The global Heating, ventilation, and air conditioning (HVAC) filters market is likely to reach value of USD 7.89 Billion by 2027, according to a current analysis by Emergen Research. This growth of the market can be attributed to the increasing awareness among people regarding deterioration of indoor air quality. Moreover, the rising need to reduce excessive dirt and debris built up in HVAC systems causing early system failure and expensive repairs is also boosting the demand for HVAC filters. Increasing research and development activities for production of high-efficiency HVAC filters, which can reduce allergens and dust, are also augmenting the market for HVAC filters.
High-efficiency particulate air (HEPA) filters are increasingly utilized in residential and commercial sectors, as they can easily trap airborne particles such as dust, mites, mold spores, pollen, and pet dander, in the air inside homes. Smokers, pet owners, asthma sufferers, and new-generation parents are increasingly adopting HEPA filters, as they can remove even the tiniest airborne particles.
The report provides detailed insights into HVAC Filters market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in HVAC Filters market size over the forecast period, 2020–2028. The report includes profiles of major HVAC Filters players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. Also included are details regarding top HVAC Filters market players, manufacturers, and vendors and the various strategies being deployed in the market and objectives for these strategies.
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Global HVAC Filters market revenue growth is primarily driven by rising focus by major companies on product portfolio expansion, entry into new and untapped domestic and international markets, rising investments my top HVAC Filters market players, manufacturers, and vendors in strategic agreements and contracts, and rapidly increasing competition in the HVAC Filters market.
In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of HVAC Filters market share contribution of these countries. In addition, HVAC Filters market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.
Top key vendors in HVAC Filters Market include are:
American Air Filter Company, Inc.,
Filtration Group Corporation,
Sogefi Group, and
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
- Technology Outlook (Revenue, USD Billion; 2017–2027)
- Electrostatic Precipitators
- Activated Carbon
- Others (Ionic Filtration and UV Filtration)
- Material Outlook (Revenue, USD Billion; 2017–2027)
- Synthetic Polymer
- End-user Outlook (Revenue, USD Billion; 2017–2027)
- Building & Construction
- Food & Beverage
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In terms of HVAC Filters market share and revenue contribution to the global HVAC Filters market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in HVAC Filters market share.
The market intelligence report on the HVAC Filters Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.
Region wise performance of the HVAC Filters industry
North America HVAC Filters market revenue growth was relatively higher than that of other regional markets in 2020. North America HVAC Filters market revenue is expected to continue to remain dominant over the forecast period, supported by robust presence of top market players, manufacturers, and vendors, and favorable government policies and norms in countries in the region.
Asia Pacific HVAC Filters market revenue registered fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific HVAC Filters market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. China is a robust hub for top HVAC Filters market players, manufacturers, and vendors, as well as easy access to raw materials and workforce at more economical costs that that of other regional markets.
Europe HVAC Filters market revenue is expected to continue to remain steady over the forecast period, attributed to changing trends in various market and robust focus on research and development initiatives by top market players, manufacturers, and vendors to expand global footprint and drive revenues and profits.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Southeast Asia
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the HVAC Filters industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the HVAC Filters market across different regions?
- Who are the major driving forces expected to decide the fate of the HVAC Filters industry worldwide?
- Who are the prominent market players making a mark in the HVAC Filters market with their winning strategies?
- Which HVAC Filters industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the HVAC Filters market?
Table of Content
Chapter 1. Methodology & Sources
1.1. HVAC Filters Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. HVAC Filters Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. HVAC Filters Market Segmentation & Impact Analysis
4.1. HVAC Filters Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. HVAC Filters Market indicators analysis
4.2.2. HVAC Filters Market drivers analysis
22.214.171.124. Rapid urbanization and industrialization
126.96.36.199. Stringent government regulations regarding carbon emissions
188.8.131.52. Increasing prevalence of respiratory diseases
184.108.40.206. Rising need to enhance indoor air quality
4.2.3. HVAC Filters Market restraints analysis
220.127.116.11. High cost associated with the maintenance of HVAC Filters products
18.104.22.168. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. HVAC Filters Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2.1. North America
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
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