ABSTRACT
About Heat Exchanger

A heat exchanger is a mechanical device that transfers thermal energy from one medium to another. The media are generally separated by a partition to avoid contact between each other. They incorporate fins or corrugations to increase the surface area for enhancing the heat exchange process. Heat exchangers are widely used in industrial applications such as refrigeration, air conditioning, sewage treatment, and natural gas processing. The classic internal combustion engine is the best example of a heat exchange. The engine coolant flows in a circular motion through the radiator coils and air flows past these coils to cool the engine.

Technavio’s analysts forecast the global heat exchanger market to grow at a CAGR of 6.46% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global heat exchanger market for 2017-2021. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the global heat exchanger market.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Heat Exchanger Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Alfa Laval
• Doosan Heavy Industries & Construction
• Kelvion
• SPX FLOW
• Xylem
Other prominent vendors
• Shanghai Liancheng
• FUNKE Wärmeaustauscher Apparatebau
• HISAKA WORKS
• IHI Corporation
• The Japan Steel Works
• Larsen & Toubro
• Lanzhou LS Heat Exchange Equipment
• Ormandy Group
• THT Heat Transfer Technology
• Dover
• Thermowave

Market driver
• Augmentation of coal capacities and revival of nuclear power plants in Japan.
• For a full, detailed list, view our report

Market challenge
• Unpredictability in oil and gas prices.
• For a full, detailed list, view our report

Market trend
• Growth in petrochemical and chemical industry in India.
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.