PUBLISHER: TechNavio | PRODUCT CODE: 1502563
PUBLISHER: TechNavio | PRODUCT CODE: 1502563
Technavio has been monitoring the plate and frame heat exchangers market and is forecast to grow by $ 1421.2 mn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. Our report on the plate and frame heat exchangers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for plate and frame heat exchangers from end-users, growing adoption of cleanrooms across industries, and rising number of data centers.
Technavio's plate and frame heat exchangers market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 4.11% |
CAGR | 4.36% |
Incremental Value | $1421.2mn |
By End-user
By Type
By Geographical Landscape
This study identifies the expansion and addition of new manufacturing capacities as one of the prime reasons driving the plate and frame heat exchangers market growth during the next few years. Also, advances in design of plate and frame heat exchangers and increasing demand for energy-efficient plate and frame exchangers will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the plate and frame heat exchangers market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plate and frame heat exchangers market vendors that include Advanced Industrial Components Inc., Alfa Laval AB, American Plate Exchanger, API Heat Transfer Inc., Avingtrans plc, Baffles cooling systems, Danfoss AS, Dover Corp., FISCHER Maschinen u. Apparatebau GmbH, FUNKE Warmeaustauscher Apparatebau GmbH, Hisaka Works Ltd., ITT Inc., Kelvion Holding GmbH, Paul Mueller Co. Inc., Process Engineers And Associates, S.A. Armstrong Ltd., SPX FLOW Inc., Taco Comfort Solutions, Thermaline Inc., and Xylem Inc.. Also, the plate and frame heat exchangers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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