Global Agriculture Heat Exchanger Market Size By Product (Plate and Tubular), By Application (Farm Buildings, Greenhouse), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Agriculture Heat Exchanger Market Size And Forecast
Agriculture Heat Exchanger Market size is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e., 2022 to 2030.
The Global Agriculture Heat Exchanger Market has witnessed strong growth owing to the increasing demand for heat exchangers across smart and eco-friendly agricultural processes. Also, factors such as the growing adoption of agricultural heat exchangers across greenhouses, growing demand from farm buildings, and the need to observe effective thermal management across livestock areas, amongst others are fueling the growth of the Global Agriculture Heat Exchanger Market over the forecasted period.
Global Agriculture Heat Exchanger Market Definition
Agriculture Heat Exchanger is a heat exchanging device that is used for transferring heat across the agricultural area. The device can be used for cooling as well as healing processes. Agriculture heat exchanger plays a crucial role in thermal management for boosting productivity, quality, and all agricultural processes. The agriculture industry around the world is potentially leaning towards technology-driven, greener, and more efficient solutions and techniques.
Agriculture Heat Exchanger effectively manages the heat to provide a more comfortable environment for plants and livestock. Agricultural processes are carried out with different types of machinery and heavy equipment. Agricultural processes are time-consuming and longer processes; thus, the machinery and equipment can be overheated easily due to longer working hours and heavy-duty. Such devices are generally used to prevent large farming equipment and machinery from overheating. Agriculture Heat Exchangers are of two major types such as plate agriculture heat exchangers and tubular agriculture heat exchangers.
Global Agriculture Heat Exchanger Market Overview
Heat exchangers offer various lucrative benefits in the agricultural processes; thus, the demand for the agricultural heat exchanger is growing around the world. Also, greenhouse farming is growing around the world due to soil erosion, deforestation, damaged quality of soil, and scarcity of quality soil or land. The trend is growing across deserted areas such as the Middle East and other deserts around the world. Perennials, herbs, nursery stock, and some vegetables need the desired temperature and comfortable environment. Agriculture heat exchanger helps in providing thermal management to the plants in the greenhouses.
Think of greenhouses as amazing veggie factories! With the right heating and climate control, they're fantastic for growing all sorts of plants. Greenhouses let farmers, or anyone really, take charge of their plants' environment. They use tricks like artificial heating, lights, a boost of carbon dioxide, and regular watering to really get those plants photosynthesizing like crazy! That artificial lighting keeps the plants growing and thriving even after the sun goes down. Investing in a greenhouse is like giving your plants VIP protection from nasty weather. Plus, you get awesome perks like keeping pests away, growing pesticide-free goodies, gardening year-round, having everything in one spot, and a bunch of other amazing advantages.
With the application of a greenhouse, the users can control and decide what facilities, and the quantity they want to give to the plants including the light that comes, the temperature, the moisture in the air, and the soil types, and manage the space accordingly. Thus, the demand for greenhouse farming or planting is growing, aiding the demand for agricultural heat exchangers across commercial as well as high-end greenhouses.
Okay, so traditional farming? It's a bit rough on the planet, really. We're talking intensive practices that can lead to losing wildlife, polluting our soil and water, and, well, not treating animals very well. All that intense farming can seriously mess up the soil and leave us with water shortages, especially with all those chemical fertilizers being used. That's why sustainable farming has become a big deal! It's all about finding better ways to farm – cutting down on those chemical emissions, bringing the soil back to life, and protecting the local ecosystems. Basically, it's about moving towards more organic, healthy food and farming that's good for us and the Earth. And with more and more people getting clued in about health, healthy food, and how our food is made and farmed, the demand for sustainable farming practices is really taking off.
Therefore, the increasing demand for sustainable farming practices might create future opportunities for the Global Agriculture Heat Exchanger Market to grow over the forecasted period. However, the prices of the raw material used in the manufacturing of heat exchangers are volatile, and thus, fluctuations in their prices might impact the production process as well as the profitability of the key players. Therefore, the volatile raw material prices, fluctuating customs, import-export tariffs, and the rest of the other factors might strangle the growth of the Global Agriculture Heat Exchanger Market.
Global Agriculture Heat Exchanger MarketSegmentation Analysis
The Global Agriculture Heat Exchanger Market is segmented based on Product, Application, and Geography.
Agriculture Heat Exchanger Market, By Product
• Plate• Tubular
Based on Product, the market is further segmented into Plate and Tubular. In 2021, the Plate segment accounted for the largest market share during the forecasted period owing to the growing demand and lucrative benefits of tubular heat exchangers. Plate heat exchangers are more efficient, these are five times more efficient than tubular heat exchangers. Also, this type of heat exchanger uses several layers of flat plates stacked. The layer can create a series of channels for the liquids to flow during thermal management.
Agriculture Heat Exchanger Market, By Application
• Farm buildings• Greenhouse• Other
Think about where heat exchangers are used – it turns out applications in greenhouses are really taking off! We're seeing the market split into farm buildings, greenhouses, and "other" stuff, but greenhouses are the star, growing fast! Why? Because with a greenhouse, you're basically the plant's personal concierge. You get to control everythingthe light, the temperature, how much water it gets, even the soil. You can customize it all. Plus, it's like having a VIP room for your plants – keeps out the nasty insects and pests that can ruin everything. And forget worrying about crazy weather like floods or droughts; you decide exactly how much water your plants need. It's all about total control!
Agriculture Heat Exchanger Market, By Geography
• North America• Europe• Asia Pacific• Latin America• Middle East and Africa
So, when we look at different parts of the world, the market for Agriculture Heat Exchangers breaks down into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Right now, Europe is in the lead. Why? Because there's a big need for Smart Grid Sensors used in livestock areas, fancy greenhouses, and other farm buildings. They're serious about agriculture in Europe, using the latest tech. Think of places like the Netherlands, Spain, and Italy – tons of greenhouses there! Plus, they're working on a bunch of cool, "smart" greenhouse projects. But get thisAsia-Pacific is expected to grow the most in the coming years!
Key Players
The “Global Agriculture Heat Exchanger Market” study report will provide valuable insight with an emphasis on the global market. The major players are Big Dutchman, Canarm AgSystems, DACS, Distribution Avi-Air, Fritz Paulmichl, GGS Structures, ITB Climate, MIK INTERNATIONAL, Boyd Corporation, and Alfa Laval, amongst others, in the Agriculture Heat Exchanger Market. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• In October 2021, Alfa Laval opens a next-generation manufacturing site in San Bonifacio, Italy as part of its Industry 4.0 strategy, for the production of brazed heat exchangers.
• In January 2021, Boyd Corporation opened a new facility in Juarez, Mexico.
• In August 2020, Big Dutchman introduced a new model of successful heat exchanger for Improving bird health, and decreasing dust and odor emissions.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2018-2030
BASE YEAR
2021
FORECAST PERIOD
2022-2030
HISTORICAL PERIOD
2018-2020
KEY COMPANIES PROFILED
Big Dutchman, Canarm AgSystems, DACS, Distribution Avi-Air, Fritz Paulmichl, GGS Structures, ITB Climate, & Others
SEGMENTS COVERED
Product, Application, and Geography.
CUSTOMIZATION SCOPE
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