Global Electrostatic Precipitator (ESP) Market Outlook 2017-2022

Global electrostatic precipitator (ESP) market is expected to grow at a significant CAGR of 6.6% by 2022 as the scope and its applications are rising enormously across the globe. Electrostatic precipitator (ESP) is filtration equipment used to remove fine particulate matter from an exhaust gas by using electrostatic force. It has ability to manage large gas volumes at high temperatures and has a high collection efficacy.

The factors playing a major role in the growth of electrostatic precipitator (ESP) market are the rise in environmental concerns, stringent regulations against air pollution, and rise in a number of coal-fired power plants. However, high investment cost may restrain overall market growth in the years to come. Electrostatic precipitator (ESP) market is segmented based on type, application, and region.

Wire-pipe ESP, wet ESP, wire-plate ESP, and dry ESP are the types that are explored in electrostatic precipitator (ESP) in the forecast period. Dry ESP sector accounts for the substantial market share of an electrostatic precipitator (ESP) and is estimated to lead the overall market in the years to come. The reason could be its ability to endure high temperatures and low electricity consumption.

The electrostatic precipitator (ESP) market is categorized based on applications like industrial power, coal fired generation, solid-waste incinerators, electric arc furnaces, gas turbines, and others. 

Electrostatic precipitator (ESP) market is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Middle East (UAE, Saudi, and Qatar) and Africa (South Africa).

Globally, Asia Pacific accounts for the substantial market share of an electrostatic precipitator (ESP) and is estimated to lead the overall market in the years to come. The reason behind overall market growth could be the increasing air pollution, developing industrial sector, and presence of numerous chemical, cement, and steel manufacturers in the region. Also, the presence of numerous thermal power stations boosts overall market in this region.

The key players of electrostatic precipitator (ESP) market are Trion, General Electric, Hamon Group, Mitsubishi Hitachi Power Systems, Fujian Longking, Siemens, Ducon Technologies, Amec Foster Wheeler, Thermax Global, and Babcock & Wilcox. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

The global market for electrostatic precipitator will grow at a CAGR of 6.6% by 2022, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application (power, cement, mining, etc.), and by geography (North America, Europe, Asia-Pacific, MEA and South America).

The report covers forecast and analysis for the electrostatic precipitator market on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both output/volume and revenue. The study then describes the drivers and restraints for the electrostatic precipitator market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the electrostatic precipitator market on a global level.

The report has been prepared based on the synthesis, analysis, and interpretation of information about the global electrostatic precipitator market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.

Demand for this market rises from the power, cement, mining, and other applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2022. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global electrostatic precipitator market.

Key Applications
- Power
- Cement
- Mining

Key Regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
- Airpol
- Amec Foster Wheeler
- Babcock & Wilcox
- Balcke-Dürr
- Beltran Technologies
- Ducon Technologies
- EWK Umwelttechnik
- FLSmidth
- Fujian Longking
- GE Power
- Hitachi
- Johnson Controls
- PPCAIR
- Siemens
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Key Questions Answered in this Report
- What will the market size be in 2022?
- What are the key factors driving the global electrostatic precipitator market?
- What are the challenges to market growth?
- Who are the key players in the electrostatic precipitator market?
- What are the market opportunities and threats faced by the key players?