In the world economic growth, the Electrostatic Precipitator (ESP) industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Electrostatic Precipitator (ESP) market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Electrostatic Precipitator (ESP) market size will be further expanded, we expect that by 2024, The market size of the Electrostatic Precipitator (ESP) will reach XXX million $.
Overview
Electrostatic precipitator (ESP) is a filtration device used for removing fine particulate matter from exhaust pipes. It is done by means of an electrostatic force. ESPs are highly efficient and can handle large volumes at high temperatures. ESPs are typically used in heavy industries such as cement plants, steel mills, and thermal plants. Moreover, it finds applications in coal-fired power plants. The global electrostatic precipitator (ESP) market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global electrostatic precipitator (ESP) market is expected to witness significant growth during the forecast period, owing to growing health awareness.
Market Drivers
Stringent environmental policies are expected to drive growth of the global electrostatic precipitator (ESP) market during the forecast period. The efforts towards the pollution-free environments are rapidly increasing, due to rising health awareness. For instance, according to the Environment Protection Agency (EPA), Clean Air Act, 1970 has set standards for improving and maintaining the quality of air. Moreover, various programs are being implemented to control pollution levels. Thus, such regulations and programs are expected to drive growth of the global electrostatic precipitator (ESP) market during the forecast period. Furthermore, rising pollution due to rapid industrialization is expected to propel the global electrostatic precipitator (ESP) market growth over the forecast period.
Market Restraint
Emergence of renewable energy sources for power plants is expected to restrain growth of the global electrostatic precipitator (ESP) market during the forecast period.
Regional Insights
Among regions, North America is expected to witness significant growth in the global electrostatic precipitator (ESP) market during the forecast period. This owing to rising automation and stringent government framework to reduce pollution levels across the region. Moreover, Asia Pacific is expected to register a lucrative growth rate over the forecast period, owing to rapid industrialization across the region.
Competitive Landscape
Key players involved in the global electrostatic precipitator (ESP) market are GE, Thermax, Feida, Fuel Tech, Inc., Foster Wheeler, Hitachi, Hangzhou Tianming, Babcock & Wilcox, Siemens, KC Cottrell, Ducon Technologies, Geeco Enercon, and FLSmidth.
Key players in the market are focused on contracts and agreements, in order to gain a competitive advantage in the market. For instance, in September 2017, GE Power India, a subsidiary of General Electric, received a contract for the supply of 4 units of 660 MW state-of-the-art electrostatic precipitator (ESP) worth US$ 49.2 million.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
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, Inc.
Geeco Enercon
Thermax
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Wet type
Dry type
Industry Segmentation
Cement
Mining
Pulp and Paper
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
Request Discount 
Inquire Before Buy
