The aircraft filters market is projected to grow from an estimated USD 6.73 Billion in 2016 to USD 10.11 Billion by 2022, at a CAGR of 7% during the forecast period. Base year considered for the study is 2015 and the forecast period is from 2016 to 2022.
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Report also covers competitive developments, such as long-term contracts, new product launches and developments, and research & development activities in aircraft filters market, in addition to business and corporate strategies adopted by key market players.
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2 Rank Analysis, By Key Players
3 Competitive Situations & Trends
4 Agreements & Acquisitions
6 New Product Developments
1 Attractive Opportunities in Aircraft Filters Market
2 Aircraft Filters Market, By Region
3 Aircraft Filters Market, By Aircraft Type
4 Aircraft Filters Market, By Application
5 Aircraft Filters Market, By Type
The aircraft filters market has been segmented on the basis of application into hydraulic system, engine, avionics, cabin, and others. Among these, the engine segment is estimated to be the largest in 2016.Fuel and oil filters help the operation of the engine at optimum efficiency and provide it a longer life by offering cleaner fuel and oil.
Thus the engine segment is driving the aircraft filters market.
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Asia-Pacific region is estimated to have accounted for largest share of aircraft filters market in 2016, & countries considered in region are China, India, Russia, and Japan, among others. Aviation industry in Asia-Pacific region has witnessed considerable growth over past few years, owing to an increase in passenger traffic, attractive tourist destinations, & up gradation of existing airport infrastructure.
Break-up of profile of primary participants in the aircraft filters market:
- By Company Type - Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
- By Designation – C level – 35%, Director level – 25%, Others – 40%
- By Region – North America - 45%, Europe – 20%, Asia-Pacific – 30%, RoW – 5%
Major companies profiled in Aircraft filters market report include Parker Hannifin (US), Pall (US), Donaldson (US), CLARCOR (US), and Freudenberg (Germany), among others. Agreements and acquisitions accounted for a major share of the total growth strategies adopted by the leading players in the aircraft filters market.
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The aircraft filters market on the basis of type (air filters and liquid filters), application (hydraulic system, engine, avionics, cabin, and others), end use (military, commercial, business, and others), platform (fixed wing and rotary wing), aircraft type (narrow body aircraft, wide body aircraft, very large aircraft, regional transport aircraft), and consumption (OEM and aftermarket); and maps these segments and sub segments across major regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
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