Aircraft Filters Market to Reach USD 13.6 Billion by 2027 | CAGR 7.2% – Forencis Research

Aircraft Filters Market - Global Industry Analysis and Forecast 2020 to 2027

Global Aircraft Filters Market: Key Highlights

  • According to the new market research report Aircraft Filters Market by Type (Air, Liquid) Application (Engine, Avionics, Hydraulics Systems, Oil & Lube Filters, Cabin, Others), by End Use (Military, Business, Commercial, Others), by Region (Asia Pacific, Europe, Middle East & Africa, South America, North America) – Global Forecast (2020 to 2027)”, the global Aircraft Filters market is estimated to reach USD 13.6 Billion by 2027 at a CAGR of around 7.2% during the review period.
  • Aircraft filters are the devices who supplies clean and fresh air by removing contaminants such as glass, ash, rubber, and sand.
  • The aircraft filters are divided into two types: air and liquid. These two types are used for various applications such as Engine, Avionics, Hydraulics Systems, Oil & Lube Filters, and Cabin among others.

Aircraft Filters Market

Global Aircraft Filters Market: Key Market Dynamics

  • Short replacement cycle of aircraft filters and growing aircraft industry in Asia-Pacific will drive the aircraft filters market during the forecast period.
  • Moreover, growing aircraft industry in Asia-pacific will create an opportunity for the market during assessment period.
  • However, regulatory norms will create a challenge for the market during growth period.

Request Sample PDF Here: https://www.forencisresearch.com/aircraft-filters-market-sample-pdf/

Global Aircraft Filters Market: Regional Overview

  • North America

The North America is expected to dominate the aircraft filters market during growth period. High presence of aircraft manufacturers and increasing demand for lightweight aircraft will drive the aircraft filters market during growth period. US and Canada will drive the aircraft filters market in North America region. The US Aerospace and Defense (A&D) industry is the world’s leading innovator and producer of technologically advanced aircraft, space and defense systems and supports one of the largest high-skill and high-wage workforces in the nation.

  • Asia-Pacific

Asia-Pacific is expected to grow at faster rate during growth period. China and India will drive the overall aircraft filters market in APAC region. According to IATA, Asia Pacific will be the biggest driver of demand from 2015 to 2035 with more than half of the new passenger traffic coming from the region. China will replace the US as the world’s largest aviation market around 2024. India will displace the UK for third place in 2025, while Indonesia and Japan will be ranked 5th and 7th respectively. By 2035, an additional 1.8 billion annual passengers will be transported to, from and within Asia Pacific for an overall market size of 3.1 billion. The region will also grow by 4.7% annually. Hence, APAC region will grow at faster rate in aircraft filters market. 

Global Aircraft Filters Market: Key Players Overview

  • Pall Corporation:

Pall Corporation is a filtration, separation and purification leader providing solutions to meet the critical fluid management needs of customers across the broad spectrum of life sciences and industry. Pall works with customers to advance health, safety and environmentally responsible technologies. For aircraft filters, the company provide cabin air filters solutions for commercial aircraft. In March 2019, the company Obtains FAA PMA Approved and Extend Its Advanced Cabin Air Filters (A-CAF) Product Line to The Boeing 737, 757 And 777.

  • PARKER HANNIFIN CORP:

Parker’s engineering expertise and broad range of core technologies like electromechanical, hydraulic and pneumatic with a full complement of fluid handling, filtration, sealing and shielding, climate control, process control and aerospace technologies uniquely positions the company to help solve the world’s greatest engineering challenges. The company partners with its customers to increase their productivity and profitability. With focus primarily on business opportunities in the areas of energy, water, agriculture, environment, defense, life sciences, infrastructure and transportation, Parker has been consistently increasing its presence in these sectors. In this market, the company engages in the provision of aviation fuel filtration vessels and aviation filter cartridges.

About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of market research reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets.

Our robust research methodology is designed to constantly map the high growth markets in various industries. This facilitates enhanced decision-making capabilities to our clients. Our robust research methodology is designed to constantly map the high growth markets in various industries. This facilitates enhanced decision-making capabilities to our clients. We strive to help our clients to foray into uncharted space to attain increased revenue growth for the present as well as the future.

Contact Us:

FORENCIS RESEARCH

USA
Aurora
CO 80014

Phone: +1 (720) 306 9020

Email: sales@forencisresearch.com

Website: www.forencisresearch.com

Rep Id : AnD 095

Published : 2020-09-21