Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Ship Heat Exchangers Market by Type (Shell and Tube Heat Exchangers, Plate Heat Exchangers), By Application (Ship, Yacht, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Ship Heat Exchangers Market by Type (Shell and Tube Heat Exchangers, Plate Heat Exchangers), By Application (Ship, Yacht, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 157949 3300 Machinery & Equipment 377 230 Pages 4.6 (31)

Market Overview:

The Global Ship Heat Exchangers Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for energy-efficient and environment-friendly solutions in the shipping industry. Shell and Tube Heat Exchangers are expected to hold a major share of the market due to their high efficiency and low maintenance requirements. Plate Heat Exchangers are also witnessing high demand due to their compact size and easy installation.

Global Ship Heat Exchangers Industry Outlook

Product Definition:

Ship heat exchangers are devices used to transfer thermal energy between two fluids. The importance of ship heat exchangers is that they allow for the efficient transfer of thermal energy, which can be used to improve the performance of a vessel.

Shell and Tube Heat Exchangers:

Shell and tube heat exchangers are used in a variety of applications including chemical processing, petrochemical plants, oil refineries, power generation industries and food & beverage industry. Shell and tube heat exchangers offer advantages such as ease of maintenance & operation coupled with low space requirement which is expected to drive their demand over the forecast period.

Plate Heat Exchangers:

Plate heat exchangers are used in ship heat exchangers for thermal insulation. They are made up of two or more plates joined by a medium such as oil, gas or water. The temperature difference between the hot and cold sides of the plate heat exchanger is utilized to provide heating or cooling function for the medium passing through it.

Application Insights:

The ship application segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to rising demand for cruise liners, luxury ships, and other vessels from various industries such as tourism, transportation, etc.

The yacht application segment is expected to witness significant growth over the forecast period owing to increasing spending by individuals on yachts with features such as swimming pools and tennis courts. Increasing construction of superyachts has also been contributing significantly towards industry growth since 2015 due to growing demand for large vessels from VIP clients around the world including royalty members of foreign governments and prominent business figures or sports stars.

Regional Analysis:

Asia Pacific dominated the global ship heat exchangers market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing number of shipbuilding activities in countries such as China, India, South Korea, Japan and Indonesia. In addition, rising demand for cruise ships is also expected to drive the regional market growth over the forecast period.

Europe was estimated at USD X million in 2016 and is anticipated to witness significant growth over the projected period owing to growing marine industry coupled with technological advancements witnessed in plate heat exchangers application area. North America held a considerable share of global revenue due to presence of prominent players operating within this region along with high adoption rate for advanced technologies associated with HVAC systems on board vessels.

Growth Factors:

  • Increasing demand for energy efficient systems in the shipping industry
  • Growing popularity of hybrid and electric vessels
  • Proliferation of regulations promoting energy efficiency in maritime transportation sector
  • Rising demand for eco-friendly and low-emission technologies
  • Technological advancements that improve the performance of ship heat exchangers

Scope Of The Report

Report Attributes

Report Details

Report Title

Ship Heat Exchangers Market Research Report

By Type

Shell and Tube Heat Exchangers, Plate Heat Exchangers

By Application

Ship, Yacht, Other

By Companies

Alfa Laval Mid Europe, Blokland Non-ferro, DongHwa Entec, E. J. Bowman, ETB Energietechnik Bremen GmbH, Vineta, Pomar Water, Teknotherm

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Ship Heat Exchangers Market Report Segments:

The global Ship Heat Exchangers market is segmented on the basis of:


Shell and Tube Heat Exchangers, Plate 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.


Ship, Yacht, 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:

  1. Alfa Laval Mid Europe
  2. Blokland Non-ferro
  3. DongHwa Entec
  4. E. J. Bowman
  5. ETB Energietechnik Bremen GmbH
  6. Vineta
  7. Pomar Water
  8. Teknotherm

Global Ship Heat Exchangers Market Overview

Highlights of The Ship Heat Exchangers Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Shell and Tube Heat Exchangers
    2. Plate Heat Exchangers
  1. By Application:

    1. Ship
    2. Yacht
    3. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Ship 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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  • Consumer Insights
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  • Product & Brand Management
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Global Ship Heat Exchangers Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Ship heat exchangers are devices that allow a ship to exchange the heat from its engines with the surrounding environment. This is important because it allows the ship to stay warm in cold weather and cool in hot weather.

Some of the major companies in the ship heat exchangers market are Alfa Laval Mid Europe, Blokland Non-ferro, DongHwa Entec, E. J. Bowman, ETB Energietechnik Bremen GmbH, Vineta, Pomar Water, Teknotherm.

The ship heat exchangers market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Ship Heat Exchangers Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Ship Heat Exchangers Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Ship Heat Exchangers Market - Supply Chain
   4.5. Global Ship Heat Exchangers Market Forecast
      4.5.1. Ship Heat Exchangers Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Ship Heat Exchangers Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Ship Heat Exchangers Market Absolute $ Opportunity

5. Global Ship Heat Exchangers Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Ship Heat Exchangers Market Size and Volume Forecast by Type
      5.3.1. Shell and Tube Heat Exchangers
      5.3.2. Plate Heat Exchangers
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Ship Heat Exchangers Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Ship Heat Exchangers Market Size and Volume Forecast by Application
      6.3.1. Ship
      6.3.2. Yacht
      6.3.3. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Ship Heat Exchangers Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Ship Heat Exchangers Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Ship Heat Exchangers Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Ship Heat Exchangers Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Ship Heat Exchangers Demand Share Forecast, 2019-2026

9. North America Ship Heat Exchangers Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Ship Heat Exchangers Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Ship Heat Exchangers Market Size and Volume Forecast by Application
      9.4.1. Ship
      9.4.2. Yacht
      9.4.3. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Ship Heat Exchangers Market Size and Volume Forecast by Type
      9.7.1. Shell and Tube Heat Exchangers
      9.7.2. Plate Heat Exchangers
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Ship Heat Exchangers Demand Share Forecast, 2019-2026

10. Latin America Ship Heat Exchangers Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Ship Heat Exchangers Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Ship Heat Exchangers Market Size and Volume Forecast by Application
      10.4.1. Ship
      10.4.2. Yacht
      10.4.3. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Ship Heat Exchangers Market Size and Volume Forecast by Type
      10.7.1. Shell and Tube Heat Exchangers
      10.7.2. Plate Heat Exchangers
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Ship Heat Exchangers Demand Share Forecast, 2019-2026

11. Europe Ship Heat Exchangers Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Ship Heat Exchangers Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Ship Heat Exchangers Market Size and Volume Forecast by Application
      11.4.1. Ship
      11.4.2. Yacht
      11.4.3. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Ship Heat Exchangers Market Size and Volume Forecast by Type
      11.7.1. Shell and Tube Heat Exchangers
      11.7.2. Plate Heat Exchangers
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Atractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Ship Heat Exchangers Demand Share, 2019-2026

12. Asia Pacific Ship Heat Exchangers Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Ship Heat Exchangers Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Ship Heat Exchangers Market Size and Volume Forecast by Application
      12.4.1. Ship
      12.4.2. Yacht
      12.4.3. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Ship Heat Exchangers Market Size and Volume Forecast by Type
      12.7.1. Shell and Tube Heat Exchangers
      12.7.2. Plate Heat Exchangers
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Ship Heat Exchangers Demand Share, 2019-2026

13. Middle East & Africa Ship Heat Exchangers Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Ship Heat Exchangers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Ship Heat Exchangers Market Size and Volume Forecast by Application
      13.4.1. Ship
      13.4.2. Yacht
      13.4.3. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Ship Heat Exchangers Market Size and Volume Forecast by Type
      13.7.1. Shell and Tube Heat Exchangers
      13.7.2. Plate Heat Exchangers
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Ship Heat Exchangers Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Ship Heat Exchangers Market: Market Share Analysis
   14.2. Ship Heat Exchangers Distributors and Customers
   14.3. Ship Heat Exchangers Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Alfa Laval Mid Europe Overview Financials Developments Strategic Outlook
      14.4.2. Blokland Non-ferro Overview Financials Developments Strategic Outlook
      14.4.3. DongHwa Entec Overview Financials Developments Strategic Outlook
      14.4.4. E. J. Bowman Overview Financials Developments Strategic Outlook
      14.4.5. ETB Energietechnik Bremen GmbH Overview Financials Developments Strategic Outlook
      14.4.6. Vineta Overview Financials Developments Strategic Outlook
      14.4.7. Pomar Water Overview Financials Developments Strategic Outlook
      14.4.8. Teknotherm Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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