Asia-Pacific Electrostatic Precipitator Market is growing with factors such as increasing construction activities across the globe, technological advancements in emission control solutions, increasing electricity demand across emerging nations on account of rapid urbanization.
However, stringent government regulations are hindering the growth of the market.
Asia-Pacific Electrostatic Precipitator Market Scenario
According to Data Bridge Market Research, the market for China has the highest market share, followed by India and Japan. The market leader is Fujian Longking co., ltd. which caters to almost 19.50% market share, followed by Mitsubishi Power, Ltd. (A Subsidiary of Mitsubishi Heavy Industries, Ltd.) 6.20%, and Bharat Heavy Electricals Limited 5.70% market share coverage.
For instances,
- Fujian Longking Co., Ltd. is considered as China's leading enterprise in flue gas dedusting by China Environmental Protection Industry Association. With this, the company has successfully become national environmental protection dust removal industry, the first listed company in China
- In August 2021, Mitsubishi Power, Ltd. had signed a three-year agreement to maintain boilers crucial for reliable energy access in Mindanao at Thermal South, Inc. (TSI). This agreement is done to enhance boiler reliability and support the power generation needs of Mindanao. With this, the company have contributed to the provision of stable and efficient power source across the region
- In March 2021, Bharat Heavy Electricals Limited had conducted the boiler light-up of 1x800 MW at North Chennai Thermal Power Station (NCTPS) Stage Ill. The NCTPS Stage Ill project is India's highest-rated thermal power plant and the country's first supercritical project to light up its boilers. This helped the company to supply and commissioned electricity for the main plant package
Trends Impacting the Market
Now the question is, which other regions Fujian longking co., ltd are targeting? Data Bridge Market Research has forecasted a large growth of the electrostatic precipitator market and the market leaders targeting China and Japan to be their next pocket revenue for 2021.
The companies dealing with electrostatic precipitators are General Electric, S.A HAMON, Thermax Limited, Sumitomo Heavy Industries, Ltd, Fujian Longking Co., Ltd., FLSmidth, Babcock & Wilcox Enterprises, Inc., Mitsubishi Power, Ltd., KC Cottrell, KLEAN, John Wood Group PLC, Bharat Heavy Electricals Limited, Pennar Industries Limited, GEA Group Aktiengesellschaft, Siemens Energy, among others.
Asia-Pacific Electrostatic Precipitator Market Developments
- In January 2018, Bharat Heavy Electricals Limited had secured an order worth RS. 215 crore to renovate and modernize electrostatic precipitators (ESPs) at a thermal power station in Bihar, India. Renovation of these ESPs will enable these units to meet the new norms for suspended particulate matter (SPM) emission. This helped the company to expand and improve its power sector in the eastern region
- In August 2021, Mitsubishi Power, Ltd. had introduced a global network of TOMONI HUBs that use artificial intelligence to provide real-time, cyber-secure interactive support of plant operation and maintenance across the region. Each HUB has access to cyber secure cloud-based analytics and leverages distributed knowledge databases that draw the company's global experience. With this, the company has increased real-time collaboration among the energy system operators and the worldwide resources
- In January 2021, Sumitomo Heavy Industries, Ltd. had signed an agreement with Woima Finland Oy to bring a scalable, easy-to-deploy power plant solution to the global waste-to-energy market. The waste WOIMA facility is a one-of-a-kind solution to the growing problem of municipal waste and the environmental challenges of landfilling. It is ideal for small and medium-sized cities with their own waste management and energy-producing systems. The agreement will help the company advance its plant automation and standardized maintenance and ensure high plant reliability and reduced operating costs
Scope of the Asia-Pacific Electrostatic Precipitator Market
- On the basis of country, the Asia-Pacific electrostatic precipitator market is segmented into China, Japan, South Korea, India, Australia, Singapore, Malaysia, Philippines, Thailand, Indonesia, and the rest of Asia. All country-based analysis of the Asia-Pacific electrostatic precipitator market is further analyzed based on maximum granularity into further segmentation.
Asia-Pacific electrostatic precipitator market is segmented into four notable segments, which are by type, offering, application, and end user.
- On the basis of type, the Asia-Pacific electrostatic precipitator market is segmented into dry ESP and wet ESP. On the basis of offering, the Asia-Pacific electrostatic precipitator market is segmented into hardware and software, and services. On the basis of application, the Asia-Pacific electrostatic precipitator market is segmented into coal-fired generation, electric arc furnaces, gas turbines, solid-waste incinerators, industrial powers, and others. On the basis of end user, the Asia-Pacific electrostatic precipitator market is segmented into power generation, metal processing, cement, manufacturing, chemical and petrol chemical, marine, and others.
Key Pointers Covered In Asia-Pacific Electrostatic Precipitator Market Industry Trends And Forecast To 2028
- Market size
- Top to bottom market analysis
- Recent developments for market competitors
- Recent market value for different countries
- Market value and overview of Asia machine vision in logistics market
- Company profiling of top eight players of Asia-Pacific electrostatic precipitator market
Key Market Competitors Covered in the Report
- General Electric
- S.A HAMON
- Thermax Limited
- Sumitomo Heavy Industries, Ltd
- Fujian Longking Co., Ltd.
- FLSmidth
- Babcock & Wilcox Enterprises, Inc.
- Mitsubishi Power, Ltd. (A Subsidiary of Mitsubishi Heavy Industries, Ltd.)
- KC Cottrell
- KLEAN
- John Wood Group PLC
- Bharat Heavy Electricals Limited
- Pennar Industries Limited
- GEA Group Aktiengesellschaft
- Siemens Energy
Above are the key players covered in the report for the Asia-Pacific electrostatic precipitator market
Research Methodology: Asia-Pacific electrostatic precipitator market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or can drop down your inquiry.
The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Manufacturer, Researchers, Scientists, Research Laboratories
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers, among others.
Related Reports
- Global Electrostatic Precipitator Market Industry Trends and Forecast to 2028
- Asia-Pacific Electrostatic Precipitator Market Industry Trends and Forecast to 2027.
Browse in Semiconductors and Electronics Category Related Reports@ https://www.databridgemarketresearch.com/ar/report-category/semiconductors-and-electronics/
