Press release
Emission Control Systems Market 2022 Global Projection By Key Players – Denso Corporation, Mitsubishi, Thermax Global, MAN Energy Solutions– Analysis and Forecast to 2031
Emission Control Systems Market 2022-2031
Global sales of emission control systems are expected to increase 4.2% in 2022 at just over 5,000 thousand units.
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Standards promulgated from EPA for regulating emissions produced from industries, as well as the Clean Air Act, have been instrumental in market development. A more critical factor driving the sales of emission control systems is the mandatory inclusion of these devices into systems, processes, and automobiles. Other demand drivers include the upsurge in industrialization and rising concerns to mitigate hazards posed by emission on humans and the environment. While measures are laid to ensure personnel and environment safety, emission control systems are cited as viable candidates to potentially reduce urban pollution.
Partnerships, JVs, and product innovations are prominent in this marketplace:
In February 2022, DuPont Clean Technologies signed a contract with ISAB S.R.L. for IsoTherming® hydroprocessing technology.
In April 2020, Denso partnered with the Tokyo Institute of Technology to establish the DENSO Mobility Collaborative Research Center.
Persistence Market Research’s analysis projects the global emission control systems to expand at an impressive CAGR of more than 5% over the forecast period of 2022-2031.
Key Players:
The report has profiled some of the Important players prevalent in the global like – Denso Corporation, Mitsubishi, Thermax Global, MAN Energy Solutions, Valmet, Cummins Inc., GEA Group, Faurecia SE, Bosal Group, Tenneco Inc, Nett Technologies Inc, DCL International Inc, Anguil Environmental, Catalytic Products, Babcock & Wilcox, Ducon Technologies, DuPont de Nemours and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Emission Control Systems.
Key Takeaways from Market Study
Around the world, a number of businesses have sought to estimate the industry's potential impacts on climate-related issues. On similar developments, North America remains to be the most lucrative market for emission control systems, followed by Europe.
Since manufactures are striving to deliver air treatment solutions to aftermarket buyers, retrofit installations are multiplying in number as compared to new installation of emission control systems.
The U.S. is positioned as the top nation in the global market with the highest market value share. Demand in the U.S. will increase at over 5% CAGR over the next ten years.
In 2022, the market in Germany grew 8% year-on-year, while in Japan it grew 5% year-on-year.
Electrostatic precipitators are poised for lucrative growth over the forecast period at a higher CAGR as compared to other emission control devices.
On-road vehicles and power generation plants will continue to be major consumers of emission control systems. The market for on-road vehicles is expected to create an absolute dollar opportunity of US$ 5.1 Bn from 2022-2031. The market for power generation plants is expected to create an absolute dollar opportunity of US$D 2 Bn in the same time period.
“Emission control systems will witness speculative growth in East Asia over the next few years. By 2031, the global market will double in size to reach US$ 40 Bn,” says a Persistence Market Research analyst.
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Emission Control Systems Market Manufacturers
Emission Control Systems Market Distributors/Traders/Wholesalers
Emission Control Systems Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
If you have any special requirements, please let us know and we will offer you the report as you want.
Major Highlights of the Emission Control Systems Market Report:
The Emission Control Systems Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
The report dives deeper into the market and explains the dynamic factors bolstering market growth.
The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
The report analyzes the Emission Control Systems Market presence across major regions of the world.
It determines the production & consumption capacities and demand & supply dynamics of each regional market.
The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.
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About PersistenceMarketResearch:
PersistenceMarketResearch is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
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