Europe Heat Exchangers Market by Type (Shell & Tube, Plate & Frame, Air Cooled, and Others), by Material (Metals, Alloys, and Brazing-CLAD), and by End User (Chemical, Energy & Power, Heating, Ventilation, Air Conditioning, and Refrigeration (HVACR), Food & Beverage, Pulp & Paper, and Others)– Opportunity Analysis and Industry Forecast, 2024–2030

Europe Heat Exchangers Market

Industry:  Construction & Manufacturing | Publish Date: Mar 2024 | No of Pages:  170 | No. Tables:  123 | No. Figures:  88

Market Overview

The Europe Heat Exchangers Market size was valued at USD 3613.9 million in 2023, and is predicted to reach USD 5415.9 million by 2030, with a CAGR of 5.3% from 2024 to 2030.

Heat exchangers are sophisticated devices crafted to transfer heat from one fluid to another without direct fluid contact. They are widely deployed across industrial, commercial, and residential domains, including HVAC systems and refrigeration units, to effectively heat or cool fluids or air. These devices function by permitting heat to traverse through a barrier, be it a solid wall or a series of plates or tubes.

Their utility spans various tasks, from heating water in boilers to cooling air in air conditioning systems. Heat exchangers come in a myriad of designs customized to specific needs, ranging from basic radiator coils to intricate systems employed in chemical processing plants and power generation facilities.

They serve pivotal roles across multiple industries and applications, regulating air temperature in buildings, aiding steam production in power plants, managing temperatures during chemical reactions, and facilitating food processing, among other functions. Moreover, they are vital components in automotive cooling systems and boast extensive applications in aerospace, marine, and wastewater treatment sectors, playing a significant role in ensuring efficient thermal management and energy transfer.

Rising Urbanization and Industrialization across Europe drive market growth

The expansion of industrialization and urbanization in Europe significantly shapes the growth of the heat exchangers market. With the continuous growth of manufacturing, energy, and construction sectors, there is a rising demand for effective heat exchange solutions to meet diverse industrial needs. Industries including power generation, heavily reliant on heat exchangers for steam production and turbine cooling, are experiencing notable growth due to increasing energy requirements.

Moreover, the upsurge in construction projects is driving the need for HVAC systems in both commercial and residential buildings, thus escalating the demand for heat exchangers in air conditioning and refrigeration applications. 

Additionally, the market for heat exchangers is undergoing significant changes due to the expanding middle class and the ongoing trend of urbanization. Urbanization is accompanied by a growing demand for convenient food options and streamlined supply chains that optimize resource utilization, including energy, water, and raw materials. Furthermore, consumers are placing greater importance on food and beverage products with minimal environmental impact, preferring those produced sustainably or packaged using eco-friendly materials.

 

Growing Demand for Renewable Energy in Europe Propels Market Growth

The burgeoning demand for renewable energy in Europe is propelling growth in the heat exchangers market, driven by investments in solar, wind, and geothermal power ventures. Heat exchangers are pivotal components in these renewable energy systems, facilitating crucial heat transfer processes essential for energy generation and storage.

The proliferation of solar thermal power plants, the advancement of geothermal energy initiatives, and supportive governmental initiatives advocating for the adoption of renewable energy sources all contribute to the heightened demand for heat exchangers.

Moreover, the emphasis on energy efficiency and sustainability further amplifies market growth, as heat exchangers play a central role in optimizing thermal management systems and augmenting overall energy efficiency across renewable energy infrastructure.

High Maintenance and Installation Costs Restrain Market Growth

The expansion of the heat exchangers market faces notable obstacles, primarily stemming from high initial expenditures and continuous maintenance costs. The significant investment required for procuring and installing heat exchangers, particularly in extensive industrial settings, can dissuade businesses, especially those with constrained financial capacities, from adopting this technology.

Additionally, although heat exchangers promise long-term cost benefits through energy efficiency, they entail regular maintenance and operational outlays, encompassing cleaning and repairs. Consequently, the perceived financial burden associated with heat exchangers could act as a deterrent to their broad adoption, thereby impeding market growth within particular sectors.

Advancements in Cutting-Edge Materials and the Rising Trend of Industry 4.0 Create a Market Opportunity

The incorporation of advanced materials such as graphene and advanced ceramics represents a significant advancement in heat exchangers technology. These materials possess remarkable properties such as high thermal conductivity and corrosion resistance, offering considerable potential for enhancing efficiency, durability, and overall performance across diverse industries such as HVACR, automotive, aerospace, and renewable energy. Leveraging these distinctive attributes, heat exchangers can facilitate more effective heat transfer and better endure challenging operational conditions, thereby enhancing reliability and extending lifespan.

Furthermore, the adoption of advanced materials holds the promise of reducing energy consumption and prolonging service life by approximately 5 to 10 years, resulting in substantial benefits in terms of operational efficiency and sustainability across various sectors.

Moreover, the rise of Industry 4.0, characterized by the integration of automation, data exchange, and digital technologies in manufacturing processes, presents further opportunities for advancing heat exchangers technology. Through enhanced monitoring, control, and optimization facilitated by Industry 4.0 technologies, heat exchangers can attain heightened efficiency and productivity.

Hence, the synergy between advanced materials and Industry 4.0 innovations is poised to propel innovation and growth in the heat exchangers market, offering improved performance and sustainability across a wide range of industrial applications.

 

Germany holds the dominant market share in the European Market

Germany holds the dominant market share in the heat exchangers market due to several factors. Firstly, Germany is known for its strong industrial base and advanced manufacturing capabilities, allowing it to produce high-quality heat exchangers that meet stringent industry standards.

Secondly, the country has a robust research and development infrastructure, fostering innovation in heat exchanger technologies and enabling continuous improvements in efficiency and performance. Thirdly, Germany's emphasis on energy efficiency and environmental sustainability drives the adoption of heat exchangers across various sectors, including automotive, aerospace, manufacturing, and renewable energy. 

Additionally, the country's well-developed infrastructure and favorable government policies support the growth of the heat exchangers industry by encouraging investments and promoting market expansion. Overall, Germany's combination of technological expertise, innovation, and supportive policies positions it as a leader in the global heat exchangers market.

Russia is Expected to Show Steady Growth in the European Market

Russia is expected to show steady growth in the heat exchangers market due to several factors. Firstly, the country's expanding industrial sector, particularly in sectors such as oil and gas, chemical processing, and power generation, drives the demand for heat exchangers for various applications including heat recovery, thermal management, and process heating.

Secondly, Russia's focus on modernizing its infrastructure and improving energy efficiency creates opportunities for the adoption of heat exchangers in HVAC systems, industrial processes, and renewable energy projects. Thirdly, government initiatives aimed at promoting energy efficiency and reducing environmental impact further stimulate the demand for heat exchangers across different industries.

Additionally, Russia's strategic geographic location and its role as a major energy exporter contribute to the growth of the heat exchangers market as it fuels investments in energy-related infrastructure projects. Overall, these factors collectively support the anticipated steady growth of the heat exchangers market in Russia.

 

Competitive Landscape

Several market players operating in the Europe heat exchangers market include Alfa Laval AB, Johnson Controls International plc, Carrier Global Corporation, Lennox International Inc., Trane Technologies plc, API Heat Transfer Inc., Kelvion Holding GmbH, Xylem Inc., Danfoss Group, and General Electric Company among others. These companies are adopting various strategies such as product launches to remain dominant in the heat exchangers market.

Key Market Segments

By Type

  • Shell & Tube 

    • Fixed Tube Heat Exchangers

    • U-Tube Heat Exchangers

    • Floating Head Heat Exchangers

    • Other Shell & Tube Heat Exchangers

  • Plate & Frame Heat Exchangers

    • Gasketed Plate & Frame Heat Exchangers

    • Welded Plate & Frame Heat Exchangers

    • Brazed Plate & Frame Heat Exchangers

    • Other Plate & Frame Heat Exchangers

  • Air Cooled

    • Forced Draft Heat Exchangers

    • Induced Draft Heat Exchangers

  • Others

By Materials

  • Metals

  • Alloys

  • Brazing-CLAD

By End User

  • Chemical

  • Energy & Power

  • HVACR

  • Food & Beverage

  • Pulp & Paper

  • Others

By Country            

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Singapore

  • Taiwan

  • Thailand

  • Rest of Europe

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size in 2023

USD 3613.9 Million

Revenue Forecast in 2030

USD 5415.9 Million

Growth Rate

CAGR of 5.3% from 2024 to 2030

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Million (USD)

Growth Factors

  • Rising urbanization and industrialization across the Europe.

  • Growing demand for renewable energy in the Europe.

Countries Covered

9

Companies Profiled

10

Market Share

Available for 10 companies

Customization Scope

Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

Test

1      INTRODUCTION

           1.1      REPORT DESCRIPTION

           1.2      RESEARCH METHODOLOGY

                         1.2.1      SECONDARY RESEARCH

                         1.2.2      DATA ANALYSIS FRAMEWORK

                         1.2.3      MARKET SIZE ESTIMATION

                         1.2.4      FORECASTING

                         1.2.5      PRIMARY RESEARCH AND DATA VALIDATION

2      EUROPE HEAT EXCHANGERS MARKET – EXECUTIVE SUMMARY

           2.1.      MARKET SNAPSHOT, 2023 - 2030, MILLION USD

3      PORTER’S FIVE FORCE MODEL ANALYSIS

           3.1      BARGAINING POWER OF SUPPLIERS

           3.2      BARGAINING POWER OF BUYERS

           3.3      DEGREE OF COMPETITION

           3.4      THREAT OF SUBSTITUTE

           3.5      THREAT OF NEW ENTRANTS

4      MARKET SHARE ANALYSIS

           4.1      MARKET SHARE ANALYSIS OF TOP PROVIDERS, 2023

5      MARKET DYNAMICS

           5.1      GROWTH DRIVERS

                         5.1.1      DRIVER 1

                         5.1.2      DRIVER 2

                         5.1.3      DRIVER 3

                         5.1.4      DRIVER 4

           5.2      CHALLENGES

                         5.2.1      CHALLENGE 1

                         5.2.2      CHALLENGE 2

                         5.2.3      CHALLENGE 3

                         5.2.4      CHALLENGE 4

           5.3      OPPORTUNITIES

                         5.3.1      OPPORTUNITY 1

                         5.3.2      OPPORTUNITY 2

6      EUROPE HEAT EXCHANGERS MARKET BY TYPE

           6.1      OVERVIEW

           6.2      SHELL AND TUBE

                         6.2.1      SHELL AND TUBE MARKET, BY TYPE

                                          6.2.1.1      FIXED TUBE HEAT EXCHANGERS MARKET, BY COUNTRY

                                          6.2.1.2       U-TUBE HEAT EXCHANGERS MARKET, BY COUNTRY

                                          6.2.1.3       FLOATING HEAD HEAT EXCHANGERS MARKET, BY COUNTRY

                                          6.2.1.4       OTHER SHELL AND TUBE HEAT EXCHANGERS MARKET, BY COUNTRY

                         6.2.2      SHELL AND TUBE MARKET, BY COUNTRY

           6.3      PLATE AND FRAME HEAT EXCHANGERS

                         6.3.1      PLATE AND FRAME HEAT EXCHANGERS MARKET, BY TYPE

                                          6.3.1.1      GASKETED PLATE AND FRAME HEAT EXCHANGERS MARKET, BY COUNTRY

                                          6.3.1.2       WELDED PLATE AND FRAME HEAT EXCHANGERS MARKET, BY COUNTRY

                                          6.3.1.3       BRAZED PLATE AND FRAME HEAT EXCHANGERS MARKET, BY COUNTRY

                                          6.3.1.4       OTHER PLATE AND FRAME HEAT EXCHANGERS MARKET, BY COUNTRY

                         6.3.2      PLATE AND FRAME HEAT EXCHANGERS MARKET, BY COUNTRY

           6.4      AIR COOLED

                         6.4.1      AIR COOLED MARKET, BY TYPE

                                          6.4.1.1      FORCED DRAFT HEAT EXCHANGERS MARKET, BY COUNTRY

                                          6.4.1.2       INDUCED DRAFT HEAT EXCHANGERS MARKET, BY COUNTRY

                         6.4.2      AIR COOLED MARKET, BY COUNTRY

           6.5      OTHERS

                         6.5.1      OTHERS MARKET, BY COUNTRY

7      EUROPE HEAT EXCHANGERS MARKET BY MATERIALS

           7.1      OVERVIEW

           7.2      METALS

                         7.2.1      METALS MARKET, BY COUNTRY

           7.3      ALLOYS

                         7.3.1      ALLOYS MARKET, BY COUNTRY

           7.4      BRAZING-CLAD

                         7.4.1      BRAZING-CLAD MARKET, BY COUNTRY

8      EUROPE HEAT EXCHANGERS MARKET BY END USER

           8.1      OVERVIEW

           8.2      CHEMICAL

                         8.2.1      CHEMICAL MARKET, BY COUNTRY

           8.3      ENERGY AND POWER

                         8.3.1      ENERGY AND POWER MARKET, BY COUNTRY

           8.4      HVACR

                         8.4.1      HVACR MARKET, BY COUNTRY

           8.5      FOOD AND BEVERAGE

                         8.5.1      FOOD AND BEVERAGE MARKET, BY COUNTRY

           8.6      PULP AND PAPER

                         8.6.1      PULP AND PAPER MARKET, BY COUNTRY

           8.7      OTHERS

                         8.7.1      OTHERS MARKET, BY COUNTRY

9     EUROPE HEAT EXCHANGERS MARKET, BY COUNTRY

           9.1     OVERVIEW

           9.2     GERMANY

                         9.2.1     EUROPE HEAT EXCHANGERS MARKET, BY TYPE

                         9.2.2     EUROPE HEAT EXCHANGERS MARKET, BY MATERIALS

                         9.2.3     EUROPE HEAT EXCHANGERS MARKET, BY END USER

           9.3     FRANCE

                         9.3.1     EUROPE HEAT EXCHANGERS MARKET, BY TYPE

                         9.3.2     EUROPE HEAT EXCHANGERS MARKET, BY MATERIALS

                         9.3.3     EUROPE HEAT EXCHANGERS MARKET, BY END USER

           9.4     ITALY

                         9.4.1     EUROPE HEAT EXCHANGERS MARKET, BY TYPE

                         9.4.2     EUROPE HEAT EXCHANGERS MARKET, BY MATERIALS

                         9.4.3     EUROPE HEAT EXCHANGERS MARKET, BY END USER

           9.5     SPAIN

                         9.5.1     EUROPE HEAT EXCHANGERS MARKET, BY TYPE

                         9.5.2     EUROPE HEAT EXCHANGERS MARKET, BY MATERIALS

                         9.5.3     EUROPE HEAT EXCHANGERS MARKET, BY END USER

           9.6     UNITED KINGDOM

                         9.6.1     EUROPE HEAT EXCHANGERS MARKET, BY TYPE

                         9.6.2     EUROPE HEAT EXCHANGERS MARKET, BY MATERIALS

                         9.6.3     EUROPE HEAT EXCHANGERS MARKET, BY END USER

           9.7     RUSSIA

                         9.7.1     EUROPE HEAT EXCHANGERS MARKET, BY TYPE

                         9.7.2     EUROPE HEAT EXCHANGERS MARKET, BY MATERIALS

                         9.7.3     EUROPE HEAT EXCHANGERS MARKET, BY END USER

           9.8     SWEDEN

                         9.8.1     EUROPE HEAT EXCHANGERS MARKET, BY TYPE

                         9.8.2     EUROPE HEAT EXCHANGERS MARKET, BY MATERIALS

                         9.8.3     EUROPE HEAT EXCHANGERS MARKET, BY END USER

           9.9     NORWAY

                         9.9.1     EUROPE HEAT EXCHANGERS MARKET, BY TYPE

                         9.9.2     EUROPE HEAT EXCHANGERS MARKET, BY MATERIALS

                         9.9.3     EUROPE HEAT EXCHANGERS MARKET, BY END USER

           9.10     DENMARK

                         9.10.1     EUROPE HEAT EXCHANGERS MARKET, BY TYPE

                         9.10.2     EUROPE HEAT EXCHANGERS MARKET, BY MATERIALS

                         9.10.3     EUROPE HEAT EXCHANGERS MARKET, BY END USER

           9.11     NETHERLANDS

                         9.11.1     EUROPE HEAT EXCHANGERS MARKET, BY TYPE

                         9.11.2     EUROPE HEAT EXCHANGERS MARKET, BY MATERIALS

                         9.11.3     EUROPE HEAT EXCHANGERS MARKET, BY END USER

           9.12     FINLAND

                         9.12.1     EUROPE HEAT EXCHANGERS MARKET, BY TYPE

                         9.12.2     EUROPE HEAT EXCHANGERS MARKET, BY MATERIALS

                         9.12.3     EUROPE HEAT EXCHANGERS MARKET, BY END USER

           9.13     REST OF EUROPE

                         9.13.1     EUROPE HEAT EXCHANGERS MARKET, BY TYPE

                         9.13.2     EUROPE HEAT EXCHANGERS MARKET, BY MATERIALS

                         9.13.3     EUROPE HEAT EXCHANGERS MARKET, BY END USER

10   COMPANY PROFILES

           10.1   ALFA LAVAL AB

                         10.1.1   COMPANY OVERVIEW

                         10.1.2   COMPANY SNAPSHOT

                         10.1.3   OPERATING BUSINESS SEGMENTS

                         10.1.4   PRODUCT PORTFOLIO

                         10.1.5   BUSINESS PERFORMANCE

                         10.1.6   BUSINESS SEGMENTS

                         10.1.7   GEOGRAPHIC SEGMENTS

                         10.1.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         10.1.9   PRIMARY MARKET COMPETITORS

           10.2   JOHNSON CONTROLS INTERNATIONAL PLC

                         10.2.1   COMPANY OVERVIEW

                         10.2.2   COMPANY SNAPSHOT

                         10.2.3   OPERATING BUSINESS SEGMENTS

                         10.2.4   PRODUCT PORTFOLIO

                         10.2.5   BUSINESS PERFORMANCE

                         10.2.6   BUSINESS SEGMENTS

                         10.2.7   GEOGRAPHIC SEGMENTS

                         10.2.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         10.2.9   PRIMARY MARKET COMPETITORS

           10.3   CARRIER GLOBAL CORPORATION

                         10.3.1   COMPANY OVERVIEW

                         10.3.2   COMPANY SNAPSHOT

                         10.3.3   OPERATING BUSINESS SEGMENTS

                         10.3.4   PRODUCT PORTFOLIO

                         10.3.5   BUSINESS PERFORMANCE

                         10.3.6   BUSINESS SEGMENTS

                         10.3.7   GEOGRAPHIC SEGMENTS

                         10.3.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         10.3.9   PRIMARY MARKET COMPETITORS

           10.4   LENNOX INTERNATIONAL INC.

                         10.4.1   COMPANY OVERVIEW

                         10.4.2   COMPANY SNAPSHOT

                         10.4.3   OPERATING BUSINESS SEGMENTS

                         10.4.4   PRODUCT PORTFOLIO

                         10.4.5   BUSINESS PERFORMANCE

                         10.4.6   BUSINESS SEGMENTS

                         10.4.7   GEOGRAPHIC SEGMENTS

                         10.4.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         10.4.9   PRIMARY MARKET COMPETITORS

           10.5   TRANE TECHNOLOGIES PLC

                         10.5.1   COMPANY OVERVIEW

                         10.5.2   COMPANY SNAPSHOT

                         10.5.3   OPERATING BUSINESS SEGMENTS

                         10.5.4   PRODUCT PORTFOLIO

                         10.5.5   BUSINESS PERFORMANCE

                         10.5.6   BUSINESS SEGMENTS

                         10.5.7   GEOGRAPHIC SEGMENTS

                         10.5.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         10.5.9   PRIMARY MARKET COMPETITORS

           10.6   API HEAT TRANSFER INC.

                         10.6.1   COMPANY OVERVIEW

                         10.6.2   COMPANY SNAPSHOT

                         10.6.3   OPERATING BUSINESS SEGMENTS

                         10.6.4   PRODUCT PORTFOLIO

                         10.6.5   BUSINESS PERFORMANCE

                         10.6.6   BUSINESS SEGMENTS

                         10.6.7   GEOGRAPHIC SEGMENTS

                         10.6.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         10.6.9   PRIMARY MARKET COMPETITORS

           10.7   KELVION HOLDING GMBH

                         10.7.1   COMPANY OVERVIEW

                         10.7.2   COMPANY SNAPSHOT

                         10.7.3   OPERATING BUSINESS SEGMENTS

                         10.7.4   PRODUCT PORTFOLIO

                         10.7.5   BUSINESS PERFORMANCE

                         10.7.6   BUSINESS SEGMENTS

                         10.7.7   GEOGRAPHIC SEGMENTS

                         10.7.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         10.7.9   PRIMARY MARKET COMPETITORS

           10.8   XYLEM INC.

                         10.8.1   COMPANY OVERVIEW

                         10.8.2   COMPANY SNAPSHOT

                         10.8.3   OPERATING BUSINESS SEGMENTS

                         10.8.4   PRODUCT PORTFOLIO

                         10.8.5   BUSINESS PERFORMANCE

                         10.8.6   BUSINESS SEGMENTS

                         10.8.7   GEOGRAPHIC SEGMENTS

                         10.8.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         10.8.9   PRIMARY MARKET COMPETITORS

           10.9   DANFOSS GROUP

                         10.9.1   COMPANY OVERVIEW

                         10.9.2   COMPANY SNAPSHOT

                         10.9.3   OPERATING BUSINESS SEGMENTS

                         10.9.4   PRODUCT PORTFOLIO

                         10.9.5   BUSINESS PERFORMANCE

                         10.9.6   BUSINESS SEGMENTS

                         10.9.7   GEOGRAPHIC SEGMENTS

                         10.9.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         10.9.9   PRIMARY MARKET COMPETITORS

           10.10   GENERAL ELECTRIC COMPANY

                         10.10.1   COMPANY OVERVIEW

                         10.10.2   COMPANY SNAPSHOT

                         10.10.3   OPERATING BUSINESS SEGMENTS

                         10.10.4   PRODUCT PORTFOLIO

                         10.10.5   BUSINESS PERFORMANCE

                         10.10.6   BUSINESS SEGMENTS

                         10.10.7   GEOGRAPHIC SEGMENTS

                         10.10.8   KEY STRATEGIC MOVES AND DEVELOPMENT

                         10.10.9   PRIMARY MARKET COMPETITORS

LIST OF TABLES

TABLE 1. EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

TABLE 2. FIXED TUBE HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY 2023-2030, (MILLION USD)

TABLE 3. U-TUBE HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY 2023-2030, (MILLION USD)

TABLE 4. FLOATING HEAD HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY 2023-2030, (MILLION USD)

TABLE 5. OTHER SHELL AND TUBE HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY 2023-2030, (MILLION USD)

TABLE 6. SHELL AND TUBE, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

TABLE 7. GASKETED PLATE AND FRAME HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY 2023-2030, (MILLION USD)

TABLE 8. WELDED PLATE AND FRAME HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY 2023-2030, (MILLION USD)

TABLE 9. BRAZED PLATE AND FRAME HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY 2023-2030, (MILLION USD)

TABLE 10. OTHER PLATE AND FRAME HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY 2023-2030, (MILLION USD)

TABLE 11. PLATE AND FRAME HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

TABLE 12. FORCED DRAFT HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY 2023-2030, (MILLION USD)

TABLE 13. INDUCED DRAFT HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY 2023-2030, (MILLION USD)

TABLE 14. AIR COOLED, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

TABLE 15. OTHERS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

TABLE 16. EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS, 2023-2030, (MILLION USD)

TABLE 17. METALS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

TABLE 18. ALLOYS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

TABLE 19. BRAZING-CLAD, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

TABLE 20. EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER, 2023-2030, (MILLION USD)

TABLE 21. CHEMICAL, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

TABLE 22. ENERGY AND POWER, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

TABLE 23. HVACR, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

TABLE 24. FOOD AND BEVERAGE, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

TABLE 25. PULP AND PAPER, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

TABLE 26. OTHERS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

TABLE 27. EUROPE HEAT EXCHANGERS MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

TABLE 28. GERMANY EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

TABLE 29. GERMANY EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS, 2023-2030, (MILLION USD)

TABLE 30. GERMANY EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER, 2023-2030, (MILLION USD)

TABLE 31. FRANCE EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

TABLE 32. FRANCE EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS, 2023-2030, (MILLION USD)

TABLE 33. FRANCE EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER, 2023-2030, (MILLION USD)

TABLE 34. ITALY EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

TABLE 35. ITALY EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS, 2023-2030, (MILLION USD)

TABLE 36. ITALY EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER, 2023-2030, (MILLION USD)

TABLE 37. SPAIN EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

TABLE 38. SPAIN EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS, 2023-2030, (MILLION USD)

TABLE 39. SPAIN EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER, 2023-2030, (MILLION USD)

TABLE 40. UNITED KINGDOM EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

TABLE 41. UNITED KINGDOM EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS, 2023-2030, (MILLION USD)

TABLE 42. UNITED KINGDOM EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER, 2023-2030, (MILLION USD)

TABLE 43. RUSSIA EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

TABLE 44. RUSSIA EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS, 2023-2030, (MILLION USD)

TABLE 45. RUSSIA EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER, 2023-2030, (MILLION USD)

TABLE 46. SWEDEN EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

TABLE 47. SWEDEN EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS, 2023-2030, (MILLION USD)

TABLE 48. SWEDEN EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER, 2023-2030, (MILLION USD)

TABLE 49. NORWAY EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

TABLE 50. NORWAY EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS, 2023-2030, (MILLION USD)

TABLE 51. NORWAY EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER, 2023-2030, (MILLION USD)

TABLE 52. DENMARK EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

TABLE 53. DENMARK EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS, 2023-2030, (MILLION USD)

TABLE 54. DENMARK EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER, 2023-2030, (MILLION USD)

TABLE 55. NETHERLANDS EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

TABLE 56. NETHERLANDS EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS, 2023-2030, (MILLION USD)

TABLE 57. NETHERLANDS EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER, 2023-2030, (MILLION USD)

TABLE 58. FINLAND EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

TABLE 59. FINLAND EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS, 2023-2030, (MILLION USD)

TABLE 60. FINLAND EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER, 2023-2030, (MILLION USD)

TABLE 61. REST OF EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

TABLE 62. REST OF EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS, 2023-2030, (MILLION USD)

TABLE 63. REST OF EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER, 2023-2030, (MILLION USD)

TABLE 64. ALFA LAVAL AB: COMPANY SNAPSHOT

TABLE 65. ALFA LAVAL AB: OPERATING BUSINESS SEGMENTS

TABLE 66. ALFA LAVAL AB: PRODUCT PORTFOLIO

TABLE 67. ALFA LAVAL AB: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 68. ALFA LAVAL AB: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 69. ALFA LAVAL AB: KEY STRATERGY

TABLE 70. JOHNSON CONTROLS INTERNATIONAL PLC: COMPANY SNAPSHOT

TABLE 71. JOHNSON CONTROLS INTERNATIONAL PLC: OPERATING BUSINESS SEGMENTS

TABLE 72. JOHNSON CONTROLS INTERNATIONAL PLC: PRODUCT PORTFOLIO

TABLE 73. JOHNSON CONTROLS INTERNATIONAL PLC: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 74. JOHNSON CONTROLS INTERNATIONAL PLC: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 75. JOHNSON CONTROLS INTERNATIONAL PLC: KEY STRATERGY

TABLE 76. CARRIER GLOBAL CORPORATION: COMPANY SNAPSHOT

TABLE 77. CARRIER GLOBAL CORPORATION: OPERATING BUSINESS SEGMENTS

TABLE 78. CARRIER GLOBAL CORPORATION: PRODUCT PORTFOLIO

TABLE 79. CARRIER GLOBAL CORPORATION: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 80. CARRIER GLOBAL CORPORATION: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 81. CARRIER GLOBAL CORPORATION: KEY STRATERGY

TABLE 82. LENNOX INTERNATIONAL INC.: COMPANY SNAPSHOT

TABLE 83. LENNOX INTERNATIONAL INC.: OPERATING BUSINESS SEGMENTS

TABLE 84. LENNOX INTERNATIONAL INC.: PRODUCT PORTFOLIO

TABLE 85. LENNOX INTERNATIONAL INC.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 86. LENNOX INTERNATIONAL INC.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 87. LENNOX INTERNATIONAL INC.: KEY STRATERGY

TABLE 88. TRANE TECHNOLOGIES PLC: COMPANY SNAPSHOT

TABLE 89. TRANE TECHNOLOGIES PLC: OPERATING BUSINESS SEGMENTS

TABLE 90. TRANE TECHNOLOGIES PLC: PRODUCT PORTFOLIO

TABLE 91. TRANE TECHNOLOGIES PLC: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 92. TRANE TECHNOLOGIES PLC: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 93. TRANE TECHNOLOGIES PLC: KEY STRATERGY

TABLE 94. API HEAT TRANSFER INC.: COMPANY SNAPSHOT

TABLE 95. API HEAT TRANSFER INC.: OPERATING BUSINESS SEGMENTS

TABLE 96. API HEAT TRANSFER INC.: PRODUCT PORTFOLIO

TABLE 97. API HEAT TRANSFER INC.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 98. API HEAT TRANSFER INC.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 99. API HEAT TRANSFER INC.: KEY STRATERGY

TABLE 100. KELVION HOLDING GMBH: COMPANY SNAPSHOT

TABLE 101. KELVION HOLDING GMBH: OPERATING BUSINESS SEGMENTS

TABLE 102. KELVION HOLDING GMBH: PRODUCT PORTFOLIO

TABLE 103. KELVION HOLDING GMBH: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 104. KELVION HOLDING GMBH: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 105. KELVION HOLDING GMBH: KEY STRATERGY

TABLE 106. XYLEM INC.: COMPANY SNAPSHOT

TABLE 107. XYLEM INC.: OPERATING BUSINESS SEGMENTS

TABLE 108. XYLEM INC.: PRODUCT PORTFOLIO

TABLE 109. XYLEM INC.: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 110. XYLEM INC.: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 111. XYLEM INC.: KEY STRATERGY

TABLE 112. DANFOSS GROUP: COMPANY SNAPSHOT

TABLE 113. DANFOSS GROUP: OPERATING BUSINESS SEGMENTS

TABLE 114. DANFOSS GROUP: PRODUCT PORTFOLIO

TABLE 115. DANFOSS GROUP: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 116. DANFOSS GROUP: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 117. DANFOSS GROUP: KEY STRATERGY

TABLE 118. GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT

TABLE 119. GENERAL ELECTRIC COMPANY: OPERATING BUSINESS SEGMENTS

TABLE 120. GENERAL ELECTRIC COMPANY: PRODUCT PORTFOLIO

TABLE 121. GENERAL ELECTRIC COMPANY: SALES BY BUSINESS SEGMENTS (2021-2023)

TABLE 122. GENERAL ELECTRIC COMPANY: SALES BY GEOGRAPHIC SEGMENTS (2021-2023)

TABLE 123. GENERAL ELECTRIC COMPANY: KEY STRATERGY

LIST OF FIGURES

FIGURE 1. BARGAINING POWER OF SUPPLIERS

FIGURE 2. BARGAINING POWER OF BUYERS

FIGURE 3. DEGREE OF COMPETITION

FIGURE 4. THREAT OF SUBSTITUTE

FIGURE 5. THREAT OF NEW ENTRANTS

FIGURE 6. EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE, 2023-2030, (MILLION USD)

FIGURE 7. FIXED TUBE HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 8. U-TUBE HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 9. FLOATING HEAD HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 10. OTHER SHELL AND TUBE HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 11. SHELL AND TUBE, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 12. GASKETED PLATE AND FRAME HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 13. WELDED PLATE AND FRAME HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 14. BRAZED PLATE AND FRAME HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 15. OTHER PLATE AND FRAME HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 16. PLATE AND FRAME HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 17. FORCED DRAFT HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 18. INDUCED DRAFT HEAT EXCHANGERS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 19. AIR COOLED, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 20. OTHERS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 21. EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS, 2023-2030, (MILLION USD)

FIGURE 22. METALS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 23. ALLOYS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 24. BRAZING-CLAD, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 25. EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER, 2023-2030, (MILLION USD)

FIGURE 26. CHEMICAL, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 27. ENERGY AND POWER, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 28. HVACR, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 29. FOOD AND BEVERAGE, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 30. PULP AND PAPER, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 31. OTHERS, MARKET VALUE, BY COUNTRY, 2023-2030, (MILLION USD)

FIGURE 32. EUROPE HEAT EXCHANGERS MARKET VALUE, BY REGION 2023-2030, (MILLION USD)

FIGURE 33. GERMANY EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE 2023-2030, (MILLION USD)

FIGURE 34. GERMANY EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS 2023-2030, (MILLION USD)

FIGURE 35. GERMANY EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER 2023-2030, (MILLION USD)

FIGURE 36. FRANCE EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE 2023-2030, (MILLION USD)

FIGURE 37. FRANCE EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS 2023-2030, (MILLION USD)

FIGURE 38. FRANCE EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER 2023-2030, (MILLION USD)

FIGURE 39. ITALY EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE 2023-2030, (MILLION USD)

FIGURE 40. ITALY EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS 2023-2030, (MILLION USD)

FIGURE 41. ITALY EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER 2023-2030, (MILLION USD)

FIGURE 42. SPAIN EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE 2023-2030, (MILLION USD)

FIGURE 43. SPAIN EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS 2023-2030, (MILLION USD)

FIGURE 44. SPAIN EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER 2023-2030, (MILLION USD)

FIGURE 45. UNITED KINGDOM EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE 2023-2030, (MILLION USD)

FIGURE 46. UNITED KINGDOM EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS 2023-2030, (MILLION USD)

FIGURE 47. UNITED KINGDOM EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER 2023-2030, (MILLION USD)

FIGURE 48. RUSSIA EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE 2023-2030, (MILLION USD)

FIGURE 49. RUSSIA EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS 2023-2030, (MILLION USD)

FIGURE 50. RUSSIA EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER 2023-2030, (MILLION USD)

FIGURE 51. SWEDEN EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE 2023-2030, (MILLION USD)

FIGURE 52. SWEDEN EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS 2023-2030, (MILLION USD)

FIGURE 53. SWEDEN EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER 2023-2030, (MILLION USD)

FIGURE 54. NORWAY EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE 2023-2030, (MILLION USD)

FIGURE 55. NORWAY EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS 2023-2030, (MILLION USD)

FIGURE 56. NORWAY EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER 2023-2030, (MILLION USD)

FIGURE 57. DENMARK EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE 2023-2030, (MILLION USD)

FIGURE 58. DENMARK EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS 2023-2030, (MILLION USD)

FIGURE 59. DENMARK EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER 2023-2030, (MILLION USD)

FIGURE 60. NETHERLANDS EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE 2023-2030, (MILLION USD)

FIGURE 61. NETHERLANDS EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS 2023-2030, (MILLION USD)

FIGURE 62. NETHERLANDS EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER 2023-2030, (MILLION USD)

FIGURE 63. FINLAND EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE 2023-2030, (MILLION USD)

FIGURE 64. FINLAND EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS 2023-2030, (MILLION USD)

FIGURE 65. FINLAND EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER 2023-2030, (MILLION USD)

FIGURE 66. REST OF EUROPE HEAT EXCHANGERS MARKET VALUE, BY TYPE 2023-2030, (MILLION USD)

FIGURE 67. REST OF EUROPE HEAT EXCHANGERS MARKET VALUE, BY MATERIALS 2023-2030, (MILLION USD)

FIGURE 68. REST OF EUROPE HEAT EXCHANGERS MARKET VALUE, BY END USER 2023-2030, (MILLION USD)

FIGURE 69. ALFA LAVAL AB: NET SALES, (2021-2023)

FIGURE 70. ALFA LAVAL AB: PRIMARY MARKET COMPETITORS

FIGURE 71. JOHNSON CONTROLS INTERNATIONAL PLC: NET SALES, (2021-2023)

FIGURE 72. JOHNSON CONTROLS INTERNATIONAL PLC: PRIMARY MARKET COMPETITORS

FIGURE 73. CARRIER GLOBAL CORPORATION: NET SALES, (2021-2023)

FIGURE 74. CARRIER GLOBAL CORPORATION: PRIMARY MARKET COMPETITORS

FIGURE 75. LENNOX INTERNATIONAL INC.: NET SALES, (2021-2023)

FIGURE 76. LENNOX INTERNATIONAL INC.: PRIMARY MARKET COMPETITORS

FIGURE 77. TRANE TECHNOLOGIES PLC: NET SALES, (2021-2023)

FIGURE 78. TRANE TECHNOLOGIES PLC: PRIMARY MARKET COMPETITORS

FIGURE 79. API HEAT TRANSFER INC.: NET SALES, (2021-2023)

FIGURE 80. API HEAT TRANSFER INC.: PRIMARY MARKET COMPETITORS

FIGURE 81. KELVION HOLDING GMBH: NET SALES, (2021-2023)

FIGURE 82. KELVION HOLDING GMBH: PRIMARY MARKET COMPETITORS

FIGURE 83. XYLEM INC.: NET SALES, (2021-2023)

FIGURE 84. XYLEM INC.: PRIMARY MARKET COMPETITORS

FIGURE 85. DANFOSS GROUP: NET SALES, (2021-2023)

FIGURE 86. DANFOSS GROUP: PRIMARY MARKET COMPETITORS

FIGURE 87. GENERAL ELECTRIC COMPANY: NET SALES, (2021-2023)

FIGURE 88. GENERAL ELECTRIC COMPANY: PRIMARY MARKET COMPETITORS

KEY PLAYERS

  • Alfa Laval AB

  • Johnson Controls International plc

  • Carrier Global Corporation

  • Lennox International Inc.

  • Trane Technologies plc 

  • API Heat Transfer Inc. 

  • Kelvion Holding GmbH

  • Xylem Inc.

  • Danfoss Group

  • General Electric Company


Frequently Asked Questions
What is the current size of the Europe Heat Exchangers Market, and what are the future predictions?

The Europe Heat Exchangers Market size was valued at USD 3613.9 million in 2023, and is predicted to reach USD 5415.9 million by 2030, with a CAGR of 5.3% from 2024 to 2030.

What are Heat Exchangers, and where are they commonly used?

Heat exchangers are devices designed to transfer heat from one fluid to another without the fluids directly contacting each other. They are extensively used in industrial, commercial, and residential settings, including HVAC systems and refrigeration units, to efficiently heat or cool fluids or air.

What are the key drivers of market growth in the Heat Exchangers industry?

The rapid increase in industrialization and urbanization worldwide is a significant factor driving market growth. Growing energy demands, rising construction activities, and the increasing urban population are contributing to the higher demand for heat exchangers.

What are the different types of heat exchangers available in the market?

There are several types of heat exchangers, including shell and tube, plate and frame, finned tube, and air-cooled heat exchangers, each with its own design and applications.

Who are the key players in the Europe Heat Exchangers Market?

Prominent players in the industry include Alfa Laval AB, Johnson Controls International plc, Carrier Global Corporation, Lennox International Inc., Trane Technologies plc, API Heat Transfer Inc., Kelvion Holding GmbH, Xylem Inc., Danfoss Group, and General Electric Company, among others.