Automatic Tube Cleaning System Market Growth and Industry Size Analysis with COVID-19 Impact and Latest Trends
Pune, Maharashtra, India, September 16 2020 (Wiredrelease) Absolute Reports Pvt. Ltd :The global automatic tube cleaning system market is expected to grow remarkably in the forecast duration, owing to the various merger and acquisition strategies adopted by market players. For instance, the first-of-its-kind retrofit technology called ferry La Suprema was completed by the collaborative effort of Grandi Navi Veloci (GNV), AN Italian ferry operator and ABB in March 2019. This technology has been able to save up to 18% energy and is capable of optimizing the performance of chillers utilized for HVAC systems on ferries. As per a report by Fortune Business Insights titled, “ Automatic Tube Cleaning System Market Size, Share and Global Trend By Method (Circulating Ball, Brush and Basket), By Application (Condenser, Chiller, Boiler, Other) and Geography Forecast till 2026,” such innovations will help the market witness high growth rate.
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/automatic-tube-cleaning-system-market-100987
The report presents an embracive overview of the automatic tube cleaning system market, primarily focusing on growth drivers, restraints, trends, and opportunities. It also lists the most recent innovations related to the market, that will competitors strategize and invest accordingly in the forthcoming years to attract high revenue.
As per Fortune Business Insights, the report highlights some of the major automatic tube cleaning system market manufacturers. These include:
SAS Powertech Pvt. Ltd., Water Technology, KNND Associates Pvt. Ltd., HydroBall Technics (SEA) Pte Ltd, Ovivo, HydroBall Technics (SEA) Pte Ltd, WSA Engineered Systems, CET Enviro Pvt. Ltd., Eco Green Systems LLP, Innovas Technologies LLC, Nijhuis Industries, Sentro Technologies, Ecoair Cooling Systems Private Limited, WATCO Group ltd., Trane Belgium
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As per the current automatic tube cleaning system market trends, various classifications in this market include method, application, and geography segments. On the basis of method, the market is bifurcated into brush and basket and circulating ball. Based on application, the market is categorized into boiler, chiller, condenser, and others.
Comparatively Higher Work Efficiency of Automatic Tube Cleaners to Manual Ones will Drive Market
Tube heat exchangers and shells are an integral part of any machinery and their smooth running and remarkable performance are of high priority in any industry. The high performance of tube heat exchangers and shells determines the operational cost and system efficiency. Since fouling in these shells and tube heat exchangers is unavoidable, therefore the use of automatic tube cleaning systems is important. The need to maintain the cleanliness of the tube exchangers for smooth functioning is a major factor boosting the automatic tube cleaning system market. In addition, the low operating cost and high energy efficiency properties of these systems will drive the market in the forecast period.
On another account, the manual cleaning of heat exchangers concludes in more time consumption and has high operational cost, whereas automatic cleaning systems clean the tubes regularly without being intervened by any manual labor. They also provide higher efficiency than the manual system cleaners. Thus, the aforementioned factors directly indicate a high automatic tube cleaning system market price in the coming years.
However, lack of awareness about the benefits of automatic tube cleaning systems may hamper the market. This, coupled with the constant need to replace the sponge balls in these systems may also cause hindrance to the market growth in the forecast period. Nevertheless, the installation of automatic tube cleaning systems into HVAC systems has resulted in better operational efficiency. This is further anticipated to help the market grow remarkably in the coming years.
Key Industry Developments
In June 2019, Babcock Wilcox SPIG, Inc. (SPIG; Paruzzaro, Italy; www.babcock.com/spig) has been awarded a contract to provide cooling tower upgrade services for BASF Dow HPPO Production BVBA’s propylene oxide manufacturing facility in Antwerp, Belgium. In March 2019, Italian ferry operator Grandi Navi Veloci (GNV) has achieved over 18% energy savings onboard ferry La Suprema. It teamed up with ABB to complete a first-of-its-kind retrofit of a technology that optimizes the performance of chillers used for heating, ventilation, and air-conditioning (HVAC) systems on ferries.
Increasing Number of Conventional Power Plants to Help Asia Pacific Generate High Revenue
Geographically, Asia Pacific is estimated to emerge as the region with high potentials. Nations such as Bangladesh, China, Vietnam, and India are considered the global manufacturing hubs of the market. Among these, the automatic tube cleaning system market in India and China have the highest number of conventional power plants. The surge in the number of conventional power plants in Asia Pacific as well as the Middle East and Africa region is expected to help these regional markets gain momentum in the forecast period.
Key Market Driver – Need for increase in thermal efficiency of heat exchangers
Key Market Restraint – High initial cost
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