The key companies operating in the global NOx control systems market are The Babcock & Wilcox Company (U.S.), Siemens AG (Germany), Hamon Corporation (U.S.), Alstom SA (France), Ducon Technologies Inc. (U.S.), and Mitsubishi Hitachi Power Systems, Ltd. (Japan).
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Key players of the global NOx control system market are focusing on strategic collaborations including agreements and mergers & acquisitions to increase their market share. For instance, in February 2014, Siemens Energy, a Siemens AG undertaking, and Zolo Technologies (U.S.) expanded their previous collaboration to a worldwide license agreement for fossil-fueled steam generation boiler applications. Under the terms of the agreement, Siemens and Zolo will closely integrate their combustion optimization products and actively extend their market activities beyond Europe into the U.S., China, and other fossil markets in Asia. This will provide the companies access to the markets of North America & Asia-Pacific.
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To sustain organic growth, the leading players of global NOx control systems market focus holistically on new product development and launch. For instance, in February 2014, Alstom launched its patented product Selective Catalytic Reduction of NOx (SCR) solutions to process nitrogenous gases. This product ensures that a layer of sorbent will always be available on the filter bags for the removal of NOx from the process gas.
