Electrostatic Precipitator Industry Statistics

In this post, we analyze key statistics and trends shaping the global electrostatic precipitator industry. From market values and growth projections to regional market shares and major players, these data points offer valuable insights into the current landscape and future prospects of this essential industry.

Statistic 1

"The global electrostatic precipitator market was valued at USD 11.56 billion in 2017."

Statistic 2

"The industry is projected to reach USD 14.97 billion by 2027, at a CAGR of 3.3% during the forecast period 2020–2027."

Statistic 3

"The Asia Pacific held the largest share in the global Electrostatic Precipitator Market in 2020."

Statistic 4

"The Wet type Electrostatic Precipitator sub-segment held the largest market share of 64.28% in 2020."

Statistic 5

"China is the largest market for electrostatic precipitators in the world, with over 40% of the global market share."

Statistic 6

"In North America, the U.S. holds the largest market share for electrostatic precipitators."

Statistic 7

"Power plant application accounted for over 23% of the global electrostatic precipitator market share in 2017."

Statistic 8

"The global market for Electrostatic Precipitators is anticipated to grow at a CAGR of 4% between the years 2019 and 2024."

Statistic 9

"40% of the world’s coal-fired power plants use an electrostatic precipitator."

Statistic 10

"India's market for electrostatic precipitators is growing at a CAGR of 5.6% between 2021 and 2026."

Statistic 11

"The dry type electrostatic precipitator accounted for the largest market share of 35.6% in 2018, globally."

Statistic 12

"The worldwide market for Electrostatic Precipitator is expected to grow at a CAGR of roughly 1.2% over the next five years, will reach 14100 million US$ in 2024."

Statistic 13

"Europe held the second position in the global market share of electrostatic precipitators in 2018."

Statistic 14

"Japan is anticipated to exhibit significant growth in the electrostatic precipitator market with a CAGR of 1.5% from 2018 to 2025."

Statistic 15

"Globally, the market for electrostatic precipitators is dominated by four major players - GE, Siemens, Hamon, Balcke-Dürr accounting for 57% of the market."

Statistic 16

"The residential segment occupied around 15% of the total market share in 2018."

Statistic 17

"Sales of electrostatic precipitators have witnessed a surge in China, with revenues from the country accounting for over 30% of the total ESP sales as of 2018."

Statistic 18

"Japan’s electrostatic precipitator industry is expected to grow at a CAGR of around 5%, from 2016 to 2024."

The statistics presented paint a clear picture of the global electrostatic precipitator industry, showing steady growth and market dominance by key players in specific regions. With a projected market value increase from USD 11.56 billion in 2017 to USD 14.97 billion by 2027, at a CAGR of 3.3%, it’s evident that the industry is on a positive trajectory. Key markets such as China, the U.S., and India are driving this growth, with a significant proportion of coal-fired power plants worldwide utilizing electrostatic precipitators. The market landscape is competitive, with a few major players holding a substantial market share. These trends highlight the importance and demand for electrostatic precipitators globally, especially in regions like Asia Pacific, North America, and Europe.