Global Heat Exchangers Market Size, Share, Forecast Report 2023

The global heat exchangers market is expected to increase from USD 13,952.6 million in 2016, to USD 23,867.9 million in 2023, at a CAGR of 8% from 2017 to 2023. The overall heat exchangers market across the world is mainly driven by the increasing usage of heat exchangers in plants for water treatment and optimization of water temperature coupled with increased oil and gas activities.  The years used for the assessment are as follows;

  • Historical year   : 2013-2015
  • Base year            : 2016
  • Forecast period : 2017 – 2023


The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned industries. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources.
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them.
  • Study of past trends in the market and their year on year Impact on the market size and share.
  • Analyzing the collected data points.
  • Bridging the data points to calculate the total heat exchangers market and its various segments.
  • Anticipating potential risks.
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the heat exchangers market.
  • Finalizing the overall size and share for the global heat exchangers.


  • To classify the global heat exchangers into segments by rating, end-user, cooling type, insulation type and region and analyze their growth prospects individually.
  • To analyze market trends, opportunities, drivers and restraints associated with the heat exchangers market.
  • Profiling key companies operating in the global heat exchangers market.
  • To study market response with respect to the mergers and acquisitions in the industry.


The research scope for global heat exchanger market is as follows:

By Type

  • Shell & Tube
  • Plate & Frame
  • Air- Cooled
  • Printed Circuit
  • Others

By Material

  • Steel
  • Non-Steel

 By Application

  • Chemical
  • Petrochemical and O&G
  • HVAC & Refrigeration
  • Food & Beverages
  • Power Generation
  • Others

 By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Report Detail

  • Report Code:1071
  • No. of Pages:250
  • Format:PDF/PPT/Excel

Proceed To Buy

USD 3500
USD 7000