Emission Monitoring System Market by System Type, Component, End-User

Description

List of Tables

[186 Pages Report] The Emission Monitoring System Market size was estimated at USD 6.51 billion in 2023 and expected to reach USD 6.99 billion in 2024, at a CAGR 7.51% to reach USD 10.82 billion by 2030.

The emission monitoring system (EMS) is used to monitor and measure the release of pollutants into the environment. This system monitors the levels of oxygen, carbon monoxide, and carbon dioxide in flue gas, which occurs due to combustion in industrial processes, and ensures that companies and industries comply with environmental regulations and standards. The monitoring process involves using sensors and instruments that measure the concentration of pollutants in the emissions. The data collected from this monitoring system can be used to identify areas where pollution control measures need to be improved and to track the effectiveness of existing pollution control technologies. Environmental awareness and concerns about climate change are driving demand for the EMS system. The awareness of the environmental consequences of industrial activities is increasing, highlighting the importance of reducing emissions to address the adverse impacts of climate change. The increase in power generation & chemical industries boosts the deployment of the emission monitoring system across the industries. Furthermore, it is difficult for small industries and businesses to invest in EMS due to the high cost of the emission monitoring system. Ongoing technological advancements in continuous and predictive emissions monitoring and a rising number of industries create lucrative opportunities for the emission monitoring system market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 6.51 billion
Estimated Year [2024]	USD 6.99 billion
Forecast Year [2030]	USD 10.82 billion
CAGR (%)	7.51%

System Type: Significant penetration of Continuous Emission Monitoring System (CEMS) across the industrial sector

A continuous emission monitoring system (CEMS) is used for real-time collection, measurement, and analysis of gaseous emissions released from industrial processes. This system is essential in meeting regulatory compliance standards and ensuring that industries maintain emission limits set by environmental agencies. CEMS is preferred for applications with strict emission limits or where constant monitoring of pollutants is required. Key components of CEMS include gas analyzers, sample conditioning systems, data acquisition systems, and calibration equipment. These systems monitor parameters such as sulfur dioxide (SO2), nitrogen oxide (NOx), carbon monoxide (CO), carbon dioxide (CO2), oxygen (O2), and volatile organic compounds (VOCs). A predictive emission monitoring system (PEMS) is an alternative to traditional CEMS that uses advanced software algorithms to estimate pollutant concentrations in real time. PEMS are preferred in applications where direct measurement of pollutant emissions is not practical or cost-effective, such as smaller-scale operations or industries with lower emission limits. PEMS utilizes historical process data and correlations with measured emissions to create a mathematical model that predicts emission levels based on operating conditions. CEMS offers real-time measurement and analysis of gaseous emissions released from industrial processes, making them ideal for applications requiring strict compliance with regulatory standards. In contrast, PEMS estimates pollutant concentrations using mathematical models based on historical process data and correlations.

Component: Increasing deployment of emission monitoring software due to enhanced flexibility of integrating with enterprise infrastructures

Hardware components are vital for the proper functioning of an EMS as they include sensors, analyzers, and data acquisition systems that detect and measure pollutants. Need-based preferences for hardware depend on the type of industry, regulatory compliance requirements, and specific pollutant emissions being monitored. Services are essential for the successful implementation and maintenance of an EMS. These include consultation services for system design and installation, training services for staff to operate the system effectively, maintenance services to ensure optimal performance, and support services for troubleshooting issues related to hardware or software. The service preference depends on factors such as organizational resources available for system management, in-house expertise levels on emissions monitoring technology, and budget constraints. Software plays a crucial role in EMS by providing data analysis, reporting, and compliance management tools. The need-based preference for software is determined by factors such as ease of use, compatibility with existing hardware components, flexibility in integrating with other enterprise systems, and scalability to accommodate future growth or changes in regulatory requirements. Hardware selection prioritizes accuracy and reliability; services enhance system implementation and maintenance, while software emphasizes user-friendly interfaces and seamless integration within existing infrastructure.

End-User: Rising applications of emission monitoring systems in chemical & fertilizer industries

The need for emission monitoring systems in the building materials industry is crucial, as it helps ensure compliance with environmental regulations and minimize harmful pollutants from cement, brick, and glass manufacturing processes. Emission monitoring systems are vital in controlling and reducing air pollutants from chemical and fertilizer production processes. The international regulations on sulfur emissions are becoming more stringent, increasing demand for effective emission monitoring systems for marine vessels to reduce their environmental impact. The metals and mining sector requires reliable emission monitoring to ensure compliance with air quality standards due to significant pollutant emissions during extraction and processing activities. Emission monitoring systems are essential for the oil & gas industry, as they assist in reducing greenhouse gas emissions and ensuring compliance with environmental regulations. Emission monitoring is crucial for pharmaceutical facilities to control volatile organic compounds (VOCs) emitted during drug production. The power generation industry requires stringent emission monitoring due to the significant amounts of pollutants released during electricity generation. Emission monitoring is crucial in the pulp and paper industry due to the release of harmful chemicals during wood processing stages. Emission monitoring systems are essential for waste incineration facilities to ensure the reduction of pollutants and compliance with environmental regulations.

Regional Insights

The Environmental Protection Agency of the Americas issues various guidelines and enforces rules and regulations to curb excessive pollution. The U.S. and Canada play a considerable role in environmental pollution owing to comprehensive industrial development, massive oil & gas exploration, and technological revolution. Government agencies are imposing hefty fines on emission violations against the emission secretions from power plants and chemical factories. Therefore, industries are adopting a continuous emission monitoring system to monitor and control gas emissions. Europe is acting sternly to mitigate the ever-increasing GHG and drafting harsh policies to reduce carbon emissions. The increasing adoption of the emission monitoring system across the automotive industry and the rising concern about environmental degradation are expected to propel market growth. The Asia-Pacific represents significant growth in the emission control system market owing to massive progress across the region. Additionally, a continuous initiative by the Government of India under the Make in India scheme expanded business opportunities. In China, the government is pushing for new projects, and private entities are investing owing to the high market potential, which is escalating the market growth of the emission monitoring system. The oil-rich nations' increasing demand for hydrocarbons has enlarged the production of oil and gas, which deteriorates the quality of the environment across EMEA. Moreover, industrial processes in the Middle East and Africa have put forward specific guidelines for establishing, applying, maintaining, and reviewing of the performance of the continuous emission monitoring system.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Emission Monitoring System Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Emission Monitoring System Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Emission Monitoring System Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., ACOEM Group, AMETEK, Inc., Anodyne Water Engineering Company Pvt. Ltd., Applied Techno Engineers Private Limited, Baker Hughes Company, Chemtrols Industries Ltd., CODEL International Ltd., Cummins Inc., Custom Instrumentation Services Corporation, DURAG Holding AG, Eaton Corporation PLC, Emerson Electric Co., ENVEA Group, ESC Spectrum, Exploration Robotics Technologies Inc., Forbes Marshall Pvt. Ltd., Fuji Electric Co., Ltd., Gasmet Technologies Oy, General Electric Company, Honeywell International Inc., Horiba, Ltd., Intertek Group PLC, KCH Services Incorporated, Mechanical Systems, Inc., Mitsubishi Heavy Industries, Ltd., Oizom Instruments Pvt. Ltd., Parker-Hannifin Corporation, Protea Ltd., Rockwell Automation, Inc., SGS SA, Sick AG, Siemens AG, Teledyne Technologies, Inc., and Thermo Fisher Scientific, Inc..

Market Segmentation & Coverage

This research report categorizes the Emission Monitoring System Market to forecast the revenues and analyze trends in each of the following sub-markets:

System Type
- Continuous Emission Monitoring System
- Predictive Emission Monitoring System

Component
- Hardware
- Services
  - Installation & Deployment
  - Support & Maintenance
  - Training

Software

End-User
- Building Materials
- Chemical & Fertilizer
- Marine & Shipping
- Metals & Mining
- Oil & Gas
- Pharmaceutical
- Power Generation
- Pulp & Paper
- Waste Incineration

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - Alabama
    - California
    - Florida
    - Illinois
    - Michigan
    - Minnesota
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Emission Monitoring System Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Emission Monitoring System Market?

3. What are the technology trends and regulatory frameworks in the Emission Monitoring System Market?

4. What is the market share of the leading vendors in the Emission Monitoring System Market?

5. Which modes and strategic moves are suitable for entering the Emission Monitoring System Market?

Product Code: MRR-DD6333AE658A

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Need for environmental protection due to increasing emission rates in economies
  - 5.1.1.2. Accelerating adoption of emission monitoring system from power generation and chemical industries
  - 5.1.1.3. Government initiatives for the development of novel emission monitoring systems
- 5.1.2. Restraints
  - 5.1.2.1. High lifecycle cost of continuous emission monitoring systems
- 5.1.3. Opportunities
  - 5.1.3.1. Developments in continuous and predictive emissions monitoring systems for VOC emission
- 5.1.4. Challenges
  - 5.1.4.1. Loosely defined industry regulations for emission monitoring systems
5.2. Market Segmentation Analysis
- 5.2.1. System Type: Significant penetration of Continuous Emission Monitoring System (CEMS) across the industrial sector
- 5.2.2. Component: Increasing deployment of emission monitoring software due to enhanced flexibility of integrating with enterprise infrastructures
- 5.2.3. End-User: Rising applications of emission monitoring systems in chemical & fertilizer industries
5.3. Market Trend Analysis
- 5.3.1. Consistent government sponsorship and continuous research, broadening the scope of the EMS in the Americas
- 5.3.2. Rapid industrialization and well-established guidelines associated with the use of emission monitoring systems in the APAC region
- 5.3.3. Stringent government regulations for industrial emissions and ongoing advancements in environmental monitoring systems in the EMEA region
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework Analysis

6. Emission Monitoring System Market, by System Type

6.1. Introduction
6.2. Continuous Emission Monitoring System
6.3. Predictive Emission Monitoring System

7. Emission Monitoring System Market, by Component

7.1. Introduction
7.2. Hardware
7.3. Services
7.4. Software

8. Emission Monitoring System Market, by End-User

8.1. Introduction
8.2. Building Materials
8.3. Chemical & Fertilizer
8.4. Marine & Shipping
8.5. Metals & Mining
8.6. Oil & Gas
8.7. Pharmaceutical
8.8. Power Generation
8.9. Pulp & Paper
8.10. Waste Incineration

9. Americas Emission Monitoring System Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Emission Monitoring System Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Emission Monitoring System Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. ABB to push boundaries of methane emissions monitoring with funding from U.S. Department of Energy
- 12.3.2. Hyundai Motor and Kia Introduce CO2 Emission Monitoring System Built on the Hedera Network
- 12.3.3. DNV launches real-time emissions data verification solution for trusted collaboration across maritime value chain
- 12.3.4. The government approved the Procedure for installing automated emission control systems at enterprises
- 12.3.5. ENVEA has successfully completed the acquisition of Hycontrol Ltd.
- 12.3.6. DOE Funding to Reduce Methane Emissions from Oil and Gas Sector
- 12.3.7. Emerson - NevadaNano completes USD 30 million Series C funding to speed development of new emissions-tracking technology
- 12.3.8. MeitY launches new tech system to monitor air quality | Mint
- 12.3.9. Carbon Monitoring and Monetisation Start-Up Everimpact Closes €1.7M (USD 1.79 million) Round
- 12.3.10. ABB launches Sensi+ - revolutionary analyzer for natural gas quality monitoring
- 12.3.11. Pi Green Innovations' emission control device gets approval certificate from pollution board
- 12.3.12. GE Digital Software Now Offers Carbon Advice and Insights Designed for Emissions Reduction in Thermal Generation Plants
- 12.3.13. New optical sensors to double methane monitoring capabilities for GHGSat in space
- 12.3.14. Emerson Joins Carbon Capture and Storage Program Led by Carbon Management Canada
- 12.3.15. Oizom Launches AQBot, a Smart, Affordable Industrial Air Quality Monitor
- 12.3.16. ABB and Coolbrook collaborate to reduce emissions in petrochemical market

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio