Electrostatic Precipitator Market Size - By System (Dry, Wet), By Design (Plate, Tubular), By Emitting Industry (Power Generation, Chemicals and Petrochemicals, Cement, Metal Processing & Mining, Manufacturing, Marine), Regional Outlook & Forecast, 2024 –
Electrostatic Precipitator Market Size - By System (Dry, Wet), By Design (Plate, Tubular), By Emitting Industry (Power Generation, Chemicals and Petrochemicals, Cement, Metal Processing & Mining, Manufacturing, Marine), Regional Outlook & Forecast, 2024 – 2032
Electrostatic Precipitator Market size will depict over 6.4% CAGR between 2024 and 2032, due to surging integration of digital technologies, including IoT and AI for enhancing monitoring, control, and maintenance. These solutions are enabling real-time data analysis, predictive maintenance, and remote monitoring for improving the reliability and performance of ESPs (electrostatic precipitators).
Moreover, the growing awareness of the health impacts of air pollution is driving investments in air quality improvement measures, urging industries to prioritize the installation of ESPs to protect public health and comply with environmental regulations, stimulating the market growth. For example, in September 2022, The ADB (Asian Development Bank) established the Asia Clean Blue Skies Program to intensify investments for enhancing the air quality in Asia and the Pacific.
The electrostatic precipitator market is segmented into system, design, emitting industry and region.
In terms of design, the industry size from the plate segment will attain notable CAGR from 2024 to 2032. This is led by their growing usage in sectors, such as power generation, cement, steel, and chemicals to meet the pressing need for effective pollution control technologies. Rising crucial role in maintaining the efficiency and compliance of pollution control systems across various industries will also favor the segment growth
Based on emitting industry, the electrostatic precipitator market share from the cement segment will exhibit considerable expansion up to 2032, owing to their durability and low maintenance requirements. Cement plants are large-scale operations that produce significant volumes of dust. To that end, ESPs are widely used to handle large gas volumes and high particulate loads, making them suitable for the scale of operations in the cement domain.
North America electrostatic precipitator industry value will register substantial growth between 2024 and 2032, due to the growing emphasis on energy-efficient solutions in the region. The rapid expansion of the renewable energy sector, particularly biomass and waste-to-energy plants, is contributing to the demand for ESPs. The surging awareness about the health impacts of air pollution coupled with the rising investments in air quality improvement measures will prove favorable for the regional market growth.
Chapter 1 Methodology & Scope
1.1 Research Design
1.2 Base estimates & calculations
1.3 Forecast model
1.4 Primary research & validation
1.4.1 Primary sources
1.4.2 Data mining sources
1.5 Market Definitions
Chapter 2 Executive Summary
2.1 Industry 360° synopsis, 2021 – 2032
Chapter 3 Industry Insights
3.1 Industry ecosystem
3.2 Regulatory landscape
3.3 Industry impact forces
3.3.1 Growth drivers
3.3.2 Industry pitfalls & challenges
3.4 Growth potential analysis
3.5 Porter's analysis
3.5.1 Bargaining power of suppliers
3.5.2 Bargaining power of buyers
3.5.3 Threat of new entrants
3.5.4 Threat of substitutes
3.6 PESTEL analysis
Chapter 4 Competitive landscape, 2023
4.1 Introduction
4.2 Strategic dashboard
4.3 Innovation & technology landscape
Chapter 5 Market Size and Forecast, By System, 2021 – 2032 (USD Billion)
5.1 Key trends
5.2 Dry
5.3 Wet
Chapter 6 Market Size and Forecast, By Design, 2021 – 2032 (USD Billion)
6.1 Key trends
6.2 Plate
6.3 Tubular
Chapter 7 Market Size and Forecast, By Emitting Industry, 2021 – 2032 (USD Billion)
7.1 Key trends
7.2 Power Generation
7.3 Chemicals and Petrochemicals
7.4 Cement
7.5 Metal Processing & Mining
7.6 Manufacturing
7.7 Marine
7.8 Others
Chapter 8 Market Size and Forecast, By Region, 2021 – 2032 (USD Billion)