Industrial Dust Collector Market: Growth And Future Prospects Analyzed 2027
Global Industrial Dust Collector Market: Overview
According to a new market report pertaining to the global industrial dust collector market published by Transparency Market Research the global industrial dust collector market is anticipated to reach a volume of 5.4 Mn units by 2027. The industrial dust collector market is projected to expand at a CAGR of ~5% from 2019 to 2027 in terms of sales. Growth of the industrial dust collector market can be attributed to the integration of smart technology into industrial dust collectors, which has triggered their demand, globally. Over the forecast period, Asia Pacific is anticipated to emerge as the leading industrial dust collector market, followed by North America.
Growing Number of Manufacturing Facilities Driving Industrial Dust Collector Market
The shifting trend toward sustainable power sources across the world has augmented the usage of industrial dust collectors to produce cleaner power by curbing carbon emissions.
Growth in the demand for electricity or rising energy demand across the globe is likely to result in increasing number of coal power plants and thermal power plants, which is expected to drive the demand for industrial dust collectors in the global market. Furthermore, carbon-free technologies are growing at a rapid pace in the process of power/electricity generation. This, in turn, is expected to boost the overall sales of industrial dust collectors, worldwide.
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Industries such as syringe manufacturing, small rubber industries, wood working, and paint & coating have adopted steps to control dust, which is expected to boost the growth of the industrial dust collector market.
Industrial Dust Collector Market: Regional Outlook
In terms of region, the global industrial dust collector market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is anticipated to dominate the industrial dust collector market during the forecast period. Power companies across the U.S. are taking necessary steps to minimize the effect of dust and emission on the environment. Companies such as Dust Solutions Inc. and GE Corporation are extending help to such industries with their products. Asia Pacific is expected to lead the global industrial dust collector market, accounting for a substantial share in 2019, with China, India, and Japan being the major markets in the region. The industrial dust collector markets in the Middle East & Africa, Europe, and South America are projected to increase moderately over the forecast period.
Request For COVID19 Impact Analysis Across Industries And Markets - Industrial Dust Collector Market
The report provides in-depth segment analysis of the global industrial dust collector market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries that hold growth opportunities or account for significant shares has also been included as part of the geographic analysis of the industrial dust collector market.
Industrial Dust Collector Market: Competition Dynamics
The research study includes the profiles of leading companies operating in the global industrial dust collector market. Key players profiled in the report on the global industrial dust collector include 3M Company, Donaldson Company, Inc., Hitachi Ltd., Atlas Copco, Parker Hannifin Corp., Nederman Holding AB., CECO Environmental, Alstom SA, Camfil APC, and American Air Filter Company, Inc.
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