Market Overview:
The Global Commercial Rotary Heat Exchanger Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient and environment-friendly heating and cooling systems across the globe. Additionally, the growing construction industry is also fueling the demand for commercial rotary heat exchangers globally. Based on type, condensation rotors are expected to hold a major share of the global commercial rotary heat exchanger market in 2018. This can be attributed to their high efficiency and ability to transfer large amounts of heat quickly.
Product Definition:
A rotary heat exchanger is a device used to transfer thermal energy between two fluids that are in contact with each other in a rotating drum. One fluid, often called the "working fluid," flows through the tubes inside the drum while another fluid, often called the "coolant," flows over the tubes on the outside of the drum. The purpose of a rotary heat exchanger is to improve thermal efficiency by increasing turbulence and mixing between the two fluids.
Condensation Rotors:
Condensation rotors are used in the heat exchangers to remove the moisture that is present in the air and replace it with dry heat. Condensation rotors have a significant growth factor as they can remove moisture from large volumes of air, which results into an increase in its market size. The growing demand for natural gas has led to an increase in its production, which has further resulted into a rise in price.
Hygroscopic Rotors:
Hygroscopic rotors are used in commercial rotary heat exchangers for cooling or heating fluids. The main function of these devices is to maintain the humidity level of the fluid at a constant value. These devices operate by absorbing or releasing moisture from the air surrounding it, thereby maintaining a consistent relative humidity level in process liquids and feedstock materials.
The global hygroscopic rotor market size was valued at USD 1,849.7 million in 2016.
Application Insights:
The office building segment accounted for the largest share of over 30.0% in 2017 and is projected to witness significant growth over the forecast period. The demand for commercial HRH exchangers is expected to increase as a result of rising energy costs, stringent environmental regulations, and growing awareness regarding sustainable construction practices among other factors such as tax incentives offered by governments on installing energy-saving products are expected to drive the market growth.
Hotel application segment was valued at USD 544.3 million in 2017 owing to high demand from luxury hotels across the globe coupled with an increasing number of five-star hotels which exhibit superior quality standards that requireHRH heat exchangers for their operation effectively cooling down water produced by conventional air conditioning systems thereby improving overall efficiency and performance significantly contributing towards industry expansion during future phases.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to increasing construction activities and rapid growth of commercial sector. The region is expected to witness significant growth over the forecast period on account of rising awareness regarding energy conservation and sustainable development.
The demand for HRHEEs in Europe is anticipated to grow at a moderate pace owing to stringent government regulations pertaining environmental impact assessment (EIA) procedures for new installations as well as replacement/renovation projects. However, growing adoption of HRHEEs due to their superior performance compared with other heat exchangers has resulted in increased sales volume, thereby driving the regional market growth over the forecast period.
North America accounted for a significant share of revenue generated by rotary heat exchangers globally on account of high investments made by public & private entities towards energy-efficient technologies such as HRHEIs. Moreover, presence major Rotary Heat Exchanger Manufacturers such as Emerson Electric Co., Johnson Controls Inc., and Siemens Energy Systems Inc.
Growth Factors:
- Increasing demand from the chemical and petrochemical industries for efficient heat transfer solutions is expected to drive the growth of the commercial rotary heat exchanger market.
- The market is also projected to benefit from the increasing demand for energy-efficient equipment in various industrial applications.
- Growing investments in infrastructure development projects are likely to create new opportunities for the commercial rotary heat exchanger market during the forecast period.
- Rising awareness about energy conservation is anticipated to boost adoption of these products across various industry verticals in coming years.
- Technological advancements that offer enhanced performance and efficiency are expected to propel growth of this market over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Rotary Heat Exchanger Market Research Report
By Type
Condensation Rotors, Hygroscopic Rotors, Sorption Rotors
By Application
Office Building, Hotel, The Mall, School, Hospital, Other
By Companies
Pahwa Group (Bry-Air and DRI), Ostberg, Hoval Group, Klingenburg, Eri Corporation, Greenheck, FlaktGroup SEMCO, NovelAire, HEATEX, Seibu Giken, Airxchange
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Rotary Heat Exchanger Market Report Segments:
The global Commercial Rotary Heat Exchanger market is segmented on the basis of:
Types
Condensation Rotors, Hygroscopic Rotors, Sorption Rotors
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
Office Building, Hotel, The Mall, School, Hospital, Other
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:
- Pahwa Group (Bry-Air and DRI)
- Ostberg
- Hoval Group
- Klingenburg
- Eri Corporation
- Greenheck
- FlaktGroup SEMCO
- NovelAire
- HEATEX
- Seibu Giken
- Airxchange
Highlights of The Commercial Rotary Heat Exchanger 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:
- Condensation Rotors
- Hygroscopic Rotors
- Sorption Rotors
- By Application:
- Office Building
- Hotel
- The Mall
- School
- Hospital
- Other
- 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 Commercial Rotary Heat Exchanger 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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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer 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?
A commercial rotary heat exchanger is a device used to transfer thermal energy between two or more fluids. It can be used in industrial, commercial, and residential applications.
Some of the major companies in the commercial rotary heat exchanger market are Pahwa Group (Bry-Air and DRI), Ostberg, Hoval Group, Klingenburg, Eri Corporation, Greenheck, FlaktGroup SEMCO, NovelAire, HEATEX, Seibu Giken, Airxchange.
The commercial rotary heat exchanger 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 Commercial Rotary Heat Exchanger 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 Commercial Rotary Heat Exchanger Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Rotary Heat Exchanger 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 Commercial Rotary Heat Exchanger 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 Commercial Rotary Heat Exchanger Market Size & Forecast, 2020-2028
4.5.1 Commercial Rotary Heat Exchanger Market Size and Y-o-Y Growth
4.5.2 Commercial Rotary Heat Exchanger Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Condensation Rotors
5.2.2 Hygroscopic Rotors
5.2.3 Sorption Rotors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Office Building
6.2.2 Hotel
6.2.3 The Mall
6.2.4 School
6.2.5 Hospital
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Rotary Heat Exchanger 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 Commercial Rotary Heat Exchanger 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Condensation Rotors
9.6.2 Hygroscopic Rotors
9.6.3 Sorption Rotors
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 Market Size Forecast by Applications
9.10.1 Office Building
9.10.2 Hotel
9.10.3 The Mall
9.10.4 School
9.10.5 Hospital
9.10.6 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Condensation Rotors
10.6.2 Hygroscopic Rotors
10.6.3 Sorption Rotors
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 Market Size Forecast by Applications
10.10.1 Office Building
10.10.2 Hotel
10.10.3 The Mall
10.10.4 School
10.10.5 Hospital
10.10.6 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Condensation Rotors
11.6.2 Hygroscopic Rotors
11.6.3 Sorption Rotors
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 Market Size Forecast by Applications
11.10.1 Office Building
11.10.2 Hotel
11.10.3 The Mall
11.10.4 School
11.10.5 Hospital
11.10.6 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Condensation Rotors
12.6.2 Hygroscopic Rotors
12.6.3 Sorption Rotors
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 Market Size Forecast by Applications
12.10.1 Office Building
12.10.2 Hotel
12.10.3 The Mall
12.10.4 School
12.10.5 Hospital
12.10.6 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Condensation Rotors
13.6.2 Hygroscopic Rotors
13.6.3 Sorption Rotors
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) Market Size Forecast by Applications
13.10.1 Office Building
13.10.2 Hotel
13.10.3 The Mall
13.10.4 School
13.10.5 Hospital
13.10.6 Other
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 Commercial Rotary Heat Exchanger Market: Competitive Dashboard
14.2 Global Commercial Rotary Heat Exchanger Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pahwa Group (Bry-Air and DRI)
14.3.2 Ostberg
14.3.3 Hoval Group
14.3.4 Klingenburg
14.3.5 Eri Corporation
14.3.6 Greenheck
14.3.7 FlaktGroup SEMCO
14.3.8 NovelAire
14.3.9 HEATEX
14.3.10 Seibu Giken
14.3.11 Airxchange
