Foreign-Made Energy Conservation Equipment in the U. S. Market

Abstract

The huge jump in energy prices since the early 1970s has created a large market for energy-saving industrial equipment and systems in the U.S.

In Europe and Japan, great emphasis has been placed on developing energy-efficient products and processes for many years. Therefore, as U.S. energy prices have risen to world levels, the cost-saving advantages of many types of energy-efficient foreign-made equipment have been given a substantial boost.

Foreign suppliers have found large U.S. markets for both process-specific and wide application energy-efficient equipment in a number of industries and industrial applications.

Industrial managers should not overlook this potential source of improved energy savings. The products and processes already in use in other countries can also be important sources of new ideas and hardware.