Global $2.5+ Billion Aircraft Heat Exchanger Market to 2027: Opportunity for Aircraft Manufacturers to Expand in Developing Countries
DUBLIN, Oct. 30, 2019 /PRNewswire/ -- The "Aircraft Heat Exchanger Market to 2027 - Global Analysis and Forecasts by Type; Type of Aircraft; Application" report has been added to ResearchAndMarkets.com's offering.
The global aircraft heat exchanger market was valued at US$ 1.43 Bn in 2018 and is expected to reach US$ 2.54 Bn by 2027 with a CAGR growth rate of 6.7% in the forecast period from 2019 to 2027.
The major factors driving the aircraft heat exchanger market growth include competitive economic conditions that captivate the manufacturers to scale up their production cost-effectively. This leads to the rise in demand for the implementation of heat exchanger in the aviation sector.
The aircraft industry is experiencing considerable demand for various technologically advanced equipment. The inclination curve of air travel is continuously climbing across geographies forcing the manufacturers of aircraft to provide an increased number of aircrafts such as fixed-wing and rotary-wing.
On a global scenario, commercial air passenger is expected to maintain a continuous growth over the years, irrespective of numerous challenges faced by the commercial airlines such as aviation fuel price, and other monetary changes in various countries. However, these challenges are succeeded by the growth of several passengers across the world. In the aviation sector across the globe, the quest for advanced technology, robust systems, and rugged products are ever rising. The technological advancements in the field of aircraft are positively accepted by the developed countries as well as developing regions. The procurement of technologically advanced aircraft has bolstered over the years, flourishing the aircraft component manufacturing market.
Heat exchangers are the most efficient component to transmit heat from one medium to other. Aircraft contains numerous systems and equipment. Heat exchangers are one of the components used widely in the aircraft for the heating and cooling process. Heat exchangers are broadly used in aircraft applications owing to their greater compactness, less weight, and higher performances. In aircraft sector where quality is placed on weight and size without compromising on performance aspects, these heat exchangers are mainly utilized. Heat exchanger generally consists of a flat tube, plate-fin type.
Some of the key companies operating in the aircraft heat exchanger market that are profiled in the report include Boyd Corporation, Honeywell International Inc., Jamco Corporation, Liebherr Group, Meggitt Plc, Tat Technologies Ltd., Triumph Group, Inc., Collins Aerospace, Wall Colmonoy, And Woodward, Inc.
Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Aircraft Heat Exchanger Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Buyers:
4.2.1.1 Large Numbers of Aircraft Manufacturers
4.2.2 Bargaining Power of Suppliers:
4.2.2.1 Supplier Concentration is Moderately Growing
4.2.3 Threats to Substitutes:
4.2.3.1 Existence of Aircraft Health Monitoring Systems and Flight Tracking Systems
4.2.4 Threats of New Entrants:
4.2.4.1 Established Players Capture the Maximum Market
4.2.5 Degree of Competition:
4.2.5.1 Large Number of Well Established Players with Balanced Financial Status
4.3 Ecosystem Analysis
5. Aircraft Heat Exchanger Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Growing demand of plate-fin heat exchanger in aviation sector
5.1.2 Growing demand in aerospace industry
5.2 Key Market Restraint
5.2.1 Lack of aircraft investments in developing countries
5.3 Key Market Opportunity
5.3.1 Opportunity for aircraft manufacturers to expand in developing countries
5.4 Future Trend
5.4.1 Increasing use of additive manufacturing
5.5 Impact Analysis of Drivers and Restraints
6. Aircraft Heat Exchanger Market - Global Market Analysis
6.1 Global Aircraft Heat Exchanger Market Overview
6.2 Global Aircraft Heat Exchanger Market Forecast and Analysis
6.3 Market Positioning- Top Five Players
7. Aircraft Heat Exchanger Market Analysis - By Type
7.1 Overview
7.2 Global Aircraft Heat Exchanger Market Breakdown, By Type, 2018 & 2027
7.3 Flat Tube
7.4 Plate-fin
8. Aircraft Heat Exchanger Market Analysis - Type of Aircraft
8.1 Overview
8.2 Aircraft Heat Exchanger Market Breakdown, Type of Aircraft, 2018 & 2027
8.3 Rotary-Wing Aircraft
8.4 Fixed-Wing Aircraft
9. Aircraft Heat Exchanger Market Analysis - By Application
9.1 Overview
9.2 Aircraft Heat Exchanger Market Breakdown, By Application, 2018 & 2027
9.3 Engine
9.4 Airframe
10. Global Aircraft Heat Exchanger Market - Geographic Analysis
11. Aircraft Heat Exchanger Market - Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Aircraft Heat Exchanger Market- Company Profiles
- Boyd Corporation
- Collins Aerospace
- Honeywell International Inc.
- Jamco Corporation
- Liebherr Group
- Meggitt PLC
- TAT Technologies Ltd
- Triumph Group, Inc.
- Wall Colmonoy
- Woodward Inc.
For more information about this report visit https://www.researchandmarkets.com/r/c4j0tn
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