Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 430.56 Million | USD 554.38 Million | 3.21% | 2022 |
The global fan filter unit market size was worth around USD 430.56 million in 2022 and is predicted to grow to around USD 554.38 million by 2030 with a compound annual growth rate (CAGR) of roughly 3.21% between 2023 and 2030.
A fan filter unit (FFU) is an air-filtering device. Integrated with a motor and fan, it is essentially a diffuser with filtered laminar flow. FFU is extensively used for air purification in laboratories, cleanrooms, microenvironments, and medical facilities through air recirculation after the removal of airborne harmful particles. The fan filter unit can be either installed on the floor grid or the system's ceiling. Large facilities tend to require an equally large number of fan filter units ranging between hundreds to thousands. The most extensive applications of FFU can be found majorly in three types of settings that are pharmaceutical compounding areas, hospital pharmacies, and sensitive manufacturing facilities such as production sites for microelectronic items.
Fan filter units can be designed in retrofit settings as well as new facilities. In the former method of application, additional fan power may be required to counter the filter pressure drop. The three most widely used fan filter unit sizes are 2 ft * 2 ft, 2 ft * 4 ft, and 2 ft * 3 ft. There are two main types of FFUs available in the market that are high-efficiency particulate air (HEPA) FFUs and ultra-low particulate air (ULPA) filters.
Growing construction of cleanrooms across industries may drive the market growth rate
The global fan filter unit market is expected to grow owing to the rising investments in the construction of modern and technologically advanced cleanrooms across industries. These facilities are specially designed facilities or spaces that have extremely low concentrations of airborne particulates which are microscopic particles of liquid and solid matter suspended in the air. Cleanrooms are well maintained in isolated spaces to avoid any form of contamination. The semiconductor and research industries are the largest contributors to the growing demand for cleanrooms. The rising investments in the semiconductor industry globally as well as the increasing conversations about expanding semiconductor production facilities to other regions apart from the currently dominant countries such as China could lead to higher investments in cleanrooms thus driving the demand for more efficient fan filter units.
For instance, in December 2023, US-based semiconductor industry giant, Micron, announced that it will make an investment of USD 2.5 billion in the growing Indian semiconductor manufacturing space. The company is expected to build a new test factory and assembly line in the Gujarat state of India. On the other hand, China is investing more resources in its already dominant semiconductor sector. In September 2023, official reports stated that the country is aiming to raise USD 40 billion in state funds in the coming years as its strategy to align with the strength of competing US firms and other businesses. These factors are projected to work in the favor of the FFU industry.
Increasing innovation in fan filter unit technology may push market demand
Companies manufacturing and supplying fan filter units are ensuring higher investments in innovation to improve product performance and efficiency. For instance, modern installations mainly rely on smart fan filter unit technologies with remote control options. Furthermore, the growing ease of installation and maintenance along with the launch of FFUs with reduced noise levels will be helpful in ensuring positive growth revenue in the global fan filter unit market during the projection period.
Increasing the availability of alternate solutions may restrict the adoption of fan filter units
The global fan filter unit industry is projected to be restricted due to the increasing availability of other air ventilating or cleaning solutions in the commercial market. Advancements in modern technology and the introduction of new air ventilation systems with higher efficiency could lead to market fragmentation.
For instance, one of the most commonly used methods of air filtration and ventilation is the use of centralized heating, ventilation, and air conditioning (HVAC) systems. Developers of substitute technologies are focusing on research & development (R&D) for improved performance thus limiting the FFU adoption rate.
Increasing applications in healthcare and drug research facilities may deliver high-growth opportunities
The global fan filter unit market is expected to witness high growth opportunities owing to the increasing application of FFU in the growing healthcare and drug research industries. The rapidly rising population rate along with the growing number of people requiring medical aid has created pressure on the global healthcare community to meet the medical needs of the common people. COVID-19 has further amplified the need to develop a robust healthcare infrastructure capable of meeting unpredictable medical contingencies. The pharmaceutical industry works in tandem with the healthcare sector.
The rising number of patients suffering from serious medical issues and an increasing number of medically-induced fatality rates have encouraged drug developers to continue researching and developing new medicines, drugs, and treatment plans. For instance, in August 2023, Aurobindo Pharma announced the launch of a triple human immunodeficiency virus (HIV) combination treatment plan for treating children, especially in middle and low-income countries. The drug is the first-of-its-kind generic medicine to be tentatively approved by the US Food and Drugs Administration (FDA) authority.
Offering customized solutions to consumers may generate high revenue
The global fan filter unit industry is projected to benefit due to the growing trend of providing customized solutions to customers. Traditionally, fan filter units were made in standard sizes and offered specific solutions. However, as modern consumer expectations and needs are evolving, FFU manufacturers must aim to achieve more flexibility thus accommodating the needs of a changing consumer set.
Changing economic conditions globally may challenge market expansion
The global fan filter unit market will be challenged by the changing economic conditions worldwide. The disruptions in the supply chain, shifting regional priorities, ongoing social-political tensions, and scarcity of raw materials may directly impact FFU industry growth trends.
The global fan filter unit market is segmented based on application, type, and region.
Based on application, the global market segments are life science and semiconductor & optical industry. In 2022, the highest growth was observed in the semiconductor & optical industry. It is one of the leading industries with modern technologies becoming heavily reliant on advanced semiconductor technologies. The microchip industry has become the backbone of all modern systems including medical devices, consumer electronics, and space exploration activities. In 2022, the global semiconductor industry was valued at over USD 600 billion.
Based on type, the global market is divided into fan filter unit with ULPA filter and fan filter unit with HEPA filter. The demand for both types of filters is high. At 0.3 microns particle size, the HEPA filter shows an efficiency of 99.99%. ULTA filters at 0.12 microns are 99.9995% efficient. The demand for either variant depends on the final expectations and needs of the user.
Report Attributes | Report Details |
---|---|
Report Name | Fan Filter Unit Market |
Market Size in 2022 | USD 430.56 Million |
Market Forecast in 2030 | USD 554.38 Million |
Growth Rate | CAGR of 3.21% |
Number of Pages | 225 |
Key Companies Covered | Huntair, Micron (M) SDN. BHD, Suzhou Environment Guard Technology, American Air Filter Company Inc, Price Industries, Pentagon Technologies, Dongguan Jihong Air Purification Equipment, Camfil, Yunfeng JinHua, Nicotra Gebhardt S.p.A., Nippon Muki, Fuji Electric Global, Bacclean, Airkey, Suzhou Zhongjian Purification Equipment, and others. |
Segments Covered | By Application, By Type, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia-Pacific to deliver the highest growth rate during the projection period
The global fan filter unit market will be led by Asia-Pacific during the forecast period. China, India, Japan, and South Korea are the leading consumers of FFUs. China, for instance, is the world’s leading contributor to the global semiconductor industry. Big Fund II, China’s leading investor, has invested more than 60 billion yuan in the last 5 years in over 40 companies operating in the semiconductor industry. Taiwan, on the other hand, is the leading distributor of all types of semiconductors including the most advanced version. In addition to this, the regional health healthcare sector is one of the fastest growing industries with higher emphasis being paid on quality medical care.
The growing population rate in addition to growth in disposable income and increased access to medical reimbursement policies may aid regional market expansion. North America is projected to register high revenue mainly driven by production adoption in the US and Canada regions. The United States is highly dominant in terms of medical research and drug development initiatives. In November 2023, Weill Cornell Medicine announced its plans to expand its research and campus foothold with the extension of its existing center across five floors of 1334 York Avenue.
The global fan filter unit market is led by players like:
By Application
By Type
FrequentlyAsked Questions
A fan filter unit (FFU) is an air-filtering device. Integrated with a motor and fan, it is essentially a diffuser with filtered laminar flow.
The global fan filter unit market is expected to grow owing to the rising investments in the construction of modern and technologically advanced cleanrooms across industries.
According to study, the global fan filter unit market size was worth around USD 430.56 million in 2022 and is predicted to grow to around USD 554.38 million by 2030.
The CAGR value of fan filter unit market is expected to be around 3.21% during 2023-2030.
The global fan filter unit market will be led by Asia-Pacific during the forecast period.
The global fan filter unit market is led by players like Huntair, Micron (M) SDN. BHD, Suzhou Environment Guard Technology, American Air Filter Company, Inc, Price Industries, Pentagon Technologies, Dongguan Jihong Air Purification Equipment, Camfil, Yunfeng JinHua, Nicotra Gebhardt S.p.A., Nippon Muki, Fuji Electric Global, Bacclean, Airkey, and Suzhou Zhongjian Purification Equipment.
The report explores crucial aspects of the fan filter unit market including detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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