Predictive Emission Monitoring System Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Industry, By Component, By Deployment, By Region, By Competition, 2020-2030F

Description

The Global Predictive Emission Monitoring System Market, valued at USD 5.15 Billion in 2024, is projected to experience a CAGR of 7.77% to reach USD 8.07 Billion by 2030. Predictive Emission Monitoring Systems (PEMS) utilize mathematical models and historical operational data to forecast and estimate emissions from industrial sources in real time. The market's expansion is fundamentally supported by two key drivers: increasingly stringent global environmental regulations mandating precise emission reporting, and the continuous industry pursuit of cost-efficient alternatives to traditional Continuous Emission Monitoring Systems.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 5.15 Billion
Market Size 2030	USD 8.07 Billion
CAGR 2025-2030	7.77%
Fastest Growing Segment	Power Plants & Combustion
Largest Market	North America

Key Market Drivers

The Global Predictive Emission Monitoring System market is notably driven by increasingly stringent environmental regulations and advancements in artificial intelligence, machine learning, and sensor technologies. Governments globally are imposing stricter compliance mandates for industrial emissions, compelling precise monitoring solutions. For example, according to ISM, in February 2024, in "New EPA Limits Put Industrial Sector on Notice", the U. S. Environmental Protection Agency reduced acceptable soot pollution levels from 12 micrograms to 9 micrograms per cubic meter, demanding enhanced emission tracking.

Key Market Challenges

A substantial challenge impeding the growth of the Global Predictive Emission Monitoring System market is the significant initial capital investment required for PEMS software implementation. This financial outlay can be a considerable barrier for industrial facilities, particularly for small and medium-sized enterprises with constrained budgets. The need for considerable upfront expenditure often leads companies to defer or entirely avoid adopting these advanced systems, thereby directly limiting the market's expansion.

Key Market Trends

The expansion of PEMS solutions into emerging industrial economies is a prominent market trend. As industrialization accelerates across regions such as Southeast Asia, Latin America, and parts of Africa, there is a growing imperative for advanced emission monitoring to mitigate environmental impacts and ensure compliance with developing regulatory frameworks. These economies often prioritize scalable and economically viable solutions to address increasing pollution concerns alongside industrial growth. For example, according to a 2023 report titled "Environmental Policy Implementation and Communication in the Association of Southeast Asian Nations Manufacturing," PT Astra International in Indonesia achieved an 18% reduction in emissions between 2020 and 2023, showcasing the increasing adoption of such technologies in the region for sustainability targets.

Key Market Players

ABB Ltd
Emerson Electric Co.
General Electric Company
Honeywell International Inc
Siemens AG
Yokogawa Electric Corp.
Testo SE & Co. KGaA
AVL List GmbH
Horiba Ltd
Bureau Veritas

Report Scope:

In this report, the Global Predictive Emission Monitoring System Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Predictive Emission Monitoring System Market, By Industry:

Power Plants & Combustion
Oil & Gas
Chemicals
Petrochemicals
Refineries
Fertilizers
Building Materials
Pharmaceutical
Metal & Mining

Predictive Emission Monitoring System Market, By Component:

Software
Service

Predictive Emission Monitoring System Market, By Deployment:

On-Premise
Online

Predictive Emission Monitoring System Market, By Region:

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Predictive Emission Monitoring System Market.

Available Customizations:

Global Predictive Emission Monitoring System 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:

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
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

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, Trends

4. Voice of Customer

5. Global Predictive Emission Monitoring System Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Industry (Power Plants & Combustion, Oil & Gas, Chemicals, Petrochemicals, Refineries, Fertilizers, Building Materials, Pharmaceutical, Metal & Mining)
- 5.2.2. By Component (Software, Service)
- 5.2.3. By Deployment (On-Premise, Online)
- 5.2.4. By Region
- 5.2.5. By Company (2024)
5.3. Market Map

6. North America Predictive Emission Monitoring System Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Industry
- 6.2.2. By Component
- 6.2.3. By Deployment
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Predictive Emission Monitoring System Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Industry
    - 6.3.1.2.2. By Component
    - 6.3.1.2.3. By Deployment
- 6.3.2. Canada Predictive Emission Monitoring System Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Industry
    - 6.3.2.2.2. By Component
    - 6.3.2.2.3. By Deployment
- 6.3.3. Mexico Predictive Emission Monitoring System Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Industry
    - 6.3.3.2.2. By Component
    - 6.3.3.2.3. By Deployment

7. Europe Predictive Emission Monitoring System Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Industry
- 7.2.2. By Component
- 7.2.3. By Deployment
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Predictive Emission Monitoring System Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Industry
    - 7.3.1.2.2. By Component
    - 7.3.1.2.3. By Deployment
- 7.3.2. France Predictive Emission Monitoring System Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Industry
    - 7.3.2.2.2. By Component
    - 7.3.2.2.3. By Deployment
- 7.3.3. United Kingdom Predictive Emission Monitoring System Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Industry
    - 7.3.3.2.2. By Component
    - 7.3.3.2.3. By Deployment
- 7.3.4. Italy Predictive Emission Monitoring System Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Industry
    - 7.3.4.2.2. By Component
    - 7.3.4.2.3. By Deployment
- 7.3.5. Spain Predictive Emission Monitoring System Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Industry
    - 7.3.5.2.2. By Component
    - 7.3.5.2.3. By Deployment

8. Asia Pacific Predictive Emission Monitoring System Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Industry
- 8.2.2. By Component
- 8.2.3. By Deployment
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Predictive Emission Monitoring System Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Industry
    - 8.3.1.2.2. By Component
    - 8.3.1.2.3. By Deployment
- 8.3.2. India Predictive Emission Monitoring System Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Industry
    - 8.3.2.2.2. By Component
    - 8.3.2.2.3. By Deployment
- 8.3.3. Japan Predictive Emission Monitoring System Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Industry
    - 8.3.3.2.2. By Component
    - 8.3.3.2.3. By Deployment
- 8.3.4. South Korea Predictive Emission Monitoring System Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Industry
    - 8.3.4.2.2. By Component
    - 8.3.4.2.3. By Deployment
- 8.3.5. Australia Predictive Emission Monitoring System Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Industry
    - 8.3.5.2.2. By Component
    - 8.3.5.2.3. By Deployment

9. Middle East & Africa Predictive Emission Monitoring System Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Industry
- 9.2.2. By Component
- 9.2.3. By Deployment
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Predictive Emission Monitoring System Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Industry
    - 9.3.1.2.2. By Component
    - 9.3.1.2.3. By Deployment
- 9.3.2. UAE Predictive Emission Monitoring System Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Industry
    - 9.3.2.2.2. By Component
    - 9.3.2.2.3. By Deployment
- 9.3.3. South Africa Predictive Emission Monitoring System Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Industry
    - 9.3.3.2.2. By Component
    - 9.3.3.2.3. By Deployment

10. South America Predictive Emission Monitoring System Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Industry
- 10.2.2. By Component
- 10.2.3. By Deployment
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Predictive Emission Monitoring System Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Industry
    - 10.3.1.2.2. By Component
    - 10.3.1.2.3. By Deployment
- 10.3.2. Colombia Predictive Emission Monitoring System Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Industry
    - 10.3.2.2.2. By Component
    - 10.3.2.2.3. By Deployment
- 10.3.3. Argentina Predictive Emission Monitoring System Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Industry
    - 10.3.3.2.2. By Component
    - 10.3.3.2.3. By Deployment

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Predictive Emission Monitoring System Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. ABB Ltd
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Emerson Electric Co.
15.3. General Electric Company
15.4. Honeywell International Inc
15.5. Siemens AG
15.6. Yokogawa Electric Corp.
15.7. Testo SE & Co. KGaA
15.8. AVL List GmbH
15.9. Horiba Ltd
15.10. Bureau Veritas