Market revenue in 2023 | USD 1,498.0 million |
Market revenue in 2030 | USD 1,985.4 million |
Growth rate | 4.1% (CAGR from 2023 to 2030) |
Largest segment | Shell & tube |
Fastest growing segment | Plate & Frame |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Plate & Frame, Shell & Tube, Air-cooled |
Key market players worldwide | Alfa Laval AB, Danfoss A/S, Kelvion, Xylem Inc, API Heat Transfer, Mersen SA, Hisaka Works, Chart Industries Inc, Johnson Controls International PLC, HRS Heat Exchangers, SPX Technologies Inc, Koch Industries, Southern Co, Güntner, FUNKE |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to heat exchangers market will help companies and investors design strategic landscapes.
Shell & tube was the largest segment with a revenue share of 35.99% in 2023. Horizon Databook has segmented the Italy heat exchangers market based on plate & frame, shell & tube, air-cooled covering the revenue growth of each sub-segment from 2018 to 2030.
The country's economic growth is expected to recover gradually due to several factors including rising disposable income, high public investment, reduced social security charges & tax burdens, and tax incentives for businesses.
Significant industries in Italy include machinery, chemical, tourism, automobile, and food processing. Italy heat exchangers market is characterized by the rising product demand from power generation, chemical, and food & beverage sectors.
Italy is expected to gain significance as a major trading hub for chemical industry over a long period. Chemical manufacturers in Italy are focusing on production and specialization in downstream chemicals such as specialty chemicals and detergents, thereby offering tailor-made solutions to their customers.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy heat exchangers market , including forecasts for subscribers. This country databook contains high-level insights into Italy heat exchangers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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