Global Aircraft Heat Exchanger Market Forecast to 2030

Global Aircraft Heat Exchanger Market Research Report and Forecast to 2030 is an in-depth study of the global Aircraft Heat Exchanger Market, including market size, market share, current and emerging trends, and the most recent technological developments. The report also provides insight into the global and regional competitive landscape of the Aircraft Heat Exchanger Market, as well as a detailed forecast to 2030. The impact of the COVID-19 pandemic on the Aircraft Heat Exchanger Market has been updated in the new report. It examines the pandemic's impact on the economic landscape and government regulations in each region. It also investigates the supply chain disruptions and economic volatility caused by the pandemic and provides a current and prospective outlook.

The global aircraft heat exchanger market size is expected to reach USD 2.95 Billion at a steady revenue CAGR of 9.2% in 2030, according to the latest analysis by Emergen Research. Rising demand for heat exchangers in tactical and Unmanned Combat Aerial Vehicles (UCAV) can be attributed to the steady market revenue growth of aircraft heat exchangers. Modern military aircraft and Unmanned Aerial Vehicles (UAVs) feature cutting-edge electronics and technology essential to their efficient operation. To increase reliability and avoid early failure, thermal management is necessary for all electronic devices and circuitry. Depending on the quantity of heat that has to be removed, choosing a suitable thermal relief system is frequently simple and constrained as the amount of heat output is typically equal to the power input as long as there are no other energy exchanges. Avionic cooling procedures have had to change to keep up with an innovation that is advancing airborne technologies higher and farther than ever before.

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Competitive Terrain:

The global Aircraft Heat Exchanger industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Safran, Meggitt PLC, Parker Hannifin Corp, Raytheon Technologies Corporation, Sumitomo Precision Products Co., Ltd., Honeywell International Inc., Ametek, Inc., Boyd, Triumph Group, TAT Technologies Ltd

Research Report on the Aircraft Heat Exchanger Market Addresses the Following Key Questions:

• Who are the dominant players of the Aircraft Heat Exchanger market?
• Which regional market is anticipated to have a high growth rate over the projected period?
• What consumer trends and demands are expected to influence the operations of the market players in the Aircraft Heat Exchanger market?
• What are the key growth drivers and restraining factors of the Aircraft Heat Exchanger market?
• What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
• What is the overall impact of the COVID-19 pandemic on the Aircraft Heat Exchanger market and its key segments?

Market Overview:

The report bifurcates the Aircraft Heat Exchanger market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

• Application Outlook (Revenue, USD Million; 2019–2030)
  • Environment Control System (ECS)
  • Engine System
  • Electronic Pod Cooling
  • Hydraulic Cooling

• Type Outlook (Revenue, USD Million; 2019–2030)
  • Air Cooled
  • Liquid Cooled

• Platform Outlook (Revenue, USD Million; 2019–2030)
  • Fixed Wing
  • Rotary Wing
  • Unmanned Aerial Vehicles

Regional Landscape section of the Aircraft Heat Exchanger report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Some Key Highlights From the Report

• On 22 February 2022, by renewing their present component service agreement and signing a new general term agreement for heat exchanger services, Saudia Aerospace Engineering Industries (SAEI) and Liebherr-Aerospace strengthen their partnership. With the signing of a new General Terms Agreement, which will allow SAEI to join Liebherr's network for heat exchanger services, this long-term partnership has advanced even further. Thus, SAEI will be equipped internally to undertake heat exchanger tests or cleaning on behalf of Liebherr-Aerospace for every piece of machinery used in the Middle East.
• The electronic pod cooling segment is expected to lead in terms of revenue share in the global market over the forecast period. The use of electrical pod cooling has many advantages. A typical fighter jet is required to carry out several tasks. One method to change the capabilities of the aircraft is to attach a below-the-plane electronics pod with mission-specific electronics. According to this technique, connecting a certain pod is necessary to configure an aircraft for a specific mission. The size, weight, and amount of electricity a pod can use are constrained. In addition, the cooling of the electronics that are located inside the pod usually gets relatively little attention and power. In practice, cooling systems are frequently located in the back of the pod because the antenna for the electronics must face out the front.
• The air-cooled segment is expected to lead in terms of revenue share in the global market over the forecast period. An Air-Cooled Heat Exchanger (ACHE), a type of heat rejection equipment, is used to release the extra process heat into the atmosphere. The process fluid's heat is transferred to the air via conduction and convection. As the process fluid travels through the tubes to remove heat, air streams are created by the fans mounted on the device and are passed over them. By carefully selecting the tube material, ACHE can effectively cool or condense process water, chemicals, or any other heat transfer fluid.
• The fixed-wing segment is expected to account for a large revenue share over the forecast period. An aircraft with fixed wings, powered by a jet engine or a propeller, has wings that do not move. These are used for longer excursions more frequently than rotary-wing aircraft because they can fly farther between refueling stops. The horizontal wings, fuselage, vertical stabilizer, horizontal stabilizer, and landing gear commonly make up a fixed-wing aircraft's airframe. The braking system is a constant in all aircraft designs even though some of these parts are absent from certain of them.
• Market in North America is expected to account for the largest revenue share during the forecast period, which is attributed to increasing activities by key market players in countries in the region. For instance, at the MRO Americas industry conference, a significant regional U.S. airline selected Triumph Group, Inc.'s Product Support business unit to provide Maintenance, Repair, and Overhaul (MRO) services on heat transfer units for their carrier's fleet. Triumph Accessory Services, based in Wellington, Kansas, will help with heat exchanger maintenance and repair for the airline's fleet of regional jets as part of the new deal. Triumph Accessory Services is a partner company of Triumph Product Support.

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Aircraft Heat Exchanger market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Points of the Geographical Analysis:

• Data and information related to the consumption rate in each region
• Estimated increase in the consumption rate
• Proposed growth of the market share of each region
• Geographical contribution to market revenue
• Expected growth rate of the regional markets

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