Heat Exchanger Market by Type (Shell & Tube, Plate & Frame, Air Cooled), Material (Metal, Alloys, Brazing Clad Materials), End-Use Industry (Chemical, Energy, Hvacr, Food & Beverage, Power, Pulp & Paper), and Region - Global Forecast to 2029
The Heat exchangers market is projected to reach USD 32.3 billion by 2029, at a CAGR of 7.0% from USD 23.0 billion in 2024. Growing awareness about energy efficiency and stringent building codes are driving the demand for high-performance insulation materials. Heat exchangers play a vital role in optimizing various industrial processes by controlling temperatures, facilitating heat transfer, and maintaining optimal operating conditions. They contribute to improved process efficiency, enhanced product quality, and increased production rates in industries such as chemical processing, oil refining, food and beverage, and pharmaceuticals. The demand for heat exchangers is driven by various industries that rely on heat transfer for their operations, including chemical processing, oil and gas, power generation, HVAC, refrigeration, and automotive. Growth in these industries, coupled with increasing industrialization and urbanization worldwide, fuels the demand for heat exchangers across diverse applications and markets.
“Based on type, plate & frame is expected to be the fastest growing market during the forecast period, in terms of value.”
Plate and frame heat exchangers have a compact design compared to traditional shell-and-tube heat exchangers. They offer a high heat transfer surface area relative to their size, allowing for efficient heat exchange in a smaller footprint. This compactness is particularly advantageous in applications where space is limited or where there is a need to minimize installation costs. These heat exchangers are highly efficient in transferring heat between fluids, which helps reduce energy consumption and operating costs. By recovering and reusing waste heat, they contribute to energy conservation and sustainability efforts in industrial processes and HVAC systems.
“Based on end-use industry, Chemical is the largest market during the forecast period, in terms of value.”
Chemical processes often generate significant amounts of waste heat, which can be captured and reused through heat exchangers. By recovering waste heat from various process streams, heat exchangers help improve energy efficiency and reduce overall energy consumption in chemical manufacturing plants. This is particularly important in energy-intensive processes such as distillation, evaporation, and reaction heat management. Many chemical reactions require precise temperature control to achieve optimal reaction rates and product yields. Heat exchangers are essential for maintaining consistent temperatures.
“Based on region, Asia Pacific is the fastest growing market for heat exchangers in 2023, in terms of value.”
Asia Pacific is undergoing rapid industrialization and urbanization, leading to increased demand for heat exchangers across various industries such as chemical processing, oil and gas, power generation, HVAC, and food and beverage. Growing industrial activities and infrastructure development projects drive the need for heat exchangers to support heating, cooling, and thermal management applications.
In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees are as follows:
Research Coverage
This report segments the heat exchangers market based on material, type, end-use industry, and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products and services, key strategies, new product launches, expansions, and mergers and acquisitions associated with the heat exchangers market.
Key benefits of buying this report
This research report focuses on various levels of analysis, including industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view of the competitive landscape, emerging and high-growth segments of the heat exchangers market, high-growth regions, and market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
“Based on type, plate & frame is expected to be the fastest growing market during the forecast period, in terms of value.”
Plate and frame heat exchangers have a compact design compared to traditional shell-and-tube heat exchangers. They offer a high heat transfer surface area relative to their size, allowing for efficient heat exchange in a smaller footprint. This compactness is particularly advantageous in applications where space is limited or where there is a need to minimize installation costs. These heat exchangers are highly efficient in transferring heat between fluids, which helps reduce energy consumption and operating costs. By recovering and reusing waste heat, they contribute to energy conservation and sustainability efforts in industrial processes and HVAC systems.
“Based on end-use industry, Chemical is the largest market during the forecast period, in terms of value.”
Chemical processes often generate significant amounts of waste heat, which can be captured and reused through heat exchangers. By recovering waste heat from various process streams, heat exchangers help improve energy efficiency and reduce overall energy consumption in chemical manufacturing plants. This is particularly important in energy-intensive processes such as distillation, evaporation, and reaction heat management. Many chemical reactions require precise temperature control to achieve optimal reaction rates and product yields. Heat exchangers are essential for maintaining consistent temperatures.
“Based on region, Asia Pacific is the fastest growing market for heat exchangers in 2023, in terms of value.”
Asia Pacific is undergoing rapid industrialization and urbanization, leading to increased demand for heat exchangers across various industries such as chemical processing, oil and gas, power generation, HVAC, and food and beverage. Growing industrial activities and infrastructure development projects drive the need for heat exchangers to support heating, cooling, and thermal management applications.
In the process of determining and verifying the market size for several segments and subsegments identified through secondary research, extensive primary interviews were conducted. A breakdown of the profiles of the primary interviewees are as follows:
- By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
- By Designation: C-Level - 35%, Director Level - 25%, and Others - 40%
- By Region: North America - 30%, Europe - 20%, Asia Pacific - 40%, Middle East & Africa-5%, and Latin America-5%
Research Coverage
This report segments the heat exchangers market based on material, type, end-use industry, and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products and services, key strategies, new product launches, expansions, and mergers and acquisitions associated with the heat exchangers market.
Key benefits of buying this report
This research report focuses on various levels of analysis, including industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view of the competitive landscape, emerging and high-growth segments of the heat exchangers market, high-growth regions, and market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Analysis of key drivers (Increasing industrialization in emerging economies, Rising energy efficiency regulations and stringent emission standards), restraints (Fluctuation in raw material prices, Lack of awareness regarding energy efficiency in buildings), opportunities (Growing number of nuclear power plants, Growing aftermarket) and challenges (Regulations concerning fluorinated greenhouse gases, Capital intensive market).
- Market Penetration: Comprehensive information on the heat exchangers market offered by top players in the global heat exchangers market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the heat exchangers market.
- Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for heat exchangers market across regions.
- Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global heat exchangers market
- Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the heat exchangers market
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
1.8 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 HEAT EXCHANGER MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 List of primary interview participants – demand and supply side
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of interviews with experts
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 2 HEAT EXCHANGER MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
FIGURE 3 HEAT EXCHANGER MARKET: TOP-DOWN APPROACH
FIGURE 4 MARKET SIZE ESTIMATION: HEAT EXCHANGER MARKET TOP-DOWN APPROACH
2.3 GROWTH RATE ASSUMPTION
FIGURE 5 DEMAND-SIDE FORECAST PROJECTIONS
2.4 DATA TRIANGULATION
FIGURE 6 HEAT EXCHANGER MARKET: DATA TRIANGULATION
2.5 FACTOR ANALYSIS
2.6 RESEARCH ASSUMPTIONS
2.7 RESEARCH LIMITATIONS
2.8 RISK ASSESSMENT
2.9 RECESSION IMPACT
3 EXECUTIVE SUMMARY
FIGURE 7 SHELL & TUBE SEGMENT TO ACCOUNT FOR LARGEST SHARE OF OVERALL HEAT EXCHANGER MARKET
FIGURE 8 METALS TO BE LARGEST MATERIAL SEGMENT IN HEAT EXCHANGER MARKET
FIGURE 9 ENERGY TO BE FASTEST-GROWING END-USE INDUSTRY OF HEAT EXCHANGERS DURING FORECAST PERIOD
FIGURE 10 ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HEAT EXCHANGER MARKET
FIGURE 11 ASIA PACIFIC TO WITNESS HIGH GROWTH DURING FORECAST PERIOD
4.2 HEAT EXCHANGER MARKET, BY TYPE
FIGURE 12 PLATE & FRAME TYPE TO LEAD HEAT EXCHANGER MARKET DURING FORECAST PERIOD
4.3 HEAT EXCHANGER MARKET, BY END-USE INDUSTRY
FIGURE 13 HVAC & REFRIGERATION TO BE LARGEST END-USE INDUSTRY DURING FORECAST PERIOD
4.4 HEAT EXCHANGER MARKET, BY COUNTRY
FIGURE 14 INDIA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 15 MARKET DYNAMICS OF HEAT EXCHANGER MARKET
5.2.1 DRIVERS
5.2.1.1 Increasing industrialization in emerging economies
5.2.1.2 Rising energy efficiency regulations and stringent emission standards
5.2.1.3 Growing demand for HVAC & refrigeration equipment
5.2.1.4 Growing demand for heat pumps
5.2.1.5 Rising demand for sustainable, low energy consumption, and cost-effective heat exchangers
5.2.2 RESTRAINTS
5.2.2.1 Fluctuation in raw material prices
5.2.2.2 Lack of awareness of energy efficiency
5.2.2.3 Growing demand for battery electric vehicles
5.2.2.4 Sluggish growth rates
5.2.3 OPPORTUNITIES
5.2.3.1 Growing number of nuclear power plants
5.2.3.2 Growing aftermarket of heat exchangers
5.2.4 CHALLENGES
5.2.4.1 Regulations concerning fluorinated greenhouse gases
5.2.4.2 Capital-intensive market
5.3 PORTER’S FIVE FORCES ANALYSIS
FIGURE 16 PORTER’S FIVE FORCES ANALYSIS OF HEAT EXCHANGER MARKET
5.3.1 THREAT OF SUBSTITUTES
5.3.2 BARGAINING POWER OF SUPPLIERS
5.3.3 THREAT OF NEW ENTRANTS
5.3.4 BARGAINING POWER OF BUYERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
TABLE 1 HEAT EXCHANGER MARKET: PORTER’S FIVE FORCES ANALYSIS
5.4 MACROECONOMIC INDICATORS
5.4.1 GLOBAL GDP TRENDS
TABLE 2 TRENDS OF PER CAPITA GDP, 2020–2023 (USD)
TABLE 3 GDP GROWTH ESTIMATE AND PROJECTION OF KEY COUNTRIES, 2024–2027
5.4.2 OIL & GAS STATISTICS
TABLE 4 OIL PRODUCTION, BY COUNTRY, 2021–2022, THOUSAND BARRELS DAILY
5.4.3 POWER GENERATION STATISTICS
TABLE 5 POWER GENERATED IN KEY COUNTRIES, 2018 –2021, TERAWATT HOUR (TWH)
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
FIGURE 17 HEAT EXCHANGER MARKET: VALUE CHAIN ANALYSIS
6.2.1 RAW MATERIAL SOURCING
6.2.2 MANUFACTURING
6.2.3 DISTRIBUTION
6.2.4 END USERS
TABLE 6 HEAT EXCHANGER MARKET: VALUE CHAIN STAKEHOLDERS
6.3 REGULATORY LANDSCAPE
6.3.1 REGULATIONS
6.3.1.1 North America
6.3.1.2 Europe
6.3.1.3 Asia Pacific
6.3.2 STANDARDS
6.3.2.1 ISO 27.060.30
6.3.2.2 BS EN 308:2022
6.3.2.3 ASME Boiler and Pressure Vessel Code (BPVC)
6.3.2.4 TEMA (Tubular Exchanger Manufacturers Association) Standards
6.3.2.5 API (American Petroleum Institute) Standards
6.3.2.6 PD500 Standards
6.3.2.7 EN 13445 Standards
6.3.3 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 7 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 8 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.4 TRADE ANALYSIS
6.4.1 HS CODE
6.4.2 IMPORT SCENARIO
FIGURE 18 HEAT EXCHANGERS, KEY COUNTRY, 2019–2023 (USD MILLION)
6.4.3 EXPORT SCENARIO
FIGURE 19 HEAT EXCHANGERS, KEY COUNTRY, 2019–2023 (USD MILLION)
6.5 PRICING ANALYSIS
6.5.1 AVERAGE SELLING PRICE TREND, BY REGION
FIGURE 20 AVERAGE SELLING PRICE, BY REGION (USD/UNIT)
6.5.2 AVERAGE SELLING PRICE, BY TYPE
FIGURE 21 AVERAGE SELLING PRICE, BY TYPE (USD/UNIT)
6.5.3 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY
FIGURE 22 AVERAGE SELLING PRICE, BY KEY MARKET PLAYERS (USD/UNIT)
6.6 INVESTMENT AND FUNDING SCENARIO
FIGURE 23 INVESTMENT AND FUNDING SCENARIO, 2019–2023 (USD MILLION)
6.7 ECOSYSTEM/MARKET MAP
FIGURE 24 HEAT EXCHANGER MARKET: ECOSYSTEM
6.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
FIGURE 25 TRENDS IN HEAT EXCHANGER MARKET
6.9 TECHNOLOGY ANALYSIS
6.9.1 KEY TECHNOLOGY
6.9.1.1 Microchannel heat exchangers
6.9.1.2 Multi-functional heat exchangers
6.9.1.3 Nanotechnology-enhanced heat exchangers
6.9.2 COMPLEMENTARY TECHNOLOGY
6.9.2.1 3D-printed heat exchangers
6.9.2.2 Compact and microgroove heat exchangers
6.10 CASE STUDY ANALYSIS
6.10.1 API HEAT TRANSFER
6.10.2 BOYD
6.10.3 API HEAT TRANSFER
6.11 KEY CONFERENCES & EVENTS, 2024–2025
TABLE 10 HEAT EXCHANGER MARKET: KEY CONFERENCES & EVENTS, 2024–2025
6.12 PATENT ANALYSIS
6.12.1 METHODOLOGY
6.12.2 PATENT TYPES
FIGURE 26 HEAT EXCHANGER MARKET: GRANTED PATENTS
6.12.3 PUBLICATION TRENDS IN LAST 10 YEARS
FIGURE 27 NUMBER OF PATENTS YEAR-WISE FROM 2013 TO 2023
6.12.4 INSIGHTS
6.12.5 LEGAL STATUS OF PATENTS
6.12.6 JURISDICTION ANALYSIS
FIGURE 28 TOP JURISDICTION
6.12.7 TOP APPLICANTS
FIGURE 29 TOP 10 PATENT APPLICANTS
TABLE 11 PATENTS BY RAYTHEON TECHNOLOGIES CORPORATION
TABLE 12 PATENTS BY DENSO CORPORATION
TABLE 13 PATENTS BY MITSUBISHI ELECTRIC CORPORATION
TABLE 14 TOP 10 PATENT OWNERS DURING LAST 12 YEARS
6.13 KEY STAKEHOLDERS AND BUYING CRITERIA
6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS
TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%)
6.13.2 BUYING CRITERIA
FIGURE 31 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
TABLE 16 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
6.14 FUNDING, BY APPLICATION
FIGURE 32 FUNDING, BY APPLICATION
7 HEAT EXCHANGER MARKET, BY TYPE
7.1 INTRODUCTION
FIGURE 33 PLATE & FRAME HEAT EXCHANGERS PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 17 HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 18 HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 19 HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 20 HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
7.2 SHELL & TUBE HEAT EXCHANGERS
7.2.1 INCREASING DEMAND FROM VARIOUS END-USE INDUSTRIES TO DRIVE MARKET
7.2.2 TUBULAR HEAT EXCHANGERS
7.2.3 FIXED TUBE HEAT EXCHANGERS
7.2.4 U-TUBE HEAT EXCHANGERS
7.2.5 FLOATING HEAD HEAT EXCHANGERS
7.3 PLATE & FRAME HEAT EXCHANGERS
7.3.1 COST-EFFECTIVENESS AND DURABILITY TO DRIVE MARKET
7.3.2 GASKETED PLATE & FRAME HEAT EXCHANGERS
7.3.3 WELDED PLATE & FRAME HEAT EXCHANGERS
7.3.4 BRAZED HEAT EXCHANGERS
7.4 AIR COOLED HEAT EXCHANGERS
7.4.1 INCREASING USE IN CHEMICAL AND ENERGY INDUSTRIES TO DRIVE MARKET
7.4.2 FORCED DRAFT HEAT EXCHANGERS
7.4.3 INDUCED DRAFT HEAT EXCHANGERS
7.5 OTHER TYPES
7.5.1 EXTENDED SURFACE HEAT EXCHANGERS
7.5.2 REGENERATIVE HEAT EXCHANGERS
8 HEAT EXCHANGER MARKET, BY MATERIAL
8.1 INTRODUCTION
FIGURE 34 METALS SEGMENT TO DOMINATE HEAT EXCHANGER MARKET DURING FORECAST PERIOD
TABLE 21 HEAT EXCHANGER MARKET, BY MATERIAL, 2020–2023 (USD MILLION)
TABLE 22 HEAT EXCHANGER MARKET, BY MATERIAL, 2024–2029 (USD MILLION)
8.1.1 METALS
8.1.1.1 High thermal conductivity and durability to drive market
8.1.1.2 Steel
8.1.1.2.1 Carbon steel
8.1.1.2.2 Stainless steel
8.1.1.3 Copper
8.1.1.4 Aluminum
8.1.1.5 Titanium
8.1.1.6 Nickel
8.1.1.7 Other metals
8.1.2 ALLOYS
8.1.2.1 Extreme environmentally friendly nature to drive market
8.1.2.2 Nickel alloys
8.1.2.2.1 Hastelloy alloys
8.1.2.2.2 Inconel alloys
8.1.2.2.3 Monel alloys
8.1.2.2.4 Other nickel alloys
8.1.2.3 Copper alloys
8.1.2.4 Titanium alloys
8.1.2.5 Other alloys
8.1.3 BRAZING CLAD MATERIALS
8.1.3.1 Enhanced corrosion resistance and thermal conductivity to drive market
8.1.3.2 Copper brazing
8.1.3.3 Ni clad brazing
8.1.3.4 Phosphor copper brazing
8.1.3.5 Silver brazing
8.1.3.6 Other brazing clad materials
9 HEAT EXCHANGER MARKET, BY END-USE INDUSTRY
9.1 INTRODUCTION
FIGURE 35 HVAC & REFRIGERATION INDUSTRY TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 23 HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 24 HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 25 HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 26 HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
9.2 CHEMICALS
9.2.1 EXTENSIVE USE IN CHEMICAL INDUSTRY TO DRIVE MARKET
9.2.2 BASE CHEMICALS
9.2.3 INTERMEDIATE CHEMICALS
9.2.4 SPECIALTY CHEMICALS
9.3 ENERGY
9.3.1 INCREASING USE FOR HEAT RECOVERY TO DRIVE MARKET
9.3.2 PETROCHEMICALS
9.3.3 OIL & GAS
9.4 HVAC & REFRIGERATION
9.4.1 POPULATION GROWTH, URBANIZATION, AND RISING INCOME TO DRIVE MARKET
9.4.2 DISTRICT HEATING & COOLING
9.4.3 COMMERCIAL REFRIGERATION
9.4.4 AIR CONDITIONING
9.4.5 INDUSTRIAL REFRIGERATION
9.5 FOOD & BEVERAGES
9.5.1 NEED FOR ENERGY EFFICIENCY AND STRINGENT ENVIRONMENTAL REGULATIONS TO DRIVE MARKET
9.5.2 PROCESS FOOD
9.5.3 DAIRY
9.5.4 SUGAR & ETHANOL PRODUCTION
9.5.5 OTHER FOOD & BEVERAGES
9.6 POWER
9.6.1 ENHANCEMENT IN THERMAL MANAGEMENT TO DRIVE MARKET
9.6.2 RENEWABLE
9.6.3 NON-RENEWABLE
9.7 PULP & PAPER
9.7.1 REDUCED FUEL CONSUMPTION AND LOWER OPERATING COSTS TO DRIVE MARKET
9.8 OTHER END-USE INDUSTRIES
9.8.1 METALLURGICAL
9.8.2 WASTEWATER TREATMENT
9.8.3 MINING
10 HEAT EXCHANGER MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 36 INDIA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD
TABLE 27 HEAT EXCHANGER MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 28 HEAT EXCHANGER MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 29 HEAT EXCHANGER MARKET, BY REGION, 2020–2023 (UNIT)
TABLE 30 HEAT EXCHANGER MARKET, BY REGION, 2024–2029 (UNIT)
10.2 NORTH AMERICA
10.2.1 RECESSION IMPACT
FIGURE 37 NORTH AMERICA: HEAT EXCHANGER MARKET SNAPSHOT
TABLE 31 NORTH AMERICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 32 NORTH AMERICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 33 NORTH AMERICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (UNIT)
TABLE 34 NORTH AMERICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (UNIT)
TABLE 35 NORTH AMERICA: HEAT EXCHANGER MARKET, BY MATERIAL, 2020–2023 (USD MILLION)
TABLE 36 NORTH AMERICA: HEAT EXCHANGER MARKET, BY MATERIAL, 2024–2029 (USD MILLION)
TABLE 37 NORTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 38 NORTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 39 NORTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 40 NORTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 41 NORTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 42 NORTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 43 NORTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 44 NORTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.2.2 US
10.2.2.1 Change in efficiency standards by DOE to drive market
TABLE 45 US: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 46 US: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 47 US: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 48 US: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 49 US: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 50 US: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 51 US: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 52 US: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.2.3 CANADA
10.2.3.1 Availability of vast natural resources to contribute to market growth
TABLE 53 CANADA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 54 CANADA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 55 CANADA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 56 CANADA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 57 CANADA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 58 CANADA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 59 CANADA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 60 CANADA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.2.4 MEXICO
10.2.4.1 Rising population to drive demand for power generation
TABLE 61 MEXICO: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 62 MEXICO: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 63 MEXICO: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 64 MEXICO: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 65 MEXICO: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 66 MEXICO: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 67 MEXICO: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 68 MEXICO: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.3 EUROPE
10.3.1 RECESSION IMPACT
FIGURE 38 EUROPE: HEAT EXCHANGER MARKET SNAPSHOT
TABLE 69 EUROPE: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 70 EUROPE: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 71 EUROPE: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (UNIT)
TABLE 72 EUROPE: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (UNIT)
TABLE 73 EUROPE: HEAT EXCHANGER MARKET, BY MATERIAL, 2020–2023 (USD MILLION)
TABLE 74 EUROPE: HEAT EXCHANGER MARKET, BY MATERIAL, 2024–2029 (USD MILLION)
TABLE 75 EUROPE: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 76 EUROPE: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 77 EUROPE: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 78 EUROPE: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 79 EUROPE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 80 EUROPE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 81 EUROPE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 82 EUROPE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.3.2 GERMANY
10.3.2.1 Energy transition to drive market
TABLE 83 GERMANY: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 84 GERMANY: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 85 GERMANY: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 86 GERMANY: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 87 GERMANY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 88 GERMANY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 89 GERMANY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 90 GERMANY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.3.3 FRANCE
10.3.3.1 Carbon neutrality initiative to influence market growth
TABLE 91 FRANCE: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 92 FRANCE: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 93 FRANCE: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 94 FRANCE: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 95 FRANCE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 96 FRANCE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 97 FRANCE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 98 FRANCE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.3.4 UK
10.3.4.1 Sustainable and energy-efficient heating solutions to boost market
TABLE 99 UK: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 100 UK: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 101 UK: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 102 UK: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 103 UK: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 104 UK: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 105 UK: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 106 UK: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.3.5 ITALY
10.3.5.1 Need for sustainability to drive market
TABLE 107 ITALY: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 108 ITALY: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 109 ITALY: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 110 ITALY: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 111 ITALY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 112 ITALY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 113 ITALY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 114 ITALY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.3.6 RUSSIA
10.3.6.1 Oil & gas sector to boost demand for heat exchangers
TABLE 115 RUSSIA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 116 RUSSIA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 117 RUSSIA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 118 RUSSIA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 119 RUSSIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 120 RUSSIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 121 RUSSIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 122 RUSSIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.3.7 TURKEY
10.3.7.1 Urbanization and improving living standards to boost demand
TABLE 123 TURKEY: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 124 TURKEY: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 125 TURKEY: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 126 TURKEY: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 127 TURKEY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 128 TURKEY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 129 TURKEY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 130 TURKEY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.3.8 REST OF EUROPE
TABLE 131 REST OF EUROPE: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 132 REST OF EUROPE: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 133 REST OF EUROPE: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 134 REST OF EUROPE: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 135 REST OF EUROPE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 136 REST OF EUROPE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 137 REST OF EUROPE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 138 REST OF EUROPE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.4 ASIA PACIFIC
10.4.1 RECESSION IMPACT
FIGURE 39 ASIA PACIFIC: HEAT EXCHANGER MARKET SNAPSHOT
TABLE 139 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 140 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 141 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (UNIT)
TABLE 142 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (UNIT)
TABLE 143 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY MATERIAL, 2020–2023 (USD MILLION)
TABLE 144 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY MATERIAL, 2024–2029 (USD MILLION)
TABLE 145 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 146 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 147 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 148 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 149 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 150 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 151 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 152 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.4.2 CHINA
10.4.2.1 Rapid industrialization and thriving end-use industries to grow market
TABLE 153 CHINA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 154 CHINA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 155 CHINA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 156 CHINA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 157 CHINA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 158 CHINA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 159 CHINA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 160 CHINA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.4.3 JAPAN
10.4.3.1 Food & beverage, construction, and nuclear power industries to drive market
TABLE 161 JAPAN: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 162 JAPAN: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 163 JAPAN: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 164 JAPAN: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 165 JAPAN: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 166 JAPAN: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 167 JAPAN: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 168 JAPAN: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.4.4 INDIA
10.4.4.1 Rapid industrialization in energy and power generation end-use industries to boost demand
TABLE 169 INDIA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 170 INDIA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 171 INDIA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 172 INDIA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 173 INDIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 174 INDIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 175 INDIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 176 INDIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.4.5 SOUTH KOREA
10.4.5.1 Rising commercial construction to boost market
TABLE 177 SOUTH KOREA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 178 SOUTH KOREA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 179 SOUTH KOREA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 180 SOUTH KOREA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 181 SOUTH KOREA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 182 SOUTH KOREA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 183 SOUTH KOREA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 184 SOUTH KOREA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.4.6 REST OF ASIA PACIFIC
TABLE 185 REST OF ASIA PACIFIC: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 186 REST OF ASIA PACIFIC: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 187 REST OF ASIA PACIFIC: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 188 REST OF ASIA PACIFIC: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 189 REST OF ASIA PACIFIC: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 190 REST OF ASIA PACIFIC: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 191 REST OF ASIA PACIFIC: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 192 REST OF ASIA PACIFIC: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.5 SOUTH AMERICA
10.5.1 RECESSION IMPACT
TABLE 193 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 194 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 195 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (UNIT)
TABLE 196 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (UNIT)
TABLE 197 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY MATERIAL, 2020–2023 (USD MILLION)
TABLE 198 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY MATERIAL, 2024–2029 (USD MILLION)
TABLE 199 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 200 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 201 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 202 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 203 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 204 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 205 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 206 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.5.2 BRAZIL
10.5.2.1 Energy transition due to natural calamity to influence market
TABLE 207 BRAZIL: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 208 BRAZIL: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 209 BRAZIL: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 210 BRAZIL: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 211 BRAZIL: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 212 BRAZIL: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 213 BRAZIL: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 214 BRAZIL: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.5.3 ARGENTINA
10.5.3.1 Focus on non-hydro renewable sources to boost demand
TABLE 215 ARGENTINA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 216 ARGENTINA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 217 ARGENTINA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 218 ARGENTINA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 219 ARGENTINA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 220 ARGENTINA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 221 ARGENTINA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 222 ARGENTINA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.5.4 REST OF SOUTH AMERICA
TABLE 223 REST OF SOUTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 224 REST OF SOUTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 225 REST OF SOUTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 226 REST OF SOUTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 227 REST OF SOUTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 228 REST OF SOUTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 229 REST OF SOUTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 230 REST OF SOUTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.6 MIDDLE EAST & AFRICA
10.6.1 IMPACT OF RECESSION
TABLE 231 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 232 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 233 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (UNIT)
TABLE 234 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (UNIT)
TABLE 235 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY MATERIAL, 2020–2023 (USD MILLION)
TABLE 236 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY MATERIAL, 2024–2029 (USD MILLION)
TABLE 237 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 238 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 239 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 240 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 241 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 242 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 243 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 244 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.6.2 GCC COUNTRIES
10.6.2.1 Saudi Arabia
10.6.2.1.1 Rising commercial construction and HVAC industry to drive market
TABLE 245 SAUDI ARABIA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 246 SAUDI ARABIA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 247 SAUDI ARABIA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 248 SAUDI ARABIA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 249 SAUDI ARABIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 250 SAUDI ARABIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 251 SAUDI ARABIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 252 SAUDI ARABIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.6.2.2 Qatar
10.6.2.2.1 Oil & gas industry to contribute to rise in demand for heat exchangers
TABLE 253 QATAR: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 254 QATAR: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 255 QATAR: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 256 QATAR: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 257 QATAR: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 258 QATAR: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 259 QATAR: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 260 QATAR: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.6.2.3 Other GCC Countries
10.6.2.3.1 Adoption of district cooling systems to drive market
TABLE 261 OTHER GCC COUNTRIES: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 262 OTHER GCC COUNTRIES: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 263 OTHER GCC COUNTRIES: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 264 OTHER GCC COUNTRIES: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 265 OTHER GCC COUNTRIES: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 266 OTHER GCC COUNTRIES: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 267 OTHER GCC COUNTRIES: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 268 OTHER GCC COUNTRIES: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.6.3 REST OF MIDDLE EAST & AFRICA
TABLE 269 REST OF MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 270 REST OF MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 271 REST OF MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 272 REST OF MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 273 REST OF MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 274 REST OF MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 275 REST OF MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 276 REST OF MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 KEY PLAYER STRATEGIES
FIGURE 40 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN HEAT EXCHANGER MARKET BETWEEN 2019 AND 2023
11.3 REVENUE ANALYSIS, 2021–2023
FIGURE 41 REVENUE ANALYSIS OF KEY COMPANIES IN HEAT EXCHANGER MARKET, 2021–2023
TABLE 277 THREE-YEAR REVENUE ANALYSIS OF KEY COMPANIES IN HEAT EXCHANGER MARKET
11.4 MARKET SHARE ANALYSIS, 2023
FIGURE 42 MARKET SHARES OF LEADING COMPANIES IN HEAT EXCHANGER MARKET, 2023
TABLE 278 HEAT EXCHANGER MARKET: DEGREE OF COMPETITION
11.4.1 MARKET RANKING ANALYSIS
11.5 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 43 COMPANY VALUATION OF LEADING COMPANIES IN HEAT EXCHANGER MARKET, 2023
FIGURE 44 FINANCIAL METRICS OF LEADING COMPANIES IN HEAT EXCHANGER MARKET, 2023
11.6 BRAND/PRODUCT COMPARISON
FIGURE 45 HEAT EXCHANGER MARKET: BRAND/PRODUCT COMPARISON
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
11.7.1 STARS
11.7.2 EMERGING LEADERS
11.7.3 PERVASIVE PLAYERS
11.7.4 PARTICIPANTS
FIGURE 46 HEAT EXCHANGER MARKET: COMPANY EVALUATION MATRIX FOR KEY COMPANIES, 2023
11.7.5 COMPANY FOOTPRINT
11.7.5.1 Company type footprint
TABLE 279 HEAT EXCHANGER MARKET: COMPANY TYPE FOOTPRINT
11.7.5.2 Company material footprint
TABLE 280 HEAT EXCHANGER MARKET: COMPANY MATERIAL FOOTPRINT
11.7.5.3 Company end-use industry footprint
TABLE 281 HEAT EXCHANGER MARKET: COMPANY END-USE INDUSTRY FOOTPRINT
11.7.5.4 Company region footprint
TABLE 282 HEAT EXCHANGER MARKET: COMPANY REGION FOOTPRINT
11.7.5.5 Company overall footprint
TABLE 283 HEAT EXCHANGER MARKET: COMPANY OVERALL FOOTPRINT
11.8 COMPANY EVALUATION MATRIX: START-UPS AND SMES, 2023
11.8.1 PROGRESSIVE COMPANIES
11.8.2 RESPONSIVE COMPANIES
11.8.3 DYNAMIC COMPANIES
11.8.4 STARTING BLOCKS
FIGURE 47 HEAT EXCHANGER MARKET: START-UPS AND SMES EVALUATION MATRIX, 2023
11.8.5 COMPETITIVE BENCHMARKING
TABLE 284 HEAT EXCHANGER MARKET: LIST OF KEY START-UPS/SMES
TABLE 285 HEAT EXCHANGER MARKET: COMPETITIVE BENCHMARKING OF START-UPS/SMES
11.9 COMPETITIVE SCENARIO AND TRENDS
11.9.1 PRODUCT LAUNCHES
TABLE 286 HEAT EXCHANGER MARKET: PRODUCT LAUNCHES, JANUARY 2019–APRIL 2024
11.9.2 DEALS
TABLE 287 HEAT EXCHANGER MARKET: DEALS, FEBRUARY 2019 – DECEMBER 2023
11.9.3 EXPANSIONS
TABLE 288 HEAT EXCHANGER MARKET: EXPANSIONS, JANUARY 2019 – SEPTEMBER 2023
12 COMPANY PROFILES
(Business overview, Products/Solutions/Services offered, Recent Developments, Product launches, Deals, Expansions, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats) *
12.1 KEY PLAYERS
12.1.1 ALFA LAVAL
TABLE 289 ALFA LAVAL: COMPANY OVERVIEW
FIGURE 48 ALFA LAVAL: COMPANY SNAPSHOT
TABLE 290 ALFA LAVAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 291 HEAT EXCHANGER MARKET: PRODUCT LAUNCHES, APRIL 2019 – APRIL 2024
TABLE 292 HEAT EXCHANGER MARKET: DEALS, FEBRUARY 2021 – DECEMBER 2023
TABLE 293 HEAT EXCHANGER MARKET: EXPANSIONS, JUNE 2019 – FEBRUARY 2021
12.1.2 KELVION HOLDING GMBH
TABLE 294 KELVION HOLDING GMBH: COMPANY OVERVIEW
TABLE 295 KELVION HOLDING GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 296 HEAT EXCHANGER: PRODUCT LAUNCHES, JANUARY 2019 – MAY 2021
TABLE 297 HEAT EXCHANGER MARKET: EXPANSIONS, OCTOBER 2021 – SEPTEMBER 2023
12.1.3 DANFOSS
TABLE 298 DANFOSS: COMPANY OVERVIEW
FIGURE 49 DANFOSS: COMPANY SNAPSHOT
TABLE 299 DANFOSS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 300 HEAT EXCHANGER MARKET: PRODUCT LAUNCHES, DECEMBER 2020 – APRIL 2023
TABLE 301 HEAT EXCHANGER MARKET: DEALS, MARCH 2023 – NOVEMBER 2023
TABLE 302 HEAT EXCHANGER MARKET: EXPANSIONS, AUGUST 2018
12.1.4 EXCHANGER INDUSTRIES LIMITED
TABLE 303 EXCHANGER INDUSTRIES LIMITED: COMPANY OVERVIEW
TABLE 304 EXCHANGER INDUSTRIES LIMITED: PRODUCT OFFERINGS
TABLE 305 HEAT EXCHANGER MARKET: PRODUCT LAUNCHES, NOVEMBER 2020
TABLE 306 HEAT EXCHANGER MARKET: DEALS, JULY 2021
12.1.5 MERSEN
TABLE 307 MERSEN: COMPANY OVERVIEW
FIGURE 50 MERSEN: COMPANY SNAPSHOT
TABLE 308 MERSEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 309 HEAT EXCHANGER MARKET: DEALS, NOVEMBER 2019
12.1.6 API HEAT TRANSFER
TABLE 310 API HEAT TRANSFER: COMPANY OVERVIEW
TABLE 311 API HEAT TRANSFER: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.7 BOYD
TABLE 312 BOYD: COMPANY OVERVIEW
TABLE 313 BOYD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 314 HEAT EXCHANGER MARKET: DEALS
TABLE 315 HEAT EXCHANGER MARKET: EXPANSIONS, JANUARY 2021 – JUNE 2021
12.1.8 H. GЬNTNER (UK) LIMITED
TABLE 316 H. GЬNTNER (UK) LIMITED: COMPANY OVERVIEW
TABLE 317 H. GЬNTNER (UK) LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 318 HEAT EXCHANGER MARKET: DEALS, OCTOBER 2022
12.1.9 JOHNSON CONTROLS
TABLE 319 JOHNSON CONTROLS: COMPANY OVERVIEW
FIGURE 51 JOHNSON CONTROLS: COMPANY SNAPSHOT
TABLE 320 JOHNSON CONTROLS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 321 HEAT EXCHANGER MARKET: PRODUCT LAUNCHES, FEBRUARY 2020
12.1.10 XYLEM
TABLE 322 XYLEM: COMPANY OVERVIEW
FIGURE 52 XYLEM: COMPANY SNAPSHOT
TABLE 323 XYLEM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.11 WABTEC CORPORATION
TABLE 324 WABTEC CORPORATION: COMPANY OVERVIEW
FIGURE 53 WABTEC CORPORATION: COMPANY SNAPSHOT
TABLE 325 WABTEC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 326 HEAT EXCHANGER MARKET: DEALS, FEBRUARY 2019 – DECEMBER 2020
TABLE 327 HEAT EXCHANGER MARKET: EXPANSIONS, OCTOBER 2021
12.1.12 SPX FLOW
TABLE 328 SPX FLOW: COMPANY OVERVIEW
FIGURE 54 SPX FLOW: COMPANY SNAPSHOT
TABLE 329 SPX FLOW: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.13 LU-VE S.P.A.
TABLE 330 LU-VE S.P.A.: COMPANY OVERVIEW
FIGURE 55 LU-VE S.P.A.: COMPANY SNAPSHOT
TABLE 331 LU-VE S.P.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 332 HEAT EXCHANGER: DEALS, APRIL 2019 – MARCH 2022
TABLE 333 HEAT EXCHANGER MARKET: EXPANSIONS, JUNE 2019
12.1.14 LENNOX INTERNATIONAL INC.
TABLE 334 LENNOX INTERNATIONAL INC.: COMPANY OVERVIEW
FIGURE 56 LENNOX INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 335 LENNOX INTERNATIONAL INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.15 MODINE MANUFACTURING COMPANY
TABLE 336 MODINE MANUFACTURING COMPANY: COMPANY OVERVIEW
FIGURE 57 MODINE MANUFACTURING COMPANY: COMPANY SNAPSHOT
TABLE 337 MODINE MANUFACTURING COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 338 HEAT EXCHANGER MARKET: DEALS, JULY 2023 – AUGUST 2023
12.1.16 WEILAND
TABLE 339 WEILAND: COMPANY OVERVIEW
TABLE 340 WEILAND: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 341 HEAT EXCHANGER MARKET: DEALS, FEBRUARY 2022
TABLE 342 HEAT EXCHANGER MARKET: OTHERS, NOVEMBER 2023
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, Product launches, Deals, Expansions, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.
12.2 OTHER PLAYERS
12.2.1 AIR PRODUCTS AND CHEMICALS, INC.
12.2.2 BARRIQUAND HEAT EXCHANGERS
12.2.3 BRASK, INC.
12.2.4 CATARACT STEEL
12.2.5 CHART INDUSTRIES
12.2.6 DOOSAN CORPORATION
12.2.7 FUNKEWДRMETAUSCHER APPARATEBAU GMBH
12.2.8 HISAKA WORKS, LTD.
TABLE 343 HISAKA WORKS, LTD.: COMPANY OVERVIEW
12.2.9 HINDUSTAN DORR-OLIVER LTD.
TABLE 344 HINDUSTAN DORR-OLIVER LTD.: COMPANY OVERVIEW
12.2.10 KOCH HEAT TRANSFER COMPANY
TABLE 345 KOCH HEAT TRANSFER COMPANY: COMPANY OVERVIEW
12.2.11 RADIANT HEAT EXCHANGER PVT. LTD.
TABLE 346 RADIANT HEAT EXCHANGER PVT. LTD.: COMPANY OVERVIEW
12.2.12 SWEP INTERNATIONAL AB
TABLE 347 SWEP INTERNATIONAL AB: COMPANY OVERVIEW
12.2.13 THERMAX LIMITED
TABLE 348 THERMAX LIMITED: COMPANY OVERVIEW
12.2.14 SIERRA S.P.A.
TABLE 349 SIERRA S.P.A.: COMPANY OVERVIEW
12.2.15 VAHTERUS OY
TABLE 350 VAHTERUS OY: COMPANY OVERVIEW
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 CUSTOMIZATION OPTIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 UNITS CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
1.8 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 HEAT EXCHANGER MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 List of primary interview participants – demand and supply side
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of interviews with experts
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 2 HEAT EXCHANGER MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
FIGURE 3 HEAT EXCHANGER MARKET: TOP-DOWN APPROACH
FIGURE 4 MARKET SIZE ESTIMATION: HEAT EXCHANGER MARKET TOP-DOWN APPROACH
2.3 GROWTH RATE ASSUMPTION
FIGURE 5 DEMAND-SIDE FORECAST PROJECTIONS
2.4 DATA TRIANGULATION
FIGURE 6 HEAT EXCHANGER MARKET: DATA TRIANGULATION
2.5 FACTOR ANALYSIS
2.6 RESEARCH ASSUMPTIONS
2.7 RESEARCH LIMITATIONS
2.8 RISK ASSESSMENT
2.9 RECESSION IMPACT
3 EXECUTIVE SUMMARY
FIGURE 7 SHELL & TUBE SEGMENT TO ACCOUNT FOR LARGEST SHARE OF OVERALL HEAT EXCHANGER MARKET
FIGURE 8 METALS TO BE LARGEST MATERIAL SEGMENT IN HEAT EXCHANGER MARKET
FIGURE 9 ENERGY TO BE FASTEST-GROWING END-USE INDUSTRY OF HEAT EXCHANGERS DURING FORECAST PERIOD
FIGURE 10 ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HEAT EXCHANGER MARKET
FIGURE 11 ASIA PACIFIC TO WITNESS HIGH GROWTH DURING FORECAST PERIOD
4.2 HEAT EXCHANGER MARKET, BY TYPE
FIGURE 12 PLATE & FRAME TYPE TO LEAD HEAT EXCHANGER MARKET DURING FORECAST PERIOD
4.3 HEAT EXCHANGER MARKET, BY END-USE INDUSTRY
FIGURE 13 HVAC & REFRIGERATION TO BE LARGEST END-USE INDUSTRY DURING FORECAST PERIOD
4.4 HEAT EXCHANGER MARKET, BY COUNTRY
FIGURE 14 INDIA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 15 MARKET DYNAMICS OF HEAT EXCHANGER MARKET
5.2.1 DRIVERS
5.2.1.1 Increasing industrialization in emerging economies
5.2.1.2 Rising energy efficiency regulations and stringent emission standards
5.2.1.3 Growing demand for HVAC & refrigeration equipment
5.2.1.4 Growing demand for heat pumps
5.2.1.5 Rising demand for sustainable, low energy consumption, and cost-effective heat exchangers
5.2.2 RESTRAINTS
5.2.2.1 Fluctuation in raw material prices
5.2.2.2 Lack of awareness of energy efficiency
5.2.2.3 Growing demand for battery electric vehicles
5.2.2.4 Sluggish growth rates
5.2.3 OPPORTUNITIES
5.2.3.1 Growing number of nuclear power plants
5.2.3.2 Growing aftermarket of heat exchangers
5.2.4 CHALLENGES
5.2.4.1 Regulations concerning fluorinated greenhouse gases
5.2.4.2 Capital-intensive market
5.3 PORTER’S FIVE FORCES ANALYSIS
FIGURE 16 PORTER’S FIVE FORCES ANALYSIS OF HEAT EXCHANGER MARKET
5.3.1 THREAT OF SUBSTITUTES
5.3.2 BARGAINING POWER OF SUPPLIERS
5.3.3 THREAT OF NEW ENTRANTS
5.3.4 BARGAINING POWER OF BUYERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
TABLE 1 HEAT EXCHANGER MARKET: PORTER’S FIVE FORCES ANALYSIS
5.4 MACROECONOMIC INDICATORS
5.4.1 GLOBAL GDP TRENDS
TABLE 2 TRENDS OF PER CAPITA GDP, 2020–2023 (USD)
TABLE 3 GDP GROWTH ESTIMATE AND PROJECTION OF KEY COUNTRIES, 2024–2027
5.4.2 OIL & GAS STATISTICS
TABLE 4 OIL PRODUCTION, BY COUNTRY, 2021–2022, THOUSAND BARRELS DAILY
5.4.3 POWER GENERATION STATISTICS
TABLE 5 POWER GENERATED IN KEY COUNTRIES, 2018 –2021, TERAWATT HOUR (TWH)
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
FIGURE 17 HEAT EXCHANGER MARKET: VALUE CHAIN ANALYSIS
6.2.1 RAW MATERIAL SOURCING
6.2.2 MANUFACTURING
6.2.3 DISTRIBUTION
6.2.4 END USERS
TABLE 6 HEAT EXCHANGER MARKET: VALUE CHAIN STAKEHOLDERS
6.3 REGULATORY LANDSCAPE
6.3.1 REGULATIONS
6.3.1.1 North America
6.3.1.2 Europe
6.3.1.3 Asia Pacific
6.3.2 STANDARDS
6.3.2.1 ISO 27.060.30
6.3.2.2 BS EN 308:2022
6.3.2.3 ASME Boiler and Pressure Vessel Code (BPVC)
6.3.2.4 TEMA (Tubular Exchanger Manufacturers Association) Standards
6.3.2.5 API (American Petroleum Institute) Standards
6.3.2.6 PD500 Standards
6.3.2.7 EN 13445 Standards
6.3.3 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 7 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 8 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.4 TRADE ANALYSIS
6.4.1 HS CODE
6.4.2 IMPORT SCENARIO
FIGURE 18 HEAT EXCHANGERS, KEY COUNTRY, 2019–2023 (USD MILLION)
6.4.3 EXPORT SCENARIO
FIGURE 19 HEAT EXCHANGERS, KEY COUNTRY, 2019–2023 (USD MILLION)
6.5 PRICING ANALYSIS
6.5.1 AVERAGE SELLING PRICE TREND, BY REGION
FIGURE 20 AVERAGE SELLING PRICE, BY REGION (USD/UNIT)
6.5.2 AVERAGE SELLING PRICE, BY TYPE
FIGURE 21 AVERAGE SELLING PRICE, BY TYPE (USD/UNIT)
6.5.3 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY
FIGURE 22 AVERAGE SELLING PRICE, BY KEY MARKET PLAYERS (USD/UNIT)
6.6 INVESTMENT AND FUNDING SCENARIO
FIGURE 23 INVESTMENT AND FUNDING SCENARIO, 2019–2023 (USD MILLION)
6.7 ECOSYSTEM/MARKET MAP
FIGURE 24 HEAT EXCHANGER MARKET: ECOSYSTEM
6.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
FIGURE 25 TRENDS IN HEAT EXCHANGER MARKET
6.9 TECHNOLOGY ANALYSIS
6.9.1 KEY TECHNOLOGY
6.9.1.1 Microchannel heat exchangers
6.9.1.2 Multi-functional heat exchangers
6.9.1.3 Nanotechnology-enhanced heat exchangers
6.9.2 COMPLEMENTARY TECHNOLOGY
6.9.2.1 3D-printed heat exchangers
6.9.2.2 Compact and microgroove heat exchangers
6.10 CASE STUDY ANALYSIS
6.10.1 API HEAT TRANSFER
6.10.2 BOYD
6.10.3 API HEAT TRANSFER
6.11 KEY CONFERENCES & EVENTS, 2024–2025
TABLE 10 HEAT EXCHANGER MARKET: KEY CONFERENCES & EVENTS, 2024–2025
6.12 PATENT ANALYSIS
6.12.1 METHODOLOGY
6.12.2 PATENT TYPES
FIGURE 26 HEAT EXCHANGER MARKET: GRANTED PATENTS
6.12.3 PUBLICATION TRENDS IN LAST 10 YEARS
FIGURE 27 NUMBER OF PATENTS YEAR-WISE FROM 2013 TO 2023
6.12.4 INSIGHTS
6.12.5 LEGAL STATUS OF PATENTS
6.12.6 JURISDICTION ANALYSIS
FIGURE 28 TOP JURISDICTION
6.12.7 TOP APPLICANTS
FIGURE 29 TOP 10 PATENT APPLICANTS
TABLE 11 PATENTS BY RAYTHEON TECHNOLOGIES CORPORATION
TABLE 12 PATENTS BY DENSO CORPORATION
TABLE 13 PATENTS BY MITSUBISHI ELECTRIC CORPORATION
TABLE 14 TOP 10 PATENT OWNERS DURING LAST 12 YEARS
6.13 KEY STAKEHOLDERS AND BUYING CRITERIA
6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS
TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%)
6.13.2 BUYING CRITERIA
FIGURE 31 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
TABLE 16 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
6.14 FUNDING, BY APPLICATION
FIGURE 32 FUNDING, BY APPLICATION
7 HEAT EXCHANGER MARKET, BY TYPE
7.1 INTRODUCTION
FIGURE 33 PLATE & FRAME HEAT EXCHANGERS PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 17 HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 18 HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 19 HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 20 HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
7.2 SHELL & TUBE HEAT EXCHANGERS
7.2.1 INCREASING DEMAND FROM VARIOUS END-USE INDUSTRIES TO DRIVE MARKET
7.2.2 TUBULAR HEAT EXCHANGERS
7.2.3 FIXED TUBE HEAT EXCHANGERS
7.2.4 U-TUBE HEAT EXCHANGERS
7.2.5 FLOATING HEAD HEAT EXCHANGERS
7.3 PLATE & FRAME HEAT EXCHANGERS
7.3.1 COST-EFFECTIVENESS AND DURABILITY TO DRIVE MARKET
7.3.2 GASKETED PLATE & FRAME HEAT EXCHANGERS
7.3.3 WELDED PLATE & FRAME HEAT EXCHANGERS
7.3.4 BRAZED HEAT EXCHANGERS
7.4 AIR COOLED HEAT EXCHANGERS
7.4.1 INCREASING USE IN CHEMICAL AND ENERGY INDUSTRIES TO DRIVE MARKET
7.4.2 FORCED DRAFT HEAT EXCHANGERS
7.4.3 INDUCED DRAFT HEAT EXCHANGERS
7.5 OTHER TYPES
7.5.1 EXTENDED SURFACE HEAT EXCHANGERS
7.5.2 REGENERATIVE HEAT EXCHANGERS
8 HEAT EXCHANGER MARKET, BY MATERIAL
8.1 INTRODUCTION
FIGURE 34 METALS SEGMENT TO DOMINATE HEAT EXCHANGER MARKET DURING FORECAST PERIOD
TABLE 21 HEAT EXCHANGER MARKET, BY MATERIAL, 2020–2023 (USD MILLION)
TABLE 22 HEAT EXCHANGER MARKET, BY MATERIAL, 2024–2029 (USD MILLION)
8.1.1 METALS
8.1.1.1 High thermal conductivity and durability to drive market
8.1.1.2 Steel
8.1.1.2.1 Carbon steel
8.1.1.2.2 Stainless steel
8.1.1.3 Copper
8.1.1.4 Aluminum
8.1.1.5 Titanium
8.1.1.6 Nickel
8.1.1.7 Other metals
8.1.2 ALLOYS
8.1.2.1 Extreme environmentally friendly nature to drive market
8.1.2.2 Nickel alloys
8.1.2.2.1 Hastelloy alloys
8.1.2.2.2 Inconel alloys
8.1.2.2.3 Monel alloys
8.1.2.2.4 Other nickel alloys
8.1.2.3 Copper alloys
8.1.2.4 Titanium alloys
8.1.2.5 Other alloys
8.1.3 BRAZING CLAD MATERIALS
8.1.3.1 Enhanced corrosion resistance and thermal conductivity to drive market
8.1.3.2 Copper brazing
8.1.3.3 Ni clad brazing
8.1.3.4 Phosphor copper brazing
8.1.3.5 Silver brazing
8.1.3.6 Other brazing clad materials
9 HEAT EXCHANGER MARKET, BY END-USE INDUSTRY
9.1 INTRODUCTION
FIGURE 35 HVAC & REFRIGERATION INDUSTRY TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 23 HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 24 HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 25 HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 26 HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
9.2 CHEMICALS
9.2.1 EXTENSIVE USE IN CHEMICAL INDUSTRY TO DRIVE MARKET
9.2.2 BASE CHEMICALS
9.2.3 INTERMEDIATE CHEMICALS
9.2.4 SPECIALTY CHEMICALS
9.3 ENERGY
9.3.1 INCREASING USE FOR HEAT RECOVERY TO DRIVE MARKET
9.3.2 PETROCHEMICALS
9.3.3 OIL & GAS
9.4 HVAC & REFRIGERATION
9.4.1 POPULATION GROWTH, URBANIZATION, AND RISING INCOME TO DRIVE MARKET
9.4.2 DISTRICT HEATING & COOLING
9.4.3 COMMERCIAL REFRIGERATION
9.4.4 AIR CONDITIONING
9.4.5 INDUSTRIAL REFRIGERATION
9.5 FOOD & BEVERAGES
9.5.1 NEED FOR ENERGY EFFICIENCY AND STRINGENT ENVIRONMENTAL REGULATIONS TO DRIVE MARKET
9.5.2 PROCESS FOOD
9.5.3 DAIRY
9.5.4 SUGAR & ETHANOL PRODUCTION
9.5.5 OTHER FOOD & BEVERAGES
9.6 POWER
9.6.1 ENHANCEMENT IN THERMAL MANAGEMENT TO DRIVE MARKET
9.6.2 RENEWABLE
9.6.3 NON-RENEWABLE
9.7 PULP & PAPER
9.7.1 REDUCED FUEL CONSUMPTION AND LOWER OPERATING COSTS TO DRIVE MARKET
9.8 OTHER END-USE INDUSTRIES
9.8.1 METALLURGICAL
9.8.2 WASTEWATER TREATMENT
9.8.3 MINING
10 HEAT EXCHANGER MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 36 INDIA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD
TABLE 27 HEAT EXCHANGER MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 28 HEAT EXCHANGER MARKET, BY REGION, 2024–2029 (USD MILLION)
TABLE 29 HEAT EXCHANGER MARKET, BY REGION, 2020–2023 (UNIT)
TABLE 30 HEAT EXCHANGER MARKET, BY REGION, 2024–2029 (UNIT)
10.2 NORTH AMERICA
10.2.1 RECESSION IMPACT
FIGURE 37 NORTH AMERICA: HEAT EXCHANGER MARKET SNAPSHOT
TABLE 31 NORTH AMERICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 32 NORTH AMERICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 33 NORTH AMERICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (UNIT)
TABLE 34 NORTH AMERICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (UNIT)
TABLE 35 NORTH AMERICA: HEAT EXCHANGER MARKET, BY MATERIAL, 2020–2023 (USD MILLION)
TABLE 36 NORTH AMERICA: HEAT EXCHANGER MARKET, BY MATERIAL, 2024–2029 (USD MILLION)
TABLE 37 NORTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 38 NORTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 39 NORTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 40 NORTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 41 NORTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 42 NORTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 43 NORTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 44 NORTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.2.2 US
10.2.2.1 Change in efficiency standards by DOE to drive market
TABLE 45 US: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 46 US: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 47 US: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 48 US: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 49 US: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 50 US: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 51 US: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 52 US: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.2.3 CANADA
10.2.3.1 Availability of vast natural resources to contribute to market growth
TABLE 53 CANADA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 54 CANADA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 55 CANADA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 56 CANADA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 57 CANADA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 58 CANADA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 59 CANADA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 60 CANADA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.2.4 MEXICO
10.2.4.1 Rising population to drive demand for power generation
TABLE 61 MEXICO: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 62 MEXICO: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 63 MEXICO: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 64 MEXICO: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 65 MEXICO: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 66 MEXICO: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 67 MEXICO: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 68 MEXICO: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.3 EUROPE
10.3.1 RECESSION IMPACT
FIGURE 38 EUROPE: HEAT EXCHANGER MARKET SNAPSHOT
TABLE 69 EUROPE: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 70 EUROPE: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 71 EUROPE: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (UNIT)
TABLE 72 EUROPE: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (UNIT)
TABLE 73 EUROPE: HEAT EXCHANGER MARKET, BY MATERIAL, 2020–2023 (USD MILLION)
TABLE 74 EUROPE: HEAT EXCHANGER MARKET, BY MATERIAL, 2024–2029 (USD MILLION)
TABLE 75 EUROPE: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 76 EUROPE: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 77 EUROPE: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 78 EUROPE: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 79 EUROPE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 80 EUROPE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 81 EUROPE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 82 EUROPE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.3.2 GERMANY
10.3.2.1 Energy transition to drive market
TABLE 83 GERMANY: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 84 GERMANY: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 85 GERMANY: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 86 GERMANY: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 87 GERMANY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 88 GERMANY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 89 GERMANY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 90 GERMANY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.3.3 FRANCE
10.3.3.1 Carbon neutrality initiative to influence market growth
TABLE 91 FRANCE: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 92 FRANCE: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 93 FRANCE: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 94 FRANCE: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 95 FRANCE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 96 FRANCE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 97 FRANCE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 98 FRANCE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.3.4 UK
10.3.4.1 Sustainable and energy-efficient heating solutions to boost market
TABLE 99 UK: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 100 UK: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 101 UK: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 102 UK: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 103 UK: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 104 UK: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 105 UK: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 106 UK: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.3.5 ITALY
10.3.5.1 Need for sustainability to drive market
TABLE 107 ITALY: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 108 ITALY: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 109 ITALY: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 110 ITALY: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 111 ITALY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 112 ITALY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 113 ITALY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 114 ITALY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.3.6 RUSSIA
10.3.6.1 Oil & gas sector to boost demand for heat exchangers
TABLE 115 RUSSIA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 116 RUSSIA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 117 RUSSIA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 118 RUSSIA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 119 RUSSIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 120 RUSSIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 121 RUSSIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 122 RUSSIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.3.7 TURKEY
10.3.7.1 Urbanization and improving living standards to boost demand
TABLE 123 TURKEY: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 124 TURKEY: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 125 TURKEY: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 126 TURKEY: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 127 TURKEY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 128 TURKEY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 129 TURKEY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 130 TURKEY: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.3.8 REST OF EUROPE
TABLE 131 REST OF EUROPE: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 132 REST OF EUROPE: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 133 REST OF EUROPE: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 134 REST OF EUROPE: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 135 REST OF EUROPE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 136 REST OF EUROPE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 137 REST OF EUROPE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 138 REST OF EUROPE: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.4 ASIA PACIFIC
10.4.1 RECESSION IMPACT
FIGURE 39 ASIA PACIFIC: HEAT EXCHANGER MARKET SNAPSHOT
TABLE 139 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 140 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 141 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (UNIT)
TABLE 142 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (UNIT)
TABLE 143 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY MATERIAL, 2020–2023 (USD MILLION)
TABLE 144 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY MATERIAL, 2024–2029 (USD MILLION)
TABLE 145 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 146 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 147 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 148 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 149 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 150 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 151 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 152 ASIA PACIFIC: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.4.2 CHINA
10.4.2.1 Rapid industrialization and thriving end-use industries to grow market
TABLE 153 CHINA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 154 CHINA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 155 CHINA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 156 CHINA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 157 CHINA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 158 CHINA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 159 CHINA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 160 CHINA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.4.3 JAPAN
10.4.3.1 Food & beverage, construction, and nuclear power industries to drive market
TABLE 161 JAPAN: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 162 JAPAN: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 163 JAPAN: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 164 JAPAN: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 165 JAPAN: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 166 JAPAN: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 167 JAPAN: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 168 JAPAN: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.4.4 INDIA
10.4.4.1 Rapid industrialization in energy and power generation end-use industries to boost demand
TABLE 169 INDIA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 170 INDIA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 171 INDIA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 172 INDIA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 173 INDIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 174 INDIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 175 INDIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 176 INDIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.4.5 SOUTH KOREA
10.4.5.1 Rising commercial construction to boost market
TABLE 177 SOUTH KOREA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 178 SOUTH KOREA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 179 SOUTH KOREA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 180 SOUTH KOREA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 181 SOUTH KOREA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 182 SOUTH KOREA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 183 SOUTH KOREA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 184 SOUTH KOREA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.4.6 REST OF ASIA PACIFIC
TABLE 185 REST OF ASIA PACIFIC: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 186 REST OF ASIA PACIFIC: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 187 REST OF ASIA PACIFIC: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 188 REST OF ASIA PACIFIC: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 189 REST OF ASIA PACIFIC: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 190 REST OF ASIA PACIFIC: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 191 REST OF ASIA PACIFIC: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 192 REST OF ASIA PACIFIC: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.5 SOUTH AMERICA
10.5.1 RECESSION IMPACT
TABLE 193 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 194 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 195 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (UNIT)
TABLE 196 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (UNIT)
TABLE 197 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY MATERIAL, 2020–2023 (USD MILLION)
TABLE 198 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY MATERIAL, 2024–2029 (USD MILLION)
TABLE 199 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 200 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 201 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 202 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 203 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 204 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 205 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 206 SOUTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.5.2 BRAZIL
10.5.2.1 Energy transition due to natural calamity to influence market
TABLE 207 BRAZIL: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 208 BRAZIL: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 209 BRAZIL: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 210 BRAZIL: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 211 BRAZIL: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 212 BRAZIL: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 213 BRAZIL: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 214 BRAZIL: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.5.3 ARGENTINA
10.5.3.1 Focus on non-hydro renewable sources to boost demand
TABLE 215 ARGENTINA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 216 ARGENTINA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 217 ARGENTINA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 218 ARGENTINA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 219 ARGENTINA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 220 ARGENTINA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 221 ARGENTINA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 222 ARGENTINA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.5.4 REST OF SOUTH AMERICA
TABLE 223 REST OF SOUTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 224 REST OF SOUTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 225 REST OF SOUTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 226 REST OF SOUTH AMERICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 227 REST OF SOUTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 228 REST OF SOUTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 229 REST OF SOUTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 230 REST OF SOUTH AMERICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.6 MIDDLE EAST & AFRICA
10.6.1 IMPACT OF RECESSION
TABLE 231 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
TABLE 232 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
TABLE 233 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2020–2023 (UNIT)
TABLE 234 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY COUNTRY, 2024–2029 (UNIT)
TABLE 235 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY MATERIAL, 2020–2023 (USD MILLION)
TABLE 236 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY MATERIAL, 2024–2029 (USD MILLION)
TABLE 237 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 238 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 239 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 240 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 241 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 242 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 243 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 244 MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.6.2 GCC COUNTRIES
10.6.2.1 Saudi Arabia
10.6.2.1.1 Rising commercial construction and HVAC industry to drive market
TABLE 245 SAUDI ARABIA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 246 SAUDI ARABIA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 247 SAUDI ARABIA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 248 SAUDI ARABIA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 249 SAUDI ARABIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 250 SAUDI ARABIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 251 SAUDI ARABIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 252 SAUDI ARABIA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.6.2.2 Qatar
10.6.2.2.1 Oil & gas industry to contribute to rise in demand for heat exchangers
TABLE 253 QATAR: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 254 QATAR: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 255 QATAR: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 256 QATAR: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 257 QATAR: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 258 QATAR: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 259 QATAR: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 260 QATAR: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.6.2.3 Other GCC Countries
10.6.2.3.1 Adoption of district cooling systems to drive market
TABLE 261 OTHER GCC COUNTRIES: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 262 OTHER GCC COUNTRIES: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 263 OTHER GCC COUNTRIES: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 264 OTHER GCC COUNTRIES: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 265 OTHER GCC COUNTRIES: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 266 OTHER GCC COUNTRIES: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 267 OTHER GCC COUNTRIES: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 268 OTHER GCC COUNTRIES: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
10.6.3 REST OF MIDDLE EAST & AFRICA
TABLE 269 REST OF MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (USD MILLION)
TABLE 270 REST OF MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (USD MILLION)
TABLE 271 REST OF MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY TYPE, 2020–2023 (UNIT)
TABLE 272 REST OF MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY TYPE, 2024–2029 (UNIT)
TABLE 273 REST OF MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)
TABLE 274 REST OF MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)
TABLE 275 REST OF MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2020–2023 (UNIT)
TABLE 276 REST OF MIDDLE EAST & AFRICA: HEAT EXCHANGER MARKET, BY END-USE INDUSTRY, 2024–2029 (UNIT)
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 KEY PLAYER STRATEGIES
FIGURE 40 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN HEAT EXCHANGER MARKET BETWEEN 2019 AND 2023
11.3 REVENUE ANALYSIS, 2021–2023
FIGURE 41 REVENUE ANALYSIS OF KEY COMPANIES IN HEAT EXCHANGER MARKET, 2021–2023
TABLE 277 THREE-YEAR REVENUE ANALYSIS OF KEY COMPANIES IN HEAT EXCHANGER MARKET
11.4 MARKET SHARE ANALYSIS, 2023
FIGURE 42 MARKET SHARES OF LEADING COMPANIES IN HEAT EXCHANGER MARKET, 2023
TABLE 278 HEAT EXCHANGER MARKET: DEGREE OF COMPETITION
11.4.1 MARKET RANKING ANALYSIS
11.5 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 43 COMPANY VALUATION OF LEADING COMPANIES IN HEAT EXCHANGER MARKET, 2023
FIGURE 44 FINANCIAL METRICS OF LEADING COMPANIES IN HEAT EXCHANGER MARKET, 2023
11.6 BRAND/PRODUCT COMPARISON
FIGURE 45 HEAT EXCHANGER MARKET: BRAND/PRODUCT COMPARISON
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
11.7.1 STARS
11.7.2 EMERGING LEADERS
11.7.3 PERVASIVE PLAYERS
11.7.4 PARTICIPANTS
FIGURE 46 HEAT EXCHANGER MARKET: COMPANY EVALUATION MATRIX FOR KEY COMPANIES, 2023
11.7.5 COMPANY FOOTPRINT
11.7.5.1 Company type footprint
TABLE 279 HEAT EXCHANGER MARKET: COMPANY TYPE FOOTPRINT
11.7.5.2 Company material footprint
TABLE 280 HEAT EXCHANGER MARKET: COMPANY MATERIAL FOOTPRINT
11.7.5.3 Company end-use industry footprint
TABLE 281 HEAT EXCHANGER MARKET: COMPANY END-USE INDUSTRY FOOTPRINT
11.7.5.4 Company region footprint
TABLE 282 HEAT EXCHANGER MARKET: COMPANY REGION FOOTPRINT
11.7.5.5 Company overall footprint
TABLE 283 HEAT EXCHANGER MARKET: COMPANY OVERALL FOOTPRINT
11.8 COMPANY EVALUATION MATRIX: START-UPS AND SMES, 2023
11.8.1 PROGRESSIVE COMPANIES
11.8.2 RESPONSIVE COMPANIES
11.8.3 DYNAMIC COMPANIES
11.8.4 STARTING BLOCKS
FIGURE 47 HEAT EXCHANGER MARKET: START-UPS AND SMES EVALUATION MATRIX, 2023
11.8.5 COMPETITIVE BENCHMARKING
TABLE 284 HEAT EXCHANGER MARKET: LIST OF KEY START-UPS/SMES
TABLE 285 HEAT EXCHANGER MARKET: COMPETITIVE BENCHMARKING OF START-UPS/SMES
11.9 COMPETITIVE SCENARIO AND TRENDS
11.9.1 PRODUCT LAUNCHES
TABLE 286 HEAT EXCHANGER MARKET: PRODUCT LAUNCHES, JANUARY 2019–APRIL 2024
11.9.2 DEALS
TABLE 287 HEAT EXCHANGER MARKET: DEALS, FEBRUARY 2019 – DECEMBER 2023
11.9.3 EXPANSIONS
TABLE 288 HEAT EXCHANGER MARKET: EXPANSIONS, JANUARY 2019 – SEPTEMBER 2023
12 COMPANY PROFILES
(Business overview, Products/Solutions/Services offered, Recent Developments, Product launches, Deals, Expansions, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats) *
12.1 KEY PLAYERS
12.1.1 ALFA LAVAL
TABLE 289 ALFA LAVAL: COMPANY OVERVIEW
FIGURE 48 ALFA LAVAL: COMPANY SNAPSHOT
TABLE 290 ALFA LAVAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 291 HEAT EXCHANGER MARKET: PRODUCT LAUNCHES, APRIL 2019 – APRIL 2024
TABLE 292 HEAT EXCHANGER MARKET: DEALS, FEBRUARY 2021 – DECEMBER 2023
TABLE 293 HEAT EXCHANGER MARKET: EXPANSIONS, JUNE 2019 – FEBRUARY 2021
12.1.2 KELVION HOLDING GMBH
TABLE 294 KELVION HOLDING GMBH: COMPANY OVERVIEW
TABLE 295 KELVION HOLDING GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 296 HEAT EXCHANGER: PRODUCT LAUNCHES, JANUARY 2019 – MAY 2021
TABLE 297 HEAT EXCHANGER MARKET: EXPANSIONS, OCTOBER 2021 – SEPTEMBER 2023
12.1.3 DANFOSS
TABLE 298 DANFOSS: COMPANY OVERVIEW
FIGURE 49 DANFOSS: COMPANY SNAPSHOT
TABLE 299 DANFOSS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 300 HEAT EXCHANGER MARKET: PRODUCT LAUNCHES, DECEMBER 2020 – APRIL 2023
TABLE 301 HEAT EXCHANGER MARKET: DEALS, MARCH 2023 – NOVEMBER 2023
TABLE 302 HEAT EXCHANGER MARKET: EXPANSIONS, AUGUST 2018
12.1.4 EXCHANGER INDUSTRIES LIMITED
TABLE 303 EXCHANGER INDUSTRIES LIMITED: COMPANY OVERVIEW
TABLE 304 EXCHANGER INDUSTRIES LIMITED: PRODUCT OFFERINGS
TABLE 305 HEAT EXCHANGER MARKET: PRODUCT LAUNCHES, NOVEMBER 2020
TABLE 306 HEAT EXCHANGER MARKET: DEALS, JULY 2021
12.1.5 MERSEN
TABLE 307 MERSEN: COMPANY OVERVIEW
FIGURE 50 MERSEN: COMPANY SNAPSHOT
TABLE 308 MERSEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 309 HEAT EXCHANGER MARKET: DEALS, NOVEMBER 2019
12.1.6 API HEAT TRANSFER
TABLE 310 API HEAT TRANSFER: COMPANY OVERVIEW
TABLE 311 API HEAT TRANSFER: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.7 BOYD
TABLE 312 BOYD: COMPANY OVERVIEW
TABLE 313 BOYD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 314 HEAT EXCHANGER MARKET: DEALS
TABLE 315 HEAT EXCHANGER MARKET: EXPANSIONS, JANUARY 2021 – JUNE 2021
12.1.8 H. GЬNTNER (UK) LIMITED
TABLE 316 H. GЬNTNER (UK) LIMITED: COMPANY OVERVIEW
TABLE 317 H. GЬNTNER (UK) LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 318 HEAT EXCHANGER MARKET: DEALS, OCTOBER 2022
12.1.9 JOHNSON CONTROLS
TABLE 319 JOHNSON CONTROLS: COMPANY OVERVIEW
FIGURE 51 JOHNSON CONTROLS: COMPANY SNAPSHOT
TABLE 320 JOHNSON CONTROLS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 321 HEAT EXCHANGER MARKET: PRODUCT LAUNCHES, FEBRUARY 2020
12.1.10 XYLEM
TABLE 322 XYLEM: COMPANY OVERVIEW
FIGURE 52 XYLEM: COMPANY SNAPSHOT
TABLE 323 XYLEM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.11 WABTEC CORPORATION
TABLE 324 WABTEC CORPORATION: COMPANY OVERVIEW
FIGURE 53 WABTEC CORPORATION: COMPANY SNAPSHOT
TABLE 325 WABTEC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 326 HEAT EXCHANGER MARKET: DEALS, FEBRUARY 2019 – DECEMBER 2020
TABLE 327 HEAT EXCHANGER MARKET: EXPANSIONS, OCTOBER 2021
12.1.12 SPX FLOW
TABLE 328 SPX FLOW: COMPANY OVERVIEW
FIGURE 54 SPX FLOW: COMPANY SNAPSHOT
TABLE 329 SPX FLOW: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.13 LU-VE S.P.A.
TABLE 330 LU-VE S.P.A.: COMPANY OVERVIEW
FIGURE 55 LU-VE S.P.A.: COMPANY SNAPSHOT
TABLE 331 LU-VE S.P.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 332 HEAT EXCHANGER: DEALS, APRIL 2019 – MARCH 2022
TABLE 333 HEAT EXCHANGER MARKET: EXPANSIONS, JUNE 2019
12.1.14 LENNOX INTERNATIONAL INC.
TABLE 334 LENNOX INTERNATIONAL INC.: COMPANY OVERVIEW
FIGURE 56 LENNOX INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 335 LENNOX INTERNATIONAL INC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.15 MODINE MANUFACTURING COMPANY
TABLE 336 MODINE MANUFACTURING COMPANY: COMPANY OVERVIEW
FIGURE 57 MODINE MANUFACTURING COMPANY: COMPANY SNAPSHOT
TABLE 337 MODINE MANUFACTURING COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 338 HEAT EXCHANGER MARKET: DEALS, JULY 2023 – AUGUST 2023
12.1.16 WEILAND
TABLE 339 WEILAND: COMPANY OVERVIEW
TABLE 340 WEILAND: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 341 HEAT EXCHANGER MARKET: DEALS, FEBRUARY 2022
TABLE 342 HEAT EXCHANGER MARKET: OTHERS, NOVEMBER 2023
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, Product launches, Deals, Expansions, MnM view, Right to win, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.
12.2 OTHER PLAYERS
12.2.1 AIR PRODUCTS AND CHEMICALS, INC.
12.2.2 BARRIQUAND HEAT EXCHANGERS
12.2.3 BRASK, INC.
12.2.4 CATARACT STEEL
12.2.5 CHART INDUSTRIES
12.2.6 DOOSAN CORPORATION
12.2.7 FUNKEWДRMETAUSCHER APPARATEBAU GMBH
12.2.8 HISAKA WORKS, LTD.
TABLE 343 HISAKA WORKS, LTD.: COMPANY OVERVIEW
12.2.9 HINDUSTAN DORR-OLIVER LTD.
TABLE 344 HINDUSTAN DORR-OLIVER LTD.: COMPANY OVERVIEW
12.2.10 KOCH HEAT TRANSFER COMPANY
TABLE 345 KOCH HEAT TRANSFER COMPANY: COMPANY OVERVIEW
12.2.11 RADIANT HEAT EXCHANGER PVT. LTD.
TABLE 346 RADIANT HEAT EXCHANGER PVT. LTD.: COMPANY OVERVIEW
12.2.12 SWEP INTERNATIONAL AB
TABLE 347 SWEP INTERNATIONAL AB: COMPANY OVERVIEW
12.2.13 THERMAX LIMITED
TABLE 348 THERMAX LIMITED: COMPANY OVERVIEW
12.2.14 SIERRA S.P.A.
TABLE 349 SIERRA S.P.A.: COMPANY OVERVIEW
12.2.15 VAHTERUS OY
TABLE 350 VAHTERUS OY: COMPANY OVERVIEW
13 APPENDIX
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 CUSTOMIZATION OPTIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
Heat Exchanger market research study provides detailed qualitative and quantitative analysis of the global Heat Exchanger Market. The market is further segmented and forecasted for major geographic regions, North America, Europe, Asia Pacific, and Rest of the World.
Some the prominent players in "Heat Exchangers Market" are:
- Alfa Laval AB (Sweden)
- GEA Group AG (Germany)
- SPX Corporation (U.S.)
- Xylem Inc. (U.S.)
Europe has always been a strong market for heat exchangers and globally, this market has been a leader for heat exchangers with respect to demand as well as production capacity. Heat exchanger consumption in the region is estimated to grow at a CAGR of around 4.81% from 2014 to 2019. This region has a relatively slow growth rate as a result of its dominant market size and slow economic activity as compared to the other regions.
Currently, Europe acquires more than 30.0% of the total global market. The region has huge installed plant capacities of heat exchanger and is an export based heat exchanger market. Also, large number of emerging manufacturers from Eastern Europe is expected to reduce import dependence of various countries which is further expected to drive the heat exchanger market in future.
Asia-Pacific, being the fastest growing heat exchangers market globally, is estimated to grow at a CAGR of 10.70% for the next five years. Asia-Pacific is witnessing high industrial growth rate, which hints at an ever-increasing demand of heat exchangers for its diverse applications.
China dominates the heat exchangers market in Asia-Pacific region, being a major consumer and the fastest growing country in terms of heat exchangers demand. Currently, a high share of heat exchanger is being consumed by the chemical industry and the demand of heat exchangers through chemical industry is projected to grow in the next five years at a CAGR of 14.32% from 2014 to 2019. After China, countries such as India, Japan and other Asian countries, are showing increasing growth in demand for heat exchangers.
