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Europe Heat Exchanger Market Size
- Report ID: GMI9802
- Published Date: Jun 2024
- Report Format: PDF
Europe Heat Exchanger Market Size
Europe Heat Exchanger Market was valued at USD 5.7 billion in 2023 and is set to observe 7.8% CAGR from 2024 to 2032. Rising energy demands for heating & cooling systems in building infrastructure and increasing investments across heavy-duty industrial operations are driving the industry growth.
For instance, implementation of the European Green Deal requires a significant amount of investment, around USD 563 billion (EUR 520 billion) per year from 2021 to 2030. Additional expenditures of around EUR 92 billion required to increase EU's capacity to manufacture net-zero technologies from 2023 to 2030. Shifting focus toward efficient climate control solutions and expanding industrial operations, elevated the need for robust and reliable systems, further complementing the business outlook.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Europe Heat Exchanger Market Size in 2023: | USD 5.7 Billion |
| Forecast Period: | 2024 - 2032 |
| Forecast Period 2024 - 2032 CAGR: | 7.8% |
| 2032 Value Projection: | USD 11.3 Billion |
| Historical Data for: | 2021 - 2023 |
| No. of Pages: | 80 |
| Tables, Charts & Figures: | 35 |
| Segments covered: | Technology, Application and Country |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Europe Heat Exchanger Market Scope
