Commercial Space Segment to Dominate Europe Automatic Tube Cleaning System Market during 2021-2028
According to this research study titled “Europe Automatic Tube Cleaning System Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type and Industry,” the market is expected to reach US$ 40.42 million by 2028 from US$ 29.02 million in 2021. The market is estimated to grow at a CAGR of 4.8% from 2021 to 2028. The report provides trends prevailing in the Europe automatic tube cleaning system market along with the drivers and restraints pertaining to the market growth. Mounting usage of automatic tube cleaning systems in refinery industry and escalating operational efficiency of HVAC systems through automatic tube cleaning system installation are the major factor driving the growth of the Europe automatic tube cleaning system market. However, complexity regarding design and installation hinders the growth of Europe automatic tube cleaning system market.
In case of COVID-19, Europe is highly affected specially the UK. The impact of COVID-19 differed from country to country across the European region as selected countries witnessed an increase in the number of recorded cases and subsequently attracted strict as well as longer lockdown periods or social isolation. However, Western European countries such as Germany, France, Russia, the UK, and others have seen a comparatively modest decrease in their growth activities because of the strong healthcare system. In order to protect its citizens from the virus, the European government has made tremendous investments in incorporating technologies in its healthcare systems to help identify signs of the virus. Businesses all over Europe have switched from conventional to online module to keep their financial operations running during the corona virus outbreak. As a result of the online module adoption, less people are going to workplaces, resulting in fewer operational HVAC systems and less maintenance. Therefore, during the pandemic, this is affecting the adoption of automatic tube cleaning systems across the world.
The Europe automatic tube cleaning system market is segmented based on type, industry, and country. Based on type, the market is segmented as automatic ball tube cleaning system and automatic brush tube cleaning system. Automatic ball tube cleaning system segment led the Europe automatic tube cleaning system market in 2020 and is also expected to be fastest growing during forecast period. Based on industry, the market is segmented as power generation, oil and gas, commercial space, hospitality, and others. Commercial space segment led the Europe automatic tube cleaning system market in 2020 and power generation segment is expected to be fastest growing during forecast period.
Ball Tech Energy Ltd.; Conco Services LLC; Ecomax Solutions Pvt. Ltd.; Ovivo; Taprogge GMBH; and WesTech Engineering, Inc. are among the leading companies in the Europe automatic tube cleaning system market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2019, WesTech Engineering, Inc., opened a new business unit in Italy. WesTech has business locations on five continents.
The Report Segments the Europe Automatic Tube Cleaning System Market as Follows:
Europe Automatic Tube Cleaning System Market - By Type
Europe Automatic Tube Cleaning System Market - By Industry
Europe Automatic Tube Cleaning System Market - By Country
According to this research study titled “Europe Automatic Tube Cleaning System Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type and Industry,” the market is expected to reach US$ 40.42 million by 2028 from US$ 29.02 million in 2021. The market is estimated to grow at a CAGR of 4.8% from 2021 to 2028. The report provides trends prevailing in the Europe automatic tube cleaning system market along with the drivers and restraints pertaining to the market growth. Mounting usage of automatic tube cleaning systems in refinery industry and escalating operational efficiency of HVAC systems through automatic tube cleaning system installation are the major factor driving the growth of the Europe automatic tube cleaning system market. However, complexity regarding design and installation hinders the growth of Europe automatic tube cleaning system market.
In case of COVID-19, Europe is highly affected specially the UK. The impact of COVID-19 differed from country to country across the European region as selected countries witnessed an increase in the number of recorded cases and subsequently attracted strict as well as longer lockdown periods or social isolation. However, Western European countries such as Germany, France, Russia, the UK, and others have seen a comparatively modest decrease in their growth activities because of the strong healthcare system. In order to protect its citizens from the virus, the European government has made tremendous investments in incorporating technologies in its healthcare systems to help identify signs of the virus. Businesses all over Europe have switched from conventional to online module to keep their financial operations running during the corona virus outbreak. As a result of the online module adoption, less people are going to workplaces, resulting in fewer operational HVAC systems and less maintenance. Therefore, during the pandemic, this is affecting the adoption of automatic tube cleaning systems across the world.
The Europe automatic tube cleaning system market is segmented based on type, industry, and country. Based on type, the market is segmented as automatic ball tube cleaning system and automatic brush tube cleaning system. Automatic ball tube cleaning system segment led the Europe automatic tube cleaning system market in 2020 and is also expected to be fastest growing during forecast period. Based on industry, the market is segmented as power generation, oil and gas, commercial space, hospitality, and others. Commercial space segment led the Europe automatic tube cleaning system market in 2020 and power generation segment is expected to be fastest growing during forecast period.
Ball Tech Energy Ltd.; Conco Services LLC; Ecomax Solutions Pvt. Ltd.; Ovivo; Taprogge GMBH; and WesTech Engineering, Inc. are among the leading companies in the Europe automatic tube cleaning system market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2019, WesTech Engineering, Inc., opened a new business unit in Italy. WesTech has business locations on five continents.
The Report Segments the Europe Automatic Tube Cleaning System Market as Follows:
Europe Automatic Tube Cleaning System Market - By Type
- Automatic Ball Tube Cleaning System
- Automatic Brush Tube Cleaning System
Europe Automatic Tube Cleaning System Market - By Industry
- Power Generation
- Oil and Gas
- Commercial Space
- Hospitality
- Others
Europe Automatic Tube Cleaning System Market - By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Frequently Asked Questions about the European Automatic Tube Cleaning System Market
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Who are the key companies in the European Automatic Tube Cleaning System Market?
Report Attribute | Details |
---|---|
No. of Pages | 96 |
Published | June 2021 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 29.02 Million |
Forecasted Market Value ( USD | $ 40.42 Million |
Compound Annual Growth Rate | 4.8% |
Regions Covered | Europe |
Table of Contents
1. Introduction
3. Research Methodology
4. Europe Automatic Tube Cleaning System Market Landscape
5. Europe Automatic Tube Cleaning System Market - Key Market Dynamics
6. Automatic Tube Cleaning System Market - Europe Analysis
7. Europe Automatic Tube Cleaning System Market Revenue and Forecast to 2028 - By Type
8. Europe Automatic Tube Cleaning System Market Revenue and Forecast to 2028 - By Industry
9. Europe Automatic Tube Cleaning System Market - Country Analysis
10. Impact of COVID-19 Pandemic on Europe Automatic Tube Cleaning System Market
11. Industry Landscape
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Ball Tech Energy Ltd.
- Conco Services LLC
- Ecomax Solutions Pvt. Ltd.
- Ovivo
- Taprogge GMBH
- WesTech Engineering, Inc.