Market revenue in 2023 | USD 58.8 million |
Market revenue in 2030 | USD 96.8 million |
Growth rate | 7.4% (CAGR from 2023 to 2030) |
Largest segment | Dust collection filters |
Fastest growing segment | HEPA Filters |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Dust Collection Filters, Mist Collection Filters, Fume Collection Filters, HEPA Filters |
Key market players worldwide | Honeywell International Inc, Daikin Industries Ltd, Danaher Corp, Donaldson Co Inc, SPX Technologies Inc, Lydall, Alfa Laval AB, Parker Hannifin Corp |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial air filtration market will help companies and investors design strategic landscapes.
Dust collection filters was the largest segment with a revenue share of 41.67% in 2023. Horizon Databook has segmented the South Africa industrial air filtration market based on dust collection filters, mist collection filters, fume collection filters, hepa filters covering the revenue growth of each sub-segment from 2018 to 2030.
Industrial air filtration market in South Africa is expected to witness significant growth over the forecast period owing to the rising industrial activities in the country. According to the World Bank, the manufacturing output accounted for a share of 12% of the total GDP of the country in 2021, thereby witnessing a growth of 6.5% compared with the manufacturing output of South Africa in 2020.
The expanding industrial infrastructures, increasing FDIs, surging government initiatives, and ongoing technological developments related to industrial sector are expected to positively drive the demand for industrial air filtration in South Africa.
This, in turn, is anticipated to lead to the growth of the market in the country over the forecast period. For instance, the national strategy introduced by the Government of South Africa focuses on the Industry 4.0 revolution.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa industrial air filtration market , including forecasts for subscribers. This country databook contains high-level insights into South Africa industrial air filtration market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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