Market Overview:
The global air to air heat exchangers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient equipment and rising awareness about energy conservation. The global air to air heat exchangers market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into plate type air heat exchangers and tube type air heat exchangers.
Product Definition:
An air to air heat exchanger is a device used to transfer heat between two airstreams. The importance of air to air heat exchangers is that they can be used for space heating, process heating, or cooling applications.
Plate Type Air Heat Exchangers:
The global plate type air heat exchangers market size was valued at USD 8.5 billion in 2016.
Tube Type Air Heat Exchangers:
The tube type air heat exchangers are widely used in the air to air heat exchangers market. The basic function of these tubes is to provide a means for thermal transfer between two fluids without the direct contact of those fluids. These tubes can be made from various materials such as copper, aluminum, and stainless steel among others. The major application areas include food & beverage processing, petrochemical processing, pharmaceuticals & chemical industries among others.
Application Insights:
The demand for air to air heat exchangers is increasing in de-humidification of air streams and heat recovery applications. In de-humidification of air, these equipment are used to remove excess moisture from the airstream. These devices are widely utilized in industrial processes such as paper manufacturing, foundry and metalworking, chemical processing among others. The growing electronics industry is expected to drive the demand for de-humidification application segment over the forecast period owing to high moisture content affecting electronic components due to corrosion caused by condensation within an electronic device or component.
In electrical equipment cooling application segment, these products are used as a means of dissipating internal friction generated by electric motors thereby resulting in improved performance and efficiency of electrical equipment such as compressors & turbines among others which use fans for cooling purposes.
Regional Analysis:
North America dominated the global air to air heat exchangers market in 2017. The region is expected to witness a considerable growth rate of 5.8% over the forecast period, owing to increasing demand for HVAC systems and rising awareness about energy conservation in residential as well as commercial sectors. Moreover, government initiatives such as “Energy Star†program by EPA and USD X billion investment by companies like Honeywell Inc., Emerson Electric Co.
The Asia Pacific regional market is projected to grow at a significant CAGR from 2018 till 2030 due high population growth along with rapid industrialization & urbanization that has led towards an increase in energy consumption across various end-use industries including manufacturing, transportation & warehousing, etc.
Growth Factors:
- Increasing demand for Air to Air Heat Exchangers in the automotive industry as a result of stringent emission norms
- Growing demand for Air to Air Heat Exchangers from the HVAC sector, owing to the increasing adoption of energy-efficient technologies
- Rising popularity of air-cooled condensers in various end-use industries
- Proliferation of micro and miniaturized heat exchangers across a number of industrial applications
- Technological advancements that have led to the development of more efficient and compact air cooled heat exchanger designs
Scope Of The Report
Report Attributes
Report Details
Report Title
Air to Air Heat Exchangers Market Research Report
By Type
Plate Type Air Heat Exchangers, Tube Type Air Heat Exchangers
By Application
Heat Recovery, Air Handling Units, De-Humidification Of Air Streams, Electrical Equipment Cooling, Drying Rooms / Kilns Heat Recycle
By Companies
Kelvion, Heatex, Toshiba Air Conditioning, UK Exchangers, Aura GmbH, Rittal, ERI Corporation S.r.L, Kelvion
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Air to Air Heat Exchangers Market Report Segments:
The global Air to Air Heat Exchangers market is segmented on the basis of:
Types
Plate Type Air Heat Exchangers, Tube Type Air Heat Exchangers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Heat Recovery, Air Handling Units, De-Humidification Of Air Streams, Electrical Equipment Cooling, Drying Rooms / Kilns Heat Recycle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kelvion
- Heatex
- Toshiba Air Conditioning
- UK Exchangers
- Aura GmbH
- Rittal
- ERI Corporation S.r.L
- Kelvion
Highlights of The Air to Air Heat Exchangers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plate Type Air Heat Exchangers
- Tube Type Air Heat Exchangers
- By Application:
- Heat Recovery
- Air Handling Units
- De-Humidification Of Air Streams
- Electrical Equipment Cooling
- Drying Rooms / Kilns Heat Recycle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Air to Air Heat Exchangers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An air to air heat exchanger is a device used to transfer heat between two different gases. The exchanger uses the principle of thermal radiation, in which energy from one object is transferred to another object by way of waves.
Some of the key players operating in the air to air heat exchangers market are Kelvion, Heatex, Toshiba Air Conditioning, UK Exchangers, Aura GmbH, Rittal, ERI Corporation S.r.L, Kelvion.
The air to air heat exchangers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Air to Air Heat Exchangers Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Air to Air Heat Exchangers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Air to Air Heat Exchangers Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Air to Air Heat Exchangers Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Air to Air Heat Exchangers Market Size & Forecast, 2018-2028 4.5.1 Air to Air Heat Exchangers Market Size and Y-o-Y Growth 4.5.2 Air to Air Heat Exchangers Market Absolute $ Opportunity
Chapter 5 Global Air to Air Heat Exchangers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Air to Air Heat Exchangers Market Size Forecast by Type
5.2.1 Plate Type Air Heat Exchangers
5.2.2 Tube Type Air Heat Exchangers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Air to Air Heat Exchangers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Air to Air Heat Exchangers Market Size Forecast by Applications
6.2.1 Heat Recovery
6.2.2 Air Handling Units
6.2.3 De-Humidification Of Air Streams
6.2.4 Electrical Equipment Cooling
6.2.5 Drying Rooms / Kilns Heat Recycle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Air to Air Heat Exchangers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Air to Air Heat Exchangers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Air to Air Heat Exchangers Analysis and Forecast
9.1 Introduction
9.2 North America Air to Air Heat Exchangers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Air to Air Heat Exchangers Market Size Forecast by Type
9.6.1 Plate Type Air Heat Exchangers
9.6.2 Tube Type Air Heat Exchangers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Air to Air Heat Exchangers Market Size Forecast by Applications
9.10.1 Heat Recovery
9.10.2 Air Handling Units
9.10.3 De-Humidification Of Air Streams
9.10.4 Electrical Equipment Cooling
9.10.5 Drying Rooms / Kilns Heat Recycle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Air to Air Heat Exchangers Analysis and Forecast
10.1 Introduction
10.2 Europe Air to Air Heat Exchangers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Air to Air Heat Exchangers Market Size Forecast by Type
10.6.1 Plate Type Air Heat Exchangers
10.6.2 Tube Type Air Heat Exchangers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Air to Air Heat Exchangers Market Size Forecast by Applications
10.10.1 Heat Recovery
10.10.2 Air Handling Units
10.10.3 De-Humidification Of Air Streams
10.10.4 Electrical Equipment Cooling
10.10.5 Drying Rooms / Kilns Heat Recycle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Air to Air Heat Exchangers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Air to Air Heat Exchangers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Air to Air Heat Exchangers Market Size Forecast by Type
11.6.1 Plate Type Air Heat Exchangers
11.6.2 Tube Type Air Heat Exchangers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Air to Air Heat Exchangers Market Size Forecast by Applications
11.10.1 Heat Recovery
11.10.2 Air Handling Units
11.10.3 De-Humidification Of Air Streams
11.10.4 Electrical Equipment Cooling
11.10.5 Drying Rooms / Kilns Heat Recycle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Air to Air Heat Exchangers Analysis and Forecast
12.1 Introduction
12.2 Latin America Air to Air Heat Exchangers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Air to Air Heat Exchangers Market Size Forecast by Type
12.6.1 Plate Type Air Heat Exchangers
12.6.2 Tube Type Air Heat Exchangers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Air to Air Heat Exchangers Market Size Forecast by Applications
12.10.1 Heat Recovery
12.10.2 Air Handling Units
12.10.3 De-Humidification Of Air Streams
12.10.4 Electrical Equipment Cooling
12.10.5 Drying Rooms / Kilns Heat Recycle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Air to Air Heat Exchangers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Air to Air Heat Exchangers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Air to Air Heat Exchangers Market Size Forecast by Type
13.6.1 Plate Type Air Heat Exchangers
13.6.2 Tube Type Air Heat Exchangers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Air to Air Heat Exchangers Market Size Forecast by Applications
13.10.1 Heat Recovery
13.10.2 Air Handling Units
13.10.3 De-Humidification Of Air Streams
13.10.4 Electrical Equipment Cooling
13.10.5 Drying Rooms / Kilns Heat Recycle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Air to Air Heat Exchangers Market: Competitive Dashboard
14.2 Global Air to Air Heat Exchangers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kelvion
14.3.2 Heatex
14.3.3 Toshiba Air Conditioning
14.3.4 UK Exchangers
14.3.5 Aura GmbH
14.3.6 Rittal
14.3.7 ERI Corporation S.r.L
14.3.8 Kelvion