About Commercial Aircraft Heat Transfer and Fluid Management System
Modern commercial aircraft employ a comprehensive array of thermal management systems that play a crucial role in addressing the increased heat loads for effective and safe aircraft operations. The heat loads in aircraft have shown an increase owing to the expanded use of onboard electric and electronic systems and the increased use of composites that have greater temperature sensitivity than traditional metals.
Technavio’s analysts forecast the global commercial aircraft heat transfer and fluid management system market to grow at a CAGR of 5.03% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global commercial aircraft heat transfer and fluid management system market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of medical devices required for thoracic surgeries.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Commercial Aircraft Heat Transfer and Fluid Management System Market 2017-2021
Technavio recognizes the following companies as the key players in the global commercial aircraft heat transfer and fluid management system market: AMETEK, Crane, PARKER HANNIFIN, UTC, and Unison.
Other Prominent Vendors in the market are: 3D Systems, Aavid Thermacore, Liebherr-Aerospace, TAT Technologies, and Zodiac Aerospace.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing use of additive manufacturing technology. The additive printing technology, also known as 3D printing, refers to a process that can create an object using a three-dimensional digital model. Under this approach, successive layers of materials are added with the help of computed control technology, mostly CAD (computer-aided design), for the design and manufacture of aerospace parts and components.”
According to the report, one driver in the market is MEA driving adoption of liquid cooling mechanism. As the development of MEA is gaining mass acceptance among the two key aircraft OEMs, Airbus and Boeing, the demand for liquid cooling mechanism has also increased. With the emergence of MEA, the use of pneumatic and hydraulic systems is also reducing notably, while the electric systems with superior processing capabilities are rapidly penetrating the market. Further, the growing effort to reduce the overall weight and power consumption of an aircraft is driving the adoption of high-end embedded computing systems
Further, the report states that one challenge in the market is design control of OEMs may pose challenges for PMAs. With the changing dynamics of global aerospace manufacturing industry, OEMs nowadays outsource a large section of their work package mainly from Tier 1 or Tier 2 suppliers. Likewise, the lower end of the supply chain also contributes significantly to ensuring effective manufacturing of aircraft platform. However, certain trends often pose challenges, especially in terms of achieving modularization at a degree where certain systems and components can be totally designed and procured from the suppliers’ end, while allowing them to engage in a project since its conception phase
AMETEK, Crane, PARKER HANNIFIN, UTC, Unison, 3D Systems, Aavid Thermacore, Liebherr-Aerospace, TAT Technologies, and Zodiac Aerospace.
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