Brazed-Plate-Type Heat Exchangers Market: Overview

Brazed-plate-type heat exchangers (BPHEs) are manufactured by applying pressure on a sequence of thin, corrugated, stainless steel sheets and brazing the pressed steel with copper or nickel. The material used for soldering is melted so as to form a seal between the plates. The process of brazing makes the steel plates so tough that they become extremely durable and can be used under high working pressures and temperatures. Spaces between the plates act as flow channels, with one fluid flowing through odd-numbered channels and the other through even-numbered channels. With this arrangement, heat exchange takes place through these designed plates over a large surface area, making brazed-plate-type heat exchangers an efficient choice for heat exchange. The brazed-plate-type heat exchangers allows mediums at different temperatures to come close, separated by channel plates that enable heat from one medium to be transferred to the other with very high efficiency. The low cost of operation and high performance make brazed-plate-type heat exchangers an optimal choice for use in the heat transfer application.­­

Brazed-Plate-Type Heat Exchangers Market: Drivers & Restraints

A major driver of the market for brazed-plate-type heat exchangers is properties of BPHEs such as high efficiency, compactness, flexibility, and cost-effectiveness. Also, the rate of heat transfer is high in case of these heat exchangers, as there exists a large amount of conductive surface area, which is likely to increase turbulence of the fluid. This, in turn, is fueling the demand for brazed-plate-type heat exchangers across the globe.

Brazed-Plate-Type Heat Exchangers Market: Key Segmentations

Based on application, the global brazed-plate-type heat exchangers market can be divided into chemical, HVAC & refrigeration, food & beverages, power generation, and others (including transportation). Chemical and HVAC & refrigeration segments are expected to expand at a significant pace during the forecast period, due to consistent usage of brazed-plate-type heat exchangers for heat transfer, particularly for cooling of fluids.

Brazed-Plate-Type Heat Exchangers Market: Regional Outlook

In terms of region, the global brazed-plate-type heat exchangers market can be divided into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. The brazed-plate-type heat exchangers market in Asia Pacific is estimated to expand at a rapid pace during the forecast period, due to rise in the per capita income of people across the region. Increase in the per capita income is boosting the spending power of consumers in the region. This, in turn, is estimated to propel the demand for coolers and refrigeration systems in Asia Pacific in the next few years. Manufacturers across Europe and North America are primarily engaged in optimizing the performance of brazed-plate-type heat exchangers, by developing advanced and patented technologies such as Equalancer system and Dualaced technology. The brazed-plate-type heat exchangers market in Middle East & Africa is likely to expand at a moderate pace between 2019 and 2027, as these regions depend on import of machineries from developed nations such as Europe and North America.

Brazed-Plate-Type Heat Exchangers Market: Key Players

Prominent players operating in the global brazed-plate-type heat exchangers market are SWEP International AB, Alfa Laval AB, Funke Wärmeaustauscher Apparatebau GmbH, Kaori Heat Treatment Co., Ltd. Danfoss A/S, SPX Corporation, GEA Group, Graham Corporation., Welltech Cooling Systems HYDAC Verwaltung GmbH, United Cooling Systems P. Ltd and Kelvion Holding GmbH. Kaori Heat Treatment Co., Ltd. is a global player engaged in the manufacture of brazed-plate-type heat exchangers. It develops innovative thermal solutions and high-performance and high-quality products for use in the heating & cooling industry.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Brazed Plate Type Heat Exchangers Market

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