![]() Electrostatic precipitators are used by Power generation companies worldwide due to offered benefits in terms of better performance, improved particulate collection efficiency, and ability to handle large quantities of fly ash effectively. The power industry accounts for the largest share of the electrostatic precipitator market. June 2022:Lesdi partnered with leading international technology company Fuel Tech and unpacked dual flue gas conditioning technology to improve electrostatic precipitator performance and presented several case studies of innovative Air Pollution Control (APC).Įlectrostatic Precipitator End-User Insightsīased on end-user, the Electrostatic Precipitator market segmentation includes Power, Metals, Cement, and Chemicals. Hardware components, such as discharge electrodes, high voltage electrical systems, collection electrodes, hoppers, rappers, and shells, are the building blocks of electrostatic precipitators and are elemental for their proper functioning.Īugust 2022: Pune-based startup Pi Green is creating technology-driven solutions for reducing particulate matter emitted by diesel gensets. The high requirement for hardware parts in several types of electrostatic precipitators has contributed to the leading position of the hardware segment in market size. The hardware offering market accounts for the largest share of the electrostatic precipitator market. The dry segment dominated the market to its ability to withstand high temperatures and high particulate volumes, cost-effectiveness, and low electricity consumption.įigure1: Electrostatic Precipitator Market, byType, 2022&2032(USD billion)Įlectrostatic Precipitator Component Insightsīased on components, the Electrostatic Precipitator market segmentation includes Hardware, Software, and Services. The Electrostatic Precipitator market segmentation, based on type, includes Dry, Wet. The market is also expected to grow Electrostatic Precipitator market revenue due to the rising demand for electrical energy, which forces the major players in the power sector to optimize their energy-producing capabilities.Įlectrostatic Precipitator Market Segment Insights: The electrostatic precipitator (ESP) market is driven by this trend as more such solutions and products are used.Īdditionally, the electrostatic precipitator (ESP) market is likely to see significant demand due to growing awareness about the detrimental impacts of poor air quality on the respiratory health of humans. This factor increases the market CAGR in the forecast period.Īdditionally, the rapid rate of industrialization in both developed and emerging economies and the growing degree of awareness regarding the need to preserve high air quality is estimated to propel the electrostatic precipitator (ESP) market-the worsening air quality results from increased toxic emissions from industrial industries, power plants, and automobiles. The emission of harmful gasses from industries needs to be controlled due to which the demand for electrostatic precipitators will increase. There is an increasing need to control air pollution due to several health-related issues that are caused due to bad air. Due to rapid industrialization, there is a significant increase in air pollution in urban areas. Increase in Regulation against Air Pollutionis driving the market growthĭue to the implementation of an act by the Environment Protection Agency (EPA) to maintain clean air quality, all industries are mandated to install electrostatic precipitators. ![]() ![]() ![]() Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review Increased awareness of air quality management and rapid industrialization in both developing & developed economies are the key market drivers enhancing market growth. The Electrostatic Precipitator market industry is projected to grow from USD7.488 Billion in 2023 to USD 10.24784 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.00% during the forecast period (2023 - 2032). Global Electrostatic Precipitator Market Overview:Įlectrostatic Precipitator Market Size was valued at USD 7.2 billion in 2022. Ice, Electric, Hybrid, Autonomous Vehicles.Information And Communications Technology ↠. ![]()
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