Electrostatic Precipitator Market Trends

  • Report ID: 3589
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

Electrostatic Precipitator Market Trends

Growth Drivers

  • Increasing Awareness amongst Public to Reduce Pollution
  • Rising Government Initiatives to Curb Air Pollution

Challenges

  • Competition from Cheaper Alternatives
  • High Cost of Installing and Maintaining Electrostatic Precipitator

Electrostatic Precipitator Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

6.3%

Base Year Market Size (2023)

USD 7.67 billion

Forecast Year Market Size (2036)

USD 16.97 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 3589
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing level of industrial air pollution is primarily estimated to boost the market growth.

The market is anticipated to attain a CAGR of ~4% over the forecast period, i.e., 2022 – 2030.

High cost and competition from cheaper alternatives are estimated to hamper the market growth.

The market in the North America region is estimated to gain the largest market share over the forecast period owing to the growing pollution level in the region.

The major players in the market are DUCON, S.A. Hamon, Trion Solutions, Inc., Babcock & Wilcox Enterprises Inc., Amec Foster Wheeler, Thermax Limited, Siemens AG, Mitsubishi Power, Ltd., and others.
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