Global Electrostatic Precipitator (ESP) Market 2019-2024 report delivers a comprehensive research based study of the market along with the market share, forecast data, in-depth analysis, and detailed overview of the Electrostatic Precipitator (ESP) industry with respect to Global market. The Electrostatic Precipitator (ESP) market report further emphasizes on market drivers and restraints at global and regional level. For complete understanding, the report also provides market segmentation and regional market analysis.
An electrostatic precipitator (ESP) is a filtration device that removes fine particles, like dust and smoke, from a flowing gas using the force of an induced electrostatic charge minimally impeding the flow of gases through the unit.
Environment-protection policies emphasize the importance of better air quality and air pollution control, something achievable to a great extent with the use of electrostatic precipitators. The purpose of this industry is higher efficiency numbers, especially in coal-fired power generation. Increased adoption of newer technologies and subsequent renovation by existing power plants bring numerous opportunities for this market in the future. Since demand for coal-fired power plant is going to shrink.
In general, Asia is the leader of global electrostatic precipitator market. The reason of it is the addition of a lot of electric utility in China and other emerging countries in this region. And India, where coal-fired generation occupies a majority segment of the overall power generation mix, is also expected a huge demand. Meanwhile, the new market for ESPs is likely to be shrinking in Europe and USA.
The downstream industries of electrostatic precipitator are mainly power generation, cement, mining and pulp and paper industry. In recent years, the governments of developed countries enact more and more environment-protection policy, and the demand for electrostatic precipitator will correspondingly decrease.
Although sales of electrostatic precipitator bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the electrostatic precipitator field hastily.
According to this study, over the next five years the Electrostatic Precipitator (ESP) market will register a 4.6% CAGR in terms of revenue, the global market size will reach US$ 7110 million by 2024, from US$ 5420 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electrostatic Precipitator (ESP) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Electrostatic Precipitator (ESP) market by product type, application, key manufacturers and key regions and countries.
This study considers the Electrostatic Precipitator (ESP) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
- Cement
- Mining
- Pulp and Paper
- Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Spain
- Middle East & Africa
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- GE
- Feida
- Balcke-Dürr
- Longking
- Siemens
- Babcock & Wilcox
- FLSmidth
- Tianjie Group
- Sinoma
- Hamon
- Foster Wheeler
- BHEL
- Ducon Technologies
- Sumitomo
- KC Cottrell
- Hitachi
- Hangzhou Tianming
- Kelin
- Trion
- Elex
- Fuel Tech
- Geeco Enercon
- Thermax
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
- To study and analyze the global Electrostatic Precipitator (ESP) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Electrostatic Precipitator (ESP) market by identifying its various subsegments.
- Focuses on the key global Electrostatic Precipitator (ESP) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Electrostatic Precipitator (ESP) with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Electrostatic Precipitator (ESP) submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.