熱交換器のインド市場の評価：タイプ別、最終用途産業別、地域別、機会、予測（2018年度～2032年度）

インドの熱交換器の市場規模は、2024年度の9億4,000万米ドルから2032年度に18億7,000万米ドルに達すると予測され、2025年度～2032年度の予測期間にCAGRで8.95％の成長が見込まれます。熱交換器は、流体を直接接触させることなく、ある流体から別の流体へ熱を移動させるように設計されています。この機器は、暖房、換気、空調（HVAC）、冷蔵とともに、工業、商業、住宅部門で幅広く使用されており、効率的な流体または空気の加熱、冷却を提供します。

急速な工業化とエネルギー効率の高い機器へのニーズの高まりが、石油・ガス、化学処理、HVACなどの主要産業からの支援を受けて熱交換器の成長を促進しています。さらに、政府はより環境にやさしい経済を育成するための、より優れたエネルギー効率基準の導入に熱心であるため、熱交換器の設計において持続可能性と技術的進歩に焦点が当てられており、このことが革新的な熱交換器システムの需要を高め、市場全体の成長を促進します。

インド政府は、従来のエネルギー源と再生可能エネルギー源の両方を含む発電インフラの拡大に多額の投資を行っています。この拡大には、既存の火力発電所のアップグレードや新しい施設の建設が含まれ、熱交換器はこれらのシステムに不可欠なコンポーネントであり、効率の向上と排出の削減を可能にし、政府の持続可能性目標を支えます。

例えば2024年、HRS Process Systems Ltd.は、AIA Industrial Expo 2024で、ECOFLUX Corrugated TubeやECOFLUX Smooth Tube Heat Exchangerを含む、革新的でエネルギー効率の高い熱交換器製品を公開しました。これらの製品は、化学・石油化学、発電などの産業の進化するニーズに対応するよう設計されています。この展開により、エンドユーザー企業が新製品を知ることができ、プロセスの効率化に役立つ可能性があります。

当レポートでは、インドの熱交換器市場について調査分析し、市場規模と予測、市場力学、主要企業の情勢などを提供しています。

目次

第1章 プロジェクトの範囲と定義

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 顧客の声

• 製品と市場情報
• 購入決定において考慮される要素
  • 動作仕様
  • 熱伝導率と効率
  • 利用要件
  • 掃除のしやすさ
  • アフターサポート

第5章 インドの熱交換器市場の見通し（2018年度～2032年度）

• 市場規模の分析と予測
  • 金額
• 市場シェアの分析と予測
  • タイプ別
  • 最終用途産業別
  • 地域別
  • 市場シェア分析：企業別（金額）（上位5社とその他 - 2024年度）
• 市場マップ分析（2024年度）
  • タイプ別
  • 最終用途産業別
  • 地域別

第6章 ポーターのファイブフォース分析

第7章 PESTLE分析

第8章 市場力学

• 市場促進要因
• 市場の課題

第9章 市場の動向と発展

第10章 競合情勢

• マーケットリーダー上位5社の競合マトリクス
• 上位5社のSWOT分析
• 主要企業上位10社の情勢
  • Alfa Laval India Private Limited
  • Danfoss Industries Private Limited
  • Heatex Industries Ltd
  • Kelvion Private Limited
  • Tranter India Private Limited
  • HRS Process Systems Limited
  • Universal Heat Exchangers Limited
  • Radiant Heat Exchanger Private Limited
  • Thermax Limited
  • GEA Process Engineering (India) Pvt. Ltd

第11章 戦略的推奨

第12章 当社について、免責事項

List of Tables

• Table 1. Pricing Analysis of Products from Key Players
• Table 2. Competition Matrix of Top 5 Market Leaders
• Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. India Heat Exchangers Market, By Value, In USD Billion, FY2018-FY2032F
• Figure 2. India Heat Exchangers Market Share (%), By Type, FY2018-FY2032F
• Figure 3. India Heat Exchangers Market Share (%), By End-use Industry, FY2018-FY2032F
• Figure 4. India Heat Exchangers Market Share (%), By Region, FY2018-FY2032F
• Figure 5. By Type Map-Market Size (USD Billion) & Growth Rate (%), FY2024
• Figure 6. By End-use Industry Map-Market Size (USD Billion) & Growth Rate (%), FY2024
• Figure 7. By Region Map-Market Size (USD Billion) & Growth Rate (%), FY2024

India heat exchangers market is projected to witness a CAGR of 8.95% during the forecast period FY2025-FY2032, growing from USD 0.94 billion in FY2024 to USD 1.87 billion in FY2032. Heat exchangers are designed to transfer heat from one fluid to another without direct fluid contact. The equipment is extensively used across industrial, commercial, and residential sectors, along with heating, ventilation, air conditioning (HVAC) and refrigeration, providing efficient fluid or air heating or cooling.

The rapid industrialization and the growing need for energy-efficient equipment are driving the growth of heat exchangers with support from key industries such as oil and gas, chemical processing, and HVAC. Moreover, there is a focus on sustainability and technological advancements in heat exchanger design as the government is keen to implement better energy efficiency standards to foster a greener economy, which will enhance the demand for innovative heat exchanger systems and foster overall market growth.

The Indian government is heavily investing in expanding its power generation infrastructure, including both conventional and renewable energy sources. This expansion includes upgrading existing thermal plants and building new facilities where heat exchangers are essential components in these systems, allowing for improved efficiency and reduced emissions, thus supporting the government's sustainability goals.

For instance, in 2024, HRS Process Systems Ltd. showcased its innovative and energy-efficient range of heat exchangers, including ECOFLUX Corrugated Tube and ECOFLUX Smooth Tube Heat Exchangers, at the AIA Industrial Expo 2024. These products are designed to meet the evolving needs of industries such as chemical and petrochemical, and power generation. This development helps the end-user company to know about the new product, which could help to increase the efficiency of the processes.

Industrialization and Urbanization to Fuel Market Growth

India's heat exchanger market is rapidly growing, driven by the country's expansion of its industrial base across sectors such as chemical, oil and gas, power generation, and HVAC. With the growth in the industrial sector, the demand for efficient heat transfer equipment is on the rise, leading to significant investments in manufacturing facilities where heat exchangers play a key role in boosting process efficiency and conserving energy. Additionally, the demand for energy-efficient systems across residential, commercial, and industrial sectors is expected to rise as India continues to urbanize. The shift toward urban living will create a need for reliable HVAC systems, highlighting the importance of sustainable and efficient energy use, increasing the demand for advanced heat exchangers across various applications. Together, these factors are contributing to a robust market for heat exchangers in India.

For instance, in February 2024, Danfoss India (Danfoss A/S) launched a new innovative Microchannel Heat Exchanger (MCHE) design for the evaporator side heat exchanger. This heat exchanger will enhance the efficiency and performance of the HVAC systems. The company displayed the technology at ACREX India 2024. In line with the industry's ESG pledges, the MCHE technology dramatically lowers refrigerant consumption by up to 60% and improves efficiency by 30%.

Adoption of Energy Efficiency and Technological Equipment to Foster Market Size

Energy efficiency and technological development are fueling growth for the India heat exchangers market. Industries are looking for energy conservation equipment that helps to reduce operational costs for achieving sustainability objectives, showcasing a more widespread dedication to attaining environmental goals. The Bureau of Energy Efficiency (BEE) plays a crucial role in promoting energy efficiency in different sectors by implementing various programs.

For instance, in 2023, the BEE updated guidelines for the Perform, Achieve and Trade (PAT) scheme, which promotes reducing energy consumption in industries by adopting energy-efficient technologies such as advanced heat exchangers. The development will help the company to grow in the heat exchangers market in the coming years.

Furthermore, innovations in heat exchangers' designs, such as compact setups and improved heat transfer techniques, are significantly enhancing the performance and efficiency of the equipment. The introduction of new materials and designs in heat exchangers will allow industries to optimize production processes efficiently and improve thermal management capacity. The advancements related to design and material are transforming the heat exchangers industry and increasing the importance of heat exchangers within India's industrial sector.

For instance, in March 2022, Alfa Laval launched the new cutting-edge gasketed plate heat exchanger TS45, which caters to a wider range of applications and industries. It is the most modern gasket plate heat exchanger, designed to improve performance. This development will help the company increase revenue and customer base.

Shell and Tubes Heat Exchangers to Dominate Market Share

Shell and tube heat exchangers dominate the share of India heat exchange market due to their ability to perform under extreme conditions and temperatures. This durability factor makes the equipment a crucial component in various industries, such as the refining and petrochemicals sector, where shell and tube heat exchangers are essential due to their ability to withstand pressures exceeding 300 bar and temperatures up to 400 degrees Celsius. This ability makes the equipment ideal for the oil and gas sector. Shell and tube heat exchangers provide efficient heat transfer in power plant facilities, especially for thermal and nuclear sectors, which is important for performance and safety measures. The robust design of equipment ensures reliable operations under extreme conditions, which drives the demand for heat exchanges in the market. Similarly, chemical manufacturing plants employ heat exchangers, which enhance overall efficiency in various chemical processes.

For instance, in December 2022, TEMA India continues to enhance its shell and tube heat exchanger offerings with unique features such as the Added Steel Screw Plug, which helps reduce costs while improving efficiency. Their products are tailored for various industrial applications, including power generation and refrigeration, highlighting their adaptability to meet specific project needs.

West and Central Region to Dominate India Heat Exchangers Market Share

The west and central regions dominate the share of the heat exchangers market. Western India has many industries, including oil and gas, chemical processing, and power generation. The sectors in the region drive the demand for efficient heat transfer solutions, as heat exchangers are essential for various processes such as heating, cooling, and waste heat recovery. The region is experiencing rapid industrial growth, which drives the demand for heat exchangers in various industrial processes and HVAC applications. The heat exchanger technology aligns with the government initiatives that enhance efficiency and sustainable practice. Additionally, the chemicals sector, particularly in the west and central regions, is projected to capture a substantial proportion of the market. The increasing focus on specialty chemicals and the considerable investment in oil and gas projects have surged the demand for heat exchangers.

For instance, in December 2023, Alleima launched a new heat exchanger facility in Mehsana, Gujarat, aimed at producing advanced alloys in heat exchanger tubing to meet rising demand in India's chemicals and petrochemicals and other industrial segments. This facility will serve as a production base for exports to other Asian markets.

Future Market Scenario (FY2025 - FY2032F)

Indian companies are increasingly focusing on sustainability and reducing greenhouse gas emissions, driving a growing trend toward the adoption of heat exchangers in the coming years.

Rapid Industrialization across various sectors, such as oil and gas, chemical processing, and power generation, is expanding. Therefore, the demand for efficient heat transfer devices will be expected to surge.

Government initiatives aim to enhance energy efficiency and sustainability that will drive industries to adopt advanced heat exchanger technologies.

Government investments in infrastructure will further propel the demand for reliable HVAC systems, which will foster the demand for heat exchangers.

Key Players Landscape and Outlook

Continuous innovation is a key feature of India heat exchanger market, with companies striving to excel in energy efficiency and environmental goals. The market outlook remains optimistic, driven by increasing industrialization, a growing demand for high-pressure heat exchangers, and government sustainability initiatives. Manufacturers in the heat exchanger industry are focused on regulatory compliance and technological advancements, factors that are likely to shape the industry's future. The rise in industrialization and emerging technologies is expected to intensify competition in this rapidly evolving market.

For instance, in March 2023, Alfa Laval launched the AlfaNova GL50 cutting-edge heat exchanger designed for fuel cell systems. This product is pivotal in transitioning towards cleaner energy by effectively harnessing energy from hydrogen and its derivatives, such as ammonia and methane. This launch supports India's commitment to decarbonization.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

• 4.1. Product and Market Intelligence
• 4.2. Factors Considered in Purchase Decisions
  • 4.2.1. Operating Specification
  • 4.2.2. Thermal Conductivity and Efficiency
  • 4.2.3. Application Requirement
  • 4.2.4. Ease of Cleaning
  • 4.2.5. After Sales Support

5. India Heat Exchangers Market Outlook, FY2018-FY2032F

• 5.1. Market Size Analysis & Forecast
  • 5.1.1. By Value
• 5.2. Market Share Analysis & Forecast
  • 5.2.1. By Type
    • 5.2.1.1. Shell and Tubes
    • 5.2.1.2. Plate and Frame
    • 5.2.1.3. Air Cooled
    • 5.2.1.4. Others
  • 5.2.2. By End-use Industry
    • 5.2.2.1. Chemicals and Petrochemicals
    • 5.2.2.2. Oil and Gas
    • 5.2.2.3. Power Industry
    • 5.2.2.4. HVAC
    • 5.2.2.5. Food and Beverage
    • 5.2.2.6. Others
  • 5.2.3. By Region
    • 5.2.3.1. North
    • 5.2.3.2. South
    • 5.2.3.3. East
    • 5.2.3.4. West and Central
  • 5.2.4. By Company Market Share Analysis (Top 5 Companies and Others - By Value, FY2024)
• 5.3. Market Map Analysis, FY2024
  • 5.3.1. By Type
  • 5.3.2. By End-use Industry
  • 5.3.3. By Region

All segments will be provided for all regions covered

6. Porter's Five Forces Analysis

7. PESTLE Analysis

8. Market Dynamics

• 8.1. Market Drivers
• 8.2. Market Challenges

9. Market Trends and Developments

10. Competitive Landscape

• 10.1. Competition Matrix of Top 5 Market Leaders
• 10.2. SWOT Analysis for Top 5 Players
• 10.3. Key Players Landscape for Top 10 Market Players
  • 10.3.1. Alfa Laval India Private Limited
    • 10.3.1.1. Company Details
    • 10.3.1.2. Key Management Personnel
    • 10.3.1.3. Products and Services
    • 10.3.1.4. Financials (As Reported)
    • 10.3.1.5. Key Market Focus and Geographical Presence
    • 10.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 10.3.2. Danfoss Industries Private Limited
  • 10.3.3. Heatex Industries Ltd
  • 10.3.4. Kelvion Private Limited
  • 10.3.5. Tranter India Private Limited
  • 10.3.6. HRS Process Systems Limited
  • 10.3.7. Universal Heat Exchangers Limited
  • 10.3.8. Radiant Heat Exchanger Private Limited
  • 10.3.9. Thermax Limited
  • 10.3.10. GEA Process Engineering (India) Pvt. Ltd

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

11. Strategic Recommendations

12. About Us and Disclaimer