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Report Description

Report Description

    

Forecast Period

2026-2030

Market Size (2024)

USD 23.34 Billion

Market Size (2030)

USD 33.77 Billion

CAGR (2025-2030)

6.19%

Fastest Growing Segment

Vapor Recovery Units

Largest Market

China

Market Overview

Asia-Pacific Retrofit Emission Control Device Market was valued at USD 23.34 Billion in 2024 and is expected to reach USD 33.77 Billion by 2030 with a CAGR of 6.19% during the forecast period. 

The Asia-Pacific Retrofit Emission Control Device (RECD) market refers to the installation of emission control technologies in existing vehicles, industrial facilities, and power plants to reduce harmful pollutants and meet stringent environmental regulations. These devices are retrofitted onto older machinery or vehicles that were not initially designed to comply with current air quality standards. The devices primarily aim to reduce emissions such as nitrogen oxides (NOx), sulfur oxides (SOx), particulate matter (PM), and volatile organic compounds (VOCs).

The market for RECD in the Asia-Pacific region is experiencing significant growth, driven by several key factors. First, the region's rapid industrialization and urbanization have resulted in increased pollution levels, prompting governments to enforce stricter environmental regulations. Countries like China, India, and Japan are at the forefront of implementing policies that require industries to adopt emission control technologies. As a result, industries are increasingly opting for retrofit solutions to comply with these standards without the need for entirely new installations.

The growing focus on sustainability and environmental protection further fuels the demand for RECD. Governments and organizations are investing in green technologies to combat the adverse effects of air pollution, leading to a rise in the adoption of retrofit devices in various sectors such as automotive, power generation, and manufacturing.

Technological advancements in emission control systems also contribute to market growth. Innovations such as selective catalytic reduction (SCR) systems, electrostatic precipitators (ESPs), and flue gas desulfurization (FGD) units offer improved efficiency and cost-effectiveness, making it easier for industries to upgrade their existing infrastructure.

The Asia-Pacific Retrofit Emission Control Device market is expected to rise due to continued environmental regulatory pressure, especially in countries with high industrial activity. Additionally, the increasing demand for cleaner air and the growing focus on green technologies will likely propel market expansion. With rising industrial emissions, regulatory compliance, and environmental sustainability becoming key priorities, the market for retrofit emission control devices will continue to experience steady growth across the region.

Key Market Drivers

Stringent Environmental Regulations and Government Initiatives

In the Asia-Pacific region, governments have implemented increasingly stringent environmental regulations to address the rising levels of air pollution caused by industrialization, urbanization, and high vehicle emissions. Countries such as China, India, and Japan have established legal frameworks that impose severe penalties on industries and businesses that fail to meet emission standards. This regulatory pressure acts as a significant driver for the Retrofit Emission Control Device market.

Many industries are opting for retrofitting existing equipment to meet these evolving requirements rather than making expensive and time-consuming investments in new machinery or vehicles. Governments have also launched various initiatives, including financial incentives and subsidies, to promote the adoption of emission control technologies.

These efforts are crucial in accelerating the shift toward cleaner and more sustainable operations, as industries strive to remain compliant with local and international environmental standards. As such, the enforcement of stringent regulations coupled with government-backed support is pushing businesses to integrate retrofitted emission control devices into their existing infrastructure.

The number of air quality regulations enforced in the Asia-Pacific region has increased by 35% in the last five years, with emission limits for key pollutants being tightened by an average of 20% across major industrial sectors.

Rising Pollution Levels and Public Health Concerns

As urbanization and industrial activities expand across the Asia-Pacific region, pollution levels have reached alarming levels, leading to serious public health concerns. Poor air quality, particularly in densely populated areas such as New Delhi, Beijing, and Jakarta, has become a major issue for governments and citizens alike. High concentrations of particulate matter, nitrogen oxides, and sulfur dioxide are directly linked to respiratory diseases, cardiovascular issues, and premature deaths.

As a result, there is a growing awareness and demand for measures to curb pollution. Retrofit Emission Control Devices, which are capable of reducing these harmful pollutants, are increasingly viewed as essential tools in improving air quality. With the mounting public health concerns, governments and industries are motivated to accelerate the adoption of emission control technologies.

These devices provide a cost-effective solution for industries to continue their operations while minimizing their environmental and health impact. As a result, the Retrofit Emission Control Device market is gaining momentum as companies realize the importance of mitigating pollution and protecting public health.

Studies show that air pollution in major Asian cities contributes to over 7 million premature deaths annually, with particulate matter causing over 60% of these fatalities, thereby accelerating the need for pollution control measures.

Cost-Effectiveness and Technological Advancements in Retrofit Solutions

The cost-effectiveness of Retrofit Emission Control Devices has become a significant driver for their adoption in the Asia-Pacific region. Many companies operating in the region are reluctant to make large capital expenditures on entirely new equipment when retrofitting existing infrastructure offers a more economical solution. Retrofit Emission Control Devices provide industries with the opportunity to meet emission standards without the need for costly and time-intensive replacements of their machinery.

Additionally, continuous advancements in emission control technology have made retrofitting more efficient and affordable. Technologies such as selective catalytic reduction (SCR), flue gas desulfurization (FGD), and electrostatic precipitators (ESPs) are now more effective and easier to install, further enhancing their appeal to businesses. These advancements allow for the optimization of existing systems and the improvement of their overall performance, resulting in both environmental benefits and cost savings for industries. The affordability and effectiveness of these solutions have led to widespread adoption, particularly in sectors such as power generation, manufacturing, and automotive.

The average cost of retrofitting existing industrial equipment with advanced emission control systems has decreased by 15% over the past five years due to improved manufacturing processes and technological innovation.

Growing Demand for Cleaner and Sustainable Technologies

With an increasing global emphasis on sustainability, the Asia-Pacific region is seeing a significant shift towards cleaner and more environmentally friendly technologies. Industries are under growing pressure to adopt sustainable practices, not only to comply with regulations but also to improve their environmental, social, and governance (ESG) profiles. The Retrofit Emission Control Device market benefits from this shift, as retrofitting existing equipment with advanced emission control technologies helps businesses reduce their carbon footprint and achieve sustainability goals.

 In particular, industries in sectors such as automotive, energy, and manufacturing are prioritizing the reduction of greenhouse gas emissions and other pollutants. Furthermore, end consumers are becoming more environmentally conscious, pushing companies to take proactive steps in reducing their environmental impact. This trend is also supported by increasing investment in green technologies by both the public and private sectors. As demand for cleaner and more sustainable practices grows, the adoption of retrofit emission control devices will continue to rise, making them an essential component of the transition to a more sustainable future.

The adoption of green technologies in the Asia-Pacific manufacturing sector has grown by over 25% annually, with companies reporting a 20% reduction in emissions following the installation of retrofit emission control systems.

 

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Key Market Challenges

High Initial Investment and Installation Costs

One of the significant challenges facing the Retrofit Emission Control Device market in the Asia-Pacific region is the high initial investment and installation costs associated with retrofitting existing equipment. While these devices provide long-term cost savings and environmental benefits, the upfront financial outlay required for purchasing and installing the emission control systems can be a significant barrier for many industries, especially small and medium-sized enterprises (SMEs). In some cases, the cost of retrofitting can be prohibitive, particularly for older industrial equipment and vehicles that require extensive modifications to accommodate the devices.

For large-scale industrial operations, such as power plants or manufacturing facilities, retrofitting involves the installation of sophisticated technologies, such as selective catalytic reduction systems, electrostatic precipitators, or flue gas desulfurization units. These systems can be highly specialized, requiring careful engineering, skilled labor, and significant downtime for installation. Consequently, the high costs associated with these factors can discourage businesses from making the necessary investments in emission control devices. Additionally, the complexity of retrofitting older systems with newer technologies may involve hidden costs, such as the need for frequent maintenance or potential disruptions to operations, which add further financial strain. This challenge is particularly prominent in industries such as heavy manufacturing, power generation, and transportation, where equipment is often older and more costly to retrofit.

While governments across the Asia-Pacific region are increasingly offering incentives, subsidies, or tax rebates to encourage the adoption of emission control technologies, these financial support programs may not be sufficient to offset the high costs of retrofitting for some businesses. Smaller firms, in particular, may struggle to take advantage of such incentives due to administrative complexities or insufficient capital. As a result, despite the clear environmental and regulatory benefits, the high cost of retrofitting remains a significant barrier to the widespread adoption of emission control devices in certain sectors.

Technological Compatibility and Integration Challenges

Another challenge hindering the growth of the Retrofit Emission Control Device market in the Asia-Pacific region is the difficulty in ensuring technological compatibility and smooth integration of retrofitting solutions with existing infrastructure. Many older industrial facilities, vehicles, and power plants were not designed with modern emission control technologies in mind. As a result, retrofitting these systems can involve significant challenges related to compatibility, installation, and performance optimization.

Older equipment may not have the necessary infrastructure or control systems to accommodate advanced emission control technologies, such as selective catalytic reduction systems or advanced filtration technologies. In some cases, retrofitting may require extensive modifications to the machinery, including adjustments to exhaust systems, power supply configurations, and integration with existing automation systems. These modifications can lead to increased installation time, higher costs, and potential disruptions to regular operations, which can result in lost productivity and operational inefficiencies.

Moreover, there is the challenge of ensuring that the newly installed retrofit systems work seamlessly with the existing infrastructure to deliver the desired environmental and operational benefits. The complexity of the integration process requires expertise and precision to ensure that the retrofit device operates efficiently without causing additional strain on the existing equipment. This issue is particularly prevalent in sectors such as power generation, where large, complex systems are often difficult and expensive to modify. In addition, the long operational life of some older equipment, which is common in heavy industries, presents a significant hurdle to the seamless integration of new emission control technologies. For companies with long-term assets, the prospect of spending large sums of money to upgrade or modify existing systems to meet regulatory requirements can be seen as an unattractive and financially burdensome option.

Key Market Trends

Rising Adoption of Advanced Particulate Filters Across Industrial Sectors

The Asia-Pacific Retrofit Emission Control Device market is experiencing a notable trend of rising adoption of advanced particulate filters across various industrial sectors. As regulatory bodies in the region enforce more stringent emission standards, industries such as power generation, cement manufacturing, and chemical processing are increasingly incorporating advanced particulate filtration systems into their existing infrastructure. Technologies such as diesel particulate filters and ceramic filters are gaining substantial traction due to their ability to effectively capture fine particulate matter and reduce harmful emissions.

The trend is driven by growing awareness among industrial players regarding the environmental and public health implications of particulate pollution. Furthermore, industries are recognizing that proactive adoption of such technologies not only ensures compliance with regulations but also enhances corporate reputation and stakeholder confidence. The market is witnessing increased demand for high-efficiency filters that offer longer operational life and require minimal maintenance, addressing both performance and cost-efficiency concerns.

In addition, advancements in filter materials and designs are making particulate control systems more adaptable to a wide range of industrial applications, further fueling their deployment. The integration of sensor-based monitoring technologies with particulate filters is another emerging practice, allowing for real-time tracking of emissions and predictive maintenance, ultimately optimizing operational efficiency. This trend is expected to continue strengthening as industries across the Asia-Pacific region work toward achieving sustainability goals and meeting international environmental benchmarks.

Government Incentives Driving Retrofits in Commercial Vehicle Fleets

Another significant trend in the Asia-Pacific Retrofit Emission Control Device market is the growing role of government incentives in driving retrofitting activities within commercial vehicle fleets. Recognizing the critical role that transportation emissions play in urban air pollution, governments across the region are increasingly offering subsidies, tax rebates, and financial grants to encourage fleet operators to retrofit their vehicles with advanced emission control technologies.

This trend is particularly evident in rapidly urbanizing economies such as China, India, and Indonesia, where vehicular emissions account for a significant portion of air quality deterioration. Initiatives aimed at promoting the use of retrofit devices such as diesel oxidation catalysts and selective catalytic reduction systems are gaining momentum. Public transportation fleets, logistics companies, and taxi services are among the primary beneficiaries of these incentives, leading to a noticeable uptick in retrofit adoption.

Moreover, municipal governments are increasingly mandating retrofitting as part of broader urban air quality improvement programs. The rise of low-emission zones and stricter inspection regimes further compels fleet owners to upgrade their vehicles or face operational restrictions. As the cost of retrofitting continues to decrease due to technological advancements and economies of scale, the impact of government incentives becomes even more pronounced, accelerating the modernization of commercial vehicle fleets across the region. This trend is expected to remain a major driver of market growth over the next decade.

Technological Advancements in Retrofit Systems Enhancing Market Appeal

Technological advancements in retrofit systems are emerging as a key trend that is significantly enhancing the appeal of the Asia-Pacific Retrofit Emission Control Device market. Innovations in catalyst materials, system integration techniques, and modular retrofit solutions are making emission control devices more efficient, cost-effective, and easier to install, thereby reducing traditional barriers to adoption.

Modern retrofit technologies are being designed with greater adaptability, allowing them to be customized for different types of industrial equipment and vehicle models. This flexibility ensures that even older machinery and vehicles can meet modern emission standards without extensive structural modifications. Additionally, advancements such as compact and lightweight designs, improved thermal management, and automated control systems are increasing the reliability and operational lifespan of retrofit devices.

Another major technological trend is the incorporation of digital monitoring and analytics into retrofit systems. Real-time emissions data collection and performance diagnostics enable operators to monitor system effectiveness continuously, perform predictive maintenance, and ensure regulatory compliance with greater ease. Such smart technologies are particularly appealing to industrial operators aiming to minimize downtime and operational risks while maximizing environmental performance.

Research and development activities within the region are also being spurred by collaborative efforts between academic institutions, government agencies, and private sector players. As a result, the Asia-Pacific market is witnessing a steady pipeline of innovative products that are helping to lower costs and broaden the application scope of retrofit emission control devices. Going forward, continued technological innovation is expected to be a cornerstone for the market’s sustained growth and competitiveness.

Segmental Insights

Installation Type Insights

In the Asia-Pacific Retrofit Emission Control Device market, the Retrofit segment dominated in 2024 and is expected to maintain its dominance during the forecast period. This dominance is primarily driven by the increasing demand for upgrading existing vehicles and industrial equipment to meet stricter emission standards without the need for complete replacement. Retrofit solutions offer a cost-effective alternative, enabling companies and fleet operators to extend the operational life of their assets while complying with new environmental regulations.

Countries across the Asia-Pacific region, such as China, India, Australia, and Japan, are implementing stringent air quality improvement policies, which strongly encourage the retrofitting of emission control devices into older infrastructure and vehicles. Additionally, governments are offering incentives and financial support to promote retrofitting initiatives, further strengthening the adoption of retrofit solutions. The rise in awareness regarding the adverse health and environmental impacts of emissions has also prompted industries to invest in retrofitting to enhance their corporate social responsibility profiles.

Technological advancements have made retrofit emission control devices more efficient, reliable, and easier to install across a wide range of applications, including power plants, manufacturing units, commercial fleets, and construction machinery. The cost-efficiency, quick implementation timelines, and minimal operational disruptions associated with retrofit installation are additional factors contributing to its continued leadership in the market. Furthermore, industries in developing economies within Asia-Pacific are heavily reliant on aging infrastructure, making retrofitting a practical necessity rather than an option.

As environmental regulations continue to tighten and sustainability goals become more urgent, the preference for retrofitting over new installations is expected to strengthen even further. Therefore, the Retrofit segment is positioned to maintain its leading share in the Asia-Pacific Retrofit Emission Control Device market throughout the forecast period, driven by regulatory support, economic feasibility, technological advancements, and increasing environmental consciousness among industries and transportation sectors.

End-Use Industry Insights

In the Asia-Pacific Retrofit Emission Control Device market, the Automotive and Transportation segment dominated in 2024 and is expected to maintain its dominance during the forecast period. The leadership of this segment can be attributed to the significant contribution of vehicular emissions to overall air pollution levels across the Asia-Pacific region, prompting regulatory authorities to focus heavily on upgrading the emission standards for the existing fleet of vehicles.

Countries such as China, India, and South Korea have introduced stringent regulations mandating the installation of retrofit emission control devices in commercial vehicles, buses, and older diesel engines to reduce particulate matter and nitrogen oxide emissions. The rapid growth of urbanization, coupled with an increase in the number of aging vehicles operating in major cities, has further intensified the need for retrofitting solutions. Additionally, government-led initiatives offering financial incentives, tax rebates, and direct funding for retrofitting commercial fleets have accelerated adoption rates within the Automotive and Transportation sector. The high frequency of use and the critical role of transportation in economic activities make retrofitting a more viable and urgent solution compared to other industries.

Furthermore, advancements in retrofit technologies, such as diesel particulate filters, diesel oxidation catalysts, and selective catalytic reduction systems, have made it technically feasible and economically attractive for fleet operators to invest in emission control upgrades. As environmental awareness grows among corporate entities and transportation authorities, the demand for cleaner fleets is becoming a key priority. The emergence of low-emission zones in urban areas and the increased regulatory pressure to phase out high-polluting vehicles without complete replacement are additional factors reinforcing the dominance of the Automotive and Transportation segment.

Therefore, driven by regulatory mandates, technological advancements, economic feasibility, and increasing environmental consciousness, the Automotive and Transportation segment is expected to continue leading the Asia-Pacific Retrofit Emission Control Device market throughout the forecast period.

 

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Country Insights

Largest Country

In the Asia-Pacific Retrofit Emission Control Device market, China dominated in 2024 and is expected to maintain its dominance during the forecast period. The dominance of China is primarily driven by the country's aggressive policies to combat air pollution and improve environmental sustainability across major industrial sectors. The government of China has enforced stringent emission norms under programs such as the China VI Emission Standards, mandating the retrofitting of emission control devices in existing heavy-duty vehicles, marine vessels, construction machinery, and industrial manufacturing facilities.

The high concentration of industrial activities, combined with one of the largest commercial vehicle fleets in the world, has created a substantial demand for retrofit emission control solutions in China. Moreover, several regional and municipal governments in China offer subsidies, financial assistance, and regulatory incentives to encourage companies and fleet operators to adopt retrofitting practices. The country's strategic focus on reducing particulate matter and nitrogen oxide emissions in metropolitan areas like Beijing, Shanghai, and Guangzhou has led to a surge in retrofitting projects across the automotive, transportation, and power generation sectors.

Additionally, China's commitment to achieving carbon neutrality by 2060 has further intensified investments in emission control technologies, providing a strong foundation for market growth. Technological advancements by local manufacturers, offering cost-effective and highly efficient retrofit devices, have also played a critical role in boosting adoption rates. The vast size of China's industrial base, coupled with continuous infrastructure development and the government's unwavering commitment to environmental protection, ensures that China will continue to lead the Asia-Pacific Retrofit Emission Control Device market during the forecast period.

As regulatory frameworks become even stricter and public demand for cleaner air continues to rise, the dominance of China is expected to strengthen, making it the cornerstone of market expansion in the Asia-Pacific region..

Emerging Country

In the Asia-Pacific Retrofit Emission Control Device market, India is identified as the emerging region during the forecast period. The emergence of India is primarily fueled by the country's growing concerns regarding deteriorating air quality levels and the government's proactive measures to address environmental pollution. The Government of India has implemented stringent emission standards such as Bharat Stage VI, which are pushing industries, commercial fleet operators, and power generation companies to adopt retrofit emission control technologies.

The vast number of aging vehicles, particularly in urban and semi-urban areas, combined with the heavy reliance on coal-fired power plants and industrial manufacturing units, creates a strong demand for retrofitting solutions across the country. Additionally, the Indian government is introducing numerous initiatives and providing financial support schemes to promote retrofitting practices among private and public sectors. With increasing urbanization, rising industrial output, and the necessity to meet international environmental commitments, India is actively investing in emission control technologies.

Furthermore, growing public awareness regarding health impacts caused by vehicular and industrial emissions has led to an enhanced focus on installing retrofit emission control devices. Technological advancements in the local market, supported by collaborations between international and domestic manufacturers, are making retrofit solutions more accessible and affordable across various sectors. The transportation sector, in particular, is witnessing robust growth in the adoption of retrofit emission control devices as government mandates for cleaner fuels and emission reductions become stricter.

The commitment to reducing particulate matter emissions in major cities like Delhi, Mumbai, and Bengaluru is likely to further accelerate the retrofitting trend. Given the scale of industrialization, population growth, and the government's strong regulatory stance on environmental issues, India is expected to emerge as a key growth region for the Asia-Pacific Retrofit Emission Control Device market during the forecast period.

Recent Developments

  • In September 2024, China announced plans to broaden its national Emissions Trading System to include the cement, steel, and aluminum industries. This expansion aims to regulate both energy-related and process-driven CO emissions within these sectors. The move is part of China's broader strategy to achieve carbon neutrality and has implications for the adoption of retrofit emission control technologies across these heavy industries.
  • In November 2024, the Japanese government committed to reducing greenhouse gas emissions by 60% by fiscal year 2035 compared to 2013 levels. This ambitious target is expected to drive the deployment of emission control systems across various sectors, including transportation and manufacturing, thereby influencing the retrofit emission control device market.
  • In April 2025, Chakr Innovation, a cleantech startup based in India, has made significant strides in the retrofit emission control sector. The company introduced the Chakr Dual Fuel Kit, enabling diesel generators to operate on a blend of 70% natural gas and 30% diesel. This innovation offers a cost-effective solution for industries aiming to reduce emissions without overhauling existing equipment. Additionally, Chakr Innovation's flagship product, the Chakr Shield, a patented RECD, has been recognized for its ability to reduce diesel generator emissions by up to 90%

Key Market Players

  • Mitsubishi Heavy Industries Ltd.
  • Thermax Ltd.
  • General Electric Company (GE)
  • Fujian Longking Co., Ltd.
  • Eberspächer Group
  • Chakr Innovation
  • Yokogawa Electric Corporation
  • Johnson Controls International plc
  • Wah Seong Corporation Berhad
  • Cummins India Ltd.

By Installation Type

By Device Type

By End-Use Industry

By Country

  • Retrofit
  • New Installation
  • Catalytic Converters
  • Electrostatic Precipitators (ESPs)
  • Flue Gas Desulfurization (FGD) Units
  • Selective Catalytic Reduction (SCR) Systems
  • Baghouse Filters
  • Vapor Recovery Units
  • Oxidizers
  • Absorption Columns
  • Automotive & Transportation
  • Industrial Manufacturing
  • Power Generation (Thermal & Coal-Fired Plants)
  • Marine
  • Oil & Gas
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Singapore
  • Thailand
  • Malaysia
  • Rest of Asia-Pacific

Report Scope:

In this report, the Asia-Pacific Retrofit Emission Control Device Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  •   Asia-Pacific Retrofit Emission Control Device Market, By Installation Type:

o   Retrofit

o   New Installation

  • Asia-Pacific Retrofit Emission Control Device Market, By Device Type:

o   Catalytic Converters

o   Electrostatic Precipitators (ESPs)

o   Flue Gas Desulfurization (FGD) Units

o   Selective Catalytic Reduction (SCR) Systems

o   Baghouse Filters

o   Vapor Recovery Units

o   Oxidizers

o   Absorption Columns

  • Asia-Pacific Retrofit Emission Control Device Market, By End-Use Industry:

o   Automotive & Transportation

o   Industrial Manufacturing

o   Power Generation (Thermal & Coal-Fired Plants)

o   Marine

o   Oil & Gas

  • Asia-Pacific Retrofit Emission Control Device Market, By Country:

o   China

o   Japan

o   India

o   South Korea

o   Australia

o   Singapore

o   Thailand

o   Malaysia

o   Rest of Asia-Pacific

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Asia-Pacific Retrofit Emission Control Device Market.

Available Customizations:

Asia-Pacific Retrofit Emission Control Device Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Asia-Pacific Retrofit Emission Control Device Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

Table of content

1.         Product Overview

1.1.     Market Definition

1.2.     Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.3.     Key Market Segmentations

2.         Research Methodology

2.1.     Objective of the Study

2.2.     Baseline Methodology

2.3.     Formulation of the Scope

2.4.     Assumptions and Limitations

2.5.     Sources of Research

2.5.1. Secondary Research

2.5.2. Primary Research

2.6.     Approach for the Market Study

2.6.1. The Bottom-Up Approach

2.6.2. The Top-Down Approach

2.7.     Methodology Followed for Calculation of Market Size & Market Shares

2.8.     Forecasting Methodology

2.8.1. Data Triangulation & Validation

3.         Executive Summary

3.1.     Overview of the Market

3.2.     Overview of Key Market Segmentations

3.3.     Overview of Key Market Players

3.4.     Overview of Key Regions/Countries

3.5.     Overview of Market Drivers, Challenges, and Trends

4.         Voice of Customer

5.         Asia-Pacific Retrofit Emission Control Device Market Outlook

5.1.     Market Size & Forecast

5.1.1. By Value

5.2.     Market Share & Forecast

5.2.1. By Installation Type (Retrofit, New Installation)

5.2.2. By Device Type (Catalytic Converters, Electrostatic Precipitators (ESPs), Flue Gas Desulfurization (FGD) Units, Selective Catalytic Reduction (SCR) Systems, Baghouse Filters, Vapor Recovery Units, Oxidizers, Absorption Columns)

5.2.3. By End-Use Industry (Automotive & Transportation, Industrial Manufacturing, Power Generation (Thermal & Coal-Fired Plants), Marine, Oil & Gas)

5.2.4. By Country (China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Rest of Asia-Pacific)

5.2.5. By Company (2024)

5.3.     Market Map

6.    China Retrofit Emission Control Device Market Outlook

6.1.     Market Size & Forecast

6.1.1. By Value

6.2.     Market Share & Forecast

6.2.1. By Installation Type

6.2.2. By Device Type

6.2.3. By End-Use Industry

7.         Japan Retrofit Emission Control Device Market Outlook

7.1.     Market Size & Forecast

7.1.1. By Value

7.2.     Market Share & Forecast

7.2.1. By Installation Type

7.2.2. By Device Type

7.2.3. By End-Use Industry

8.         India Retrofit Emission Control Device Market Outlook

8.1.     Market Size & Forecast

8.1.1. By Value

8.2.     Market Share & Forecast

8.2.1. By Installation Type

8.2.2. By Device Type

8.2.3. By End-Use Industry

9.         South Korea Retrofit Emission Control Device Market Outlook

9.1.     Market Size & Forecast

9.1.1. By Value

9.2.     Market Share & Forecast

9.2.1. By Installation Type

9.2.2. By Device Type

9.2.3. By End-Use Industry

10.      Australia Retrofit Emission Control Device Market Outlook

10.1.  Market Size & Forecast

10.1.1. By Value

10.2.  Market Share & Forecast

10.2.1. By Installation Type

10.2.2. By Device Type

10.2.3. By End-Use Industry

11.      Singapore Retrofit Emission Control Device Market Outlook

11.1.  Market Size & Forecast

11.1.1. By Value

11.2.  Market Share & Forecast

11.2.1. By Installation Type

11.2.2. By Device Type

11.2.3. By End-Use Industry

12.      Thailand Retrofit Emission Control Device Market Outlook

12.1.  Market Size & Forecast

12.1.1. By Value

12.2.  Market Share & Forecast

12.2.1. By Installation Type

12.2.2. By Device Type

12.2.3. By End-Use Industry

13.      Malaysia Retrofit Emission Control Device Market Outlook

13.1.  Market Size & Forecast

13.1.1. By Value

13.2.  Market Share & Forecast

13.2.1. By Installation Type

13.2.2. By Device Type

13.2.3. By End-Use Industry

14.      Market Dynamics

14.1.  Drivers

14.2.  Challenges

15.      Market Trends & Developments

15.1.  Merger & Acquisition (If Any)

15.2.  Product Launches (If Any)

15.3.  Recent Developments

16.      Company Profiles

16.1.  Mitsubishi Heavy Industries Ltd.

16.1.1. Business Overview

16.1.2. Key Revenue and Financials 

16.1.3. Recent Developments

16.1.4. Key Personnel/Key Contact Person

16.1.5. Key Product/Services Offered

16.2.  Thermax Ltd.

16.3.  General Electric Company (GE)

16.4.  Fujian Longking Co., Ltd.

16.5.  Eberspächer Group

16.6.  Chakr Innovation

16.7.  Yokogawa Electric Corporation

16.8.  Johnson Controls International plc

16.9.  Wah Seong Corporation Berhad

16.10.  Cummins India Ltd.

17.  Strategic Recommendations

18. About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Asia-Pacific Retrofit Emission Control Device market was USD 23.34 Billion in 2024.

In 2024, the Selective Catalytic Reduction Systems segment dominated the Asia-Pacific Retrofit Emission Control Device market and is expected to maintain its dominance during the forecast period, driven by stringent nitrogen oxide emission regulations.

One challenge in the Asia-Pacific Retrofit Emission Control Device market is the high initial installation costs, which can deter smaller businesses from adopting these technologies. Another challenge is the varying regulatory standards across countries, making it difficult for manufacturers to offer standardized solutions across the region.

The major driver for the Asia-Pacific Retrofit Emission Control Device market is the increasingly stringent environmental regulations aimed at reducing industrial emissions. Additionally, growing awareness of air quality and the demand for sustainable solutions across industries are further fueling market growth

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