Exclusive Research Report by FMI

In the United States, a notable surge in innovation and development has been witnessed, particularly in the field of portable filtration systems. This growth is attributed to various concerns surrounding the filtration of substances like oil and water. Key characteristics driving this growth include the provision of convenient and efficient solutions for individuals seeking to filter water while on the move. Additionally, portable filtration systems have garnered significant popularity among the populace in the United States due to their versatility and ease of use.

NEWARK, Del, April 02, 2024 (GLOBE NEWSWIRE) — The portable filtration system market is expected to be valued at US$ 720.7 million in 2024. The valuation CAGR for 2023 was 7.1%. The market’s progress is projected to rise at a CAGR of 5.4% through 2034. By 2034, the market value is expected to hit US$ 1.2 billion.

The market for portable filtration systems is being driven by a variety of factors that are contributing to its growth and potential. One key driver is the increasing need for water filtration in remote areas where access to clean water is limited. This has led to a surge in demand for simple, structurally sound, and convenient filtration systems in the transportation sector worldwide. In addition, the rising concern over spreading diseases due to waterborne pathogens is considered a significant market driver in the coming years.

Another driver for the portable filtration system market is the growing demand for clean energy and water treatment. Portable filtration systems are playing an important role in the production of clean energy and water treatment. With the increasing focus on sustainability concerns, the market for eco-friendly alternatives to bottled water is gaining attention. Moreover, the use of portable filtration systems is reducing plastic waste and usage, which is a major concern for the environment.

Get an Exclusive Sample Copy of the Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-19322

The attention toward outdoor recreational activities, such as hiking and camping, is also contributing to the growth of the portable filtration system market. People are increasingly using portable filtration systems to filter water and other liquids while engaging in outdoor activities. The benefits of these systems, such as their lightweight and portability, are gaining the attention of customers.

Technological advancements are also driving the growth of the portable filtration system market. Manufacturers are heavily investing in the latest technologies to integrate them into their systems, providing convenience to their customers. The integration of the latest technologies is expected to lead to the development of more advanced and efficient portable filtration systems.

Government initiatives aimed at promoting sustainability and environmental concerns are also contributing to the market growth of portable filtration systems. Governments are implementing rules and regulations to create a clean and healthy environment for their people. After the implementation of government rules and regulations, there are significant possibilities for the market to gain traction in the coming years.

Key Takeaways from the Portable Filtration System Market

  • The portable filtration system market is estimated to register a CAGR of 5.4% and reach a valuation of US$ 1.2 billion by 2034.
  • The centrifugal filtration segment is anticipated to dominate the market by registering a CAGR of 4.9% from 2024 to 2034.
  • Expanding at a 5.1% CAGR over the forecast period, the 0–10 segment is expected to drive the market.

“The emerging healthcare systems and oil and gas industries are amplifying lucrative opportunities for the portable filtration system market. The need for clean air and water in healthcare systems is creating a major role for portable filtration systems. Several governments are trying to provide a clean and healthy environment for their people, which is driving the demand for these systems. Additionally, in oil and gas industries, the use of portable filtration systems is reducing the money spent on lubricants and other facilities,” Says Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.).

Request Report Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-19322

Competitive Landscape

During the forecast period, the market is expected to experience significant growth due to ongoing innovations and research. Key players are investing heavily in their tools to gain a greater market share. Additionally, many governments and governmental bodies are collaborating with manufacturers to enhance their research and development efforts. Manufacturers are also exploring new marketing strategies to improve the consumer experience.

Recent Developments in the Portable Filtration System Market

  • In 2023, LifeStraw, a renowned brand in the field of water filtration, has recently introduced the LifeStraw Peak Series Solo Water Filter, which is highly compact and lightweight. Weighing only 1.7 ounces and measuring 5.1 inches in length, this water filter is the most lightweight and compact in LifeStraw’s range of products. It has the ability to effectively eliminate various impurities from drinking water, such as parasites, bacteria, microplastics, silt, sand, and cloudiness. This makes it an excellent choice for adventurers and travelers who prioritize portability and convenience.

Key Player

  • Bosch Rexroth AG
  • Des-Case Corporation
  • Donaldson Company, Inc
  • Eaton Corporation
  • MP Filtri S.p.A.
  • Pall Corporation
  • Parker Hannifin Corp
  • Trico Corporation

Elevate Your Business Strategy! Purchase the Report for Market-Driven Insights: https://www.futuremarketinsights.com/checkout/19322

Market Segmentation

By Flow Rate:

  • 0-10
  • >10-20
  • >20-60
  • >60-100
  • Above 100

By Technology:

  • Centrifugal Filtration
  • Vacuum Filtration
  • Pressure Filtration

By End User:

  • Oil & Gas
  • Paper and Pulp
  • Power Generation
  • Manufacturing
  • Petrochemicals
  • Others

Authored By:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Explore Future Market Insights, Inc. Extensive Coverage in Industrial Automation Domain:

Similarly, the compressed air filtration and dryer system market is forecasted to witness significant expansion, with an average CAGR of 5.7% during the forecast period. This market is projected to achieve a revenue of US$ 5.69 billion in 2023, reaching a valuation of US$ 9.91 billion by 2033.

In the realm of advanced lead acid battery, the market is estimated to be valued at US$ 31.9 billion in 2024, with a projected CAGR of 6.9% from 2024 to 2034. By 2034, the global advanced lead acid battery market is expected to surpass US$ 62.0 billion.

Moreover, the ice detection system market is anticipated to be worth US$ 1,730.4 million in 2024, with a projected increase to US$ 2,348.2 million by 2034, exhibiting a CAGR of 2.8% during the forecast period 2024 to 2034.

Likewise, the glass handling robot market is projected to reach a valuation of US$ 826.2 million in 2024, growing to US$ 1,270.9 million by 2034, with a CAGR of 4.8% during the forecast period.

Furthermore, the global external gear pump market is expected to generate a revenue of US$ 247.6 million in 2024. Providers of external gear pumps are anticipated to witness a modest CAGR of 3.90% through 2034, with a forecasted valuation of US$ 370 million by 2034.

Lastly, the building automation system market is forecasted to be valued at US$ 47,800 million in 2023. Over the period of 2023 to 2033, this market is expected to progress at a promising rate, with a CAGR of 7.4%. By the end of the forecast period in 2033, the market value is anticipated to reach US$ 96,264 million.

According to research by Future Market Insights, the global portable loading ramps market is poised for substantial growth, with a projected valuation of US$ 2,472.0 million in 2022. Over the period of 2022-2032, this market is anticipated to expand at a steady compound annual growth rate (CAGR) of 4.7%. By the end of 2022, the top 3 countries are expected to collectively hold approximately 28-30% of the market share.

The global micro-energy harvesting system market is expected to experience remarkable growth, commencing from US$ 228.9 million in 2023 and anticipated to rise at an impressive CAGR of 11.9%. The market is projected to increase from US$ 256.2 million in 2024 to US$ 788.5 million in 2034.

The landscape of the transformer monitoring system market is poised for significant growth, with a projected valuation of US$ 3,259.70 million by 2024. As these trends gain momentum and become prevalent, sales of transformer monitoring systems are expected to soar, reaching a striking US$ 7,646.39 million by 2034, marking a robust 8.90% compound annual growth rate (CAGR) from 2024 to 2034.

In tandem, the modular robotic market is set for an evolutionary journey, with adoption estimated at US$ 12.69 billion in 2024, projected to surpass US$ 66.42 billion by 2034.

The Oil and Gas Sensor Market is expected to experience steady growth, with a projected compound annual growth rate (CAGR) of 5.6% from 2024 to 2034. By 2034, it is anticipated to attain a valuation of US$ 14.1 billion.

The Robot Controller, Integrator, and Software Market is expected to surge at an impressive CAGR of 14.8% during the forecast period, reaching US$ 25 billion by 2034. Additionally, the energy-efficient motor market is anticipated to grow from US$ 59.1 billion in 2024 to US$ 151.0 billion by 2034, with a projected CAGR of 9.8% during the forecast period.

The warehouse robotics market is poised for remarkable growth, evolving from US$ 1,540.57 million in 2024 to US$ 5,609.75 million in 2034. Between 2024 and 2034, the demand for warehouse robotics is advancing at a robust CAGR of 13.8%.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets.

Contact Us:        

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: [email protected]
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

Primary Logo

Originally published at https://www.einpresswire.com/article/700536355/portable-filtration-system-market-size-surges-to-us-1-2-billion-by-2034-exclusive-research-report-by-fmi