Global Heat Transfer Equipment Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Heat Transfer Equipment market size will reach 16,668 Million USD in 2025 and is projected to reach 23,035 Million USD by 2032, with a CAGR of 4.73% (2025-2032). Notably, the China Heat Transfer Equipment market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Heat transfer equipment refers to a broad category of devices and systems designed to manage the transfer of thermal energy between substances, often involving the exchange of heat between fluids or between a fluid and a solid surface. These devices play a crucial role in various industrial, commercial, and residential applications where controlling temperatures is essential. Examples of heat transfer equipment include heat exchangers, boilers, radiators, condensers, and refrigeration systems. The purpose of these systems is to either remove heat from a space, as in air conditioning and refrigeration units, or transfer heat to provide warmth, as in heating systems. The efficiency and effectiveness of heat transfer equipment significantly impact the performance and energy consumption of processes such as power generation, HVAC (heating, ventilation, and air conditioning), and manufacturing operations.
The major global manufacturers of Heat Transfer Equipment include Alfa Laval, Kelvion (GEA), SPX Corporation, IHI, SPX-Flow, DOOSAN, API, KNM, Funke, Xylem, Thermowave, Hisaka, Sondex A/S, SWEP, LARSEN & TOUBRO, THT, Accessen, Hitachi Zosen, LANPEC, Siping ViEX, Beichen, Lanzhou LS, Defon, Ormandy, FL-HTEP, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Heat Transfer Equipment. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Heat Transfer Equipment market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Heat Transfer Equipment market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Heat Transfer Equipment industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Heat Transfer Equipment Include:
Alfa Laval
Kelvion (GEA)
SPX Corporation
IHI
SPX-Flow
DOOSAN
API
KNM
Funke
Xylem
Thermowave
Hisaka
Sondex A/S
SWEP
LARSEN & TOUBRO
THT
Accessen
Hitachi Zosen
LANPEC
Siping ViEX
Beichen
Lanzhou LS
Defon
Ormandy
FL-HTEP
Heat Transfer Equipment Product Segment Include:
Shell & Tube
Plate
Fin Type
Air Cooled
Heat Transfer Equipment Product Application Include:
Petrochemical
Electric Power & Metallurgy
Shipbuilding Industry
Mechanical Industry
Central Heating
Food Industry
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Heat Transfer Equipment Industry PESTEL Analysis
Chapter 3: Global Heat Transfer Equipment Industry Porter's Five Forces Analysis
Chapter 4: Global Heat Transfer Equipment Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Heat Transfer Equipment Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Heat Transfer Equipment Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Heat Transfer Equipment Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global Heat Transfer Equipment market size will reach 16,668 Million USD in 2025 and is projected to reach 23,035 Million USD by 2032, with a CAGR of 4.73% (2025-2032). Notably, the China Heat Transfer Equipment market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Heat transfer equipment refers to a broad category of devices and systems designed to manage the transfer of thermal energy between substances, often involving the exchange of heat between fluids or between a fluid and a solid surface. These devices play a crucial role in various industrial, commercial, and residential applications where controlling temperatures is essential. Examples of heat transfer equipment include heat exchangers, boilers, radiators, condensers, and refrigeration systems. The purpose of these systems is to either remove heat from a space, as in air conditioning and refrigeration units, or transfer heat to provide warmth, as in heating systems. The efficiency and effectiveness of heat transfer equipment significantly impact the performance and energy consumption of processes such as power generation, HVAC (heating, ventilation, and air conditioning), and manufacturing operations.
The major global manufacturers of Heat Transfer Equipment include Alfa Laval, Kelvion (GEA), SPX Corporation, IHI, SPX-Flow, DOOSAN, API, KNM, Funke, Xylem, Thermowave, Hisaka, Sondex A/S, SWEP, LARSEN & TOUBRO, THT, Accessen, Hitachi Zosen, LANPEC, Siping ViEX, Beichen, Lanzhou LS, Defon, Ormandy, FL-HTEP, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Heat Transfer Equipment. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Heat Transfer Equipment market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Heat Transfer Equipment market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Heat Transfer Equipment industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Heat Transfer Equipment Include:
Alfa Laval
Kelvion (GEA)
SPX Corporation
IHI
SPX-Flow
DOOSAN
API
KNM
Funke
Xylem
Thermowave
Hisaka
Sondex A/S
SWEP
LARSEN & TOUBRO
THT
Accessen
Hitachi Zosen
LANPEC
Siping ViEX
Beichen
Lanzhou LS
Defon
Ormandy
FL-HTEP
Heat Transfer Equipment Product Segment Include:
Shell & Tube
Plate
Fin Type
Air Cooled
Heat Transfer Equipment Product Application Include:
Petrochemical
Electric Power & Metallurgy
Shipbuilding Industry
Mechanical Industry
Central Heating
Food Industry
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Heat Transfer Equipment Industry PESTEL Analysis
Chapter 3: Global Heat Transfer Equipment Industry Porter's Five Forces Analysis
Chapter 4: Global Heat Transfer Equipment Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Heat Transfer Equipment Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Heat Transfer Equipment Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Heat Transfer Equipment Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Heat Transfer Equipment Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Heat Transfer Equipment Product by Type
- 1.2.1 Shell & Tube
- 1.2.2 Plate
- 1.2.3 Fin Type
- 1.2.4 Air Cooled
- 1.3 Heat Transfer Equipment Product by Application
- 1.3.1 Petrochemical
- 1.3.2 Electric Power & Metallurgy
- 1.3.3 Shipbuilding Industry
- 1.3.4 Mechanical Industry
- 1.3.5 Central Heating
- 1.3.6 Food Industry
- 1.3.7 Others
- 1.4 Global Heat Transfer Equipment Market Revenue and Sales Analysis
- 1.4.1 Global Heat Transfer Equipment Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Heat Transfer Equipment Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Heat Transfer Equipment Market Sales Price Trend Analysis (2020-2032)
- 1.5 Heat Transfer Equipment Market Development Status and Trends
- 1.5.1 Heat Transfer Equipment Industry Development Status Analysis
- 1.5.2 Heat Transfer Equipment Industry Development Trends Analysis
- 2 Heat Transfer Equipment Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Heat Transfer Equipment Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Heat Transfer Equipment Market Analysis by Country
- 4.1 Global Heat Transfer Equipment Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Heat Transfer Equipment Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Heat Transfer Equipment Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Heat Transfer Equipment Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Heat Transfer Equipment Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Heat Transfer Equipment Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Heat Transfer Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Heat Transfer Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Heat Transfer Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Heat Transfer Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Heat Transfer Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Heat Transfer Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Heat Transfer Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Heat Transfer Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Heat Transfer Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Heat Transfer Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Heat Transfer Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Heat Transfer Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Heat Transfer Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Heat Transfer Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Heat Transfer Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Heat Transfer Equipment Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Heat Transfer Equipment Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Heat Transfer Equipment Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Heat Transfer Equipment Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Heat Transfer Equipment Average Sales Price by Manufacturers (2021-2025)
- 5.2 Heat Transfer Equipment Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Heat Transfer Equipment Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Heat Transfer Equipment Market Analysis by Type
- 6.1 Global Heat Transfer Equipment Market Revenue Analysis by Type
- 6.1.1 Global Heat Transfer Equipment Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Heat Transfer Equipment Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Heat Transfer Equipment Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Heat Transfer Equipment Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 Alfa Laval
- 7.1.1 Alfa Laval Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 Alfa Laval Heat Transfer Equipment Product Portfolio
- 7.1.3 Alfa Laval Heat Transfer Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 Kelvion (GEA)
- 7.2.1 Kelvion (GEA) Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Kelvion (GEA) Heat Transfer Equipment Product Portfolio
- 7.2.3 Kelvion (GEA) Heat Transfer Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 SPX Corporation
- 7.3.1 SPX Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 SPX Corporation Heat Transfer Equipment Product Portfolio
- 7.3.3 SPX Corporation Heat Transfer Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 IHI
- 7.4.1 IHI Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 IHI Heat Transfer Equipment Product Portfolio
- 7.4.3 IHI Heat Transfer Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 SPX-Flow
- 7.5.1 SPX-Flow Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 SPX-Flow Heat Transfer Equipment Product Portfolio
- 7.5.3 SPX-Flow Heat Transfer Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.6 DOOSAN
- 7.6.1 DOOSAN Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 DOOSAN Heat Transfer Equipment Product Portfolio
- 7.6.3 DOOSAN Heat Transfer Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.7 API
- 7.7.1 API Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 API Heat Transfer Equipment Product Portfolio
- 7.7.3 API Heat Transfer Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.8 KNM
- 7.8.1 KNM Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 KNM Heat Transfer Equipment Product Portfolio
- 7.8.3 KNM Heat Transfer Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.9 Funke
- 7.9.1 Funke Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Funke Heat Transfer Equipment Product Portfolio
- 7.9.3 Funke Heat Transfer Equipment Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.10 Xylem
- 7.10.1 Xylem Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.10.2 Xylem Heat Transfer Equipment Product Portfolio
Pricing
Currency Rates
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