France Plate & Frame Heat Exchangers Market Size & Outlook
France plate & frame heat exchangers market, 2018-2030 (US$M)
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France plate & frame heat exchangers market highlights
- The France plate & frame heat exchangers market generated a revenue of USD 244.7 million in 2023 and is expected to reach USD 353.9 million by 2030.
- The France market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
- In terms of segment, gasketed was the largest revenue generating product in 2023.
- Brazed is the most lucrative product segment registering the fastest growth during the forecast period.
Plate & frame heat exchangers market data book summary
| Market revenue in 2023 | USD 244.7 million |
| Market revenue in 2030 | USD 353.9 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Gasketed |
| Fastest growing segment | Brazed |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Brazed, Gasketed, Welded |
| Key market players worldwide | Alfa Laval AB, API Heat Transfer, Danfoss A/S, Kelvion, Nexson Group, SPX FLOW, Hisaka Works, Tranter, WCR, Gooch Thermal Systems, HFM |
Other key industry trends
- In terms of revenue, France accounted for 4.1% of the global plate & frame heat exchangers market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Italy plate & frame heat exchangers market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 541.4 million by 2030.
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Plate & Frame Heat Exchangers Market Scope
Plate & Frame Heat Exchangers Market Companies
| Name | Profile | # Employees | HQ | Website |
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France plate & frame heat exchangers market outlook
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 plate & frame heat exchangers market will help companies and investors design strategic landscapes.
Gasketed was the largest segment with a revenue share of 55.13% in 2023. Horizon Databook has segmented the France plate & frame heat exchangers market based on brazed, gasketed, welded covering the revenue growth of each sub-segment from 2018 to 2030.
The industrial production recovery was mostly driven by transportation equipment production, which is still recovering after months of supply chain disruption due to the pandemic. Thus, rising industrial production in France is likely to drive plate & frame heat exchanger demand in the coming years.
Moreover, pharmaceutical companies have been investing in their production facilities to meet the growing demand for drugs and vaccines, especially in the wake of global health challenges. This will drive the need for reliable and efficient cooling and heating systems.
In 2023, Novo Nordisk announced a USD 2.3 billion investment to enhance the production of its weight loss and diabetes drug at Chartres, France. This investment aims to substantially boost the production capacity for Novo Nordisk's current lineup, including the widely popular drugs Ozempic and Wegovy, as well as other obesity medications.
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Our clientele includes a mix of plate & frame heat exchangers market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the France plate & frame heat exchangers market , including forecasts for subscribers. This country databook contains high-level insights into France plate & frame heat exchangers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France plate & frame heat exchangers market size, by product, 2018-2030 (US$M)
France Plate & Frame Heat Exchangers Market Outlook Share, 2023 & 2030 (US$M)
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