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Global Thermal Wheel Market Size By Type, By Application, By Geographic Scope And Forecast


Published on: 2024-08-04 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Thermal Wheel Market Size By Type, By Application, By Geographic Scope And Forecast

Thermal Wheel Market Size And forecast

Thermal Wheel Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2021 to 2028.

The rising demand for a thermal wheel in various industries is surging as it reduces the size of the air handling unit and cuts capital expenditure. The Global Thermal Wheel Market provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Thermal Wheel Market Definition

A thermal wheel is a rotating wheel that acts as a heat exchanger to restore the heat in the exhaust air of a building. The recovered energy is further used to provide pretreatment to the fresh air during winters. Such type of wheel is placed in a ventilation system for air-to-air heat exchange. The thermal wheel helps in reducing the humidification and ventilation costs. A thermal wheel reduces the need for additional heating to maintain the temperature in a building. Such wheels are installed where a large quantity of fresh air is required such as food industries, chemical industries, pharmaceutical, and others.

A thermal wheel, also known as a rotary heat exchanger, rotary air-to-air enthalpy wheel, or heat recovery wheel, is a type of energy recovery heat exchanger positioned within the supply and exhaust air streams of an air-handling system and in the exhaust gases of an industrial process, to recover the previously stored heat energy. As the thermal wheel rotates, heat is captured from the exhaust air stream in half of the starting rotation and released in the fresh air stream in the other half of the rotation. Thus, waste heat energy from the exhaust air stream is transferred to the matrix material and further from the matrix material to the fresh air stream.

This increases the temperature of the supplied air stream by an amount that is proportional to the temperature differential in the airstreams and thermal gradient depending upon the efficiency of the device. Heat exchange is most efficient when the streams flow in opposite directions as it causes a favorable temperature gradient across the thickness of the wheel. The principle works in reverse and cooling energy is recovered to the supply air stream if desired and the temperature differential allows. The heat exchange matrix is always aluminum, plastic, and synthetic fiber. The heat exchanger works on rotation by a small electric motor and belt drive system. The motors are usually inverter speed-controlled for improved control of the exiting air temperature. If no heat exchange is required, the motor can be stopped accordingly.

Global Thermal Wheel Market Overview

Thermal wheels are a cost-effective solution for saving energy and money associated with ventilation and humidification system. The rising demand for a thermal wheel in various industries is surging as it reduces the size of the air handling unit and cuts capital expenditure. However, the thermal wheel has a disadvantage known as air short-circuiting. The chances of cross-contamination are possible while the use of thermal wheels. Thermal wheels are not suitable for use where total separation of supply and exhaust air streams is required, since air will bypass the interface between the air streams at the heat exchanger boundary, and at the point where the wheel move from one air stream to the other during its normal rotation.

The former is reduced with the help of brush seals, and the latter is reduced by a small purge section, formed by plating off a small wheel, normally in the exhaust air streaming. Matrices are made from fibrous materials and with hygroscopic coatings, for transferring latent heat, that is more susceptible to damage and degradation by fouling than plain metal or plastic materials and are difficult and impossible to effectively clean if dirty. Proper care has to be taken to filter the air streams on exhaust and fresh air sides of the wheel. Any dirt attaching on either airside will invariably be transported into the air stream of the other side.

The condensation rotor consists of a rotor accumulator, which transfers the heat. The rotor is driven by a small motor through a belt. One of the rotors is located in the extract air, and the other one is in the supply air. The accumulator is located in the extract airflow and is warmed by this air in winter mode. With the rotor turning slowly around the center axis, the thermal energy is returned to the fresh supply air, which is thus warmed. The rotor accumulator of the sorption rotor is properly coated, facilitating temperature and moisture transfer all year round.

Global Thermal Wheel Market Segmentation Analysis

The Global Thermal Wheel Market is Segmented on the basis of Type, Application, And Geography.

Thermal Wheel Market, By Type

• Silica Gel• Molecular Sieve• Others

Based on Type, The market is segmented into Silica Gel, Molecular Sieve, and Others.

Thermal Wheel Market, By Application

• Food Industries• Chemical Industries• Pharmaceutical• Others

Based on Application, The market is segmented into Food Industries, Chemical Industries, Pharmaceutical, and Others.

Thermal Wheel Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Geography, The Global Thermal Wheel Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.

Key Players

The “Global Thermal Wheel Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Engineered Air, Seibu Giken Co.Ltd., Trane, Bousquet, Airxchange Inc.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2017-2028

BASE YEAR

2020

FORECAST PERIOD

2021-2028

HISTORICAL PERIOD

2017-2019

KEY COMPANIES PROFILED

Engineered Air, Seibu Giken Co.Ltd., Trane, Bousquet, Airxchange Inc.

SEGMENTS COVERED

• By Type
• By Application
• By Geography

CUSTOMIZATION SCOPE

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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Table of Content

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