Emission Monitoring System Market worth $5.0 billion by 2028 - Exclusive Report by MarketsandMarkets™

CHICAGO, Nov. 27, 2023 /PRNewswire/ -- 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 according to a new report by MarketsandMarkets™. Many industries, including power generation, cement, oil & gas, and chemicals, release harmful or toxic gases into the environment. These gases, including sulfur oxides (Sox), nitrogen oxides (NOx), carbon monoxide (CO), carbon dioxide (CO2), and ammonia (NH?), have a negative impact on human health and the overall ecosystem.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=72002872

Browse in-depth TOC on "Emission Monitoring System Market" 
147 – Tables
66 – Figures
205 – Pages

Emission Monitoring System Market Report Scope:

 The gases contribute to climate change, ozone depletion, and acidification, and deposition of nitrogen compounds, which can destabilize the social structure of affected regions. For this reason, many countries have implemented regulations that require continuous monitoring and measurement of actual emission levels.

The market for services segment is expected to gain a significant market share during the forecast period.

Emission monitoring systems require periodic maintenance and software upgrades once installed at a plant. A company hires trained service providers to install, operate, and maintain an emission monitoring system. Services include installation, training, and maintenance. The manufacturers and third-party providers of EMS can offer these services. Some of the companies that are offering these installation, training, and maintenance services to their customers include Siemens (Germany), Emerson Electric Co. (US), ABB (Switzerland), SICK AG (Germany), Baker Hughes Company (US), Opsis AB (Sweden), and Teledyne Technologies Incorporated (US).

Continuous emission monitoring systems are expected to hold a substantial market share during the forecast period.

Standards related to emissions set by various government organizations, such as the US Environmental Protection Agency (US EPA), are prompting companies to adopt emission monitoring systems to track emission levels. CEMS are used in industries such as power generation, chemicals, and oil & gas. There are two methods of gas sampling techniques used by CEMS—in-situ and extractive. Some companies offering CEMS are ABB (Switzerland), AMETEK. Inc. (US), Emerson Electric Co. (US), Siemens (Germany), SICK AG (Germany), Thermo Fisher Scientific Inc. (US), Fuji Electric Co., Ltd. (Japan), and HORIBA, Ltd. (Japan). CEMcaptain GAA610-M offered by ABB is an advanced gas monitoring system, which is mainly designed for marine applications.

Building materials industry segment to grow at an impressive CAGR during the forecast period.

The building materials industry comprises cement and glass factories. Cement production emits a considerable volume of dust and dry waste that contaminates the environment. It also emits gaseous compounds, such as NOx, SO2, CO, CO2, H2O, HCl, HF, NH3, CH4, and Hg. Hence, the installation of CEMS at these plants helps to optimize cement production processes with the help of CEMS data and reduce emissions. For example, CEMS data can be used to adjust the fuel-to-air ratio in the kiln to reduce NOx emissions. Additionally, cement plants produce a significant amount of dust and other pollutants. CEMS can help cement plants reduce their environmental impact by monitoring and controlling their emissions. Various authorities, such as TÜV, US EPA, and China's Ministry of Ecology and Environment, have set guidelines and product certifications for emission monitoring systems used in the building materials industry.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=72002872

North America is expected to hold a significant market share of the emission monitoring system industry during the forecast period.

The US is a developed country with large-scale manufacturing industries, such as aerospace, automobile, oil & gas, and power generation. A strong industrial base and stringent regulations for process industries and emission monitoring are some of the key factors driving the demand for emission monitoring solutions across the US. The chemicals industry in the US serves both domestic and sizable international markets and is the major industry that contributes to the country's economy. The country is also one of the major producers and consumers of energy. Oil production processes need emission monitoring. In the oil & gas industry, the country is one of the largest oil and gas producers.

The key players in the emission monitoring system companies include AMETEK. Inc. (US), Emerson Electric Co. (US), Thermo Fisher Scientific Inc. (US), Baker Hughes Company (US), Teledyne Technologies Incorporated (US) and others.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=72002872

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

Smart Sensors Market by Type (Temperature & Humidity Sensors, Pressure Sensor, Touch Sensor, Motion & Occupancy Sensors, Water Sensor, Image Sensor), Technology, End-user Industry and Region – 2027

Particulate Matter Monitoring Market by Type (Indoor Monitoring, Outdoor Monitoring), Technology (Light Scattering, Beta-Attenuation, Gravimetric, Opacity), Particle Size (PM1, PM2.5, PM4, PM10), Application and Region - Global Forecast to 2027

Flue Gas Analyzer Market by Installation Type (Inline, Portable), Technology (Electrochemical, Paramagnetic, Zirconia, Infrared), Gas Component (COx, NOx, SOx), Application (Oil & Gas, Waste Incineration), and Geography - Global Forecast to 2023

Acoustic Wave Sensor Market by Type (Surface Acoustic Wave, Bulk Acoustic Wave), Device (Resonator, Delay Line), Sensing Parameter (Temperature, Pressure, Humidity), Vertical (Military, Automotive, Industrial) and Geography - Global Forecast to 2023

Flare Monitoring Market by Mounting Method (In Process-Mass Spectrometers, Gas Chromatographs, Gas Analyzers; Remote-IR Imagers, MSIR Imagers), Industry (Refineries, Petrochemical, Onshore Oil & Gas Production Sites), & Geography - Global Forecast to 2023

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/emission-monitoring-systems-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/emission-monitoring-systems.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

SOURCE MarketsandMarkets