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parallel plate-weighted wire has now been replaced by modern versions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).
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 depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
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
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perspective on different factors driving or restraining market
growth
- It provides a technological
growth map over time to understand the industry growth rate
- It provides a seven-year
forecast assessed on the basis of how the market is predicted to
grow
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key product segments and their future
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business decisions by having complete insights of market and by making
in-depth analysis of market segments
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graphics and exemplified SWOT analysis of major market segments
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