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Global Heat Exchanger Market 2015-2019 - Adoption of Energy-efficient Equipment with Alfa Laval, Doosan Heavy Industries and Construction, GEA Group, SPX & Xylem DominatingDUBLIN, Mar. 26, 2015 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/q6f4zt/global_heat) has announced the addition of the "Global Heat Exchanger Market 2015-2019" report to their offering. The analysts forecast the Global Heat Exchanger market to grow at a CAGR of 6.05 percent over the period 2014-2019. Increased adoption of energy-efficient equipment is one of the key trends upcoming in this market. Many industries are adopting high-end, energy-saving heat exchangers to mitigate the loss of revenue causedby the rise in energy costs. According to the report, the increase in industrial operations in developing countries is one of the major drivers of the market. Process and discrete industries are expanding their manufacturing operations in these countries, which in turn is boosting the market growth. Further, the report states that one of the main challenges in this market is strong competition from new entrants into the market. New vendors are offering low-cost products, which makes the pricing more competitive, negatively affecting the profit margins of major players. To calculate the market size, the report considers revenue generated from various product segments:
Key Vendors
Other Prominent Vendors
For more information visit http://www.researchandmarkets.com/research/q6f4zt/global_heat Media Contact: Laura Wood , +353-1-481-1716, [email protected] To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-heat-exchanger-market-2015-2019---adoption-of-energy-efficient-equipment-with-alfa-laval-doosan-heavy-industries-and-construction-gea-group-spx--xylem-dominating-300057707.html SOURCE Research and Markets |