OVERVIEW

The Microchannel Heat Exchanger Market in the global market is expected to grow at a high CAGR of 8.72% to show a market value of about USD Billion during the forecasted period from 2016 to 2024.

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MARKET SEGMENTATION

BY INDUSTRY

§  Residential

§  Commercial

§  Refrigerated Transport

§  Power

BY APPLICATION

§  Chiller

§  Heat Pump

§  Condenser and Evaporator

BY PHASE

§  Single-Phase

§   Two-Phase

BY REGION

• North America
• Europe
• Asia-Pacific
• Rest of the World

GLOBAL MICROCHANNEL HEAT EXCHANGER MARKET SHARE, BY REGION, 2018

North America: xx%

Europe: xx%

Asia-Pacific: xx%

Rest of the World (RoW): xx%

FACTORS STUDIED FOR MARKET FORECAST

Drivers:

• Increasing demand for cooling, heat, air ventilation, refrigerator
• Strictness in regulations regarding emission standards for energy efficiency 
• High demand in residential as well as commercial applications

Restraints:

• Volatility of raw material
• Increase in prices of raw material
• Corrosion in heat exchangers

FACTORS STUDIED FOR MARKET FORECAST

• Technological advancements
• Rapid urbanization are increasing the adoption in the manufacturing industry

KEY COMPANIES PROFILED

• Kaltra (Germany)
• Welcon Inc. (Japan)
• Shanghai Shenglin M&E Technology Co. Ltd. (China)
• Evapco Inc. (U.S.)
• Climetal SL (Spain)
• Modine Manufacturing Company (U.S.)
• Danfoss (Denmark)
• Zhejiang DUNAN Artificial Environment Co. Ltd. (China)
• Sanhua (U.S.)
• Vacuum Process Engineering (U.S.)
• Sumitomo Precision Products Co. Ltd. (Japan)

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