Key Findings
The air pollution control system market in Europe is anticipated to grow with a CAGR of about 3.41% during the forecast period 2019- 2027. The regional market has been valued at $XX million in the year 2018 and is depicted to generate a revenue of about $XX million by 2027. The economies of the United Kingdom, France, Italy, Germany, Russia, Spain and the Rest of Europe majorly influence the market growth rate in the Europe region.
Market Insights
Europe was the second largest region, in terms of revenue, with XX% market share in 2017, owing to the high demand of these systems from numerous major end-users include industrial and commercial establishments. The sales trends in the region indicate that consumers in the region are more inclined to install sophisticated pollution control systems. The market moderately prices sensitive owing to the ecological benefits offered by these systems over options.
The United Kingdom is facing several difficulties in meeting the European Union air quality standards for the concentration of nitrogen oxide. So the UK government has formulated air quality plans that enable them to achieve these air quality standards.
Competitive Insights
The eminent market players functioning in Europe, mentioned in the report, are S.A. Hamon, Mitsubishi Hitachi Power Systems, Ltd., Southern Erectors, Inc., FLSmidth & Co. A/S, Mutares AG, KC Cottrell Co., Ltd., Elex AG, Siemens AG, Zhejiang Feida Environmental Science & Technology Co. Ltd., Fujian LongKing Co., Ltd., Beltran Technologies Inc., Babcock & Wilcox Enterprises, Inc., John Wood Group PLC, and Thermax Global.