HVAC Air Filter Market Increasing at 7% CAGR
PUNE, India — Analysts forecast the global HVAC air filter market to grow at a compound annual growth rate (CAGR) of 7.09 percent during the period 2017-2021, according to ReportsnReports. According to the HVAC air filter market report, one of the major drivers for this market is an increasing number of data centers.
Rising dependency on the internet and advances in technology have led to the growth of data centers. Many companies are installing data centers due to the need for increased information storage capacity for data processing. Overheating is one of the main concerns in data centers, as it affects the productivity and increases downtime. To overcome this issue, cooling systems, such as air handling units (AHUs), are provided in the data center to maintain the temperature and enhance efficiency. Therefore, growth in the number of data centers is expected to drive the demand for AHU’s, thereby driving the global HVAC air filter market.
Further, the HVAC air filter market report states one of the major factors hindering the growth of this market is the need for regular maintenance. Regular maintenance of HVAC systems proves to be expensive for consumers. Electrostatic air filters require frequent cleaning, usually more than once a month.
Publication date: 1/15/2018