Middle East & Africa Air Cooled Heat Exchanger Market Size & Outlook

The air cooled heat exchanger market in Middle East & Africa is expected to reach a projected revenue of US$ 516.0 million by 2030. A compound annual growth rate of 5.8% is expected of Middle East & Africa air cooled heat exchanger market from 2025 to 2030.
Revenue, 2024 (US$M)
$373.8
Forecast, 2030 (US$M)
$516.0
CAGR, 2025 - 2030
5.8%
Report Coverage
Middle East & Africa

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Middle East & Africa air cooled heat exchanger market, 2018-2030 (US$M)

Middle East & Africa air cooled heat exchanger market, 2018-2030 (US$M)

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MEA air cooled heat exchanger market highlights

  • The MEA air cooled heat exchanger market generated a revenue of USD 373.8 million in 2024.
  • The market is expected to grow at a CAGR of 5.8% from 2025 to 2030.
  • In terms of segment, forced draft was the largest revenue generating type in 2024.
  • Induced Draft is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.


MEA data book summary

Market revenue in 2024USD 373.8 million
Market revenue in 2030USD 516.0 million
Growth rate5.8% (CAGR from 2025 to 2030)
Largest segmentForced draft
Fastest growing segmentInduced Draft
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationForced Draft, Induced Draft


Other key industry trends

  • In terms of revenue, MEA region accounted for 8.3% of the global air cooled heat exchanger market in 2024.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,082.9 million by 2030.

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Air Cooled Heat Exchanger Market Companies

Name Profile # Employees HQ Website
Boldrocchi View profile 501-1000 Biassono, Lombardia, Italy, Europe https://www.boldrocchigroup.com
SNT Energy View profile 101-250 Seongsan, Kyonggi-do, South Korea, Asia http://www.hisnt.com
Exchanger Industries View profile 251-500 Calgary, Alberta, Canada, North America http://www.exchangerindustries.com/
SPX Cooling Technologies View profile 501-1000 Overland Park, Kansas, United States, North America https://www.spxcooling.com/
Armstrong International View profile 11-50 London, England, United Kingdom, Europe https://www.armstrongint.com
Kawasaki Heavy Industries Ltd View profile 38254 Kobe Crystal Tower, 1-3, Higashikawasaki-cho 1-chome, Chuo-ku, Kobe, Japan, 650-8680 http://www.khi.co.jp
Baker Hughes Co Class A View profile 58000 575 North Dairy Ashford Road, Suite 100, Houston, TX, United States, 77079-1121 https://www.bakerhughes.com
Chart Industries Inc View profile 11637 2200 Airport Industrial Drive, Suite 100, Ball Ground, GA, United States, 30107 https://www.chartindustries.com
Xylem Inc View profile 23000 300 Water Street SE, Washington, DC, United States, 20003 https://www.xylem.com
Alfa Laval AB View profile 21441 Rudeboksvagen 1, P.O. Box 73, Lund, Sweden, SE-221 00 https://www.alfalaval.com

Middle East & Africa air cooled heat exchanger market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to air cooled heat exchanger market will help companies and investors design strategic landscapes.


Forced draft was the largest segment with a revenue share of 60.06% in 2024. Horizon Databook has segmented the Middle East & Africa air cooled heat exchanger market based on forced draft, induced draft covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa air cooled heat exchanger market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa air cooled heat exchanger market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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MEA air cooled heat exchanger market size, by country, 2018-2030 (US$M)

Middle East & Africa Air Cooled Heat Exchanger Market Outlook Share, 2024 & 2030 (US$M)

MEA air cooled heat exchanger market size, by country, 2018-2030 (US$M)

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