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Heat Exchangers Market Opportunity Assessment, Market Challenges, Key vendor analysis, Vendor landscape by 2027

Press release   •   Aug 02, 2019 15:38 IST

Heat Exchangers Market

The demand for heat exchangers is increasingly gaining traction with increasing applications in the heating and cooling equipment for commercial and residential purposes. Besides, the shifting focus towards effective utilization of waste heat from industrial processes provides a positive outlook for the heat exchanger industry during the forecast period.

The heat exchangers market is anticipated to grow in the forecast period owing to driving factors such as rising prices of energy coupled with increasing industrial activities across the developing markets. Furthermore, strict environment regulation may hamper the growth of the heat exchangers market during the forecast period. However, lack of awareness about energy efficiency in buildings may inhibit the growth of the heat exchangers market during the forecast period. On the other hand, the growing demand for nuclear power generation is expected to offer lucrative opportunities for market players in the future.

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The global heat exchangers market is segmented on the basis of type and application. Based on type, the market is segmented as shell & tube, plate & frame, air cooled and others. On the basis of the application the market is segmented as oil & gas, power generation, HVAC & refrigeration, chemical, food & beverage and others.

Leading industry players with information such as company profiles, Aggreko, Alfa Laval, API Heat Transfer, Cummins, Danfoss, Doosan, GEA Group AG, IHI Corporation, Kelvion Holding, Xylem. 

The report analyzes factors affecting heat exchangers market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the heat exchangers market in these regions.

It provides an overview and forecast of the global heat exchangers market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The heat exchangers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The reports cover key developments in the heat exchangers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from heat exchangers market are anticipated to lucrative growth opportunities in the future with the rising demand for heat exchangers in the global market. Below mentioned is the list of few companies engaged in the heat exchangers market.

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