About Electrostatic Precipitator
Electrostatic precipitator is a filtration device which removes fine particles such as dust and smoke, from a flowing gas. It is done using the force of an induced electrostatic charge minimally impeding the flow of gases through the unit. It also applies energy only to the particulate matter being collected and therefore is very efficient in its consumption of energy. Moreover, electrostatic precipitator is used at industrial facilities and power-generating stations for air pollution control, particularly for removing particles from waste gases.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Electrostatic Precipitator market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
General Electric (United States), Mitsubishi Hitachi Power Systems (Japan), Siemens (Germany), Amec Foster Wheeler (United Kingdom), Babcock & Wilcox (United States), Thermax Global (India), Ducon Technologies (United States), Fujian Longking (China), Hamon Group (Belgium) and Trion (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Electrostatic Precipitator market by Type (Dry ESP and Wet ESP) and Region.
On the basis of geography, the market of Electrostatic Precipitator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End users, the sub-segment i.e. Power & Electricity will boost the Electrostatic Precipitator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Method of charging, the sub-segment i.e. Single Stage will boost the Electrostatic Precipitator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Offerings, the sub-segment i.e. Hardware & Software will boost the Electrostatic Precipitator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Environmental Concerns Among People
Market Growth Drivers:
Growing Coal Fired Power Plants and Stringent Regulations for Air Pollution Control
Challenges:
Increasing Demand for Alternative Energy Sources
Restraints:
High Costs Associated with Deployment
Opportunities:
Growing Cement Industry is Boosting the Market Growth
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.