Emission Monitoring Systems Market by Product (Continuous Emission Monitoring System and Predictive Emissions Monitoring System), by Offering (Hardware, Software, and Services), by End-Use Industry (Power Generation, Oil & Gas, Chemicals & Fertilizers, Cement, Pulp & Paper, Pharmaceuticals, Metal & Mining, Marine & Shipping, Waste Incineration, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Global emission monitoring systems market expected to reach around USD 4.44 billion by 2025, at a CAGR of 9.3% between 2019 and 2025. The global emission monitoring systems market is likely to experience significant growth over the upcoming years, owing to the rising demand for continuous emission monitoring systems.

24-Jun-2019 | Number of pages: 110 | Report Code: ZMR-4246 | Report Format : | Status : Published

Analysis

Emission monitoring systems (EMS) are combined software and hardware for determining the concentration levels of particulate matter or gases that are emitted from various industrial applications. These systems are generally incorporated with a data acquisition system.

The global emission monitoring systems market is likely to experience significant growth over the upcoming years, owing to the rising demand for continuous emission monitoring system (CEMS) in process and distinct businesses. The rise in awareness levels about environmental protection needs among various end-user industries is also expected to fuel the global emission monitoring systems market over the forecast time period. Additionally, rapid industrialization and rising number of stringent legal and environmental regulations agencies by various governments across the globe are expected to further drive the global emission monitoring systems market in the years to come. However, the huge deployment cost to incorporate EMS with the existing systems may limit the growth of the emission monitoring systems market globally in the future. Alternatively, the rise in the health concerns related to air pollution, particularly in developing countries will open new growth avenues for the major players of this global market.

The global emission monitoring systems market is fragmented into product, offering, and end-use industry. On the basis of product, the global emission monitoring systems market includes predictive emissions monitoring system and continuous emission monitoring system. The continuous emission monitoring systems are anticipated to be the fastest growing segment in the market for emission monitoring systems over the forecast period. By offering, the global emission monitoring systems market includes hardware, software, and services. The hardware segment registered the fastest growth rate and accounted for a significant market share in 2018. By end-use industry, the global emission monitoring systems market includes power generation, oil and gas, chemicals and fertilizers, cement, pharmaceuticals, pulp and paper, metal and mining, marine and shipping, waste incineration, and others. In 2018, the oil and gas segment dominated the global emission monitoring systems market.

Global Emission Monitoring Systems Market

In 2018, the Asia Pacific region dominated the global emission monitoring systems market. This growth was mainly due to the stringent regulatory standards and safety directives across the region. Moreover, the Asia Pacific solar wind hybrid systems market is anticipated to register the fastest CAGR over the next few years, owing to the rising urbanization and growing industrialization in the region, particularly in the emerging economies of India and China.

The major players of the global emission monitoring systems market are ABB, Emerson, Ametek, Siemens, General Electric, Rockwell Automation, Parker Hannifin, Teledyne Technologies, CMC Solutions, Thermo Fisher, Enviro Technology Services, Environnement S.A., Protea, and Fuji Electric.


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