Global Heat Transfer Equipment Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Heat Transfer Equipment Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

Heat Transfer Equipment is a piece of equipment built for efficient heat transfer from one medium to another. Heat Transfer Equipment are devices whose primary responsibility is the transfer (exchange) of heat, typically from one fluid to another. However, they are not only used in heating applications, such as space heaters, but are also used in cooling applications, such as refrigerators and air conditioners.

According to APO Research, The global Heat Transfer Equipment market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North American market for Heat Transfer Equipment is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Heat Transfer Equipment is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Heat Transfer Equipment is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Heat Transfer Equipment include Alfa Laval, Kelvion (GEA), SPX Corporation, IHI, SPX-Flow, DOOSAN, API, KNM and Funke, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Heat Transfer Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heat Transfer Equipment.
The Heat Transfer Equipment market size, estimations, and forecasts are provided in terms of sales volume (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Heat Transfer Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Alfa Laval
Kelvion (GEA)
SPX Corporation
IHI
SPX-Flow
DOOSAN
API
KNM
Funke
Xylem
Thermowave
Hisaka
Sondex A/S
SWEP
LARSEN & TOUBRO
Accessen
THT
Hitachi Zosen
LANPEC
Siping ViEX
Beichen
Lanzhou LS
Defon
Ormandy
FL-HTEP
Heat Transfer Equipment segment by Type

Shell & Tube
Plate
Fin Type
Air Cooled
Heat Transfer Equipment segment by Application

Petrochemical
Electric Power & Metallurgy
Shipbuilding Industry
Mechanical Industry
Central Heating
Food Industry
Others
Heat Transfer Equipment Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Heat Transfer Equipment market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Heat Transfer Equipment and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Heat Transfer Equipment.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Heat Transfer Equipment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Heat Transfer Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Heat Transfer Equipment Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Heat Transfer Equipment Sales Estimates and Forecasts (2019-2030)
1.3 Heat Transfer Equipment Market by Type
1.3.1 Shell & Tube
1.3.2 Plate
1.3.3 Fin Type
1.3.4 Air Cooled
1.4 Global Heat Transfer Equipment Market Size by Type
1.4.1 Global Heat Transfer Equipment Market Size Overview by Type (2019-2030)
1.4.2 Global Heat Transfer Equipment Historic Market Size Review by Type (2019-2024)
1.4.3 Global Heat Transfer Equipment Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Heat Transfer Equipment Sales Breakdown by Type (2019-2024)
1.5.2 Europe Heat Transfer Equipment Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Heat Transfer Equipment Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Heat Transfer Equipment Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Heat Transfer Equipment Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Heat Transfer Equipment Industry Trends
2.2 Heat Transfer Equipment Industry Drivers
2.3 Heat Transfer Equipment Industry Opportunities and Challenges
2.4 Heat Transfer Equipment Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Heat Transfer Equipment Revenue (2019-2024)
3.2 Global Top Players by Heat Transfer Equipment Sales (2019-2024)
3.3 Global Top Players by Heat Transfer Equipment Price (2019-2024)
3.4 Global Heat Transfer Equipment Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Heat Transfer Equipment Key Company Manufacturing Sites & Headquarters
3.6 Global Heat Transfer Equipment Company, Product Type & Application
3.7 Global Heat Transfer Equipment Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Heat Transfer Equipment Market CR5 and HHI
3.8.2 Global Top 5 and 10 Heat Transfer Equipment Players Market Share by Revenue in 2023
3.8.3 2023 Heat Transfer Equipment Tier 1, Tier 2, and Tier 3
4 Heat Transfer Equipment Regional Status and Outlook
4.1 Global Heat Transfer Equipment Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Heat Transfer Equipment Historic Market Size by Region
4.2.1 Global Heat Transfer Equipment Sales in Volume by Region (2019-2024)
4.2.2 Global Heat Transfer Equipment Sales in Value by Region (2019-2024)
4.2.3 Global Heat Transfer Equipment Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Heat Transfer Equipment Forecasted Market Size by Region
4.3.1 Global Heat Transfer Equipment Sales in Volume by Region (2025-2030)
4.3.2 Global Heat Transfer Equipment Sales in Value by Region (2025-2030)
4.3.3 Global Heat Transfer Equipment Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Heat Transfer Equipment by Application
5.1 Heat Transfer Equipment Market by Application
5.1.1 Petrochemical
5.1.2 Electric Power & Metallurgy
5.1.3 Shipbuilding Industry
5.1.4 Mechanical Industry
5.1.5 Central Heating
5.1.6 Food Industry
5.1.7 Others
5.2 Global Heat Transfer Equipment Market Size by Application
5.2.1 Global Heat Transfer Equipment Market Size Overview by Application (2019-2030)
5.2.2 Global Heat Transfer Equipment Historic Market Size Review by Application (2019-2024)
5.2.3 Global Heat Transfer Equipment Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Heat Transfer Equipment Sales Breakdown by Application (2019-2024)
5.3.2 Europe Heat Transfer Equipment Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Heat Transfer Equipment Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Heat Transfer Equipment Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Heat Transfer Equipment Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Alfa Laval
6.1.1 Alfa Laval Comapny Information
6.1.2 Alfa Laval Business Overview
6.1.3 Alfa Laval Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Alfa Laval Heat Transfer Equipment Product Portfolio
6.1.5 Alfa Laval Recent Developments
6.2 Kelvion (GEA)
6.2.1 Kelvion (GEA) Comapny Information
6.2.2 Kelvion (GEA) Business Overview
6.2.3 Kelvion (GEA) Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Kelvion (GEA) Heat Transfer Equipment Product Portfolio
6.2.5 Kelvion (GEA) Recent Developments
6.3 SPX Corporation
6.3.1 SPX Corporation Comapny Information
6.3.2 SPX Corporation Business Overview
6.3.3 SPX Corporation Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.3.4 SPX Corporation Heat Transfer Equipment Product Portfolio
6.3.5 SPX Corporation Recent Developments
6.4 IHI
6.4.1 IHI Comapny Information
6.4.2 IHI Business Overview
6.4.3 IHI Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.4.4 IHI Heat Transfer Equipment Product Portfolio
6.4.5 IHI Recent Developments
6.5 SPX-Flow
6.5.1 SPX-Flow Comapny Information
6.5.2 SPX-Flow Business Overview
6.5.3 SPX-Flow Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.5.4 SPX-Flow Heat Transfer Equipment Product Portfolio
6.5.5 SPX-Flow Recent Developments
6.6 DOOSAN
6.6.1 DOOSAN Comapny Information
6.6.2 DOOSAN Business Overview
6.6.3 DOOSAN Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.6.4 DOOSAN Heat Transfer Equipment Product Portfolio
6.6.5 DOOSAN Recent Developments
6.7 API
6.7.1 API Comapny Information
6.7.2 API Business Overview
6.7.3 API Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.7.4 API Heat Transfer Equipment Product Portfolio
6.7.5 API Recent Developments
6.8 KNM
6.8.1 KNM Comapny Information
6.8.2 KNM Business Overview
6.8.3 KNM Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.8.4 KNM Heat Transfer Equipment Product Portfolio
6.8.5 KNM Recent Developments
6.9 Funke
6.9.1 Funke Comapny Information
6.9.2 Funke Business Overview
6.9.3 Funke Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Funke Heat Transfer Equipment Product Portfolio
6.9.5 Funke Recent Developments
6.10 Xylem
6.10.1 Xylem Comapny Information
6.10.2 Xylem Business Overview
6.10.3 Xylem Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Xylem Heat Transfer Equipment Product Portfolio
6.10.5 Xylem Recent Developments
6.11 Thermowave
6.11.1 Thermowave Comapny Information
6.11.2 Thermowave Business Overview
6.11.3 Thermowave Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Thermowave Heat Transfer Equipment Product Portfolio
6.11.5 Thermowave Recent Developments
6.12 Hisaka
6.12.1 Hisaka Comapny Information
6.12.2 Hisaka Business Overview
6.12.3 Hisaka Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Hisaka Heat Transfer Equipment Product Portfolio
6.12.5 Hisaka Recent Developments
6.13 Sondex A/S
6.13.1 Sondex A/S Comapny Information
6.13.2 Sondex A/S Business Overview
6.13.3 Sondex A/S Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Sondex A/S Heat Transfer Equipment Product Portfolio
6.13.5 Sondex A/S Recent Developments
6.14 SWEP
6.14.1 SWEP Comapny Information
6.14.2 SWEP Business Overview
6.14.3 SWEP Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.14.4 SWEP Heat Transfer Equipment Product Portfolio
6.14.5 SWEP Recent Developments
6.15 LARSEN & TOUBRO
6.15.1 LARSEN & TOUBRO Comapny Information
6.15.2 LARSEN & TOUBRO Business Overview
6.15.3 LARSEN & TOUBRO Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.15.4 LARSEN & TOUBRO Heat Transfer Equipment Product Portfolio
6.15.5 LARSEN & TOUBRO Recent Developments
6.16 Accessen
6.16.1 Accessen Comapny Information
6.16.2 Accessen Business Overview
6.16.3 Accessen Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.16.4 Accessen Heat Transfer Equipment Product Portfolio
6.16.5 Accessen Recent Developments
6.17 THT
6.17.1 THT Comapny Information
6.17.2 THT Business Overview
6.17.3 THT Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.17.4 THT Heat Transfer Equipment Product Portfolio
6.17.5 THT Recent Developments
6.18 Hitachi Zosen
6.18.1 Hitachi Zosen Comapny Information
6.18.2 Hitachi Zosen Business Overview
6.18.3 Hitachi Zosen Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.18.4 Hitachi Zosen Heat Transfer Equipment Product Portfolio
6.18.5 Hitachi Zosen Recent Developments
6.19 LANPEC
6.19.1 LANPEC Comapny Information
6.19.2 LANPEC Business Overview
6.19.3 LANPEC Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.19.4 LANPEC Heat Transfer Equipment Product Portfolio
6.19.5 LANPEC Recent Developments
6.20 Siping ViEX
6.20.1 Siping ViEX Comapny Information
6.20.2 Siping ViEX Business Overview
6.20.3 Siping ViEX Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.20.4 Siping ViEX Heat Transfer Equipment Product Portfolio
6.20.5 Siping ViEX Recent Developments
6.21 Beichen
6.21.1 Beichen Comapny Information
6.21.2 Beichen Business Overview
6.21.3 Beichen Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.21.4 Beichen Heat Transfer Equipment Product Portfolio
6.21.5 Beichen Recent Developments
6.22 Lanzhou LS
6.22.1 Lanzhou LS Comapny Information
6.22.2 Lanzhou LS Business Overview
6.22.3 Lanzhou LS Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.22.4 Lanzhou LS Heat Transfer Equipment Product Portfolio
6.22.5 Lanzhou LS Recent Developments
6.23 Defon
6.23.1 Defon Comapny Information
6.23.2 Defon Business Overview
6.23.3 Defon Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.23.4 Defon Heat Transfer Equipment Product Portfolio
6.23.5 Defon Recent Developments
6.24 Ormandy
6.24.1 Ormandy Comapny Information
6.24.2 Ormandy Business Overview
6.24.3 Ormandy Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.24.4 Ormandy Heat Transfer Equipment Product Portfolio
6.24.5 Ormandy Recent Developments
6.25 FL-HTEP
6.25.1 FL-HTEP Comapny Information
6.25.2 FL-HTEP Business Overview
6.25.3 FL-HTEP Heat Transfer Equipment Sales, Revenue and Gross Margin (2019-2024)
6.25.4 FL-HTEP Heat Transfer Equipment Product Portfolio
6.25.5 FL-HTEP Recent Developments
7 North America by Country
7.1 North America Heat Transfer Equipment Sales by Country
7.1.1 North America Heat Transfer Equipment Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Heat Transfer Equipment Sales by Country (2019-2024)
7.1.3 North America Heat Transfer Equipment Sales Forecast by Country (2025-2030)
7.2 North America Heat Transfer Equipment Market Size by Country
7.2.1 North America Heat Transfer Equipment Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Heat Transfer Equipment Market Size by Country (2019-2024)
7.2.3 North America Heat Transfer Equipment Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Heat Transfer Equipment Sales by Country
8.1.1 Europe Heat Transfer Equipment Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Heat Transfer Equipment Sales by Country (2019-2024)
8.1.3 Europe Heat Transfer Equipment Sales Forecast by Country (2025-2030)
8.2 Europe Heat Transfer Equipment Market Size by Country
8.2.1 Europe Heat Transfer Equipment Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Heat Transfer Equipment Market Size by Country (2019-2024)
8.2.3 Europe Heat Transfer Equipment Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Heat Transfer Equipment Sales by Country
9.1.1 Asia-Pacific Heat Transfer Equipment Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Heat Transfer Equipment Sales by Country (2019-2024)
9.1.3 Asia-Pacific Heat Transfer Equipment Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Heat Transfer Equipment Market Size by Country
9.2.1 Asia-Pacific Heat Transfer Equipment Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Heat Transfer Equipment Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Heat Transfer Equipment Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Heat Transfer Equipment Sales by Country
10.1.1 Latin America Heat Transfer Equipment Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Heat Transfer Equipment Sales by Country (2019-2024)
10.1.3 Latin America Heat Transfer Equipment Sales Forecast by Country (2025-2030)
10.2 Latin America Heat Transfer Equipment Market Size by Country
10.2.1 Latin America Heat Transfer Equipment Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Heat Transfer Equipment Market Size by Country (2019-2024)
10.2.3 Latin America Heat Transfer Equipment Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Heat Transfer Equipment Sales by Country
11.1.1 Middle East and Africa Heat Transfer Equipment Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Heat Transfer Equipment Sales by Country (2019-2024)
11.1.3 Middle East and Africa Heat Transfer Equipment Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Heat Transfer Equipment Market Size by Country
11.2.1 Middle East and Africa Heat Transfer Equipment Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Heat Transfer Equipment Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Heat Transfer Equipment Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Heat Transfer Equipment Value Chain Analysis
12.1.1 Heat Transfer Equipment Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Heat Transfer Equipment Production Mode & Process
12.2 Heat Transfer Equipment Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Heat Transfer Equipment Distributors
12.2.3 Heat Transfer Equipment Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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