UAE Plate & Frame Heat Exchangers Market Size & Outlook
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UAE plate & frame heat exchangers market highlights
- The UAE plate & frame heat exchangers market generated a revenue of USD 131.7 million in 2023 and is expected to reach USD 196.4 million by 2030.
- The UAE market is expected to grow at a CAGR of 5.9% 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 131.7 million |
| Market revenue in 2030 | USD 196.4 million |
| Growth rate | 5.9% (CAGR from 2024 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, UAE accounted for 2.2% 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 Middle East & Africa, UAE plate & frame heat exchangers market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 196.4 million by 2030.
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Plate & Frame Heat Exchangers Market Scope
Plate & Frame Heat Exchangers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| HFM | View profile | 11-50 | London, England, United Kingdom, Europe | https://hfm.global |
| Gooch Thermal Systems | View profile | 1-10 | Whitehall, Pennsylvania, United States, North America | https://www.goochthermal.com |
| WCR | View profile | 51-100 | Fairborn, Ohio, United States, North America | http://www.wcrhx.com |
| Tranter | View profile | 501-1000 | Wichita Falls, Texas, United States, North America | https://www.tranter.com |
| Nexson Group | View profile | 51-100 | Garchizy, Bourgogne, France, Europe | https://www.nexson-group.com |
| SPX FLOW | View profile | 5001-10000 | Charlotte, North Carolina, United States, North America | https://www.spxflow.com/ |
| API Heat Transfer | View profile | 1001-5000 | Buffalo, New York, United States, North America | http://www.apiheattransfer.com |
| Kelvion | View profile | 11-50 | Bochum, Nordrhein-Westfalen, Germany, Europe | https://www.kelvion.com/ |
| Danfoss A/S | View profile | 10001+ | Nordborg, Syddanmark, Denmark, Europe | https://www.danfoss.com |
| Hisaka Works | View profile | 501-1000 | Osaka-shi, Osaka, Japan, Asia | https://www.hisaka.co.jp/ |
| Alfa Laval AB | View profile | 21441 | Rudeboksvagen 1, P.O. Box 73, Lund, Sweden, SE-221 00 | https://www.alfalaval.com |
UAE 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 59% in 2023. Horizon Databook has segmented the UAE plate & frame heat exchangers market based on brazed, gasketed, welded covering the revenue growth of each sub-segment from 2018 to 2030.
Plate & frame heat exchangers, known for their efficiency and versatility, are poised to see increased demand as they are essential in controlling temperatures in various application areas, from air conditioning within transportation hubs to process cooling in construction and maintenance operations.
Increasing population and rise in energy demand in the country are expected to boost the market for HVAC & refrigeration and power generation, which, in turn, are likely to drive the demand for plate & frame heat exchangers. Rising demand for thermal management in various industries, such as chemical and power generation, is expected to fuel the plate & frame heat exchangers market over the forecast period.
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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 UAE plate & frame heat exchangers market , including forecasts for subscribers. This country databook contains high-level insights into UAE plate & frame heat exchangers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE plate & frame heat exchangers market size, by product, 2018-2030 (US$M)
UAE Plate & Frame Heat Exchangers Market Outlook Share, 2023 & 2030 (US$M)
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