Global Commercial Aircraft Heat Transfer and Fluid Management System Market 2017-2021

Overview of the global commercial aircraft heat transfer and fluid management system market

Research analysis on the global commercial aircraft heat transfer and fluid management system market identifies that the rising preference for advanced heat transfer and fluid management systems for better maintenance will be one of the major factors that will have a positive impact on the growth of the market. Technavio's market research analysts predict that this market will grow at a CAGR of around 5% by 2021. Regular repair and maintenance of the aircraft parts and components results in high operating costs and also affect the overall profit margin of the airline company. To mitigate this, stakeholders in the aviation industry are focusing on improving the overall design and construction of heat transfer and fluid management systems. This will lead to better service life and durability of an aircraft and also reduce the need for maintenance and repair of its associated parts. Moreover, the adoption of a dependable heat transfer and fluid management system protects aircraft parts and components in extreme conditions of temperature and pressure. Jansen's Aircraft Systems Controls has already introduced fluid management devices for the Embraer's newer-generation E-Jet family of aircraft. The fluid management systems range from a small flow divider to an integrated fuel metering system. The rising preference towards the implementation of advanced heat transfer and fluid management systems will drive the growth of this marketspace.

The rising utilization of additive manufacturing technologies is one of the latest trends that will contribute to the growth of this market during the forthcoming years. The use of additive printing technologies such as 3D printing enables the creation of an object with using a three-dimensional digital model. This technology allows the design and manufacture of aerospace parts and components that is assisted by computer control technology like CAD. Additionally, the usage of 3D printing in the aerospace industry can also ensure the decrease in manufacturing time, wastage of materials, and the overall cost. This will in turn, drive the adoption of 3D printing in aerospace manufacturing.

Competitive landscape and key vendors

The commercial aircraft heat transfer and fluid management system market is quite competitive and the vendors compete based on factors such as the product price, reliability, and quality. The increase in competition is inducing vendors to offer cost-efficient and superior quality solutions for new-generation engines.