Electrostatic precipitators (ESP) are a filtration gadgets used to eliminate fine particles from a fumes gas by electrostatic power. ESPs have high assortment proficiency and can handle enormous volumes of gas at high temperatures. This makes them vital for heavy industries such as steel and cement, and especially thermal power plants. Combustion processes in coal-fired power plants benefit from better performance through the use of ESP. They also act as conditioning systems for the fly ash and combustion gases produced during the process.
The electrostatic precipitator utilizes electrostatic power to catch dust particles that emerge from an approaching gas. An electrostatic precipitation framework by and large comprises of the accompanying: a force source, like a transformer and rectifier, an ionization source, a residue evacuation system, and an outside walled in area to gather and release the residue. The disposal of the destructive substance that emerge from the ignition gases is important to keep away from the fermentation of the water and the dirt, to keep a sufficient degree of ozone at ground level and to contain the danger of different respiratory or cardiovascular illnesses, disease and fruitfulness issues.
Improved air pollution control regulations will boost the electrostatic precipitators market. In addition, the growth of coal-fired power plants and the growth of the cement industry are seen as key opportunities for the electrostatic precipitators market. In addition, Asia-Pacific, in partnership with the Chinese Ministry of Environmental Protection (MEP), is focusing on key factors, for example, improving air quality, reducing air pollution, water pollution, improving protection environment and strengthen environmental cooperation. In addition, the boom in industrial development and the increasing growth of the cement industry create opportunities that will help increase the demand for electrostatic precipitators market during the forecast period. The global electrostatic precipitators market is expected to grow at an average growth rate over the forecast period mainly due to increasing environmental issues. All of these factors are likely to increase the demand for the electrostatic precipitator.
The high cost of disposal and the increasing demand for alternative energy sources are just some of the factors that can hamper the growth of the electrostatic precipitators market. The increasing adoption of new industrial facilities and the consequent redevelopment of current power plants confirms that they will be very attractive opportunities for the electrostatic precipitators market in the coming years.
The dry electrostatic precipitators market will experience significant growth due to high separation efficiency and low operating cost. These systems can collect dust at temperatures ranging from room temperature to several 1000 C. In addition, the high applicability for the collection of dry polluting particles, as well as the operational efficiency in a wide range of exhaust gas temperatures, make the product is suitable for various industries.
By End User:
The power and electricity industry accounts for the majority of the electrostatic precipitators market. Electrostatic precipitators are used by power and energy generation companies around the world due to the advantages they offer in terms of better performance, higher particle collection efficiency, and the ability to efficiently process large quantities of fly ash. The implementation of these systems in thermal power plants and oil refineries has failed due to the application of strict environmental laws and strict emission standards, giving the energy and electricity industry the first place in terms of market size.
The hardware and software supply market accounts for the majority of the electrostatic precipitators market. The great need for hardware and software parts in various types of electrostatic precipitators has contributed to the leadership position of the hardware and software segment, in terms of market size. Hardware components such as discharge electrodes, high voltage electrical systems, collection electrodes, hoppers, rappers, and housing, are the building blocks of electrostatic precipitators and are essential for their proper operation.
Marked Segmentation based on the region:
The US electrostatic precipitators market will develop consistently by over 4% through 2024. Progressing development activities and developing mindfulness among industry players for the selection of outflow control advancements will drive the measurements of the business. What's more, heavy interests in different framework undertakings will drive the establishment and modernization of these frameworks.
Europe was the second largest region, in terms of revenue, due to the increasing demand for pollution control equipment from several important end-use applications. The European market share is expected to exceed $ 1.6 billion by 2024. Increased mining activities due to growing demand for precious metals and increased attention to sustainability will complete the business landscape. The acceleration of exports in the metal processing sector due to increased demand from the automotive industry will further boost product penetration.
Asia-Pacific is expected to lead the electrostatic precipitators market during the forecast period due to China's increased economic performance; Large investments in research and development with growing industrial support are expected to drive this growth
a. Middle East
Key Players of Market:
The major players covered in the electrostatic precipitator market report are FLSmidth, Siemens, Babcock & Wilcox Enterprises, Inc., John Wood Group PLC, SEI-Group Inc., KC Cottrell India, Balcke-Dürr GmbH, ELEX AG, S.A. HAMON, Beltran Technologies, Inc., Mitsubishi Hitachi Power, Ltd., Fujian Longking Co., Ltd., GEA Group Aktiengesellschaft, Thermax Limited, Sumitomo Heavy Industries, Ltd., BHEL, General Electric, AirPol, Zauba Technologies & Data Services Private Limited and ECP Group Oy among other domestic and global players.
IMPACT OF COVID-19 ON ELECTROSTATIC PRECIPITATOR MARKET:
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country in the world, and the World Health Organization declared it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already beginning to be felt and will significantly affect the electrostatic precipitators market in 2021. The COVID-19 outbreak has affected many aspects, such as flight cancellations; travel bans and quarantines; closed restaurants; all indoor / outdoor events are limited; more than 40 countries have declared a state of emergency; massive drop in the supply chain; volatility of the securities markets; declining business confidence, growing public panic, and uncertainty about the future.
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Electrostatic Precipitator Market, By Type
6.1.1 Dry ESP
6.1.2 Wet ESP
6.1.3 Market Size Estimations & Forecasts (2021-2026)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Electrostatic Precipitator Market, By End-User
6.2.1 Power & Electricity
6.2.6 Market Size Estimations & Forecasts (2021-2026)
6.2.7 Y-o-Y Growth Rate Analysis
6.2.8 Market Attractiveness Index
6.3 Electrostatic Precipitator Market, By Offering
6.3.1 Hardware & Software
6.3.3 Market Size Estimations & Forecasts (2021-2026)
6.3.4 Y-o-Y Growth Rate Analysis
6.3.5 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.2 By Type
7.2.3 By End-User
7.2.4 By Offering
7.3.1 By Country
184.108.40.206 Rest of Europe
7.3.2 By Type
7.3.3 By End-User
7.3.4 By Offering
7.4 Asia Pacific
7.4.1 By Country
220.127.116.11 South Korea
18.104.22.168 South East Asia
22.214.171.124 Australia & NZ
126.96.36.199 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By End-User
7.4.4 By Offering
7.5 Latin America
7.5.1 By Country
188.8.131.52 Rest of Latin America
7.5.2 By Type
7.5.3 By End-User
7.5.4 By Offering
7.6 Middle East and Africa
7.6.1 By Country
184.108.40.206 Middle East
7.6.2 By Type
7.6.3 By End-User
7.6.4 By Offering
8. Key Player Analysis
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.3 Babcock & Wilcox Enterprises, Inc.
8.4 John Wood Group PLC
8.5 SEI-Group Inc.
8.6 KC Cottrell India
8.7 Balcke-Dürr GmbH
8.8 ELEX AG
8.9 S.A. HAMON
8.10 Beltran Technologies, Inc.
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures