The global aerospace filter industry reached US$ 1,297.79 Million in valuation as of FY 2021. The market is projected to be valued at US$ 1,398.82 Million in 2022. Across the 2022-2032 forecast period, the market is scheduled to embark on a positive trajectory, registering a CAGR of 7.5% to reach US$ 2,964.49 Million.
Filters are now a necessary component of modern aircraft. Aerospace filters are used to provide clean air to passengers, improve aircraft performance and efficiency, and extend the useful life of aircraft. The demand for aircrafts will significantly increase in the coming years due to the rapidly expanding population around the world, particularly in developing economies, and the robust growth of the aerospace industry. The global automotive aerospace filter market is anticipated to grow as a result of these factors increasing demand for a range of aerospace filters.
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Aerospace Filter Market Insights Segmentation
By Region
• North America
• Europe
• East Asia
• South Asia
• Latin America
• Oceani
• Middle East & Africa
By Product
• Cabin Air Filters
• Avionics Filters
• Hydraulic Filters
• Engine Air Intake Filters
• Fuel Filters
• Oil & Lube Filters
• Others
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10 Prospects of the Global Automotive Aerospace Filter Market
1. By product type, liquid filters will remain sought-after in the global automotive aerospace filter market, with sales estimated to witness a steady expansion through 2022.
2. Sales of air filters in aircrafts will continue to exhibit the highest CAGR in the market throughout the forecast period.
3. Asia Pacific excluding Japan (APEJ) will continue to be dominant in the global market for automotive aerospace filters, registering an impressive expansion through 2022.
4. Between 2017 and 2022, the market for aerospace automotive filters in APEJ is anticipated to create absolute $ opportunity of around US$ 1,200 Mn.
5. Automotive aerospace filter markets in APEJ and North America are estimated to register similar CAGRs through 2022.
6. Europe will continue to be the second most lucrative market for automotive aerospace filters over the forecast period.
7. Aerospace filters will continue to witness the largest adoption for application in aircraft engines. By 2022-end, sales of aerospace filters for application in engines is estimated to account for over half share of the market, in terms of revenues.
8. Sales of aerospace filters in the aircraft’s cabin and hydraulic systems will continue to exhibit lower CAGRs as compared to that in aircraft engines over the forecast period.
9. Military end-use segment will remain dominant in the global market for automotive aerospace filters. Sales of aerospace filters in military aircrafts is expected to hold the largest revenue share of the market by 2022-end, reflecting the highest CAGR through 2022.
10. Key market players listed in the report include Donaldson Company, Inc., Amphenol Corporation, Freudenberg & Co. KG, Swift Filters, Inc., Honeywell International Inc, Porvair plc, Mott Corporation, Parker-Hannifin Corporation, Pall Corporation, and Hollingsworth & Vose Company.
Major Aerospace Filters Service Providers
• Donaldson Company, Inc.
• Freudenberg & Co. KG
• Honeywell International Inc.
• Parker-Hannifin Corporation
• Mott Corporation
• Pall Corporation
• Porvair Plc
• Swift Filters, Inc.
• Amphenol Corporation
• Hollingsworth & Vose Company
• Woodward, Inc.
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