MCHE is majorly used as condensers in HVAC, commercial refrigeration, and automotive applications for air conditioning. MCHE is efficient, require less refrigerant charge volume, and has better heat transfer rate as compared to its substitute products, namely, fin & tube and plate & fin heat exchangers.
This report contains market size and forecasts of Microchannel Heat Exchanger in global, including the following market information:
Global Microchannel Heat Exchanger Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Microchannel Heat Exchanger Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Microchannel Heat Exchanger companies in 2021 (%)
The global Microchannel Heat Exchanger market was valued at 10140 million in 2021 and is projected to reach US$ 16370 million by 2028, at a CAGR of 7.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Condenser Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Microchannel Heat Exchanger include Sanhua (China), MAHLE (Germany), Denso Corporation (Japan), Modine (US), Hanon Systems (South Korea), Kangsheng Group (China), Kaltra (Deutschland), Climetal (Spain) and Danfoss (Denmark), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Microchannel Heat Exchanger manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Microchannel Heat Exchanger Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Microchannel Heat Exchanger Market Segment Percentages, by Type, 2021 (%)
Condenser
Evaporator
Water Coil
Global Microchannel Heat Exchanger Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Microchannel Heat Exchanger Market Segment Percentages, by Application, 2021 (%)
Automotive
HVAC
Commercial Refrigeration
Global Microchannel Heat Exchanger Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Microchannel Heat Exchanger Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Microchannel Heat Exchanger revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Microchannel Heat Exchanger revenues share in global market, 2021 (%)
Key companies Microchannel Heat Exchanger sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Microchannel Heat Exchanger sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Sanhua (China)
MAHLE (Germany)
Denso Corporation (Japan)
Modine (US)
Hanon Systems (South Korea)
Kangsheng Group (China)
Kaltra (Deutschland)
Climetal (Spain)
Danfoss (Denmark)
API Heat Transfer (US)
Sierra (US)