Microchannel Heat Exchanger Market to Grow at a CAGR of 12.4 % to reach US$ 19,630.87 Million from 2020 to 2027

    Microchannel Heat Exchanger Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type (Condenser, Evaporator, and Water Coil) and Application (HVAC, Commercial Refrigeration, and Others)

    Publication Month: Oct 2020 | Report Code: TIPRE00005853 | No. of Pages: 135 | Category: Chemicals and Materials | Status: Published

    The microchannel heat exchanger market accounted for US$ 7,794.93 million in 2019 and is projected to reach US$ 19,630.87 million by 2027; it is expected to grow at a CAGR of 12.4 % from 2020 to 2027.

    The multi-pass parallel, which has three parts and are multi-port tubes which are known to be less than 1 mm hydraulic diameter, manifolds also fins that mainly regulate heat flow are called a microchannel heat exchanger. By transferring heat mainly from one fluid to another, these are utilized for heating and cooling. These are most prominent in the case of refrigerants flowing in a microchannel. In the advanced technological era, the microchannel heat exchanger is employed in various industries like the automobile industry, power generation industry, and construction industry. Owing to its usage in multiple applications like residential as well as commercial infrastructure, the demand for this product is growing in the global market.

    The studied market in the APAC region is expected to grow at the highest CAGR of 12.7% during the forecast period. The growth of the microchannel heat exchanger market in this region is mainly attributed to the huge and easy availability of raw materials required to produce microchannel heat exchangers. The microchannel heat exchangers market enhances efficiency and costs savings for the owners, occupants also managers of microchannel heat exchangers. This has further amplified the demand in the Asia Pacific region. The region is also experiencing a growth in the number of manufacturing units equipped with modern HVAC systems, which will again lead to the growth in the demand for the microchannel heat exchangers market. Microchannel heat exchangers diminish the cost of equipment that benefits from the smaller heat exchanger size, application of smaller fans and reduced refrigerant charges, and in the number of parts used in construction. All these factors support the market for microchannel heat exchangers in the Asia Pacific region. The growing automotive industry, especially in countries like South Korea, China, and Japan, favors the demand for microchannel heat exchangers. An upsurge in demand for vehicles also electronics fuels the market growth.

    Impact of COVID-19 on Microchannel Heat Exchangers Market

    As of July 2021, the US, India, Brazil, Russia, Spain, France, the UK, Turkey, and Italy, are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 is affecting economies and several industries in different countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various manufacturing plants and factories has also been affected the global supply chains also negatively impacted the manufacturing, delivery schedules, and sales of goods in the global market. In addition, the global travel bans further imposed by countries in Europe, Asia-Pacific, and North America are also affecting business collaborations as well as partnership opportunities.

    Due to the Covid-19 pandemic, the chemicals and materials industry is also facing huge losses, which is further impacting the world economy. It has further disrupted the transportation system and disrupted the supply of raw materials. The disruptive value chain has had a negative impact on the raw material supply, which, in turn, is impacting the growth of the stevia market. However, as the economies are planning to revive their operations, the demand for the microchannel heat exchanger is presumed to rise from the end-user industries. In addition, chemical and material producing companies are also taking some safety measures to fight the coronavirus, which include limiting direct contact with delivery persons & visitors, strengthening & communicating proper hygiene practices, and conducting complete sanitations & eliminating personnel contact during shift changes. With all these factors, it can be presumed that in post-pandemic times, the demand for these products will take a hike.

    Global Microchannel Heat Exchanger Market

    Global Microchannel Heat Exchanger Market

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    Market Insights

    Advantages of using Micro Channel Heat Exchangers in Various Applications

    Microchannel heat exchangers find applications in various important as well as diverse fields, including aerospace; gas turbine blade cooling, bioengineering; power & process industries, infrared detectors, refrigeration & air conditioning; efficient laser mirrors & superconductors; microelectronics; also film deposition thermal control. The advantages of microchannel heat exchangers mainly include high volumetric heat flux, robust design, compactness for space-critical applications, efficient flow distribution, along moderate pressure drops. The transportation, as well as chemical manufacturing industries, have also been using MCHEs for decades. Micro-channel heat exchangers are utilized by both residential as well as industrial heat pump air conditioning systems. The efficiency of this heat pump system, along with microchannel heat exchangers, is compared with the type of the basic heat pump system utilizing tube & fin heat exchangers. It is demonstrated that by utilizing microchannel heat exchangers, the system capacity can further be increase by 4 percent, mainly for the residential heat pump air-conditioning system, including the system efficiency can be increased by 1-2 percent by keeping the face area of the heat exchangers the same. The heat exchanger weight can further be reduced by 44 percent, also the refrigerant charge can be diminished by 51 percent.

    Type Insights

    Based on type, the global microchannel heat exchanger market is segmented into condenser, evaporator and water coil. The condenser segment led the microchannel heat exchanger market with the highest market share in 2019. The condenser type segment had accounted for the largest share of the market owing to the high demand mainly from AC systems in automobiles, residential, also commercial systems. The high demand for condenser MCHE is further experienced from the HVAC industry due to its compact design, less refrigerant requirement, along with high heat transfer rate.

    Global Microchannel Heat Exchanger Market, by Type– 2019 and 2027

    Global Microchannel Heat Exchanger Market, by Type– 2019 and 2027

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    Application Insights

    The microchannel heat exchanger market, based on application, is segmented into HVAC, commercial refrigeration, and others. The HVAC application segment is projected to register the highest growth rate during the forecast period. It is lighter, efficient, also requires low refrigerant volume as compared to other types of heat exchangers. In addition to that, it is composed of aluminum, which makes it less vulnerable to galvanic corrosion than the traditional round-tube plate fin (RTPF) coils. MCHE is widely utilized in air conditioning systems along with heat pumps for efficient heat transfer between refrigerant & air. In recent years, with the rise in demand for lightweight systems also rising copper prices, the demand for MCHE is increasing in HVAC applications.

    Strategic Insights

    Mergers and acquisitions, and research and development are the commonly adopted strategies by companies to expand their footprints worldwide, which is further impacting the size of the market. The players present in the microchannel heat exchanger market have been implementing the abovementioned strategies to expand their customer base and gain significant share in the global market, which also enables them to maintain their brand name globally.

    Report Spotlights

    • Progressive industry trends in the global microchannel heat exchanger market to help players develop effective long-term strategies
    • Business growth strategies adopted by companies in developed and developing markets
    • Quantitative analysis of the global microchannel heat exchanger market from 2017 to 2027
    • Estimation of global microchannel heat exchanger demand generated by various industries
    • PEST analysis to illustrate the efficacy of buyers and suppliers operating in the microchannel heat exchanger ecosystem
    • Recent developments to understand the competitive market scenario and global microchannel heat exchanger demand
    • Market trends and outlook, coupled with factors driving and restraining the growth of the global microchannel heat exchanger market
    • Insights to help in decision-making process by understanding strategies which underpin commercial interest with regard to the microchannel heat exchanger market growth globally
    • Global microchannel heat exchanger market size at various nodes of the market
    • Detailed overview and segmentation of the global microchannel heat exchanger market, as well as the microchannel heat exchanger industry dynamics
    • Global microchannel heat exchanger market size in various regions with promising growth opportunities

    Microchannel Heat Exchanger Market – By Type

    • Condenser
    • Evaporator
    • Water Coil


    Microchannel Heat Exchanger Market – By Application

    • HVAC
    • Commercial Refrigeration
    • Others


    Company Profiles

    • API Heat Transfer Inc.
    • Climetal S.L
    • Danfoss
    • DENSO Corporation
    • Hanon Systems
    • Kaltra
    • Zhejiang Kangsheng Co. Ltd (Kasun)
    • MAHLE GmbH
    • Modine Manufacturing Company
    • Sanhua Holding Group Co., Ltd.

    Frequently Asked Questions

    The major players operating in the globalmicrochannel heat exchangermarketare API Heat Transfer, Climetal S.L., Danfoss, Denso Corporation, Hanon System, Kaltra, Zhejiang Kangsheng Co. LTD (KASUN),Mahle GMBH, Modine Manufacturing Company, Sanhua Holding Group among many others.
    In 2019,the microchannel heat exchangermarket was predominantin Asia-Pacificat theglobal level.Surge in demand in the diverse fields of automotive, bioengineering, refrigeration, and air conditioning has had a noteworthy influence on the microchannel heat exchanger market in Asia- Pacific. The market for microchannel heat exchanger in Asia- Pacific is witnessing growth owing to the presence of well-established players such as Danfoss, Denso Corporation, Modine Manufacturing Company, and others in this region. With the rise in demand for the industrial refrigeration systems in the FMCG industriesin the region is expected to continue to grow over the projected period. The use of microchannel heat exchanger in the manufacturing units with air conditioning systemswill further support product demand. Also, the swift in the middle- class population, along with growth in urbanization and rise in disposable income available in the hands of people, leads to the rise in demand for both commercial & residential HVAC systems is also anticipated to fuel the market size over the forecast period.
    The growth of the water coilsegment is primarily attributed to the fact thatmicrochannel water coils are multipurpose heat exchangers designed for air-to-water applications such as cooling water coils, free cooling coils, dry coolers, heat coils, pumped loop evaporators, gas cooling, heating coils, and special applications. Water coils have increased wall thickness of the tube, ensuring reliable operation and long lifespan. The coil itself is a robust frame that offers airtight flush mounting and removes unnecessary reinforcement components. Water coils contain either horizontal or vertical microchannel tubes that improve heat transfer, maintain predictable performance, and low-pressure drops. Due to the ultra-low pressure drop in the headers, our water coils work perfectly in any application.All these factors are responsible for the water coil segment to grow at the highest rate.

    1. Introduction

    1.1 Study Scope

    1.2 The Insight Partners Research Report Guidance

    1.3 Market Segmentation

    1.3.1 Microchannel Heat Exchanger Market, by Type

    1.3.2 Microchannel Heat Exchanger Market, by Application

    1.3.3 Microchannel Heat Exchanger Market, by Geography

    2. Key Takeaways

    3. Research Methodology

    3.1 Scope of the Study

    3.2 Research Methodology

    3.2.1 Data Collection:

    3.2.2 Primary Interviews:

    3.2.3 Hypothesis formulation:

    3.2.4 Macro-economic factor analysis:

    3.2.5 Developing base number:

    3.2.6 Data Triangulation:

    3.2.7 Country level data:

    4. Microchannel Heat Exchanger Market Landscape

    4.1 Market Overview

    4.2 PEST Analysis

    4.2.1 North America

    4.2.2 Europe

    4.2.3 APAC

    4.2.4 MEA

    4.2.5 SAM

    4.3 Expert Opinion

    4.4 Ecosystem Analysis

    5. Microchannel Heat Exchanger Market – Key Market Dynamics

    5.1 Market Drivers

    5.1.1 Steady Growth in Automotive Production

    5.1.2 Advantages of using Micro Channel Heat Exchangers in various applications

    5.2 Market Restraints

    5.2.1 Volatile Prices of Raw Material and high cost associated with microchannel heat exchangers

    5.3 Market Opportunities

    5.3.1 Use of Thermal Management Systems for EVs

    5.4 Future Trends

    5.4.1 High Demand for MCHE in the growing HVAC Industry

    5.5 Impact Analysis Of Drivers And Restraints

    6. Microchannel Heat Exchanger – Global Market Analysis

    6.1 Microchannel Heat Exchanger Market Overview

    6.2 Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    6.3 Market Positioning – Global Market Players

    7. Microchannel Heat Exchanger Market Analysis – By Type

    7.1 Overview

    7.2 Microchannel heat exchanger Market, By Type (2019 and 2027)

    7.3 Condenser

    7.3.1 Overview

    7.3.2 Condenser: Microchannel Heat Exchanger Market – Revenue and Forecast to 2027 (US$ Million)

    7.4 Evaporator

    7.4.1 Overview

    7.4.2 Evaporator: Microchannel Heat Exchanger Market – Revenue and Forecast to 2027 (US$ Million)

    7.5 Water Coil

    7.5.1 Overview

    7.5.2 Water Coil: Microchannel Heat Exchanger Market – Revenue and Forecast to 2027 (US$ Million)

    8. Microchannel Heat Exchanger Market Analysis – By Application

    8.1 Overview

    8.2 Microchannel Heat Exchanger Market, By Application (2019 and 2027)

    8.3 HVAC

    8.3.1 Overview

    8.3.2 HVAC: Microchannel Heat Exchanger Market – Revenue and Forecast to 2027 (US$ Million)

    8.4 Commercial Refrigeration

    8.4.1 Overview

    8.4.2 Commercial Refrigeration: Microchannel Heat Exchanger Market – Revenue and Forecast to 2027 (US$ Million)

    8.5 Others

    8.5.1 Overview

    8.5.2 Others: Microchannel Heat Exchanger Market – Revenue and Forecast to 2027 (US$ Million)

    9. Microchannel Heat Exchanger Market – Geographic Analysis

    9.1 Overview

    9.2 North America: Microchannel Heat Exchanger Market

    9.2.1 North America: Microchannel Heat Exchanger Market – Revenue and Forecast to 2027 (US$ Million)

    9.2.2 North America: Microchannel Heat Exchanger Market, by Type

    9.2.3 North America: Microchannel Heat Exchanger Market, by Application

    9.2.4 North America: Microchannel Heat Exchanger Market, by Key Country

    9.2.4.1 US: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.2.4.1.1 US: Microchannel Heat Exchanger Market, by Type

    9.2.4.1.2 US: Microchannel Heat Exchanger Market, by Application

    9.2.4.2 Canada: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.2.4.2.1 Canada: Microchannel Heat Exchanger Market, by Type

    9.2.4.2.2 Canada: Microchannel Heat Exchanger Market, by Application

    9.2.4.3 Mexico: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.2.4.3.1 Mexico: Microchannel Heat Exchanger Market, by Type

    9.2.4.3.2 Mexico: Microchannel Heat Exchanger Market, by Application

    9.3 Europe: Microchannel Heat Exchanger Market

    9.3.1 Europe: Microchannel Heat Exchanger Market – Revenue and Forecast to 2027 (US$ Million)

    9.3.2 Europe: Microchannel Heat Exchanger Market, by Type

    9.3.3 Europe: Microchannel Heat Exchanger Market, by Application

    9.3.4 Europe: Microchannel Heat Exchanger Market, by Key Country

    9.3.4.1 Germany: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.3.4.1.1 Germany: Microchannel Heat Exchanger Market, by Type

    9.3.4.1.2 Germany: Microchannel Heat Exchanger Market, by Application

    9.3.4.2 France: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.3.4.2.1 France: Microchannel Heat Exchanger Market, by Type

    9.3.4.2.2 France: Microchannel Heat Exchanger Market, by Application

    9.3.4.3 Italy: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.3.4.3.1 Italy: Microchannel Heat Exchanger Market, by Type

    9.3.4.3.2 Italy: Microchannel Heat Exchanger Market, by Application

    9.3.4.4 UK: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.3.4.4.1 UK: Microchannel Heat Exchanger Market, by Type

    9.3.4.4.2 UK: Microchannel Heat Exchanger Market, by Application

    9.3.4.5 Russia: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.3.4.5.1 Russia: Microchannel Heat Exchanger Market, by Type

    9.3.4.5.2 Russia: Microchannel Heat Exchanger Market, by Application

    9.3.4.6 Rest of Europe: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.3.4.6.1 Rest of Europe: Microchannel Heat Exchanger Market, by Type

    9.3.4.6.2 Rest of Europe: Microchannel Heat Exchanger Market, by Application

    9.4 APAC: Microchannel Heat Exchanger Market

    9.4.1 APAC: Microchannel Heat Exchanger Market – Revenue and Forecast to 2027 (US$ Million)

    9.4.2 APAC: Microchannel Heat Exchanger Market, by Type

    9.4.3 APAC: Microchannel Heat Exchanger Market, by Application

    9.4.4 APAC: Microchannel Heat Exchanger Market, by Key Country

    9.4.4.1 Australia: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.4.4.1.1 Australia: Microchannel Heat Exchanger Market, by Type

    9.4.4.1.2 Australia: Microchannel Heat Exchanger Market, by Application

    9.4.4.2 China: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.4.4.2.1 China: Microchannel Heat Exchanger Market, by Type

    9.4.4.2.2 China: Microchannel Heat Exchanger Market, by Application

    9.4.4.3 India: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.4.4.3.1 India: Microchannel Heat Exchanger Market, by Type

    9.4.4.3.2 India: Microchannel Heat Exchanger Market, by Application

    9.4.4.4 Japan: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.4.4.4.1 Japan: Microchannel Heat Exchanger Market, by Type

    9.4.4.4.2 Japan: Microchannel Heat Exchanger Market, by Application

    9.4.4.5 South Korea: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.4.4.5.1 South Korea: Microchannel Heat Exchanger Market, by Type

    9.4.4.5.2 South Korea: Microchannel Heat Exchanger Market, by Application

    9.4.4.6 Rest of APAC: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.4.4.6.1 Rest of APAC: Microchannel Heat Exchanger Market, by Type

    9.4.4.6.2 Rest of APAC: Microchannel Heat Exchanger Market, by Application

    9.5 MEA: Microchannel Heat Exchanger Market

    9.5.1 MEA: Microchannel Heat Exchanger Market – Revenue and Forecast to 2027 (US$ Million)

    9.5.2 MEA: Microchannel Heat Exchanger Market, by Type

    9.5.3 MEA: Microchannel Heat Exchanger Market, by Application

    9.5.4 MEA: Microchannel Heat Exchanger Market, by Key Country

    9.5.4.1 South Africa: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.5.4.1.1 South Africa: Microchannel Heat Exchanger Market, by Type

    9.5.4.1.2 South Africa: Microchannel Heat Exchanger Market, by Application

    9.5.4.2 Saudi Arabia: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.5.4.2.1 Saudi Arabia: Microchannel Heat Exchanger Market, by Type

    9.5.4.2.2 Saudi Arabia: Microchannel Heat Exchanger Market, by Application

    9.5.4.3 UAE: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.5.4.3.1 UAE: Microchannel Heat Exchanger Market, by Type

    9.5.4.3.2 UAE: Microchannel Heat Exchanger Market, by Application

    9.5.4.4 Rest of MEA: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.5.4.4.1 Rest of MEA: Microchannel Heat Exchanger Market, by Type

    9.5.4.4.2 Rest of MEA: Microchannel Heat Exchanger Market, by Application

    9.6 SAM: Microchannel Heat Exchanger Market

    9.6.1 SAM: Microchannel Heat Exchanger Market – Revenue and Forecast to 2027 (US$ Million)

    9.6.2 SAM: Microchannel Heat Exchanger Market, by Type

    9.6.3 SAM: Microchannel Heat Exchanger Market, by Application

    9.6.4 SAM: Microchannel Heat Exchanger Market, by Key Country

    9.6.4.1 Brazil: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.6.4.1.1 Brazil: Microchannel Heat Exchanger Market, by Type

    9.6.4.1.2 Brazil: Microchannel Heat Exchanger Market, by Application

    9.6.4.2 Argentina: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.6.4.2.1 Argentina: Microchannel Heat Exchanger Market, by Type

    9.6.4.2.2 Argentina: Microchannel Heat Exchanger Market, by Application

    9.6.4.3 Rest of SAM: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    9.6.4.3.1 Rest of SAM: Microchannel Heat Exchanger Market, by Type

    9.6.4.3.2 Rest of SAM: Microchannel Heat Exchanger Market, by Application

    10. Impact of Covid-19 Pandemic on Global Microchannel Heat Exchanger Market

    10.1 Overview

    10.2 North America: Impact Assessment of COVID-19 Pandemic

    10.3 Europe: Impact assessment of COVID-19 Pandemic

    10.4 Asia-Pacific: Impact assessment of COVID-19 Pandemic

    10.5 Middle East and Africa: Impact assessment of COVID-19 Pandemic

    10.6 South America: Impact assessment of COVID-19 Pandemic

    11. Industry Landscape

    11.1 Product News

    11.2 Mergers and Acquisitions

    12. Company Profiles

    12.1 API HEAT TRANSFER

    12.1.1 Key Facts

    12.1.2 Business Description

    12.1.3 Products and Services

    12.1.4 Financial Overview

    12.1.5 SWOT Analysis

    12.2 CLIMETAL S.L.

    12.2.1 Key Facts

    12.2.2 Business Description

    12.2.3 Products and Services

    12.2.4 Key Developments

    12.2.5 Financial Overview

    12.2.6 SWOT Analysis

    12.3 DANFOSS

    12.3.1 Key Facts

    12.3.2 Business Description

    12.3.3 Products and Services

    12.3.4 Financial Overview

    12.3.5 SWOT Analysis

    12.4 DENSO CORPORATION

    12.4.1 Key Facts

    12.4.2 Business Description

    12.4.3 Products and Services

    12.4.4 Key Developments

    12.4.5 Financial Overview

    12.4.6 SWOT Analysis

    12.5 HANON SYSTEM

    12.5.1 Key Facts

    12.5.2 Business Description

    12.5.3 Products and Services

    12.5.4 Key Developments

    12.5.5 Financial Overview

    12.5.6 SWOT Analysis

    12.6 KALTRA

    12.6.1 Key Facts

    12.6.2 Business Description

    12.6.3 Products and Services

    12.6.4 Financial Overview

    12.6.5 SWOT Analysis

    12.7 ZHEJIANG KANGSHENG CO. LTD (KASUN)

    12.7.1 Key Facts

    12.7.2 Business Description

    12.7.3 Products and Services

    12.7.4 Financial Overview

    12.7.5 SWOT Analysis

    12.8 MAHLE GMBH

    12.8.1 Key Facts

    12.8.2 Business Description

    12.8.3 Products and Services

    12.8.4 Key Developments

    12.8.5 Financial Overview

    12.8.6 SWOT Analysis

    12.9 MODINE MANUFACTURING COMPANY

    12.9.1 Key Facts

    12.9.2 Business Description

    12.9.3 Products and Services

    12.9.4 Key Developments

    12.9.5 Financial Overview

    12.9.6 SWOT Analysis

    12.10 SANHUA HOLDING GROUP

    12.10.1 Key Facts

    12.10.2 Business Description

    12.10.3 Products and Services

    12.10.4 Key Developments

    12.10.5 Financial Overview

    12.10.6 SWOT Analysis

    13. Appendix

    13.1 About The Insight Partners

    13.2 Glossary of Terms


    LIST OF TABLES

    Table 1. Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Table 2. North America Microchannel Heat Exchanger Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 3. North America Microchannel Heat Exchanger Market, by Application – Revenue and Forecast to 2027 (US$ Million)

    Table 4. US Microchannel Heat Exchanger Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 5. US Microchannel Heat Exchanger Market, by Application – Revenue and Forecast to 2027 (US$ Million)

    Table 6. Canada Microchannel Heat Exchanger Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 7. Canada Microchannel Heat Exchanger Market, by Application – Revenue and Forecast to 2027 (US$ Million)

    Table 8. Mexico Microchannel Heat Exchanger Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 9. Mexico Microchannel Heat Exchanger Market, by Application – Revenue and Forecast to 2027 (US$ Million)

    Table 10. Europe Microchannel Heat Exchanger Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 11. Europe Microchannel Heat Exchanger Market, by Application – Revenue and Forecast to 2027 (US$ Million)

    Table 12. Germany Microchannel Heat Exchanger Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 13. Germany Microchannel Heat Exchanger Market, by Application – Revenue and Forecast to 2027 (US$ Million)

    Table 14. France Microchannel Heat Exchanger Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 15. France Microchannel Heat Exchanger Market, by Application – Revenue and Forecast to 2027 (US$ Million)

    Table 16. Italy Microchannel Heat Exchanger Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 17. Italy Microchannel Heat Exchanger Market, by Application – Revenue and Forecast to 2027 (US$ Million)

    Table 18. UK Microchannel Heat Exchanger Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 19. UK Microchannel Heat Exchanger Market, by Application – Revenue and Forecast to 2027 (US$ Million)

    Table 20. Russia Microchannel Heat Exchanger Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 21. Russia Microchannel Heat Exchanger Market, by Application – Revenue and Forecast to 2027 (US$ Million)

    Table 22. Rest of Europe Microchannel Heat Exchanger Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 23. Rest of Europe Microchannel Heat Exchanger Market, by Application – Revenue and Forecast to 2027 (US$ Million)

    Table 24. APAC Microchannel Heat Exchanger Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 25. APAC Microchannel Heat Exchanger Market, by Application – Revenue and Forecast to 2027 (US$ Million)

    Table 26. MEA Microchannel Heat Exchanger Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 27. MEA Microchannel Heat Exchanger Market, by Application – Revenue and Forecast to 2027 (US$ Million)

    Table 28. SAM Microchannel Heat Exchanger Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 29. SAM Microchannel Heat Exchanger Market, by Application – Revenue and Forecast to 2027 (US$ Million)

    Table 30. Brazil Microchannel Heat Exchanger Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 31. Brazil Microchannel Heat Exchanger Market, by Application – Revenue and Forecast to 2027 (US$ Million)

    Table 32. Argentina Microchannel Heat Exchanger Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 33. Argentina Microchannel Heat Exchanger Market, by Application – Revenue and Forecast to 2027 (US$ Million)

    Table 34. Rest of SAM Microchannel Heat Exchanger Market, by Type – Revenue and Forecast to 2027 (US$ Million)

    Table 35. Rest of SAM Microchannel Heat Exchanger Market, by Application – Revenue and Forecast to 2027 (US$ Million)

    Table 36. Glossary of Terms, Microchannel Heat Exchanger Market

    LIST OF FIGURES

    Figure 1. Microchannel Heat Exchanger Market Segmentation

    Figure 2. Microchannel Heat Exchanger Market Segmentation – By Geography

    Figure 3. Global Microchannel Heat Exchanger Market Overview

    Figure 4. Condenser Segment Held Largest Share of Global Microchannel Heat Exchanger Market

    Figure 5. Asia Pacific Region Held Largest Share of Global Microchannel Heat Exchanger Market

    Figure 6. Global Microchannel Heat Exchanger Market, Industry Landscape

    Figure 7. North America: PEST Analysis

    Figure 8. Europe: PEST Analysis

    Figure 9. APAC: PEST Analysis

    Figure 10. MEA: PEST Analysis

    Figure 11. SAM: PEST Analysis

    Figure 12. Expert Opinion

    Figure 13. Microchannel Heat Exchanger Market – Ecosystem Analysis

    Figure 14. Microchannel Heat Exchanger Market Impact Analysis Of Driver And Restraints

    Figure 15. Geographic Overview of Microchannel Heat Exchanger Market

    Figure 16. Microchannel Heat Exchanger Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 17. Microchannel heat exchanger Market Revenue Share, By Type (2019 and 2027)

    Figure 18. Condenser: Microchannel Heat Exchanger Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 19. Evaporator: Microchannel Heat Exchanger Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 20. Water Coil: Microchannel Heat Exchanger Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 21. Microchannel Heat Exchanger Market Revenue Share, By Application (2019 and 2027)

    Figure 22. HVAC: Microchannel Heat Exchanger Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 23. Commercial Refrigeration: Microchannel Heat Exchanger Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 24. Others: Microchannel Heat Exchanger Market – Revenue And Forecast To 2027 (US$ Million)

    Figure 25. Global Microchannel Heat Exchanger Market Revenue Share, by Region (2019 and 2027)

    Figure 26. North America: Microchannel Heat Exchanger Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 27. North America: Microchannel Heat Exchanger Market Revenue Share, by Type (2019 and 2027)

    Figure 28. North America: Microchannel Heat Exchanger Market Revenue Share, by Application (2019 and 2027)

    Figure 29. North America: Microchannel Heat Exchanger Market Revenue Share, by Key Country (2019 and 2027)

    Figure 30. US: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 31. Canada: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 32. Mexico: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 33. Europe: Microchannel Heat Exchanger Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 34. Europe: Microchannel Heat Exchanger Market Revenue Share, by Type (2019 and 2027)

    Figure 35. Europe: Microchannel Heat Exchanger Market Revenue Share, by Application (2019 and 2027)

    Figure 36. Europe: Microchannel Heat Exchanger Market Revenue Share, by Key Country (2019 and 2027)

    Figure 37. Germany: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 38. France: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 39. Italy: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 40. UK: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 41. Russia: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 42. Rest of Europe: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 43. APAC: Microchannel Heat Exchanger Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 44. APAC: Microchannel Heat Exchanger Market Revenue Share, by Type (2019 and 2027)

    Figure 45. APAC: Microchannel Heat Exchanger Market Revenue Share, by Application (2019 and 2027)

    Figure 46. APAC: Microchannel Heat Exchanger Market Revenue Share, by Key Country (2019 and 2027)

    Figure 47. Australia: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 48. China: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 49. India: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 50. Japan: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 51. South Korea: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 52. Rest of APAC: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 53. MEA: Microchannel Heat Exchanger Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 54. MEA: Microchannel Heat Exchanger Market Revenue Share, by Type (2019 and 2027)

    Figure 55. MEA: Microchannel Heat Exchanger Market Revenue Share, by Application (2019 and 2027)

    Figure 56. MEA: Microchannel Heat Exchanger Market Revenue Share, by Key Country (2019 and 2027)

    Figure 57. South Africa: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 58. Saudi Arabia: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 59. UAE: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 60. Rest of MEA: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 61. SAM: Microchannel Heat Exchanger Market – Revenue and Forecast to 2027 (US$ Million)

    Figure 62. SAM: Microchannel Heat Exchanger Market Revenue Share, by Type (2019 and 2027)

    Figure 63. SAM: Microchannel Heat Exchanger Market Revenue Share, by Application (2019 and 2027)

    Figure 64. SAM: Microchannel Heat Exchanger Market Revenue Share, by Key Country (2019 and 2027)

    Figure 65. Brazil: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 66. Argentina: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 67. Rest of SAM: Microchannel Heat Exchanger Market –Revenue and Forecast to 2027 (US$ Million)

    Figure 68. Impact of COVID-19 Pandemic in North American Country Markets

    Figure 69. Impact of COVID-19 Pandemic in Europe Country Markets

    Figure 70. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

    Figure 71. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

    Figure 72. Impact of COVID-19 Pandemic in South America Country Markets

    The List of Companies  - Microchannel Heat Exchanger Market

    1. API Heat Transfer
    2. Climetal S.L.
    3. Danfoss
    4. Denso Corporation
    5. Hanon System
    6. Kaltra
    7. Zhejiang Kangsheng Co. Ltd (Kasun)
    8. MahleGmbh
    9. Modine Manufacturing Company
    10. Sanhua Holding Group
    • Highlights key business priorities to assist companies realign their business strategies.

    • Featureskey findings and crucial progressive industry trends in the global microchannel heat exchangermarket, thereby allowing players to develop effective long-term strategies.

    • Develops/modifiesbusiness expansion plans by using substantial growth offering from developed and emerging markets.

    • Scrutinizes in-depth market trends as well askey market driversand restraints.

    • Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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