Heat Exchanger Industry Research Report 2024

Heat Exchanger Industry Research Report 2024


Summary
Heat Exchangers is a piece of equipment built for efficient heat transfer from one medium to another. Heat exchangers 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 Exchanger market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

North American market for Heat Exchanger 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 Exchanger 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 Exchanger 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 Exchanger include , 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 Exchanger, 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 Exchanger.

The report will help the Heat Exchanger manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Heat Exchanger market size, estimations, and forecasts are provided in terms of sales volume (Units) 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 Exchanger 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 LavalKelvion (GEA)SPXIHIDanfoss (Sondex)SPX-FlowDOOSANAPIKNMFunkeXylemThermowaveHisakaSWEPLARSEN & TOUBROAccessenTHTHitachi ZosenLANPECSiping ViEXBeichenLanzhou LSDefonOrmandyFL-HTEPHeat Exchanger segment by Type
Shell & Tube Heat ExchangerPlate Heat ExchangerAir Cooled Heat ExchangerOther TypesHeat Exchanger segment by Application
PetrochemicalElectric Power & MetallurgyShipbuilding IndustryMechanical IndustryCentral HeatingFood IndustryOther ApplicationsHeat Exchanger Segment by Region
North AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaChina TaiwanIndonesiaThailandMalaysiaLatin AmericaMexicoBrazilArgentinaMiddle East & AfricaTurkeySaudi ArabiaUAE

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 Exchanger 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 Exchanger 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 Exchanger.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Heat Exchanger manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Heat Exchanger by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Heat Exchanger in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Heat Exchanger by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.2.2 Shell & Tube Heat Exchanger
2.2.3 Plate Heat Exchanger
2.2.4 Air Cooled Heat Exchanger
2.2.5 Other Types
2.3 Heat Exchanger by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Petrochemical
2.3.3 Electric Power & Metallurgy
2.3.4 Shipbuilding Industry
2.3.5 Mechanical Industry
2.3.6 Central Heating
2.3.7 Food Industry
2.3.8 Other Applications
2.4 Global Market Growth Prospects
2.4.1 Global Heat Exchanger Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Heat Exchanger Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Heat Exchanger Production Estimates and Forecasts (2019-2030)
2.4.4 Global Heat Exchanger Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Heat Exchanger Production by Manufacturers (2019-2024)
3.2 Global Heat Exchanger Production Value by Manufacturers (2019-2024)
3.3 Global Heat Exchanger Average Price by Manufacturers (2019-2024)
3.4 Global Heat Exchanger Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Heat Exchanger Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Heat Exchanger Manufacturers, Product Type & Application
3.7 Global Heat Exchanger Manufacturers, Date of Enter into This Industry
3.8 Global Heat Exchanger Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Alfa Laval
4.1.1 Alfa Laval Heat Exchanger Company Information
4.1.2 Alfa Laval Heat Exchanger Business Overview
4.1.3 Alfa Laval Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.1.4 Alfa Laval Product Portfolio
4.1.5 Alfa Laval Recent Developments
4.2 Kelvion (GEA)
4.2.1 Kelvion (GEA) Heat Exchanger Company Information
4.2.2 Kelvion (GEA) Heat Exchanger Business Overview
4.2.3 Kelvion (GEA) Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.2.4 Kelvion (GEA) Product Portfolio
4.2.5 Kelvion (GEA) Recent Developments
4.3 SPX
4.3.1 SPX Heat Exchanger Company Information
4.3.2 SPX Heat Exchanger Business Overview
4.3.3 SPX Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.3.4 SPX Product Portfolio
4.3.5 SPX Recent Developments
4.4 IHI
4.4.1 IHI Heat Exchanger Company Information
4.4.2 IHI Heat Exchanger Business Overview
4.4.3 IHI Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.4.4 IHI Product Portfolio
4.4.5 IHI Recent Developments
4.5 Danfoss (Sondex)
4.5.1 Danfoss (Sondex) Heat Exchanger Company Information
4.5.2 Danfoss (Sondex) Heat Exchanger Business Overview
4.5.3 Danfoss (Sondex) Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.5.4 Danfoss (Sondex) Product Portfolio
4.5.5 Danfoss (Sondex) Recent Developments
4.6 SPX-Flow
4.6.1 SPX-Flow Heat Exchanger Company Information
4.6.2 SPX-Flow Heat Exchanger Business Overview
4.6.3 SPX-Flow Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.6.4 SPX-Flow Product Portfolio
4.6.5 SPX-Flow Recent Developments
4.7 DOOSAN
4.7.1 DOOSAN Heat Exchanger Company Information
4.7.2 DOOSAN Heat Exchanger Business Overview
4.7.3 DOOSAN Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.7.4 DOOSAN Product Portfolio
4.7.5 DOOSAN Recent Developments
4.8 API
4.8.1 API Heat Exchanger Company Information
4.8.2 API Heat Exchanger Business Overview
4.8.3 API Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.8.4 API Product Portfolio
4.8.5 API Recent Developments
4.9 KNM
4.9.1 KNM Heat Exchanger Company Information
4.9.2 KNM Heat Exchanger Business Overview
4.9.3 KNM Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.9.4 KNM Product Portfolio
4.9.5 KNM Recent Developments
4.10 Funke
4.10.1 Funke Heat Exchanger Company Information
4.10.2 Funke Heat Exchanger Business Overview
4.10.3 Funke Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.10.4 Funke Product Portfolio
4.10.5 Funke Recent Developments
4.11 Xylem
4.11.1 Xylem Heat Exchanger Company Information
4.11.2 Xylem Heat Exchanger Business Overview
4.11.3 Xylem Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.11.4 Xylem Product Portfolio
4.11.5 Xylem Recent Developments
4.12 Thermowave
4.12.1 Thermowave Heat Exchanger Company Information
4.12.2 Thermowave Heat Exchanger Business Overview
4.12.3 Thermowave Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.12.4 Thermowave Product Portfolio
4.12.5 Thermowave Recent Developments
4.13 Hisaka
4.13.1 Hisaka Heat Exchanger Company Information
4.13.2 Hisaka Heat Exchanger Business Overview
4.13.3 Hisaka Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.13.4 Hisaka Product Portfolio
4.13.5 Hisaka Recent Developments
4.14 SWEP
4.14.1 SWEP Heat Exchanger Company Information
4.14.2 SWEP Heat Exchanger Business Overview
4.14.3 SWEP Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.14.4 SWEP Product Portfolio
4.14.5 SWEP Recent Developments
4.15 LARSEN & TOUBRO
4.15.1 LARSEN & TOUBRO Heat Exchanger Company Information
4.15.2 LARSEN & TOUBRO Heat Exchanger Business Overview
4.15.3 LARSEN & TOUBRO Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.15.4 LARSEN & TOUBRO Product Portfolio
4.15.5 LARSEN & TOUBRO Recent Developments
4.16 Accessen
4.16.1 Accessen Heat Exchanger Company Information
4.16.2 Accessen Heat Exchanger Business Overview
4.16.3 Accessen Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.16.4 Accessen Product Portfolio
4.16.5 Accessen Recent Developments
4.17 THT
4.17.1 THT Heat Exchanger Company Information
4.17.2 THT Heat Exchanger Business Overview
4.17.3 THT Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.17.4 THT Product Portfolio
4.17.5 THT Recent Developments
4.18 Hitachi Zosen
4.18.1 Hitachi Zosen Heat Exchanger Company Information
4.18.2 Hitachi Zosen Heat Exchanger Business Overview
4.18.3 Hitachi Zosen Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.18.4 Hitachi Zosen Product Portfolio
4.18.5 Hitachi Zosen Recent Developments
4.19 LANPEC
4.19.1 LANPEC Heat Exchanger Company Information
4.19.2 LANPEC Heat Exchanger Business Overview
4.19.3 LANPEC Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.19.4 LANPEC Product Portfolio
4.19.5 LANPEC Recent Developments
4.20 Siping ViEX
4.20.1 Siping ViEX Heat Exchanger Company Information
4.20.2 Siping ViEX Heat Exchanger Business Overview
4.20.3 Siping ViEX Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.20.4 Siping ViEX Product Portfolio
4.20.5 Siping ViEX Recent Developments
4.21 Beichen
4.21.1 Beichen Heat Exchanger Company Information
4.21.2 Beichen Heat Exchanger Business Overview
4.21.3 Beichen Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.21.4 Beichen Product Portfolio
4.21.5 Beichen Recent Developments
4.22 Lanzhou LS
4.22.1 Lanzhou LS Heat Exchanger Company Information
4.22.2 Lanzhou LS Heat Exchanger Business Overview
4.22.3 Lanzhou LS Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.22.4 Lanzhou LS Product Portfolio
4.22.5 Lanzhou LS Recent Developments
4.23 Defon
4.23.1 Defon Heat Exchanger Company Information
4.23.2 Defon Heat Exchanger Business Overview
4.23.3 Defon Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.23.4 Defon Product Portfolio
4.23.5 Defon Recent Developments
4.24 Ormandy
4.24.1 Ormandy Heat Exchanger Company Information
4.24.2 Ormandy Heat Exchanger Business Overview
4.24.3 Ormandy Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.24.4 Ormandy Product Portfolio
4.24.5 Ormandy Recent Developments
4.25 FL-HTEP
4.25.1 FL-HTEP Heat Exchanger Company Information
4.25.2 FL-HTEP Heat Exchanger Business Overview
4.25.3 FL-HTEP Heat Exchanger Production, Value and Gross Margin (2019-2024)
4.25.4 FL-HTEP Product Portfolio
4.25.5 FL-HTEP Recent Developments
5 Global Heat Exchanger Production by Region
5.1 Global Heat Exchanger Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Heat Exchanger Production by Region: 2019-2030
5.2.1 Global Heat Exchanger Production by Region: 2019-2024
5.2.2 Global Heat Exchanger Production Forecast by Region (2025-2030)
5.3 Global Heat Exchanger Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Heat Exchanger Production Value by Region: 2019-2030
5.4.1 Global Heat Exchanger Production Value by Region: 2019-2024
5.4.2 Global Heat Exchanger Production Value Forecast by Region (2025-2030)
5.5 Global Heat Exchanger Market Price Analysis by Region (2019-2024)
5.6 Global Heat Exchanger Production and Value, YOY Growth
5.6.1 North America Heat Exchanger Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Heat Exchanger Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Heat Exchanger Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Heat Exchanger Production Value Estimates and Forecasts (2019-2030)
5.6.5 South Korea Heat Exchanger Production Value Estimates and Forecasts (2019-2030)
5.6.6 India Heat Exchanger Production Value Estimates and Forecasts (2019-2030)
6 Global Heat Exchanger Consumption by Region
6.1 Global Heat Exchanger Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Heat Exchanger Consumption by Region (2019-2030)
6.2.1 Global Heat Exchanger Consumption by Region: 2019-2030
6.2.2 Global Heat Exchanger Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Heat Exchanger Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Heat Exchanger Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Heat Exchanger Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Heat Exchanger Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Heat Exchanger Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Heat Exchanger Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Heat Exchanger Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Heat Exchanger Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Heat Exchanger Production by Type (2019-2030)
7.1.1 Global Heat Exchanger Production by Type (2019-2030) & (Units)
7.1.2 Global Heat Exchanger Production Market Share by Type (2019-2030)
7.2 Global Heat Exchanger Production Value by Type (2019-2030)
7.2.1 Global Heat Exchanger Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Heat Exchanger Production Value Market Share by Type (2019-2030)
7.3 Global Heat Exchanger Price by Type (2019-2030)
8 Segment by Application
8.1 Global Heat Exchanger Production by Application (2019-2030)
8.1.1 Global Heat Exchanger Production by Application (2019-2030) & (Units)
8.1.2 Global Heat Exchanger Production by Application (2019-2030) & (Units)
8.2 Global Heat Exchanger Production Value by Application (2019-2030)
8.2.1 Global Heat Exchanger Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Heat Exchanger Production Value Market Share by Application (2019-2030)
8.3 Global Heat Exchanger Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Heat Exchanger Value Chain Analysis
9.1.1 Heat Exchanger Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Heat Exchanger Production Mode & Process
9.2 Heat Exchanger Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Heat Exchanger Distributors
9.2.3 Heat Exchanger Customers
10 Global Heat Exchanger Analyzing Market Dynamics
10.1 Heat Exchanger Industry Trends
10.2 Heat Exchanger Industry Drivers
10.3 Heat Exchanger Industry Opportunities and Challenges
10.4 Heat Exchanger Industry Restraints
11 Report Conclusion
12 Disclaimer

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