Heat Exchanger Market Application, Type, Trend and Forecasts to 2023

Heat Exchanger Market
Global Heat Exchanger Market, By Type (Shell and Tube Heat Exchanger, Plate Heat Exchanger, Regenerative Heat Exchanger, Air cooled), By Application (Chemicals, Oil & Gas, Power Generation, HVACR, Food & Beverages and Other) – Forecast 2017-2023

Market Synopsis of Heat Exchanger Market:                               

Market Scenario:

The Heat Exchanger Market is projected to grow at a CAGR of 8.2% during the forecast period. 

Heat Exchanger are devices whose primary responsibility is the transfer or exchange of heat from one medium to another. Heat Exchanger are not only used in heating applications but are also used in cooling applications such as refrigerators and air conditioners.

Increase in demand for Heat Exchangers owing to power requirement for commercial and non-commercial purposes, increase in population and economic growth in the developing nations are some of the factors which driving the market growth. Moreover, technological development in Heat Exchanger and growth in HVACR (Heating Ventilation Air Conditioning and Refrigeration) process equipments are pushing the market towards growth. Recent trends shows that emerging trends have a direct impact on the dynamics of the industry such as development of waste heat recovery heat exchangers and introduction of exhaust gas re-circulation coolers.

Whereas, fluctuating prices of raw material acting as major barrier for the growth of the Heat Exchanger Market.

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Key Players:
The major player operating in the market of global heat exchanger are  Alfa Laval AB (Sweden), Kelvion Holdings Gmbh (Germany), Southern Heat Exchanger (U.S.) Danfoss A/S (Denmark), SPX Corporation (U.S.), Xylem Inc. (U.S.), API Heat Transfer Inc. (U.S), Gunter AG & Co. KG (Germany), Sierra S.p.A (Italy), and Hamon & Cie International SA (Belgium).

Study Objectives of Heat Exchanger Market:

  • To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Heat Exchanger Market.
  • To provide insights about factors affecting the market growth.
  • To analyze the heat exchanger market based Porter’s Five Force Analysis etc.
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
  • To provide country level analysis of the market with respect to the current market size and future prospective.
  • To provide country level analysis of the market for segment by type, application and sub-segments.
  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the heat exchanger market.

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Key Points from Table of Content:

7    Competitive Analysis

7.1    Introduction

7.2    Competitive Scenario
7.2.1    Market Share Analysis
7.2.2    Market Development Analysis
7.2.3    Product/Service Benchmarking

7.3      Alfa Laval AB
7.3.1    Overview
7.3.2    Product/Service Offering
7.3.3    Strategy

7.4      Kelvion Holdings Gmbh
7.4.1    Overview
7.4.2    Product/Service Offering
7.4.3    Strategy

7.5      Southern Heat Exchanger
7.5.1    Overview
7.5.2    Product/Service Offering
7.5.3    Strategy   

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