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 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.
MARKET MONITOR GLOBAL, INC (MMG) has 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