Learn more about Heat Exchangers

A heat exchanger is a device designed to efficiently exchange or transfer heat from one medium to another. The fluid used in heat exchangers can be water or oil. Heat exchangers play a major role in helping chemical, power, construction, pulp & paper, petrochemical, oil & gas, among other industries, to better manage operational efficiency, reduce energy consumption, and keep pace with the green trends. ____________ 1. Micro markets are the subsegments of the heat exchangers market included in the report. 2. Core competencies of the companies are determined in terms of their key developments and strategies to sustain their positions in the market.

Heat Exchangers

Comparing 25 vendors in Heat Exchangers across 36 criteria.
Alfa Laval AB is a leading global supplier of products and solutions in the area of heat transfer, separation, process solution, and fluid handling. The company offers various types of heat exchangers such as finned coil air, finned tube air, plate, scraped surface, and tubular. These exchangers are used for chemical, petrochemical, marine, dairy processing, HVAC cooling, beverage processing, and oil & gas applications.
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Kelvion Holdings GmbH is a leading manufacturer and distributor of heat exchangers. The company is a former heat exchanger division of GEA Group AG and is headquartered in Bochum, Germany. It offers a wide range of heat exchanger product portfolio, to cater to the demand from various industries such as chemicals, power, marine, oil & gas, and HVAC.
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3.9
The company is a key global player in manufacturing and supplying heat exchangers to industries such as food & beverages, power, chemicals, and heavy industry. The company offers brazed plate heat exchangers, Microchannel Heat Exchanger (MCHE), Micro Plate Heat Exchanger (MPHE), internal heat exchanger, brazed heat exchangers with 1 pass, brazed heat exchangers with 2 passes, and  heat exchangers for HVAC, cooling, and industrial applications
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It is a leading supplier of highly engineered HVAC products, detection & measurement technologies, and engineered solutions for grid and industrial applications. The company’s heat exchanger business segment is managed by its subsidiary, SPX Heat Transfer LLC. The company offers heat exchanger solution from its HVAC and engineered solutions segment
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1.9
Xylem Inc. is specialized in manufacturing and supplying equipment for water and wastewater applications. Bell & Gossett is the brand through which the company is offering heat exchangers for the chemical, pulp & paper, biofuels, sugar processing, petroleum, power generation, mining, and general industrial markets.
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Heat Exchangers SnapshotA heat exchanger is a device designed to efficiently exchange or transfer heat from one medium to another. The fluid used in heat exchangers to transfer heat can be water, steam, gas, or oil. Heat exchangers are used in chemical, energy, HVACR, food & beverages, power, pulp & paper, and several other industrial processes. Heat exchangers play a major role in helping these industries better manage operational efficiency, reduce energy consumption, and keep pace with energy efficiency trends. The different types of heat exchangers available in the market are shell & tube, plate & frame, and air-cooled heat exchangers.

The global heat exchangers market size is projected to reach USD 20 billion by 2024, at a CAGR of 6.0%. The demand for heat exchangers is mainly driven by the growth of end-use industries, such as HVACR, petrochemical, oil & gas, and chemical. Expansion of these industries across the developed and developing countries is fueling the consumption of heat exchangers. Another factor leading to growth opportunities for the heat exchangers marjet is the rising demand from nuclear power and the large aftermarket.

Rapid industrial expansion to drive the demand for heat exchangers

Heat Exchangers Growth

This report identifies and benchmarks the best heat exchanger manufacturers globally such as Alfa Laval (Sweden), Kelvion Holdings (Germany), Danfoss (Denmark), Xylem (US), API Heat Transfer (US), Gunter (Germany) and evaluates them on the basis of business strategy excellence and strength of product portfolio within the heat exchanger ecosystem, combining inputs from various industry experts, buyers, and vendors, and extensive secondary research including annual reports, company press releases, investor presentations, free and paid company databases. They are rated and positioned on a 2x2 matrix, called as ‘Company Evaluation Quadrant’, and identified as Visionary Leaders (top companies), Dynamic Differentiators, Innovators, or Emerging companies.

The report includes market-specific company profiles of 23 best heat exchanger manufacturers and assesses the recent developments that shape the competitive landscape of this highly fragmented market. An in-depth analysis of the best heat exchanger manufacturers is done at a granular level to create this report.

This report identifies and benchmarks the best heat exchanger manufacturers globally such as Alfa Laval (Sweden), Kelvion Holdings (Germany), Danfoss (Denmark), Xylem (US), API Heat Transfer (US), Gunter (Germany) and evaluates them on the basis of business strategy excellence and strength of product portfolio within the heat exchanger ecosystem, combining inputs from various industry experts, buyers, and vendors, and extensive secondary research including annual reports, company press releases, investor presentations, free and paid company databases. They are rated and positioned on a 2x2 matrix, called as ‘Company Evaluation Quadrant’, and identified as Visionary Leaders (top companies), Dynamic Differentiators, Innovators, or Emerging companies.

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Heat Exchangers Companies

Published on
Feb'2020
Code
360-CH 3063
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