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Automatic Tube Cleaning System Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type and Industry
The automatic tube cleaning system market is expected to grow from US$ 110. 08 million in 2020 to US$ 158. 18 million by 2028; it is expected to grow at a CAGR of 4. 74% from 2021 to 2028. Automatic tube cleaning systems work continuously to eliminate the build-up of any deposits, reducing the frequency of costly maintenance shutdowns while optimizing equipment function.
New York, May 20, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Automatic Tube Cleaning System Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type and Industry" - https://www.reportlinker.com/p06073124/?utm_source=GNW
Rising operational efficiency of HVAC systems through automatic tube cleaning system installation drives the growth of the market.
However, the design-related faults/limitations in some automatic tube cleaning systems restrain the market growth.
The global automatic tube cleaning system market is segmented on the basis of type and industry.Based on type, the market is bifurcated into automatic ball tube cleaning system and automatic brush tube cleaning system.
The automatic ball tube cleaning system segment led the market in 2020.Based on industry, the market is segmented into power generation, oil & gas, commercial space, hospitality, and others.
The commercial space segment led the market in 2020.By geography, the market is segmented into North America, Europe, APAC, MEA, and SAM.
APAC led the automatic tube cleaning system market in 2020, followed by North America and Europe.
The COVID-19 outbreak has severely disrupted the supply chain and manufacturing of industrial equipment.The outbreak across the globe led to lockdown scenarios.
This has led the industry experts to analyze that the industry would face up to a quarter of lag in industrial equipment supply chain.The manufacturing industry is likely to pick up pace sooner as governments across the globe lifted the various containment measure steadily to revive the economy.
The production of the industrial equipment is anticipated to gain pace from 2021, which is further foreseen to positively influence the industrial equipment manufacturing including automatic tube cleaning system.
The overall automatic tube cleaning system market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.
The process also serves the purpose of obtaining an overview and forecast for the automatic tube cleaning system market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.
The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the automatic tube cleaning system market. Ball Tech Energy Ltd.; CET Enviro Pvt. Ltd.; Conco Services LLC; Ecomax Solutions Pvt. Ltd.; Hydroball Technics Holdings Pte Ltd.; Taprogge GMBH; Watco Group; WesTech Engineering, Inc.; WSA Engineered Systems; and Ovivo are among the key players operating in the market.
Read the full report: https://www.reportlinker.com/p06073124/?utm_source=GNW
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