NEW YORK, Jan. 31, 2023 /PRNewswire/ — The HVAC air filter market size is forecast to increase by USD 2702.82 million from 2022 to 2027, at a CAGR of 4.53%, according to the recent market study by Technavio. The growth of the market will be driven by the increasing number of data centers, demand for refurbishment and replacement of HVAC systems, and growth in the healthcare industry.
Technavio has announced its latest market research report titled Global HVAC Air Filter Market 2023-2027
Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report
The market is segmented by application (building and construction, automotive, pharmaceutical, food and beverage, and others), and end-user (non-residential and residential).
Segmentation by application (building and construction, automotive, pharmaceutical, food and beverage, and others)
To get detailed insights about inclusions and exclusions, buy the report
Technavio has extensively analyzed 15 major vendors, including 3M Co., Koninklijke Philips NV, MANN HUMMEL International GmbH and Co. KG, Parker Hannifin Corp., Samsung Electronics Co. Ltd., Lennox International Inc., Unilever PLC, Camfil AB, Carrier Global Corp., Daikin Industries Ltd., Donaldson Co. Inc., Air Filter Industries Pvt. Ltd., Fab Tex Filtration, FlaktGroup Holding GmbH, Fumex Inc., Steril Aire LLC, VIRGIS FILTERS SPA, Pearl Filtration, Air Filtration Solutions Ltd., and Airsan.
Key Benefits for Industry Players & Stakeholders –
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The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
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It also provides detailed analyses of the market’s competitive landscape and vendors’ product offerings.
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The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
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Customer landscape – Analysis of price sensitivity, adoption lifecycle, customer purchase basket, adoption rates, and purchase criteria by Technavio
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One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.
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Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
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Furthermore, market adoption rates for all regions have been covered.
Get a holistic overview of the HVAC air filter market by industry experts to evaluate and develop growth strategies. Download the Sample
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What are the key data covered in this HVAC air filter market report?
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CAGR of the market during the forecast period
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Detailed information on factors that will drive the growth of the HVAC air filter market between 2023 and 2027
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Precise estimation of the size of the HVAC air filter market and its contribution to the parent market
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Accurate predictions about upcoming trends and changes in consumer behavior
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Growth of the HVAC air filter market across APAC, North America, Europe, Middle East and Africa, and South America
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A thorough analysis of the market’s competitive landscape and detailed information about vendors
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Comprehensive analysis of factors that will challenge the growth of HVAC air filter market vendors
HVAC Air Filter Market Scope |
|
Report Coverage |
Details |
Page number |
175 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.53% |
Market growth 2023-2027 |
USD 2702.82 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
3.7 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 58% |
Key countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
3M Co., Koninklijke Philips NV, MANN HUMMEL International GmbH and Co. KG, Parker Hannifin Corp., Samsung Electronics Co. Ltd., Lennox International Inc., Unilever PLC, Camfil AB, Carrier Global Corp., Daikin Industries Ltd., Donaldson Co. Inc., Air Filter Industries Pvt. Ltd., Fab Tex Filtration, FlaktGroup Holding GmbH, Fumex Inc., Steril Aire LLC, VIRGIS FILTERS SPA, Pearl Filtration, Air Filtration Solutions Ltd., and Airsan |
Market dynamics |
Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Global HVAC Air Filter Market 2023-2027
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SOURCE Technavio