Air filters are used to filter the incoming air by trapping particulates such as dust, pollen, mold, smoke, debris, and bacteria from the air. These filters are used in a wide range of applications wherein air quality is crucial. In a buildings, HVAC system, air filters are a tangible way to improve IAQ, energy efficiency, and performance of the HVAC system. Air filters work as a defensive component by capturing pollutants generated within a building as well as pollutants from the air drawn into a building through the HVAC system.
Hospitals and other healthcare facilities highly maintain the indoor air quality (IAQ). This drives the purchase volume of air purification systems. The air purification system helps in the removal of infectious bacteria, dust, pollen grains, and other fungal spores and prevents the contamination of the air supply. Proper air filtration not only protects the patients but also protect the equipment and processes. Research analysis on the global HVAC air filter market identifies that the growth in the healthcare industry will be one of the major factors that will have a positive impact on the growth of the market. The growth in the aging population and increasing investments are driving growth in the healthcare sector. The number of hospitals is increasing due to the rising need for medical services. This in turn, will boost the demand for the HVAC air filters in various healthcare facilities.
The HVAC air filter market is diversified and characterized by the presence of international and regional vendors. New vendors find it difficult to compete against existing global vendors in terms of product variety, quality, features, and services. The increase in the product portfolio, technological innovations, and strategic mergers and acquisitions will strengthen the competitive scenario of the HVAC filters market.
The Global HVAC Air Filter Market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
In the global HVAC Air Filter Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
3M
Camfil
DAIKIN INDUSTRIES
FläktGroup
Parker Hannifin
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
HEPA
Electrostatic Precipitator
Activated Carbon
Ionic Filters
Others
In Market segmentation by applications :
Non-Residential
Residential
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the HVAC Air Filter Market for the forecast period 2020 - 2026?
• What are the driving forces in the HVAC Air Filter Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the HVAC Air Filter industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?