High competition from local players compel global participants to target niche applications
BEIJING, March 10, 2016/PRNewswire/ — Severe spells of haze-smog and concerns that the particulate matter in China is well above the approved limit of 35 micrograms per cubic meter have prompted the Government to issue new air quality standards. These standards are aimed at protecting and improving the environment as well as quantitatively analysing atmospheric environmental pollution. The stringent standards and legislations will have a direct impact on the revenue growth of the heating ventilation, air conditioning (HVAC) air filters market, especially in the high-end segment.
New analysis fromFrost & Sullivan,Chinese HVAC Filter Market(http://www.frost.com/sublib/display-report.do?id=MBBE-01-00-00-00&src=PR), finds that the market earned revenue of $840.0 million in 2014 and estimates this to reach $1.62 billion in 2022, at a compound annual growth rate of 8.5 percent. In this research, Frost & Sullivan’s analysts thoroughly examine the market segments of standard filters, high efficiency particulate air filters (HEPA), and gas phase filters.
Due to the continued transfer of worldwide manufacturing to China, the industrial sector is also one of the biggest polluters as well as adopters of air filters. The most lucrative markets are electronics, especially semiconductors and flat panel display (FDP), and pharmaceutical manufacturing. Meanwhile, the standard and gas phase segments will get a boost from the sizeable growth in the commercial and residential buildings segment.
“As a result of the vast market demand, the competitive landscape in China has been changing, with local manufactures gaining market share over international participants,” said Frost & Sullivan Energy & Environment Research AnalystGautham Gnanajothi. “As the air filter market in China is price driven, the global majors have been forced to develop new pricing strategies.”
The impact of this price pressure is felt mostly in the affordable low- and medium-efficiency filters segment, where price is a key purchasing criterion. In the high-efficiency filter segment, the price is based on the media used. Some manufacturers, mostly local, source the filter media locally, which enables them to offer economical products.
Further, the variation in price depends on the region and the intensity of competition there. For instance, the price decline over the past couple of years has been steep in South China and East China, as there are more numbers of manufacturers and therefore, competition, in those regions.
“To stave off the competition from local participants and gain an edge in the market, it is critical to target niche applications such as nuclear or biological clean rooms, which have stringent requirements,” noted Gnanajothi. “In due course, the competition from local participants will reduce, mainly for high-end filters, as certification requirements, national standards, legislation and regulations are becoming stringent.”
Manufacturers need to constantly take initiatives to educate end users on the benefits of their innovative technologies. These efforts and frequent innovations will go a long way in sustaining the rapid growth of the HVAC filter market.
Chinese HVAC Filter Marketis part of the Building Management Technologies(http://ww2.frost.com/research/industry/environment-building-technologies/building-management-technologies)Growth Partnership Service program.Frost & Sullivan’s related studies include:Transformational Trends in the Global Building Energy Management Solutions Industry, European HEMS and BEMS Market, Global Smart Gas Meters Market, Global Demand Response Trends, and Beijing Data Center Services Market Analysis. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
About Frost & Sullivan
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Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
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Top names have signed up to support the Energy Storage division of Solar Power Portal’s publisher Solar Media, which has launched a series of events and media activities for next year, targeting the UK’s nascent industry.
Germany’s market leader in the residential storage space, Sonnenbatterie, multi-national grid-scale storage developer NEC Energy Solutions, solar inverter maker SMA and “green utility” Ecotricity are just some of the big names already signed up as partners to Energy Storage.
With the involvement of the PV Tech Storage editorial team, Energy Storage has been fact-finding and meeting with stakeholders to get the clearest idea of the best ways to help the industry grow, in both PV-related and non-PV applications for energy storage.
There is a sense of urgency in the timing, as Britain’s renewable energy industry appears to be on the brink of severe cuts to policy support. Residential solar feed-in tariff (FiTs) rates are expected to be cut by as much as 87%, rendering the support mechanism essentially meaningless.
David Hunt, chief of Hyperion Executive Search, a recruitment agency specialising in renewables, told Solar Power Portal’s sister site PV Tech Storage he believed the UK solar market will be a challenging one for at least the next year and a half. Hunt was himself a solar installer in Britain before setting up Hyperion.
“Clearly the UK policy landscape for the solar sector is at present is not good, cuts to the RO [Renewable Obligations] and proposed cuts to the FiT will make the UK a difficult market for the next 12-18 months,” Hunt said.
“There may be a surprise in the consultation results coming, but the likelihood is a tough period in the UK with some closures and consolidation.”
While for the most part manufacturers, which typically spread their risk over a number of markets, are less affected, as has been seen in Germany, many solar installers and developers are now taking a closer look at energy storage. In some cases, companies have been diversifying to include storage alongside their solar offerings, or in other cases, mothballing solar operations and switching over to storage. With incentives gone, the business case for storage at household level is likely to be found in self-consuming PV power generated onsite, which would lead to savings on electricity bills over time.
“Like most companies in the renewables sector we have had to adapt, and are helping many of our clients who are doing the same,” Hunt said.
“Of course developers and installers alike are looking at other technologies to balance the loss of solar income and opportunities. Energy storage is by far the hottest topic in the industry at present, from utility scale for the developers, to domestic scale for the installers. Installers see storage as a logical step; most are in essence electrical contractors, so the technology isn’t too difficult to grasp, and many have a database of ‘low hanging fruit’ existing customers for whom they have installed solar PV, some of whom are on the highest FIT tariffs. Offering to retrofit energy storage to these is the obvious first step.”
Energy Storage events and media
There are clearly both barriers and opportunities ahead. The need to solve these and other problems, as well as offering reinforcement of the more positive aspects of the industry and to get the message out on what storage can do, for the environment and for flexibility in the electricity network, has inspired the Energy Storage team under the leadership of new division director Dan Caesar to put together a calendar of events.
Starting this week with a closed-doors steering committee discussion on Friday about the prospects for commercial-scale energy storage in the UK, the division will also go on to host Energy Storage Business Models in London in February, looking at the best ways to monetise those business models.
After that, in April, the company will host the Energy Storage Summit at Twickenham Stadium, which recently hosted matches in the Rugby Union World Cup, as well as Energy Storage 100, a celebration of the 100 most influential companies in the space.
Finally, Solar Media’s flagship show, Solar Energy UK, which is in Birmingham in the third quarter of each year, will host Energy Storage UK for the second time after a successful first outing this year.
As David Hunt of Hyperion said, there are clearly challenges in establishing an energy storage industry, both within the context of what it can do for solar and as a standalone industry. Yet despite what we have seen in the past few months in renewables policy, the UK, closing in on 9GW of installed PV generation capacity, is attracting interest from around the world for storage.
“Along with Australia the UK is certainly a key target market for storage manufacturers, certainly those with solutions for the domestic sector, such as Sonnenbatterie and Aquion (maker of the Aqueous Hybrid Ion battery),” Hunt said.
“An established base of installed PV, and a receptive and established network of distributors and installers makes entry relatively easy and attractive. There are many similarities with the UK and the German markets, and logically there is an assumption that the UK will follow suit on storage as it has on solar.”
Partners to have already signed up include Sonnenbatterie, British Solar Renewables, Ecotricity, NEC Energy Solutions, Wattstor, Green Acorn, Sunamp, Rexel, CCL components, SMA, Cumulus, ChargeSync, Hyperion, Camborne Capital and Smart Power Systems.
Solar Media is the publisher of Solar Power Portal and Next Energy News as well as the international sites PV Tech and PV Tech Storage. For more information on the Energy Storage division and related platforms and events, contact Liam Callaghan, Account Manager. Email: lcallaghan@solarmedia.co.uk
It also provides, wherever applicable and relevant, technical data of products, and sheds useful light on expected commercial production dates and current R&D status.
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Consistent with our stated policy of making available the best research material from across the globe to our ever-growing list of erudite clients, here is another report that is sure to meet their high expectations. This 2015 market research report on Global Air-conditioning Filter Mesh Market is a meticulously undertaken study.
Experts with proven credentials and a high standing within the research fraternity have presented an in-depth analysis of the subject matter, bringing to bear their unparalleled domain knowledge and vast research experience. They offer some penetrating insights into the complex world of Global Air-conditioning Filter Mesh Industry.
Their sweeping overview, comprehensive analyses, precise definitions, clear classifications, and expert opinions on applications, make this report nothing short of brilliant in its presentation and style.
Key Manufacturers listed in this report Sanxi,Tamurakoma,Apollo,Bright Star Engineers, All American Air Filters,TORAY,GOLDENSEA,LANBO,Ningbo New Century,Dirkbiel,and Haitian.
Whether one delves into the report for a regional perspective or for a bird’s eye view of a larger geographical stretch, the document presents invaluable facts and figures, news and views, on all relevant Global realities.
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It also showcases the latest market trends in the sector related to critical parameters such as technology, competition, supplies, capacity, production, price and profit.
The report, ‘Global Air-conditioning Filter Mesh Market’, also contains detailed information on clientele, applications and contact information. Accurate forecasts by credible experts on critical matters such as production, price, and profit are also found in this brilliant study.
The wide-ranging report pays due heed to the significance of industry chain analysis, and focuses on both upstream- and downstream-related variables, such as raw material and equipment on the one hand, and client surveys, marketing channels, industry trends and proposals, on the other. Crucial information on critical factors such as consumption, key regions and distributors, and raw material suppliers are also included in this priceless study.
Finally, like every report we put up on Orbis Research, which is the handiwork of thoroughbred professionals, this report, ‘Global Air-conditioning Filter Mesh Market’, also ends with a SWOT analysis, and analyses on investment feasibility and returns, not to mention development trends and forecasts. It is our conviction that any serious seeker of knowledge and truth, irrespective of whether his or her pursuit is commercial or academic, will greatly benefit from the wealth of information that is contained in this report.
Major Points From Table Of Contents: Chapter One: Industry Overview Chapter Two: Manufacturing Cost Structure Analysis of Air-conditioning Filter Mesh Chapter Three: Technical Data and Manufacturing Plants Analysis Chapter Four: Production Analysis of Air-conditioning Filter Mesh by Regions, Technology, and Applications Chapter Five: Sales and Revenue Analysis of Air-conditioning Filter Mesh by Regions Chapter Six: Analysis of Air-conditioning Filter Mesh Production, Supply, Sales and Market Status 2010-2015 Chapter Seven: Analysis of Air-conditioning Filter Mesh Industry Key Manufacturers Chapter Eight: Price and Gross Margin Analysis Chapter Nine: Marketing Trader or Distributor Analysis of Air-conditioning Filter Mesh Chapter Ten: Development Trend of Air-conditioning Filter Mesh Industry 2015-2020 Chapter Eleven: Industry Chain Suppliers of Air-conditioning Filter Mesh with Contact Information Chapter Twelve: New Project Investment Feasibility Analysis of Air-conditioning Filter Mesh Chapter Thirteen: Conclusion of the Global Air-conditioning Filter Mesh Industry 2015 Market Research Report
An air filter is used to purify the air of unwanted waste materials such as dust and microbes. The most common types of air filters usually consist of a filtering material, sealant, frame, faceguard, and a gasket.
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Air purifiers, also known as air cleaners, are devices with the ability to absorb or decompose air pollutants such as allergens, bacteria, decoration pollution, PM2.5, dust, formaldehyde, odors, pollen, and others.
Industrial analysts forecast the residential air purifiers market in China to grow at a CAGR of 10.24% and 10.64% in terms of revenue and volume, respectively, over the period 2014-2019.
The report covers the present scenario and the growth prospects of the residential air purifiers market in China for the period 2015-2019. Based on type of purifier, the market can be segmented into four: ion exchange purifiers, activated carbon purifiers, photo catalyst purifiers, and others.
Recent report, Residential Air Purifiers Market in China 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts; it covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Increase in Health Problems Caused by Air Pollution For a full, detailed list, view our report
Market Challenge
Inability to Meet Changing Consumer Requirements For a full, detailed list, view our report
Market Trend
Technological Advances and Innovations For a full, detailed list, view our report
Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
LONDON, Jan. 5, 2015 /PRNewswire/ — Frost & Sullivan estimates that global solar market revenues will grow between 2014 and 2020 despite the economic uncertainty in the global markets. A number of government sponsored initiatives are expected to boost the proportion of energy coming from ‘green sources’ and political willingness will also be a key driver of this market.With climate change high on the agenda for most governments, renewable energy has come to the forefront as one of the solutions proposed to combat global warming. Incentive mechanisms are also an important factor encouraging investments for the growth of the solar power market.
Key Findings
-Frost & Sullivan estimates that the global solar market revenue decreased by % in 2013 compared to the previous year. Market revenue is estimated to reach $ billion in 2020 growing at a compound annual growth rate (CAGR) of %. The market is expected to follow a positive growth pattern throughout the forecast period despite economic uncertainty in the global market.
-As a result of significant overcapacity and price decline of photovoltaic (PV) modules, the market registered negative growth in 2013 and larger global suppliers of PV panels struggled to make a profit, with some of them filing for bankruptcy.
-In 2013, the industrial and public projects segment accounted for the majority of the annual installed capacity at % and will be the fastest-growing segment for annual capacity installed at a CAGR of %.
-One of the key drivers for this market has been defining the structure of feed-in tariffs (FiTs) for solar PV-generated power. Favourable legislation should continue to propel the growth of the industry as a whole.
-A number of government-sponsored initiatives are expected to boost the proportion of energy coming from green sources, and political willingness will also be a key driver of this market throughout the forecast period. With climate change high on the agenda for most governments, renewable energy has come to the forefront as one of the solutions proposed to combat global warming.
Growth in the solar power market is impacted by the level of insolation that a region receives. Insolation is defined as the amount of solar energy reaching the earth, which is usually strongest on and around the equator and is measured in kWh/m/day.
-Higher latitudes have lower insolation levels, therefore, some regions are unattractive markets for solar PV.
Key Findings
(continued)-According to the European Photovoltaic Industry Association (EPIA), ”China and India will lead the way as PV prices fall and economies rapidly develop in countries located ±° around the equator.” China and India have become the most attractive markets over the last years. Most large PV module manufacturers are building up their capabilities with tie-ups and alliances in these countries. Increased investment into this market is a result of the likely introduction of FiT systems, adequate solar radiation, and increasing awareness of renewable technologies.-With increased technological efficiency, the cost of generating solar energy has decreased significantly, though the installation and maintenance costs still remain relatively high. Therefore, incentive mechanisms are an important factor encouraging investments for growth of the solar power market.-The reduction of emissions from greenhouse gases (GHGs) and other pollutants is a priority for many countries, while energy efficiency is one of the most cost-effective ways to enhance security of energy supply. In many ways, energy sufficiency is one of the drivers impacting growth of the solar power market.-The competitive landscape of the solar power market has been extremely dynamic with companies registering high growth at one point and declaring bankruptcy a few years later.-Low manufacturing costs in Asia, particularly China, have resulted in the liquidation of some industry pioneers such as BP Solar, Photowatt (one of the first PV companies to become profitable), and Evergreen Solar (which closed its solar division, as was the case for BP). Q-Cells also closed down (although it was later rescued by BMW heir, Quandt). Suntech declared bankruptcy in March 2013.-However, the market currently looks quite buoyant and Frost & Sullivan expects the market revenue to reach $ billion in 2014, an increase of % over 2013.
Vacuum cleaner specialist Godfreys is making a $78 million entry to the share market to help fund its development of new high-tech cleaners.
The 83-year-old company wants to capitalise on a growing demand for advanced and health-focused products, such as bagless vacuums, air filters for allergy sufferers and robotic cleaners.
“In 2006, 75 per cent of our business was vacuum cleaners, and today it is just over 50 per cent,” managing director Tom Krulis said.
“So the cleaning category generally has a lot of growth, in terms of the products that are being developed worldwide.
“We’re following these trends, we’re innovating, we’re tooling up, we’ve got our own design team … and we’re passionate about delivering new products to the market.”
Mr Krulis and his management have overhauled the company since taking it back from private equity owners in 2011.
Godfreys was established during the Depression by Godfrey Cohen, who quickly went from selling vacuum cleaners in his father’s furniture store to his own setup in Melbourne’s Prahran market.
It now designs and makes it own cleaners, and holds the exclusive sales licence for Hoover, operating from 209 stores in Australia and New Zealand.
That network is expected to grow by at least 10 stores every year, Mr Krulis said.
Godfreys is offering more than 28 million shares priced at $2.75 each to raise $77.7 million, and expects those shares to begin trading on the share market on December 10.
It expects to make a net profit of $12.8 million in the 2014/15 financial year, up from $5.7 million in 2013/14.
ReportsnReports.com adds Global Smart Solar Market 2014-2018 and Smart Solar Market [Communication, RFID, Automation, Metering, Automated Meter Reading, Solar Meter, Intelligrid, Integration and Platform Monitoring, IT & Analytics]: Global Advancements, Trends, Market Forecasts and Analysis (2013 – 2018) research reports to its store.
The Global Smart Solar Market 2014-2018 research report forecasts the industry to grow at 18.4% CAGR during 2013-2018. Smart solar is the advancement in the existing solar energy technology system. This technology provides enhanced integration, support, communication, distribution, monitoring, and planning capabilities in the energy delivery systems. The introduction of such enhanced technologies in components and services has led to an increase in the demand for smart solar systems. Complete report is available at http://www.reportsnreports.com/reports/312548-global-smart-solar-market-2014-2018.html .
The smart solar market can be segmented into two divisions: Solutions and Components and Reporting. This report, Global Smart Solar Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Smart Solar market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. Supported with 38 exhibits, this research helps answer questions like: What will the market size be in 2018 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
Companies discussed in Global Smart Solar Market 2014-2018 research report include ABB, ECHELON, First Solar, GE Energy, Schneider Electric, Siemens, SunPower, Landis+Gyr, Silver Spring Networks, Trilliant and Urban Green Energy. Order a copy of this research at http://www.reportsnreports.com/Purchase.aspx?name=312548 .
The second report Smart Solar Market [Communication, RFID, Automation, Metering, Automated Meter Reading, Solar Meter, Intelligrid, Integration and Platform Monitoring, IT & Analytics]: Global Advancements, Trends, Market Forecasts and Analysis (2013 – 2018) says the industry is expected to grow from $6.51 billion in 2013 to $15.34 billion by 2018, at an estimated Compound Annual Growth Rate (CAGR) of 18.7% from 2013 to 2018. The recent trend in the industry shows that there is a high demand for energy management solutions and demand response services across verticals. There have been innovations in components, solutions, services and applications across verticals of smart solar. The market is driven by advancements in technology and its adoption, which is fast resulting in the sophisticated mechanisms. As there is a tremendous market opportunity, most of the companies are providing complete package involving components deployment to the consulting services.
Most of the industries and commercials are extensively using smart solar applications across their respective industries, big players and start-up companies are shifting towards smarter technology and its solutions to meet the requirements of today’s business and customer needs. The introduction of enhanced technologies in components such as smart meters, grid intelligent components is giving boost to the adoption of smart solar components, solutions and services across various verticals such as utility, government and public affairs, healthcare, construction, education and ‘Others’ which includes logistics, and distribution.
The smart solar market research report provides in-depth study of the driving forces, restraints and challenges for this market. It also provides insights into the strategies of key vendors. The report also analyzes global adoption trends and future growth potential across different regions. The key vendors in the smart solar market are First Solar, Sun Power, and Cooper Power Systems.
Smart solar solutions, components and services are helping users to effectively manage energy, by providing innovative ways of monitoring their energy demand. The notable market players providing sophisticated solutions and services in this domain are GE Energy, Schneider Electric, Siemens, HCL Technologies, Itron, Intergraph, and Echelon.
This report segments the smart solar market by smart solar components, smart solar solutions, and smart solar services, verticals and geographical regions. Companies profiled in this research include ABB, Aclara Software, BPL Global LTD, Calico Energy Services, Echelon Corporation, GE Energy, HCL Technologies, Itron INC, Landis+Gyrag, Schneider Electric, Sensus, Siemens, Silver Spring Networks, INC, Trilliant, INC and Urban Green Energy. Order a copy of this research at http://www.reportsnreports.com/Purchase.aspx?name=267581 .
ReportsnReports.com is an online market research reports library of 500,000+ in-depth studies of over 5000 micro markets. Not limited to any one industry, ReportsnReports.com offers research studies on agriculture, energy and power, chemicals, environment, medical devices, healthcare, food and beverages, water, advanced materials and much more.
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Sandlerresearch.org adds Global Automotive Air Filters Market 2014-2018 a market research report in its store.
Dallas, TX — (SBWIRE) — 04/21/2014 — Automotive air filters are of two types: intake air filters and cabin air filters. As engine air filtration is important, most automobiles use intake air filters. They also fit easily in all types of automobiles. Cabin air filters are not pre-installed in all automobiles. They are, however, rapidly gaining preference because of the various benefits they provide (such as better mileage) and their functional performance. They are witnessing high market penetration in Japan, South Korea, and in countries in Western Europe. Other countries such as the US, China, Brazil, and Canada are also increasingly using cabin air filters.
Analysts forecast the Global Automotive Air Filters market will grow at a CAGR of 6.56 percent over the period 2013-2018. According to the report, the growth of the Global Automotive Air Filters market is driven by several factors, of which the need to reduce automobile emissions is a major one. A clogged air filter reduces the air flow to the engine, affecting the automobile’s emission control system.
Covered in this Report The report covers the present scenario and the growth prospects of the Global Automotive Air Filters market for the period 2014-2018. It presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market. It discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.
Global Automotive Air Filters Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Automotive Air Filters market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Regions - Americas - EMEA - APAC
Key Vendors - Affinia Group - Ahlstrom Corp. - Cummins Inc. - Freudenberg & Co. KG - Mann+Hummel GmbH
Other Prominent Vendors - Clarcor Inc. - Parker Hannifin Corp. - Sogefi SpA - Toyota Boshoku Corp. - Valeo SA
Key Market Driver - Reduced Emissions.
Key Market Challenge - Increased Threat of Rivalry.
Key Market Trend - Growing Demand for Cabin Air Filters.
Further, the report states that one of the major challenges in this highly fragmented and competitive market is the increased threat of rivalry. This has forced vendors to price their products competitively, affecting profitability.
Key Questions Answered in this Report - What will the market size be in 2018 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
US demand for filters will advance 3.6 percent annually to $14.5 billion in 2018. Filters are installed in a wide range of equipment and vehicles as original equipment; however, replacement (or aftermarket) demand accounts for the vast majority of filter sales. The filter aftermarket will be aided by a growing penetration of newer products — especially motor vehicle cabin air filters, diesel emissions filters, and many varieties of home air and water filters — and rising end-user awareness of their recommended service lives.
Longer lasting filters to have mixed impact
The development of filters featuring technologies that extend their useful lives will have a mixed impact on demand, boosting sales since they are priced at a premium, but also restraining demand in volume terms. Both the original equipment and replacement filter markets will be aided by regulatory changes — particularly regarding potable water quality, diesel engine emissions, and pollution from electric utilities — supporting sales of existing filters and the development of new products.
Motor vehicle market to remain largest segment
The motor vehicle market will continue to account for the largest portion of total demand, with a 27 percent share in 2018, owing to the high volume of filters sold both as original equipment and in the aftermarket. Motor vehicle filter demand will be supported by a rising number of vehicles in use and increasingly strict standards for vehicle emissions. Value growth will also benefit from the introduction and adoption of newer products, such as cabin air filters and other specialty and high value vehicle filters.
Industrial, manufacturing market to grow the fastest
Demand for filters in the industrial and manufacturing market will increase 4.5 percent annually through 2018, the fastest of any major filter market, stimulated by improved outlook for manufacturing as well as continued interest in pollution reduction and sustainability. In addition, a rebound in industrial investment, particularly for pollution control equipment to ensure that facilities meet evolving pollution standards, will support gains.
Demand for filters in the consumer and utilities markets are also projected to increase at an above average pace through the forecast period. Consumer sales are aided by concerns about the quality of indoor air and home tap water supplies. The utilities market will be driven by evolving regulations regarding potable water quality, wastewater treatment, and air pollution from electric power companies.
Fluid, engine filters to remain most common types, air filters to grow the fastest
In 2013, fluid filters (e.g., fluid power, municipal water and waste, consumer water, and industrial fluid filters) and internal combustion engine and related filters (oil filters, air intake filters, fuel filters, cabin air filters and others) accounted for 37 and 35 percent of total filter sales, respectively. However, air filters, which represented the remainder of total sales in 2013, will achieve the fastest gains through 2018, benefiting from changes in pollution regulations, improvements in manufacturing activity, rising consumer interest, and rebounding construction spending.
Study coverage
This upcoming industry study presents historical demand data (2003, 2008 and 2013) plus forecasts (2018 and 2023) by filter medium, product and market. The study also considers market environment factors, evaluates company market share and profiles 40 US industry players such as Affinia Group, CLARCOR, Cummins, Donaldson and Parker-Hannifin. Executive Summ ary 1 Summary Table Market Environmen t General Macroeconomic Environment Demographics Manufacturing Environment Consumer Spending Environment Building Construction Trends Motor Vehicle Outlook Water Use Trends Pollution Control Equipment Pricing Environmental & Regulatory Considerations Water & Industrial Effluent Regulations Air Regulations Other Regulations Market Trends Foreign Trade World Market
LIST OF TABLES & CHARTS:
1 Macroeconomic Indicators 2 Population & Households 3 Manufacturers’ Shipments 4 Personal Consumption Expenditures 5 Building Construction Expenditures 6 Motor Vehicle Indicators 7 Water Withdrawal & Use 8 Pollution Control Equipment Shipments 9 Filter Market, 2003-2013 Cht Filter Market, 2003-2013 10 Foreign Trade in Filters
FILTRAT ION TECHNOLOGY
General Conventional Filtration Technology Fluid Filtration Air Filtration Filtration Media Paper Fabric Nonwoven Fabrics Woven & Knit Fabrics Other Filter Media Activated Carbon All Others Competitive Technologies Ion Exchange Membrane Separation Distillation Photo-Oxidation Ozone Treatment Chlorine Chelating Agents & Zeolites
LIST OF TABLES & CHARTS:
1 Filter Demand by Media Type Cht Filter Demand by Media Type, 2013 2 Paper Media Filter Demand 3 Fabric Media Filter Demand 4 Other Media Filter Demand
PRODUCT S
General Fluid Filters Fluid Power Filters Industrial & Mobile Equipment Fluid Power Filters Aerospace Fluid Power Filters Other Fluid Filters Municipal & Industrial Fluid Treatment Consumer Water Treatment All Other Fluid Filters Internal Combustion Engine & Related Filters Oil Filters Light Duty Oil Filters Heavy Duty Oil Filters Air Intake Filters Light Duty Air Intake Filters Heavy Duty Air Intake Filters Fuel Filters Light Duty Fuel Filters Heavy Duty Fuel Filters
Cabin Air Filters Other Internal Combustion Engine & Related Filters Emissions Filters All Other ICE & Related Filters Air Filters Panel & Pocket Filters Low Velocity Filters High Velocity Filters Fabric Air Pollution Filters Cartridge Filters Electrostatic Air Filters Air Washer Filters Other Air Purification Filters
LIST OF TABLES & CHARTS:
1 Filter Supply & Demand Cht Filter Demand by Type, 2013 2 Fluid Filter Supply & Demand Cht Fluid Filter Demand, 2013 3 Fluid Power Filter Supply & Demand 4 Industrial & Mobile Equipment Fluid Power Filter Shipments 5 Aerospace Fluid Power Filter Shipments 6 Other Fluid Filter Supply & Demand 7 Internal Combustion Engine & Related Filter Supply & Demand Cht Internal Combustion Engine & Related Filter Demand by Type, 2013 8 Internal Combustion Engine Oil
Filter Supply & Demand 9 Internal Combustion Air Intake Filter Supply & Demand 10 Internal Combustion Engine Fuel Filter Supply & Demand 11 Internal Combustion Engine Cabin Air Filter Supply & Demand 12 Other Internal Combustion Engine & Related Filter Supply & Demand 13 Air Filter Supply & Demand Cht Air Filter Demand by Type, 2013 14 Panel & Pocket Air Filter Supply & Demand 15 Fabric Air Pollution Filter Supply & Demand 16 Cartridge Filter Supply & Demand 17 Electrostatic Air Filter Supply & Demand 18 Air Washer Filter Supply & Demand 19 Other Air Filter Supply & Demand
MARKETS
General Motor Vehicles Motor Vehicle Aftermarket Motor Vehicle Aftermarket Filter Users Motor Vehicle Aftermarket Filter Brands Motor Vehicle OEM Market Other Transportation Equipment Environmental Regulations Suppliers Utilities
Electric & Gas Utilities Market Water & Waste Treatment Market Consumer Water Aftermarket OEM Air Aftermarket OEM Industrial & Manufacturing Equipment & Products Industrial Pollution Control Other Markets
LIST OF TABLES & CHARTS:
1 Filter Demand by Market Cht Filter Demand by Market, 2013 2 Motor Vehicle Market for Filters 3 Motor Vehicle Filter Aftermarket Cht Motor Vehicle Filter Aftermarket Demand by User, 2013 4 OEM Market for Motor Vehicle Filters 5 Other Transportation Equipment Market for Filters 6 Utilities Market for Filters
7 Electric & Gas Utilities Market for Filters 8 Water & Waste Treatment Market for Filters 9 Consumer Market for Filters 10 Water Filter Demand in the Consumer Market 11 Air Filter Demand in the Consumer Market 12 Industrial & Manufacturing Market for Filters 13 Filter Demand in Industrial Equipment & Manufactured Products 14 Filter Demand in Industrial Pollution Control 15 Other Markets for Filters
INDUSTRY STRUCTURE
General Industry Composition Market Share Competitive Strategies Research & Development Distribution Marketing Mergers & Acquisitions Cooperative Agreements
LIST OF TABLES & CHARTS:
1 US Filter Sales by Company, 2013 Cht US Filter Market Share, 2013 2 Selected Acquisitions & Divestitures 3 Selected Cooperative Agreements Company Profiles
The increase in consumption of the electrical energy by two percent per year has boosted the growth of the renewable sources. By 2060, around half of the world’s electrical energy is expected to come from wind turbines stations. Wind energy is now the world’s leading growing energy source. The continuous growth in the wind energy industry can be attributed to the research and development of innovative cost-reducing technologies and concerns to the environmental issues. Power electronics in the wind turbines contributes to the largest share of power electronics market. The change in the turbine architecture and convertors with an aim at greater efficiency and reducing operations and maintenance cost is contributing to the growth of this market.
With the need of lighter, cheaper and more efficient system, there are four technologies which are best suited for handling new system requirement such as silicon IGBT, Silicon Carbide (SiC)-based devices, Super Junction (SJ) MOSFETs, and Gallium Nitride (GaN). The major applications of power electronics in wind turbine are for adjustable (variable) speed motor drives, power generation plants, and power transmission & distribution systems. They are used in making power modules, stack assembly, power converter. Power electronics used in wind turbine include passive components such as laminated busbars, connectors, power capacitors, power resistors and wind convertor components such as stack, power module, IGBT stacks, IGBT, IGCT, and SiC.
The rising demand of the full convertor is driving the market forward. Innovations and technological up-gradation is one of the factors contributing to the growth of the market. Companies such as Infineon has introduced copper into the module, for die attach and connections and also introduction of the silver into power modules by Semikron is driving the market forward. Competitive environment and need of cost grades are some of the challenges faced by the new players who are trying to enter into the market. China is the largest market for this industry. The change in industry over the period of past five years has made China the leading contributor. Asia Pacific including China is having quicker growth and is expected to be the key market in the near future. European nations hold the second largest share in driving the market forward followed by EMEA and South America.
Some of the key participants in this market include ABB, AIST, AMSC, Enercon, Fairchild, Fuji Electric, GE Wind Energy, Mersen, Methode electronics, Semikron Elektronic GmbH & Co.KG, and Vestas.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include: North America Asia Pacific Europe Rest of the World
This report provides comprehensive analysis of: Market growth drivers Factors limiting market growth Current market trends Market structure Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report This report provides pin-point analysis for changing competitive dynamics It provides a forward looking perspective on different factors driving or restraining market growth It provides a technological growth map over time to understand the industry growth rate It provides a seven-year forecast assessed on the basis of how the market is predicted to grow It helps in understanding the key product segments and their future It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments It provides distinctive graphics and exemplified SWOT analysis of major market segments
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