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 USD 7110 million by 2024, from USD 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.
Wet type
Dry type
Others
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-D?rr
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.
