Germany Plate & Frame Heat Exchangers Market Size & Outlook
Germany plate & frame heat exchangers market, 2018-2030 (US$M)
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Germany plate & frame heat exchangers market highlights
- The Germany plate & frame heat exchangers market generated a revenue of USD 371.1 million in 2023 and is expected to reach USD 541.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 5.5% 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 371.1 million |
| Market revenue in 2030 | USD 541.4 million |
| Growth rate | 5.5% (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, Germany accounted for 6.3% 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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Germany 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 53.95% in 2023. Horizon Databook has segmented the Germany plate & frame heat exchangers market based on brazed, gasketed, welded covering the revenue growth of each sub-segment from 2018 to 2030.
The country is experiencing a significant rise in pharmaceutical production, which has spurred the demand for plate & frame heat exchangers. This trend is largely attributed to the stringent quality and efficiency standards required in the pharmaceutical industry, where precise temperature control and cleanliness are important.
Plate & frame heat exchangers, known for their high efficiency, reliability, and ability to handle a wide range of temperatures and pressures, are particularly suited for these applications. Their design allows easy maintenance and cleaning, an essential feature for pharmaceutical processes to ensure product purity and compliance with health regulations.
As the pharmaceutical sector in Germany continues to grow due to innovation, research, and development, and increasing demand for medications, the demand for sophisticated manufacturing equipment like plate and frame heat exchangers will also grow.
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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 Germany plate & frame heat exchangers market , including forecasts for subscribers. This country databook contains high-level insights into Germany plate & frame heat exchangers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany plate & frame heat exchangers market size, by product, 2018-2030 (US$M)
Germany Plate & Frame Heat Exchangers Market Outlook Share, 2023 & 2030 (US$M)
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