Aircraft Heat Exchangers Market: Global Flat Tube and Plate Fin Opportunity Analysis and Industry Forecast, 2022-2029

PORTLAND, ORAGON, USA, Sep 19, 2022 /EINPresswire.com/ – Aircraft Heat Exchangers Market by Type (Flat Tube and Plate Fin), Platform (Rotor Wing Aircraft and Fixed Wing Aircraft), Application (Engine System and Environmental Control System), and End Use (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2022-2029

The global aircraft heat exchangers market is witnessing significant growth owing to the increase in the number of passengers in the air traffic. The aircraft heat exchanger is used for heating and cooling applications in aircraft. Aircraft heat exchangers transfer heat and energy from one medium to another for heating and cooling purposes. Commercial aircraft use a heat exchanger to extract heat from the engine oil system to heat cold fuel. Additionally, the heat exchangers are designed for high performance and efficient cooling to be used for cooling hydraulics, auxiliary power unit and gearbox, among other aircraft components. Additionally, aircraft heat exchangers are used in cabin cooling applications.

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Analysis of the COVID-19 scenario:

Manufacturers of aircraft heat exchangers are forced to halt production operations due to the government-imposed lockdown to control the spread of COVID-19.

Aircraft manufacturers are facing operational issues due to supply chain disruption caused by the government restriction on transport following the COVID-19 pandemic.

Aircraft Maintenance, Repair and Overhaul (MRO) services are affected due to lack of supply of critical raw materials and components due to government initiatives against the COVID-19 outbreak.

Research and development of aircraft heat exchangers for military applications are hampered due to labor shortages caused by the government-imposed lockdown under the COVID-19 scenario.

Airlines are facing a financial crisis due to the grounding of international flights and limited regional operability due to travel bans imposed by authorities around the world to control the COVID-19 outbreak.

Main impact factors: analysis of market scenarios, trends, drivers and impact analysis

Rising size of global aircraft fleet, demand for high performance military aircraft and rise in adoption of heat exchanger in environmental control system are the factors driving the global market aircraft heat exchangers. However, the high cost of maintenance and upgrading is hampering the growth of the market. On the contrary, the inclination of airlines towards a comfortable passenger experience and a personalized heating, ventilation and air conditioning (HVAC) system in airplanes are forging new paths in the industry.

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Demand for high performance military aircraft

Military aircraft require an advanced thermal management system for effective performance and endurance during critical operations. Thermal efficiency requires innovation in heat transfer and thermo-fluid dynamics. For example, in 2020, General Atomics Aeronautical Systems (an aerospace company headquartered in California, USA) is collaborating with Conflux Technology (an additive manufacturing applications company specializing in thermal and fluid engineering based in Victoria, in Australia) for the development of a heat exchanger to be integrated with Remotely Piloted Aircraft Systems (RPAS) enabling flexible product design and integration. Next-generation RPAS as well as existing RPAS such as Sky Guardian MQ-9B (armed UAV manufactured by General Atomics) will benefit from Conflux heat exchangers due to reduced manufacturing costs and improved performance through its complex geometry made possible by additive manufacturing. Sky Guardian MQ-9B is a medium-altitude, long-endurance UAV with a service history of over 6 million flight hours. Such demand for high performance military aircraft will drive the global aircraft heat exchanger market.

Key benefits of the report:

This study presents the analytical representation of the worldwide Aircraft Heat Exchangers industry together with the current trends and future estimations to determine the impending pockets of investment.
The report presents information related to key drivers, restraints, and opportunities, along with a detailed analysis of the global Aircraft Heat Exchangers market share.
Current market is quantitatively analyzed from 2020 to 2027 to highlight the growth scenario of the global Aircraft Heat Exchangers market.
Porter’s Five Forces analysis illustrates the power of buyers and suppliers in the marketplace.
The report provides a detailed analysis of the Global Aircraft Heat Exchangers Market based on the competitive intensity and how the competition will take shape in the coming years.

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Aircraft Heat Exchanger Market Research Report Questions Answered:

Who are the major market players active in the Aircraft Heat Exchangers market?
What are the current trends that will influence the market in the coming years?
What are the market drivers, restraints and opportunities?
What are the projections for the future that would help to take new strategic steps?

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