Aerospace Filters Market by Type (Liquid Filters and Air Filters), Application (Hydraulic System, Engine, Avionics and Cabin), End Use (Military, Commercial and Business), Aircraft Type, Platform, Consumption and Region - Global Forecast to 2022
Seattle, WA -- (SBWIRE) -- 03/29/2017 -- The report "Aerospace Filters Market by Type (Liquid Filters and Air Filters), Application (Hydraulic System, Engine, Avionics and Cabin), End Use (Military, Commercial and Business), Aircraft Type, Platform, Consumption and Region - Global Forecast to 2022", The aerospace filters market is projected to grow from an estimated USD 6.73 Billion in 2016 to USD 10.11 Billion by 2022, at a CAGR of 7% during the forecast period.
Browse 87 market data tables and 58 figures spread through 158 pages and in-depth TOC on "Aerospace Filters Market - Global Forecast to 2022"
Download PDF Brochure @ www.marketsandmarkets.com/pdfdownload.asp?id=263556495
Early buyers will receive 10% customization on reports.
Factors such as an increase in passenger traffic, increase in aircraft deliveries, and short replacement cycles of aerospace filters is expected to drive the aerospace filters market.
Air filters segment, by type, projected to witness the highest growth during the forecast period
By type, the air filters segment of the aerospace filters market is projected to witness the highest growth during the forecast period. Owing to the recent concerns about contiguous diseases such as Ebola, SARS, and swine flu, the air filters market has seen a tremendous growth as these filter bacteria and viruses from the aircraft cabin air.
Engine segment, by application, projected to witness the highest growth during the forecast period
By application, the engine segment of the aerospace filters market is projected to witness the highest growth during the forecast period, as engines need to be provided with clean fuel for optimum performance. These filters also need to be replaced at regular intervals of time.
Military segment projected to witness the highest growth during the forecast period
By end-use, the military segment of the aerospace filters market is projected to grow at the highest CAGR during the forecast period. The shorter replacement period of aerospace filters in military aircraft in comparison to commercial aircraft is expected to drive this segment in comparison to the other end-use segments in the aerospace filters market.
Report Details @ http://www.marketsandmarkets.com/Market-Reports/aerospace-filters-market-263556495.html
Asia-Pacific is projected to witness highest growth during the forecast period
The Asia-Pacific region is one of the fastest-growing markets in the aerospace filters market due to an increase in the number of flight hours and passenger traffic. Countries such as India and China have seen a tremendous increase in regional passenger traffic. This increase in passenger traffic and flight hours is expected to boost the demand for aerospace filters in the Asia-Pacific region during the forecast period.
Major players in the aerospace filters market include Parker Hannifin Corporation (U.S.), Pall Corporation, Donaldson, Inc. (U.S.), CLARCOR, Inc. (U.S.), and Freudenberg & Co. KG (Germany).
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
USA : 888-600-6441