Automatic Tube Cleaning System Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

The global automatic tube cleaning system market size is expected to grow from USD 117 million in 2023 to USD 143 million by 2028, at a CAGR of 4.0%. Improving the operational efficiency of HVAC systems due to automatic tube cleaning system installation and rising investments in refrigerated warehouses and cold storages are the key factor for the growth of the automatic tube cleaning system market.

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Based on type, automatic ball tube cleaning systems are expected to dominate the market during forecast period. Ball-type tube cleaning systems are widely used in power generation, oil & gas, commercial space, and hospitality industries, among many others, as well as in seawater desalination plants. Balls are much cheaper than brushes.

Based on Industry, the power generation industry will command the global automatic tube cleaning system market during the forecast period. The power generation industry is one of the major users of the automatic tube cleaning system. Heat exchangers, chillers, and condensers are widely used in the power generation industry. Although the equipment's function and the cooling water's quality are good, the fouling always occurs and causes energy loss and plant shutdowns. While using automatic tube cleaning systems, there is no need for system shutdown.

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The automatic tube cleaning system market is segmented into four regions, North America, Europe, Asia Pacific, and Rest of the World (RoW). APAC is expected to continue to hold the largest share of the automatic tube cleaning system market owing to the presence of many coal-fired power plants in APAC countries, such as China and India. APAC's automatic tube cleaning system market is also driven by the growing demand for electricity and the increasing number of coal-fired power plants. Although other regions are focusing on harnessing renewable energy sources, such as solar cells, windmills, and hydroelectric power, the APAC region, predominantly Asian countries such as China and India, heavily rely on coal-fired power plants to generate electricity.

News also Covered: https://www.prnewswire.com/news-releases/automatic-tube-cleaning-system-market-worth-143-million-by-2028---exclusive-report-by-marketsandmarkets-301730306.html

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This release was published on openPR.