Dew Point Apparatus Market Share

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.