Heat Exchanger Market Segmentation
Heat Exchanger Type Outlook (USD Million, 2018-2030)
Heat Exchanger Application Outlook (USD Million, 2018-2030)
Heat Exchanger Regional Outlook (USD Million, 2018-2030)
North America Outlook (USD Million, 2018-2030)
Europe Outlook (USD Million, 2018-2030)
Asia-Pacific Outlook (USD Million, 2018-2030)
Rest of the World Outlook (USD Million, 2018-2030)
Research Methodology on Heat Exchanger Market
The methodology effective in the study includes analyzing a mix of primary and secondary data sources that are scrutinized and validated through the primary research. The data collected from secondary sources include industry databases, company websites, journals and magazines, industry associations, and government data sources.
The primary research involves in-depth conversations and interviews conducted with industry experts and key opinion leaders based on various parameters such as market size, supply-demand ratio, value chain, import and export trends, pricing trends, and other important factors influencing the growth of the Heat Exchanger market. Furthermore, the collected data from primary and secondary research sources are further analyzed using advanced tools and techniques such as Excel to accurately analyze and interpret the regional, technological, and economic trends influencing the growth of the heat exchanger market.
The objective of the Study
The primary objective of this report is to highlight the market trends, opportunities, and dynamics of the Heat Exchanger market.
Scope of the Study
The Heat Exchanger market is analyzed and studied in detail based on type, material, end-use, and region. The report provides an unbiased and detailed analysis of the current trends, opportunities/high-growth areas, market drivers, and the major size of the Heat Exchanger market.
Market Segmentation
The report segmented the global Heat Exchanger market based on type, material, end-use, and region.
By Type:
By Material:
By End-use:
By Region:
Regional Analysis
The global Heat Exchanger Market is expected to grow at a steady growth rate during the projected period of 2023 to 2030. Asia-Pacific is the largest market for Heat exchangers followed by North America and Europe. Increasing demand in end-use industries like oil & gas, chemicals, and power generation industries drives the market in the region. China is a dominant player in the Asia-Pacific region, due to its presence of a large number of manufacturers and presence of the large chemical & petrochemical industries in the region. After Asia Pacific, North America is the second-largest market for Heat exchangers due to the presence of large end-use industries. Europe's heat exchanger market is driven by growing HVAC industries.
Competitive Analysis
The competitive scenario is analyzed based on the competitive strategies employed by the major competitors enabling us to make well-informed decisions for better business decisions in a sustainable competitive environment. Competitive strategies such as collaboration & partnerships, innovation, mergers & acquisitions, and investments & expansions are employed by the Heat Exchanger market players adopted to gain a competitive edge in this market.
The major Heat Exchanger market players include Alfa Laval (Sweden), Danfoss Group (Denmark), Xylem Inc. (USA), Kelvion Holding GmbH (Germany), Thermo Fisher Scientific Inc. (USA), Hisaka Works Ltd. (Japan), API Heat Transfer Inc. (USA), GEA Group Aktiengesellschaft (Germany), Sondex Holding A/S (Denmark), and Sigma Thermal Inc. (USA).
Table of content
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining power of buyers
3.1.3 Bargaining power of suppliers
3.1.4 Threat of substitutes
3.1.5 Segment rivalry
3.2 Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
4.6 List of Assumptions
5 Global Heat Exchanger Market, By Type
5.1 Introduction
5.2 Shell & Tube
5.2.1 Market Estimates & Forecast, 2024-2030
5.2.2 Market Estimates & Forecast by Region, 2024-2030
5.3 Plate
5.3.1 Market Estimates & Forecast, 2024-2030
5.3.2 Market Estimates & Forecast by Region, 2024-2030
5.4 Regenerative
5.4.1 Market Estimates & Forecast, 2024-2030
5.4.2 Market Estimates & Forecast by Region, 2024-2030
5.5 Air cooled
5.5.1 Market Estimates & Forecast, 2024-2030
5.5.2 Market Estimates & Forecast by Region, 2024-2030
6 Global Heat Exchanger Market, By Application
6.1 Introduction
6.2 Chemicals
6.2.1 Market Estimates & Forecast, 2024-2030
6.2.2 Market Estimates & Forecast by Region, 2024-2030
6.3 Oil & Gas
6.3.1 Market Estimates & Forecast, 2024-2030
6.3.2 Market Estimates & Forecast by Region, 2024-2030
6.4 Power Generation
6.4.1 Market Estimates & Forecast, 2024-2030
6.4.2 Market Estimates & Forecast by Region, 2024-2030
6.5 HVACR
6.5.1 Market Estimates & Forecast, 2024-2030
6.5.2 Market Estimates & Forecast by Region, 2024-2030
6.6 Food & Beverage
6.6.1 Market Estimates & Forecast, 2024-2030
6.6.2 Market Estimates & Forecast by Region, 2024-2030
6.7 Other
6.7.1 Market Estimates & Forecast, 2024-2030
6.7.2 Market Estimates & Forecast by Region, 2024-2030
7 Global Heat Exchanger Market, By Region
7.1 Introduction
7.2 North America
7.2.1 Market Estimates & Forecast, 2024-2030
7.2.2 Market Estimates & Forecast By Type, 2024-2030
7.2.3 Market Estimates & Forecast By Application, 2024-2030
7.2.4 U.S.
7.2.4.1 Market Estimates & Forecast, 2024-2030
7.2.4.2 Market Estimates & Forecast By Type, 2024-2030
7.2.4.3 Market Estimates & Forecast By Application, 2024-2030
7.2.5 Canada
7.2.5.1 Market Estimates & Forecast, 2024-2030
7.2.5.2 Market Estimates & Forecast By Type, 2024-2030
7.2.5.3 Market Estimates & Forecast By Application, 2024-2030
7.3 Europe
7.3.1 Market Estimates & Forecast, 2024-2030
7.3.2 Market Estimates & Forecast By Type, 2024-2030
7.3.3 Market Estimates & Forecast By Application, 2024-2030
7.3.4 U.K.
7.3.4.1 Market Estimates & Forecast, 2024-2030
7.3.4.2 Market Estimates & Forecast By Type, 2024-2030
7.3.4.3 Market Estimates & Forecast By Application, 2024-2030
7.3.5 Germany
7.3.5.1 Market Estimates & Forecast, 2024-2030
7.3.5.2 Market Estimates & Forecast By Type, 2024-2030
7.3.5.3 Market Estimates & Forecast By Application, 2024-2030
7.3.6 France
7.3.6.1 Market Estimates & Forecast, 2024-2030
7.3.6.2 Market Estimates & Forecast By Type, 2024-2030
7.3.6.3 Market Estimates & Forecast By Application, 2024-2030
7.3.7 Italy
7.3.7.1 Market Estimates & Forecast, 2024-2030
7.3.7.2 Market Estimates & Forecast By Type, 2024-2030
7.3.7.3 Market Estimates & Forecast By Application, 2024-2030
7.3.8 Rest of Europe
7.3.8.1 Market Estimates & Forecast, 2024-2030
7.3.8.2 Market Estimates & Forecast By Type, 2024-2030
7.3.8.3 Market Estimates & Forecast By Application, 2024-2030
7.4 Asia-Pacific
7.4.1 Market Estimates & Forecast, 2024-2030
7.4.2 Market Estimates & Forecast By Type, 2024-2030
7.4.3 Market Estimates & Forecast By Application, 2024-2030
7.4.4 China
7.4.4.1 Market Estimates & Forecast, 2024-2030
7.4.4.2 Market Estimates & Forecast By Type, 2024-2030
7.4.4.3 Market Estimates & Forecast By Application, 2024-2030
7.4.5 Japan
7.4.5.1 Market Estimates & Forecast, 2024-2030
7.4.5.2 Market Estimates & Forecast By Type, 2024-2030
7.4.5.3 Market Estimates & Forecast By Application, 2024-2030
7.4.6 India
7.4.6.1 Market Estimates & Forecast, 2024-2030
7.4.6.2 Market Estimates & Forecast By Type, 2024-2030
7.4.6.3 Market Estimates & Forecast By Application, 2024-2030
7.4.7 Rest of Asia-Pacific
7.4.7.1 Market Estimates & Forecast, 2024-2030
7.4.7.2 Market Estimates & Forecast By Type, 2024-2030
7.4.7.3 Market Estimates & Forecast By Application, 2024-2030
7.4.7.4 Market Estimates & Forecast By Application, 2024-2030
7.5 Rest of the World
7.5.1 Market Estimates & Forecast, 2024-2030
7.5.2 Market Estimates & Forecast By Type, 2024-2030
7.5.3 Market Estimates & Forecast By Application, 2024-2030
8 Competitive Landscape
9 Company Profile
9.1 Schneider Electric SE (France)
9.1.1 Company Overview
9.1.2 Product/Services Offering
9.1.3 Financial Overview
9.1.4 Key Developments
9.1.5 Strategy
9.1.6 SWOT Analysis
9.2 ABB Ltd. (Switzerland)
9.2.1 Company Overview
9.2.2 Product /Services Offering
9.2.3 Financial Overview
9.2.4 Key Developments
9.2.5 Strategy
9.2.6 SWOT Analysis
9.3 Rockwell Automation Inc. (U.S.)
9.3.1 Company Overview
9.3.2 Product /Services Offering
9.3.3 Financial Overview
9.3.4 Key Developments
9.3.5 Strategy
9.3.6 SWOT Analysis
9.4 Alstom SA (France)
9.4.1 Company Overview
9.4.2 Product /Services Offering
9.4.3 Financial Overview
9.4.4 Key Developments
9.4.5 Strategy
9.4.6 SWOT Analysis
9.5 Siemens AG (Germany)
9.5.1 Company Overview
9.5.2 Product /Services Offering
9.5.3 Financial Overview
9.5.4 Key Developments
9.5.5 Strategy
9.5.6 SWOT Analysis
9.6 Toshiba (Japan)
9.6.1 Company Overview
9.6.2 Product /Services Offering
9.6.3 Financial Overview
9.6.4 Key Developments
9.6.5 Strategy
9.6.6 SWOT Analysis
9.7 Metso (Finland)
9.7.1 Company Overview
9.7.2 Product /Services Offering
9.7.3 Financial Overview
9.7.4 Key Developments
9.7.5 Strategy
9.7.6 SWOT Analysis
9.8 Hitachi (Japan)
9.8.1 Company Overview
9.8.2 Product /Services Offering
9.8.3 Financial Overview
9.8.4 Key Developments
9.8.5 Strategy
9.8.6 SWOT Analysis
9.9 Azbil Corp. (Japan)
9.9.1 Company Overview
9.9.2 Product /Services Offering
9.9.3 Financial Overview
9.9.4 Key Developments
9.9.5 Strategy
9.9.6 SWOT Analysis
9.10 Emerson Electric (U.S.)
9.10.1 Company Overview
9.10.2 Product /Services Offering
9.10.3 Financial Overview
9.10.4 Key Developments
9.10.5 Strategy
9.10.6 SWOT Analysis
9.11 Crompton Greaves Ltd. (India)
9.11.1 Company Overview
9.11.2 Product /Services Offering
9.11.3 Financial Overview
9.11.4 Key Developments
9.11.5 Strategy
9.11.6 SWOT Analysis
9.12 Mitsubishi Electric Corporation (Japan)
9.12.1 Company Overview
9.12.2 Product /Services Offering
9.12.3 Financial Overview
9.12.4 Key Developments
9.12.5 Strategy
9.12.6 SWOT Analysis
9.13 Honeywell International Inc. (U.S.)
9.13.1 Company Overview
9.13.2 Product /Services Offering
9.13.3 Financial Overview
9.13.4 Key Developments
9.13.5 Strategy
9.13.6 SWOT Analysis
List of Tables
Table 1 Global Heat Exchanger Market: By Region, 2024-2030
Table 2 North America Heat Exchanger Market: By Country, 2024-2030
Table 3 Europe Heat Exchanger Market: By Country, 2024-2030
Table 4 Asia-Pacific Heat Exchanger Market: By Country, 2024-2030
Table 5 Rest of the World Heat Exchanger Market: By Country, 2024-2030
Table 6 Global Heat Exchanger Market By Type: By Regions, 2024-2030
Table 7 North America Heat Exchanger Market By Type: By Country, 2024-2030
Table 8 Europe Heat Exchanger Market By Type: By Country, 2024-2030
Table 9 Asia-Pacific Heat Exchanger Market By Type: By Country, 2024-2030
Table 10 Rest of the World Heat Exchanger Market By Type: By Country, 2024-2030
Table 11 Global Heat Exchanger Market, By Applications, By Regions, 2024-2030
Table 12 North America Heat Exchanger Market, By Applications, By Country, 2024-2030
Table 13 Europe Heat Exchanger Market, By Applications, By Country, 2024-2030
Table 14 Asia-Pacific Heat Exchanger Market, By Applications, By Country, 2024-2030
Table 15 Rest of the World Heat Exchanger Market, By Applications, By Country, 2024-2030
Table 16 Global Heat Exchanger Market: By Region, 2024-2030
Table 17 North America Heat Exchanger Market, By Country
Table 18 North America Heat Exchanger Market, By Type
Table 19 North America Heat Exchanger Market, By Application
Table 20 Europe: Heat Exchanger Market, By Country
Table 21 Europe: Heat Exchanger Market, By Type
Table 22 Europe: Heat Exchanger Market, By Application
Table 23 Asia-Pacific: Heat Exchanger Market, By Country
Table 24 Asia-Pacific: Heat Exchanger Market, By Type
Table 25 Asia-Pacific: Heat Exchanger Market, By Application
Table 26 Rest of the World: Heat Exchanger Market, By Region
Table 27 Rest of the World Heat Exchanger Market, By Type
Table 28 Rest of the World Heat Exchanger Market, By Application 
List of Figures
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 MARKET DYNAMICS
FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS
FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS
FIGURE 7 SUPPLY CHAIN ANALYSIS
FIGURE 8 GLOBAL HEAT EXCHANGER MARKET SHARE, BY TYPE, 2020 (%)
FIGURE 9 GLOBAL HEAT EXCHANGER MARKET, INDUSTRY TYPE, 2024-2030 (USD MILLION)
FIGURE 10 GLOBAL HEAT EXCHANGER MARKETSHARE, BY APPLICATION, 2020 (%)
FIGURE 11 GLOBAL HEAT EXCHANGER MARKET, BY APPLICATION, 2024-2030 (USD MILLION)
FIGURE 12 GLOBAL HEAT EXCHANGER MARKET SHARE (%), BY REGION, 2020
FIGURE 13 GLOBAL HEAT EXCHANGER MARKET, BY REGION, 2024-2030 (USD MILLION)
FIGURE 14 NORTH AMERICA HEAT EXCHANGER MARKETSHARE (%), 2020
FIGURE 15 NORTH AMERICA HEAT EXCHANGER MARKET BY COUNTRY, 2024-2030 (USD MILLION)
FIGURE 16 EUROPE HEAT EXCHANGER MARKETSHARE (%), 2020
FIGURE 17 EUROPE HEAT EXCHANGER MARKET BY COUNTRY, 2024-2030 (USD MILLION)
FIGURE 18 ASIA-PACIFIC HEAT EXCHANGER MARKETSHARE (%), 2020
FIGURE 19 ASIA-PACIFIC HEAT EXCHANGER MARKET BY COUNTRY, 2024-2030 (USD MILLION)
FIGURE 20 REST OF THE WORLD HEAT EXCHANGER MARKETSHARE (%), 2020
FIGURE 21 REST OF THE WORLD HEAT EXCHANGER MARKET BY COUNTRY, 2024-2030 (USD MILLION)
Senior Research Analyst With an experience of over five years in market research industry (chemicals & materials domain), i gather and analyze market data from diverse sources to produce results, which are then presented back to a client. also, provide recommendations based on the findings. as a senior research analyst, i perform quality checks (qc) for market estimations, qc for reports, and handle queries and work extensively on client customizations. also, handle the responsibilities of client proposals, report planning, report finalization, and execution
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