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North America Heat Exchanger Market Share

Report ID: GMI10041
Published Date: Jun 2024
Report Format: PDF

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North America Heat Exchanger Market Share

Key players in the North America heat exchanger industry are aiming to make partnerships, alliances, strategic agreements, pursuing mergers & acquisitions, and introducing innovative products to gain their competitive edge over the others. Major players including ALFA LAVAL, Xylem, Danfoss, SPX FLOW, SWEP International AB and FUNKE Wärmeaustauscher Apparatebau GmbH among other, holds majority of the market share.

North America Heat Exchanger Market Companies

Major manufacturers operating across the industry comprising of:

ALFA LAVAL
API Heat Transfer
CALORPLAST USA
Cataract Steel
Danfoss
Enerquip Thermal Solutions
FUNKE Wärmeaustauscher Apparatebau GmbH
HRS Heat Exchangers
Mersen Group
Nexson
Pentair
Spirax Sarco Limited
SPX FLOW
SWEP International AB
T.RAD NORTH AMERICA, INC.
Thermofin
Tranter
Wessels Company
Wieland
Xylem

Authors: Ankit Gupta, Manish Dhiman

Frequently Asked Questions (FAQ) :

The market size for heat exchanger in North America recorded USD 3 billion in 2023 and is expected to depict 8.1% CAGR from 2024 to 2032, led by the growing investments in industrial operations for manufacturing, chemical and power generation.

The shell & tube technology segment in the North America heat exchanger industry is projected to record over USD 2.2 billion by 2032, led by the growing demand for energy-efficient HVAC systems and growing industrialization.

The chemical application segment in the North America heat exchanger market is estimated to observe over 8.5% CAGR between 2024 and 2032, due to the rising demand for various chemical and petrochemical products of improved heat exchanger technology.

U.S. market is poised to cross more than USD 5 billion by 2032, led by the presence of favorable, government programs including financial aids aimed at promoting the heat exchange technologies.