Nitrogen Oxide Control Systems - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Nitrogen Oxide Control Systems market is accounted for $17,033.00 Million in 2017 and is expected to reach $32,176.78 Million by 2026 growing at a CAGR of 7.3% during the forecast period. Increase in coal-fired and gas-fired power plants, rising transportation and construction industry and strict regulations of air pollution control are some of the key factors influencing the market growth. Moreover, increasing technological advancements in pollution control will provide ample opportunities for market growth. However, restricted operational range of this control system hampers the market growth.
Nitrogen dioxide is referred to as an oxide of nitrogen, which reacts with atmospheric gases to form smog and acid rain. It is responsible for the formation of fine particles and ground-level ozone, both of which are associated with adverse health effects. Nitrogen oxide control systems are used to control and prevent the emissions of nitrogen oxides from various combustion surfaces. These systems are widely used in power generation and in the industrial and chemical sectors in order to control and reduce nitrogen oxide emissions.
Based on Application, Construction & Cement segment accounted for considerable market share during the forecast period due to rising cement production. Cement is mostly used in mortar and concrete in the construction. By Geography, Asia Pacific dominated the largest market share due to growing disposable income, increase in demand for power & energy sector, in this region.
Some of the key players profiled in the Nitrogen Oxide Control Systems market include Mitsubishi Hitachi Power Systems, Ltd, Babcock & Wilcox Enterprises, Inc., Fuel Tech, ,John Wood Group plc,, Siemens AG, S.A. HAMON, Honeywell International Inc., The Shell Group, Ducon Technologies Inc., Foster Wheeler AG, CECO Environmental, Maxon and Alstom.
• Low NOx Burners (LNB)
• Selective Non-Catalytic Reduction (SNCR) Reaction
• Selective Catalytic Reduction (SCR) Reaction
• Fuel Reburning (FR)
• Other Technologies
• Industrial Application
• Energy Application
• Coal Fired Generation
• Power Generation & Energy
• Construction & Cement
• Gas Turbines
• Other Applications
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Select License Type
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.