In the year 2018, the global aerospace industry has experienced a solid year as passenger travel demand strengthened, and global aerospace expenditure continued to rise. The aerospace industry is anticipated to continue its growth trajectory in 2019, led by increasing commercial aircraft production and strong aerospace spending. Also, the industry’s commercial aerospace sector saw its increase in the year 2017, compelled by higher shipments of commercial aircraft and general aviation aircraft. Thus, due to the rapid rise in the aerospace industry, several aircraft manufacturers can benefit from the growing spending in the sector to design and manufacture advanced aircraft heat exchangers. This factor drives the global aircraft heat exchanger market.
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Nowadays, growth in aircraft has increased substantially as the airlines in the developed countries are ordering increased number of aircraft to meet the continuously growing air travel demand. Due to the growing demand for several aircraft, the need for its numerous systems and equipment such as heat exchanger has also increased. The two most commonly used heat exchanger widely used in the aviation sector is flat tube and plate-fin. Both play an essential role in aviation application. However, plate-fin heat exchangers are widely used in the aviation sector due to its compactness, low weight, and high effectiveness. These exchangers are extensively used around the globe for several decades.
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AIRCRAFT HEAT EXCHANGER MARKET – SEGMENTATION
Aircraft Heat Exchanger Market by Type
- Flat Tube
- Plate Fin
Aircraft Heat Exchanger Market by Aircraft Type
- Fixed Wing Aircraft
- Rotary Wing Aircraft
Aircraft Heat Exchanger Market by Application
- Engine
- Airframe
The List of Companies – Aircraft Heat Exchanger Market
- BOYD Corporation
- Collins Aerospace
- Honeywell International Inc
- Jamco Corporation
- Liebherr Group
- Meggit Plc
- TAT Technologies Inc.
- Triumph Group
- Wall Colmonoy
- Woodward Inc.
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Europe Aircraft Heat Exchanger Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020-2027 - Jewish Life News
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