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    Fan Filter Unit Market Report

    Fan Filter Unit Market Report
    Report code - SR1167 Delivery - 2 Weeks
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    Fan Filter Unit Market, Dynamics, Trends, Market Analysis
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    Market Insights

    The Fan Filter Unit market is projected to grow from USD 435.1 million in 2020 to USD 514.0 million by 2026 at a CAGR of around 2.9% during the forecast period.

    Figure: Fan Filter Unit Market Size, 2020-2026 (USD Million)

    Fan-Filter-Unit-Market-Forecast

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    What is Fan Filter Unit?

    Fan filter unit is defined as type of motorized air filtering equipment. It is used to supply purified air to the laboratories, cleanrooms, hospitals and microenvironment by removing hazardous airborne particles from recirculating air. Based on type, fan filter unit can be categorized as high efficiency filter, ultra efficiency filter and coarse effect filter.

    Key Players

    Key players operating in the Fan Filter Unit market are

    • The Camfil Group (Sweden),
    • Shenzhen King Glory Purification Equipment (China),
    • Air System Components, Inc. (Krueger HVAC) (The U.S),
    • Bassaire Ltd. (UK),
    • Nicotra Gebhardt S.p.A. (Italy),
    • Fuji Electric Global (Japan),
    • Huntair, Inc. (The U.S),
    • M+W High Tech Projects UK Ltd (UK),
    • Suzhou Antai Car Transport Limited Company (China),
    • Shenzhen Blue Sea Qingyun Purification Technology Co., Ltd (China),
    • Pentagon Technologie (The U.S), and
    • Laminar Flow Inc (The U.S).

    Market Dynamics

    The growth of global fan filter unit market is primarily driven by increasing demand in various end-use industries including healthcare, food & beverage and electrical & electronics to provide clean airflow. Low installation cost of fan filter unit is another key factor propelling the market growth at a substantial rate. In addition to this, increasing investment on construction of minienvironments and special areas within ballroom clean spaces is likely to create lucrative opportunities for the players operating in the global market in the coming years.

    Segment's Analysis

    Application Trends

    By application, the fan filter unit market has been bifurcated into of healthcare, food and beverage, microelectronics and optics and others. Under these, the healthcare segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The market growth can be attributed to increasing demand for clean air in the healthcare facilities.

    Regional Trends

    By region, the market in North America accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth can be attributed to high product adoption rate and presence of key market players such as Huntair, Inc. (US) and Air System Components, Inc. (Krueger HVAC) (US).

    COVID-19 Impact on Fan Filter Unit Market

    The covid-19 outbreak posed significant challenges on the industrial sector across geographies. It impacted the growth of the fan filter unit market negatively as imposition of lockdown and trade restrictions affected the product supply and demand amid pandemic.

    Critical Questions Answered in the Report

    • What are the key trends in the Fan Filter Unit market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
    • What is the impact of COVID-19 on Fan Filter Unit market?
    • What are the key strategies adopted by the major vendors to lead in the Fan Filter Unit market?
    • What is the market share of the top vendors?

    Target Audience

    Here is the list of the group of customers that the fan filter unit market hopes to have the greatest opportunity to convert-

    • Fan filter unit distributors
    • Fan filter unit suppliers
    • Fan filter unit manufacturers
    • Logistics organizations
    • Government bodies

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The fan filter unit market size is expected to reach USD 514.0 million in the foreseeable future.

    Increasing demand in various end-use industries to provide clean airflow, Low installation cost of fan filter unit, increasing investment on construction of minienvironments and special areas within ballroom clean spaces are the factors driving the growth of fan filter unit market.

    The healthcare segment accounted for the largest market share in 2020 and is projected to register significant growth.

    The fan filter unit market is expected to witness an impressive growth of 2.9% CAGR in the coming years.

    North America accounted for the largest market share in 2020 and is projected to grow at a significant CAGR.

    Fan filter unit distributors, Fan filter unit suppliers, Fan filter unit manufacturers, Logistics organizations, Government bodies are the target audience in the fan filter unit market.