Global Heat Exchanger Equipment Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Heat Exchanger Equipment Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Heat Exchanger Equipment market size was valued at USD 11710 million in 2023 and is forecast to a readjusted size of USD 14370 million by 2030 with a CAGR of 3.0% during review period.

The equipment that transfers heat from hot fluid to cold fluid is called heat exchange equipment, which is widely used in oil refining, chemical industry, light industry, pharmaceuticals, machinery, food processing and other fields.

The global heat exchange equipment production market is relatively fragmented. The main manufacturers on the market include Alfa Laval, Kelvion (GEA), IHI, SPX Corporation, Danfoss (Sondex), etc., as global leading companies. Europe is the world's largest production area, accounting for 31% of the market for output value. THT Group, Gansu Lanke Petrochemical High-tech Equipment, Accessen, etc. are leading domestic manufacturers.

The global heat exchange equipment consumer market is mainly concentrated in the Asia-Pacific region, Europe, North America and other regions. Among them, the Asia-Pacific region has the largest share of heat exchange equipment sales, accounting for 45% of the world in 2019. Europe and North America are behind.

In the downstream consumer market, heat exchange equipment can be widely used in petrochemicals, power and metallurgy, ships, machinery, food, pharmaceuticals, etc., among which petrochemical applications are the largest consumer market, accounting for 36% of the market.

Heat-Exchange Equipment can be divided into 3 types: Shell and Tube Heat Exchanger, Plate Heat Exchanger and Air-cooled Heat Exchanger. Shell and Tube Heat Exchanger holds nearly 51% of the market, which is the biggest among the three.

The Global Info Research report includes an overview of the development of the Heat Exchanger Equipment industry chain, the market status of Automotive (Plate-fin Type Heat Exchanger Equipment, Wall Type Heat Exchanger Equipment), Aerospace (Plate-fin Type Heat Exchanger Equipment, Wall Type Heat Exchanger Equipment), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Heat Exchanger Equipment.

Regionally, the report analyzes the Heat Exchanger Equipment markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Heat Exchanger Equipment market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Heat Exchanger Equipment market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Heat Exchanger Equipment industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Units), revenue generated, and market share of different by Type (e.g., Plate-fin Type Heat Exchanger Equipment, Wall Type Heat Exchanger Equipment).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Heat Exchanger Equipment market.

Regional Analysis: The report involves examining the Heat Exchanger Equipment market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Heat Exchanger Equipment market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Heat Exchanger Equipment:

Company Analysis: Report covers individual Heat Exchanger Equipment manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Heat Exchanger Equipment This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive, Aerospace).

Technology Analysis: Report covers specific technologies relevant to Heat Exchanger Equipment. It assesses the current state, advancements, and potential future developments in Heat Exchanger Equipment areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Heat Exchanger Equipment market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Heat Exchanger Equipment market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Plate-fin Type Heat Exchanger Equipment
Wall Type Heat Exchanger Equipment
Hybrid Type Heat Exchanger Equipment

Market segment by Application
Automotive
Aerospace
Industrial Equipment

Major players covered
Alfa Laval
Kelvion(GEA)
SPX
IHI
Danfoss(Sondex)
SPX-Flow
DOOSAN
API
KNM
Funke
Xylem
Thermowave
Hisaka
SWEP
LARSEN & TOUBRO
Accessen
THT
Hitachi Zosen
LANPEC
Siping ViEX
Beichen
Lanzhou LS
Defon
Ormandy
FL-HTEP

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Heat Exchanger Equipment product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Heat Exchanger Equipment, with price, sales, revenue and global market share of Heat Exchanger Equipment from 2019 to 2024.

Chapter 3, the Heat Exchanger Equipment competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Heat Exchanger Equipment breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Heat Exchanger Equipment market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Heat Exchanger Equipment.

Chapter 14 and 15, to describe Heat Exchanger Equipment sales channel, distributors, customers, research findings and conclusion.