The Emission Monitoring System Market was valued at USD 2.95 billion in 2017 and is expected to reach USD 5.37 billion by 2023 at a CAGR of 11%.
The growth of the EMS market is driven by high dependency of countries worldwide on coal-fired power plants to generate electricity, stringent emission norms and standards enforced by North American and European governments, and increased need for environmental protection. Moreover, growing number for coal-fired power generation plants in APAC is likely to fuel the growth of the market.
Many industrial plants use these monitoring systems. The systems are useful for monitoring industrial emissions. Emission monitoring systems have many parts. Some of these include gas analyzers, filters, and software systems. Each part of the emission system plays a vital role in recording the data
Emission monitoring systems are in demand in many nations mainly because of strict regulations that many governments have imposed regarding emissions from industrial plants.
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COVID-19 Impact on the Global EMS Market
In 2020, with the onset of the COVID-19 crisis, the world witnessed both health and economic impacts. The worldwide spread of this virus led to the closure of various manufacturing facilities and temporary halts in business operations. The COVID-19 pandemic has badly affected the major end-user industries, such as the oil & gas industry, with oil prices slashing drastically. The major decline in the demand for oil and gas due to various restrictions imposed by governments worldwide in 2020 resulted in a massive gap between supply and demand. Additionally, power generation and chemicals, petrochemicals, refineries, and fertilizers industries are also among the key end users of EMS. These industries also witnessed reduced demand due to the global pandemic. There were restrictions on foreign trades due to the lockdown of international borders, non-operational distribution channels, and various precautionary measures undertaken for public health and safety. An increase in demand from the energy and power sector and chemicals industries is likely to drive the EMS market for these end-user industries gradually from 2017 to 2023.
Market Dynamics:
Driver:
A coal-burning power plant is a thermal power station that uses coal to generate electricity. According to a report by Carbon Brief, in 2020, coal nearly generated 40% of the world’s electricity. Similarly, according to the Coal Association of Canada, in 2020, the country produced roughly 62 million tons of coal, with 51% being thermal coal used for electricity generation. The burned coal releases several airborne toxins and pollutants, such as mercury, lead, sulfur dioxide, nitrogen oxides, particulates, and other heavy metals. Exposure to these pollutants can cause many health effects, including asthma and breathing difficulties, brain damage, heart problems, cancer, neurological disorders, and premature death. These pollutants can also damage the lungs, kidneys, respiratory, and nervous systems. Therefore, various regulatory authorities have made continuous or preventive emission monitoring systems mandatory to keep track of pollutant emission rates.
Segment Overview
By system type
This segment can be grouped into the following sub-segments:
- Continuous Emission Monitoring Systems (CEMS)
- Predictive Emissions Monitoring Systems (PEMS)
By Offering
This segment can be grouped into the following sub-segments
- Hardware
- Software
- Service
By Industry
This segment can be grouped into the following sub-segments
- Power Generation
- Oil & Gas
- Chemicals, Petrochemicals, Refineries, and Fertilizers
- Building Materials
- Pulp and Paper
- Pharmaceuticals
- Metals
- Mining
- Marine and Shipping
- Waste Incineration
Regional analysis
The emission monitoring systems market can be grouped into the following geographic regions:
- North America
- The European Union
- Asia-Pacific
- The Rest of the World
Emission monitoring systems are in immense demand in the Asia-Pacific region. The reason is that there is a large concentration of industries that use coal to generate power. Many power generation plants also use coal to generate electrical energy.
India and China, especially, have a large number of coal-powered industrial units. Since coal is highly polluting, the Indian and Chinese governments have mandated that these industrial plants use emission monitoring systems to gauge and control particulate emissions.
Hence, the Asia-Pacific region is expected to register one of the highest regional CAGRs for the global emission monitoring systems market for the time period that this report covers. The same is true for market share.
The European Union has a strong and developed IT sector. Therefore, many components needed for IT infrastructure are manufactured in this region. Since this industrial activity releases polluting particulates into the atmosphere, there is a growing need for emission monitoring systems in this part of the world.
The European Union is also a prime area for data center facilities. These also tend to pollute. Therefore, this presents a growing need for emission monitoring systems.
Many governments in developing nations in the rest of the world have seen an increased demand for emission monitoring systems. The reason is that the air and atmospheric systems are declining rapidly in these regions. Therefore, there is a growing need for systems to monitor and control the amount of polluting particles that industries release into the atmosphere.
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Key Market Players
A few of the key players in the EMS market are ABB Ltd. (Switzerland), AMETEK, Inc. (US), Emerson Electric Company (US), Baker Hughes (US), Siemens AG (Germany), Parker-Hannifin (US), Rockwell Automation (US), SICK (Germany), Teledyne Technologies, Inc. (US), and Thermo Fisher Scientific Inc. (US).
Industry news
- Ametek is a major player in the global emission monitoring systems market. It recently (in 2019) launched a continuous emission monitoring system. The purpose of the system is to monitor the amount of polluting particles that industrial smokestacks and ducts emit regularly. The push for cleaner air has prompted the company to roll out this new and innovative product.
- Kyushyu University students recently developed a continuous seismic monitoring system two years ago. Its emerging technology whose goal is to monitor the changes in the Earth’s energy which store carbon energy - a key component in geothermal energy generation.
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