The research report on the global air filter cartridges by Technavio
predicts the market to post a CAGR of over 3% during the period
2019-2023.
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Technavio’s newest research report on the global air filter cartridges predicts the market to post a CAGR of over 3% during the period 2019-2023. (Graphic: Business Wire)
Data centers must maintain a consistent level of humidity, temperature,
airflow, and cleanliness to avoid overheating and equipment failure.
This has resulted in the growing demand for HVAC systems with air filter
cartridges in data centers. Air filter cartridges used in these HVAC
systems help in filtering foreign particles. Hence, the growing demand
for HVAC systems in data centers, especially in North America, Europe,
and Asia, will boost the demand for air filter cartridges.
As per Technavio, the demand for air filter cartridges from
semiconductor and nano-processing manufacturing plants will have a
positive impact on the market and contribute to its growth significantly
over the forecast period. This global
air filter cartridges 2019-2023 research report also analyzes
other important trends and market drivers that will affect market growth
over 2019-2023.
Global air filter cartridges market: Demand for
air filter cartridges from semiconductor and nano-processing
manufacturing plants
To avoid contamination of critical products, semiconductor and
nano-processing manufacturing plants are increasingly using air filter
cartridges. Air filter cartridges provide a particle and microorganism
free environment for these industries thereby helping the semiconductor
manufacturers to reduce their operating costs.
“Semiconductor manufacturers are increasingly focusing on curbing
costs to cope with the high competition in the market and offer low-cost
electronic products to consumers. The use of new technologies to develop
thin microelectronic layers, with large storage capacities requires
clean manufacturing facilities. This has necessitated the adoption of
air filter cartridges in the semiconductor and nano-processing
industries.” says a senior research analyst at Technavio.
Global air filter cartridges market:
Segmentation analysis
This research report on the air filter cartridges market segments the
market by end-user (industrial, commercial, and residential) and
geography (APAC, Europe, MEA, North America, and South America).
The industrial segment held the largest share of the air filter
cartridges market in 2018. The growth of end-user industries such as
cement, metals, textile, and paper and pulp industry are responsible for
the high growth of this segment. The stringent environmental and safety
regulations have contributed to the increased adoption of air filter
cartridges in these industries.
APAC accounted for the highest share of the market in 2018 due to the
high growth of industries in countries such as India, China, Bangladesh,
Indonesia, Vietnam, and the Philippines. The rising infrastructural
spending in commercial projects will also help in the growth of the air
filter cartridges market in this region.
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Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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