Market revenue in 2023 | USD 66.1 million |
Market revenue in 2030 | USD 101.7 million |
Growth rate | 6.3% (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 |
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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 plate & frame heat exchangers market will help companies and investors design strategic landscapes.
Gasketed was the largest segment with a revenue share of 55.52% in 2023. Horizon Databook has segmented the South Korea plate & frame heat exchangers market based on brazed, gasketed, welded covering the revenue growth of each sub-segment from 2018 to 2030.
In semiconductor manufacturing, precise temperature control and management are pivotal throughout various stages of the production process, from wafer fabrication to testing. The plate and frame heat exchanger, with its efficient heat transfer capabilities, plays a significant role in this context.
The HVAC industry in South Korea is experiencing significant growth, fueling the demand for plate & frame heat exchangers. This surge is attributed to the country's rapid urbanization, advancements in infrastructure, and increasing focus on energy-efficient building solutions.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea plate & frame heat exchangers market , including forecasts for subscribers. This country databook contains high-level insights into South Korea plate & frame heat exchangers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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