Global Aircraft Heat Exchanger Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
A heat exchanger is a device used to transfer heat between a solid object and a fluid, or between two or more fluids. The fluids may be separated by a solid wall to prevent mixing or they may be in direct contact.
Aircraft Heat Exchanger is the heat exchanger used in aircraft.
Market Overview:
The latest research study on the global Aircraft Heat Exchanger market finds that the global Aircraft Heat Exchanger market reached a value of USD 1529.23 million in 2022. It’s expected that the market will achieve USD 2301.4 million by 2028, exhibiting a CAGR of 7.05% during the forecast period.
Drivers
In developing market, with their development of economy and technology, the growth of the aircraft heat exchanger market can be attributed to the rise in the production of new aircraft and increase in defense spending of various countries worldwide. The increasing use of heat exchangers in tactical and combat unmanned aerial vehicles is another significant factor contributing to the growth of the aircraft heat exchanger market.
In developed market, except for the above, they have more companies, good channels, highly market maturity, fierce competition, a highly competent management team, technology and finance advantages, keep on innovation, prominent market participants invest heavily in R&D, with introduction of new technologies to their products, all of which make a growing market demand for Aircraft Heat Exchanger.
What is more, increasing deliveries of commercial aircraft and unmanned aerial vehicles in the US and Canada are contributing to the high demand for aircraft heat exchangers in the North American region. In addition, the presence of key manufacturers of heat exchangers in the US is another significant factor influencing the growth of the aircraft heat exchanger market in North America.
Region Overview:
North America had the highest growth rate of all regions.
Company Overview:
Meggitt is one of the major players operating in the Aircraft Heat Exchanger market, holding a share of 10.28% in 2018.
Meggitt operates an engineering group, which specializes in aerospace, defense and electronics products. The Company manufactures aircraft instruments and valves, water injection systems, compact heat exchangers, smoke detection systems and defense systems, including aerial target systems and surveillance drones. Meggitt markets its products internationally.
Aavid Thermalloy provides thermal management solutions. The Company manufactures adhesive bonding systems, custom hoses, metal stamping, fabrication, gaskets and seals, die casting, and surface protection products. Aavid Thermalloy serves aerospace, consumer electronics, medical, agriculture, defense, construction, industrial, and automotive industries worldwide.
Segmentation Overview:
Among different product types, Plate-fin segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Fixed-Wing Aircraft segment occupied the biggest share from 2017 to 2022.
Key Companies in the global Aircraft Heat Exchanger market covered in Chapter 3:
United Technologies
Triumph Group
Honeywell
JAMCO
Wall Colmonoy
Ametek
Aavid Thermalloy (Boyd Corporation)
Meggitt
Liebherr
TAT Technologies
Woodward
Lytron
Rockwell Collins
In Chapter 4 and Chapter 14.2, on the basis of types, the Aircraft Heat Exchanger market from 2018 to 2029 is primarily split into:
Plate-fin
Flat Tube
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Aircraft Heat Exchanger market from 2018 to 2029 covers:
Fixed-Wing Aircraft
Rotary-Wing Aircraft
Unmanned Aerial Vehicles (UAVs)
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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