This statistic denotes the global market size across several regions including Europe, APAC, North America, South America, and MEA. The heat exchanger market size was estimated to be at USD 2.81 bn in 2020-2024.
The size of the global heat exchanger market has been derived by triangulating data from multiple sources and approaches. While arriving at the market size, we have considered data points, such as the size of the parent market and the revenues of key market participants, such as Alfa Laval AB, Chart Industries Inc., Danfoss AS, Doosan Heavy Industries & Construction Co. Ltd., Guntner GmbH and Co. KG., Johnson Controls International Plc, Kelvion Holding GmbH, SPX FLOW Inc., Thermax Ltd., and Xylem Inc.