With a predicted CAGR of 4.1%, the market for automatic ducting machines is expected to grow from a value of US$ 1,554.2 million in 2022 to US$ 2,322.9 million in 2032. The market for automatic ducting machines is expanding in part because to demand from the chemical processing and utilities/power industries. The market for automatic ducting machines experienced a CAGR of 3.6% over the historical period from 2016 to 2021.
Any form of industrial engine loses thermal efficiency while using wet steam, which can also cause a hydraulic lock or corrode internal parts. Automatic ducting devices are thus a requirement in many industrial operations where handling steam and moisture is inevitable. There are simpler variations of the standard steam separator, which uses a tangential intake and cyclonic motion to immediately separate steam and condensate.
There are many different sizes, pressure ranges, and uses for automatic ducting machines. Demand for automatic ducting machines is directly associated with the growth of end use industries. Due to the typically rising development rates of end use industries, it is predicted that the global market for automatic ducting machines would expand with a moderate CAGR over the forecast period.
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2016-2021 Automatic Ducting Machines Demand Analysis vs. Forecast 2022-2032
The market for automatic ducting machines is anticipated to develop at a CAGR of 4.1% between 2022 and 2032, reaching a total of US$ 2,322.9 Million in 2032, according to a study from Future Market Insights. (FMI). With a 3.6% CAGR between 2017 and 2021, sales climbed dramatically.
Due in large part to the existence of end user sectors including chemical processing, pharmaceuticals, and oil & gas, automatic ducting devices have been adopted quickly. The market for automatic ducting machines was hampered because the COVID-19 outbreak restricted activity in several companies.
In the approaching years, it is projected that demand for automatic ducting equipment would rise due to the increased need for energy derived from various energy sources. Additionally, it’s projected that automation, speed improvements, and innovation will change the dynamics of automatic ducting machines during the forecast period.
Market Competition
Eaton, Didion Separator, Colton Industries, Kelburn Separation Specialists, Cole Industries Inc., Spirax-Sarco Engineering plc, Forbes Marshall, Kadant Inc., Sesotec Gmbh, and Penn Separator Corporation are major market participants in the automatic ducting machine market.
- Penn Separator Corporation, a key player in the automatic ducting machines market is focusing on offering different types of ducting machines for various end user industries.
- Kelburn Separation Specialists, another key player in the automatic ducting machines market is focusing on offering gas separators that lowers heat transfer rates.
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Key Segments Profiled in the Automatic Ducting Machine Industry Survey
Automatic Ducting Machine by Material Type:
- Cast Steel Automatic Ducting Machine
- Stainless Steel Automatic Ducting Machine
- Aluminum Automatic Ducting Machine
- Bronze Automatic Ducting Machine
Automatic Ducting Machine by Structure Type:
- Flanged Automatic Ducting Machine
- Fabricated Automatic Ducting Machine
- Flanged and Fabricated Automatic Ducting Machine
- Other Automatic Ducting Machine Structure Types
Automatic Ducting Machine by End Use Industry:
- Automatic Ducting Machine for Utilities/Power
- Automatic Ducting Machine for Chemical Processing
- Automatic Ducting Machine for Oil and Gas
- Automatic Ducting Machine for Paper and Pulp
- Automatic Ducting Machine for Pharmaceuticals
Automatic Ducting Machine by Region:
- North America Automatic Ducting Machine Market
- Latin America Automatic Ducting Machine Market
- Europe Automatic Ducting Machine Market
- East Asia Automatic Ducting Machine Market
- South Asia & Oceania Automatic Ducting Machine Mark
- Middle East & Africa Automatic Ducting Machine Market
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