Heat Exchanger Equipment Market

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.
Heat Exchanger Equipment Market aims to provide a comprehensive presentation of the global market for Heat Exchanger Equipment, 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 Equipment. Heat Exchanger Equipment Market contains market size and forecasts of Heat Exchanger Equipment in global, including the following market information:
Global Heat Exchanger Equipment Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Heat Exchanger Equipment Market Sales, 2018-2023, 2024-2032, (Units)
Global top five Heat Exchanger Equipment companies in 2022 (%)
The global Heat Exchanger Equipment market was valued at US$ 11710 million in 2022 and is projected to reach US$ 14370 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Heat Exchanger Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Heat Exchanger Equipment Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (Units)
Global Heat Exchanger Equipment Market Segment Percentages, by Type, 2022 (%)
Plate-fin Type Heat Exchanger Equipment
Wall Type Heat Exchanger Equipment
Hybrid Type Heat Exchanger Equipment
Global Heat Exchanger Equipment Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (Units)
Global Heat Exchanger Equipment Market Segment Percentages, by Application, 2022 (%)
Automotive
Aerospace
Industrial Equipment
Global Heat Exchanger Equipment Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (Units)
Global Heat Exchanger Equipment Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Heat Exchanger Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Heat Exchanger Equipment revenues share in global market, 2022 (%)
Key companies Heat Exchanger Equipment sales in global market, 2018-2023 (Estimated), (Units)
Key companies Heat Exchanger Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Heat Exchanger Equipment, market overview.
Chapter 2: Global Heat Exchanger Equipment market size in revenue and volume.
Chapter 3: Detailed analysis of Heat Exchanger Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Heat Exchanger Equipment 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Heat Exchanger Equipment capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.