$2 Billion Worldwide Aircraft Heat Exchanger Industry is Expected to Grow at a CAGR of 9.2% During 2021 to 2026

(MENAFN- PR Newswire) DUBLIN, June 3, 2021 /PRNewswire/ -- The report has been added to ResearchAndMarkets.com's offering.

The aircraft heat exchanger market is expected to grow from an estimated USD 1.3 billion in 2021 to USD 2.0 billion by 2026, at a CAGR of 9.2% during the forecast period of 2021-2026.

Some of the factors fueling the market's growth include increasing demand for effective cooling and heating in commercial aircraft and an increase in military spending in many countries worldwide. Airline carriers are focused on upgrading passenger luxury, which is encouraging the adoption of relaxed, highly customized, and superior aircraft heat exchangers to restore traditional systems. This is driving the expansion of the aftermarket sales sector in the aircraft heat exchangers market. The increasing demand of technological advancements in thermal management for the military and aerospace sector seems to be a lucrative opportunity for aircraft heat exchanger market providers during the forecast period.

Based on end-user, the aftermarket segment accounts for the largest market size during the forecast period

Based on vendor, the aircraft heat exchanger market has been segmented into OEM (Original Equipment Manufacturer) and aftermarket. The aftermarket segment includes maintenance, repairing upgrading and replacement of aircraft heat exchanger components and systems. The aftermarket vendor sub-segment is expected to lead the aircraft heat exchanger market due to high spending on upgraded avionics systems, and replacement of overused thermal management components and systems. However, an increase in aircraft deliveries and domestic manufacturing of aircraft will drive the growth of the OEM segment

Based on the aircraft type, the fixed wing segment is projected to grow at the highest CAGR during the forecast period.

Based on platform, the aircraft heat exchanger market has been segmented into fixed-wing aircraft, rotary-wing aircraft, and Unmanned Aerial Vehicles (UAVs). Aircraft heat exchangers differ, in terms of application and configuration in different types of aircraft. They also differ in numbers for narrow body aircraft, wide body aircraft, very large body aircraft, and business jets. The fixed wing segment is expected to grow at the highest CAGR during the forecast period. Factors positively impacting the aircraft heat exchanger market with regards to this section are rising demand of narrow body commercial aircrafts and more connectivity across regions.

The Asia Pacific is projected to grow at the highest CAGR during the forecast period.

The Asia Pacific is one of the emerging markets for aircraft heat exchangers in terms of research and development activities, deployment, and the presence of some of the key market players. The major countries under this region are theJapan, India and China. The drivers for the growth of the aircraft heat exchanger market in Japan include the need to improve aircraft systems of the Japan Self-Defense Forces, including the Japan Air Self- Defense Force (JASDF), Japan Ground Self-Defense Force, and the rising demand for better thermal management system in commercial airlines. Rising government focus on military and defense will boost market in India.

China is one of the fastest-growing economies in the world. The country is expected to increase its military spending in aircraft systems, including Aircraft heat exchangers, as well as in modern military equipment to remain technologically advanced in the defense sector. Domestic airlines in China are increasingly engaged in contracts with aftermarket service suppliers to enhance their aircraft operations. Also, factors like cheap and high skilled personnel for manufacturing of aircraft heat exchangers is boosting the market in Asia Pacific region.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights 4.1 Attractive Opportunities in Aircraft Heat Exchangers Market, 2021-20264.2 Aircraft Heat Exchangers Market, by Application4.3 Aircraft Heat Exchangers Market, by Sales Channel4.4 Aircraft Heat Exchangers Parts Replacement Market, by Country

5 Market Overview 5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Growing Demand for Effective Cooling and Heating in Commercial Aircraft5.2.1.2 Rise in Demand of High-Performance Military Fighter Jets and Increase in Defense Expenditure5.2.1.3 Demand for Heat Exchangers in Tactical and Ucav5.2.1.4 Growing Fleet of Commercial and Combat Aircraft5.2.2 Restraints5.2.2.1 High Investment Cost and Long Clearance Period5.2.3 Opportunities5.2.3.1 Rising Focus on Developments in Additive Manufacturing5.2.3.2 Technological Advancements in Thermal Management for Military and Aerospace Environments5.2.4 Challenges5.2.4.1 Issues Related to Heat Exchanger Fouling5.2.4.2 Pandemic and Its Effect on Aircraft Heat Exchanger Market5.3 Impact of COVID-19 on Aircraft Heat Exchanger Market5.4 Ranges and Scenarios5.5 Aircraft Heat Exchanger Market Ecosystem5.5.1 Prominent Companies5.5.2 Private and Small Enterprises5.5.3 Applications5.6 Value Chain Analysis5.7 Average Selling Price of Aircraft Heat Exchanger5.8 Trends/Disruptions Impacting Customer's Business5.8.1 Revenue Shift and New Revenue Pockets for Aircraft Heat Exchanger Manufacturers5.9 Porter's Five Forces Analysis5.9.1 Threats of New Entrants5.9.2 Threat of Substitutes5.9.3 Bargaining Powers of Suppliers5.9.4 Bargaining Powers of Buyers5.9.5 Degree of Competition5.10 Use Case Analysis: Aircraft Heat Exchangers5.10.1 Air-Breathing Rocket Engines5.10.2 3D Print Technique for Interplanetary Heat Exchanger5.11 Trade Analysis5.12 Tariff and Regulatory Landscape

6 Industry Trends 6.1 Introduction6.2 Technology Trends6.2.1 Reinvention of Heat Transfer6.2.2 Expansion of Metal Baffles6.2.3 Twisted-Tube Heat Exchanger Technology6.2.4 Graphene - a Miracle Material6.3 Technology Analysis6.4 Impact of Megatrends6.5 Innovations & Patent Registrations

7 Aircraft Heat Exchanger Market, by Application

8 Aircraft Heat Exchanger Market, by Platform

9 Aircraft Heat Exchanger Market, by Design

10 Aircraft Heat Exchanger Market, by Sales Channel

11 Aircraft Heat Exchanger Market, by Type

12 Regional Analysis

13 Competitive Landscape 13.1 Introduction13.2 Ranking of Leading Players, 202013.3 Market Share Analysis of Leading Players, 202013.4 Revenue Analysis of Top 5 Market Players, 202013.5 Competitive Overview13.6 Company Product Footprint Analysis13.7 Company Evaluation Quadrant13.7.1 Star13.7.2 Emerging Leader13.7.3 Pervasive13.7.4 Participant13.8 Competitive Scenario13.8.1 Deals13.8.2 Others

14 Company Profiles 14.1 Introduction14.2 Key Players14.2.1 Meggitt14.2.1.1 Business Overview14.2.1.2 Products & Solutions Offered14.2.1.3 Analyst's View14.2.1.3.1 Key Strengths and Right to Win14.2.1.3.2 Strategic Choices Made14.2.1.3.3 Weaknesses and Competitive Threats14.2.1.4 Recent Developments14.2.2 Ametek14.2.2.1 Business Overview14.2.2.2 Products Offered14.2.2.3 Analyst's View14.2.2.3.1 Key Strengths and Right to Win14.2.2.3.2 Strategic Choices Made14.2.2.3.3 Weaknesses and Competitive Threats14.2.3 Recent Developments14.2.4 Tat Technologies14.2.4.1 Business Overview14.2.5 Products & Solutions Offered14.2.6 Analyst's View14.2.6.1 Key Strengths and Right to Win14.2.6.2 Strategic Choices Made14.2.6.3 Weaknesses and Competitive Threats14.2.7 Recent Developments14.2.8 Triumph Group14.2.8.1 Business Overview14.2.9 Products & Solutions Offered14.2.10 Analyst's View14.2.10.1 Key Strengths and Right to Win14.2.10.2 Strategies Choices Made14.2.10.3 Weaknesses and Competitive Threats14.2.11 Recent Developments14.2.12 Boyd Corporation14.2.12.1 Business Overview14.2.13 Products & Solutions Offered14.2.14 Recent Developments14.2.15 Honeywell International14.2.15.1 Business Overview14.2.16 Products & Solutions Offered14.2.17 Analyst's View14.2.17.1 Key Strengths and Right to Win14.2.17.2 Strategic Choices Made14.2.17.3 Weaknesses and Competitive Threats14.2.18 Recent Developments14.2.19 Sumitomo Precision Products14.2.19.1 Business Overview14.2.20 Products & Solutions Offered14.2.21 Analyst's View14.2.21.1 Key Strengths and Right to Win14.2.21.2 Strategic Choices Made14.2.21.3 Weaknesses and Competitive Threats14.2.22 Recent Developments14.2.23 Raytheon Technologies14.2.23.1 Business Overview14.2.24 Products & Solutions Offered14.2.25 Analyst's View14.2.25.1 Key Strengths and Right to Win14.2.25.2 Strategic Choices Made14.2.25.3 Weaknesses and Competitive Threats14.2.26 Recent Developments14.2.27 Parker Hannifin14.2.27.1 Business Overview14.2.28 Products & Solutions Offered14.2.29 Analyst's View14.2.29.1 Key Strengths and Right to Win14.2.29.2 Strategic Choices Made14.2.29.3 Weaknesses and Competitive Threats14.2.30 Recent Developments14.2.31 Safran Sa14.2.31.1 Business Overview14.2.32 Products & Solutions Offered14.2.33 Recent Developments14.2.34 Liebherr International14.2.34.1 Business Overview14.2.35 Products & Solutions Offered14.2.36 Recent Developments14.2.37 Wall Colmonoy14.2.37.1 Business Overview14.2.38 Products & Solutions Offered14.2.39 Recent Developments14.2.40 Jamco14.2.40.1 Business Overview14.2.41 Products & Solutions Offered14.2.42 Recent Developments14.2.43 Camtronics Aviation Group14.2.43.1 Business Overview14.2.44 Products & Solutions Offered14.2.45 Recent Developments14.2.46 Aviagroup Industries14.2.46.1 Business Overview14.2.47 Products & Solutions Offered14.2.48 Recent Developments14.2.49 Parfuse Corporation14.2.49.1 Business Overview14.2.50 Products & Solutions Offered14.2.51 Recent Developments14.2.52 Mezzo Technologies14.2.52.1 Business Overview14.2.53 Products & Solutions Offered14.2.54 Recent Developments14.2.55 Nimrod Group14.2.55.1 Business Overview14.2.56 Products & Solutions Offered14.2.57 Recent Developments14.2.58 Sintavia14.2.58.1 Business Overview14.2.59 Products & Solutions Offered14.2.60 Recent Developments14.2.61 Airmark Components14.2.61.1 Business Overview14.2.62 Products & Solutions Offered14.2.63 Recent Developments14.2.64 California Brazing14.2.64.1 Business Overview14.2.65 Products & Solutions Offered14.2.66 Recent Developments14.2.67 Msm Aerospace Fabricators14.2.67.1 Business Overview14.2.68 Products & Solutions Offered14.2.69 Recent Developments14.2.70 Aviation Technical Services14.2.70.1 Business Overview14.2.71 Products & Solutions Offered14.2.72 Recent Developments14.2.73 Turbotech14.2.73.1 Business Overview14.2.74 Products & Solutions Offered14.2.75 Recent Developments14.3 Eaton14.3.1 Business Overview14.3.2 Products & Solutions Offered

15 Appendix

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