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Type: PDF
Status: Syndicate
Categories: Machinery & Equipment
Report Code : ME23
No. of Pages : 185
Cleanroom market has been persistently evolving industrial sector, that has resulted in an increased demand for cleanroom equipment across all major developing economies. Macroeconomic factors corresponding to booming industrial activities as well as up-gradation in workplace protection, and increase in safety guidelines and laws for industries in several countries are additional augmenting the sales for cleanroom equipment. Vital increase within the demand for cleanroom equipment because of growing safety considerations relating to safe and healthful industrial operations is very anticipated to drive the global cleanroom equipment market.
The South East Asia Cleanroom Technology Equipment will grow at a CAGR% of 7.9% from 2023-2030. The factors driving the market are medical device industry and advancements in cleanroom technologies. The new-age medical technology has converted the way caregivers and patients interact with each other, particularly given the shift from traditional methods to smart medicine. This is mostly owing to technological advancements and innovation in medical devices. But while companies in the market are engrossed on enabling such innovation, they also have to accommodate change in particular, in their manufacturing processes. Newer and advanced technologies necessitate the incorporation of advanced manufacturing methods, requiring contained environments, thus growing the adoption of cleanrooms
By product, the cleanroom technology equipment is sub-divided into HVAC Systems, HEPA Filters, Fan Filter Units, Laminar Air Flow Systems & Biosafety Cabinets, Air Diffusers and Showers and Other Equipment. In 2019, the HVAC systems segment accounted for the largest share of the cleanroom equipment market Pharmaceutical and biotech companies include precise control over temperature, humidity, and pressure levels during manufacturing and research activities, a task in which HVAC systems play a key role. Changes in temperature can promote the development of microorganisms or bio-contaminants. while humidity can affect the quality of drugs and also support microbial development
By application, the cleanroom technology equipment is sub-divided into Semiconductors, Electrical & Electronics, Pharmaceuticals, Food & Beverage, Aerospace, Chemicals and Other Applications. The pharmaceutical captured the largest share in 2020. Air conditioning and ventilation systems are vital elements of pharmaceutical manufacturing. The working area is sensitive to airborne contamination. which is why it is necessary to deliver adequate protection from the ingress of pollutants. The manufacturing process itself also generates fumes that need to be tired from the plant to prevent the contamination of areas in which the production takes place.
The major players in this market are Alpiq Holding AG, AZBIL CORPORATION, Ardmac Ltd, Clean Air Products Co, Labconco Corporation, Connect 2 Cleanrooms Ltd, DuPont de Nemours, Inc., Illinois Tool Works Inc. (ITW), Taikisha Ltd., Exyte AG, COLANDIS GmbH, ABN CLEANROOM TECHNOLOGY, Clean Rooms International Inc, Bouygues SA, Terra Universal Inc. and others.
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.1.1 Southeast Asia Cleanroom Technology Equipment Market, By Application, 19- (USD Million)
Cleanroom Technology Equipment Distributors
A detailed comprehensive approach has been used while estimating the market. The market research estimation is preceded by market sizing and forecasting. The research starts with the collection of data i.e. secondary research (free databases, paid databases, company websites, trade data, production data, and journals, )and primary (expert interviews). A lot of primary interviews have been conducted with key vendors and leading players in the market. Spanning the entire value chain of an industry, the information has been collected right from the raw material supplier to the end users.
The markets have been analyzed demand side and supply side in order to generate the market data and forecast. The reports are delivered by expert analysts and market researchers that help clients in understanding the complete intricacies and nuances of demand side and supply markets. Various secondary sources, databases, directories such as Factiva, Hoovers, Bloomberg Businessweek, and OneSource are being used to analyze the market. Through secondary research, crucial information such major types, application, end-users, key companies, production, consumption, export, import, major developments, merger, acquisitions, cost, pricing information, new product development, value chain, supply chain, revenues, market share analysis, growth rates, key regions, drivers, restraints, opportunities, future prospects.
Expert interviews are being conducted with the primary respondents i.e. key market players, C-level, D-level executives of the key companies, subject matter experts (SMEs) to acquire and validate crucial quantitative and qualitative information, and future market prospects.
Research Approach
The top down and bottom up approaches, market modeling according to the topic, are some of the approaches undertaken. Once the data is collected, the findings are verified by in-house leading domain experts.
Supply side market is estimated by considering various factors such as capacity, cost margin, profit margin, disruptive technologies, policies, competition and government regulation. Demand side market is analyzed by considering various customer expectation, end use trends, price, regional demands and trends, macro-economic factors and micro economic factors.
Key Data from Secondary Sources
Key Data From Primary Sources
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