Automatic Tube Cleaning System Market Size, Share, Opportunities, And Trends By Type (Brush, Ball), By Industry Vertical (Oil & Gas, Energy & Power, Hospitality, Healthcare, Others), And By Geography - Forecasts From 2024 To 2029
- Published : Mar 2024
- Report Code : KSI061611661
- Pages : 139
The automatic tube cleaning system market is evaluated at US$146.319 million for the year 2022 growing at a CAGR of 8.3% reaching the market size of US$255.681 million by the year 2029.
Automatic tube cleaning systems (ATCS) eliminate the accumulation of deposits by cleaning tubes continuously so that there are fewer maintenance shutdowns and the equipment functions optimally. Automatic tube cleaning systems are the kinds of machines that have been developed to clean and maintain HVAC systems, and the need for these machines has increased due to the accumulation of dust in the ventilation systems of various factories and industries. Any obstructions or deposits that may impede the ventilation or affect industry performance are cleared away by these systems. In conjunction with the growth of HVAC systems, ATCs are also in high demand. During the 2019 AHR Expo in Atlanta, Samsung HVAC (North America) announced its expansion strategy to build, train, and support specific distributors, installers, and representatives throughout the region. In developing countries, the construction industry's growth, as well as the rise in disposable income, has led to a significant rise in overall demand for HVAC equipment. According to the Bureau of Labor Statistics, the construction industry in the United States is expected to generate approximately 1.58 trillion USD by 2028.
Typical HVAC systems can regulate temperatures, but automatic temperature controls go a step further and can significantly improve your building's environment, efficiency in heating or cooling, and most importantly, its energy consumption. Further, growth in electric demand, fuelled by economic expansion, has been a key factor for market expansion. According to estimates, in 2021 and 2022, the global electricity demand increased by nearly 5%. (Source:iea.org). A tube cleaner is also commonly used in the heating, ventilation, and oil and gas sectors, as well as in the generation of electric power and in commercial facilities to increase the efficiencies of their operations.
MARKET DRIVERS:
- Improved HVAC systems.
Typical HVAC systems can regulate temperatures, but automatic temperature controls go a step further and can significantly improve your building's environment, efficiency in heating or cooling, and most importantly, its energy consumption. Generally, automatic tube cleaning systems refer to the mechanical structures that operate to clean and maintain the functionality of HVAC systems. The demand for those systems has increased due to the deposits that accumulate in various factories and industries and the need to clean and maintain them properly.
MARKET RESTRAINTS:
- Increased costs and frequent upkeep
The increased cost and frequency of maintenance of these systems, as well as the shortcomings of certain automatic tube cleaning systems, will constrain market growth. In the forecast period mentioned above, the increase in the consistent need to replace sponge balls in automatic tube cleaning systems will further challenge the market. Additionally, heat transfer requires additional energy. They have, however, been known to fail mechanically, resulting in ball loss and reduced condenser efficiency. As a result of these factors, the market may not expand at a faster rate than usual.
The North American automatic tube cleaning system market is anticipated to grow significantly.
The automatic tube cleaning systems market in North America is anticipated to be driven by several reasons, the main one being the increased focus on energy efficiency in various sectors. Automatic tube cleaning systems provide an effective way to cut down on energy usage and optimise operations in many sectors. The efficiency of heat exchangers, an essential part of many applications including power production and HVAC systems, is maintained in large part by these systems. These systems guarantee continuous heat transmission by keeping scaling and fouling from building up inside tubes, which increases overall efficiency and lowers energy expenses.
Key Developments:
- In December 2023, the group company of the HORIBA Group that leads the semi-conductor business, HORIBA STEC, Co., Ltd. is planning to construct a new factory in Fukuchiyama City, Kyoto Prefecture.
Automatic Tube Cleaning System Market Scope:
Report Metric | Details |
Market Size Value in 2022 | US$146.319 million |
Market Size Value in 2029 | US$255.681 million |
Growth Rate | CAGR of 8.3% from 2022 to 2029 |
Base Year | 2022 |
Forecast Period | 2024 – 2029 |
Forecast Unit (Value) | USD Million |
Segments Covered |
|
Companies Covered |
|
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Customization Scope | Free report customization with purchase |
Segmentation:
- By Type
- Brush
- Ball
- By Industry vertical
- Oil & Gas
- Energy & Power
- Hospitality
- Healthcare
- Others
- By Geography
- North America
- USA
- Canadá
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- UK
- Germany
- France
- Italy
- Others
- Middle East and Africa
- Saudi Arabia
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Thailand
- Taiwan
- Indonesia
- Others
- North America
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
1.8. Key Benefits to the stakeholder
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Processes
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. CXO Perspective
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
4.5. Analyst View
5. AUTOMATIC TUBE CLEANING SYSTEM MARKET, BY TYPE
5.1. Introduction
5.2. Brush
5.2.1. Market Trends and Opportunities
5.2.2. Growth Prospects
5.3. Ball
5.3.1. Market Trends and Opportunities
5.3.2. Growth Prospects
6. AUTOMATIC TUBE CLEANING SYSTEM MARKET, BY INDUSTRY VERTICAL
6.1. Introduction
6.2. Oil & Gas
6.2.1. Market Trends and Opportunities
6.2.2. Growth Prospects
6.3. Energy & Power
6.3.1. Market Trends and Opportunities
6.3.2. Growth Prospects
6.4. Hospitality
6.4.1. Market Trends and Opportunities
6.4.2. Growth Prospects
6.5. Healthcare
6.5.1. Market Trends and Opportunities
6.5.2. Growth Prospects
6.6. Others
6.6.1. Market Trends and Opportunities
6.6.2. Growth Prospects
7. AUTOMATIC TUBE CLEANING SYSTEM MARKET, BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. United States
7.2.1.1. Market Trends and Opportunities
7.2.1.2. Growth Prospects
7.2.2. Canada
7.2.2.1. Market Trends and Opportunities
7.2.2.2. Growth Prospects
7.2.3. Mexico
7.2.3.1. Market Trends and Opportunities
7.2.3.2. Growth Prospects
7.3. South America
7.3.1. Brazil
7.3.1.1. Market Trends and Opportunities
7.3.1.2. Growth Prospects
7.3.2. Argentina
7.3.2.1. Market Trends and Opportunities
7.3.2.2. Growth Prospects
7.3.3. Others
7.3.3.1. Market Trends and Opportunities
7.3.3.2. Growth Prospects
7.4. Europe
7.4.1. UK
7.4.1.1. Market Trends and Opportunities
7.4.1.2. Growth Prospects
7.4.2. France
7.4.2.1. Market Trends and Opportunities
7.4.2.2. Growth Prospects
7.4.3. Germany
7.4.3.1. Market Trends and Opportunities
7.4.3.2. Growth Prospects
7.4.4. Italy
7.4.4.1. Market Trends and Opportunities
7.4.4.2. Growth Prospects
7.4.5. Others
7.4.5.1. Market Trends and Opportunities
7.4.5.2. Growth Prospects
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.1.1. Market Trends and Opportunities
7.5.1.2. Growth Prospects
7.5.2. Israel
7.5.2.1. Market Trends and Opportunities
7.5.2.2. Growth Prospects
7.5.3. Others
7.5.3.1. Market Trends and Opportunities
7.5.3.2. Growth Prospects
7.6. Asia Pacific
7.6.1. Japan
7.6.1.1. Market Trends and Opportunities
7.6.1.2. Growth Prospects
7.6.2. China
7.6.2.1. Market Trends and Opportunities
7.6.2.2. Growth Prospects
7.6.3. India
7.6.3.1. Market Trends and Opportunities
7.6.3.2. Growth Prospects
7.6.4. Thailand
7.6.4.1. Market Trends and Opportunities
7.6.4.2. Growth Prospects
7.6.5. Taiwan
7.6.5.1. Market Trends and Opportunities
7.6.5.2. Growth Prospects
7.6.6. Indonesia
7.6.6.1. Market Trends and Opportunities
7.6.6.2. Growth Prospects
7.6.7. Others
7.6.7.1. Market Trends and Opportunities
7.6.7.2. Growth Prospects
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Market Share Analysis
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Competitive Dashboard
9. COMPANY PROFILES
9.1. Ingersoll Rand
9.2. Ovivo (SKion Water)
9.3. WDA Engineered Systems
9.4. Taprogge GmbH
9.5. Watco-Group
9.6. Innovas Technologies
9.7. Bossman Instruments Technology
9.8. Ball Tech Energy Ltd.
9.9. CET Enviro Pvt. Ltd.
Ingersoll Rand
Ovivo (SKion Water)
WDA Engineered Systems
Taprogge GmbH
Watco-Group
Innovas Technologies
Bossman Instruments Technology
Ball Tech Energy Ltd.
CET Enviro Pvt. Ltd.
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