DUBLIN, April 23, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/klhxh9/global_heat) has announced the addition of the "Global Heat Exchanger Market 2014-2018" report to their offering.
The analysts forecast the Global Heat Exchanger market 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.
The report, the Global Heat Exchanger Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC and EMEA regions it also covers the Global Heat Exchanger market market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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.
According to the report, 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, the report states that 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.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Application
08. Geographical Segmentation
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
- API Heat Transfer Inc.
- Alfa Laval AB
- Balcke-Dürr GmbH
- Chicago Bridge & Iron Company N.V.
- GEA Group
- Hisaka Works Ltd.
- Modine Manufacturing Company
- SPX Corporation
- Xylem Inc.
For more information visit http://www.researchandmarkets.com/research/klhxh9/global_heat
Media Contact: Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets