Emission Monitoring System Market

Emission Monitoring System Market by System Type (CEMS and PEMS), Device Type (Gas Analyzers, Flow & Opacity Monitors, Sample Probes, Data Controllers, Filters), Software, Services, Industry and Region - Global Forecast to 2028

Report Code: SE 3919 Nov, 2023, by marketsandmarkets.com

[205 Pages Report] The global emission monitoring system market size is expected to grow from USD 3.2 billion in 2023 to USD 5.0 billion by 2028, at a CAGR of 9.3% from 2023 to 2028. Manufacturing companies are required to ensure that their pollutant emission rates are within specified limits. To achieve this, countries have issued laws and ordinances that provide detailed instructions for emission control measures. For instance, the Federal Emission Control Act was introduced in Germany, while the United States implemented the Environmental Protection Agency (EPA) Clean Air Act. The concern over hazardous gas emissions has led to an increase in demand for emission monitoring systems that help protect the environment.

Emission Monitoring System Market

Emission Monitoring System Market

Emission Monitoring System Market Forecast to 2028

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Market Dynamics

DRIVERS: Rising emphasis on ambient air quality monitoring

Air quality monitoring for outdoor environments is considered critical in several countries worldwide. Several cities worldwide that have an advanced civic technology environment or those planning major infrastructure upgrades in their existing ones should consider integrating EMS into their infrastructures. Cities with “Smart City” agendas and advanced data management capabilities can measure emissions using these systems. People living in highly polluted towns and cities are realizing the impact of harmful gases and particles. For instance, a European city London faces high air pollution and in minority of the cases the air pollution considered as the proven fatal. Thus, it is becoming necessary to monitor the ambient air quality in major cities to maintain environmental and human health.

RESTRAINTS: High maintenance costs associated with emission monitoring systems

A continuous emission monitoring system (CEMS) is a hardware-based emission monitoring system that collects data with the help of gas analyzers and sensors. Industries require emission monitoring systems that remain operational even in extreme environmental conditions. Manufacturers have to carry out regular or frequent maintenance of continuous emission monitoring systems to keep them working 24 hours a day and obtain a high level of reliability. Depending on the application, continuous emission monitoring systems require maintenance daily, monthly, quarterly, semi-annually, or annually. The maintenance cost of these systems is very high.

OPPORTUNITIES: Growing pharmaceuticals industry

The pharmaceutical industry is rapidly growing worldwide due to an aging population and an increased prevalence of chronic diseases, which drives the demand for prescription drugs. Additionally, advancements in technology within the industry are contributing to its growth. However, the manufacturing processes in pharmaceuticals are complex and involve the use of various chemicals and solvents that can release pollutants such as volatile organic compounds (VOCs), hazardous air pollutants (HAPs), and particulate matter (PM) that can harm the environment. Therefore, the US Environmental Protection Agency (EPA) has recently finalized regulations for controlling emissions of HAPs from pharmaceutical manufacturing facilities. These regulations will require pharmaceutical companies to install and operate emission monitoring systems to monitor and control their emissions.

CHALLENGES: Performance limitations of emission monitoring systems in harsh operating conditions

Emission monitoring systems face technical challenges due to strict regulatory frameworks. These systems need to be maintained and designed to comply with regulations. They operate in harsh environments and extreme conditions such as dust, fog, and rain, making them susceptible to accuracy and performance-related issues.  In various critical industries, including chemicals, petrochemicals, and oil & gas, emission monitoring systems are commonly utilized. However, these systems face challenges in providing precise and dependable data due to the installation of analyzers in hard-to-reach locations. This can cause issues with calibration, maintenance, and replacement of the devices, which may further compound the problems.

Emission Monitoring System Market Ecosystem

Prominent companies in this market include well-established, financially stable manufacturers such as ABB (Switzerland), AMETEK. Inc. (US), Emerson Electric Co. (US), Siemens (Germany), and Thermo Fisher Scientific Inc. (US). These companies have been operating in the market for several years and possess a diversified product portfolio and strong global sales and marketing networks. Along with the well-established companies, there are a large number of startups and small companies operating in this market, such as Gasmet Technologies Oy ( Finland) and Protea Ltd. (UK).

Emission Monitoring System Market by Ecosystem

Hardware segment is expected to hold largest market share during the forecast period.

Emission monitoring systems rely highly on hardware components to collect accurate data on emissions. These components play a vital role in the system’s ability to monitor emissions effectively. Continuous emission monitoring systems (CEMS) function through hardware components, whereas predictive emission monitoring systems (PEMS) are powered by software and use few hardware components such as sensors to predict gas emissions. Gas analyzers, gas sampling systems, flow and opacity monitors, particulate matter monitors, sample probes, sample lines, data controllers, and filters are examples of some hardware components deployed in CEMS. CEMS are used to collect data regarding emissions of gases from various industries, such as power generation, oil & gas, chemicals, building materials, and waste incineration. The increasing number of regulations for pollution monitoring in various industries has led to a rise in demand for CEMS, which, in turn, has boosted demand for hardware components.

The market for PEMS is projected to grow with substantial CAGR during the forecast period.

A PEMS provides continuous data recording and generates reports in accordance with US Environmental Protection Agency (US EPA) regulations. It is an improved version of the emission monitoring system. Moreover, the PEMS software is easy to configure using a non-proprietary user interface. It uses process sensors and mathematical or statistical models to analyze gas concentrations or emission rates. The cost of PEMS is lower than that of CEMS because the preventive emission monitoring system is based on software, thereby eliminating the need for costly sensors and analyzers. However, some PEMS solutions may recommend the use of additional hardware components, such as a data acquisition system (DAS), to improve the accuracy of the predictions.

The market in Asia Pacific is projected to hold the largest market share from 2023 to 2028.

Emission Monitoring System Market by Region

Emission Monitoring System Market by Region

To know about the assumptions considered for the study, download the pdf brochure

The EMS market in Asia Pacific is classified into China, Japan, South Korea, India, and Rest of Asia Pacific. Countries such as China, India, and South Korea are witnessing increasing demand for emission monitoring systems. China and India are significant contributors to the EMS market growth in Asia Pacific. The market growth can also be attributed to the growing power generation and chemicals end-user industries—prime users of emission monitoring systems in the region. Moreover, the increasing capacities of coal-fired power plants is another reason for the growing demand for emission monitoring systems.

China is one of the fastest-growing economies in the world. It has significant coal, oil, natural gas, iron ore, copper, lead, zinc, gold, and diamond reserves. The rapid economic growth of the country has expanded energy needs. China is one of the largest producers, consumers, and importers of coal. Moreover, the rapid development of industries across the country to meet the increasing customer demands is expected to fuel the growth of the EMS market in the country.

Key Market Players

ABB (Switzerland), AMETEK. Inc. (US), Emerson Electric Co. (US), Siemens (Germany), and Thermo Fisher Scientific Inc. (US), are among a few top players in the emission monitoring system companies.

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Scope of the Report

Report Metric

Details

Market Size Available for Years

2019–2028

Base Year

2022

Forecast Period

2023–2028

Units

Value (USD Million/Billion)

Segments Covered

Types of Emission, Offering,  System Type, and Industry

Geographic Regions Covered

North America, Europe, Asia Pacific, and RoW

Companies Covered

Major Players:  ABB (Switzerland), AMETEK. Inc. (US), Emerson Electric Co. (US), Siemens (Germany), Thermo Fisher Scientific Inc. (US), SICK AG (Germany), Fuji Electric Co., Ltd. (Japan), HORIBA, Ltd. (Japan), Baker Hughes Company (US), Teledyne Technologies Incorporated (US), Honeywell International Inc. (US), Spectris (UK), and Others - (Total 24 players have been covered)

Emission Monitoring System Market Highlights

This research report categorizes the emission monitoring system market by types of emission, offering,  system type, industry, and region.

Segment

Subsegment

Types of Emission:

  • Oxygen
  • Carbon Monoxide
  • Carbon Dioxide
  • Ammonia
  • Hydrogen Sulfide
  • Nitrogen Oxide
  • Hydrocarbons

By System Type:

  • Continuous Emission Monitoring System (CEMS)
  • Predictive Emission Monitoring System (PEMS)

By Offering:

  • Hardware
  • Software
  • Services

By Industry:

  • Power Generation
  • Oil & Gas
  • Chemicals, Petrochemicals, Refineries, and Fertilizers
  • Building Materials
  • Pulp & Paper
  • Pharmaceuticals
  • Metals
  • Mining
  • Marine & Shipping
  • Waste Incineration

By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Rest of the World
    • GCC
    • South America
    • Rest of Middle East & Africa

Recent Developments

  • In November 2021, AMETEK. Inc. announced the acquisition of Alphasense Ltd, which is one of the leading providers of gas and particulate sensors for air quality applications. This acquisition will help the company to expand its existing sensor business.
  • In October 2021, ABB launched ABB Ability Genix Datalyzer, that helps in optimization of emission monitoring equipment. Further, it is a cloud-based data analytics solution, which is designed for industries such as cement, chemicals, steel, and power generation. The cloud-based modular application provides real-time status across a fleet of analyzers and plants.
  • In September 2021, Emerson Electric Co. launched the Rosemount XE10 CEMS. It is designed to help industrial plants meet increasingly strict environmental regulations and evolving sustainability demands.

Frequently Asked Questions (FAQ’s):

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TABLE OF CONTENTS
 
1  INTRODUCTION 
    1.1. Study Objectives 
    1.2. Market Definition 
           1.2.1. Inclusions and Exclusions
    1.3. Study Scope 
           1.3.1. Markets Covered
           1.3.2. Regional Scope
           1.3.3. Years Considered for the Study
    1.4. Currency  
    1.5. Limitations 
    1.6. Stakeholders 
    1.7. Summary of Changes 
    1.8. Recession Impact 
 
2 RESEARCH METHODOLOGY 
    2.1. Research Approach 
           2.1.1. Secondary Data
           2.1.2. Primary Data
    2.2. Market Size Estimation 
           2.2.1. Bottom-Up Approach
           2.2.2. Top-Down Approach
    2.3. Market Breakdown and Data Triangulation 
    2.4. Research Assumptions 
    2.5. Approaches to understand Impact of Recession on Emission Monitoring System Market 
    2.6. Risk Assessments 
 
3 EXECUTIVE SUMMARY 
 
4 PREMIUM INSIGHTS 
 
5 MARKET OVERVIEW 
    5.1. Introduction 
    5.2. Market Dynamics 
           5.2.1. Drivers
           5.2.2. Restraints
           5.2.3. Opportunities
           5.2.4. Challenges
    5.3. Value Chain Analysis  
    5.4. Ecosystem Analysis 
    5.5. Pricing Analysis  
    5.6. Trends/Disruptions Impacting Customer’s Business 
    5.7. Technology Analysis 
    5.8. Porter’s Five Force Analysis 
    5.9. Key Stakeholders & Buying Criteria 
           5.9.1. Key Stakeholders in Buying Process
           5.9.2. Buying Criteria
    5.10. Case Study Analysis 
    5.11. Trade Analysis 
    5.12. Patent Analysis 
    5.13. Key Conferences & Events in 2023-2024 
    5.14. Regulatory Landscape 
           5.14.1. Regulatory Bodies, Government Agencies, and Other Organizations
           5.14.2. Regulatory Standards
 
6 EMISSION MONITORING SYSTEM MARKET, TYPES OF EMISSION 
    6.1. Introduction  
    6.2. Cathode Oxygen 
    6.3. Carbon Monoxide 
    6.4. Carbon Dioxide 
    6.5. Ammonia 
    6.6. Hydrogen Sulfide 
    6.7. Nitrogen Oxide 
    6.8. Hydrocarbons 
 
7 EMISSION MONITORING SYSTEM MARKET, BY OFFERING 
    7.1. Introduction  
    7.2. Hardware 
    7.3. Software 
    7.4. Services 
 
8 EMISSION MONITORING SYSTEM MARKET, BY SYSTEM TYPE 
    8.1. Introduction 
    8.2. Continuous Emission Monitoring System (CEMS) 
    8.3. Predictive Emission Monitoring System (PEMS)
 
9 EMISSION MONITORING SYSTEM MARKET, BY INDUSTRY 
    9.1. Introduction  
    9.2. Power Generation 
    9.3. Oil & Gas 
    9.4. Chemicals, Petrochemicals, Refineries, and Fertilizers 
    9.5. Building Materials 
    9.6. Pulp & Paper 
    9.7. Pharmaceuticals 
    9.8. Metals 
    9.9. Mining 
    9.10. Marine & Shipping 
    9.11. Waste Incineration 
 
10 EMISSION MONITORING SYSTEM MARKET, BY REGION 
     10.1. Introduction 
     10.2. North America 
             10.2.1. Recession Impact in North America
             10.2.2. US
             10.2.3. Canada
             10.2.4. Mexico
     10.3. Europe 
             10.3.1. Recession Impact in Europe
             10.3.2. Germany
             10.3.3. UK
             10.3.4. France
             10.3.5. Rest of Europe
     10.4. Asia Pacific 
             10.4.1. Recession Impact in Asia Pacific
             10.4.2. China
             10.4.3. Japan
             10.4.4. India
             10.4.5. South Korea
             10.4.6. Rest of Asia Pacific
     10.5. Rest of the World (RoW) 
             10.5.1. Recession Impact in Rest of the World
             10.5.2. GCC
             10.5.3. South America
             10.5.4. Rest of Middle East & Africa
 
11 COMPETITIVE LANDSCAPE  
     11.1. Introduction  
     11.2. Key Player Strategies/Right to Win 
     11.3. Revenue Analysis, 2022 
     11.4. Market Share Analysis, 2022 
     11.5. Company Evaluation Matrix, 2022 
             11.5.1. Stars
             11.5.2. Emerging Leaders
             11.5.3. Pervasive Players
             11.5.4. Participants
             11.5.5. Company Footprint 
     11.6. Start-up/SMEs Evaluation Matrix, 2022 
             11.6.1. Progressive Companies
             11.6.2. Responsive Companies
             11.6.3. Dynamic Companies
             11.6.4. Starting Blocks
             11.6.5. Competitive Benchmarking
     11.7. Competitive Scenario and Trends 
             11.7.1. Product Launches 
             11.7.2. Deals
 
12 COMPANY PROFILES  
     12.1. Key Players 
             12.1.1. ABB 
             12.1.2. AMETEK. Inc.
             12.1.3. Emerson Electric Co. 
             12.1.4. Siemens
             12.1.5. Thermo Fisher Scientific Inc.
             12.1.6. Baker Hughes Company
             12.1.7. Fuji Electric Co., Ltd.
             12.1.8. Honeywell International Inc.
             12.1.9. HORIBA, Ltd.
             12.1.10. SICK AG
             12.1.11. Spectris
             12.1.12. Teledyne Technologies Incorporated
     12.2. Other Players 
             12.2.1. Acoem
             12.2.2. CHEMTROLS INDUSTRIES PVT. LTD.
             12.2.3. CiSCO
             12.2.4. DURAG GROUP
             12.2.5. ENVEA
             12.2.6. Gasmet Technologies Oy
             12.2.7. HANGZHOU CHUNLAI TECHNOLOGY CO., LTD.
             12.2.8. Opsis AB
             12.2.9. Protea Ltd.
             12.2.10. Tecnova HT srl
             12.2.11. Trace
             12.2.12. TSI
 
13 Adjacent Market 
 
14 Appendix  
     14.1. Insights of Industry Experts  
     14.2. Discussion Guide 
     14.3. Knowledge Store: MarketsandMarkets’ Subscription Portal 
     14.4. Available Customizations 
     14.5. Related Reports 
     14.6. Author Details      
Note: This ToC is tentative and minor changes are possible as the study progresses.  
 

The study involved four major activities in estimating the current size of the emission monitoring system market. Exhaustive secondary research has been done to collect information on the market, peer, and parent markets. The next step has been to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches have been employed to estimate the total market size. After that, market breakdown and data triangulation methods were used to estimate the market size of segments and subsegments. Two sources of information—secondary and primary—have been used to identify and collect information for an extensive technical and commercial study of the emission monitoring system market.

Secondary Research

Secondary sources include company websites, magazines, industry news, associations, and databases (Factiva and Bloomberg). These secondary sources include annual reports, press releases, investor presentations of companies, white papers, certified publications, articles by recognized authors, regulatory bodies, trade directories, and databases.

Primary Research

Primary sources mainly consist of several experts from the core and related industries, along with preferred emission monitoring system providers, distributors, alliances, standards, and certification organizations related to various segments of this industry’s value chain.

In the primary research process, various primary sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information on the market. The primary sources from the supply side included various industry experts such as Chief Experience Officers (CXOs), Vice Presidents (VPs), and Directors from business development, marketing, product development/innovation teams, and related key executives from emission monitoring system providers, such as ABB (Switzerland), AMETEK. Inc. (US), Emerson Electric Co. (US), Siemens (Germany), and Thermo Fisher Scientific Inc. (US); research organizations, distributors, industry associations, and key opinion leaders. Following is the breakdown of primary respondents.

Emission Monitoring System Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the emission monitoring system market. These methods have also been used extensively to estimate the size of various subsegments in the market. The following research methodology has been used to estimate the market size:

  • Major players in the industry and markets have been identified through extensive secondary research.
  • The industry’s value chain and market size (in terms of value) have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Top-down Approach

In the top-down approach, the overall market size has been used to estimate the size of the individual market segments (mentioned in market segmentation) through percentage splits from secondary and primary research. For specific market segments, the size of the most appropriate immediate parent market has been used to implement the top-down approach. The bottom-up approach has also been implemented for data obtained from secondary research to validate the market size of various segments.

Emission Monitoring System Market: Top-down Approach

Emission Monitoring System Market Size, and Top-down Approach

Bottom-Up Approach

The bottom-up approach has been used to arrive at the overall size of the emission monitoring system market from the revenues of the key players and their market shares. Calculations based on revenues of key companies identified in the market led to the estimation of their overall market size.

Emission Monitoring System Market: Bottom-up Approach

Emission Monitoring System Market Size, and Bottom-Up Approach

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the overall market has been split into several segments and subsegments. The market breakdown and data triangulation procedures have been employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data has been triangulated by studying various factors and trends from both the demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.

Market Definition

An emission monitoring system (EMS) determines the concentrations of toxic gases or particulate matter emitted during industrial operations. It is used in industries such as power generation, oil & gas, pharmaceuticals, and chemicals. Emission monitoring systems should comply with emission standards imposed by organizations such as the United States Environmental Protection Agency (US EPA).

Key Stakeholders

  • Component manufacturers
  • Distributors and traders
  • End-user industries such as power generation, pharmaceuticals, and oil & gas
  • Government and research organizations
  • Original equipment manufacturers
  • EMS manufacturers and suppliers
  • Research institutions and organizations

Research Objectives

  • To define and forecast the emission monitoring system market regarding offering,  system type, and industry.
  • To describe and forecast the emission monitoring system market and its value segments for four regions—North America, Europe, Asia Pacific, and the Rest of the World (RoW), along with their respective countries.
  • To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
  • To strategically analyze micro-markets concerning individual growth trends, prospects, and contributions to the overall market
  • To study the complete value chain of the emission monitoring system market
  • To analyze opportunities in the market for stakeholders by identifying high-growth segments of the market
  • To strategically profile key players and comprehensively analyze their market position regarding ranking and core competencies, along with a detailed market competitive landscape.
  • To analyze strategic approaches such as agreements, collaborations, and partnerships in the emission monitoring system market
  • To provide an analysis of the recession impact on the growth of the market and its segments

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