The global emission monitoring system (EMS) market size is expected to reach USD 4.5 billion by 2027 from USD 3.0 billion in 2022, growing at a CAGR of 8.8%. The market growth is mainly attributed to 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 are the key driving factors for the EMS market.
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) are the key players in the EMS market. These top players have strong portfolios of products and services and presence in both mature and emerging markets.
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ABB is one of the leading engineering companies. It operates through four business segments: Electrification, Industrial Automation, Motion, and Robotics & Discrete Automation. It offers software and digital solutions; data center solutions; EV charging solutions; and robot, machine, and factory automation solutions. The company is an expert in analytical measurement devices and analyzers. ABB offers emission monitoring systems under its Industrial Automation business segment. This segment also provides a broad range of solutions, including integrated automation solutions, electrification and digital solutions, control technologies, software and advanced services, and measurement and analytics products and systems for process and hybrid industries. ABB has a vast product portfolio for emission monitoring systems with expertise in specific industrial sectors such as oil & gas, chemicals, and power generation.
AMETEK, Inc. is one of the leading manufacturers of monitors and analyzers for industrial infrared non-contact temperature measurement, combustion efficiency, and environmental pollutant emissions. It operates in two groups, namely, Electronic Instruments Group (EIG) and Electromechanical Group (EMG). The company serves industries such as steel, aluminum, specialty metals, glass, power generation, and minerals. It offers CEMS under the EIG segment. CEMS are sold under the brand name of Western Research, which is known for a wide range of standard and custom-built analyzers. The company has a strong R&D facility and focuses on continuous product launches with the latest technological advancements to be a leading player.
Emerson Electric Co. is a leading player in the EMS market. Emerson offers a wide array of industrial automation solutions to the process and manufacturing industries. It provides industrial automation solutions and products from the Automation Solutions business segment. It provides its products and services to various industries, such as automotive, oil & gas, chemicals, marine, and pulp and paper. The company offers heating, ventilation, air conditioning, and refrigeration (HVACR) systems; professional tools; and cold chain monitoring and food waste management solutions. It offers continuous emission monitoring systems under its Automation Solutions segment. It also provides valves; actuators; regulators; operations management, asset management, precision welding, and electrical components; and lighting, control, and safety systems. Emerson has achieved its position by strategically acquiring companies and expanding its offerings. Emerson operates in major markets such as North America, Europe, Asia Pacific, the Middle East, and Africa.
Emission Monitoring System (EMS) Market with COVID-19 Impact Analysis by System Type (CEMS, PEMS), Offering (Hardware, Software, Services), Industry (Power Generation, Oil & Gas, Chemicals, Petrochemicals) and Region - Global Forecast to 2027
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