Europe Aircraft Heat Exchanger Market

Europe aircraft heat exchanger market in is expected to grow from US$ 345.0 Mn in 2018 to US$ 650.0 Mn by the year 2027. This represents a CAGR of 7.5% from the year 2018 to 2027.

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.

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.

Currently, France is dominating the aircraft heat exchanger market in terms of installation, which in turn boost the demand for aircraft heat exchanger market. The aviation industry is among the key contributor to the French GDP. The Airbus exports, in particular, contribute mainly to the economic growth of the country. The total number of air passengers in France accounted for around 125 Million in 2016, and the same is expected to rise to about 170 Million by 2036, as per IATA. The major airlines in the country include; Air France, Aigle Azur, and ASL Airlines France, among others. The figure given below highlights the revenue share of Rest of Europe in the European aircraft heat exchanger market in the forecast period:

Rest of Europe in Europe Aircraft Heat Exchanger Market Revenue and Forecasts to 2027 (US$ Mn)

Europe Aircraft Heat Exchanger Strategic Insights

Strategic insights for the Europe Aircraft Heat Exchanger provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe Aircraft Heat Exchanger Report Scope

Europe Aircraft Heat Exchanger Regional Insights

The geographic scope of the Europe Aircraft Heat Exchanger refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

EUROPE AIRCRAFT HEAT EXCHANGER MARKET - SEGMENTATION

Europe Aircraft Heat Exchanger Market by Type

• Flat Tube
• Plate Fin

Europe Aircraft Heat Exchanger Market by Aircraft Type

• Fixed Wing Aircraft
• Rotary Wing Aircraft

Europe Aircraft Heat Exchanger Market by Application

• Engine
• Airframe

Europe Aircraft Heat Exchanger Market by Country

• France
• Germany
• UK
• Russia
• Rest of Europe

Europe Aircraft Heat Exchanger Market Companies

• BOYD Corporation
• Collins Aerospace
• Honeywell International Inc.
• Jamco Corporation
• LiebherrGroup
• Meggit Plc
• TAT Technologies Inc.
• Triumph Group
• Wall Colmonoy
• Woodward Inc.