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Electrostatic Precipitator Market Analysis, Size, Regional Outlook, Competitive Strategies and Forecasts to 2024

Author : Rahul Sankrityayan | Published Date : 2019-11-06 

A new research document with title Electrostatic Precipitator Market Report covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, Europe and Asia-Pacific, South America, Middle East and Africa. The report will help user gain market insights, future trends and growth prospects for forecast to 2023.

The global aim to control pollutant emissions occurring due to the rising number of industries will tend to electrostatic precipitator market gaining considerable traction in the years to come. Leading providers of electrostatic precipitators are constantly attempting to improvise on the product offering to combat the rising carbon footprints in the atmosphere. For instance, recently GE Power India received a contract worth more than USD 2.37 billion from GE Power AG, to supply electrostatic precipitator components and CFB boiler of capacity 150 MW. Strict government directives imposed on industries to control the pollutant emission levels will act as a major driver for global electrostatic precipitator industry.

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High consumer spending capacity in the emerging economies is likely to boost the growth of the construction and infrastructural sector in the region, which is turn will fuel electrostatic precipitator market. The high demand for uninterrupted power supply has led to the implementation of myriad power projects. However, the growing awareness regarding the harmful inhalation of Sulphur trioxide and other pollutants has also prompted power companies to look out for measures to control these emissions, which will drive electrostatic precipitator industry trends. Global Market Insights, Inc., states that electrostatic precipitator market size is slated to register a y-o-y rate of 5% over 2018-2024.

Developing economies such as India and China are powerhouses for the growth of the construction and industrial sectors. This in itself is a strong driver for APAC electrostatic precipitator industry. Speaking of APAC, China held 3% of the regional share in 2015 and is anticipated to grow significantly over the period of 2018-2024, primarily driven by the rising implementation of coal fired power plant projects. To fulfill the demand for power supply, China plans to increase its electricity manufacturing capacity by 19% over the coming five years, which will claim the establishment of more power plants. This in turn, will stimulate the demand for precipitators, thereby fueling China electrostatic precipitator market.

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Prime participants of electrostatic precipitator industry include Fujian Longking Co., Ltd., Mitsubishi Heavy Industries Mechatronics Systems, Siemens AG, GEECO Enercon Pvt. Ltd, Total Air Pollution Control Pvt. Ltd., Blacke-Durr GmbH, Trion Inc., Babcock & Wilcox Enterprises, Ducon Technologies Inc., Clean Tunnel Air International AS, Thermax Ltd., and Hamon Corporation. These companies aim to efficiently control the rising pollution levels by improving the product standards.

Global power demand is anticipated to surpass 45% by 2040, as per reliable statistics. Growing demand for electricity and the subsequent installation of power plants will thus propel electrostatic precipitator industry from power plant applications. That said, the rising need, especially from emerging economies, to curtail SO3 emissions has led to the adoption of heavy emission control measures across coal fired power plants, that will further impel electrostatic precipitator industry size from power plants. According to the IEA, coal fired power generation held the tag of being the biggest source of electricity generation across the globe, covering a proportion over 35%.

Partial Table of Contents (ToC) of the report:

Chapter 4   Electrostatic Precipitator Market, By System

4.1  Electrostatic precipitator market share by system, 2017 & 2024

4.2  Dry

4.2.1 Global market from dry, 2013 – 2024

4.2.2 Global market from dry, by region, 2013 - 2024

4.3  Wet

4.3.1 Global market from wet, 2013 – 2024

4.3.2 Global market from wet, by region, 2013 - 2024

Chapter 5   Electrostatic Precipitator Market, By Design

5.1  Electrostatic precipitator market share by design, 2017 & 2024

5.2  Plate

5.2.1 Global market from plate, 2013 – 2024

5.2.2 Global market from plate, by region, 2013 - 2024

5.3  Tubular

5.3.1 Global market from tubular, 2013 – 2024

5.3.2 Global market from tubular, by region, 2013 - 2024

Browse complete table of content of this report @ https://www.gminsights.com/toc/detail/electrostatic-precipitator-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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