Emission Monitoring System (EMS) Market: Current Analysis and Forecast (2021-2027)
Emission Monitoring System (EMS) Market is expected to exceed the market valuation of more than ~US$ 5 billion in 2027 and is expected to grow at a significant CAGR of ~9% during the forecast period (2021-2027). A continuous emission monitoring system (CEMS) is the total equipment necessary for the determination of a gas or particulate matter concentration or emission rate using pollutant analyzer measurements and a conversion equation, graph, or computer program to produce results in units of the applicable emission limitation or standard. A predictive emission monitoring system (PEMS) is the total equipment necessary for the determination of a gas concentration or emission rate using process or control device operating parameter measurements and a conversion equation, a graph, or computer program to produce results in units of the applicable emission limitation or standard. Many environmental regulatory authorities around the world require manufacturing industries to keep track of pollutant emission rates using continuous emission monitoring systems (EMS or CEMS). CEMS is the traditional equipment used for continuous monitoring of emission and is approved/required by most authorities. As an alternative, authorities in many countries permit the use of predictive emission monitoring systems for certain applications in lieu of an installed CEMS.
The key factors influencing the market growth is the reduction of coal burning power plants. Burnt coal releases a number of airborne toxins and pollutants, such as lead, mercury, sulphur dioxide, nitrogen oxides, particulates and various other heavy metals. These pollutants are known to cause a wide range of health effects that includes asthma and breathing difficult, brain damage, heart problems, neurological disorders, cancer, and premature death. The emission monitoring system determines the concentration of toxic gases or particulate matter emitted from industrial operations and ensures that the emissions that industry is permitted to release are not exceeding the permissible limit.
Siemens AG, ABB Ltd., General Electric, Emerson Electric Co., Cisco Systems Inc., Ametek Inc., Parker Hannifin Corporation, Rockwell Automation, Sick AG, and Thermo Fisher Scientific are some of the prominent players operating in the Emission Monitoring System (EMS) market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
“Amongst Offering, Hardware segment holds the major share”
Based on Offering, the Emission Monitoring System (EMS) Market is segmented into Services, Software, and Hardware. Hardware segment comprises components such as gas sensor, sample probe, opacity and flow monitors, enclosure, hardware mount, gas analyzer, work-station, and data collection system, among others. The requirement of hardware components in an EMS is determined by its type. For instance, CEMS are highly dependent on hardware for operations compared to software based PEMS.
“Amongst Vertical, Power Generation Segment holds the major share”
Based on Vertical, the Emission Monitoring System (EMS) Market is segmented into Chemicals, Petrochemicals, Refineries and Fertilizers, Pharmaceuticals, Building Materials, Waste Incineration, and Power Generation. The combustion process in power generation inevitably generates emissions of toxic gases and particulate matter. Accurate monitoring allows you to demonstrate that your process remains within the allowed emissions limits, minimizing the risks to human health and to the wider environment.
“Amongst System, Continuous Emission Monitoring System (CEMS) segment holds the major share”
Based on System, the Emission Monitoring System (EMS) Market is segmented into Predictive Emission Monitoring System (PEMS) and Continuous Emission Monitoring System (CEMS). Continuous emission monitoring or CEM for short is a method of monitoring the emissions from the smokestacks of industrial sites such as power stations, manufacturing plants and other facilities where combustion of fuel sources is in occurrence. It is a legal requirement in many countries around the world, including the UK, the EU and the USA.
“North America represents one of the largest markets of Emission Monitoring System (EMS) market”
For a better understanding of the market dynamics of the Emission Monitoring System (EMS) market, a detailed analysis was conducted for different regions across India including North America (US, Canada, Rest of North America), Europe (Germany, UK, France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific), Rest of World. North America dominated the market and grabbed around XX% market share owing to increasing awareness of the disease in the region.
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