New York, NY -- (SBWire) -- 10/16/2018 --Air Heated Vaporizer Market: Overview
Air heated vaporizer is industrial instrumentation which uses ambient heat to evaporate which provide superheat to cryogenic fluids. Cryogenic working fluids such as oxygen, nitrogen, hydrogen carbon dioxide, argon, and liquefied natural gas are vaporized by air heated vaporizer. Air heated vaporizer is provided with a number of interconnected parallel paths through which liquid gases pass.
Air heated vaporizer works on the elementary principle of heat exchange which does not require any external power. These air heated vaporizer are long lasting, easy to assemble and has a low maintenance cost. Air heated vaporizer are also very efficient as it reduces the operating cost.
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Air Heated Vaporizer Market: Dynamics
Industries and cryogenic working fluid drive air heated vaporizer market. Air heated vaporizer market has a firm grip in the various sectors such as food industries, energy production, metal processing, medical industries and environmental technology. The market for air heated vaporizer has been growing as increasing number of industries across the world are rising day-by-day. Besides, air heated vaporizer market is driven by strong economic growth and an increase in the demand for LNG. Increasing penetration of new industrial approaches and brands has given rise to the end-use applications.
Air Heated Vaporizer Market: Segmentations
Air heated vaporizer market can be segmented by product material, by heat source, by sales channel and by regions. Air heated vaporizer are manufactured using different materials as per the industrial application Stainless steel air heated vaporizer, aluminum air heated vaporizer, and lead air heated vaporizer are segmented as per the material types.
By heat source, air heated vaporizer are divided into five segments: ambient source, electric source, hot water source, radiant heat source and steam source. On the basis of the sales channel, air heated vaporizer market is segmented by direct-to-customer channel, specialized engineering stores, retailer stores and modern trade. By regions, the air heated vaporizer market is segmented into six regions, such as North America, Latin America, Europe, APEJ, India, China and Japan.
Air Heated Vaporizer Market: Regional Overview
Europe is the most dominating market for the air heated vaporizer followed by the Asia Pacific and North America. Europe has the highest number of manufactures for air heated vaporizer, while in the Asia Pacific, countries including China, Japan, and India have a high number of manufacturing units of air heated vaporizer.
The number of manufacturers have been increasing day-by-day in these regions which are leading the market for air heated vaporizer during the forecast period. Increasing industrial development of Latin America is also increasing the demand for air heated vaporizer. Europe, Asia Pacific & North America market is contributing to the global air heated vaporizer market while countries of Latin America are also showing considerable growth in the air heated vaporizer market.
Air Heated Vaporizer Market: Prominent Players
Some of the prominent players identified in the global air heated vaporizer market are:
Linde Engineering
FIBA Technologies
Sing Swee Bee Enterprise
Inox India
Cryolor
Chart Industries
Cryonorm
Cryoquip
Cryo Associates
Krison Engineering Works
Air Heated Vaporizer Market: Competitive Analysis
The global air heated vaporizer market is fragmented in nature with the presence of many large & small market players. The competition among the existing market players is very high and is expected to rise in the forecast period. Therefore, to survive & succeed in such a competitive environment, manufacturers must upgrade their product offering through innovative & advance air heated vaporizer. This competitive environment also leads to a cut in the prices of their product to retain their market position, which can also negatively affect the profit margin of the manufacturers.
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Air Heated Vaporizer Market to Experience Significant Growth During the Forecast Period 2018 to 2028