Market is Projected to Witness Substantial Growth From 2017 to 2022
Figure 10 The Industrial Segment of the Economizer Market is Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 11 The Power Plants Application Segment to Account for the Largest Share of the Economizer Market in 2017
Figure 12 The India Economizer Market is Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 13 Fluid Economizer Type is Projected to Lead the Economizer Market Through 2022
Figure 14 Drivers, Restraints, Opportunities, and Challenges for the Economizer Market
Figure 15 Carbon Dioxide Emissions, By Fuel, 2000-2014 (Million Tons)
Figure 16 Economizer Market: Porter’s Five Forces Analysis
Figure 17 Fluid Economizers Segment is Projected to Grow at A Higher CAGR During the Forecast Period
Figure 18 Asia Pacific to Account for the Largest Share in the Fluid Economizer Market During the Forecast Period
Figure 19 Asia Pacific is Projected to Be the Leading Market for Air Side Economizers During the Forecast Period
Figure 20 Power Plant Segment is Expected to Lead the Market of Economizer Between 2017 & 2022
Figure 21 The Power Plants Segment is Projected to Lead the Economizer Market in Asia Pacific During the Forecast Period
Figure 22 The Boilers Segment is Projected to Lead the Economizer Market in Asia Pacific During the Forecast Period
Figure 23 The HVAC Segment is Projected to Lead the Economizer Market in Asia Pacific During the Forecast Period
Figure 24 Refrigeration Segment in the Asia Pacific Economizer Market is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 25 The Data Centers Segment is Projected to Lead the Asia Pacific Economizer Market During the Forecast Period
Figure 26 Industrial Segment is Estimated to Be the Largest Segment of Economizer Market
Figure 27 Industrial Segment is Projected to Be the Largest Segment in Asia Pacific
Figure 28 Commercial Industry is Estimated to Be the Largest Market in Asia Pacific
Figure 29 Asia Pacific Economizer Market Snapshot
Figure 30 Europe Economizer Market Snapshot
Figure 31 North America Economizer Market Snapshot
Figure 32 Middle East & Africa Economizer Market Snapshot
Figure 33 South America Economizer Market Snapshot
Figure 34 Economizer Market, Competitive Leadership Mapping, 2016
Figure 35 Honeywell International Inc. (U.S.) is the Leading Player in the Economizer Market
Figure 36 Honeywell International Inc.: Company Snapshot
Figure 37 Schneider Electric Se: Company Snapshot
Figure 38 Johnson Controls International PLC: Company Snapshot
Figure 39 Alfa Laval AB: Company Snapshot
Figure 40 Thermax Limited: Company Snapshot
Figure 41 Belimo Holding AG: Company Snapshot

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