Report Description

This research study analyzes the market for industrial emission control systems in terms of revenue (US$ Mn). The industrial emission control systems market has been segmented on the basis of emission source, type of emission control device, and geography. The geographical segmentation includes regions which are further divided into eight countries (major players in the global industrial emission control systems market). For the research, 2014 has been taken as the base year, while all forecasts have been given for the period from 2015 to 2023. Market data for all the segments has been provided at the regional as well as country-specific level from 2015 to 2023.

The report provides a broad competitive analysis of companies engaged in the industrial emission control systems business. The report also includes the key market dynamics such as drivers, restraints, and opportunities affecting the global industrial emission control systems market. These market dynamics were analyzed in detail and are illustrated in the report with the help of supporting graphs and tables. The report also provides a comprehensive analysis of the global industrial emission control systems market with the help of Porter’s Five Forces model. This analysis helps in understanding the five major forces that affect the structure and profitability of the global industrial emission control systems market. The forces analyzed are bargaining power of buyers, bargaining power of suppliers, threat of new entrants, threat of substitutes, and degree of competition.

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Scope

Rapidly increasing industrialization in China and India spurring the demand for power along with rising population is the major driver of the industrial emission control systems market in Asia Pacific. North America was the second-largest market for industrial emission control systems in 2014. Stringent environmental regulations and emission standards is the major driver for industrial emission control systems market in North America. Europe was the third-largest market for industrial emission control systems in 2014. The market in Rest of the World is expected to witness significant growth in the near future due to evolving emission regulations and growth in industrial productivity.

Key Players

Key players in the industrial emission control systems market include Alstom Group, Babcock & Wilcox Enterprises Inc., GEA Group AG, Johnson Matthey PLC, Mitsubishi Hitachi Power Systems Limited (MHPS), CECO Environmental Corp., and BASF Catalysts LLC.

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