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India Heat Exchanger Market 2022 | Market Expected to Exhibit a Growth Rate (CAGR) of 16.27% by 2027 | IMARC Group
India Heat Exchanger Market Report 2022-2027
The India heat exchanger market is expected to exhibit a CAGR of 7% during 2022-2027.
A heat exchanger represents the device that is used to transfer heat from one fluid to another and control the temperature of a substance or system. It contains streams of hot and cold liquids separated by thermally conductive tubes and agitators, such as a helical ribbon impeller. A heat exchanger assists in heating or cooling buildings as well as enables efficient functioning of engines and machines. In addition to this, it consumes less energy and ensures low environmental impact at reduced maintenance and operational costs as compared to conventional cooling methods. Consequently, a heat exchanger finds extensive applications in furnaces, power stations, refrigerators, waste heat recovery units, automotive radiators, sewage treatment plants, etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends and Drivers:
The growing utilization of heat, ventilation and air-conditioning (HVAC) systems across various sectors, such as industrial, commercial, and residential, owing to the extreme average climatic conditions, is primarily driving the India heat exchanger market. Besides this, the widespread product adoption in the installation of new power units is further catalyzing the market growth. Moreover, the escalating demand for this device in solar water heating systems to transfer solar energy absorbed in solar collectors to potable drinking water is acting as another significant growth-inducing factor.
Apart from this, the introduction of artificial intelligence (AI) and the Internet of Things (IoT) that enable users to monitor product performance in real-time while improving their efficiency is anticipated to fuel the India heat exchanger market over the forecasted period.
Explore the Full Report with TOC & List of Figures: https://www.imarcgroup.com/india-heat-exchanger-market
Key Market Segmentation:
Breakup by Type:
• Shell & Tube
• Plate & Frame
• Air Cooled
• Others
Breakup by Material:
• Carbon Steel
• Stainless Steel
• Nickel
• Others
Breakup by End Use Industry:
• Chemical
• Petrochemical and Oil & Gas
• HVAC and Refrigeration
• Food & Beverage
• Power Generation
• Paper & Pulp
• Others
Breakup by Region:
• North India
• West and Central India
• South India
• East India
Competitive Landscape:
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
Key highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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