Market Overview:
The global heat exchanger skid 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 heat exchangers in various applications, such as industrial, residential, commercial and others. Additionally, the growing awareness about energy efficiency is also propelling the growth of this market. Based on type, the electric actuated segment is expected to lead the global heat exchanger skid market during the forecast period from 2018 to 2030. This can be attributed to its advantages such as easy installation and low maintenance cost.
Product Definition:
A heat exchanger skid is a unit that is used to transfer heat between two or more fluids. The importance of a heat exchanger skid is that it allows for the efficient transfer of thermal energy, which can be used to power processes or equipment.
Electric Actuated:
Electric actuated, it's usage.
The electric actuated, it's usage and growth factor in heat exchanger skid market is expected to witness significant growth over the forecast period. The factors that propel the demand for electric actuated, it's usage and growth factor in heat exchanger skids include rising energy consumption across various industries such as chemical & petrochemical manufacturing facilities along with power generation plants.
Air Actuated:
Air Actuated Valves Market Size, Share & Trends Analysis Report By Application, Regional Outlook, Competitive Strategies, And Segment Forecasts, 2019 To 2025 -> The global air actuated valves market is expected to witness significant growth over the forecast period. Air actuated valves are used in heat exchanger skid for controlling and monitoring flow rates of gases such as steam and water across various equipment.
Application Insights:
The industrial application segment led the global heat exchanger skid market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for heat exchangers from various industries, including chemical, petrochemical, power generation and oil & gas.
Industrial applications include manufacturing plants and other processing facilities that require large-scale equipment for heating or cooling purposes. These types of applications usually involve multiple buildings connected through a central plant where hot water is produced as well as used for various processes throughout the day. Commercial buildings also require HVAC systems; thus,heat exchangers are installed in these commercial spaces so that excess warmth or coldness can be dissipated into the air without requiring any additional energy expenditure on part of building management system (HMS).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a rise in demand for heat exchangers owing to rising energy consumption and climatic changes. In addition, increasing industrial activities coupled with growing residential sector is anticipated to drive the regional market over the forecast period.
Asia Pacific has been witnessing robust economic growth over past few years on account of rapid urbanization and industrialization across countries such as China, India, Indonesia, Malaysia & Vietnam among others are expected to boost product demand in near future. Moreover Heat Exchangers Skid (HES) are used widely for space heating applications during winters which further drives their demand during colder seasons especially in developing countries such as India & China among others where space heating application dominates winter seasonality thus driving overall seasonal sales volume of HES skids globally Heat Exchanger Skid Market by Region (U.S., Canada; Germany; France; U-K.
Growth Factors:
- Increasing demand for energy efficient systems in various industries
- Growing investments in research and development of new heat exchanger technologies
- Rising concerns over environmental pollution and global warming
- Proliferation of micro-scale and nano-scale heat exchangers for thermal management applications
- Increasing demand from developing countries for heating, cooling, and process water treatment
Scope Of The Report
Report Attributes
Report Details
Report Title
Heat Exchanger Skid Market Research Report
By Type
Electric Actuated, Air Actuated
By Application
Industrial, Residential, Commercial, Others
By Companies
ESI Technologies Group, S&S Technical, Inc., Berg Chilling Systems Inc., TimSmith Heat Exchangers, AEL Heating Solutions, Precise Cooling Solutions, Thermal Care, Inc., Delta Hydronics, UK Exchangers Ltd.
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
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Heat Exchanger Skid Market Report Segments:
The global Heat Exchanger Skid market is segmented on the basis of:
Types
Electric Actuated, Air Actuated
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
Industrial, Residential, Commercial, Others
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:
- ESI Technologies Group
- S&S Technical, Inc.
- Berg Chilling Systems Inc.
- TimSmith Heat Exchangers
- AEL Heating Solutions
- Precise Cooling Solutions
- Thermal Care, Inc.
- Delta Hydronics
- UK Exchangers Ltd.
Highlights of The Heat Exchanger Skid 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:
- Electric Actuated
- Air Actuated
- By Application:
- Industrial
- Residential
- Commercial
- Others
- 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 Heat Exchanger Skid 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 heat exchanger skid is a piece of equipment that helps move large pieces of equipment around a factory or plant. The skid has several metal plates that slide along the ground, allowing the machine to move easily.
Some of the major players in the heat exchanger skid market are ESI Technologies Group, S&S Technical, Inc., Berg Chilling Systems Inc., TimSmith Heat Exchangers, AEL Heating Solutions, Precise Cooling Solutions, Thermal Care, Inc., Delta Hydronics, UK Exchangers Ltd..
The heat exchanger skid 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 Heat Exchanger Skid 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 Heat Exchanger Skid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heat Exchanger Skid 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 Heat Exchanger Skid 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 Heat Exchanger Skid Market Size & Forecast, 2018-2028
4.5.1 Heat Exchanger Skid Market Size and Y-o-Y Growth
4.5.2 Heat Exchanger Skid Market Absolute $ Opportunity
Chapter 5 Global Heat Exchanger Skid 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 Heat Exchanger Skid Market Size Forecast by Type
5.2.1 Electric Actuated
5.2.2 Air Actuated
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Heat Exchanger Skid 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 Heat Exchanger Skid Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Residential
6.2.3 Commercial
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heat Exchanger Skid 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 Heat Exchanger Skid 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 Heat Exchanger Skid Analysis and Forecast
9.1 Introduction
9.2 North America Heat Exchanger Skid 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 Heat Exchanger Skid Market Size Forecast by Type
9.6.1 Electric Actuated
9.6.2 Air Actuated
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 Heat Exchanger Skid Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Residential
9.10.3 Commercial
9.10.4 Others
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 Heat Exchanger Skid Analysis and Forecast
10.1 Introduction
10.2 Europe Heat Exchanger Skid 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 Heat Exchanger Skid Market Size Forecast by Type
10.6.1 Electric Actuated
10.6.2 Air Actuated
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 Heat Exchanger Skid Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Residential
10.10.3 Commercial
10.10.4 Others
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 Heat Exchanger Skid Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Heat Exchanger Skid 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 Heat Exchanger Skid Market Size Forecast by Type
11.6.1 Electric Actuated
11.6.2 Air Actuated
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 Heat Exchanger Skid Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Residential
11.10.3 Commercial
11.10.4 Others
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 Heat Exchanger Skid Analysis and Forecast
12.1 Introduction
12.2 Latin America Heat Exchanger Skid 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 Heat Exchanger Skid Market Size Forecast by Type
12.6.1 Electric Actuated
12.6.2 Air Actuated
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 Heat Exchanger Skid Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Residential
12.10.3 Commercial
12.10.4 Others
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) Heat Exchanger Skid Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Heat Exchanger Skid 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) Heat Exchanger Skid Market Size Forecast by Type
13.6.1 Electric Actuated
13.6.2 Air Actuated
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) Heat Exchanger Skid Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Residential
13.10.3 Commercial
13.10.4 Others
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 Heat Exchanger Skid Market: Competitive Dashboard
14.2 Global Heat Exchanger Skid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ESI Technologies Group
14.3.2 S&S Technical, Inc.
14.3.3 Berg Chilling Systems Inc.
14.3.4 TimSmith Heat Exchangers
14.3.5 AEL Heating Solutions
14.3.6 Precise Cooling Solutions
14.3.7 Thermal Care, Inc.
14.3.8 Delta Hydronics
14.3.9 UK Exchangers Ltd.
