LONDON--(BUSINESS WIRE)--Technavio has been monitoring the industrial emission control systems market and it is poised to grow by $ 6.46 bn during 2020-2024, progressing at a CAGR of 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Babcock & Wilcox Enterprises Inc., CECO Environmental Corp., Ducon, Dürr Systems AG, Fujian Longking Co. Ltd., General Electric Co., Hamon & Cie (International) SA, Mitsubishi Hitachi Power Systems Ltd., Sumitomo Heavy Industries Ltd., and Thermax Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Increase in stringent government regulations has been instrumental in driving the growth of the market. However, increasing adoption of renewable energy sources might hamper the market growth.
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Industrial Emission Control Systems Market 2020-2024: Segmentation
Industrial Emission Control Systems Market is segmented as below:
- Oil And Gas
- Power Generation
- Iron and Steel
- North America
- South America
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Industrial Emission Control Systems Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The industrial emission control systems market report covers the following areas:
- Industrial Emission Control Systems Market Size
- Industrial Emission Control Systems Market Trends
- Industrial Emission Control Systems Market Industry Analysis
This study identifies the increase in power and electricity demand globally as one of the prime reasons driving the Industrial Emission Control Systems Market growth during the next few years.
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Industrial Emission Control Systems Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist industrial emission control systems market growth during the next five years
- Estimation of the industrial emission control systems market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the industrial emission control systems market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of industrial emission control systems market vendors
Table of Contents:
- Market Overview
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End user
- Oil and gas - Market size and forecast 2019-2024
- Power generation - Market size and forecast 2019-2024
- Iron and steel - Market size and forecast 2019-2024
- Cement - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by End user
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver - Demand led growth
- Volume driver - Supply led growth
- Volume driver - External factors
- Volume driver - Demand shift in adjacent markets
- Price driver - Inflation
- Price driver - Shift from lower to higher-priced units
- Market challenges
- Market trends
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Babcock & Wilcox Enterprises Inc.
- CECO Environmental Corp.
- Dürr Systems AG
- Fujian Longking Co. Ltd.
- General Electric Co.
- Hamon & Cie (International) SA
- Mitsubishi Hitachi Power Systems Ltd.
- Sumitomo Heavy Industries Ltd.
- Thermax Ltd.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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