Microchannel Heat Exchanger - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Microchannel Heat Exchanger Market is accounted for $8.74 billion in 2017 and is expected to reach $29.57 billion by 2026 growing at a CAGR of 14.5% during the forecast period. Some of the key factors influencing the market growth include increasing demand for HVACR industry and energy efficiency regulations. However, the production of low-cost in emerging countries is restraining the market growth.
The microchannel heat exchanger is multi-pass parallel-flow heat exchangers that comprise three parts namely, manifolds, multi-port tubes with less than 1 mm hydraulic diameter, and fins. These devices are used to heat or cool fluids by transferring heat between two or more fluids. MCHEs are highly efficient with the refrigerants flowing in microchannels. They are used in construction, automobile, and power generation industry.
Amongst Application, condenser segment is expected to remain attractive during the forecast period owing to high utilization in heat transfer systems and the demand for the condenser is majorly driven by HVAC systems where the compact design is one of the crucial factors amongst efficiency and emission standards. By Geography, Asia Pacific is expected to grow at the largest market share during the forecast period. The presence of highly populated countries such as China and India. The growing sales and demand for HVAC systems from commercial and residential infrastructure in the region favors the demand for the market
Some of the key players profiled in the Microchannel Heat Exchanger Market include API Heat Transfer, Calsonic Kansei, Climetal, Danfoss, Denso Corporation, Evapco, Goldstone Hvacr, Hanon Systems, Kaltra, Kangsheng Group, MAHLE, Nortek Global HVAC, Sanden, Tata Toyo Radiator and Thermokey.
• Water Coil
• Two Phase
• Commercial Refrigeration
• Heating, Ventilation, and Air Conditioning (HVAC)
• Heat pump
• Food Processing
• Other Applications
End Users Covered:
• Steel Industries
• Metals & Mining
• Oil & Gas
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
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