Microchannel Heat Exchanger Market is valued approximately at USD 10 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 13% over the forecast period 2019-2026.

The microchannel heat exchanger also known as micro structured heat exchanger are heat exchangers that contain three parts namely, fins, multi-port tubes below 1 mm hydraulic diameter, and manifolds. These devices are ideal for use in commercial and residential air-cooling system and in refrigeration equipment. Micro channel heat exchanger has advantages over other substitutes (Fin& tube, Plate & fin) such as compact design, light weight and high cooling capacity. Thus, MCHEs are highly efficient with the refrigerant flowing. Growing energy efficiency regulations coupled with stringent emission standards are key driving forces of market.

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Further, growing demand for MCHE from the HVAC (Heating, Ventilation and Air Conditioning) industry is also contributing towards market growth. For instance as per International Energy Agency, global stock of air conditioners in building was estimated about 1.6 billion in 2018 that is estimated to reach about 5.6 billion by 2050. Further, use of thermal management systems in EVs is expected to create significant growth opportunity in the market over the forecast period. However, volatility of raw material prices is expected to restrain the market growth over the forecast period.

The regional analysis of global Microchannel Heat Exchanger market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is expected to hold significant position in terms of market share due to the up surging manufacturing industry coupled with rapid automation. Whereas, Asia-Pacific is also projected to show high growth rate / CAGR over the forecast period 2019-2026. Factors such as increasing urbanization, population coupled with growing automotive industry is expected to create significant growth prospects for the Microchannel Heat Exchanger market across Asia-Pacific region over the forecast period.

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Major market player included in this report are: Sanhua Hanon Systems MAHLE Modine Denso Corporation API Heat Transfer Climetal Danfoss Kaltra Kangsheng Group

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.

Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

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The detailed segments and sub-segment of the market are explained below: By Type: Condenser Evaporator Water Coil By Application: Automotive HVAC Commercial Refrigeration Other By Region: North America U.S. Canada Europe UK Germany Asia Pacific China India Japan Latin America Brazil Mexico Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017 Base year – 2018 Forecast period – 2019 to 2026

Target Audience of the Global Microchannel Heat Exchanger Market in Market Study:

Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalists Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers

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What is the aim of the report?

Based on various indicators, the Year-on-Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered. An overview of the Market based on geographical scope, market segmentation and financial performance of key players is presented in the report. The report presents current trends in the industry and future scope of the Market in North America, Asia Pacific, Europe, Latin America and Middle East and Africa. The various parameters accelerating the growth of Market are incorporated in the research report. The report analyses growth rate, market size and valuation of the Market during the forecast period.

What aspects regarding the regional analysis Market are included in this report?

Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East and Africa region. The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption. The growth rate of the market in every region, including their countries over the forecast period is included in the market report. Based on what factors are the key market players assessed in this report? The report offers detailed analysis of leading companies in the market across the globe. It provides details of the major vendors involved in the Market including Key Players A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and the manufactured products is incorporated in the report. The facts and figures about market competitors along with standpoints of leading market players are presented in the report. The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

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What is the key information extracted from the report?

Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report. The report offers the present scenario and future growth prospects Market in various geographical regions. The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered. The SWOT analysis is conducted along with Porter’s Five Force analysis. The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.

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