Industrial High Efficiency Particulate Air (HEPA) Filters will grow by USD 619.05 million between 2022 and 2027; Growth driven by increase in distributed power generation base

NEW YORK, March 10, 2023 /PRNewswire/ — The the market for industrial high-efficiency particulate air (HEPA) filters. size is expected to increase with USD 619.05 million between 2022 and 2027. Growth momentum will accelerate by a CAGR of 5.5% during the forecast period. The growth of the market will be driven by the increase in distributed power generation base. Gas turbines form a significant part of distributed energy technologies, along with diesel and gas piston engines, solar panels, fuel cells and wind energy. The growing energy demand from large and small users has increased investments in these technologies. Therefore, the number of gas turbines in the energy sector is also growing. This increases the demand for air intake filtration systems to protect gas turbines from air pollutants. All these factors are driving the growth of the market. Charts and data tables on market and segment sizes for a historical period of five years (2017-2021) have been covered in this report. Download the test report

Technavio has announced its latest market research report titled Global Industrial High-Efficiency Particulate Air (HEPA) Filters Market 2023-2027

Technavio has thoroughly analyzed 15 major suppliers, including Air Clean Deviser Taiwan Corp., Camfil AB, Daikin Industries Ltd., Donaldson Co. Inc., Filtration Group Corp., Freudenberg SE, GVS Spa, HEPA Corp., Johnson Controls International Plc. , Komline Sanderson Corp., MANN HUMMEL International GmbH and Co. KG, MayAir Group, Nederman Holding AB, Parker Hannifin Corp., Porvair Filtration Group, Synder Filtration Inc., Troy Filters Ltd., Webasto SE, WL Gore and Associates Inc. , and Wujiang Deshengxin Purification Equipment Co. Ltd.

The market is segmented by application (air filtration, cleanroom and gas turbines), end user (commercial, industrial and residential) and geography (APAC, Europe, North America, South Americaand Middle East and Africa).

Segmentation by Application (Inclusion/Exclusion)

  • The market will observe significant growth in the air filtration segment during the forecast period. The growth of the segment is driven by the increasing demand for industrial HEPA filters from the oil and gas, power, pulp and paper, chemical and petrochemical, mining and metals, and food and beverage industries. The increasing awareness among end users about energy efficiency and environmental sustainability is also contributing to the growth of the segment.

Get a holistic view of the Industrial High Efficiency Particulate Air (HEPA) Filters market from industry experts to evaluate and develop growth strategies. Download the sample

Main benefits for industry players and stakeholders –

  • The report provides information on the criticality of the supplier’s input, including R&D, CAPEX and technology.

  • It also provides detailed analysis of the market’s competitive landscape and the suppliers’ product range.

  • The report also provides qualitative and quantitative analysis of vendors to help clients understand the broader business environment as well as the strengths and weaknesses of key market players. Data is analyzed qualitatively to categorize suppliers as pure play, category focused, industry focused and diversified; it is quantitatively analyzed to categorize suppliers as dominant, leading, strong, interim and weak.

Expand operations in the future – To get the necessary details, request a customized report.

Customer Landscape – Analysis of Price Sensitivity, Adoption Lifecycle, Customer Basket, Adoption Rates and Purchase Criteria by Technavio

  • 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.

  • Another key aspect is price sensitivity drivers (purchases are undifferentiated, purchase is a key cost for buyers, and quality is not important), which range from LOW to HIGH.

  • Furthermore, market adoption rates for all regions have been covered.

Why buy?

  • Add credibility to strategy

  • Analyzes the competitor’s offer

  • Get a holistic view of the market

Increase your profit margin with Technavio – Buy the report!

What are the key data covered in this Industrial High Efficiency Particulate Air (HEPA) Filters market report?

  • CAGR of the market during the forecast period

  • Detailed information on factors that will drive the growth of the Industrial High Efficiency Particulate Air (HEPA) Filters market between 2023 and 2027

  • Precise estimation of the size of the Industrial High Efficiency Particulate Air (HEPA) Filters market and its contribution to the parent market

  • Accurate predictions of upcoming trends and changes in consumer behavior

  • Industrial High Efficiency Particulate Air (HEPA) Filter Market Growth Across APAC, Europe, North America, South Americaand Middle East and Africa

  • A thorough analysis of the market’s competitive landscape and detailed information on suppliers

  • Comprehensive analysis of factors that will challenge the growth of Industrial High Efficiency Particulate Air (HEPA) Filters market vendors

Sign up for a free trial today and get instant access to 17,000+ market research reports.
Technavio’s SUBSCRIPTION platform

Related reports:

  • That the market for dust suppression systems is estimated to grow at a CAGR of 5.12% between 2022 and 2027. The market size is expected to increase by USD 4,123.93 million. The growth in mineral processing is particularly driving the market growth, although factors such as the high cost of dust suppression systems may hamper the market growth.

  • That HVAC air filter market is estimated to grow at a CAGR of 4.53% between 2022 and 2027. The market size is expected to increase by USD 2,702.82 million. Growth in the healthcare sector is particularly driving the market growth, although factors such as the need for regular maintenance of HVAC air filters may hamper the market growth.

Industrial High Efficiency Particulate Air (HEPA) Filters Market Scope

Report coverage

details

Page number

171

Base year

2022

Historical period

2017-2021

Forecast period

2023-2027

Growth Momentum & CAGR

Accelerating at a CAGR of 5.5%

Market growth 2023-2027

USD 619.05 million

The structure of the market

Fragmented

Annual growth 2022-2023 (%)

5.26

Regional analysis

APAC, Europe, North America, South America, and the Middle East and Africa

Execution of market contributions

APAC at 33%

Key countries

USA, China, Japan, Germany and Great Britain

Competitive landscape

Leading suppliers, market positioning of suppliers, competitive strategies and industry risks

Key companies profiled

Air Clean Deviser Taiwan Corp., Camfil AB, Daikin Industries Ltd., Donaldson Co. Inc., Filtration Group Corp., Freudenberg SE, GVS Spa, HEPA Corp., Johnson Controls International Plc., Komline Sanderson Corp., MANN HUMMEL International GmbH and Co. KG, MayAir Group, Nederman Holding AB, Parker Hannifin Corp., Porvair Filtration Group, Synder Filtration Inc., Troy Filters Ltd., Webasto SE, WL Gore and Associates Inc., and Wujiang Deshengxin Purification Equipment Co. Ltd. .

Market dynamics

Parent market analysis, market growth drivers and barriers, fast growing and slow growing segment analysis, COVID-19 impact and recovery analysis, and future consumer dynamics and market state analysis for the forecast period.

Adaptation area

If our report has not included the data you are looking for, you can contact our analysts and get customized segments.

Browse Technavios The industrial market Reports

Table of Contents:

1 Summary

2 Market landscape

3 Market size

4 Historical market size

5 Analysis of five forces

6 Market Segmentation by Application

7 Market segmentation by end user

8 Customer landscape

9 Geographical Landscape

10 drivers, challenges and trends

11 Supplier landscape

12 Supplier analysis

13 Appendix

About us

Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies 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 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive coverage, extensive research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media and Marketing Manager
USA: +1 844 364 1100
United Kingdom: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Technavio logo

Technavio logo

Cision

Cision

View original content to download multimedia: https://www.prnewswire.com/news-releases/industrial-high-efficiency-particulate-air-hepa-filters-market-size-to-grow-by-usd-619- 05 -million-between-2022-and-2027-growth-driven-by-increase-in-distributed-power-generation-base—technavio-301768130.html

SOURCE Technavio

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top
%d bloggers like this: