With a predicted CAGR of 4.3%, the market for automatic ducting machines is expected to grow from a value of US$ 1.5 Billion in 2023 to US$ 2.2 Billion in 2033.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.
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Automatic ducting machines are available in a wide variety of sizes, pressure ranges, and applications. The expansion of the end use industries is directly correlated with the demand for automatic ducting machines. Over the forecast period, the global market for automatic ducting machines is anticipated to grow with a moderate CAGR due to the generally increasing growth rates of end use industries.
2016-2021 Automatic Ducting Machines Demand Analysis vs. Forecast 2022-2032
According to a report from Future Market Insights, the market for automatic ducting machines is expected to grow at a CAGR of 4.1% between 2022 and 2032, reaching a total of US$ 2,322.9 Million in 2032. (FMI). Sales increased significantly between 2017 and 2021, with a 3.6% CAGR.
The rapid adoption of automatic ducting machines is largely due to the presence of end user industries like chemical processing, pharmaceuticals, and oil & gas. Because of the COVID-19 pandemic’s restrictions on activities in some workplaces, the demand for automatic ducting machines was impacted.
The need for energy derived from various energy sources is anticipated to cause an increase in demand for automatic ducting equipment in the upcoming years. Additionally, it’s anticipated that during the forecast period, automation, speed increases, and innovation will alter the dynamics of automatic ducting machines.
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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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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