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The heat exchanger market is forecasted to grow by USD 4.48 billion during 2023-2028, accelerating at a CAGR of 4.4% during the forecast period. The report on the heat exchanger market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand from the water and wastewater industry, growing demand for heat exchanger from apac-based countries, and increase in demand for lightweight and compact heat exchanger for automobiles.
The heat exchanger market is segmented as below:
By End-user
- Chemical
- Fuel processing
- HVAC
- Others
By Product
- Shell and tube
- Plate and frame
- Cooling tower
- Air cooled
- Others
By Geographical Landscape
- Europe
- APAC
- North America
- South America
- Middle East and Africa
The report on the heat exchanger market covers the following areas:
- Heat exchanger market sizing
- Heat exchanger market forecast
- Heat exchanger market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global heat exchanger market: Alfa Laval AB, API Heat Transfer Inc., Boyd Corp., Chart Industries Inc., Danfoss AS, Doosan Corp., Dover Corp., Exchanger Industries Ltd., General Electric Co., Guntner GmbH and Co. KG., Hisaka Works Ltd., Johnson Controls International PLC., Kelvion Holding GmbH, Koch Industries Inc., Mersen Corporate Services SAS, Radiant Heat Exchanger Pvt. Ltd., SPX FLOW Inc., Thermal Edge Inc., Thermax Ltd., and Xylem Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is technological advances in the design of heat exchangers."
According to the report, one of the major drivers for this market is the rising demand from the water and wastewater industry.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Alfa Laval AB
- API Heat Transfer Inc.
- Boyd Corp.
- Chart Industries Inc.
- Danfoss AS
- Doosan Corp.
- Dover Corp.
- Exchanger Industries Ltd.
- General Electric Co.
- Guntner GmbH and Co. KG.
- Hisaka Works Ltd.
- Johnson Controls International Plc.
- Kelvion Holding GmbH
- Koch Industries Inc.
- Mersen Corporate Services SAS
- Radiant Heat Exchanger Pvt. Ltd.
- SPX FLOW Inc.
- Thermal Edge Inc.
- Thermax Ltd.
- Xylem Inc.