Market Overview:
The global aircraft oil filters market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to register a CAGR of 5.1% over the forecast period (2018-2030), according to a new study by Transparency Market Research (TMR). The growth of the market can be attributed to the increasing demand for commercial aircraft across the globe. In terms of type, the OEMs segment is expected to account for a major share of the global aircraft oil filters market in 2018. This can be attributed to increasing demand from original equipment manufacturers (OEMs) for high-quality oil filters that meet stringent aviation industry standards. In terms of application, propeller aircraft is expected to account for a major share of the global aircraft oil filters market in 2018. This can be attributed rising demand from airlines and other end users operating propeller-driven commercial and military Aircraft across regions such as North America, Latin America, Europe Asia Pacific and Middle East & Africa .
Product Definition:
An aircraft oil filter is a device designed to remove contaminants from engine oil, transmission fluid, and hydraulic fluid. The importance of aircraft oil filters is that they protect the engine by removing debris and other foreign materials that could cause damage.
OEMs:
OEMs stands for original equipment manufacturer and it's a company that manufactures the product directly as opposed to an assembly plant where the products are assembled from various other OEMs. The major difference between OEM and OE is that in case of OEM, the responsibility for designing & producing goods lie with them whereas in OE, some products are designed by others and they get branded under their name due to their superior quality.
Aftermarket:
Aftermarket is the second hand or third hand market for consumer durable goods. Aircraft oil filters are considered as one of the consumer durables and thus, aftermarket has a major role in aircraft oil filter industry.
The demand for new filters is much higher than the supply due to stringent regulations regarding disposal and recycling of used ones which leads to high prices.
Application Insights:
The propeller aircraft application segment led the global aircraft oil filters market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for general aviation propeller driven aircraft as they are more economical than jet engines. General aviation includes all-purpose, business, charter, and air taxi types of flying clubs that provide services for both commercial and leisure travelers on a scheduled basis. These types of operations account for nearly 90% of the total market share on a global scale owing to their economic nature compared with jets which has resulted in an increased demand for prop engine oil among general aviators across the world.
The others application segment comprises helicopters and military aircraft including bombers, fighters & rotary fixed-winged airplanes/helicopters etc.
Regional Analysis:
Asia Pacific aircraft oil filters market is expected to grow at the highest CAGR of XX% over the forecast period, owing to rapid industrialization and increasing GDP per capita in emerging economies such as China and India. The growth can be attributed to rising disposable income coupled with a rise in consumer awareness regarding fuel economy.
The Middle East & Africa region is anticipated to witness substantial growth over the next eight years owing to increasing government investments in aerospace activities, especially relatedto rotorcraft manufacturing for domestic consumption and export purposes. In addition,the growing popularity of air travel across countries such as South Africa has increased demand for aftermarket aircraft oil filters due their high durability comparedto OEMs products which are more prone to damage during shipment or transit passengers baggage handling etc., thereby driving regional market growth.
North America was estimated at USD X million in 2016.
Growth Factors:
- Increasing demand for air travel: The number of passengers travelling by air is increasing every year. This is driving the demand for aircraft oil filters, as they are essential for the proper functioning of an aircraft engine.
- Technological advancements: Aircraft oil filters are becoming more and more sophisticated with each passing day, thanks to technological advancements. This is helping to improve their performance and efficiency, which in turn is boosting the market growth.
- Stringent safety norms: Airlines are increasingly becoming aware of the importance of adhering to stringent safety norms while operating aircrafts. This has led to an increase in demand for high-quality aircraft oil filters that meet all regulatory requirements.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Oil Filters Market Research Report
By Type
OEMs, Aftermarket
By Application
Propeller Aircraft, Jet Aircraft, Rotorcraft, Others
By Companies
Tempest A/Accessories, Rolls Royce, PTI Technologies, Piper Aircraft, Miscellaneous Filters, Lycoming, Champion Aerospace, Cessna Aircraft, Camguard Oil Additive, Aircraft Spruce
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Oil Filters Market Report Segments:
The global Aircraft Oil Filters market is segmented on the basis of:
Types
OEMs, Aftermarket
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Propeller Aircraft, Jet Aircraft, Rotorcraft, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tempest A/Accessories
- Rolls Royce
- PTI Technologies
- Piper Aircraft
- Miscellaneous Filters
- Lycoming
- Champion Aerospace
- Cessna Aircraft
- Camguard Oil Additive
- Aircraft Spruce
Highlights of The Aircraft Oil Filters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- OEMs
- Aftermarket
- By Application:
- Propeller Aircraft
- Jet Aircraft
- Rotorcraft
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aircraft Oil Filters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aircraft oil filters are a type of filter used in aircraft engines. They are made from a variety of materials, including paper, cloth, or metal. Aircraft oil filters remove dirt and other debris from the engine oil before it is sent to the engine.
Some of the key players operating in the aircraft oil filters market are Tempest A/Accessories, Rolls Royce, PTI Technologies, Piper Aircraft, Miscellaneous Filters, Lycoming, Champion Aerospace, Cessna Aircraft, Camguard Oil Additive, Aircraft Spruce.
The aircraft oil filters market is expected to grow at a compound annual growth rate of 5.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Oil Filters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aircraft Oil Filters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Oil Filters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aircraft Oil Filters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aircraft Oil Filters Market Size & Forecast, 2018-2028
4.5.1 Aircraft Oil Filters Market Size and Y-o-Y Growth
4.5.2 Aircraft Oil Filters Market Absolute $ Opportunity
Chapter 5 Global Aircraft Oil Filters Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aircraft Oil Filters Market Size Forecast by Type
5.2.1 OEMs
5.2.2 Aftermarket
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aircraft Oil Filters Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aircraft Oil Filters Market Size Forecast by Applications
6.2.1 Propeller Aircraft
6.2.2 Jet Aircraft
6.2.3 Rotorcraft
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Oil Filters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aircraft Oil Filters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aircraft Oil Filters Analysis and Forecast
9.1 Introduction
9.2 North America Aircraft Oil Filters Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aircraft Oil Filters Market Size Forecast by Type
9.6.1 OEMs
9.6.2 Aftermarket
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aircraft Oil Filters Market Size Forecast by Applications
9.10.1 Propeller Aircraft
9.10.2 Jet Aircraft
9.10.3 Rotorcraft
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aircraft Oil Filters Analysis and Forecast
10.1 Introduction
10.2 Europe Aircraft Oil Filters Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aircraft Oil Filters Market Size Forecast by Type
10.6.1 OEMs
10.6.2 Aftermarket
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aircraft Oil Filters Market Size Forecast by Applications
10.10.1 Propeller Aircraft
10.10.2 Jet Aircraft
10.10.3 Rotorcraft
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aircraft Oil Filters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aircraft Oil Filters Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aircraft Oil Filters Market Size Forecast by Type
11.6.1 OEMs
11.6.2 Aftermarket
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aircraft Oil Filters Market Size Forecast by Applications
11.10.1 Propeller Aircraft
11.10.2 Jet Aircraft
11.10.3 Rotorcraft
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aircraft Oil Filters Analysis and Forecast
12.1 Introduction
12.2 Latin America Aircraft Oil Filters Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aircraft Oil Filters Market Size Forecast by Type
12.6.1 OEMs
12.6.2 Aftermarket
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aircraft Oil Filters Market Size Forecast by Applications
12.10.1 Propeller Aircraft
12.10.2 Jet Aircraft
12.10.3 Rotorcraft
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aircraft Oil Filters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aircraft Oil Filters Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aircraft Oil Filters Market Size Forecast by Type
13.6.1 OEMs
13.6.2 Aftermarket
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aircraft Oil Filters Market Size Forecast by Applications
13.10.1 Propeller Aircraft
13.10.2 Jet Aircraft
13.10.3 Rotorcraft
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aircraft Oil Filters Market: Competitive Dashboard
14.2 Global Aircraft Oil Filters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tempest A/Accessories
14.3.2 Rolls Royce
14.3.3 PTI Technologies
14.3.4 Piper Aircraft
14.3.5 Miscellaneous Filters
14.3.6 Lycoming
14.3.7 Champion Aerospace
14.3.8 Cessna Aircraft
14.3.9 Camguard Oil Additive
14.3.10 Aircraft Spruce
