Microchannel Heat Exchanger Market : Production, Revenue, Price and Gross Margin Analysis with Forecasts to 2025
Global Microchannel Heat Exchanger Market is valued approximately at USD 10 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 13% over the forecast period 2019-2026.
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Major market player included in this report are:
Sanhua
Hanon Systems
MAHLE
Modine
Denso Corporation
API Heat Transfer
Climetal
Danfoss
Kaltra
Kangsheng Group
The microchannel heat exchanger also known as micro structured heat exchanger are heat exchangers that contain three parts namely, fins, multi-port tubes below 1 mm hydraulic diameter, and manifolds. These devices are ideal for use in commercial and residential air-cooling system and in refrigeration equipment. Micro channel heat exchanger has advantages over other substitutes (Fin& tube, Plate & fin) such as compact design, light weight and high cooling capacity.
Thus, MCHEs are highly efficient with the refrigerant flowing. Growing energy efficiency regulations coupled with stringent emission standards are key driving forces of market. Further, growing demand for MCHE from the HVAC (Heating, Ventilation and Air Conditioning) industry is also contributing towards market growth. For instance as per International Energy Agency, global stock of air conditioners in building was estimated about 1.6 billion in 2018 that is estimated to reach about 5.6 billion by 2050. Further, use of thermal management systems in EVs is expected to create significant growth opportunity in the market over the forecast period. However, volatility of raw material prices is expected to restrain the market growth over the forecast period.
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The regional analysis of global Microchannel Heat Exchanger market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is expected to hold significant position in terms of market share due to the up surging manufacturing industry coupled with rapid automation. Whereas, Asia-Pacific is also projected to show high growth rate / CAGR over the forecast period 2019-2026. Factors such as increasing urbanization, population coupled with growing automotive industry is expected to create significant growth prospects for the Microchannel Heat Exchanger market across Asia-Pacific region over the forecast period.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Condenser
Evaporator
Water Coil
By Application:
Automotive
HVAC
Commercial Refrigeration
Other
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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2016-2026 (USD Billion)
1.3.1. Microchannel Heat Exchanger Market, by Type, 2016-2026 (USD Billion)
1.3.2. Microchannel Heat Exchanger Market, by Application, 2016-2026 (USD Billion)
1.3.3. Microchannel Heat Exchanger Market, by Region, 2016-2026 (USD Billion)
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Microchannel Heat Exchanger Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Microchannel Heat Exchanger Market Dynamics
3.1. See Saw Analysis
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Microchannel Heat Exchanger Market Industry Analysis
4.1. Porter\’s 5 Force Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter\’s 5 Force Model
4.2. PEST Analysis
4.2.1. Political Scenario
4.2.2. Economic Scenario
4.2.3. Social Scenario
4.2.4. Technological Scenario
4.3. Key Buying Criteria (On Demand)
4.4. Regulatory Framework (On Demand)
4.5. Investment Vs Adoption Scenario (On Demand)
4.6. Analyst Recommendation & Conclusion
Chapter 5. Global Microchannel Heat Exchanger Market, by Type
5.1. Market Snapshot
5.2. Market Performance – Potential Model
5.3. Microchannel Heat Exchanger Market, Sub Segment Analysis
5.3.1. Condenser
5.3.1.1. Market estimates & forecasts, 2016-2026 (USD Billion)
5.3.1.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion)
5.3.2. Evaporator
5.3.2.1. Market estimates & forecasts, 2016-2026 (USD Billion)
5.3.2.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion)
5.3.3. Water Coil
5.3.3.1. Market estimates & forecasts, 2016-2026 (USD Billion)
5.3.3.2. Regional breakdown estimates & forecasts, 2016-2026 (USD Billion)
Chapter 6. Global Microchannel Heat Exchanger Market, by Application
Chapter 7. Global Microchannel Heat Exchanger Market, by Regional Analysis
Chapter 8. Competitive Intelligence
8.1. Company Market Share (Subject to Data Availability)
8.2. Top Market Strategies
8.3. Company Profiles
Chapter 9. Research Process
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