Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 1,546.90 Million | USD 2,547.70 Million | CAGR at 5.70% | 2023 |
According to the report published by Zion Market Research, the global Automatic Ducting Machines Market size was valued at USD 1,546.90 Million in 2023 and is predicted to reach USD 2,547.70 Million by the end of 2032. The market is expected to grow with a CAGR of 5.70% during the forecast period. The report analyzes the global Automatic Ducting Machines Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Automatic Ducting Machines Market industry.
Wet steam minimizes the thermal efficiency of industrial engines, and it may also result in erode internals or hydraulic lock. Automatic ducting machines have thus become a crucial part in several industrial processes, where managing of moisture and steam cannot be avoided. A typical steam separator makes use of cyclonic action and tangential inlet which helps instantly to separate steam and condensate; however, versions which are less complex are also available. Automatic ducting machines are available in the market in a range of sizes, for different applications, and for different pressure ranges.
The global automatic ducting machine is fragmented into structure type, material type, and end user industry.
On the basis of the structure type, the market is categorized into fabricated, flanged, flanged and fabricated, and others.
Depending on the material type, the market is divided into stainless steel, bronze, cast steel, aluminum, and others.
The different end-use industries of the automatic ducting machines include chemical processing, food and beverage, pharmaceutical, utilities/power, oil and gas, paper and pulp, and others.
The key factor that is triggering the growth of the global automatic ducting machines market is the increasing demand from the developing nations for power. The demand for the steam operators will remain increasing as coal is the dominant fuel that is used for the power generation. As the economies of the developed regions are improving, there is a considerable development in the industries of chemical processing and chemicals. These factors attribute to drive the demand for the automatic ducting machines. Moreover, stringent regulations and strict environmental norms are experiencing untapped areas of installation, where equipment can be corroded by moisture. Volatile prices of the crude oil are also triggering the oil and gas companies in order to make investments in the gas processing stations, thus increasing the demand for automatic ducting machines.
Report Attributes | Report Details |
---|---|
Report Name | Automatic Ducting Machines Market Research Report |
Market Size in 2023 | USD 1,546.90 Million |
Market Forecast in 2032 | USD 2,547.70 Million |
Growth Rate | CAGR of 5.70% |
Number of Pages | 196 |
Key Companies Covered | Didion Separator, Kelburn Separation Specialists, Spirax-Sarco Engineering Plc., Kadant Inc., Penn Separator Corporation, Eaton, Colton Industries, Cole Industries Inc., Forbes Marshall, and Sesotec GmbH. |
Segments Covered | By Structure type, By Material type, By End user industry and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The geographical segmentation of the global retinal drugs and biologics market is diversified into North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, and the Middle East and Africa. North America dominates the automatic ducting machines. Factors that contribute to this market growth are robust industrialization and the fully developed industry of thermal power. Western Europe caters a mature market for automatic ducting machines. The growing pharmaceutical and chemical industries in this region have an increasing demand for automatic ducting machines thus projecting the market to grow in the coming years. In the Asia-Pacific region, China and India have an increasing demand for power which increases the demand for automatic ducting machines. Automatic Ducting Machines Market: Competitive Players
The key market players that are involved in the automatic ducting machines include:
By Structure type
By Material type
By End user industry
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