Aircraft Filters Market Trends, Share, Size, Demand, Growth Opportunities, Industry Revenue, Future and Business Analysis by Forecast 2030
The global aircraft filters market size is expected to exhibit considerable growth because of the reduced maintenance cost of aircraft due to the implementation of the filters, shares Fortune Business Insights™ in its report, titled “Aircraft Filters Market, 2023-2030.”
Filters installed in airplanes reduce the maintenance of the aircraft by boosting flight performance and maintain the smooth functioning of all the engines, fuel pods, and other electrical systems. These devices eliminate impurities and particulates from the fuel or engine oils in the aircraft. In addition, aircraft filters are retrofitted in flights as they eliminate the possibility of viruses or any other deadly microbes from entering the interiors and provide fresh air to the passengers on board. In addition, the use of filters drastically reduces fuel consumption in airplanes and contains carbon emissions. In addition, airplane manufacturers are utilizing advanced filtration systems for maintaining a sanitized environment. For example, Embraer utilized disinfectants and sanitized the cockpit by using HEPA air-filtration systems to avoid the spread of infections.
Highlights of the Report
The report analyzes the top segments and the recent market trends. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it deeply studies the regional developments and the strategies of the key players.
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By type, the market is divided into air filters and liquid filters. On the basis of application, it is segregated into carbon air filtration systems, avionics cooling systems, hydraulic systems, fuel management systems, power generation units, and others. Based on platform, the market is segmented into commercial aircraft, business jet, and military jet. As per the end-use, it is categorized into OEM and aftermarket. It is regionally grouped into North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
Drivers and Restraints
Consistent Faith in Air Travel to Positively Impact the Market
The safety and reliability of air transport are increasing, even as the world pulls itself out from the ongoing pandemic. Flights utilize air filtration systems that rid the flight of any harmful bacteria and virus. They ensure that the passengers do not breathe contaminated air and catch infections. Furthermore, the clean air created by aircraft filters allows for the transportation of COVID vaccines and other essential medical supplies by imposing stringent regulations. For example, Embraer released guidance for the transportation of vaccines in December 2020 by using dry ice to regulate the temperature and utilizing air filtration solutions to avoid the contamination of the vaccines. Therefore, the rising use of air filters in flights is expected to aid the fight against the coronavirus and drive the market growth for the upcoming years.
However, due to the delay in aircraft deliveries because of the pandemic, the market is expected to hinder.
Presence of Key Players in North America to Propel the Market
North America is expected to dominate the aircraft filters market share for the upcoming years because of the dominant presence of several key aerospace companies in the region, such as Boeing, Bombardier, and Northrop Grumman.
The Asia Pacific market is anticipated to steadily grow because of rising consumer preference in India and China for traveling through air. In addition, because of border conflicts between China and India, there is a rise in the procurement of advanced military aircraft in the region.
Rising demand for traveling by air in Europe is expected to substantially augment the demand for aircraft filters in the region.
Key Players to Devise Crucial Strategies to Tackle Competition
Competitors have acquired other companies for expanding their range of products and gain a decisive edge in the market. For example, Parker Hannifin Corporation’s Filtration Group acquired CLARCOR Inc. in February 2017 to expand its suite of products and solution. This takeover it enabled the company to achieve a substantial market position globally. Additionally, companies are aiming to supply filtration systems to aircrafts because of the heightened risk of spreading infections in flights. For example, according to the data published by IATA the case of COVID-19 by traveling in flights are extremely rare as the aircraft filters eliminate 99.9% impurities, including viruses, and ensure a safe journey.
April 2020: Qatar Airways launched the A350 passenger and commercial aircraft equipped with HEPA filters for ensuring safe travel and boosting air quality while traveling in airplanes.
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List of Key Players Covered in the Aircraft Filters Market Report
- Parker Hannifin Corporation
- Pall Corporation
- Donaldson Company Inc
- Freudenberg Group
- Safran SA
- PTI Technologies Inc.
- Eaton Corporation
- Porvair PLC
- Recco Products
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