The global demand for Heat Exchanger Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Heat Exchanger is the equipment used across various industries for exchanging heat within two or more liquids. It operates through exchanging the heat from one medium to another that is separated by a wall to avoid direct contact of these fluids. Heat exchangers are used to transferring thermal energy from liquid to gas, gas to gas, or liquid to liquid. The application of heat exchangers involves the heating and cooling of a fluid stream. Owing to its feature, it has used in space heating, refrigeration, air conditioning, power stations, chemical plants, petrochemical plants, petroleum refineries, natural-gas processing, and sewage treatment.
The market is predominantly driven by rising demand for heating and cooling equipment across the building such as commercial and residential along with shifting focus towards efficiently utilization of waste heat from industrial process.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of heat exchanger.
The entire heat exchanger market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Shell & Tube
- Plate & Frame
- Air Coolers
- Cooling Towers
- Oil & Gas
- Power Generation
- Food & Beverages
This section covers regional segmentation which accentuates on current and future demand for heat exchanger market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Heat Exchanger Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the heat exchanger market include Alfa Laval, Kelvion, GEA Group, Danfoss, SWEP, Thermax Limited, Tema India Ltd., API Heat Transfer, Tranter Inc., Mersen, Linde Engineering, Air Products, HIDAKA WORKS LTD., HRS Heat Exchangers. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.