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Electrostatic Precipitator (ESP) Market Segment Forecasts up to 2019, Research Reports:TMR

Electrostatic Precipitator (ESP) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019
John Collins | 09.05.2016
Electrostatic Precipitators (ESPs) are a filtration device used for removing fine particulate matter from an exhaust gas by means of an electrostatic force. ESPs possess high collection efficiency and can handle large gas volumes at high temperatures. This renders them vital to heavy industries such as steel mills & cement plants, and especially to thermal power plants. Combustion processes in coal-fired power plants receive a performance boost with the use of ESPs. They also act as conditioning systems for the fly ash and flue gases produced during the process.

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Environmental, Health, & Safety guidelines emphasize the need for better air quality & air pollution control, something achievable to a great extent with the use of ESPs. This industry is aiming towards higher efficiency numbers, especially in coal-fired electricity generation. Increased adoption of newer technologies & subsequent renovation by existing power plants prove to be very attractive opportunities for this market in the future. Since demand for thermal power generation is not going to recede, the threat level for the ESP industry is minimal.

The technological segmentation of ESPs is done depending onthe characteristics of particulate matter involved and volume of the exhaust gas. Based upon whether steam is used, the classification is done as wet ESP and dry ESP. The primary segmentation for ESP’s are done on the basis of the components. The earlier design of the parallel plate-weighted wire has now been replaced by modern versions including the pipe-frame design.

Asia is the market leader for new systems as well as the repair & upgrade of existing ESPs. This is mainly due to addition of a large number of power plants in China and other emerging economies in this region. Major demand is also expected in India, where coal-fired generation occupies a majority segment of the overall power generation mix. Meanwhile, the new market for ESPs is likely to be small in Western Europe and North America. The regional segmentation will be done as North America, Europe, Asia Pacific, and Rest of the World (ROW).

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Some of the key players in this market include Alstom, Siemens AG, The Babcox and Wilcox Co., and Blacke-Durr GmBH among others.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

North America
Asia Pacific
Europe
Middle East and Africa
Latin America

This report provides comprehensive analysis of

Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report

This report provides pin-point analysis for changing competitive dynamics

It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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