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Global Microchannel Heat Exchanger Market: By Type: Condenser, Evaporator, Water Coil; By Application: Automotive, HVAC, Commercial Refrigeration, Others; By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa; Historical Supply and Demand (2015-2019); Supply and Demand Forecast (2020-2025); SWOT Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Events and Developments

Global Microchannel Heat Exchanger Market Key Insights:


  • Market Overview
  • Market Opportunities
  • Breakup by Regions
  • Historical (2015-2019) and Forecast (2020-2025) Market Size
  • Competitive Landscape
  • SWOT Analysis
  • Breakup by Type
  • Events and Developments
  • Market Indicators


Market Outlook

The global microchannel heat exchanger market size is expected to achieve USD 24 billion by 2025, growing at a CAGR of 13.4% between 2020 and 2025. The microchannel heat exchanger market is being driven by the growing automotive industry due to an increase in automotive manufacturing, globally.

The Asia Pacific is the leading regional market in the industry. India and China, especially, account for a significant proportion of the industry in the Asia Pacific region. The microchannel heat exchanger industry in the two countries is being driven by their robust automotive industry. The rapidly growing economies of the countries are also aiding the industry growth. The industry is also expected to see a healthy growth in Japan and South Korea driven by the rising production of automobiles in these countries.

Properties and Applications

The microchannel heat exchanger industry can be divided on the basis of segments like type and application. The industry can be broadly categorised according to its application segments into:

  • Automotive
  • HVAC
    • Residential AC
    • Commercial AC
    • Precision Cooling
  • Commercial Refrigeration
    • Stationary Refrigeration
    • Transport Refrigeration
    • Cold Storage
  • Others

Condenser, evaporator, and water coil are the common types of microchannel heat exchanger, with condenser being the leading type. The EMR report looks into the regional markets of microchannel heat exchanger like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific regions.

Market Analysis

The microchannel heat exchanger industry is being driven by the rising energy efficiency regulations and stringent emission standards across the globe. The industry is also finding impetus for its growth in the increasing demand for lightweight electronic appliances. The high demand for the product in the growing HVAC industry is also driving the industry. HVAC is expected to be the leading application sector for microchannel heat exchanger. The product is finding rising use in HVAC products like air conditioners and in heat pumps in refrigerators.  Water coil and condenser types of the product are projected to witness a robust growth in the coming years.

Competitive Landscape

The report presents a detailed analysis of the following key players in the global microchannel heat exchanger market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Sanhua Holding Group Co.
  • MAHLE GmbH
  • Modine Manufacturing Company
  • API Heat Transfer Inc. 
  • Climetal S.L.
  • Danfoss Industries Pvt. Ltd. 
  • Kaltra Innovativtechnik GmbH

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.

Key Questions Answered in the Report:

  • How has the global microchannel heat exchanger industry performed in the previous years (2015-2019)?
  • What is the forecasted assessment of the industry for 2020-2025?
  • What are the major drivers in the historical (2015-2019) and forecast (2020-2025) periods?
  • What are the major constraints in the historical (2015-2019) and forecast (2020-2025) periods?
  • What are the major demand indicators of the global industry?
  • What are the key manufacturers of condenser, evaporator, and water coil microchannel heat exchangers in the global industry?
  • What is the degree of competition in the global microchannel heat exchanger industry?
  • What are the major events and developments taking place within the global industry?

1    Preface
    1.1    Objectives of the Study
    1.2    Key findings of the Study
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Inference Data 
3    Executive Summary 
    3.1    Market Overview
    3.2    Market Analysis
4    Global Microchannel Heat Exchanger Market Analysis
    4.1    Global Microchannel Heat Exchanger Market (2015-2019) & Forecast (2020-2025)
    4.2    Global Microchannel Heat Exchanger Market Breakup by Type
        4.2.1    Condenser
        4.2.2    Evaporator
        4.2.3    Water Coil
    4.3    Global Microchannel Heat Exchanger Market Breakup by Type: Historical Market (2015-2019) & Forecast (2020-2025)
        4.3.1    Condenser
        4.3.2    Evaporator
        4.3.3    Water Coil 
    4.4    Global Microchannel Heat Exchanger Market Breakup by Application
        4.4.1    Automotive
        4.4.2    HVAC
      Residential AC
      Commercial AC
      Precision Cooling
        4.4.3    Commercial Refrigeration
      Stationary Refrigeration
      Transport Refrigeration
      Cold Storage
        4.4.4    Others
    4.5    Global Microchannel Heat Exchanger Market Breakup by Application: Historical Market (2015-2019) & Forecast (2020-2025)
        4.5.1    Automotive
        4.5.2    HVAC
      Residential AC
      Commercial AC
      Precision Cooling
        4.5.3    Commercial Refrigeration
      Stationary Refrigeration
      Transport Refrigeration
      Cold Storage
        4.5.4    Others 
    4.6    Global Microchannel Heat Exchanger Market Breakup by Region
        4.6.1    North America
      United States of America
        4.6.2    Europe
      United Kingdom
        4.6.3    Asia Pacific
        4.6.4    Latin America
        4.6.5    Middle East & Africa
      Saudi Arabia
      United Arab Emirates
      South Africa
    4.7     Global Microchannel Heat Exchanger Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
        4.7.1    North America
      United States of America
        4.7.2    Europe
      United Kingdom
        4.7.3    Asia Pacific
        4.7.4    Latin America
        4.7.5    Middle East & Africa
      Saudi Arabia
      United Arab Emirates
      South Africa
5    SWOT Analysis
    5.1    Overview
    5.2    Strengths
    5.3    Weaknesses
    5.4    Opportunities
    5.5    Threats
6    Porter’s Five Forces Analysis
    6.1    Overview
    6.2    Buyer’s Power
    6.3    Supplier’s Power
    6.4    New Entrants
    6.5    Degree of Rivalry
    6.6    Substitutes
7    Competitive Landscape & Supplier Analysis
    7.1    Sanhua Holding Group Co.
    7.2    MAHLE GmbH
    7.3    Modine Manufacturing Company
    7.4    API Heat Transfer Inc. 
    7.5    Climetal S.L.
    7.6    Danfoss Industries Pvt. Ltd. 
    7.7    Kaltra Innovativtechnik GmbH
8    Events and Developments

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