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HVAC Filters Market Trends

Report ID: GMI236
Published Date: Mar 2024
Report Format: PDF

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HVAC Filters Market Trends

Technological advancements include the integration of sensors, data analytics, and Internet of Things (IoT) connectivity, which assists in instantaneous monitoring of indoor air quality, filter efficacy, and system efficiency. Smart filtration systems offer several benefits, including predictive maintenance, remote monitoring, and energy optimization. These systems can gather data and communicate with other smart home devices or smartphone apps, enabling them to track air pressure or airflow through the filter. By analysing this data, smart filtration systems can estimate the remaining filter life and alert users when it is time for a replacement.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of HVAC filters was reached USD 5.14 billion in 2023 and is expected to register over 6% CAGR from 2024 to 2032, owing to the heightened awareness about the importance of maintaining good indoor air quality worldwide.

HVAC filters industry from the metal segment recorded 43.2% share in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to its high durability and the ability to withstand harsh operating conditions.

Asia Pacific HVAC filters industry held over 45% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the poor outdoor air quality caused by various factors creating need for filters in the region.

Fortress Building Products, Inc., Honeywell International, Inc., Lennon International, Inc., LG Electronics Inc., Mann+ Hummel, Mitsubishi, Parker Hannifin Corporation, Samsung Electronics, and Trane Technologies, are some of the major HVAC filters companies worldwide.