Stationary Emissions Control Market: A Breakdown of the Industry by Technology, Application, and Geography
The global stationary emissions control market size was USD 42.06 Billion in 2021 and is expected to register a rapid revenue CAGR of 6.9% during the forecast period, according to latest analysis by Emergen Research. Stringent emission control regulations and rapid industrialization and urbanization are key factors driving market revenue growth. Automotive and industrial emissions are increasing rapidly due to on-road and off-road emission sources, which in turn, is leading to air pollution and other environmental issues. End-use companies operating in various countries are implementing strategies, such as rapid adoption of catalytic converters, among others. In addition, governments in emerging economies are implementing stringent emission regulations, which are mandating use of lighter, faster, and low-consumption vehicles, thereby rising demand for stationary emissions control systems.
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The global stationary emissions control market size was USD 42.06 Billion in 2021 and is expected to register a rapid revenue CAGR of 6.9% during the forecast period, according to latest analysis by Emergen Research. Stringent emission control regulations and rapid industrialization and urbanization are key factors driving market revenue growth. Automotive and industrial emissions are increasing rapidly due to on-road and off-road emission sources, which in turn, is leading to air pollution and other environmental issues. End-use companies operating in various countries are implementing strategies, such as rapid adoption of catalytic converters, among others. In addition, governments in emerging economies are implementing stringent emission regulations, which are mandating use of lighter, faster, and low-consumption vehicles, thereby rising demand for stationary emissions control systems.
Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.emergenresearch.com/request-sample/1558
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