Aircraft Filters Market Worth $ 1,002 Million By 2026
CHICAGO, June 17, 2021 / PRNewswire / –According to New Market Research Report “Aircraft Filters Market by Aircraft Type (Fixed Wing, Rotary Wing, Drone), Sales Channel (OEM, Aftermarket), Type (Fluid, Air), Application (Engine, Hydraulic System, Avionics, Cabin, System tire), material, region – Global forecast to 2026 “, published by MarketsandMarkets ™, the size of the global air filters market is expected to increase from $ 823 million in 2021 to $ 1,002 million by 2026, at a CAGR of 4.0% from 2021 to 2026. The market is influenced by various factors such as increasing aircraft renewals and aircraft deliveries.
Request the PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=263556495
The Aircraft Filters Market includes major players Parker Hannifin Corporation (US), Donaldson Inc. (US), Safran (France), Porvair PLC (UK) and Freudenberg & Co.KG (Germany). These actors have extended their activities in various countries, in particular North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has also had an impact on their businesses. Industry experts estimate that COVID-19 affected the production and services of aircraft filters by 7-10% globally in 2020.
The importance of hydraulic fluids in the lubrication system will drive the demand for hydraulic system segment
The hydraulic systems segment is expected to be the largest market in value. Hydraulic fluids play a crucial role in aircraft lubrication systems, creating a channel for energy transmission as well as a medium for heat transfer. Most hydraulic system failures are caused by contamination inside the systems. These systems cannot function if any of their functions are compromised. Contamination can lead to losses due to high maintenance costs, increased downtime and high replacement costs. The purpose of hydraulic filters is twofold: to keep the oil clean and to reduce routine maintenance costs. Hydraulic filters will always play a crucial role in airplanes and aircraft systems as they are needed in all functions like landing and take-off gear systems, brake systems, wings, etc. Therefore, even when electric planes become important, hydraulics would be a necessary part of their aircraft systems. The future of the aircraft filters market depends on the performance of this segment.
Air Filters Segment Expected To Experience Higher CAGR During Forecast Period
Based on the type, the air filters segment is expected to have the highest CAGR rate for the aircraft filters market during the forecast period. The growth of the air filters segment of the aircraft filters market can be attributed to 2 main objectives.
- Passenger / Crew Cabin Air Supply – The cabin air supply is an artificially controlled supply of air that ensures that the pressure and composition of the air inside the cabin / fuselage of the aircraft are kept within the required limits. Filters inside the aircraft cabin play an important role in air recirculation and filtration.
- Aircraft Engine Intake Air Supply – These filters filter the intake air needed by aircraft engines, whether reciprocating or jet engines, to purify the air and remove debris, dust or other contaminants.
Unmanned Aerial Vehicle Segment Expected to Experience Highest CAGR During Forecast Period
On the basis of the platform, the unmanned aerial vehicle segment is expected to grow at the highest CAGR rate for the aircraft filters market during the forecast period. Drones are a relatively new concept in aviation and are a hybrid version of fixed-wing and rotary-wing aircraft. These planes have a wide range of applications ranging from civilian objectives such as the delivery of goods and military objectives such as surveillance and reconnaissance to research objectives such as studying the characteristics of the landform and vegetation cover of a region. .
Browse the table of contents in depth at “Aircraft Filters Market“
603 – Tables
52 – Figures
331 – Pages
Inquiry before buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=263556495
OEM Segment Expected To Experience Highest CAGR During Forecast Period
On the basis of sales channel, the OEM segment is expected to grow at the highest CAGR rate for the aircraft filters market during the forecast period. OEMs obtain aircraft filters from their manufacturers. The restructuring of the fleets by the airlines as well as their expansion are expected to stimulate sales of new aircraft, in turn driving the demand from OEMs for filters.
Aluminum and Plastic Segments Expected to Experience Highest CAGRs During Forecast Period
On the basis of material, the Aluminum and Plastic segment is expected to grow at the highest CAGR rates for the Aircraft Filters market during the forecast period.
There are two main types of aluminum air filters:
- Temporary use air filters
- Lifetime air filters
Plastic fuel filters are manufactured for pipeline fuel delivery systems inside airplanes. These filters inhibit the ability of water particles to coalesce in a fuel filter / separator system. They also act as biofilters which remove microorganisms such as bacteria and fungi, which have the ability to thrive in jet fuel. Their growth can lead to the formation of solids which clog the fuel filters.
the North America the market is expected to contribute the largest share from 2021 to 2026
North America is expected to be the largest regional share of the aircraft filters market during the forecast period. The market is growing in North America, with the main aeronautical manufacturers, aeronautical filter manufacturers and distributors present in the region. The countries considered for the analysis of the market in this region are the United States and Canada. Aircraft filter raw material, component and assembly line manufacturing operations have been affected by the COVID-19 pandemic. Aircraft systems, which include aircraft filters, are of primary importance due to their use in the commercial and defense sectors.
The general and business aviation industry North America is one of the most developed in the world. The continued expansion of this industry and the growing demand for light aircraft and business aircraft are expected to boost the aircraft filters market in the region. As the pandemic recedes and business and tourism return to normal levels, the aircraft filters market in North America should grow steadily.
Aircraft Pumps Market by Type (Hydraulic Pumps, Fuel Pumps, Lubrication & Recovery Pumps, Water & Wastewater Pumps, Air Conditioning & Cooling Pumps), Pressure, End Use (OEM, Aftermarket), technology, aircraft type and region – Forecast to 2026
Aerospace Bearing Market by Type (Ball Bearing, Roller Bearing, Plain Bearing), Material (Metal, Metallic Polymer & Engineered Plastic, Fiber Reinforced Plastic, Ceramics), Application, Platform, Sales Channel, Region – Forecast worldwide until 2026
About MarketsandMarkets ™
MarketsandMarkets ™ provides quantified B2B research on 30,000 high growth niche opportunities / threats that will impact 70-80% of business revenues globally. Currently serving 7,500 clients worldwide, including 80% of global Fortune 1000 companies as clients. Almost 75,000 senior executives from eight industries around the world approach MarketsandMarkets ™ for their revenue decision issues.
Our 850 full-time analysts and SMEs at MarketsandMarkets ™ monitor high-growth global markets according to the Growth Engagement Model – GEM. The GEM aims to proactively collaborate with clients to identify new opportunities, identify the most important clients, write “Attack, Avoid and Defend” strategies, identify additional sources of revenue for the company and its competitors. MarketsandMarkets ™ now offers 1,500 MicroQuadrants (positioning the best players among leaders, emerging companies, innovators, strategic players) each year in emerging high growth segments. MarketsandMarkets ™ is committed to benefiting over 10,000 businesses this year with revenue planning and helping them bring their innovations / disruptions to market quickly by providing them with cutting edge research.
MarketsandMarkets’ flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for a deeper understanding of unfulfilled information as well as market size and forecasts of niche markets.
Mr. Ashish Mehra
Markets and Markets ™ INC.
630 Dundee Road
Northbrook, Illinois 60062
United States: + 1-888-600-6441
E-mail: [email protected]
Research overview: https://www.marketsandmarkets.com/ResearchInsight/aerospace-filters-market.asp
Visit our website: https://www.marketsandmarkets.com
Source of content: https://www.marketsandmarkets.com/PressReleases/aerospace-filters.asp
SOURCE Markets and Markets