2014-03-18 08:26:01 - Global Electrostatic Precipitator Market 2014-2018 - a new market research report on companiesandmarkets.com
The Global Electrostatic Precipitator market is to grow at a CAGR of 9.42 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increase in government policies to reduce the emissions associated with coal-fired power generation. The Global Electrostatic Precipitator market has also been witnessing the shift towards developing advanced technology, monitoring systems, and increased investment on R&D activities. However, the growing popularity of fabric filters over electrostatic precipitators could pose a challenge to the growth of this market.
Since the Global Electrostatic Precipitator market is highly competitive, manufacturers are providing new and innovative solutions and exploring new application areas for the existing range of products to stay ahead of the competition. Moreover, growing
environmental and health concerns have led vendors to focus on the development of products that have higher efficiency and lower power consumption. There is increased expenditure in the market on the R&D of new products and services. More research is being undertaken on upgrading and optimizing the performance of electrostatic precipitators used in different industries.
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