Global
Heat Exchangers Market valued approximately USD 13.54 billion in 2017 is anticipated to grow
with a healthy growth rate of more than 9.0% over the forecast period
2018-2025. The Heat Exchangers market is developing and expanding at a
significant pace. In the present scenario, rapid expansion of industries is
accelerating the demand for heat exchangers across the world attributing
towards growth to the global heat exchangers market.
Rising prices of several forms of energy, increasing
environmental concerns and regulations associated with them and rapid
industrialization in emerging economies are key factors driving the market.
However, lack of general awareness regarding energy efficiency and automation
in buildings is expected to restrain the market growth during the forecast
period.
On the basis of segmentation, The Heat Exchangers market is
segmented into Type and Application. The Type segment is classified into
Lead-Acid Battery and Lithium-Ion Battery. The material segment is classified
into Shell & Tube Heat Exchangers, Plate & Frame Heat Exchangers, Air
Cooled Heat Exchangers and Others. Application segment is classified as
Chemical, Petrochemical and Oil & Gas, HVACR, Food & Beverage, Power
Generation, Pulp & Paper and Others. The Type segment is anticipated to
dominate the Heat Exchangers market considering the forthcoming years and the
global scenario.
The regional analysis of Global Heat Exchangers Market is
considered for the key regions such as Asia Pacific, North America, Europe,
Latin America and Rest of the World. North America is the fastest growing
region across the world in terms of market share. Whereas, owing to the
countries such as China, Japan, and India, Asia Pacific region is anticipated
to be the dominating region over the forecast period 2018-2025.
The leading market
players mainly include-
Alfa Laval
Danfoss
Kelvin Holdings
SPX Corporation and Godrej & Boyce Manufacturing
Xylem
API Heat Transfer
Guntner
Hindustan Dorr-Oliver
Hisaka Works
Johnson Controls International
The objective of the study is to define market sizes of
different segments & countries in recent years and to forecast the values
to the coming eight years. The report is designed to incorporate both
qualitative and quantitative aspects of the industry within each of the regions
and countries involved in the study. Furthermore, the report also caters the
detailed information about the crucial aspects such as driving factors &
challenges which will define the future growth of the market. Additionally, the
report shall also incorporate available opportunities in micro markets for
stakeholders to invest along with the detailed analysis of competitive
landscape and product offerings of key players. The detailed segments and
sub-segment of the market are explained below:
By Type:
Shell & Tube Heat Exchangers,
Plate & Frame Heat Exchangers
Air Cooled Heat Exchangers
Others
By Application:
Chemical
Petrochemical and Oil & Gas
HVACR
Food & Beverage
Power Generation
Pulp & Paper
Others
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2015, 2016
Base year - 2017
Forecast period - 2018 to 2025
Target Audience of the Global Heat Exchangers Market in
Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Contact Us:-
Ken
Research
Ankur Gupta, Head Marketing &
Communications
+91-9015378249