What is Electrostatic Precipitator Market?
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.
Highlights from Electrostatic Precipitator Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | 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) |
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. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Electrostatic Precipitator market throughout the forecasted period.
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 profiled in the study. Electrostatic Precipitator Market Segmentation:
Scope | Sub-Segments |
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Type | Dry ESP and Wet ESP |
End users | Power & Electricity,Metal,Cement,Chemicals,Others |
Method of charging | Single Stage,Two Stage |
Offerings | Hardware & Software,Services |
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). 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