DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Heat Exchangers Market Size, Share, Development, Growth and Demand Forecast to 2020" report to their offering.
The global heat exchanger market was valued at $14,108.8 million in 2014, and it is expected to grow with a CAGR of 6.5% during 2015 - 2020. In 2014, Asia-Pacific was the fastest growing market in the global heat exchangers market. Asia-Pacific is considered as a developing economy, due to increasing industrialization in the region. With the clustering of several industries in the region, the demand for heat exchangers is increasing. Moreover, the developing infrastructure in the region has increased the demand of heat exchangers from HVAC industry. These factors are expected to boost the growth of the heat exchangers market in Asia-Pacific.
The increasing investment in research and development has helped the manufacturing companies to develop efficient solutions for various industries. The innovative technologies have improved the efficiency of heat exchanger process that enables maximum extraction of heat from outgoing fluids. The heat extracted can be used for other purposes, such as heating other fluids and producing steam. This ultimately reduces the consumption of fuel, thus reducing the carbon footprint from the industry and making the process more economical. The demand for heat exchangers with higher efficiency is increasing in North America and Europe, where the emission regulations are stringent.
- Alfa Laval Ab
- Api Heat Transfer, Inc.
- Danfoss A/S
- Guntner Gmbh & Co. Kg
- Hisaka Works, Ltd.
- Hrs Hevac Ltd.
- Kelvion Holding Gmbh
- Modine Manufacturing Company
- Sierra S.P.A.
- Sondex Holdings A/S
- Spx Corporation
- Swep International Ab
1. Research Scope & Methodology
2. Executive Summary
3. Market Outlook
4. Global Heat Exchangers Market Size and Forecast (2011 - 2020)
5. Global Heat Exchangers Market, by Geography
6. Competitive Landscape and Product Positioning
7. Company Profiles and Strategic Developments
For more information visit http://www.researchandmarkets.com/research/lcxds7/global_heat