Browse 80 market data tables and 25 figures spread through 186 pages and in-depth TOC on "Air Quality Control Systems Market By Technology (Flue Gas Desulfurization (FGD), Electrostatic Precipitators, Nitrogen Oxide (NOx) Control Systems, Scrubber & Mercury Control Systems) & Geography - Global Trends and Forecasts to 2019 "
Early buyers will receive 10% customization on reports @ http://www.marketsandmarkets.com/requestCustomization.asp?id=863
Asia-Pacific: Largest market for Air Quality Control Systems
Regulations are the major factor that drives the air quality control systems market. Coupled with rapid industrialization and shifting of industries towards Asia-Pacific, the region has witnessed exponential growth in industrial activities, resulting into huge amount of pollutants through emissions from industries. Industries such as cement, mining, chemical and steel are growing rapidly in Asia-Pacific, which will increase the use of air quality control systems. The air quality control systems market in Asia-Pacific is expected to grow at a CAGR of 6.7% between 2014 and 2019.
Coal fired power generation: Biggest market by Application
Coal fired power generation industry market accounted for the largest share of the total air quality control systems market in 2013. Coal is the largest source of energy for generation of electricity worldwide. The large scale use of coal pollutes our environment with toxins creating global warming. Air quality control systems are capable of drastically reducing air pollution emissions fromcoal-fired power plants, in turn creating huge demand for these systems.
The global air quality control systems market is expected to reach $78.0 billion by 2019, at a CAGR of 5.8%, from 2014 to 2019. In terms of market size, Asia-Pacific stood first followed by Americas and Europe in 2013. Increasing demand for energy and rapid industrialization has led to increase in the emission of exhaust gases and toxic pollutants, creating a huge demand for these systems in the region. Between 2014 and 2019, the region is expected to witness the highest growth at a CAGR of 6.7%, to reach $45 billion by 2019, up from $28.6 billion in 2013.
Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=863
The report also provides a comprehensive review of the major market drivers, restraints, opportunities, winning imperatives, and key burning issues in the air quality control systems market. Key players in the industry are profiled in detail with their recent developments. Some of these include companies such as Alstom (France), Babcock & Wilcox Company (U.S.), Foster Wheeler (U.S.), Mitsubishi Hitachi Power Systems America (Japan), Hamon RC (U.S.), KBR (U.S), and Siemens Energy (Germany).
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including engineering equipment & devices , advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road Suite 800,
Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/engineering-equipment-devices
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets