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Yahoo
7 days ago
- Business
- Yahoo
With 4.9% of CAGR, Industrial Filters Market Size to Gain $52.36 Billion by 2031, Experiences Surge in Product Development by Manufacturers
The global industrial filters market is growing steadily, fueled by rising environmental regulations, industrialization, and demand for clean and safe working environments across sectors like manufacturing, power generation, pharmaceuticals, food & beverage, and chemicals. Leading players in the market include Parker Hannifin, Eaton Corporation, 3M Company, Donaldson Company, MANN+HUMMEL, Camfil, Cummins Filtration, Ahlstrom, and Lydall Inc. US & Canada, June 03, 2025 (GLOBE NEWSWIRE) -- According to a new comprehensive report from The Insight Partners, the global industrial filters market is observing healthy growth owing to the rising demand for automatic filter systems across different regions. The report runs an in-depth analysis of market trends, key players, and future opportunities. The rising demand for automatic filter systems; surge in product development by manufacturers; and stringent government regulations toward the adoption of industrial filters are some of the major drivers of market growth. To explore the valuable insights in the Industrial Filters Market report, you can easily download a sample PDF of the report – Overview of Report Findings 1. Market Growth: The industrial filters market is expected to reach US$ 38.25 billion in 2024 and is expected to reach US$ 52.36 billion by 2031; it is estimated to record a CAGR of 4.9% from 2025 to 2031. Stringent government regulations toward the adoption of industrial filters, growing investment and installation of industrial filters, and a high focus on achieving net zero drive the demand for industrial filters. The demand for renewable energy and the surge in product development by manufacturers, government investments in the development of hydropower projects, and expanding industries propel the market growth. Further, the soaring research and development activities, integration of IoT, nanofiltration, and membrane technologies, and the growing demand for automatic filter systems are expected to provide future growth opportunities. 2. Surge in Product Development by Manufacturers: Industries adopt industrial filters to remove smoke, dust, fumes, and other harmful particles in their operations. These filters are necessary for steel, mining, hydropower plants, oil & gas, and manufacturing industries, where a high amount of contamination is generated. Industrial filters such as bag filters, cartridge filters, high-efficiency particulate air (HEPA) filters, and specialized filters are highly demanded and used by industries to remove particulate matter, improve product quality, enhance equipment lifespan, and protect workers' health. This demand encourages manufacturers to develop innovative industrial filters that meet the dynamic requirements of industries. 3. Rising Demand for Automatic Filtration Systems: Automatic filter systems have gained popularity in water & wastewater treatment, chemical & petrochemical, hydropower plants, pulp & paper, and food & beverages. These industries are deploying automatic filters in applications, including air and water purification and industrial manufacturing, owing to their efficiency, precision, and adaptability. An automatic filter system can automatically clean or backwash without the need for manual intervention. This system is widely utilized in water treatment, industrial processes, HVAC, and even residential settings (such as pools and irrigation systems). It is integrated with Internet of Things (IoT) sensors, nanofiltration, membrane technologies, and intelligent algorithms to detect, filter, and eliminate unwanted particles or contamination in real time. It can keep the filters clean without having to stop the system or remove them. 4. Geographical Insights: In 2024, Asia Pacific led the market with a substantial revenue share, followed by North America and Europe, respectively. Asia Pacific is expected to register the highest CAGR during the forecast period. For Detailed Industrial Filters Market Insights, Visit: Market Segmentation Based on media, the industrial filters market is segmented into fiber glass, metal, non-woven fabric, and others. The non-woven fabric segment held the largest market share in 2024. By operation, the market is segmented into automatic self-cleaning filters and traditional filters. The traditional filters segment held a larger share of the market in 2024. By application, the market is segmented into liquid filtration, air filtration, and gas filtration. The liquid filtration segment held a larger share of the market in 2024. By industry, the market is segmented into steel industry, automotive & transportation, mining industry, hydro powerplants, oil & gas, chemicals & petrochemicals, manufacturing, water & wastewater treatment, food & beverage, paper & pulp, and others. The water & wastewater treatment segment held a larger share of the market in 2024. Stay Updated on The Latest Industrial Filters Market Trends: Competitive Strategy and Development Key Players: A few of the major companies operating in the industrial filters market are Donaldson Company, Inc; Parker Hannifin Corporation; Mann+Hummel Group; Danaher Corporation; Freudenberg Filtration Technologies; Camfil Group; 3M; Eaton Corporation; Cummins Inc; and HYDAC International GmbH among others. Trending Topics: Industrial filtration systems market size, Manufacturing air filtration solutions, Industrial water filter market growth, Process filtration technology trends, Dust collection systems analysis, Industrial HEPA filter applications Global Headlines on Industrial Filters Market Parker Hannifin Corp launched the new BEVPOR caustic stable filter HYDAC International GmbH launched SUSTAINMICRON, a new filter element designed to support industries in energy cost savings and sustainable oil filtration Eaton Corporation upgraded its filter cartridge portfolio to meet industrial needs Purchase Premium Copy of Global Industrial Filters Market Size and Growth Report (2021-2031) at: Conclusion The global industrial filters market demonstrates resilient growth amidst evolving industrial landscapes and regulatory environments. The segmentation between liquid, air, and gas filtration reflects diverse industrial needs, with air filtration maintaining market leadership due to widespread application across sectors and increasing clean air mandates. Regional variations in filter type adoption highlight the influence of industrial composition and regulatory frameworks on market dynamics. While developed markets in North America and Europe emphasize premium technologies and replacement cycles, emerging markets in Asia-Pacific, Latin America, and parts of the Middle East and Africa drive volume growth through new installations. Talk to Us Directly: Trending Related Reports: About Us: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials. Contact Us: If you have any queries about this report or if you would like further information, please contact us: Contact Person: Ankit Mathur E-mail: Phone: +1-646-491-9876 Home - in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
Industrial UPS Market Global Outlook & Forecast Report 2024-2029: Integration With Renewable Energy and High Energy Demand Driving Multi-Billion Opportunities
The industrial UPS market is fragmented, with a mix of well-established global companies and emerging regional players competing for market share. The key players such as Schneider Electric, Eaton Corporation, Vertiv, and others dominate the market due to their comprehensive product portfolios, advanced technological solutions, and strong brand presence. These companies offer a range of UPS systems, from small-scale, low-capacity models to large, high-capacity systems that support critical infrastructure and industrial operations. Industrial UPS Market Dublin, May 13, 2025 (GLOBE NEWSWIRE) -- The "Industrial UPS Market - Global Outlook & Forecast 2024-2029" report has been added to Industrial UPS Market was valued at USD 6.43 billion in 2023, and is projected to reach USD 9.14 billion by 2029, rising at a CAGR of 6.04% The market is experiencing competition from regional players who offer specialized solutions for local needs, often at more competitive prices. For instance, players in the APAC region, particularly in countries like China and India, are offering cost-effective UPS solutions tailored to the local industrial and infrastructural demands. These companies often compete on price and value, providing affordable yet reliable systems to meet the needs of SMEs and smaller industrial players. Additionally, these regional players are also capitalizing on growing demand from sectors such as renewable energy, healthcare, and telecommunications, where uninterrupted power supply is crucial. North America is one of the leading regions in the industrial UPS market, primarily due to the robust industrial infrastructure, high adoption rates of advanced technologies, and stringent government regulations regarding power reliability. The U.S., in particular, is a key market for industrial UPS systems, owing to the large number of data centers, manufacturing facilities, and healthcare institutions requiring continuous power for their operations. The presence of major UPS manufacturers such as Eaton and Schneider Electric also bolsters the market in this region. The APAC region is experiencing rapid growth in the industrial UPS market, driven by the expansion of industries such as electronics, automotive, manufacturing, and energy. Countries like China, India, Japan, and South Korea are key players in this region, with China being the largest market due to its significant industrial and manufacturing activities. The increasing demand for uninterrupted power supply to support industrial automation, digitalization, and the growing number of data centers is a major factor driving the is a mature market for industrial UPS systems, with high demand across sectors like automotive, manufacturing, energy, and telecommunications. Additionally, the push towards Industry 4.0 and sustainable manufacturing practices has increased the need for highly reliable power backup systems. The Middle East and Africa region is also witnessing a growing demand for industrial UPS systems, particularly in the Middle East due to the rapid expansion of industries like oil and gas, construction, and utilities. Countries like Saudi Arabia, the UAE, and South Africa have significant energy infrastructure needs, which drives UPS adoption to ensure power continuity. The Latin American industrial UPS market is still developing, with growth driven by countries like Brazil, Mexico, and Argentina. In this region, UPS adoption is primarily driven by the need for reliable power in sectors such as mining, oil and gas, manufacturing, and telecommunications. MARKET TRENDS & OPPORTUNITIES Integration With Renewable EnergyAs society transitions to a zero-carbon electricity grid, the role of smart UPS is growing. Advances in communication protocols, management software, and battery technologies enable modern UPS systems to interact with local power networks. They can either draw power from the grid or supply battery power to help stabilize the grid, balancing demand and supply. Common applications include frequency stabilization and peak shaving, which reduce reliance on the mains Energy DemandThe increasing global demand for energy, driven by factors such as industrial expansion, and the widespread digitalization of businesses, has significantly impacted various sectors, including manufacturing, information technology, and critical infrastructure. According to ENERGY STAR, new energy-efficient UPSs typically range from 92% to 95% efficiency, while older models can be below 90%. For example, the Eaton Energy Saver System claims 99% efficiency. This efficiency reflects how much incoming power is used to supply the load, with losses attributed to the UPS operation. A 90% efficient UPS means 10% of the incoming power is lost. ENERGY STAR-certified UPSs can reduce energy losses by 30%-55% compared to standard models. A 1000 kVA UPS in a large data center can save $18,000 annually. A 15,000-square-foot data center operating at 100 watts per square foot, using 13,140 MWh annually, could save $90,000 if its UPS system improves from 90% to 95% efficiency, reducing energy consumption by 768,421 kWh at a rate of $0.12/kWh, plus further savings from reduced cooling RESTRAINTS Rising Raw Material CostThe rising raw material prices for industrial UPS present a significant challenge to manufacturers, suppliers, and end-users alike. This issue is multifaceted, encompassing a range of economic, environmental, and technological factors that contribute to the increased costs of production. Key materials used in UPS systems, such as aluminum, lithium, steel, and plastics, have experienced significant price hikes in recent years. Copper, for example, is widely used in the wiring and transformers of industrial UPS systems, while aluminum plays a crucial role in the construction of heat exchangers and enclosures. Similarly, the rising costs of steel and plastics affect the manufacturing of UPS cabinets and other structural addition, the semiconductor industry faces a growing skilled manpower shortage, with a projected global shortfall exceeding 1 million by 2030. Currently, there is an average monthly gap of 27,000 workers, a 44% rise from last INSIGHTS INSIGHTS BY TYPEThe global industrial UPS market by type is segmented into online/double conversion, line-interactive, and standby/offline. The online/double conversion UPS segment dominates the global industrial UPS market, due to its superior performance in providing uninterrupted power and advanced protection against all types of power disturbances, including surges, sags, and blackouts. These systems utilize double-conversion technology, ensuring a continuous, clean power supply, making them indispensable in critical industrial operations such as data centers, manufacturing plants, and healthcare facilities. The rising demand for precision equipment and the growing reliance on automation and IoT-enabled systems further propel the adoption of online UPS solutions. Their ability to handle high power capacities, paired with their adaptability to harsh industrial environments, ensures sustained market BY APPLICATIONThe global industrial UPS market by application is segmented into data center & telecom, manufacturing, healthcare, transportation, oil & gas, and others. Telecom and data center UPS sectors dominate the application segment in the global market due to their critical need for uninterrupted power supply. These industries rely heavily on continuous uptime to ensure data integrity, communication reliability, and operational efficiency. Power disruptions can lead to significant data loss, equipment damage, and service downtime, making robust UPS systems essential for safeguarding infrastructure. As the demand for digital services, cloud computing, and telecommunication networks grows, the need for reliable and scalable UPS solutions in these sectors remains high, driving their dominance in the BY POWER RATINGThe above 500 KVA holds the most significant share of the global industrial UPS market and stands out as the fastest-growing category within the market. The segment caters to large-scale industrial operations such as manufacturing plants, data centers, and energy-intensive industries like oil and gas, where uninterrupted power is critical to avoid operational downtimes and ensure safety. The demand in this segment is driven by the increasing adoption of automation, reliance on high-capacity data centers, and stringent regulatory requirements for power reliability. The high capital expenditure for these systems is offset by their ability to provide robust power solutions and high efficiency, making them an attractive investment for major players. Additionally, technological advancements such as modular designs and enhanced battery management systems contribute to their widespread adoption. Key Attributes: Report Attribute Details No. of Pages 312 Forecast Period 2023 - 2029 Estimated Market Value (USD) in 2023 $6.43 Billion Forecasted Market Value (USD) by 2029 $9.14 Billion Compound Annual Growth Rate 6.0% Regions Covered Global Key Company Profiles Delta Electronics, Inc. Eaton Huawei Digital Power Technologies Co., Ltd Kehua Tech Riello Elettronica Schneider Electric Shenzhen Kstar Science&Technology Co., Ltd Vertiv Group Corp Other Prominent Vendors ABB AEG Power Solutions AMETEK Solidstate Controls Benning Elektrotechnik BPC ENERGY LTD Centiel Chloride Cyber Power Systems, Inc. Enertechups Eram Power Electronics Company EximPower Falcon Electric, Inc Fuji Electric Fujitsu Guangdong Prostar New Energy Technology Co., Ltd. Gustav Klein Hitachi Hi-Rel Power Electronics Private Limited KUKJE ELECTRIC. MFG. CO., LTD. Legrand Mitsubishi Electric Power Products Inc Numax Energy Solutions Piller Power Systems SANTAK Siemens AG SOCOMEC, Inc. SOLARCRAFT, INC. STATRON AG Su-kam Su-vastika Toshiba Corporation Premium Insights Opportunity Pockets Market Definition Report Overview Future Trends in the Ups International Standards for Industrial Ups Recent Development in Industrial Ups Opportunities & Challenge Analysis Segment Analysis Regional Analysis Competitive Landscape Recent Development Market Opportunities & Trends Adoption of Li-Ion Batteries in Ups Shift Toward Modular Ups Systems Integration with Renewable Energy Market Growth Enablers Expanding Industrialization in Emerging Market Expansion of Data Centers Growing Need for Renewable Energy High Energy Demand Market Restraints High Initial Costs Rising Raw Material Cost For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Industrial UPS Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Techday NZ
24-04-2025
- Business
- Techday NZ
AI use in enterprises soars but brings surge in cyber risks
A surge of over 3,000% in enterprise use of artificial intelligence and machine learning tools has been revealed by Zscaler's ThreatLabz 2025 AI Security Report, with significant security concerns arising alongside this sharp growth. The ThreatLabz 2025 AI Security Report analysed more than 536 billion AI transactions processed between February and December 2024 within the Zscaler Zero Trust Exchange platform. This study highlights real-world threats including AI-enhanced phishing, fraudulent AI platforms, and increased risks related to agentic AI and open-source models such as DeepSeek. The report found that ChatGPT dominated usage, accounting for 45.2% of all AI/ML transactions, making it both the most popular and the most-blocked AI application. Grammarly and Microsoft Copilot followed as the second and third most-blocked tools, reflecting widespread enterprise concerns about data leakage and unsanctioned use of these platforms. "We had no visibility into [ChatGPT]. Zscaler was our key solution initially to help us understand who was going to it and what they were uploading," said Jason Koler, Chief Information Security Officer at Eaton Corporation. Agentic AI and the open-source DeepSeek model have opened new avenues for threat actors to exploit AI technologies, allowing them to automate and scale attacks at an unprecedented rate. The report notes that DeepSeek, originating from China, has begun to challenge established American players such as OpenAI, Anthropic, and Meta, providing strong performance, open access, and affordability, yet also introducing significant security challenges. Enterprises provided substantial data volumes to AI tools, sending a total of 3,624 terabytes during the review period. This data movement signifies deep integration of AI into business operations. However, organisations blocked 59.9% of all AI/ML transactions, reflecting heightened awareness and proactive efforts to manage risks around data exposure, unauthorised access, and regulatory compliance. "As AI transforms industries, it also creates new and unforeseen security challenges," said Deepen Desai, Chief Security Officer at Zscaler. "Data is the gold for AI innovation, but it must be handled securely. The Zscaler Zero Trust Exchange platform, powered by AI with over 500 trillion daily signals, provides real-time insights into threats, data, and access patterns—ensuring organisations can harness AI's transformative capabilities while mitigating its risks. Zero Trust Everywhere is the key to staying ahead in the rapidly evolving threat landscape as cybercriminals look to leverage AI in scaling their attacks." Regionally, Australia has emerged among the top generators of AI/ML transactions, alongside the United States, India, Canada, Germany, Japan, and the United Kingdom. In the Asia-Pacific region, India led with 36.4% of activity, followed by Japan (15.2%) and Australia (13.6%). The global distribution saw the United States with 46.2% of transactions, followed by India (8.7%), the United Kingdom (4.2%), Germany (4.2%), Japan (3.6%), Canada (3.6%), and Australia (3.3%). The finance and insurance sector generated the largest share of enterprise AI/ML traffic at 28.4%, with manufacturing following at 21.6%. The services (18.5%), technology (10.1%), healthcare (9.6%), and government (4.2%) sectors also showed substantial AI/ML activity, each encountering unique regulatory and security challenges amidst new AI-driven use cases such as fraud detection, risk modelling, supply chain optimisation, robotics automation, and customer service automation. "The rapid rise of AI adoption across Australia and New Zealand is reshaping the way employees and organisations work, driving productivity and unlocking new possibilities. Industries like finance and manufacturing are leading the way, but this surge in AI usage also shines a spotlight on the urgent need for robust security measures to protect sensitive data and sustain innovation," said Eric Swift, Vice President & Managing Director, Zscaler Australia and New Zealand. "At Zscaler, we're seeing AI usage skyrocket—ThreatLabz has recorded a staggering 36-fold increase in AI transactions year-on-year globally. While this surge is helping businesses supercharge their operations, it also brings new cyber risks that we can't afford to ignore. The Zscaler Zero Trust Exchange is here to help businesses confidently embrace AI. With unmatched visibility, control, and security, we're ensuring that organisations in Australia and New Zealand can scale their AI adoption safely, boost innovation, and build trust in how sensitive information and data is handled." The report indicates that, while the adoption of AI is delivering substantial productivity gains, it has also exposed organisations to a "rapidly evolving threat landscape". The need for upskilling is pronounced, with 83% of Australian business leaders prioritising AI adoption by 2025 and 40% identifying training as essential. Zscaler continues to promote its zero trust security model as a measure to address these emerging risks. Key strategies detailed in the report include data classification, breach prediction, real-time AI insights, threat protection, and app segmentation, all designed to manage risk and limit exposure as enterprises increase their use of AI tools.
Reuters
31-01-2025
- Business
- Reuters
Eaton sees 2025 profit above estimates on AI-led data center demand
Jan 31 (Reuters) - Eaton Corporation (ETN.N), opens new tab on Friday forecast 2025 adjusted profit above Wall Street estimates, expecting demand for electrical equipment to remain strong due to an artificial intelligence-related data center boom. Global appetite for data centers has increased as companies race to develop and adopt artificial intelligence, benefiting electrical equipment makers like Eaton. Shares of the company were up 2.7% in premarket trading. In the fourth quarter, sales for the electrical business in the Americas were up 9% while sales in the global electrical segment rose 4%. However, the industry's growth could face challenges from Chinese start-up DeepSeek's new AI model, which is cheaper and consumes less electricity than OpenAI's ChatGPT, stoking concerns that newer technologies could have smaller power requirements, Reuters reported earlier this month. Excluding items, the Ireland-based company expects 2025 profit between $11.80 and $12.20 per share, with the mid-point higher than analysts' estimates of $11.95 per share, according to data compiled by LSEG. Net sales for quarter ended Dec. 31 were $6.24 billion, up from $5.97 billion a year earlier. Analysts, on average, were expecting $6.33 billion.
