According to Cognitive Market Research, the global Microchannel Evaporator Market size is USD 16948.50 million in 2024 and will expand at a compound annual growth rate (CAGR) of 9.70% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 6779.40 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 5084.55 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 3898.16 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 847.43 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 338.97 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031.
The Metal based held the highest Microchannel Evaporator Market revenue share in 2024.
