Market Overview:
The global air conditioning filter drier market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for air conditioning systems, especially in developing countries. In addition, the growing awareness about energy-efficient air conditioning systems is also contributing to the growth of this market. The global air conditioning filter drier market can be segmented on the basis of type and application. On the basis of type, it can be divided into liquid line type and suction line type. The liquid line type segment is expected to dominate the global air conditioning filter drier market during the forecast period owing to its high efficiency and low maintenance cost as compared to other types of filters available in the market. Increasing demand from developing countries;.
Product Definition:
An air conditioning filter drier is a component of an air conditioning system that is used to remove moisture and pollutants from the system's refrigerant. The filter drier helps to protect the compressor and other components of the system by removing these contaminants.
Liquid Line Type:
The liquid line type is a device used to dry the air in heating, ventilation and air conditioning (HVAC) systems. It’s major function is to prevent the formation of mold or bacteria in cooling systems. The product works by drawing moisture from the indoor air through a copper tube attached to an outdoor unit.
Liquid line types are widely used across various HVAC applications such as commercial buildings, residential buildings, industrial plants.
Suction Line Type:
Suction line type is a device used in air conditioning filter dryers to remove excess moisture from the air. It works by creating a vacuum and drawing the moistened air into the dryer. The suction line can be connected directly to an external vacuum or it can be incorporated into an HVAC system’s return ductwork.
Suction line types: In-line, side-by-side,.
Application Insights:
The industrial application segment led the global air conditioning filter drier market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to factors such as rapid industrialization, especially in developing countries like India and China, which has resulted in increased demand for air conditioners. Furthermore, increasing focus on industries from developed countries will further boost product demand over the next seven years.
Household application is expected to witness a significant CAGR of XX% from 2018 to 2030 owing to rising disposable income among consumers globally coupled with an increase in spending capacity due largely without doubt¢â‚¬â„¢s household appliances including refrigerators and washing machines that have contributed significantly towards drier sales globally over recent years.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of industry players and high disposable income. The region is expected to maintain its dominance over the forecast period due to increasing adoption of air conditioning systems coupled with rising demand for energy-efficient products. Europe accounted for a significant share in terms of revenue, driven by factors such as growing population, rapid urbanization, and changing weather conditions.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to developing economies such as China and India along with other Southeast Asian countries that are major manufacturing hubs for electronic appliances including refrigerators/freezers. Furthermore, favorable government policies encouraging investments through tax benefits are anticipated to boost regional product demand over the next eight years. Moreover, economic development has led consumers in this region towards purchasing luxury cars which require advanced cooling systems thereby driving product sales at retail stores across Asia Pacific countries including Japan and South Korea.
Growth Factors:
- Increasing demand for air conditioning systems in residential and commercial sectors
- Growing awareness about the benefits of using air conditioning filters
- Rising disposable income of consumers in developing countries
- Technological advancements in air conditioning filter driers
- Stringent government regulations to improve indoor air quality
Scope Of The Report
Report Attributes
Report Details
Report Title
Air Conditioning Filter Drier Market Research Report
By Type
Liquid Line Type, Suction Line Type
By Application
Industrial, Household, Others
By Companies
Airex Corporation, Cixi Xinfeng Machinery, Henry Technologies, Danfoss, Parker Hannifin, TSI Technologies, Fakhri Brothers
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Air Conditioning Filter Drier Market Report Segments:
The global Air Conditioning Filter Drier market is segmented on the basis of:
Types
Liquid Line Type, Suction Line Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Household, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Airex Corporation
- Cixi Xinfeng Machinery
- Henry Technologies
- Danfoss
- Parker Hannifin
- TSI Technologies
- Fakhri Brothers
Highlights of The Air Conditioning Filter Drier Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid Line Type
- Suction Line Type
- By Application:
- Industrial
- Household
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Air Conditioning Filter Drier Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An air conditioning filter drier is a device that helps to keep the air conditioning filters clean. It also helps to remove any moisture from the filters.
Some of the major players in the air conditioning filter drier market are Airex Corporation, Cixi Xinfeng Machinery, Henry Technologies, Danfoss, Parker Hannifin, TSI Technologies, Fakhri Brothers.
The air conditioning filter drier market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Air Conditioning Filter Drier Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Air Conditioning Filter Drier Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Air Conditioning Filter Drier Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Air Conditioning Filter Drier Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Air Conditioning Filter Drier Market Size & Forecast, 2020-2028 4.5.1 Air Conditioning Filter Drier Market Size and Y-o-Y Growth 4.5.2 Air Conditioning Filter Drier Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Liquid Line Type
5.2.2 Suction Line Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Household
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Air Conditioning Filter Drier Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Air Conditioning Filter Drier Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Liquid Line Type
9.6.2 Suction Line Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Household
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Liquid Line Type
10.6.2 Suction Line Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Household
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Liquid Line Type
11.6.2 Suction Line Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Household
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Liquid Line Type
12.6.2 Suction Line Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Household
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Liquid Line Type
13.6.2 Suction Line Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Household
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Air Conditioning Filter Drier Market: Competitive Dashboard
14.2 Global Air Conditioning Filter Drier Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Airex Corporation
14.3.2 Cixi Xinfeng Machinery
14.3.3 Henry Technologies
14.3.4 Danfoss
14.3.5 Parker Hannifin
14.3.6 TSI Technologies
14.3.7 Fakhri Brothers