The aerospace filters market was valued at US$ 1,117.1 million in 2019 and is projected to reach US$ 2,034.9 million by 2027. The Aerospace filters market is expected to grow at a CAGR of 7.8% during the forecast period of 2020 to 2027.
Increasing investments in the enhancements of the quality of aircrafts to provide new opportunities to the market players operating in the aerospace filters market. The aerospace filtration products include an assortment of standard filter assemblies that are require to fulfill certain industry standards. Increasing modernizations in aircrafts coupled with a rise in the aircraft fleets supports the growth of the global aerospace filters market during the forecast period. Contaminations including odor causing compounds, allergens, volatile organic compounds, and other particulate may enter from outside the system. Thus, air purification systems are installed for treating both the recirculated air and the outside air (bleed air). High concentration of dust, bacteria, fibers, and other microorganisms may exist in the aircraft cabin owing to large number of passengers. This creates a potential health hazard to the passengers and the crew. For avoiding this, efficient filters for filtering the hazardous contaminants are installed within the aircraft.
The global aerospace filters market is segmented on the basis of type, application, aircraft type and end-user. Based on type, the aerospace filters market is segmented into air filters, liquid, and gas filters. On the basis of application, the aerospace filters market is segmented into hydraulic system, engine, avionics and cabin. Further, the aerospace filters market is segmented on the basis of aircraft type into fixed wing aircraft and rotary wing aircraft. The aerospace filters market on the basis of the end-user is classified into commercial aircraft and military aircraft.
Lucrative Regions in Aerospace filters Market
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Aerospace filters Market Insights
Rising need for frequent replacement
The global market for aerospace filters is estimated to witness immense growth opportunities in the aftermarket pertaining to the limited life span of the filters. It is recommended that the oil filters need to be replaced in about 1 to 3 years. In case these are not replaced, the contaminants might enter the components of the aircraft and may cause a critical damage. The effective filtration in aircraft is imperative in order to assure that all the systems are free from the contaminants and can ensure reliability, safety, durability, and cost effectiveness under challenging situations. The hazardous waste, greenhouse effect, and abandoned wastes sites are the indicators of environmental gridlock. Pertaining to this, many regulatory bodies have advised to be adhere to the regulatory requirements proactively. For instance, the International Civil Aviation Organization and the Environmental Protection Agency (EPA) are formulating regulations for curbing carbon emissions from the commercial planes.
Type -Based Market Insights
The global aerospace filters market is segmented on basis of types of filters as air filters, liquid filters and gas filtration. the air filter segment led the aerospace filters market with a market share of 50%-60% in 2019. These aircraft filters are consistently witnessing significant demand from the entire ecosystem i.e. aircraft manufacturers, aircraft engine manufacturers, as well as the maintenance, repair & overhaul companies. Increasing number of aircraft orders and deliveries are pressurizing the aircraft component manufacturers to boost their production lines which is rising the adoption rate, thereby, bolstering the aerospace filters market in the current scenario..
Aerospace filters Market, by Type - 2019 and 2027
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Application -Based Market Insights
The global aerospace filters market is categorized on basis of different application such as hydraulic system, engine, avionics, and cabin among others. The filtration of air and liquids in these areas are crucial for an aircraft’s smooth operation. The cabin segment leads the market during the forecast period. In an enclosed environment like aircraft cabin, it is highly important to maintain the purity of circulating air. Aircraft cabin air filtration is one of the critical tasks for an aircraft manufacturer as well as aircraft operator. A well-maintained HEPA air filtration systems enhances the comfort ability of the passengers and crews throughout the flight.
End User -Based Market Insights
The global aerospace filters market is segmented on basis of end users as commercial and military. Due to the remarkable growth in number of commercial aircraft deliveries, majorly fixed wing aircrafts, the procurement of aircraft filters are also growing. The major aircraft manufacturers namely; Airbus, Boeing, Bombardier, and Embraer among others are witnessing significantly increased number of aircraft orders every year, which is pressurizing them to obtain large numbers of aircraft filters which is rising the revenue of the market.
Aircraft Type -Based Market Insights
The global aerospace filters market is bifurcated on basis of aircraft type as fixed wing aircraft and rotary wing aircraft. Since the past decade, the global aviation sector is witnessing tremendous growth both in terms of volume and revenues. This has resulted in significantly increase in number of aircrafts. In the current aviation scenario, the number of fixed wing aircrafts are much higher than rotary wing aircraft. The procurement trend of fixed wing aircrafts is anticipated to be exponential in the coming years, which is posing a potential opportunity for the aerospace filter developers operating worldwide.
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Aerospace Filters Market: Strategic Insights
Market Size Value in US$ 1,117.1 Million in 2019 Market Size Value by US$ 2,034.9 Million by 2027 Growth rate CAGR of 7.8% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Aerospace Filters Market: Strategic Insights
| Market Size Value in | US$ 1,117.1 Million in 2019 |
| Market Size Value by | US$ 2,034.9 Million by 2027 |
| Growth rate | CAGR of 7.8% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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Players operating in the Aerospace filters market focus on strategies, such as market initiatives, acquisitions, and product launches, to maintain their positions in the aerospace filters market. A few developments by key players of the aerospace filters market are:
In March 2019, Donaldson Aerospace & Defense plans to deliver of advanced filtration systems for the Bell 525 Relentless. It is an oil filter which keep the engine, gearboxes, and auxiliary power unit of aircrafts away from damaging effects of dust, dirt, sand, salt, and foreign objects.
In January 2019, GKN Fokker in the roll-out ceremony of the first Dutch F-35, has entered into an agreement with the Pratt & Whitney for a production of advanced composite parts for the F135 engine. The manufacturing would be carried out in GKN Fokker’s facility located in Hoogeveen, the Netherlands.
Aerospace Filters Market – by Type
- Air Filter
- Liquid Filter
- Gas Filter
Aerospace Filters Market – by Application
- Hydraulic System
- Engine
- Avionics
- Cabin
Aerospace Filters Market – by Aircraft Type
- Fixed Wing Aircraft
- Rotary Wing Aircraft
Aerospace Filters Market – by End User
- Commercial
- Military
Aerospace Filters Market – by Geography
- North America
- US
- Canada
- Mexico
- Europe
- France
- Italy
- Germany
- UK
- Russia
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
- MEA
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- SAM
- Brazil
- Argentina
- Rest of SAM
Aerospace Filters Market – Company Profiles
- Donaldson Company, Inc.
- Eaton
- Freudenberg SE
- GKN Aerospace Services Limited
- Hollingsworth & Vose
- PARKER HANNIFIN CORP
- Pall Corporation
- Porvair Pension
- Recco Products
- Safran Filtration Systems
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type ; Aircraft Type ; End- User ; and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
- Donaldson Company, Inc.
- Eaton Filtration, LLC
- Freudenberg SE
- GKN Aerospace Services Limited
- Hollingsworth & Vose
- Parker Hannifin Corporation
- Pall Corporation
- Porvair plc
- Recco Products, Inc.
- Safran Filtration Systems
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- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
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Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
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Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
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- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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