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Steam coil is a tubular device through which steam is circulated for heating applications in various industries. The steam coil provides an efficient and cost-effective solution for heating purposes. They are commonly used in food processing applications for pasteurization, sterilization, heating, thawing and many other processes.
Market key trends:
The increased adoption of steam coils in the food and beverage industry has been a key growth driver for the global steam coil market. With rising consumption of packaged and processed foods worldwide, steam coils have found wide application in food processing. They are used for thawing, cooking, sterilizing, pasteurizing and other heat transfer purposes. The efficient heat transfer capabilities and maintenance advantages of steam coils have made them a preferred solution over other conventional heating methods in food production plants and facilities. This significant rise in demand from the food industry is expected to propel the steam coil market growth over the forecast period.
Segment Analysis
The global steam coil market is dominated by HVAC segment as steam coils are widely used for heating, ventilation and air conditioning application in various industries including pharmaceutical, food & beverages and chemical. Steam coils allow precise and consistent heating of air for maintaining desired temperatures in facilities. Within HVAC segment, commercial sector accounts for the largest share as steam coils play a vital role in heating large spaces such as shops, malls, restaurants etc.
Key Takeaways
The Global Steam Coil Market Demand is expected to witness high growth.
Regional analysis related content comprises steam coil market in North America dominates currently due to cold climatic conditions increasing the use of steam coils for heating. The market in Asia Pacific is expected to witness the highest growth owing to rising construction activities and increasing focus on efficient heating solutions.
Key players operating in the steam coil market are Audi AG, BMW AG, Daimler AG, Ford Motor Company, General Motors Company, Honda Motor Company, Tesla, Toyota Motor Corporation.
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