The aerospace filters market is highly competitive with and at a vast perimeter it includes an assortment of standard filter assemblies which is required to fulfill certain industry standards. Increasing modernization in aircraft paired with rising aircraft fleets supports the growth of the global aerospace filters market during the forecast period. Growing investments in the quality enhancements of aircraft will provide new opportunities to the market players operating in the aerospace filters market.
PALL CORPORATION, DONALDSON COMPANY INC., AND ESCO TECHNOLOGIES – PROMINENT MARKET PARTICIPANTS IN AEROSPACE FILTERS MARKET
The prominent market players in Aerospace filters market include Donaldson Company, Inc., Eaton Filtration, LLC, Freudenberg SE, GKN Aerospace Services Limited, Hollingsworth & Vose, Parker Hannifin Corporation, Pall Corporation, Porvair plc, Recco Products, Inc., and Safran Filtration Systems among others for a considerable share of the market owing to their product offerings to the market.
Market leaders are involved in extensive research for the development of new products with advanced technology. For instance, in 2017 Donaldson Company, Inc. has spent $59.90 million on research and development activities for product innovation and better future technologies. Similarly, Pall Aerospace completed the certification of a Boeing 737 version of their A-CAF, and in this, TUI fly would be the launch customer. It is a first product available to resolve odors and VOCs in the B737 cabin air. Subsequently, through such inventions and certifications initiatives that are undertaken by the players is expected to provide this market with lucrative growth opportunities.
Many well-known, as well as small local companies, are present in the market to provide the diversified product to its customers. The companies are adopting the strategy of partnership, contractual alliances for the deployment of new technological solutions to enhance its product portfolio and expand its footprint in different geographies. Few on the important market initiative from the industry are mentioned below:
Year | News | Country |
2019 | Lydall Performance Materials, Inc., subsidiary of Lydall, Inc. acquired gasket materials business from the Hollingsworth & Vose Company. The purchase of gasket materials business would expand the position of the company in a gasket material sector globally. | North America |
2019 | GKN Fokker in the roll-out ceremony of the first Dutch F-35 has entered into an agreement with the Pratt & Whitney for production of advanced composite parts for the F135 engine. The manufacturing would be carried out in GKN Fokker’s facility located in Hoogeveen, the Netherlands. | Europe |
2017 | Porvair plans to showcase fuel tank inerting filter technology at the Paris Air Show. The company has designed a range if filter systems which reduce chances of fuel tanks exploding. | Europe |
2019 | Donaldson Aerospace & Defense plans to deliver advanced filtration systems for the Bell 525 Relentless. It is an oil filter which keeps the engine, gearboxes, and auxiliary power unit of aircraft away from damaging effects of dust, dirt, sand, salt, and foreign objects. | North America |