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Heat Exchangers Market Competitive Landscape and Demand 2021 to 2030 - Johnson Controls

Press Releases2021-03-06
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The Global Heat Exchangers Market size is estimated to be USD 17.76 billion in 2019 and is predicted to reach USD 37.00 billion by 2030 with a CAGR of 6.9% from 2020-2030.

Heat Exchangers are the devices used for the energy transfer between two or more surface of fluids and others, it also helps in the energy conservation. It is widely used in different industrial and domestic application such as power plant, chemical processing, air conditioner and others. It maintains the standard temperature and avoids any damage caused due to overheating or low temperatures.

Access Full Description of this report at:-

https://www.nextmsc.com/report/heat-exchangers-market

Top Companies: Alfa Laval AB., Mitsubishi Electric Corporation, Mersen, Danfoss A/S, HRS Heat Exchanger, Sondex A/S, SPX Flow, Inc., Johnson Controls, Barriquand Technologies Thermiques, Hisaka Works Ltd, General Electric, Thermax Global, Hamon Group and others.

The global heat exchangers market share is analyzed on the basis of type, end user, construction material and geography. On the basis of type, the market is segmented into Shell & Tube, Plate & Frame, Air-Cooled, Microchannel, and Others. Based on end user, the market is fragmented into Chemical, Petrochemical, Oil & Gas, HVACR, Food & Beverage, Power Generation, and Others. On the basis of construction material, the market is divided into Carbon Steel, Stainless Steel, Nickel, and Others. Geographic breakdown and analysis of each of the above segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Request sample copy of this report at:-

https://www.nextmsc.com/heat-exchangers-market/request-sample

North America is expected to account for the major market share over the forecast period owing to the increased adoption of heat exchangers. Furthermore, increase in technological advancements with presence of developed infrastructure and wide applications are further expected to drive the growth of heat exchangers market. Asia Pacific is expected to expand rapidly with constant increase in market share owing to the increased demand of consumer electronics such as refrigerator, air conditioners and others. Furthermore, increase in oil refineries are further expected to accelerate the growth of heat exchangers market.

About Next Move Strategy Consulting:

Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.

We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.

For more insights, please visit,https://www.nextmsc.com

The Views and Opinions expressed in this article are the author's own and do not necessarily reflect those of this Web-Site or its agents, affiliates, officers, directors, staff, or contractors.

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