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Heat exchanger is a piece of a machine which is built for resourceful heat transfer from one medium to another. In simple words, heat exchangers are fundamental tools which transfer heat from one medium to another. In the aviation engineering, they are especially used for reducing the temperatures of the fuel and thus increasing the efficiency of the aircraft engines. Aircraft heat exchangers are commonly used to cool hydraulics, RAM air, auxiliary power units, gearboxes, etc. The most commonly use heat exchanges in aviation are the flat tube and the plate-fin heat exchangers. Both heat exchangers are engineered for high performance with poor heat transfer fluids such as oils and ethylene glycol solutions for efficient cooling.
Plate-fin heat exchangers are made from finned passages and are separated by flat plates and have a unique internal pattern to maximize heat transfer. They give the best performance to-weight ratio and are applicable for air-to-air, air-to-liquid or liquid-to-liquid cooling. Flat tube heat exchanger consists of several flat tubes that come with multiple extended surface outlets within each tube. In flat tube heat exchangers, the fins are typically vacuum-brazed between each flat tube and it is used to form a passage for the second fluid. These flat tube designs provides lower cost alternative to plate-fin designs. Both these type of heat exchangers are vacuum-based for ‘rugged-ization’.
Geographically, Global Aircraft Heat Exchanger Market is segmented into several areas- North America, Europe, China, Japan, Southeast Asia and India. At present North America shares largest market for Aircraft Heat Exchanger followed by Europe because of significant increase in deliveries of commercial aircraft and unmanned aerial vehicles in the US and Canada. The fastest growing market for aramid fibers over the forecast period is expected to be Asia Pacific because of the rising demand for commercial aircraft and unmanned aerial vehicles. China and India are projected to propel the demand for the product over the forecast period due to increasing air traffic.
Aircraft Heat Exchanger Market: Product Type
Aircraft Heat Exchanger Market: End Users/Application Analysis
Aircraft Heat Exchanger Market : Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Aircraft Heat Exchanger Market :
Geographical analysis of Aircraft Heat Exchanger Market:
Global Aircraft Heat Exchanger Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2019-2024 |
Forecast Data |
2025-2031 |
Base Year Value (2024) |
USD 2067.13 million |
Forecast Value (2031) |
USD 3276.17 million |
CAGR (2025-2031) |
6.8 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Aircraft Heat Exchanger Market was valued at around USD 2067.13 million in 2024 & is estimated to reach USD 3276.17 million by 2031.
Aircraft Heat Exchanger Market is likely to grow at Compound Annual Growth Rate (CAGR) of 6.8% between 2025-2031.
Plate-fin heat exchangers holds highest market share in 2023. North America dominates the Aircraft heat exchanger market.
Some of the top companies included in the research report are Aavid Thermalloy, Ametek, Honeywell International, Jamco, Liebherr-International, Lytron, Meggitt, TAT Technologies, Triumph Group, United Technologies, Wall Colmonoy, Woodward.
Aircraft heat exchanger market is driven by Rising demand for commercial aircraft and unmanned aerial vehicles.
Yes, the report includes Geopolitical impact on the market.
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