The world population is expected to reach nine billion by 2050, with most of the growth occurring in developing countries. Due to the increase in population, the global energy consumption is expected to increase drastically. This will also lead to the nations being industrialized. The growth of industrialization will certainly drive the market for heat exchangers, heating, ventilation and air conditioning systems (HVAC), which use heat exchangers, extensively. Cooling equipment in the HVAC systems, in the residential sector, will see an increasing demand for heat exchangers as most of the HVAC systems need refurbishments, along with new installations in many parts of the world.
The main concern regarding heat exchangers is the availability of raw material and their price fluctuation. Hence, this can be a constraint for the heat exchangers market. However, this market has several market opportunities, such as technological improvements and the growth of emerging markets across the world, especially in Asia-Pacific.
Market Segmentation & Scope
The heat exchanger market applies to different sectors, such as residential, commercial and industrial, with the industrial segment occupying the largest share, globally. The market has also been categorized, based on the construction type, into tubular, plate type and extended surface. XX type of heat exchanger occupies the biggest market in the world, with a share of XX% in 2016. The market has been further segmented, based on the end-user, into oil & gas, automotive and aviation, power plants, mining, chemicals, HVAC, and others. XX end-user occupied the largest market share of XX%, in 2016. Geographically, the market has been segmented into North America, Asia-Pacific, Europe, the Middle East & Africa and Latin America, with Asia-Pacific occupying the largest consumer base in the world. XX and XX follow the list in the same order. The major companies dominating this market for its products, services, and continuous product developments have been listed in the report.
Scope of the Report:
Global Heat Exchanger Market Analysis, by Construction Type
Global Heat Exchanger Market Analysis, by Application
Global Heat Exchanger Market Analysis, by End-User
Oil & Gas
Automotive & Aviation
Global Heat Exchanger Market Analysis, by Region
The Middle East & Africa
Alfa Laval AB
Barriquand technologies Thermiques
Hrs Heat Exchangers Ltd
Modine Manufacturing Company
Sondex Holdings A/S
Key Deliverables in the Study
Market Overview - market analysis and identification of key drivers, restraints, and opportunities.
Major trends and economic outlook.
Supply chain analysis.
Porter’s five forces analysis.
A comprehensive summary of the industry sectors and regions poised for the fastest-growth.
Heat Exchanger market analysis by type, region, capacity/rating, end-use, and application.
Future outlook of the market.
Extensively researched competitive landscape section with profiles of major companies, along with their estimated market shares.
2. Research Approach and Methodology
3. Heat Exchangers Market Overview
3.2 Market Size and Demand Forecast to 2022
3.3 Recent Trends and Developments
3.4 Government Policies and Regulations
4. Market Dynamics
5. Porter's Five Forces Framework
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Consumers
5.3 Threat of New Entrants
5.4 Threat of Substitute Products and Services
5.5 Competitive Rivalry
6. Supply Chain Analysis
7. Global Heat Exchangers Market Analysis, by Geography
7.1 North America
7.1.1 Market Overview
7.1.2 Market Size and Demand Forecast to 2022
7.1.3 Recent Trends and Developments
7.2.1 Market Overview
7.2.2 Market Size and Demand Forecast to 2022
7.2.3 Recent Trends and Developments
7.3.1 Market Overview
7.3.2 Market Size and Demand Forecast to 2022
7.3.3 Recent Trends and Developments
7.4 South America
7.4.1 Market Overview
7.4.2 Market Size and Demand Forecast to 2022
7.4.3 Recent Trends and Developments
7.5 Africa & Middle East
7.5.1 Market Overview
7.5.2 Market Size and Demand Forecast to 2022
7.5.3 Recent Trends and Developments
8. Global Heat Exchangers Market Analysis, by Type
8.1 Shell & Tube Heat Exchangers
8.1.1 Market Overview
8.1.2 Market Size and Demand Forecast to 2022
8.2 Plate & Frame Heat Exchangers
8.2.1 Market Overview
8.2.2 Market Size and Demand Forecast to 2022
8.3 Air-Cooled Heat Exchangers
8.3.1 Market Overview
8.3.2 Market Size and Demand Forecast to 2022
9. Key Company Analysis
9.1 Alfa Laval AB
9.2 SPX Corporation
9.3 General Electric
9.4 Kelvion Inc.
9.5 Hughes Anderson Heat Exchangers Inc.
9.6 Hudson Products Corp.
9.7 Lytron Inc.
9.8 Nexson Group
9.9 Harsco Corporation.
9.10 G.A.M. Holding GmbH
10. Competitive Landscape
10.1 Mergers & Acquisitions
10.2 Joint Ventures, Collaborations and Agreements
11.1 Study Assumptions