Air-cooled heat exchangers reached 2021 $3.8 billion during the year. In addition, during the forecast period, it is projected to record a CAGR growth of 5% and reach a market size of $5.5 billion in 2028. Air cooled heat exchangers are finned heat the ambient air is forced by the axial fan / fan which transfers the heat between liquid and outside air in the pipe and then is used to improve the efficiency of the plant compared to the cooling tower and Shell and tube heat exchangers. The non-requirement and non-pollution of water brings further benefits with regard to environmental friendliness. Cost reduction is one of the key marketing strategies that companies promote. Because it does not require water, plants that require a large cooling capacity can be placed away from the cooling water area. It is suitable for a wide range of applications ranging from the use of Automotive Radiators to 1.2 g power plants.
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Company Profile
- Alfa Laval Corporate
- Kelvion
- Xylem
- Danfoss
- SPX Corporation
- Hamon and Cie
- API Heat Transfer
- Modine Manufacturing Company
Market Segmentation
By Type
- Embedded Fins – ‘G’
- Extruded Fins
- Footed Fins – ‘L’ & ‘LL’
By Application
- Chemical
- HVACR
- Fuel Processing
- Power Generation
- Food and Beverage
By Geography
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
Scope of the Report
The research study analyzes the Air Cooled Heat Exchangers Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Air Cooled Heat Exchangers Market Report
- What was the Air Cooled Heat Exchangers Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Air Cooled Heat Exchangers Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Air Cooled Heat Exchangers Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Air Cooled Heat Exchangers market.
- The market share of the Air Cooled Heat Exchangers market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Air Cooled Heat Exchangers market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Air Cooled Heat Exchangers market.
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