Global Emissions Monitoring Systems Market: Snapshot
Stringent environmental compliance and regulation enforced in different regions along with growing awareness about environmental degradation and pollution has led to strong growth of the global emission monitoring systems (EMS) market. The market is anticipated to expand at a CAGR of 7.5% during the forecast period from 2017 to 2025. The global emission Monitoring Systems market was valued at US$ 3997.8 Mn in 2017 and is expected to present an opportunity worth US$7, 1187 mn by 2025 by the end of 2025. The demand for comprehensive, cost effective, and an integrated EMS is growing across all industry verticals. Technological improvements have led to development of advance gas analyzer for better analysis of toxic substances. The growing awareness about hazards of air pollution has also resulted in a positive influence on the global market.
Continuous Emission Monitoring Systems to Remain a Popular Choice amongst End Users
On the basis of technology, the market is segmented into predictive emission monitoring systems and continuous emission monitoring systems (CMES). In 2017, the continuous emission monitoring systems market accounted for maximum share of approximately 88.3% out of total market revenue. Growing installation of continuous emission monitoring systems across various industry verticals around the globe has led to strong opportunity for new as well as existing players to deliver efficient emission monitoring systems. CMES, presently has become the ultimate tool for emission regulation. The CEMS technology has attained international certification from various regulatory bodies including the U.S. Environmental Protection Agency, India’s Central Pollution Control Board and European environmental policies and regulation.
Asia Pacific to Remain Dominant as Manufacturers Vie for Global Presence
The emission monitoring systems market is anticipated to have a huge opportunity in Asia Pacific region and the Middle East and Africa due to fuelling industrialization as well as establishment of strong environmental regulation. In APAC region, countries such as China and Japan have laid down environmental regulation for emission control that has created demand for emission monitoring systems and continuous emission monitoring systems in particular. Furthermore, players in Asia Pacific are trying to establish a strong presence across the globe. Several regional manufacturers are focusing on offering efficient and user-friendly solutions that easily meet the end-use requirements as well as it is in accordance with the regulatory compliance. Moreover, the manufacturers are adopting partnership and acquisition strategies to proficiently compete in the regional market.
In MEA region, the booming oil and gas industry is substantially investing in installation and maintenance of emission monitoring systems specifically predictive emission monitoring systems. In North America, particularly the U.S., energy and power industry is expected to strongly adopt emission monitoring systems.
The global emission monitoring systems market is highly fragmented, with large number of large as well as mid-level manufacturers. However, some of the major manufacturers include ABB Ltd., Babcock & Wilcox Enterprises Inc., Sick AG, Siemens AG, Emerson Electric Co., AMETEK, Inc., Durag Group and Teledyne Technologies Inc. The market is expected to witness entry of significant number of manufacturers of emission monitoring systems equipment and services thereby intensifying the competition. Other significant players in the market include Rockwell Automation Inc., General Electric, Opsis,Thermo Fisher Scientific Inc., Beijing SDL Technology Co., Ltd., ALS Limited, Parker Hannifin Corporation, Bühler Technologies GmbH, M&C TechGroup, Horiba, Yokogawa Electric Corporation, Fuji electric, Servomex, Enironnement S.A.
Global Emission Monitoring Systems Market: Overview
The Emission Monitoring Systems Market report provides analysis for the period 2015 – 2025, wherein the period from 2017 to 2025 is the forecast and 2016 is the base year. The report covers all the major trends and technologies playing influential role in the emission monitoring systems market’s growth over the forecast period. It also highlights the drivers, restraints, opportunities and trends expected to impact market’s growth during the said period. The study provides a comprehensive perspective on global emission monitoring systems market’s evolution throughout the above mentioned forecast period in terms of revenue (in US$ Mn).
The market overview section of the report demonstrates the market dynamics such as the drivers, restraints, opportunities, trends that is expected to influence the current nature and future status of this market. Key indicators mentioned in the report, provide a robust view about the vital factors that led to the strong adoption of emission monitoring systems around the globe. The key indicators also provide significance of the factors which are capable of changing the market scenario. These indicators are expected to define the market position during the forecast period. An attractiveness analysis has also been provided for every segment in the report, in order to provide a thorough understanding of the overall scenario in the emission monitoring systems market. Moreover, the report provides an overview of various strategies adopted by the key players present in the market.
Global Emission Monitoring Systems Market: Segmentation
The report segments the market on the basis of technology and industry verticals. The technology segment includes predictive emission monitoring systems and continuous emission monitoring systems. The industry verticals considered in the emission monitoring systems market include Oil & Gas, Chemicals & Fertilizers, Cement, Pulp & Paper, Energy/Power, Mining, Others. The others segment of the end-use vertical include Electronics, Food & Beverages, Healthcare, incineration and waste water treatment. The report provides in-depth segment analysis of the global emission monitoring systems market, thereby providing valuable insights at the macro as well as micro levels.
Global Emission Monitoring Systems Market: Competitive Landscape
The report also highlights the competitive landscape of the global emission monitoring systems market, thereby positioning all the major players according to their presence in different regions of the world and recent key developments initiated by them in the emission monitoring systems market. The comprehensive emission monitoring systems market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting emission monitoring systems market growth.
This report provides all the essential information required to understand the key developments in the technology used in emission monitoring systems market, growth trend of each segment and strategy of each company that help them to efficiently compete in the market. Also, the report provides insights related to trends and its impact on the market. Furthermore, Porter’s Five Forces analysis explains the factors which are currently affecting the emission monitoring systems market. This report also provides comparative analysis of predictive and continuous emission monitoring systems on the basis of various parameters namely, cost, application area, time required for configuration and hardware requirement
Key Players Mentioned in this Research Report are:
ABB Ltd., Babcock & Wilcox Enterprises Inc., Sick AG, Siemens AG, Emerson Electric Co., AMETEK, Inc., Durag Group and Teledyne Technologies Inc., Rockwell Automation Inc., General Electric, Opsis, Thermo Fisher Scientific Inc., Beijing SDL Technology Co., Ltd., ALS Limited, Parker Hannifin Ltd, Bühler Technologies GmbH, M&C TechGroup, Horiba, Yokogawa Electric Corporation, Fuji electric, Servomex, Enironnement S.A. are some of the major players operating within the Emission Monitoring Systems market profiled in this study. Details such as financials, SWOT analysis, business strategies, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling.
Global Emission Monitoring Systems Market
- Predictive Emission Monitoring Systems
- Continuous Emission Monitoring Systems
By End-Use Vertical
- Oil &Gas
- Chemicals & Fertilizers
- Pulp & Paper