Global Electrostatic Precipitator Market is Expected to grow at 4.3% in the Forecast Period of 2020 to 2027

Global Electrostatic Precipitator Market is forecasted to grow at 4.3% with factors such as increasing industrial plants across the globe. Also, growing concerns amongst government’s resulting in stringent regulation implementation which acts as a growth factor for electrostatic precipitator market.

Electrostatic precipitator market has shown an exceptional penetration in countries such as China, U.S. and India. Growing demand of power generation and cement is increasing the penetration in developed countries. In developing countries, rising concern from government institutions towards environment is creating opportunity for the global electrostatic precipitator market.

Electrostatic precipitator Market Scenario

According to Data Bridge Market Research the market for electrostatic precipitator in Asia-Pacific region has the highest market share followed by North America and Europe. Market leader is GENERAL ELECTRIC which accounts an estimated market share of approximately 15% to 20% in the Asia-Pacific. The company has gained outstanding sale through their industrial product which includes dry and wet electrostatic precipitator. For instance, In November 2017, GENERAL ELECTRIC was contracted by Australian copper mine to replace the other ESP with their new ESP which is inbuilt with Switched Integrated Rectifier (high-frequency power-supply unit).

  • In April, GENERAL ELECTRIC entered into the partnership with Cambodian Energy II Co Ltd wherein they provided electrostatic precipitator to CEL II 135 MW Coal Fired Power Plant in Stung Hav, Sihanoukville to expand their business and customer base. The company enhanced the service of Cambodian Energy II Co Ltd with their solutions and experience.

Electrostatic Precipitator Market

Trends Impacting the Market

Now the question is which other regions GENERAL ELECTRIC, Mitsubishi Hitachi Power Systems, Ltd. and John Wood Group PLC are targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific electrostatic precipitator market and the market leaders targeting China, Japan and India to be their next revenue pockets for 2020.

The electrostatic precipitator market is becoming more competitive every year with companies such as GENERAL ELECTRIC, Mitsubishi Hitachi Power Systems, Ltd. and John Wood Group PLC as they are the market leaders for electrostatic precipitator. The data bridge market research new reports highlight the major growth factors and opportunities in the Electrostatic precipitator market.

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Electrostatic Precipitator Market Development

  • In February 2020, Mitsubishi Hitachi Power Systems, Ltd. agreed to sign long-term maintenance agreement (LTMA) with BLCP Power Limited (BLCP), an independent power producer (IPP) based in Thailand. This agreement will increase the revenue of the company and will increase the market share of the company.

Scope of the Electrostatic Precipitator Market

Global electrostatic precipitator market is segmented on the basis of countries into the U.S., Canada and Mexico, Germany, U.K., France, Switzerland, Italy, Spain, Netherlands, Russia, Belgium, Turkey, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, UAE, Saudi Arabia, Israel, Egypt and Rest of Middle East & Africa.

  • All country based analysis of electrostatic precipitator market is further analyzed based on further segmentation. On the basis of design, the market is segmented into plate and tubular. On the basis of type, the market is segmented into dry ESP and wet ESP. On the basis of offering, the market is segmented into hardware & software and services. On the basis of end user, the market is segmented into power generation industry, cement, manufacturing, marine, metals processing and mining, chemicals and petrochemicals and others.

To know more about the study

Key Pointers Covered in Electrostatic Precipitator Market Industry Trends and Forecast to 2027

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Key Vendors and Disruptors Study

Key Market Competitors Covered in the Report

  • FLSmidth
  • John Wood Group PLC
  • KC Cottrell
  • S.A. HAMON
  • Fujian Longking Co., Ltd
  • Thermax Global
  • Sumitomo Heavy Industries, Ltd.
  • Siemens
  • BHEL
  • GEA Group Aktiengesellschaft
  • Feida India Private Limited
  • SEI Group Inc.
  • Beltran Technologies, Inc.
  • Balcke-Dürr GmbH
  • Mitsubishi Hitachi Power Systems, Ltd.
  • AirPol
  • ECP Group Oy

Above are the key players covered in the report, to know about more and exhaustive list of Electrostatic precipitator companies, contact us

Research Methodology: Global Electrostatic Precipitator Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Project Managers, Power Plant Managers, Cement Industry
  • Supply Side: Manufacturers, Service Providers, Product Managers, C-Level Executives, Market Intelligence, and Regulatory Affairs Managers among others.

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