Steady Growth Ahead for Aircraft Heat Exchangers in New Fighter Plane Era, says Market.us
Heat exchangers are used for heating or cooling aircraft engines and cabins. It has a huge impact on the overall system size and efficiency. In order to get the best system efficiency, heat exchanger designs must balance both pressure drop and heat transfer efficiency. How efficient and how large the system is will depend on what energy conversion system was used.
According to the latest report by Market.us, “In 2021, the Aircraft Heat Exchanger Market was valued at USD 1.31 Billion. It is expected that it will grow at a rate of 9.24% between 2032 and 2022, to reach USD 3.46 Billion by 2032.”
Anurag Sharma, a senior research analyst at Market.us, said, “There has been a steady increase in demand for Aircraft Heat Exchanger Market. They are used in many applications such as radiators and condensers. Over the forecast period, there will be a rising demand for aircraft heat exchange due to the increase in global air transport and subsequent demand from larger aircraft that can carry more people.”
He added,” Future demand for aircraft heat exchangers will rise due to increased demand for fighter planes as well as an increase in defense expenditures. The market for aircraft heat exchangers will be affected by this trend over the next few years.”
Heat exchangers in thermal engineering are crucial for power cooling, refrigeration, and electronic cooling. Active and passive heat exchangers can be enhanced by the use of heat transfer technologies that are more advanced. Heat exchangers can cool hydraulics, gearboxes, or other parts of airplanes.
The most common heat exchangers in aviation are plate-fin and flat tubes. Both are crucial for aviation applications. Because of their light weight and compactness, plate-fin heat exchangers are common in aviation. These heat exchangers are widely used around the world for many decades.
There are many factors that drive the market. However, the backlog of aircraft delivery will lead to a decrease in and fluctuation in industry growth. Heat exchangers for aircraft are also limited by issues with raw material availability. The heat exchangers may not be suitable for high-pressure operations.
Conversion problems between old heat exchangers and new heat exchangers can also limit the market for aircraft heaters. Technology advancements in the environmental control system and the development of additive manufacturing will increase the market for aviation heat exchangers.
High-performance military planes are highly sought after. Innovations in heat transfer and thermofluid dynamics are essential for thermal efficiency. For Instance, General Atomics Aeronautical Systems (USA) collaborates in 2020 with Conflux Technology. Conflux Technology, which specializes in additive manufacturing, is located in Victoria. This partnership will facilitate flexible product design and integration. Conflux’s complex geometry, additive manufacturing, and heat-exchanging devices will allow for flexible product design and integration. This partnership will also benefit existing RPAS such as Sky Guardian MQ-9B, a weaponized UAV produced by General Atomics. Sky Guardian MQ-9B has flown over 6,000,000 miles. It is a UAV capable of flying at medium altitudes and long endurance. This demand for high-performance military aircraft will drive the global market in aircraft heat exchangers.
The global aircraft heat exchanger market has seen significant growth over the last decade, driven by increased demand for more efficient cooling and heating systems in aircraft. However, the current COVID-19 pandemic has had an adverse impact on the industry, as air travel has been largely restricted due to government restrictions. Despite this, the market is expected to rebound in the near future as air travel resumes and manufacturers develop more efficient heat exchange systems.
Overall, the aircraft heat exchanger market is set to expand at a steady rate over the next few years. New technologies such as 3D printing are predicted to fuel further innovation in this industry, allowing for reduced size and weight of components while improving performance efficiency. This will open up opportunities for larger markets with new customers entering into existing product portfolios.
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