The Global Aircraft Heat Exchanger Market is projected to reach a value of over USD 1.9 billion by 2027 at a CAGR of around 6.4%.
Heat exchangers is referred to a fundamental tool in the thermal engineering fields, that includes refrigeration, power systems cooling, electronics cooling, as well as the air conditioning. Heat exchangers are broadly used in the aerospace industry for cooling as well as heating. Whereas, heat exchangers is being broadly used to cool hydraulics, rammed air, auxiliary power units, gearboxes, and various other components. Moreover, it is being used in aircrafts of all sizes such as fixed wing and rotary, as well as in various different aircraft systems.
Hence, aircraft heat exchangers also advances in terms of maintain the air quality and humidity. Also, with the rising demand for effective cooling and heating in commercial aircraft is projected to boost the aircraft heat exchangers demand in the forecast period.
Market Driver:
With the increasing demand of plate-fin heat exchanger in aviation sector is witness to boost the growth of the market in the forecast period. Whereas, the rising in the aircraft has been increasing heavily in the developed countries with the growing number of aircraft orders to meet the air travel demand. Moreover, increasing demand for the aircraft also lead to increase the demand for the various system as well as equipment such as heat exchanger.
Hence, the plate fin heat exchangers are being mostly used in the aviation sector with its features such as compactness, low weight, and high effectiveness. Also, the rising demand for the plate fin heat exchangers is lead to create a significant role for the growth of the market in the forecast period.
Market Restraints:
One of the major key concern of the market backlogs in the aircraft deliveries which may hamper the market growth. Whereas, the aircraft heat exchanger market is anticipate to show a shrink as well as change in the growth rate, with the backlogs in the aircraft deliveries. Also, the lack of awareness create a major challenging factor for the growth of the market as the selection of the heat exchangers can be limited to the high pressure operations.
Furthermore, the issues with the availabilities of the raw material is create a restraining factor for the market growth. Hence, these factors lead to hinder the growth of the market in the forecast period.
The report on the aircraft heat exchanger market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
Historical/Estimated/Forecasted Market Size Years |
2019-2027 |
Base Year for Market Calculation |
2020 |
Forecasted Period |
2021-2027 (2021 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million) |
Segments Included |
Product Type, Platform, Application, End-User, and Region |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Aircraft Heat Exchanger Market, by Product Type
Aircraft Heat Exchanger Market, by Platform
Aircraft Heat Exchanger Market, by Application
Aircraft Heat Exchanger Market, by End-User
Aircraft Heat Exchanger Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE AIRCRAFT HEAT EXCHANGER MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY