The global air-cooled heat exchangers market is projected to witness a growth rate of 5.3% annually from 2024 to 2030, with an anticipated size of US$ 5.1 billion by 2030, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global air-cooled heat exchangers market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
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Report Highlights
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Market Size in 2030 (billion US$) |
5.1 |
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Growth (CAGR) |
5.3% during 2024-2030 |
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Forecast Period |
2024-2030 |
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Trend Period |
2018-2022 |
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Base Year |
2023 |
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Number of Segments Covered |
2 |
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Number of Tables & Graphs |
100+ |
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Country-Level Market Assessment |
20 |
Segment Insights on the Air-Cooled Heat Exchangers Market:
The global air-cooled heat exchangers market is segmented based on end-use industry type, and region.
Based on end-use industry type - The market is segmented into oil & gas, petrochemical & chemical, food & beverage, power generation, HVAC & refrigeration, water & wastewater, pharmaceuticals, marine & shipbuilding, and others. Power generation and petrochemical & chemical are projected to remain the dominant end-use industries during the forecast period. HVAC & refrigeration and oil & gas industries also create sizeable opportunities in the coming years. Air-cooled heat exchangers have several advantages, such as no water requirement, high heat transfer coefficient, smaller footprint, lower maintenance costs than water-cooled systems, and suitability for high temperature and high-pressure applications, which drive their demand in the power generation and petrochemical & chemical segments.
To know the most attractive segments, click here for a free sample of the report:
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Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is expected to remain the largest and fastest-growing region in the market during the forecast period. This growth outlook is majorly attributed to the following–
Likewise, Europe and North America are also expected to generate significant opportunities over the next six years.
Air-Cooled Heat Exchangers Market Drivers:
Some of the key drivers listed in the report are given below.
Top Companies in the Air-Cooled Heat Exchangers Market:
The market is fairly populated, with the presence of some local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players:
What Deliverables Will You Get in this Report?
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Key questions this report answers |
Relevant contents in the report |
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How big is the sales opportunity? |
In-depth analysis of the Air-Cooled Heat Exchangers Market |
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How lucrative is the future? |
Market forecast and trend data and emerging trends |
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Which regions offer the best sales opportunities? |
Global, regional, and country-level historical data and forecasts |
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Which are the most attractive market segments? |
Market segment analysis and forecast |
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Who are the top players and their market positioning? |
Competitive landscape analysis, Market share analysis |
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How complex is the business environment? |
Porter’s five forces analysis, PEST analysis, Life cycle analysis |
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What are the factors affecting the market? |
Drivers & challenges |
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Will I get the information on my specific requirements? |
10% free customization |
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
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About us –
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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