Middle East Air Quality Control Systems Market

December 4, 2014 4:56 pm Published by

“The air quality control system (AQCS) market was estimated to be $0.93 billion by 2014, and is forecasted to reach $1.07 billion by 2019. It is expected to grow at a CAGR of 2.8% from 2014 to 2019. The demand of scrubbers is very high in the European region with $0.25 million in 2014.

 The report ‘Middle-East Air Quality Control System Market forecast, 2014-2019’ analyzes the AQCS market by types and geography such as Saudi Arabia and UAE. In terms of types, the reports is segmented into various types of AQCS equipment such as flue gas desulphurization, electrostatic precipitator, fabric filters, NOx control systems, and mercury control systems.

The scrubbers segment holds around 27.6% share of the AQCS market, and expected to grow by end of 2019 with CAGR of 3.4%. This region is growing at a moderate rate for the AQCS market, due to less industrialization compared to the other regions. Furthermore, it does not have strict government policies.

 Middle East has the market share for AQCS with a market value of $0.93 million. The region is characterized with continuous rise in technically innovative applications in various types of the AQCS equipment with the presence of top service providers such as Babcock & Wilcox (U.S.), Mitsubishi Hitachi (U.S.), Alstom (France), and Thermax (India). The region witnesses the highest share of scrubbers with value of $0.25 million, and is expected to grow by $0.30 million by 2019, at CAGR of 3.4%, from 2014 to 2019″.

 

Reference: Micromarketmonitor, 2014, retrieved from “https://www.micromarketmonitor.com/market/middle-east-air-quality-control-systems-8596503832.html”

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