According to a market research report, the “Panel Filters Market by Material (Fiberglass, Synthetic), Type (Disposable, Reusable), Application (Residential, Non-Residential), Region (North America, Europe, Asia Pacific, Middle East & Africa and South America) – Global Forecast to 2027“, The Panel Filters market size is estimated to be USD 8.1 Billion in 2022 and is projected to reach USD 9.9 Billion by 2027, at a CAGR of 4.2%.Factors such as rising awareness about air quality levels, government regulation for efficient filtration, and are rising demand from non-residential sector are driving the panel filters market. Restrain for the market include rising environmental concerns with increasing air conditioners (ACs) sale causing to an increase in the air pollutants that are released during the functioning of the systems. Opportunities in panel filters markets include rapid transformation through IoT in panel filters, wherein panel filters are connected to the Internet to enable data sharing and improving operations for better efficiency, and predictive maintenance schedule. Moreover, shortage of skilled labor is challenge for panel filters markets.
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- 162 Market data Tables
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The Panel Filters market comprises major manufacturers such as Camfil AB (Sweden), AAF International (US), AFPRO Filtration Group (Netherlands), Mann+Hummel(Germany), Parker Hannifin (US), Donaldson Company (US), Freudenberg Filtration Technologies (Germany) are the key players operating in the Panel Filters market.
Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Panel Filters Market.
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Camfil AB is a leading producer of premium clean air solutions, company provide commercial and industrial systems for air filtration and air pollution management that enhance worker and equipment productivity, minimize energy use and benefit human health and the environment. The company is headquartered in Stockholm, Sweden, with manufacturing sites, R&D centres and sales offices worldwide. Company have local sales offices in 30 countries and to serve and support customers in a wide variety of industries and in communities throughout the globe. Company’s Central resources for research, laboratory testing, and product and process development are based at our world-class Tech Centre in Trosa, Sweden, just south of Stockholm.
AAF International (US) manufactures clean air products and systems. The company offers the most extensive global manufacturing capacity in the air filtration industry, and each facility is specifically designed to manufacture and test most sophisticated clean air solutions. Moreover, each facility manufactures to the relevant international quality and performance standards. The company operates business through three segments: General Ventilation Filters and Equipment, High Purity Filters and Equipment, and Gas Phase Filters and Equipment. The company has its headquarters in Louisville, Kentucky, US and maintains operations in 22 countries with more than 3,000 employees worldwide. The company is supported in its international enterprises through the resources of its parent company Daikin Industries, Ltd., based in Osaka, Japan, a diverse international manufacturing company and a world leader in air conditioning.
AFPRO Filtration Group (Netherlands) is involved in the business of manufacture and distribution of air cleaning systems. The product range of the company includes activated carbon filters, bag filters, compact filters, heavy-duty filters, HEPA filters, terminal hoods, holdings frames, panel filters, air cleaners, hoods & units catalog, and accessories. The company offers its air filter range of products for use in airports, retail, commercial buildings, food industry, pharmaceuticals industry, hospitals, hotels, schools and universities, and museums. The company filters are available throughout the world through sales offices in the Netherlands, Belgium, Germany, France, Finland, Switzerland, Poland, Australia,China and an extensive international distributor network.
