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Europe Heat Exchanger Market Trends

Report ID: GMI9802
Published Date: Jun 2024
Report Format: PDF

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Europe Heat Exchanger Market Trends

The Europe heat exchanger market is anticipated to grow owing to significant focus towards improving energy efficiency and rising inclination on utilizing waste heat from industrial processes. Additionally, harsh winter conditions in several countries, coupled with a growing emphasis to meet energy efficiency norms and regulation will augment the industry landscape. Furthermore, increasing energy needs in industries, and accelerated investments in upgrading existing energy infrastructures, is set to further stimulate the industry outlook.

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The Europe market for heat exchanger was crossed USD 5.7 billion in 2023 and is set to observe 7.8% CAGR through 2032, due to rising energy demands for heating & cooling systems in building infrastructure and increasing investments across heavy-duty industrial operations.

Europe shell & tube heat exchanger market is set to surpass USD 3.5 billion by 2032, due to rising demand for these units across various applications including chemical, oil & gas, and food & beverages among others.

Germany heat exchanger industry size will exceed USD 2.4 billion by 2032, due to favorable, government programs aimed at promoting industrial sustainability and introduction of Industry 4.0, including automation, and digital technologies in manufacturing processes.

ALFA LAVAL, AMI Exchangers Ltd, Anthermo GmbH, APEX Heat Transfer, API Heat Transfer, Bronswerk, Danfoss, ECOTHERM Austria GmbH, FUNKE Wärmeaustauscher Apparatebau GmbH, and HRS Heat Exchangers.