LONDON, Sept. 24, 2018 /PRNewswire/ -- Automatic tube
cleaning system market to exhibit significant growth potential
between 2018 and 2023
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The automatic tube cleaning system market is estimated to grow from
USD 104.6 million in 2018 to
USD 130.5 million by 2023, at a CAGR
of 4.53% between 2018 and 2023. The significance of improvement in
operational efficiency of HVAC systems due to automatic tube
cleaning system installation is one of the key factors driving the
automatic tube cleaning system market growth. The design related
faults/ limitation in some automatic tube cleaning systems
restraints the growth of the market.
Automatic tube cleaning system market for ball type is expected
to grow rapidly
Based on type, Ball-type automatic tube cleaning systems is
projected to grow at the highest CAGR during the forecast period as
they are used in large heat exchangers in power plants,
petrochemical, oil & gas plants, desalinization plants, and
refining plants.Ball-type tube cleaning system is an inline tube
cleaning system.
Hence, there is no need to stop the operation while cleaning,
unlike brush-type cleaning system.
Power generation industry is expected to hold largest size of
automatic tube cleaning system market
The automatic tube cleaning system plays a vital role in
maintaining the efficiency of the heat exchangers used in the power
generation industry.The automatic tube cleaning system
installations are huge, and the prices of such tube cleaning
systems in power generation plants are the costliest.
Power plants have to deal with an increasingly harsh environment;
hence, maintaining the performance of condenser tubes that have an
enormous impact on the efficiency of power generation plant is the
major issue, which is resolved by the installation of ATCS as the
power is generated at maximum efficiency at all times.
APAC to be fastest-growing market for automatic tube cleaning
systems during 2018–2023
The increasing industrialization in APAC is making the region one
of the potential markets for automatic tube cleaning systems.The
demand for electricity is increasing in the region, and coal-fired
power plants are commonly used to meet the energy demand in this
region.
The growing need for energy saving and improving operational
efficiency in refineries and commercial spaces drives the market
for automatic tube cleaning systems in APAC.
The break-up of the profiles of primary participants for the
report has been given below:
• By Company Type: Tier 1 = 25%, Tier 2 = 35%, and Tier 3 = 40%
• By Designation: C-Level Executives = 55%, Directors = 30%, and
Others = 15%
• By Region: North America = 30%,
Europe = 20%, APAC = 45%, and RoW
= 5%
Key players in the market TAPROGGE (Germany), Hydroball (Singapore), Ovivo (US), WesTech (US), BEAUDREY
(France), Ball Tech (Israel), Nijhuis (Netherlands), WSA (US), and Watco
(Singapore) are a few companies in
this market.
Research Coverage:
The research report on the automatic tube cleaning system market
covers different segments—type, industry, and geography.The market
has been segmented on the basis of type into ball and brush.
The automatic tube cleaning system market has been segmented on the
basis of industry into power generation, oil & gas, commercial
space, hospitality, and others. The report covers 4 regions—North
America, Europe, Asia Pacific (APAC), and Rest of the World
(RoW).
Key Benefits of Buying the Report:
Illustrative segmentation, analysis, and forecast for the market
based on type, industry, and geography have been conducted to give
an overall view of the automatic tube cleaning system market.
Major drivers, restraints, opportunities, and challenges for the
automatic tube cleaning system market have been detailed in this
report.
The report includes a detailed competitive landscape, along with
key players, and in-depth analysis.
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