The report “Air-Cooled Heat Exchanger Market by Structure, Material (Stainless Steel, Carbon Steel), Type (Induced Draft, Forced Draft), Fin Design, Capacity, End-Use Industry (Oil & Gas, Power Generation, Data Center), and Region – Global Forecast to 2029″, is projected to reach USD 5.69 Billion by 2029, at a CAGR of 7.5% from USD 3.96 Billion in 2024. The growth of air-cooled heat exchanger market is driven by increasing industrialization in emerging economies, where the expansion of manufacturing and energy sectors is creating a heightened demand for efficient heat transfer solutions. Additionally, the implementation of stricter energy efficiency regulations and emission standards is pushing industries to embrace more sustainable technologies, which further enhances the appeal of air-cooled heat exchangers. These systems are particularly attractive due to their cost-effectiveness and operational benefits, including lower maintenance costs and diminished water requirements.
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• 178 Market data Tables
• 56 Figures
• 211 Pages and in-depth TOC on “Air-Cooled Heat Exchanger Market – Global Forecast to 2029″
• 56 Figures
• 211 Pages and in-depth TOC on “Air-Cooled Heat Exchanger Market – Global Forecast to 2029″
Some of the prominent key players are:
- ALFA LAVAL (Sweden),
- Kelvion Holding GmbH (Germany),
- Kawasaki Heavy Industries, Ltd. (Japan),
- Xylem (US),
- Exchanger Industries Limited (Canada),
- SPX Cooling Tech, LLC (US), and many more….
Opportunity: Growing Demand from Data Centers
The immense demand from the data centers is considered to be one of the most promising opportunities for the air-cooled heat exchanger market. Growing interest in data center cooling solutions is attributed to the growth in data centers and consequent heat generation, and air-cooling systems have become particularly beneficial where water is scarce, or the emphasis is on sustainability. They have enhanced their capability to handle high thermal loads in high density server arrangements by virtue of technological improvement. Air-cooled systems pursue the energy conservation and decrease of operating costs, which has led to the development of objectives for sustainable data centers and the gradual expansion of the use of these systems in this continuously expanding industry.
