Automatic Ball Tube Cleaning System Segment to Dominate the MEA Automatic Tube Cleaning System Market During 2021-2028
According to this research study titled “MEA 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$ 5.60 million by 2028 from US$ 3.87 million in 2021. The market is estimated to grow at a CAGR of 5.4% from 2021 to 2028. The report provides trends prevailing in the MEA automatic tube cleaning system market along with the drivers and restraints pertaining to the market growth.Escalating number of new power projects and mounting number of desalination projects are the major factor driving the growth of the MEA automatic tube cleaning system market. However, concern regarding design and installation of automatic tube cleaning systems hinders the growth of MEA automatic tube cleaning system market.
In case of COVID-19, MEA is highly affected specially countries such as Saudi Arabia, the UAE, Egypt, Morocco, and Kuwait. It is becoming clear with the COVID-19 pandemic spreading through the above-mentioned countries that few can avoid its effects, posing major challenges for all sectors. The rising volatility of the region's power sector, as well as changing market dynamics, would have an effect on the ATCS market in the region. The outbreak of the COVID-19 has severely disrupted the supply chain and manufacturing of industrial equipment across MEA region. The emergence of COVID-19 virus across the MEA region which led to lockdown scenarios has led the industry experts to analyze that the industry would face up to a quarter of lag in industrial equipment supply chain. This disruption is expected to create tremors through 2020 till mid-2021. The manufacturing industry is likely to pick up pace sooner as governments across the MEA region 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 MEA 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 MEA 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 MEA 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; Watco Group; and WesTech Engineering, Inc. are among the leading companies in the MEA 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 20119, WesTech Engineering, Inc., opened a new business unit in Italy. WesTech has business locations on five continents.
The Report Segments the MEA Automatic Tube Cleaning System Market as Follows:
MEA Automatic Tube Cleaning System Market - By Type
MEA Automatic Tube Cleaning System Market - By Industry
MEA Automatic Tube Cleaning System Market - By Country
According to this research study titled “MEA 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$ 5.60 million by 2028 from US$ 3.87 million in 2021. The market is estimated to grow at a CAGR of 5.4% from 2021 to 2028. The report provides trends prevailing in the MEA automatic tube cleaning system market along with the drivers and restraints pertaining to the market growth.Escalating number of new power projects and mounting number of desalination projects are the major factor driving the growth of the MEA automatic tube cleaning system market. However, concern regarding design and installation of automatic tube cleaning systems hinders the growth of MEA automatic tube cleaning system market.
In case of COVID-19, MEA is highly affected specially countries such as Saudi Arabia, the UAE, Egypt, Morocco, and Kuwait. It is becoming clear with the COVID-19 pandemic spreading through the above-mentioned countries that few can avoid its effects, posing major challenges for all sectors. The rising volatility of the region's power sector, as well as changing market dynamics, would have an effect on the ATCS market in the region. The outbreak of the COVID-19 has severely disrupted the supply chain and manufacturing of industrial equipment across MEA region. The emergence of COVID-19 virus across the MEA region which led to lockdown scenarios has led the industry experts to analyze that the industry would face up to a quarter of lag in industrial equipment supply chain. This disruption is expected to create tremors through 2020 till mid-2021. The manufacturing industry is likely to pick up pace sooner as governments across the MEA region 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 MEA 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 MEA 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 MEA 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; Watco Group; and WesTech Engineering, Inc. are among the leading companies in the MEA 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 20119, WesTech Engineering, Inc., opened a new business unit in Italy. WesTech has business locations on five continents.
The Report Segments the MEA Automatic Tube Cleaning System Market as Follows:
MEA Automatic Tube Cleaning System Market - By Type
- Automatic Ball Tube Cleaning System
- Automatic Brush Tube Cleaning System
MEA Automatic Tube Cleaning System Market - By Industry
- Power Generation
- Oil and Gas
- Commercial Space
- Hospitality
- Others
MEA Automatic Tube Cleaning System Market - By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
Frequently Asked Questions about the Middle Eastern and African Automatic Tube Cleaning System Market
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Report Attribute | Details |
---|---|
No. of Pages | 91 |
Published | June 2021 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 3.87 Million |
Forecasted Market Value ( USD | $ 5.6 Million |
Compound Annual Growth Rate | 5.4% |
Regions Covered | Africa, Middle East |
Table of Contents
1. Introduction
3. Research Methodology
4. MEA Automatic Tube Cleaning System Market Landscape
5. MEA Automatic Tube Cleaning System Market - Key Market Dynamics
6. Automatic Tube Cleaning System Market - MEA Analysis
7. MEA Automatic Tube Cleaning System Market Revenue and Forecast to 2028 - By Type
8. MEA Automatic Tube Cleaning System Market Revenue and Forecast to 2028 - By Industry
9. MEA Automatic Tube Cleaning System Market - Country Analysis
10. Impact of COVID-19 Pandemic on MEA 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
- Watco Group
- WesTech Engineering, Inc.