Home > Energy & Power > Dry Electrostatic Precipitator Market
Dry Electrostatic Precipitator Market was valued USD 7.1 billion in 2023 and is anticipated to grow at a CAGR of 6.3% from 2024 to 2032. It is an air pollution control device used to remove fine particulate matter from exhaust gases. It operates by applying a high-voltage electrostatic charge to particles in the gas stream, causing them to be attracted to and deposited on oppositely charged collection plates. The collected particles are then periodically removed from the plates by mechanical rapping or vibrating.
Rising stringent environmental regulations imposed by governments and regulatory bodies worldwide to reduce air pollution and limit emissions of particulate matter (PM) from industrial sources is set to influence the product adoption. Rapid industrialization and urbanization in emerging economies, particularly in Asia Pacific are growing need for efficient air pollution control systems thereby propelling product penetration.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
Dry Electrostatic Precipitator Market Size in 2023: | USD 7.1 Billion |
Forecast Period: | 2024-2032 |
Forecast Period 2024-2032 CAGR: | 6.3% |
2032 Value Projection: | USD 12.4 Billion |
Historical Data for: | 2021-2023 |
No. of Pages: | 90 |
Tables, Charts & Figures: | 25 |
Segments covered: | Design, Emitting Industry and Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
Increasing investment on advancing technology to enhance the efficiency and effectiveness of ESP systems is driving the market growth. Furthermore, growing innovations such as improved electrode designs, advanced materials, and sophisticated control systems to increase the collection efficiency and reliability of the system are additional factor fostering the industry statistics.