Quick Summary:
Dive deep into the complex but rewarding world of the Industrial DeNOx Systems and Services Market, projected to yield an impressive US$13.3 Billion by 2030. Uncover unique opportunities that lie within this sector and move with certainty and insight, leveraging our comprehensive analysis of key segments including Selective Catalytic Reduction (SCR) and Selective Non-Catalytic Reduction (SNCR).
Moving beyond a broad global perspective, the report provides significant insights into varied regional markets such as the US and China, each showcasing unique growth trajectories and unprecedented opportunities. Couple this with an in-depth review of select competitors, entwining crucial aspects like global competitiveness and market shares, and you have an invaluable resource that positions you for industry success. Access to our digital archive and research platform, coupled with complimentary updates for one year, ensures your strategies stay informed, relevant, and ahead of the curve.
Global Industrial DeNOx Systems and Services Market to Reach $13.3 Billion by 2030
The global market for Industrial DeNOx Systems and Services estimated at US$9.1 Billion in the year 2022, is projected to reach a revised size of US$13.3 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030. Selective Catalytic Reduction (SCR), one of the segments analyzed in the report, is projected to record 4.7% CAGR and reach US$8.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Selective Non-Catalytic Reduction (SNCR) segment is readjusted to a revised 5.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 7.3% CAGR
The Industrial DeNOx Systems and Services market in the U.S. is estimated at US$2.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2030 trailing a CAGR of 7.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.Select Competitors (Total 41 Featured) -
- Alstom SA
- Babcock & Wilcox Enterprises, Inc.
- Babcock Noell GmbH
- Burns & Mcdonnell, Inc.
- Doosan Power Systems
- FLSmidth & Co. A/S
- Fuel Tech Inc.
- Haldor Topsoe A/S
- Mitsubishi Heavy Industries Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Industrial DeNOx Systems and Services?
What is the growth rate of the Global Market for Industrial DeNOx Systems and Services?
What is the forecasted size of the Global Market for Industrial DeNOx Systems and Services?
Who are the key companies in the Global Market for Industrial DeNOx Systems and Services?
| Report Attribute | Details |
|---|---|
| No. of Pages | 244 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 9.1 Billion |
| Forecasted Market Value ( USD | $ 13.3 Billion |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Alstom SA
- Babcock & Wilcox Enterprises, Inc.
- Babcock Noell GmbH
- Burns & Mcdonnell, Inc.
- Doosan Power Systems
- FLSmidth & Co. A/S
- Fuel Tech Inc.
- Haldor Topsoe A/S
- Mitsubishi Heavy Industries Ltd.
