Global Heat Transfer Equipment Market Growth 2023-2029

Global Heat Transfer Equipment Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Heat Transfer Equipment Industry Forecast” looks at past sales and reviews total world Heat Transfer Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Heat Transfer Equipment sales for 2023 through 2029. With Heat Transfer Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heat Transfer Equipment industry.

This Insight Report provides a comprehensive analysis of the global Heat Transfer Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Heat Transfer Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Heat Transfer Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heat Transfer Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Heat Transfer Equipment.

The global Heat Transfer Equipment market size is projected to grow from US$ 13540 million in 2022 to US$ 18500 million in 2029; it is expected to grow at a CAGR of 18500 from 2023 to 2029.

Alfa Laval and Kelvion (GEA) are the top 2 players of Heat Transfer Equipment, with about 30% market shares.

This report presents a comprehensive overview, market shares, and growth opportunities of Heat Transfer Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Shell & Tube

Plate

Fin Type

Air Cooled

Segmentation by application

Petrochemical

Electric Power & Metallurgy

Shipbuilding Industry

Mechanical Industry

Central Heating

Food Industry

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Heat Transfer Equipment market?

What factors are driving Heat Transfer Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Heat Transfer Equipment market opportunities vary by end market size?

How does Heat Transfer Equipment break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.