TechNavio recognizes the following companies as the key players in the Global Air Filter Market: American Air Filter Company Inc., Camfil AB, Clarcor Inc., and Donaldson Company Inc.
Commenting on the report, an analyst from TechNavio’s team said: “Many companies in the Global Air Filter market have opted for vertical integration. Vertical Integration has helped companies to expand to a great extent. Moreover, companies acquire more control over the value chain through vertical integration. This strategy has helped companies to reduce the cost to a considerable extent. The companies are able to eliminate intermediate people and eliminate the mark-up prices. Through vertical integration companies are able to create competitive edge from the competitors.”
According to the report, one of the major growth drivers in the market is the increasing demand for energy efficient air filters. The demand of energy-efficient air filters is very high, as the energy cost is escalating globally.
Further, the report states that a major challenge in the Global Air Filter market is the declining profit margin. The Global Air Filter market is a matured market with many players. The competition between these players is highly intense. Most of the players are trying to differentiate their product by keeping price as the main differentiating factor. As a result profit margins, even for the well established companies, have decreased.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Cummins Inc., Filtration Systems Products Inc., Filtrauto S.A., Flanders Corp., and Mann Hummel GmbH.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-air-filter-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report -Global Air Filter Market 2012-2016
