Heat Transfer Equipment is a piece of equipment built for efficient heat transfer from one medium to another. Heat Transfer Equipment are devices whose primary responsibility is the transfer (exchange) of heat, typically from one fluid to another. However, they are not only used in heating applications, such as space heaters, but are also used in cooling applications, such as refrigerators and air conditioners.
This report aims to provide a comprehensive presentation of the global market for Heat Transfer Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heat Transfer Equipment. This report contains market size and forecasts of Heat Transfer Equipment in global, including the following market information:
- Global Heat Transfer Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Heat Transfer Equipment Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Heat Transfer Equipment companies in 2022 (%)
The global Heat Transfer Equipment market was valued at US$ 14240 million in 2022 and is projected to reach US$ 19010 million by 2029, at a CAGR of 4.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Alfa Laval and Kelvion (GEA) are the top 2 players of Heat Transfer Equipment, with about 30% market shares.
We surveyed the Heat Transfer Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Heat Transfer Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Heat Transfer Equipment Market Segment Percentages, by Type, 2022 (%)
- Shell & Tube
- Plate
- Fin Type
- Air Cooled
Global Heat Transfer Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Heat Transfer Equipment Market Segment Percentages, by Application, 2022 (%)
- Petrochemical
- Electric Power & Metallurgy
- Shipbuilding Industry
- Mechanical Industry
- Central Heating
- Food Industry
- Others
Global Heat Transfer Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Heat Transfer Equipment Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Heat Transfer Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Heat Transfer Equipment revenues share in global market, 2022 (%)
- Key companies Heat Transfer Equipment sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Heat Transfer Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Alfa Laval
- Kelvion (GEA)
- SPX Corporation
- IHI
- SPX-Flow
- DOOSAN
- API
- KNM
- Funke
- Xylem
- Thermowave
- Hisaka
- Sondex A/S
- SWEP
- LARSEN & TOUBRO
- Accessen
- THT
- Hitachi Zosen
- LANPEC
- Siping ViEX
- Beichen
- Lanzhou LS
- Defon
- Ormandy
- FL-HTEP
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Heat Transfer Equipment, market overview.
- Chapter 2: Global Heat Transfer Equipment market size in revenue and volume.
- Chapter 3: Detailed analysis of Heat Transfer Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Heat Transfer Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Heat Transfer Equipment capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.