Emission Monitoring System (EMS) Market Overviews
Emission Monitoring System (EMS) Market size was valued at US$ 3.09 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 6.1% through 2024 to 2030, reaching nearly US$ 4.68 Bn.
Many environmental regulatory agencies across the world mandate industrial businesses to use continuous emission monitoring systems to keep track of pollutant emission rates (EMS or CEMS). Most authorities approve/require the use of CEMS, which is the traditional device for continuous emission monitoring. Continous Emission Monitoring System (CEMS), and Predictive Emission Monitoring System (PEMS) are the two types of the system of the Emission Monitoring System (EMS) Market. Hardware, software, and services are the offering types of the EMS market.
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Emission Monitoring System (EMS) Market Scope and Methodology:
Growing demand from the oil and gas industries, as well as the power generating industry, is expected to be a major growth driver in the emission monitoring system (EMS) market. The global demand is being driven by stringent government restrictions for the implementation of the Emission Monitoring System (EMS) in the upstream and downstream oil and gas sector segments to monitor dangerous gas emissions and air quality.
Emission Monitoring System (EMS) Market Regional Insights
North America region is expected to dominate the Emission Monitoring System (EMS) market during the forecast period 2024-2030. North America region is expected to hold the largest market shares of xx% by 2030. The US Environmental Protection Agency is dedicated to improving air quality and reducing pollution in order to preserve public health. Cleaner air has major public health benefits, and the establishment of the Clean Air Act in the United States, as well as technological improvements by many entrepreneurs since then, has greatly improved air quality in the country.
Emission Monitoring System (EMS)Market Segmentation
Based on the Offering, the market is segmented into Hardware, Software, and Service. Hardware segment is expected to hold the largest market shares of xx% by 2030. CEMS and PEMS both use hardware EMS to collect emissions data, which explains the growth of the hardware EMS market. A PEMS is powered by software and uses hardware components, including sensors, to predict gas emissions, whereas a CEMS is hardware-based. As most plants have installed continuous emission monitoring systems, hardware-based continuous emission monitoring systems boost the demand for hardware devices. These are the factors that are expected to drives the growth of this segment in the Emission Monitoring System (EMS) market during the forecast period 2024-2030
Emission Monitoring System (EMS) Market Key Players
ABB (Switzerland)
AMETEK (US)
Emerson (US)
General Electric (US)
Siemens (US)
Parker Hannfin (US)
Rockwell Automation (US)
SICK (Germany)
Teledyne Technologies (US)
Thermo Fisher(US)
CMC Solutions (US)
Environmental S.A. (US)
Enviro Technology Services (UK)
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Key questions answered in the Emission Monitoring System (EMS) Market are:
- What is Emission Monitoring System (EMS) ?
- What was the Emission Monitoring System (EMS) market size in 2023?
- What is the growth rate of the Emission Monitoring System (EMS) Market?
- Which are the factors expected to drive the Emission Monitoring System (EMS) market growth?
- What are the different segments of the Emission Monitoring System (EMS) Market?
- What growth strategies are the players considering to increase their presence in Emission Monitoring System (EMS) ?
- What are the upcoming industry applications and trends for the Emission Monitoring System (EMS) Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Emission Monitoring System (EMS) Market?
- Who are the leading companies and what are their portfolios in Emission Monitoring System (EMS) Market?
- What segments are covered in the Emission Monitoring System (EMS) Market?
- Who are the key players in the Emission Monitoring System (EMS) market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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