Aircraft Heat Exchanger Market Size, Share, and COVID-19 Impact Analysis, By Type (Direct Contact, Indirect Contact, Tube Geometry, Plate Geometry, Parallel Flow, Counter Flow, and Others), By Aircraft (Fixed Wing, Rotary Wing, and Unmanned Aerial Vehicle), By Point of Sale (Original Equipment Manufacturers and Aftermarket), and Regional Forecast, 2024-2032.

Heat exchangers are used to exchange heat and energy between two mediums. They can be used for heating effect as well as cooling. Aircrafts use heat exchangers for multiple reasons, such as air conditioning, cooling the fuel, and other tasks. The global aircraft heat exchanger market is predicted to display commendable progress during the forecast period of 2024-2032. 

The aircraft heat exchanger market is driven by the need to make more light-weight and economical heat exchangers which do not compromise on efficiency. The increase in passenger traffic is leading to expansion of airline fleets, which positively impacts the market. Setting up of new production sites, improved research and emerging players are factors which boost the market growth.

Aircraft Heat Exchangers works by exchanging heat between two fluids. The efficiency of the heat exchanged depends on the surface are available, and hence heat exchangers have plates and fins to increase the effective surface area. The working fluid is cooled by using a coolant, which in an aircrafts is cool air. The air inside the fuselage of the vehicle is put in contact with cool ambient air. The cabin air transfers its heat to the ambient air, which is then let out of the system through the exhaust mechanism. Heat exchangers are of various types that differ in efficiency and working, such as different geometries, different flow patterns, and other parameters.

A major restraint for the aircraft heat exchanger industry is the cost involved in the research and development of the technology. Rules imposed by the aviation regulatory bodies are also a big restraint. The technology developed needs to be within the guidelines imposed.

Impact of the COVID-19 on Global Market:

COVID-19 impacted several industries for the major part of the year 2020. Worldwide lockdowns and supply chain disruptions saw many original equipment manufacturers facing financial struggles. The aviation industry was also affected by the pandemic. With lockdowns in effect, the number of passengers reduced drastically. This led to a decrease in the purchase of new aircraft during the period. With the demand for purchase of aircraft seeing a sharp decline, the manufacturing and sales of heat exchangers also went down. Production was very low during the period, and led to a financial crisis for many Original Equipment Manufacturers (OEMs).

The global aircraft heat exchanger market is divided into three broad categories- by type, by aircraft, and by point of sale. Based on the type of heat exchanger, the market can be divided into direct contact, indirect contact, tube geometry, plate geometry, parallel flow, counter flow, and others. Based on the type of aircraft, the market is divided into fixed wing, rotary wing, and Unmanned Aerial Vehicle (UAV). Based on the point of sale, the market is bifurcated into Original Equipment Manufacturers (OEMs) and aftermarket. Based on the region, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Insights:

The report will describe the following key insights:

• The report analyzes a detailed industry overview, including qualitative and quantitative information.


• The report analyzes an overview and forecast of the global aircraft heat exchanger industry based on various segments.


• The report also analyzes comprehensive PEST analysis for all four regions, i.e. North America, Europe, Asia Pacific, and Rest of the World, after evaluating economic, social, political and technological factors affecting the global aircraft heat exchanger market in these regions.

Regional Analysis:

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North America is dominant region for the aircraft heat exchanger market. The region is also one of the busiest in terms of air traffic, and aircraft heat exchangers are in great demand to meet the production of new aircrafts. Asia-Pacific is projected to grow significantly in the upcoming years. The growing passenger traffic in the region is forcing airlines to acquire new aircrafts. The production of newer aircrafts requires a constant supply of heat exchangers. This will also boost the research in the region for the development of better technologies that are more economical and sustainable.

Key Players Covered:

• Honeywell International Inc.


• SAFRAN


• Boeing


• Mitsubishi Heavy Industries Ltd.


• Ametek Inc.


• Meggitt PLC


• Triumph Group


• Liebherr GmbH


• United Technologies Inc.


• TAT Technologies