Air Preheaters Market: Introduction

  • An air preheater is a device used to heat air in order to increase the thermal efficiency of the process. The main use of air preheater is to recover heat from flue gas and reduce excessive heat loss through flue gas. It also helps to control the temperature of flue gas. This device is found in the path of flue gases between the chimney and economizer. The market for air preheaters is expected to expand significantly during the forecast period.

Key Drivers and Opportunities of the Global Air Preheaters Market

  • Air preheaters are preferred when the temperature of flue gas is very high. Some developing countries are witnessing an increase in power generation from coal due to a rise in the demand for energy in the last few years. Manufacturers are investing more in South America and Asia Pacific due to growing opportunities in emerging countries in these regions. These are major drivers expected to fuel the global air preheaters market.
  • However, coal power plants have a huge impact on global warming and also adversely affect the climate goals laid down by the Paris Agreement. Several developed countries are shifting to power generation from renewable energy sources such as solar and wind. These factors are expected to hamper the air preheaters market during the forecast period.
  • The new product development in air preheaters and collaboration of market players with manufacturers are expected to create significant opportunities for the air preheaters market during the forecast period.
  • Volatility in the prices of raw material is a key factor restraining the air preheaters market. Furthermore, the COVID-19 pandemic has been continuously causing fluctuations in the price of the raw material and has restricted the production of the air preheaters, which in turn is expected to hinder the market of air preheaters during the forecast period.

Asia Pacific and Europe to Hold Major Share of the Global Air Preheaters Market

  • In terms of region the global air preheaters market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • Asia Pacific and Middle East & Africa is expected to hold a major share of the global air preheaters market during the forecast period as these regions are witnessing an increase in the new petrochemical plants. Furthermore, the development of the chemical industry in these regions is estimated to further propel the market during the forecast period.

Key Players Operating in Global Air Preheaters Market

  • ARVOS Group
  • Balcke-Dürr GmbH
  • Corbett Industries Inc.
  • Ekströms Värmetekniska AB
  • Geeco Enercon Private Limited
  • Kelvion Holding GmbH
  • Lynchburg Air Preheater Corporation
  • Mitsubishi Heavy Industries Machinery Systems, Ltd.
  • Nanjing YireZonglian Energy Saving Technology Co. Ltd.
  • Siemens AG

Global Air Preheaters Market: Research Scope

Global Air Preheaters Market, by Product Type

  • Tubular Air Preheater
  • Regenerative Air Preheater

Global Air Preheaters Market, by Material

  • Stainless Steel
  • Copper
  • Others (Aluminum, etc.)

Global Air Preheaters Market, by Application

  • Power Generation
  • Oil and Gas
  • Chemical
  • Others (Pharmaceuticals, etc.)

Global Air Preheaters Market, by Price

  • Low
  • Medium
  • High

Global Air Preheaters Market, by Distribution Channel

  • Direct
  • Indirect

Global Air Preheaters Market, by Region

  • North America
    • U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Air Preheaters Market