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Hvac Filters Market 2024 Top Players United Technologies Corporation, Haier, Climaveneta, Mitsubishi, Tring, Carrier, Aux.

(, August 10, 2018 ) North America HVAC Filters Market size is estimated to exhibit considerable growth over the forecast period. Canada is estimated to be valued over USD 16 billion in 2015 and it is expected to grow at a CAGR of around 2% from 2016 to 2023. The spur in the region can be attributed to rising HVAC installations in residential as well as non-residential buildings.

HVAC filters market size is expected to grow at a CAGR of over 10% from 2016 to 2023. The industry is estimated to experience substantial growth over the forecast period. Proliferating application of these filters in construction sector is also anticipated to drive growth.

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Flourishing significance in commercial, residential and in marine construction is likely to propel industry demand. These are mainly used in order to keep the air fresh as well as to maintain its consistent circulation in the buildings. These systems can be used individually or collectively to provide filtered and hygienic air in the various facilities. In addition, these systems also facilitates in cooling, heating and also providing humidity control to any infrastructure facility. HVAC filters also helps in improvising building efficiency and facilitates in generating high revenue.

The global air filters market size is estimated to increase owing to speedy growth of the air conditioning industry in emerging nations. Flourishing construction activities in various regions is estimated to fuel the industry demand over the forecast period. Furthermore, escalating application of these filters in various market sectors namely retail industry, healthcare sector, real estate, special economic zones (SEZs), hospitality sector, metro rail as well as airports should elevate revenue significantly over the forecast period.

The global HVAC filters market can be segmented on the basis of heating, cooling, ventilation and application areas. Heating uses include furnace, heat pumps and boilers. Based on cooling the industry can be segregated as chillers, air conditioners and cooling towers. On the basis of ventilation, the industry can be segmented into air handling and treatment equipment. On the basis of application the industry is segregates as commercial, residential and industrial.
Asia Pacific HVAC filters market size is anticipated to witness intensifying growth rates owing to extreme climatic conditions along with rising construction activities in developing economies such as India and China.

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Key industry participants accumulating major HVAC filters market share include Lennox International Inc., Ebara, Broad, Media, DB, Mammoth lnc, United Technologies Corporation, Haier, CLIMAVENETA, Mitsubishi, Tring, Carrier, AUX, OSPIRIT, Ingersoll-Rand, DunAn, Hitachi, Sanyo, Gree, Shuangliang, BOSCH and Daikin Industries Ltd., TOSHIBA, TSINGHUA TONGFANG, Lennox CHIGO and YOKR among others.

Global Market Insights, Inc.

Arun Hegde


Source: EmailWire.Com

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