An electrostatic precipitator (ESP) is a device designed to remove fine particles such as dust and smoke from a gas stream by utilizing an induced electrostatic charge. It functions by ionizing particles within the gas, causing them to adhere to charged collector plates. ESPs are extensively employed in industrial settings to mitigate air pollution and enhance air quality.
The primary components of an electrostatic precipitator include hardware for particle charging and collection, utilizing high-voltage electrodes, and control software for optimizing efficiency and performance through continuous real-time monitoring and adjustment. ESPs can be either plate-type or tubular in design, catering to various industries including power generation, chemicals, petrochemicals, cement, metal processing, mining, manufacturing, marine, and others.
The electrostatic precipitator market research report is one of a series of new reports from The Business Research Company that provides electrostatic precipitator market statistics, including electrostatic precipitator industry global market size, regional shares, competitors with a electrostatic precipitator market share, detailed electrostatic precipitator market segments, market trends and opportunities, and any further data you may need to thrive in the electrostatic precipitator industry. This electrostatic precipitator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The electrostatic precipitator market size has grown strongly in recent years. It will grow from $7.66 billion in 2024 to $8.15 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to environmental regulations, economic growth, government incentives, economic policies, public-private partnerships.
The electrostatic precipitator market size is expected to see strong growth in the next few years. It will grow to $10.33 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to natural gas infrastructure development, expansion of refineries and petrochemicals, rising demand for electricity, rising health concerns, demand for pollution control equipment. Major trends in the forecast period include demand from food processing industry, technological innovations, rise in industrialization, expansion of power generation capacity, integration with IoT and AI.
The growth in the industrialization and construction sectors is expected to drive the expansion of the electrostatic precipitator market. The industrialization sector involves the large-scale manufacturing and production of goods, often through mechanized processes. The construction sector encompasses the planning, development, and building of physical structures such as residential, commercial, and infrastructure projects. The rising demand for industrialization is fueled by global economic growth, technological advancements in automation, and the increasing consumer demand for manufactured goods. As industrial and construction activities grow, so does the need for effective environmental management, making electrostatic precipitators essential for controlling pollutants and ensuring regulatory compliance. For example, in September 2024, the United States Census Bureau reported that construction spending in July 2024 was estimated at a seasonally adjusted annual rate of $2,162.7 billion, 6.7% higher than the July 2023 estimate of $2,027.4 billion. During this period, spending on construction reached $1,237.5 billion, 8.8% higher than the $1,137.4 billion recorded in the same period in 2023. Thus, the growth in the industrialization and construction sectors is expected to drive the electrostatic precipitator market moving forward.
Leading companies in this market are focusing on advancing technologies for emission control systems in the marine industry. The marine industry encompasses commercial and recreational activities on oceans, seas, and waterways. For instance, Valmet Oyj launched a new wet electrostatic precipitator (WESP) for the marine sector in May 2022. This technology enhances emission control, helping vessels reduce harmful particulate matter emissions from exhaust gases. It supports shipping companies in meeting emission targets and regulatory requirements amidst tightening environmental regulations.
In January 2023, Babcock and Wilcox Enterprises, Inc., a US-based company specializing in energy and environmental technologies that offers services and engineered solutions across multiple industries, acquired Hamon Research Cottrell, Inc. for an undisclosed amount. Through this acquisition, Babcock and Wilcox Enterprises aims to strengthen its emissions control capabilities and promote cleaner energy production by incorporating advanced environmental technologies into its offerings. Hamon Research Cottrell, Inc. is a US-based provider of air pollution control solutions, specializing in the manufacture of electrostatic precipitators designed to efficiently manage particulate emissions across various industrial sectors.
Major companies operating in the electrostatic precipitator market are Siemens AG, General Electric, Mitsubishi Hitachi Power Ltd., Sumitomo Heavy Industries Ltd., GEA Group Aktiengesellschaft, Valmet, John Wood Group PLC, Bharat Heavy Electricals Limited, FLSmidth Cement A/S, SEI-GROUP, Rieco Industries, SPX Corporation, Thermax Limited, Fujian Longking Co. Ltd., Balcke-Durr GmbH, Babcock & Wilcox Enterprises Inc., Ducon Technologies Inc., Monroe Environmental Corp., Envitech Inc., TSI Incorporated
Asia-Pacific was the largest region in the electrostatic precipitator market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the electrostatic precipitator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the electrostatic precipitator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The electrostatic precipitator (ESP) market consists of revenues earned by entities by providing services such as design and engineering, installation, maintenance and repair, and upgrades or retrofitting of ESP systems. Additionally, entities may offer consulting services for optimizing ESP performance and ensuring compliance with environmental regulations. The market value includes the value of related goods sold by the service provider or included within the service offering. The electrostatic precipitator (ESP) market also includes sales of ESP units, spare parts, and components such as discharge electrodes, collection plates, transformers, rectifiers, and control systems. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Electrostatic Precipitator Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on electrostatic precipitator market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for electrostatic precipitator ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The electrostatic precipitator market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:1) By Offering: Hardware And Software; Services
2) By Design: Plate; Tubular
3) By End User: Power Generation; Chemicals And Petrochemicals; Cement; Metal Processing And Mining; Manufacturing; Marine; Other End Users
Subsegments:
1) By Hardware And Software: Electrostatic Precipitator Systems (Hardware); Plate Type Electrostatic Precipitators; Tubular Electrostatic Precipitators; Control And Monitoring Software; Automation And Process Control Software; Monitoring And Diagnostic Software; Emission Control Software
2) By Services: Installation Services; Maintenance And Repair Services; System Upgrades And Retrofitting Services; Consulting And Design Services
Companies Mentioned: Siemens AG; General Electric; Mitsubishi Hitachi Power Ltd.; Sumitomo Heavy Industries Ltd.; GEA Group AG
3. Electrostatic Precipitator Market Trends And Strategies
4. Electrostatic Precipitator Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market
5. Global Electrostatic Precipitator Growth Analysis And Strategic Analysis Framework
5.1. Global Electrostatic Precipitator PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Electrostatic Precipitator Market Growth Rate Analysis
5.4. Global Electrostatic Precipitator Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Electrostatic Precipitator Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Electrostatic Precipitator Total Addressable Market (TAM)
6. Electrostatic Precipitator Market Segmentation
6.1. Global Electrostatic Precipitator Market, Segmentation By Offering, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Hardware And Software
Services
6.2. Global Electrostatic Precipitator Market, Segmentation By Design, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Plate
Tubular
6.3. Global Electrostatic Precipitator Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Power Generation
Chemicals And Petrochemicals
Cement
Metal Processing And Mining
Manufacturing
Marine
Other End Users
6.4. Global Electrostatic Precipitator Market, Sub-Segmentation Of Hardware And Software, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Electrostatic Precipitator Systems (Hardware)
Plate Type Electrostatic Precipitators
Tubular Electrostatic Precipitators
Control And Monitoring Software
Automation And Process Control Software
Monitoring And Diagnostic Software
Emission Control Software
6.5. Global Electrostatic Precipitator Market, Sub-Segmentation Of Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Installation Services
Maintenance And Repair Services
System Upgrades And Retrofitting Services
Consulting And Design Services
7. Electrostatic Precipitator Market Regional And Country Analysis
7.1. Global Electrostatic Precipitator Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Electrostatic Precipitator Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion