Global Rotary Heat Exchangers Market, By Type (Condensing Heat Exchanger, Sorption Heat Exchanger),

Published Date: | Report Code : EQ1958564

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The Rotary Heat Exchangers Market growth is expected to gain high momentum during the forecast period due to Increasing demand for energy recovery equipment.

The rotary heat exchanger is an equipment that is used to process the air for heat and cooling energy. The main advantage of the heat exchanger is it acts as an energy recovery system. The rotary heat exchanger is effective than other types of the heat exchanger. It can save energy up to 85%. The rotary heat exchanger has a wheel-like construction because of this it is also called a heat rotor or rotor. This rotor is made up of aluminum material. Rotary heat exchanger does not require condensate drainage due to this installation and maintenance work can be simplified.

Segment Analysis:

The global rotary heat exchangers market is segmented on the basis of type and application. On the basis of type, this market is segmented into a condensing heat exchanger and sorption heat exchanger. The condensing heat exchanger is made of aluminum foil and sorption heat exchangers made of hygroscopic aluminum foil. By application, this market is categories into comfort ventilation, industrial ventilation, and marine ventilation. Comfort ventilation contains homes, offices, hotels, and airports. Industrial ventilation includes different types of industry. The industrial segment is expected high demand in this market because of the rapid growth of industrialisation. The global rotary heat exchangers market is expected high demand in the Asia Pacific region due to the rapid growth of industrialization along with an increasing standard of living of people of developing countries like China and India.

Key Factors Impacting Market Growth:

  • Increasing demand for energy recovery equipment.
  • Expanding air conditioning industry.

Regional Outlook:

Major regions for rotary heat exchangers market are estimated to North America, Western Europe, and Asia Pacific. North America and Western Europe have been traditional markets for rotary heat exchangers owing to strong presence of industrial sector. The industrial sector has been one of the key contributors to the economies in these regions. Major industries in these regions are estimated to be increasing demand for energy recovery equipment. These industries have an established base resulting in stable market demand. Moreover, most of these industries have been witnessing transition in terms of product development and production methods. These factors are expected to drive the demand for rotary heat exchangers market in the North America and Western Europe region. Major markets by country in these regions include US, Germany, France, UK, Canada, Spain, and others. Asia Pacific and Middle East region has witnessed tremendous growth of the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. In addition to this, some of the fastest growing economies including China and India have been major markets for various end-use industries including building & construction, automotive, healthcare, manufacturing, and so on. Among these industries, increasing demand for energy recovery equipment are estimated to register high demand for rotary heat exchangers market during the forecast period. On the other hand, Middle East region has witnessed diversification in terms of industrial outlook in recent decades. UAE, Saudi Arabia, Qatar, and others have been instrumental in promoting development of various industries including building & construction, pharmaceuticals, automotive, and so on. This is expected to drive the growth of rotary heat exchangers market directly or indirectly in the region. Eastern Europe consisting of Russia and Turkey promises a stable demand for rotary heat exchangers market during the forecast period. Rest of the World including South America and Africa are estimated to be a developing market with strong potential in strategic future.

Companies Covered: Mitsubishi Electric Corporation, Nortek Air Solutions, Munters Corporation, Greenheck, RenewAire, DRI Innovative Air Solutions and Reznor.

Market Segmentation:

By Type:

  • Condensing Heat Exchanger

  • Sorption heat exchanger

By Application:

  • Comfort Ventilation

  • Industrial Ventilation

  • Marine Ventilation

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Type

    • By Application

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Type

    • By Application

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Type

    • By Application

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Type

    • By Application

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Type

    • By Application

  • Rest of the World

    • By Region (South America, Africa)

    • By Type

    • By Application

Reasons To Buy This Report:

  • Market size estimation of the global rotary heat exchangers market on a regional and global basis

  • Unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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