Global electrostatic precipitators (ESP) systems market is worth $11,670.2 million by 2019


Posted June 17, 2015 by Andy1199

The electrostatic precipitators (ESP) systems market report defines and segments the ESP systems market with analysis and forecast of revenue.

 
The electrostatic precipitators systems market is estimated to grow from $8,431.0 million in 2013 to $11,670.2 million by 2019, at a CAGR of 5.7% from 2014 to 2019.

The global electrostatic precipitators (ESP) systems market is driven by the growth in coal and gas-fired power plants as well as in cement industry, along with the stringent government regulations to reduce air pollution in different regions.

Asia-Pacific was the largest market in global ESP system market, accounting for a share of around 50.8% in 2013.

This market has been segmented and forecast on the basis of type, geography, and application. On the basis of type, the market is segmented into dry ESP and wet ESP. On the basis of geography, the market is segmented into Asia-Pacific, Europe, Americas, Middle East, and Africa. On the basis of application, the market is segmented into coal fired generation, gas turbines, incinerators, and industrial power.

New product launches and geographical expansion are the key growth strategies adopted by the leading players the global ESP systems market. Partnerships, agreements, collaborations, joint ventures, and acquisitions have also been adopted by a significant number of market players to strengthen their product portfolios and to expand their geographic presence.

The global ESP systems market is dominated by a few global players, such as The Babcock & Wilcox Company (U.S.), Mitsubishi Hitachi Power Systems, Ltd. (Japan), Thermax Ltd. (India), Ducon Technologies Inc. (U.S.), Fujian Longking Co., Ltd. (China), Hamon Corporation (U.S.), and Siemens AG (Germany).

This report includes the market share, supply chain, and value chain analyses; along with market metrics, such as drivers and restraints. In addition, it presents a competitive landscape and profiles of the key market players.

Read More at:
http://www.micromarketmonitor.com/market-report/electrostatic-precipitator-reports-6488460662.html
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Tags electrostatic precipitators systems market , electrostatic precipitators systems market revenue forecast , electrostatic precipitators systems market trend
Last Updated June 17, 2015