Portable Filtration Systems Market Revenue to Hit $621.4 Million by 2022; at a CAGR of 3.93% from 2017 to 2022

According to the new market research 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", published by MarketsandMarkets™, the The portable filtration systems market is expected to grow at a CAGR of 3.93%, from 2017 to 2022, to reach a market size of USD 621.4 million by 2022. The growth in this market is driven by the growth of the power generation segment and rising manufacturing activities, majorly in the Asia Pacific region together with stringent environmental regulations.

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The portable filtration systems market is dominated by a few major players that have a wide regional presence and are established brand names. Leading players in the portable filtration systems market, such as Parker-Hannifin (US), Pall (US), Bosch Rexroth (Germany), Eaton (Ireland), and Donaldson Company (US), have been focusing on the organic growth strategy which includes developing new products to bolster their product portfolio and to enhance their global reach.

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With regard to the technology segment, the pressure filtration systems market is expected to be the fastest growing market from 2017 to 2022. Further, in terms of market size, the pressure filtration segment would dominate the portable filtration systems market. The pressure filtration systems are preferred over centrifugal and vacuum filtration systems as these systems have low initial and operating costs.

The report segments the portable filtration systems market, based on flow rate, into 0 to 10, >10 to 20, >20 to 60, >60 to 100, and above 100 GPM segments. The less cost of systems with low rates and high viscosity is driving the market for the 0 to 10 GPM segment, as it is the most common flow rate and has applications in all most all industrial processes. 

The portable filtration systems market has been segmented on the basis of end-user into manufacturing, power generation, oil & gas, paper and pulp, petrochemicals, and others. The power generation segment is the major end-user market for portable filtration systems, and is the major driver for the portable filtration systems market. Moreover, growth in manufacturing activities around the world, specifically in emerging economies, such as India and China is further fueling the growth in the portable filtration systems market.

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The market in Asia Pacific is estimated to be the fastest growing portable filtration systems market from 2017 to 2022. Investments in power generation capacities and growing manufacturing activities in countries such, as China, India, and Japan are likely to be the major drivers for the portable filtration systems market in Asia Pacific.

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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 7500 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, “Knowledge Store” 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.

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Portable Filtration Systems Market to Capture Unparalleled Growth with A 3.93% CAGR Growth By 2023

According to the new market research 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”, published by MarketsandMarkets™, the global portable filtration systems market is projected to grow at a CAGR of 3.93%, from 2017 to 2022. The market in Asia Pacific is estimated to be the largest for portable filtration systems, followed by the market in North America in 2017. This trend is expected to continue till 2022. The growth of the portable filtration systems market is driven by the growth in power generation and manufacturing industries together with stringent environmental regulations around the world. 

Browse and in-depth TOC on “Portable Filtration Systems Market”

67 - Tables

33 - Figures

146 – Pages 

Don’t miss out on business opportunities in Portable Filtration Systems Market. Download our PDF Brochure and gain crucial industry insights that will help your business grow:

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The portable filtration systems market is dominated by a few global players. The key players operating in this market include Parker-Hannifin (US), Pall (US), Bosch Rexroth (Germany), Eaton (Ireland), and Donaldson Company (US). 

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Major strategies adopted by the players include new product launches, mergers & acquisitions, and investments and expansions. New product launches was the most commonly adopted strategy from 2014 to September 2017. Industry players also adopted mergers & acquisitions and investments and expansions, which were the first and second most widely followed strategies, respectively, after new product launches during the same period.

Parker-Hannifin was founded in 1918 and is headquartered at the US. The company is among the leading manufacturers of industrial filtration equipment. The key industries targeted by the company for filtration services are aerospace, food & beverage, industrial machinery, life sciences, marine, oil & gas, power generation, renewable energy, transportation, and water purification. Parker Hannifin operates in more than 50 countries through a wide network of distributors and dealers. The company lines the root of its business through two major business segments, namely, diversified industrial and aerospace systems. Through its diversified industrial segment, the company provides portable filter systems, filtration media, filter carts, and oil conditioning units. In February 2017, Parker-Hannifin acquired CLARCOR, a leading manufacturer of filtration products, for approximately USD 4.3 billion in cash. The acquisition of CLARCOR was a part of Parker-Hannifin’s strategy to provide the company access to new markets, regional expansion, and aftermarket exposure along with technology and product expansion. In addition, the company also adopted organic growth strategy and launched new portable purifiers for the power generation industry in July 2016. 

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Eaton was founded in 1911 and is headquartered in Ireland. Eaton is a diversified power management company that offers solutions to manage electrical, hydraulic, and mechanical power. The company caters vast clientele from different industrial verticals such as oil & gas, power generation, marine, pharmaceutical, and fine chemicals. The company generates revenue through five major business segments, namely, electrical products, vehicle, aerospace, hydraulics and, electrical systems and services. The company offers filtration products and related services under the hydraulic business segment. The filtration section that comes under the hydraulic segment, offer wide spectrum of products such as gas liquid separation, portable filtration, hydraulic and lubrication oil filters, filtration media, and filter aids. Eaton operates globally in approximately 60 countries and caters its massive clientele present in more than 175 countries located in major regions such as Asia Pacific, Americas, Europe, and the Middle East. The company has been following the organic strategy by introducing new products in its portfolio. In June 2016, the company launched its line of spin on filters that features high dirt holding capacity and ensures protection of various mechanical equipment such as pumps, valves, compressors, and hydraulic systems from contamination. This new spin on filter product line serves trouble free operations in the oil & gas, power generation, construction forestry, and mining and material handing sectors. Further in April 2016, Eaton also launched high flow rate application-based filter range called duplex lubrication filters (DWF) series.

About MarketsandMarkets™

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 7500 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, “Knowledgestore” 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. 

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

2022 Global Portable Filtration Systems Market Analysis By Top Players - Parker-Hannifin, Pall, Bosch Rexroth, Eaton

According to the new market research 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”, published by MarketsandMarkets™, the global portable filtration systems market is expected to grow at a CAGR of 3.93%, from 2017 to 2022, to reach a market size of USD 621.4 million by 2022. The growth in this market is driven by the growth of the power generation segment and rising manufacturing activities, majorly in the Asia Pacific region together with stringent environmental regulations.

Browse and in-depth TOC on "Portable Filtration Systems Market"

67 - Tables

33 - Figures

146 - Pages

Don’t miss out on business opportunities in Portable Filtration Systems Market. Download our PDF Brochure and gain crucial industry insights that will help your business grow:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=223863176

The portable filtration systems market is dominated by a few major players that have a wide regional presence and are established brand names. Leading players in the portable filtration systems market, such as Parker-Hannifin (US), Pall (US), Bosch Rexroth (Germany), Eaton (Ireland), and Donaldson Company (US), have been focusing on the organic growth strategy which includes developing new products to bolster their product portfolio and to enhance their global reach.

View more detailed TOC @

https://www.marketsandmarkets.com/Market-Reports/portable-filtration-system-market-223863176.html

With regard to the technology segment, the pressure filtration systems market is expected to be the fastest growing market from 2017 to 2022. Further, in terms of market size, the pressure filtration segment would dominate the portable filtration systems market. The pressure filtration systems are preferred over centrifugal and vacuum filtration systems as these systems have low initial and operating costs.

The report segments the portable filtration systems market, based on flow rate, into 0 to 10, >10 to 20, >20 to 60, >60 to 100, and above 100 GPM segments. The less cost of systems with low rates and high viscosity is driving the market for the 0 to 10 GPM segment, as it is the most common flow rate and has applications in all most all industrial processes.

The portable filtration systems market has been segmented on the basis of end-user into manufacturing, power generation, oil & gas, paper and pulp, petrochemicals, and others. The power generation segment is the major end-user market for portable filtration systems, and is the major driver for the portable filtration systems market. Moreover, growth in manufacturing activities around the world, specifically in emerging economies, such as India and China is further fueling the growth in the portable filtration systems market.

Request Sample Copy @  https://www.marketsandmarkets.com/requestsampleNew.asp?id=223863176

The market in Asia Pacific is estimated to be the fastest growing market for portable filtration systems from 2017 to 2022. Investments in power generation capacities and growing manufacturing activities in countries such, as China, India, and Japan are likely to be the major drivers for the portable filtration systems market in Asia Pacific.

About MarketsandMarkets™

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 7500 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, "Knowledgestore" 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.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com