Aircraft Filters Market Was Valued at USD 8,958.6 million in 2021 Owing to Increased demand for Air travel

According to Precision Business Insights (PBI) latest report, the global aircraft filters market is valued at USD 8,958.6 million in 2021, The global aircraft filters market segmented into the following types: By Application (Hydraulic System, Engine, Avionics, and Cabin), By Filter Type (Air Filter and Liquid Filter), By Aircraft Type (Fixed Wing Aircraft and Rotary Wing Aircraft), By End User Industry (Commercial and Military), and Geography (North America, Europe, Asia-Pacific, and Rest of the World) Forecast to 2028. Key players' profiles in the aircraft filters market report are Donaldson Company, Inc., Freudenberg Group, Hollingsworth & Vose, Pall Corporation, PARKER HANNIFIN CORP, Safran, Sefar, Recco Products. Technological advancements in the aviation industry focus on increasing the safety of operations, preventing aircraft damage, and the rise in demand for air travel are boosting the growth of the aircraft filters market. In addition, concerns regarding passenger safety and increasing government spending on military aircraft across several countries are anticipated to create opportunities for players operating in the aircraft filters market. Consumers' increased preference for aircraft filter devices that can be used at home presents an opportunity for marketers.

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Hydraulic system segment Dominates the Aircraft Filters Market:
The hydraulic system segment of the aircraft filters market had the highest revenue share in 2021, and it is anticipated to increase at a CAGR of x percent from 2022 to 2028, reaching USD x Mn by 2028. The use of hydraulic systems in various applications such as flight control systems, lubrication, cooling, and others creates demand for hydraulic systems. The global aircraft filters market is mainly driven by the rising disposable income of expanding population, the short replacement cycle of aircraft filters, and the growing demand for fuel-efficient aircraft. The increasing demand for electric and alternative fuel aircraft in the global aircraft filter market is a growth limitation.

North America Leads Aircraft Filters Market:
The North American Aircraft Filters market was 33.4 percent of the entire market in 2021. The market in North America is developing, owing to major aircraft manufacturers and the launch of fresh products by industry participants, aircraft filter manufacturers, and distributors in the region. Furthermore, countries in APAC and Europe are expected to create profitable options for aviation filtration in the near future.

Strategic New Product Launches, Mergers, Acquisitions and Agreements are the key strategies adopted by market players:
Global Aircraft Filters Market further reveals that the key players increasingly adopting strategies such as launch of newer products, product launches, and long-term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, In April 2022, Parker Hannifin Corporation, the global leader in motion and control technologies, confirms that the European Commission has cleared the acquisition of Meggitt PLC conditional on full compliance with commitments offered by Parker, including the divestment of Parker's Aircraft Wheel and Brake division, located in Avon, Ohio in the United States. Parker has begun the process of selling that business. In January 2022, Pall Corporation, a leader in filtration, separation and purification technology and a Danaher operating company, launched the new SupralonTM hydraulic and lube oil filter element range, a direct upgrade for Pall's Coralon®, Ultipor® and Red1000 series filters. Supralon filter elements incorporate a new pack construction with filter media utilizing stress-resistant technology (SRT) and showcasing anti-static properties, which ultimately help protect and prolong the life of equipment in hydraulic and lube oil applications.

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Detailed Segmentation
Aircraft Filters Market is segmented based on application, filter type, aircraft type, end use, and geography.
Based on the Application, the market is segmented into the following:
• Photodynamic
• Laser
• Radiofrequency
• Others

Based on the Filter Type, the market is segmented into the following:
• Air Filter
• Liquid Filter

Based on the Aircraft Type, the market is segmented into the following:
• Fixed Wing Aircraft
• Rotary Wing Aircraft

Based on the End User, the market is segmented into the following:
• Commercial
• Military

Based on the geography, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• MEA

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