Global Automatic Tube Cleaning System Market Size, Share, and Analysis by 2028
Posted by Prabha Mahajan on September 30th, 2022
According to the new research report titled “Automatic Tube Cleaning System Market Forecast to 2028 – COVID-19 Impact and Global Analysis,” published by The Insight Partners, the market is expected to reach US$ 158.18 million by 2028, registering a CAGR of 4.74% from 2020 to 2027.
The automatic tube clean system market is segmented based on type and industry. Based on type, the automatic tube clean system market is segmented into automatic ball tube cleaning system and automatic brush tube cleaning system. Based on industry, the automatic tube clean system market is segmented into power generation, oil and gas, commercial space, hospitality, others. Further, based on geography, the Automatic Tube Clean System market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South America. Asia Pacific led the Automatic Tube Clean System market in 2020 with a market share of 35.31%, followed by North America and Europe. In 2020, China commanded a 34.77 percent share of the Asia Pacific automatic tube clean system market. Furthermore, China has the ability to produce large quantities of automotive components, such as elastic rubber balls, at a lower cost, giving it a competitive advantage over other countries.
Along with several advantages of automatic tube cleaning system for HVAC systems, there are a few factors that could affect the adoption of these systems, which, in turn limits the growth of the automatic tube clean system market. Energy-efficient processes are also being implemented in commercial spaces and power plants. The need to save coal-fired power plants is expected to accelerate the growth of the automated tube cleaning industry in the near future. Tube washing is also anticipated to grow in the medical and pharmaceutical sectors, as well as in the food sector. Increasing energy demand, coupled with improved economic development, is likely to lead to the building of more power plants in the years ahead, resulting in increased demand for automated tube cleaning systems in the power generation industry.
Request Copy of Automatic Tube Cleaning System Market Growth Report https://www.theinsightpartners.com/sample/TIPRE00004345/
Key Findings of Study:
Since power companies are operating in an increasingly hostile environment—owing to rapid deregulation and liberalization, combined with environment-friendly power generation—maintaining the performance of condenser tubes, which have such a large impact on power generation efficiency, is becoming a major apprehension. Since many power plants across the world use seawater for cooling, it is vital to keep the condenser tubes that cool vast amounts of seawater in top shape by preventing marine life from getting into and sticking to the tubes and keeping them clean. The growing environmental effects of global warming demand a more efficient generation of power in the years ahead, which would drive the adoption of automatic tube cleaning systems. A few of the recent product launch initiatives in the market are as follows:
• In 2018, Patratu Vidyut Utpadan Nigam Limited launched a coal fired Patratu power project. The super thermal power plant will be built in two phases, with the first phase compring three 800 MW units and the second phase compring two more identical units. The company claimsed that an automatic tube cleaning system would improve project productivity and save resources.
• In 2015, Shandong Shengli Power Project was launched by Shenglu Power Company. The plant will be constructed in two stages, the first of which will include two 1,000 MW ultra-supercritical air-cooled systems.
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Like it? Share it!
About the AuthorPrabha Mahajan
Joined: September 26th, 2022
Articles Posted: 158
More by this author