Dew Point Apparatus Market size is expected to reach USD 7 Billion by the end of 2036, growing at a CAGR of 8% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of dew point apparatus crossed around USD 3 Billion. The rising and extensive implementation of dew point apparatus in different applications globally will exponentially help the market to grow in the expected CAGR. A cubic meter of air at 35°C and 60% relative humidity will normally contain about 23 grams of water vapor under ambient and atmospheric conditions. In this case, a rise in pressure to 7 bar will result in an eight-fold increase in vapor concentration; each cubic meter of compressed air will consequently hold 184 grams of water vapor.
Another reason to propel the dew point apparatus market by the end of 2036 is the use of the dew point apparatus in the shipping industry to manage the temperature. In certain circumstances, dew point temperatures in compressed air can drop to as low as -80 °C (-112 °F). When compressed air is produced by compressor systems without the ability to dry it out, the result is often saturated air at room temperature. Even, when compressed air passes through a cooled heat exchanger in a system with refrigerant dryers, water condenses off of the air stream.
Usually, these systems generate air that has a dew point of at least 5 °C (41 °F). Systems that use desiccant to absorb water vapor from the air stream can create dryer air, with a dew point of -40 °C (-40 °F), as needed. It is crucial to remember that condensation happens on surfaces that are colder than the dewpoint temperature and at saturation humidity, or 100% relative humidity.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2036 |
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CAGR |
∼8% |
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Base Year Market Size (2023) |
~USD 3 Billion |
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Forecast Year Market Size (2036) |
~USD 7 Billion |
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Regional Scope |
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Portability Type (Handheld, Portable, Stationary)
The handled segment will grow the most by the forecast period and will hold almost 55% of the dew point apparatus market because of its convenience, as it is very lightweight and planned in a way to be used in field operations. The most affordable, straightforward, and error-free method for spot-checking the dew point temperature of any compressed air or gas is the handled Dew Point Apparatus. This is made up of a dry ice maker, a low-range thermometer (-50 to +40? C), and a closed cylindrical glass with two chrome-plated tubes. Through a single chrome-plated tube, gas or air enters the cylindrical glass and exhausts.
Sample Based Type (Air / Compressed Air, Carbon Dioxide, Methane, Nitrogen, Oxygen, Natural Gas)
The air\compressed air segment in the dew point apparatus market is expected to hold 35% of the revenue share by 2036 owing to the increasing use of air \ compressed air in dew point thermometers. Moreover, after being connected to the device, compressed air or gas is forced at atmospheric pressure through the tube and bowl before being released into the sky. The tube's temperature is lowered by the combination of dry ice (Co2 ice) and acetone/ether; the temperature is then monitored using a glass thermometer or digital temperature indicator. (At an additional expense) Temperature is recorded when the tube's brilliance dulls as a result of mist formulation.
Application (Laboratory, Oil & Gas, Mining, Food & Beverage, Environment Agencies)
The laboratory segment is projected to account for 39% share of the global dew point apparatus market during the forecast period due to the increasing use of dew point apparatus in the laboratory globally. Knowing the dew point is crucial while painting because, for the paint to cure properly, water must be able to evaporate faster than the solvents in the paint. Condensation may form during the application and drying process when there is too much moisture and humidity for the water to drain rapidly enough, preventing the paint from hardening.
Our in-depth analysis of the global dew point apparatus market includes the following segments:
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Portability Type |
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Type |
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Sample Based Type |
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End-User |
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Application |
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North American Market Analysis
The dew point apparatus market in the North America region will have the biggest growth during the forecast period with a revenue share of around 39%. This growth will be noticed owing to the rising use of cloud computing and the Internet of Things (IoTs) in this region. It makes sense that 96% of firms in the region have implemented cloud computing in one way or another. Furthermore, the growth prospects of IoT seem even more promising with the rise of companies like IBM Cloud, Microsoft Azure, Google Cloud Platform, and Amazon Web Services.
European Market Statistics
The dew point apparatus market in the European region will also encounter huge growth during the forecast period and will hold the second position owing to the rising awareness to curb CO2 emissions in this region. In the Net Zero Emissions by 2050 (NZE) Scenario, production increases while CO2 emissions begin to decouple in the next several years. By 2030, CO2 emissions have decreased by 18% from 2022 levels. Both the public and commercial sectors in the region will need to achieve greater recycling rates, efficiency gains, and technological innovation to catch up with the NZE Scenario.
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Author Credits: Rushikesh, Richa Gupta
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