Market Overview
In 2022, the worldwide EMS market was worth USD 3.0 billion, and by 2027, it is expected to be worth USD 4.5 billion. It is anticipated to increase at a CAGR of 8.8% during the projection period. The EMS market is growing due to a significant reliance on coal-fired power plants for energy generation, strict emission regulations and standards imposed by North American and European authorities, and a growing need for environmental protection. Furthermore, the expanding number of coal-fired power production units in APAC is expected to fuel market expansion.
Monitoring Systems for Emissions Over the years 2021-2027, The Emission Monitoring System Market is predicted to grow rapidly. Continuous emission monitoring systems' capacity to provide reliable measurement information on contaminants or gaseous emissions from stacks in industries such as textile is driving this rise. The introduction of strict emission rules and legislation to address climate change would also boost product demand in the years ahead. For example, in 2021, the European Commission adopted legislative measures to achieve climate neutrality within the EU by 2050, including at least a 55 percent net decrease in GHG emissions by 2030.
Emission monitoring is a method of analyzing the environmental effects of harmful emissions to assist organizations in achieving long-term sustainability goals. Emission monitoring services make sure that production has a low environmental impact and complies with environmental regulations.
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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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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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