Electrostatic Precipitator Market Size To Reach $14.97 Billion By 2025 | Key Industry Players Mutares AG., ELEX AG
San
Francisco, 30 October 2018 - The global electrostatic precipitator market size is
projected to be valued at USD 14.97 billion by 2025, according to a new report
by Grand View Research, Inc. It is anticipated to expand at a CAGR of 3.3% over
the forecast period. Rising consumer awareness, inclination towards healthy
lifestyle, and rise in air pollution are expected to drive the market growth.
Rising adoption of air pollution control equipment,
coupled with stringent government regulations, is expected to boost the global
electrostatic precipitator market by 2025. Industrialization of energy and
manufacturing industries is predicted to further enhance business growth over
the forecast period.
Increasing investments and technological
advancements are expected to encourage expansion of the market for
electrostatic precipitator in the forthcoming years. Critical air pollution
level caused by vehicles and industries coupled with high demand for pollution
controlling equipment in developing countries such as India and China are anticipated
to spur market growth over the forecast period.
The power generation segment is expected to expand
at a CAGR of 4.2% over the forecast period. High dependency on electricity in
automotive backed up with industrial automation is expected to boosts demand
for power generation application in near future. Power generation industry has
witnessed drastic change in processes as majority of the industrial players
opted for renewable energy sources such as wind, natural gas, solar etc.
In terms of technology, the dry type electrostatic
precipitator was valued at USD 9.66 billion in 2017 and is predicted to witness
robust growth over the forecast period. High adoption coupled with government
policies and regulations is projected to encourage market growth over the
forecast period.
Full
Research Report On Global Electrostatic Precipitator Market By Grand View
Research:
www.grandviewresearch.com/industry-analysis/electrostatic-precipitator-market
www.grandviewresearch.com/industry-analysis/electrostatic-precipitator-market
Further
key findings from the report suggest:
- The U.S. electrostatic precipitator market
revenue is projected to expand at a 2.2% CAGR over the forecast period
owing to stringent governmental policies along with rise in demand for air
pollution control equipment
- U.K., in terms of revenue, is projected to
register a 1.8% CAGR over the forecast period
- Growth in the India market can be attributed to
rapid pace of industrialization, rising air pollution levels, and evolving
regulatory framework.
Browse
More Reports Of This Category By Grand View Research:
www.grandviewresearch.com/industry/power-generation-and-storage
www.grandviewresearch.com/industry/power-generation-and-storage
Grand View Research has segmented the global
electrostatic precipitator market on the basis of technology, application, and
region:
Electrostatic
Precipitator Technology Outlook (Revenue, USD Million, 2014 - 2025)
- Dry
- Wet
Electrostatic
Precipitator ApplicationOutlook (Revenue, USD Million, 2014 - 2025)
- Chemical
- Metal
- Power Generation
- Cement
- Manufacturing
- Other
Electrostatic
Precipitator Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- Russia
- U.K.
- Spain
- Italy
- Asia Pacific
- China
- Japan
- South Korea
- Australia
- India
- Central & South America
- Brazil
- Middle East & Africa
- UAE
- Saudi Arabia
Access
Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/global-electrostatic-precipitator-market
www.grandviewresearch.com/press-release/global-electrostatic-precipitator-market
About
Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For
More Information: www.grandviewresearch.com
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