The Global Indirect-Fired Absorption Air Heater Market size is projected to grow at a CAGR of 4.9% during the forecast period (2016-2028). The market was valued at USD 3,070 million in 2016 and is expected to reach USD X, XXX million by 2028. The oil & gas segment accounted for the largest share of the market in 2016.
The indirect-fired absorption air heater is an industrial process heating equipment that uses the principle of heat transfer. Indirect-fired air heaters are gas or oil-fired, with a heat exchanger to transfer the heat from the fuel source into water. The hot water is then fed through finned tube coils that surround an absorption chamber where it heats atmospheric air which is then distributed via ductwork throughout the building. When using indirect methods of heating, water is heated in an "energy buffering" vessel, where the heat of the flame transfers into a medium (water/glycol mixture) which then heats another water source. This indirect heater can also be classified as a "boiler" or "heat pump".
On the basis of Type, the global indirect-fired absorption air heater market is segmented into under 500 K Btu/h, 500-1000 K Btu/h, and over 1000 K Btu/h.
An indirect-fired absorption air heater under 500 K BTU/H is a type of heating equipment that uses heat from a fuel source to vaporize a working fluid, which then passes through an absorber. The hot gas transfers its heat to the surrounding air, which is then distributed into the building or facility. This type of air heater uses the heat from a fuel source to vaporize a working fluid (typically water), which then passes through an absorber.
An indirect-fired absorption air heater with a capacity of 500 to 1000 K BTU/H is typically used in smaller commercial buildings, such as restaurants and hotels. This type of air heater is also ideal for residential applications. It uses natural gas or propane as its fuel source. The unit absorbs heat from the exhaust gases that are produced by the natural gas or propane burner. This heat is then used to heat the air that is circulated into the building.
An indirect-fired absorption air heater with an output of over 1000 K BTU/h is a type that falls into the "over 1000 K BTU/H" category. This specific type is used for high-temperature applications, such as in industrial settings. The main benefit of this particular model is its ability to heat large areas with high-temperature air. The features of over 1000 K Btu/h type of indirect-fired absorption air heater are: The heating surface is large and efficiency is high. It can be used to heat the process stream directly or indirectly.
On the basis of Application, the global indirect-fired absorption air heater market is segmented into oil & gas, airport, mining & construction, and others.
An indirect-fired absorption air heater is used in the oil & gas industry for producing steam. It generates heat from fuel or electric power and transfers it to the thermal fluid through a heat exchanger. The heated water vaporizes the refrigerant, resulting in high pressure saturated liquid from which heat can be transferred by means of condensation. Additionally, it also reduces our reliance on fossil fuels, which in turn helps to protect the environment.
An indirect-fired absorption air heater is used in the airport for providing heating to aircraft. The indirect-fired system uses a heat transfer fluid (HTF) such as ammonia or hot water and it transfers its heat through metal heat exchangers, which are immersed within an open pool of HTF. As the outdoor temperature drops below freezing point, the fluid from the heat exchangers evaporates and absorbs heat from outdoor ambient air, thus creating a source of hot water for heating aircraft.
An indirect-fired absorption air heater is a heating system that uses a heat exchanger to transfer heat from one fluid to another. In the mining industry, this type of air heater is often used to warm up the ambient air before it enters the underground mine. This can help improve the working conditions for miners and increase safety in the mines. Indirect-fired air heaters are commonly used in the construction industry to provide warmth and comfort for workers. The heaters can be set up on-site to provide direct heating or indirect heating by using an air exchanger. Indirect heating is often preferred in colder climates, as it helps to avoid moisture problems and keeps the building warmer overall. In addition, indirect-fired air heaters can be used to preheat ventilation air, which can save energy and improve the comfort of the workers.
On the basis of Region, the global indirect-fired absorption air heater market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market in North America held the largest share of the indirect-fired absorption air heater market, by region. The market in the Asia Pacific is expected to grow at the highest CAGR during the forecast period. The indirect-fired absorption air heaters market in Latin America is projected to grow at a CAGR of close to 12.0% during the forecast period, driven by various factors such as increasing oil production and storage capacity across Brazil considering its significance in global trade markets.
The market status of indirect-fired absorption air heaters in Europe is stable. The demand for these heaters is increasing due to the growing adoption of energy-efficient technologies. Moreover, the need for reliable and efficient heating solutions is also fueling the growth of this market. In addition, the availability of a wide range of products catering to different requirements is expected to enhance the growth of this market.
The market for indirect-fired absorption air heaters in the Middle East & Africa is currently experiencing a period of steady growth. The market is expected to continue to grow at a moderate pace over the next few years, as more and more businesses in the region come to see the benefits of using these heaters. In particular, the oil & gas industry is expected to be one of the biggest drivers of growth for this market in the coming years. The Middle East & Africa is key market for indirect-fired absorption air heaters. The region is home to some of the world's largest oil reserves, and businesses in the region are increasingly looking to adopt new technologies that can help them improve their efficiency. Indirect-fired absorption air heaters are an excellent option for businesses in this region, as they offer a number of advantages over traditional gas-fired heaters.
The growth of the global indirect-fired absorption air heater market can be attributed to the increasing demand for energy-efficient heating solutions across the world. Additionally, the growing awareness about the benefits of using indirect-fired absorption air heaters is also contributing to the growth of this market. Furthermore, the rising installation of these heaters in various industrial and commercial applications is boosting the market.
Up Market Research published a new report titled “Indirect Fired Air Heater Sales Market research report which is segmented by Types (Under 500 K BTU/H, 500-1000 K BTU/H, Over 1000 K BTU/H), By Applications (Oil & Gas, Airline, Mining & Construction, Other), By Players/Companies Mac Heaters, Therm Dynamics, Torqued Heat, Allmand, Rotational Energy, Thawzall, Multitek, ConleyMax Heaters, Flagro, JetHeat, Tioga Air Heaters, Wacker Neuson”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
|Report Attributes||Report Details|
|Report Title||Indirect Fired Air Heater Sales Market Research Report|
|By Type||Under 500 K BTU/H, 500-1000 K BTU/H, Over 1000 K BTU/H|
|By Application||Oil & Gas, Airline, Mining & Construction, Other|
|By Companies||Mac Heaters, Therm Dynamics, Torqued Heat, Allmand, Rotational Energy, Thawzall, Multitek, ConleyMax Heaters, Flagro, JetHeat, Tioga Air Heaters, Wacker Neuson|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||224|
|Number of Tables & Figures||157|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Under 500 K BTU/H, 500-1000 K BTU/H, Over 1000 K BTU/H and By Application Oil & Gas, Airline, Mining & Construction, Other.
Some of the companies that are profiled in this report are:
Indirect Fired Air Heater Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Indirect Fired Air Heater Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
Reasons to Purchase the Indirect Fired Air Heater Sales Market Report:
Some other reports from this category!