Global Heat Exchanger Market 2024-2028

Description

List of Tables

The heat exchanger market is forecasted to grow by USD 4480.8 mn during 2023-2028, accelerating at a CAGR of 4.4% during the forecast period. The report on the heat exchanger 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 from the water and wastewater industry, growing demand for heat exchanger from apac-based countries, and increase in demand for lightweight and compact heat exchanger for automobiles.

Technavio's heat exchanger market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.14%
CAGR	4.4%
Incremental Value	$4480.8 mn

By End-user

Chemical
Fuel processing
HVAC
Others

By Product

Shell and tube
Plate and frame
Cooling tower
Air cooled
Others

By Geographical Landscape

Europe
APAC
North America
South America
Middle East and Africa

This study identifies the technological advances in the design of heat exchangers as one of the prime reasons driving the heat exchanger market growth during the next few years. Also, increase in the popularity of brazed copper heat exchanger for automotive vehicles and growth in the nuclear power sector will lead to sizable demand in the market.

The report on the heat exchanger market covers the following areas:

Heat exchanger market sizing
Heat exchanger market forecast
Heat exchanger market industry analysis

The 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 heat exchanger market vendors that include Alfa Laval AB, API Heat Transfer Inc., Boyd Corp., Chart Industries Inc., Danfoss AS, Doosan Corp., Dover Corp., Exchanger Industries Ltd., General Electric Co., Guntner GmbH and Co. KG., Hisaka Works Ltd., Johnson Controls International Plc., Kelvion Holding GmbH, Koch Industries Inc., Mersen Corporate Services SAS, Radiant Heat Exchanger Pvt. Ltd., SPX FLOW Inc., Thermal Edge Inc., Thermax Ltd., and Xylem Inc.. Also, the heat exchanger 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.

The publisher 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. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR44592

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Heat Exchanger Market 2018 - 2022
- Historic Market Size - Data Table on Global Heat Exchanger Market 2018 - 2022 ($ million)
4.2 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
6.3 Chemical - Market size and forecast 2023-2028
- Chart on Chemical - Market size and forecast 2023-2028 ($ million)
- Data Table on Chemical - Market size and forecast 2023-2028 ($ million)
- Chart on Chemical - Year-over-year growth 2023-2028 (%)
- Data Table on Chemical - Year-over-year growth 2023-2028 (%)
6.4 Fuel processing - Market size and forecast 2023-2028
- Chart on Fuel processing - Market size and forecast 2023-2028 ($ million)
- Data Table on Fuel processing - Market size and forecast 2023-2028 ($ million)
- Chart on Fuel processing - Year-over-year growth 2023-2028 (%)
- Data Table on Fuel processing - Year-over-year growth 2023-2028 (%)
6.5 HVAC - Market size and forecast 2023-2028
- Chart on HVAC - Market size and forecast 2023-2028 ($ million)
- Data Table on HVAC - Market size and forecast 2023-2028 ($ million)
- Chart on HVAC - Year-over-year growth 2023-2028 (%)
- Data Table on HVAC - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Product

7.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
7.3 Shell and tube - Market size and forecast 2023-2028
- Chart on Shell and tube - Market size and forecast 2023-2028 ($ million)
- Data Table on Shell and tube - Market size and forecast 2023-2028 ($ million)
- Chart on Shell and tube - Year-over-year growth 2023-2028 (%)
- Data Table on Shell and tube - Year-over-year growth 2023-2028 (%)
7.4 Plate and frame - Market size and forecast 2023-2028
- Chart on Plate and frame - Market size and forecast 2023-2028 ($ million)
- Data Table on Plate and frame - Market size and forecast 2023-2028 ($ million)
- Chart on Plate and frame - Year-over-year growth 2023-2028 (%)
- Data Table on Plate and frame - Year-over-year growth 2023-2028 (%)
7.5 Cooling tower - Market size and forecast 2023-2028
- Chart on Cooling tower - Market size and forecast 2023-2028 ($ million)
- Data Table on Cooling tower - Market size and forecast 2023-2028 ($ million)
- Chart on Cooling tower - Year-over-year growth 2023-2028 (%)
- Data Table on Cooling tower - Year-over-year growth 2023-2028 (%)
7.6 Air cooled - Market size and forecast 2023-2028
- Chart on Air cooled - Market size and forecast 2023-2028 ($ million)
- Data Table on Air cooled - Market size and forecast 2023-2028 ($ million)
- Chart on Air cooled - Year-over-year growth 2023-2028 (%)
- Data Table on Air cooled - Year-over-year growth 2023-2028 (%)
7.7 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Alfa Laval AB
- Alfa Laval AB - Overview
- Alfa Laval AB - Business segments
- Alfa Laval AB - Key news
- Alfa Laval AB - Key offerings
- Alfa Laval AB - Segment focus
12.4 API Heat Transfer Inc.
- API Heat Transfer Inc. - Overview
- API Heat Transfer Inc. - Product / Service
- API Heat Transfer Inc. - Key offerings
12.5 Boyd Corp.
- Boyd Corp. - Overview
- Boyd Corp. - Product / Service
- Boyd Corp. - Key offerings
12.6 Chart Industries Inc.
- Chart Industries Inc. - Overview
- Chart Industries Inc. - Business segments
- Chart Industries Inc. - Key news
- Chart Industries Inc. - Key offerings
- Chart Industries Inc. - Segment focus
12.7 Danfoss AS
- Danfoss AS - Overview
- Danfoss AS - Product / Service
- Danfoss AS - Key offerings
12.8 Doosan Corp.
- Doosan Corp. - Overview
- Doosan Corp. - Business segments
- Doosan Corp. - Key news
- Doosan Corp. - Key offerings
- Doosan Corp. - Segment focus
12.9 Dover Corp.
- Dover Corp. - Overview
- Dover Corp. - Business segments
- Dover Corp. - Key news
- Dover Corp. - Key offerings
- Dover Corp. - Segment focus
12.10 Exchanger Industries Ltd.
- Exchanger Industries Ltd. - Overview
- Exchanger Industries Ltd. - Product / Service
- Exchanger Industries Ltd. - Key offerings
12.11 General Electric Co.
- General Electric Co. - Overview
- General Electric Co. - Business segments
- General Electric Co. - Key news
- General Electric Co. - Key offerings
- General Electric Co. - Segment focus
12.12 Hisaka Works Ltd.
- Hisaka Works Ltd. - Overview
- Hisaka Works Ltd. - Product / Service
- Hisaka Works Ltd. - Key offerings
12.13 Johnson Controls International Plc.
- Johnson Controls International Plc. - Overview
- Johnson Controls International Plc. - Business segments
- Johnson Controls International Plc. - Key news
- Johnson Controls International Plc. - Key offerings
- Johnson Controls International Plc. - Segment focus
12.14 Kelvion Holding GmbH
- Kelvion Holding GmbH - Overview
- Kelvion Holding GmbH - Product / Service
- Kelvion Holding GmbH - Key offerings
12.15 Koch Industries Inc.
- Koch Industries Inc. - Overview
- Koch Industries Inc. - Product / Service
- Koch Industries Inc. - Key offerings
12.16 SPX FLOW Inc.
- SPX FLOW Inc. - Overview
- SPX FLOW Inc. - Product / Service
- SPX FLOW Inc. - Key news
- SPX FLOW Inc. - Key offerings
12.17 Thermal Edge Inc.
- Thermal Edge Inc. - Overview
- Thermal Edge Inc. - Product / Service
- Thermal Edge Inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations