Heat Transfer Equipment Market

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.

Heat Transfer Equipment Market contains market size and forecasts of Heat Transfer Equipment in global, including the following market information:

Global Heat Transfer Equipment Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Heat Transfer Equipment Market Sales, 2017-2022, 2023-2028, (K MT)

Global top five Heat Transfer Equipment companies in 2021 (%)

The global Heat Transfer Equipment market was valued at 14240 million in 2021 and is projected to reach US$ 19010 million by 2028, at a CAGR of 4.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Shell & Tube Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Heat Transfer Equipment include Alfa Laval, Kelvion (GEA), SPX Corporation, IHI, SPX-Flow, DOOSAN, API, KNM and Funke, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

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, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Heat Transfer Equipment Market Segment Percentages, by Type, 2021 (%)

Shell & Tube

Plate

Fin Type

Air Cooled

Global Heat Transfer Equipment Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Heat Transfer Equipment Market Segment Percentages, by Application, 2021 (%)

Petrochemical

Electric Power & Metallurgy

Shipbuilding Industry

Mechanical Industry

Central Heating

Food Industry

Others

Global Heat Transfer Equipment Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Heat Transfer Equipment Market Segment Percentages, By Region and Country, 2021 (%)

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, 2017-2022 (Estimated), ($ millions)

Key companies Heat Transfer Equipment revenues share in global market, 2021 (%)

Key companies Heat Transfer Equipment sales in global market, 2017-2022 (Estimated), (K MT)

Key companies Heat Transfer Equipment sales share in global market, 2021 (%)

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