The report "Portable Filtration Systems Market by End-User (Power Generation, Manufacturing, Oil & Gas), Flow Rate (0–10, >10–20, >20–60, >60–100, and Above 100 GPM), Technology (Pressure, Centrifugal, and Vacuum Filtration), and Region - Global Forecast to 2022", The portable filtration systems market is expected to grow from an estimated USD 512.6 Million in 2017 to USD 621.4 Million by 2022, registering a CAGR of 3.93%, from 2017 to 2022. Stringent government regulations, growth in power generation, and rising manufacturing activities are driving the portable filtration systems market globally.
Browse 67 Market Data Tables and 33 Figures spread through 146 Pages and in-depth TOC on "Portable Filtration Systems Market by End-User (Power Generation, Manufacturing, Oil & Gas), Flow Rate (0–10, >10–20, >20–60, >60–100, and Above 100 GPM), Technology (Pressure, Centrifugal, and Vacuum Filtration), and Region - Global Forecast to 2022"
Early buyers will receive 10% customization on reports.
Power generation industry to hold the largest share in the portable filtration systems market from 2017 to 2022.
The power generation end-user segment accounted for a major share in the portable filtration systems market. The rise in power generation capacity, especially in the Asia Pacific region is driving the demand for the global portable filtration systems market. According to EDF Energy, about 75% of electricity in China is alone generated by coal-fired power plants and the trend is further expected to continue in the future as well.
The pressure filtration segment is expected to hold the largest share of the portable filtration systems market during the forecast period
The pressure filtration segment led the portable filtration systems market in 2016, and is projected to dominate the market during the forecast period. It is also expected to grow at the fastest rate during the forecast period. The low initial cost and operating cost as compared to centrifugal and vacuum filtration systems is contributing to its growth and a large market share.
Asia Pacific: The leading market for portable filtration systems
In this report, the portable filtration systems market has been analyzed with respect to five regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and South America. The portable filtration systems market is expanding in developing countries owing to the growth in power generation capacity and rapid industrialization in those countries. The market in Asia Pacific is expected to dominate the global portable filtration systems market, with the highest share. The region is expected to maintain its dominance in the portable filtration systems market during the forecast period.
To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the portable filtration systems market. These players include Parker-Hannifin (US), Pall (US), Bosch Rexroth (Germany), Eaton (Ireland), and Donaldson Company (US). The leading players are trying to understand the markets in developing economies and are adopting various strategies to increase their market share.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.SEND ME A FREE SAMPLE