Connect with us

Technology

Plate And Frame Heat Exchangers Market size is set to grow by USD 1.42 billion from 2024-2028, rising demand for plate and frame heat exchangers from end-users to boost the market growth, Technavio

Published

on

NEW YORK, June 19, 2024 /PRNewswire/ — The global plate and frame heat exchangers market  size is estimated to grow by USD 1.42 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  4.36%  during the forecast period.  Rising demand for plate and frame heat exchangers from end-users is driving market growth, with a trend towards expansion and addition of new manufacturing capacities. However, fouling of heat exchangers  poses a challenge. Key market players include Advanced Industrial Components Inc., Alfa Laval AB, American Plate Exchanger, API Heat Transfer Inc., Avingtrans plc, Baffles cooling systems, Danfoss AS, Dover Corp., FISCHER Maschinen u. Apparatebau GmbH, FUNKE Warmeaustauscher Apparatebau GmbH, Hisaka Works Ltd., ITT Inc., Kelvion Holding GmbH, Paul Mueller Co. Inc., Process Engineers And Associates, S.A. Armstrong Ltd., SPX FLOW Inc., Taco Comfort Solutions, Thermaline Inc., and Xylem Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (Chemical, Power, HVAC, Refrigeration, and Oil and gas and others), Type (Gasketed, Welded, and Brazed), and Geography (Europe, North America, APAC, Middle East and Africa, and South America)

Region Covered

Europe, North America, APAC, Middle East and Africa, and South America

Key companies profiled

Advanced Industrial Components Inc., Alfa Laval AB, American Plate Exchanger, API Heat Transfer Inc., Avingtrans plc, Baffles cooling systems, Danfoss AS, Dover Corp., FISCHER Maschinen u. Apparatebau GmbH, FUNKE Warmeaustauscher Apparatebau GmbH, Hisaka Works Ltd., ITT Inc., Kelvion Holding GmbH, Paul Mueller Co. Inc., Process Engineers And Associates, S.A. Armstrong Ltd., SPX FLOW Inc., Taco Comfort Solutions, Thermaline Inc., and Xylem Inc.

Key Market Trends Fueling Growth

The Plate and Frame Heat Exchangers Market witnesses organic growth strategies from key vendors. Through tactics like SEO, content marketing, social media engagement, and email campaigns, they build brand awareness, engage leads, and foster long-term customer relationships. Alfa Laval’s April 2024 expansion of their production line for printed circuit heat exchangers is an example. These strategies promote trust, credibility, and market growth during the forecast period. 

The Plate and Frame Heat Exchanger market is experiencing significant growth due to the increasing demand for efficient and cost-effective heat transfer solutions. These exchangers are widely used in various industries such as power generation, refining, and manufacturing. The use of renewable energy sources and the shift towards cleaner technologies are driving the market. The market is also witnessing advancements in materials and designs, leading to higher performance and longer service life. Additionally, the growing trend towards energy conservation and sustainability is further boosting the market. Overall, the Plate and Frame Heat Exchanger market is expected to continue its strong growth trajectory in the coming years. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

Plate and frame heat exchangers face significant challenges with maintenance and cleaning due to fouling. Fouling is the accumulation of unwanted deposits on heat transfer surfaces, reducing efficiency and increasing pressure drop. Reasons for fouling include crystallization, particulate matter, biological growth, and chemical reactions. Corrosion from reactive fluids can also contribute to fouling. Inefficient heat exchangers may lead to production cost increases, potential shutdowns, and early metal replacement, resulting in additional expenses for operators. These high maintenance costs may hinder the growth of the global plate and frame heat exchangers market.The Plate and Frame Heat Exchanger market faces several challenges. One key challenge is the increasing demand for energy-efficient and cost-effective solutions. This requires continuous research and development to improve the design and performance of these heat exchangers. Another challenge is the need to comply with stringent regulations regarding safety and environmental impact. Procurement of materials and components also poses a challenge due to the complexity of the system and the need for high-quality and durable parts. Additionally, the market is highly competitive, with numerous players vying for market share. This necessitates a focus on innovation, customer service, and cost competitiveness to remain competitive. Finally, the global nature of the market adds complexity, with varying regulations and market conditions in different regions.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This plate and frame heat exchangers market report extensively covers market segmentation by

End-user 1.1 Chemical1.2 Power1.3 HVAC1.4 Refrigeration1.5 Oil and gas and othersType 2.1 Gasketed2.2 Welded2.3 BrazedGeography 3.1 Europe3.2 North America3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Chemical-  The Plate and Frame Heat Exchanger market is thriving due to its efficiency in heat transfer applications. These exchangers offer cost-effective solutions for various industries, including food and beverage, pharmaceuticals, and chemicals. Their modular design allows for easy maintenance and flexibility in operation. The market is expected to grow steadily, driven by increasing demand for energy savings and improved process efficiency.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Plate and Frame Heat Exchanger market is experiencing significant growth due to the increasing focus on energy efficiency and versatility in various industries. Urbanization and the expansion of commercial buildings in developing economies are driving the demand for these heat exchangers in HVAC systems and commercial refrigeration. Heat recovery technologies, used extensively in HVACR applications, are a key area of application for plate and frame heat exchangers. Compact designs of these exchangers are ideal for residential AC units and industrial activities, making them essential engineering applications for heating, ventilation, and air conditioning. Environmental regulations and the shift towards sustainable energy infrastructure are also contributing to the market’s growth. The nuclear power sector and other energy infrastructure projects are significant consumers of plate and frame heat exchangers due to their high thermal efficiency.

Market Research Overview

The Plate and Frame Heat Exchanger market encompasses the production, sales, and installation of these heat transfer solutions. These exchangers utilize thin plates and frames to facilitate efficient heat transfer between two fluids without direct contact. They are widely used in various industries such as oil and gas, power generation, and chemical processing. The market is driven by factors like increasing energy efficiency requirements, rising demand for thermal energy, and advancements in materials and technologies. Plate and Frame Heat Exchangers offer benefits like high heat transfer rates, easy maintenance, and flexibility in design. Applications include cooling, heating, and vaporization processes. The market is expected to grow significantly due to the increasing demand for sustainable energy solutions and the need for cost-effective heat transfer systems.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userChemicalPowerHVACRefrigerationOil And Gas And OthersTypeGasketedWeldedBrazedGeographyEuropeNorth AmericaAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/plate-and-frame-heat-exchangers-market-size-is-set-to-grow-by-usd-1-42-billion-from-2024-2028–rising-demand-for-plate-and-frame-heat-exchangers-from-end-users-to-boost-the-market-growth-technavio-302176410.html

SOURCE Technavio

Continue Reading

Technology

Moonello Shifts Focus to AI and Software Engineering, Introduces Four Fixed-Fee Services

Published

on

By

Novi, Michigan-based Moonello shifts entirely to AI and software engineering, introducing four defined services for mid-market companies with publicly available starting prices.

NOVI, Mich., Oct. 29, 2026 /PRNewswire-PRWeb/ — Moonello, an award-winning software engineering firm based in Novi, Michigan, today announced a strategic shift toward AI and software engineering for mid-market companies, ending its marketing services offering and introducing four defined engineering engagements with publicly available starting prices.

“Companies have more ways than ever to build software, especially with AI. But getting something built and making sure it’s secure, reliable, and ready to run a business are two very different things.” — Matt Trueblood, President and Founder, Moonello

Moonello says this shift in focus responds to problems it sees across mid-market companies. Many still run on legacy systems that can’t connect to modern AI tools. Employees paste company data into public AI tools to move faster. And internal tools, often built quickly and sometimes with AI coding tools, end up running quoting, scheduling, or operations without monitoring, tested backups, or anyone outside the builder reviewing them.

Moonello now offers four services, each priced at a flat fee agreed before work begins, with starting prices published on its website:

Legacy System Modernization replaces aging enterprise resource planning (ERP) and other legacy systems one function at a time while the old system keeps running. It starts with a $7,500 roadmap, and most build phases cost $25,000 to $60,000.Internal Build Audit is an outside review of software a company built for itself, including tools built with AI, across security, architecture and code quality, operations and reliability, business continuity, and AI integration risk. Single-module audits take about two weeks and start at $3,500.Private AI Systems puts a private AI assistant in the client’s own cloud account, connected to its documents and ERP, with no company data used to train outside models. A pilot costs $15,000; the full production system costs $75,000 and takes 90 days.Production Hardening makes Moonello the engineering team behind software built by a client’s own staff or by another vendor, covering security, monitoring, backups, and documentation. Stabilization sprints start at $10,000, and ongoing retainers start at $2,500 a month.

“Companies have more ways than ever to build software, especially with AI. But getting something built and making sure it’s secure, reliable, and ready to run a business are two very different things,” said Matt Trueblood, president and founder of Moonello. “That’s where we’re putting our focus. And we’re publishing our prices because businesses should be able to understand what an engagement costs before they ever pick up the phone.”

Moonello’s work includes the operations platform for a national telecom inspection company. Moonello built the platform with them from the ground up and has operated it since launch; it runs the company’s nationwide crew scheduling, dispatch, job tracking, and field reporting. The company has grown roughly tenfold since the platform was launched.

For a Michigan restaurant equipment installation and service company, Moonello developed a Retrieval-Augmented Generation (RAG) system that makes decades of operational data accessible through natural-language questions. Information that previously took days to retrieve can now be accessed in seconds. Moonello is also building a modern ERP platform for the company, integrating the AI system into its broader operations.

For a large Michigan nonprofit, Moonello is modernizing a resource database built on 25-year-old technology and developing a new CRM and call-intake platform. The system will incorporate AI-assisted capabilities to help call-center staff identify relevant community resources based on callers’ needs, improving how the organization connects Southeast Michigan residents with assistance.

Moonello builds and deploys secure software on infrastructure controlled by its clients, with its Michigan-based team performing all of the engineering.

Clients own the custom software developed for them, without ongoing licensing fees paid to Moonello for that software. Cloud infrastructure, third-party services, and ongoing support are handled separately.

Each service can be purchased independently. Audit fees can be credited toward a modernization roadmap or hardening sprint; modernization roadmap fees apply toward the first build phase, and private AI pilot fees are credited in full toward production deployment. Service details and starting prices are available at www.moonello.com.

About Moonello

Founded in 2018, Moonello is a software engineering firm based in Novi, Michigan. It helps mid-market companies modernize legacy systems and ERPs, deploy private AI on their own infrastructure, and audit and harden the software they depend on. Each engagement is priced at a flat fee before work begins, with starting prices published at www.moonello.com.

Media Contact

Matt Trueblood, Moonello LLC, 1 2482647014, matt@moonello.com, https://www.moonello.com

View original content to download multimedia:https://www.prweb.com/releases/moonello-shifts-focus-to-ai-and-software-engineering-introduces-four-fixed-fee-services-302923829.html

SOURCE Moonello LLC

Continue Reading

Technology

United Premier Soccer League Names Corgi Insurance Its Official Insurance Partner

Published

on

By

The partnership provides comprehensive insurance coverage to more than 900 Member Clubs and 37,000 registered participants nationwide.

SAN FRANCISCO, Oct. 29, 2026 /PRNewswire/ — Corgi Insurance, an AI-native insurance carrier and financial infrastructure company, announced a three-year partnership with the United Premier Soccer League (UPSL), naming Golden by Corgi the league’s official insurance and protection partner.

Effective September 30, 2026, the partnership provides insurance coverage for the UPSL, its more than 900 Member Clubs, and approximately 37,000 registered players, coaches, and officials across sanctioned competitions nationwide.

Through Golden, Corgi is bringing its integrated insurance infrastructure to one of the largest club soccer leagues in the United States, simplifying how organizations obtain coverage, manage risk, and handle claims.

Beyond insurance coverage, the partnership is designed to simplify the administrative processes that clubs and league officials navigate throughout the season.

Member Clubs will also have access to the Golden Standard, a safety and risk management resource hub providing expert-backed guidance to help organizations maintain safer playing environments.

“UPSL is one of the largest club soccer platforms in the country, and it deserves a program built for how it actually operates,” said Mike T. Brown, Executive Partner at Golden by Corgi. “As a full-stack carrier, we do better when the sport stays safe, so we are with UPSL and its clubs all year, not just at renewal.”

The UPSL partnership is the latest in a series of national league and governing body partnerships established by Golden in 2026 as Corgi continues to expand its insurance offerings across new industries.

UPSL Member Clubs can access information about their coverage, request certificates of insurance, and report incidents at premier.upsl.com/insurance.

About the United Premier Soccer League

UPSL is a national professional and semi-professional soccer league with more than 900 Member Clubs and approximately 37,000 registered participants across the United States, including men’s, women’s, and youth divisions. Learn more at premier.upsl.com.

About Golden by Corgi

Golden is a full-stack insurance program for sports and entertainment organizations, backed by Corgi. Golden issues, administers, and services coverage for national governing bodies, leagues, teams, and events under one roof.

Media Contact

Corgi Press
press@corgi.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/united-premier-soccer-league-names-corgi-insurance-its-official-insurance-partner-302923538.html

SOURCE Corgi

Continue Reading

Technology

Appian Defense Cloud Achieves IL5 Authorization Across Department of War Operations

Published

on

By

Process orchestration leader earns highest unclassified level of authorization to deliver secure, intelligent automation for mission-critical warfare operations

MCLEAN, Va., Oct. 29, 2026 /PRNewswire/ — Appian today announced that the Appian Defense Cloud (ADC) achieved Impact Level 5 (IL5) Provisional Authorization to Operate (PA) from the United States Department of War (DOW). Building on Appian’s IL5 Appian Government Cloud (AGC) offering, this accreditation enables DOW agencies to deploy mission-critical workloads using Appian’s intelligent process automation innovations with enterprise-grade security.

The Appian Defense Cloud achieved Impact Level 5 Provisional Authorization to Operate from the US Department of War.

“Achieving IL5 for our next generation platform – ADC marks a significant milestone for Appian in providing the DOW with mature and secure intelligent process automation to support warfighter operations,” said Michael Beckley, Chief Technology Officer at Appian. “The production-ready platform represents an evolution of Appian’s long-standing defense capabilities, bringing modern agentic intelligence and process orchestration directly to mission operations with enterprise-grade guardrails.”

Appian’s defense heritage began with its contract to architect Army Knowledge Online (AKO) more than two decades ago, which grew into one of the world’s largest military intranets. As one of the first cloud service providers to achieve FedRAMP authorization in 2015, Appian has demonstrated continuous mastery of meeting continuous monitoring and security compliance requirements across public sector environments.

This latest designation recognizes the operational maturity of the Appian Platform and the DOW’s continued trust for it to provide industry-leading security and availability across high-impact warfare operations. With IL5 designation, ADC can store and process the DOW’s highest-sensitivity unclassified information, mission-critical data, and unclassified national security systems.

Scale and deployment across US defense

Appian’s defense footprint scaled almost 4x in deployment volume over the last 12 months. Today, Appian supports:  

2,000,000+ active DOW & IC users relying on the platform for daily operations. 100+ mission platforms running mission-critical automation.  Supporting key operational communities, including contract writing, legal case management, intelligence and security, foreign military sales, and logistics and maintenance.  

Key fielded capabilities include 12 prominent Army programs in production, including the Total Army Combat and Training Munitions Information System (TACTMIS) for the US Army. Created in 110 days from contract award to support more than 10,000 active users worldwide, TACTMIS delivers speed and value for training and operational missions. By unifying munitions management processes across the Active Army, Army National Guard, US Army Reserve, and joint partners, TACTMIS provides the scale, security, and visibility needed to support Army-wide readiness and senior-leader decision-making.

Defense-grade capabilities for DOW-compliance

Built on Appian’s next-generation cloud-native architecture, ADC delivers complete commercial platform capabilities within a DOW-compliant boundary:

Orchestrated agentic intelligence: Native capabilities for agent-assisted workflow creation, intelligent document processing (IDP), generative capabilities, and agentic insights.Data fabric: Connects disparate data sources without moving core records, giving agents and users immediate context.Process intelligence: Real-time process monitoring and analytics to track operational efficiency and auditability.

The US Department of War and every service branch of the US Armed Forces trust Appian to improve government processes. Learn how Appian can help transform your operations to increase efficiency and productivity: https://appian.com/defense.

Forward-looking statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including statements regarding future product capabilities, strategic plans, and industry growth, are forward-looking. These statements are subject to risks and uncertainties that could cause actual results to differ materially. Appian undertakes no obligation to update forward-looking statements.

About Appian
Appian provides AI automation for the most important business processes at the world’s largest organizations.

On the Appian Platform, customers build AI-powered processes that accelerate work, reduce cost, and manage risk. Our platform is known for its unique power, reliability, and scale. We’ve been automating processes for more than 25 years and have proven expertise in enterprise operations. For more information, visit appian.com. [Nasdaq: APPN]

Follow Appian: LinkedIn, YouTube, Instagram, Facebook, and X.

View original content to download multimedia:https://www.prnewswire.com/news-releases/appian-defense-cloud-achieves-il5-authorization-across-department-of-war-operations-302923821.html

SOURCE Appian

Continue Reading

Trending