Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Global Heat Exchanger Market 2014-2018

Global heat exchanger market dominated by Alfa Laval AB, GEA Group, and Xylem Inc. in 2013


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2014-04-11 10:18:03 - Global Heat Exchanger Market 2014-2018 - a new market research report on companiesandmarkets.com

The Global Heat Exchanger market is forecast to grow at a CAGR of 8.31 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing industrial activities in developing countries. The Global Heat Exchanger market has also been witnessing the increasing adoption of energy-saving equipment. However, the increasing competition due to entry of new vendors could pose a challenge to the growth of this market.

Key vendors dominating this space include Alfa Laval AB, GEA Group, and Xylem Inc.

Other vendors mentioned in the report are API Heat Transfer Inc., Balcke-Dürr GmbH, Chicago Bridge & Iron Company N.V., Hisaka Works Ltd., Modine Manufacturing Company and SPX Corporation

Heat exchangers are widely used in industrial oil

 

 

coolers, boiler coolers, chilled water systems, transmission and engine coolers, condensers, and evaporators in refrigeration systems. These applications incur excessive loss of energy during the transfer of heat. Many industries are adopting high-end energy-saving heat exchangers to mitigate the erosion of their revenue, which is largely due to the rise in the cost of energy. Heat exchanger manufacturing companies such as Alfa Laval AB and GEA Group are investing heavily in R&D to develop energy-efficient heat exchangers. This trend is expected to contribute toward the growth of the Global Heat Exchanger market during the forecast period.

Increasing industrial activities in developing countries is a crucial driver boosting the market. Process and discrete industries in these countries have been expanding their manufacturing operations worldwide, which in turn is boosting the Global Heat Exchanger market.

Further, one of the main challenges in this market is the increasing competition brought in by the entry of new vendors. The new vendors offer their products at a cheaper price, which makes the pricing more competitive and erodes the profit margins of the major players.

Click for report details: www.companiesandmarkets.com/Market/Industrial/Market-Research/Gl ..

Browse all Industrial Market Research Reports www.companiesandmarkets.com/Market/Industrial/Market-Research?aC ..

Browse all Industrial Company Profile Reports www.companiesandmarkets.com/Market/Industrial/Company-Profile?aC ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com