PORTLAND, ORAGON, UNITED STATES, Sept. 19, 2022 /EINPresswire.com/ — Aircraft Heat Exchanger Market by Type (Flat Tube and Plate Fin), Platform (Rotary 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 market for aircraft heat exchangers is experiencing significant growth due to increasing passenger traffic. Aircraft heat exchangers are 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 heat exchangers to extract heat from the engine’s oil system to heat cold fuel. In addition, heat exchangers are designed for high performance and efficient cooling, which are used to cool the hydraulics, auxiliary power unit and gearbox, among other components of the aircraft. In addition, aircraft heat exchangers are used in cabin cooling applications.
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COVID-19 Scenario Analysis:
Aircraft heat exchanger manufacturers are forced to shut down production operations due to the government-imposed lockdown to curb the spread of COVID-19.
Aircraft manufacturers are facing operational issues due to supply chain disruptions due to government transportation restrictions amid the COVID-19 pandemic.
Aircraft maintenance, repair and overhaul (MRO) services are being impacted due to the lack of supply of raw materials and essential components due to the government initiatives against the COVID-19 outbreak.
The research and development of aircraft heat exchangers for military applications is being hampered due to the labor shortage caused by the government-imposed lockdown in the COVID-19 scenario.
Airlines are facing a financial crisis as international flights have been grounded and regional operations hampered by travel bans imposed by authorities around the world to contain the COVID-19 outbreak.
Key Influencing Factors: Analysis of Market Scenarios, Trends, Drivers and Impact Analysis
The increase in global aircraft fleet size, demand for high-performance military aircraft, and increasing acceptance of heat exchangers in environmental control systems are the factors driving the global aircraft heat exchanger market. However, high maintenance and upgrade costs are hampering the market growth. On the contrary, the airlines’ propensity for a comfortable passenger experience and customized heating, ventilation and air conditioning (HVAC) systems in aircraft is opening new avenues in the industry.
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Demand for high performance military aircraft
Military aircraft require a state-of-the-art thermal management system for efficient performance and endurance during mission-critical operations. Thermal efficiency requires innovation in heat transfer and thermal fluid dynamics. For example, in 2020, General Atomics Aeronautical Systems (aerospace company headquartered in California, USA) is collaborating with Conflux Technology (additive manufacturing applications company specializing in thermal and fluid engineering based in Victoria, Australia) to develop a heat exchanger to be integrated with remote controlled Aircraft systems (RPAS) that enable 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’s heat exchangers due to reduced manufacturing costs and improved performance due to its complex geometry made possible by additive manufacturing. Sky Guardian MQ-9B is a medium-altitude, long-endurance UAV with a service record of over 6 million flight hours. This demand for high performance military aircraft will drive the global aircraft heat exchanger market.
Main benefits of the report:
This study presents the analytical portrayal of the global Aircraft Heat Exchanger industry along with the current trends and future estimates to determine the upcoming investment pockets.
The report provides information on the key drivers, restraints, and opportunities along with a detailed analysis of the global Aircraft Heat Exchanger market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global Aircraft Heat Exchanger Market growth scenario.
Porter’s Five Forces Analysis illustrates the potency of buyers and suppliers in the marketplace.
The report provides a detailed global Aircraft Heat Exchanger market analysis based on the competitive intensity and how the competition will shape in the coming years.
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Questions Answered in Aircraft Heat Exchanger Market Research Report:
Who are the leading market players in the Aircraft Heat Exchanger market?
Which current trends will influence the market in the coming years?
What are the driving factors, restraints and opportunities in the market?
What forecasts for the future would help to take further strategic steps?
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