북미의 열교환기 시장 예측(-2030년) : 지역 분석 - 유형, 재료, 용도별

The North America heat exchanger market was valued at US$ 6,114.47 million in 2022 and is expected to reach US$ 11,216.10 million by 2030; it is estimated to grow at a CAGR of 7.9% from 2022 to 2030.

Use of Heat Exchangers in Oil & Gas Industry Fuel the North America Heat Exchanger Market

According to the report published by the International Energy Agency (IEA) in June 2023, the global demand for oil is expected to grow by 6% from 2022 to 2028 and will reach up to 105.7 million barrels per day (mb/d) in 2028. The demand is growing due to the rising requirement for petrochemicals and the increasing need for oil in the aviation sector. In addition, the investments for the upstream segment in oil and gas exploration, extraction, and production are anticipated to reach their highest value since 2015 and are projected to grow by 11% year-on-year to US$ 528 billion in 2023. In addition, the investment and expansion in the refineries is increasing due to the rise in oil and gas demand. Therefore, the rise in global oil demand and investment in the oil & gas industry contributes to the production of oil and gas, where heat exchangers are used to eliminate the heat generated during production. It helps maintain the rapid generation or dissipation of heat to enhance productivity in the oil & gas industry. These heat exchangers are used in various applications such as heat/oil transfer systems, fuel gas conditioning systems, cold ammonia flow control, lube oil systems, and selective catalytic reduction (SCR) units. For example, in fuel gas conditioning systems, the heat exchanger helps maintain the heat generated during the steady flow of dry, high-purity fuel and ensures system components are working in stable conditions for a long period. In the lube oil system, heat exchangers help to provide an optimal thermal environment for the smooth operation of critical components such as mixers, kettles, and electrical switchgear. Thus, with the growth in the oil & gas industry, the use of heat exchangers is increasing, which is driving the market.

North America Heat Exchanger Market Overview

The North America heat exchanger market is segmented into the US, Canada, and Mexico. The region is adopting hydropower electricity generation as it is one of the clean sources of energy and is developing power plants to meet the growing energy demand. For instance, according to the US Department of Energy report for January 2021, the hydropower capacity increased by a net of 431 MW in 2019 since 2017. The capacity was increased from existing facilities, new facilities, and powering non-powered dams (NPDs), which resulted in a total net growth of 1,688 MW from 2010 to 2019. In addition, Mexico is planning to build many gas-fired power plants to increase the natural gas supply, including importing natural gas from the US. For instance, in November 2022, US-based New Fortress Energy announced the deal signed with the Mexican government to develop the LNG project Lakach offshore gas field in Mexico, which is expected to be completed by 2024. Thus, these plants generate the need for heat exchangers for gas drying, preheating natural gas, and liquefaction of natural gas in LNG plants. In the hydropower plant, heat exchangers minimize the downtime of turbines, generators, and transformers by reducing the heat generated. Thus, the rising establishment of hydropower plants contributes to the North America heat exchanger market growth.

North America Heat Exchanger Market Revenue and Forecast to 2030 (US$ Million)

North America Heat Exchanger Market Segmentation

The North America heat exchanger market is segmented based on type, material, application, and country. Based on type, the North America heat exchanger market is segmented into shell and tube, plate and frame, air cooled, and others. The shell and tube segment held the largest market share in 2022.

Based on material, the North America heat exchanger market is segmented into steel, copper, and others. The steel segment held the largest market share in 2022.

Based on application, the North America heat exchanger market is segmented into energy, chemical, food and beverages, HVACR, pulp and paper, and others. The energy segment held the largest market share in 2022.

Based on country, the North America heat exchanger market is segmented into the US, Canada, and Mexico. The US dominated the North America heat exchanger market share in 2022.

Alfa Laval AB, API Heat Transfer Inc, Chart Industries Inc, Danfoss AS, Guntner GmbH & Co KG, Johnson Controls International Plc, Kelvion Holding GmbH, Larsen & Toubro Ltd, and Xylem Inc are some of the leading companies operating in the North America heat exchanger market.

Table Of Contents

1. Introduction

• 1.1 The Insight Partners Research Report Guidance
• 1.2 Market Segmentation

2. Executive Summary

• 2.1 Key Insights
• 2.2 Market Attractiveness

3. Research Methodology

• 3.1 Coverage
• 3.2 Secondary Research
• 3.3 Primary Research

4. North America Heat Exchanger Market Landscape

• 4.1 Overview
• 4.2 Ecosystem Analysis
  • 4.2.1 List of Vendors in Value Chain

5. North America Heat Exchanger Market - Key Industry Dynamics

• 5.1 Heat exchanger Market - Key Industry Dynamics
• 5.2 Market Drivers
  • 5.2.1 Use of Heat Exchangers in Oil & Gas Industry
  • 5.2.2 Rise in Industrialization
  • 5.2.3 Surge in Industry-specific Applications
• 5.3 Market Restraints
  • 5.3.1 High Initial Investment, Labor Cost, and Maintenance
  • 5.3.2 Safety Concerns Regarding Heat Exchanger
• 5.4 Market Opportunities
  • 5.4.1 Integration of 3D Printing Technology with Heat Exchangers
  • 5.4.2 Rise in Electric Vehicle Adoption
• 5.5 Future Trends
  • 5.5.1 Introduction of Heat Exchange Subscription Model
• 5.6 Impact of Drivers and Restraints:

6. Heat Exchanger Market - North America Market Analysis

• 6.1 North America Heat Exchanger Market Revenue (US$ Million), 2022 - 2030
• 6.2 Heat Exchanger Market Forecast and Analysis

7. North America Heat Exchanger Market Analysis - Type

• 7.1 Shell and Tube
  • 7.1.1 Overview
  • 7.1.2 Shell and Tube Market, Revenue and Forecast to 2030 (US$ Million)
• 7.2 Plate and Frame
  • 7.2.1 overview
  • 7.2.2 Plate and Frame Market, Revenue and Forecast to 2030 (US$ Million)
• 7.3 Air Cooled
  • 7.3.1 Overview
  • 7.3.2 Air Cooled Market Revenue and Forecast to 2030 (US$ Million)
• 7.4 Others
  • 7.4.1 Overview
  • 7.4.2 Others Market Revenue and Forecast to 2030 (US$ Million)

8. North America Heat Exchanger Market Analysis - Material

• 8.1 Steel
  • 8.1.1 Overview
  • 8.1.2 Steel Market Revenue, and Forecast to 2030 (US$ Million)
• 8.2 Copper
  • 8.2.1 Overview
  • 8.2.2 Copper Market Revenue, and Forecast to 2030 (US$ Million)
• 8.3 Others
  • 8.3.1 Overview
  • 8.3.2 Others Market Revenue, and Forecast to 2030 (US$ Million)

9. North America Heat Exchanger Market Analysis - Application

• 9.1 Energy
  • 9.1.1 Overview
  • 9.1.2 Energy Market Revenue, and Forecast to 2030 (US$ Million)
• 9.2 Chemical
  • 9.2.1 Overview
  • 9.2.2 Chemical Market Revenue, and Forecast to 2030 (US$ Million)
• 9.3 Food and Beverages
  • 9.3.1 Overview
  • 9.3.2 Food and Beverages Market Revenue, and Forecast to 2030 (US$ Million)
• 9.4 HVACR
  • 9.4.1 Overview
  • 9.4.2 HVACR Market Revenue, and Forecast to 2030 (US$ Million)
• 9.5 Pulp and Paper
  • 9.5.1 Overview
  • 9.5.2 Pulp and Paper Market Revenue, and Forecast to 2030 (US$ Million)
• 9.6 Others
  • 9.6.1 Overview
  • 9.6.2 Others Market Revenue, and Forecast to 2030 (US$ Million)

10. North America Heat Exchanger Market - by Country Analysis

• 10.1 North America
  • 10.1.1 North America Heat Exchanger Market Overview
  • 10.1.2 North America Heat Exchanger Market Revenue and Forecasts and Analysis - By Country
    • 10.1.2.1 North America Heat Exchanger Market Revenue and Forecasts and Analysis - By Country
    • 10.1.2.2 US Heat Exchanger Market Revenue and Forecasts to 2030 (US$ Mn)
      • 10.1.2.2.1 US Heat exchanger Market Breakdown by Type
      • 10.1.2.2.2 US Heat exchanger Market Breakdown by Material
      • 10.1.2.2.3 US Heat exchanger Market Breakdown by Application
    • 10.1.2.3 Canada Heat exchanger Market Revenue and Forecasts to 2030 (US$ Mn)
      • 10.1.2.3.1 Canada Heat exchanger Market Breakdown by Type
      • 10.1.2.3.2 Canada Heat exchanger Market Breakdown by Material
      • 10.1.2.3.3 Canada Heat exchanger Market Breakdown by Application
    • 10.1.2.4 Mexico Heat exchanger Market Revenue and Forecasts to 2030 (US$ Mn)
      • 10.1.2.4.1 Mexico Heat exchanger Market Breakdown by Type
      • 10.1.2.4.2 Mexico Heat exchanger Market Breakdown by Material
      • 10.1.2.4.3 Mexico Heat exchanger Market Breakdown by Application

11. Competitive Landscape

• 11.1 Heat Map Analysis by Key Players

12. Industry Landscape

• 12.1 Overview
• 12.2 Market Initiative
• 12.3 Product Development

13. Company Profiles

• 13.1 Alfa Laval AB
  • 13.1.1 Key Facts
  • 13.1.2 Business Description
  • 13.1.3 Products and Services
  • 13.1.4 Financial Overview
  • 13.1.5 SWOT Analysis
  • 13.1.6 Key Developments
• 13.2 Kelvion Holding GmbH
  • 13.2.1 Key Facts
  • 13.2.2 Business Description
  • 13.2.3 Products and Services
  • 13.2.4 Financial Overview
  • 13.2.5 SWOT Analysis
  • 13.2.6 Key Developments
• 13.3 Danfoss AS
  • 13.3.1 Key Facts
  • 13.3.2 Business Description
  • 13.3.3 Products and Services
  • 13.3.4 Financial Overview
  • 13.3.5 SWOT Analysis
  • 13.3.6 Key Developments
• 13.4 API Heat Transfer Inc
  • 13.4.1 Key Facts
  • 13.4.2 Business Description
  • 13.4.3 Products and Services
  • 13.4.4 Financial Overview
  • 13.4.5 SWOT Analysis
  • 13.4.6 Key Developments
• 13.5 Chart Industries Inc
  • 13.5.1 Key Facts
  • 13.5.2 Business Description
  • 13.5.3 Products and Services
  • 13.5.4 Financial Overview
  • 13.5.5 SWOT Analysis
  • 13.5.6 Key Developments
• 13.6 Guntner GmbH & Co KG
  • 13.6.1 Key Facts
  • 13.6.2 Business Description
  • 13.6.3 Products and Services
  • 13.6.4 Financial Overview
  • 13.6.5 SWOT Analysis
  • 13.6.6 Key Developments
• 13.7 Larsen & Toubro Ltd
  • 13.7.1 Key Facts
  • 13.7.2 Business Description
  • 13.7.3 Products and Services
  • 13.7.4 Financial Overview
  • 13.7.5 SWOT Analysis
  • 13.7.6 Key Developments
• 13.8 Johnson Controls International Plc
  • 13.8.1 Key Facts
  • 13.8.2 Business Description
  • 13.8.3 Products and Services
  • 13.8.4 Financial Overview
  • 13.8.5 SWOT Analysis
  • 13.8.6 Key Developments
• 13.9 Xylem Inc
  • 13.9.1 Key Facts
  • 13.9.2 Business Description
  • 13.9.3 Products and Services
  • 13.9.4 Financial Overview
  • 13.9.5 SWOT Analysis
  • 13.9.6 Key Developments

14. Appendix

• 14.1 About the Insight Partners
• 14.2 Word Index