Univdatos Whatsapp
Emission Monitoring System Market

North America to Witness the Highest Growth Due to Enforcement of Stringent Emission Norms and Standards

Emission Monitoring System (EMS) market is expected to exceed the market valuation of more than ~US$ 5 billion by 2027 expanding at a reasonable CAGR of around ~9% during the forecast period (2021-2027). Predictions were made earlier in the year as the pandemic was getting underway that CO2 emissions would be greatly reduced due to the enforced drop in economic activity and travel. As per Carbon Monitor, global emissions are down by 6.3%; this was surprising for many people that carbon emissions will fall to this extent in 2020. The largest contributor to this drop is the reduction in ground transport use – down by 15.9% on 2019 and accounting for roughly half of the overall decrease. Of the individual countries for which data has been published, Spain has shown the largest decrease compared to 2019, as of September 30.

For a detailed analysis of the Emission Monitoring System (EMS) Market browse throughhttps://univdatos.com/report/emission-monitoring-system-market/

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.

However, renewables are becoming the fastest-growing source of electricity production. Countries are making efforts to develop renewable energy sources, such as hydropower, offshore and onshore wind, solar photovoltaic, and bio energy. These renewable energy sources are increasingly being used due to their zero-carbon emission. Thus, to reduce CO2 emissions and local air pollution, the world needs to rapidly shift toward low-carbon sources of energy, such as nuclear and renewable technologies. Thus, hydro, solar, and wind power plants produce electricity with little or no emissions, thereby eliminating the requirement for the emission monitoring system and restraining market growth.

The sudden outbreak of the COVID-19 pandemic has impacted the predictive emission monitoring systems market both positively as well as negatively. The lockdown has restricted the industry’s production capabilities, which is affecting the market growth. In addition, the economic downturn following the pandemic has affected the organizations’ spending capabilities on research & development as well as technology integration, which is expected to hamper the market growth. However, the negative impact on the market is short-term. During the pandemic, EMSs have helped in monitoring and analyzing the environment quality effectively. Also, the pandemic has had a positive impact on the environment, the quality of air has improved drastically due to reduced pollution. The EMSs are used by various environment agencies to detect, monitor, and analyze pollution levels in the environment. Also, it has been observed that COVID-19 is a respiratory infection due to which maintaining the quality of air is of utmost importance to help the recovering as well as the recovered patients. This need also drives the demand for EMSs and is expected to have a positive impact on the market during the forecast period.

For a detailed analysis of the Offering in the Emission Monitoring System (EMS) Market browse through – https://univdatos.com/report/emission-monitoring-system-market/

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, workstation, 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.

Based on Vertical, the Emission Monitoring System (EMS) Market is segmented into Chemicals, Petrochemicals, Refineries and Fertilizers, Pharmaceuticals, Building Materials, Waste Incineration, Power Generation, and others. 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.

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.

Request for Sample of the report browse throughhttps://univdatos.com/get-a-free-sample-form-php/?product_id=14361

Additionally, the report provides detailed initiatives that are being taken in the field of Emission Monitoring System (EMS) globally. The report provides a detailed analysis of regions 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 in 2020, with XX% share.

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 make Emission Monitoring System (EMS) as cost-effective and as widely available as possible.

Emission Monitoring System (EMS) Market Segmentation

Market Insight, by Offering

  • Services
  • Software
  • Hardware

Market Insight, by Vertical

  • Chemicals, Petrochemicals, Refineries and Fertilizers
  • Pharmaceuticals
  • Building Materials
  • Waste Incineration
  • Power Generation
  • Others

Market Insight, by System

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

Market Insight, by Region

  • NORTH AMERICA EMISSION MONITORING SYSTEM (EMS)
    • United States
    • Canada
    • Rest of North America
  • EUROPE EMISSION MONITORING SYSTEM (EMS)
    • Germany
    • United Kingdom
    • France
    • Spain
    • Italy
    • Rest of Europe
  • ASIA-PACIFIC EMISSION MONITORING SYSTEM (EMS)
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • REST OF THE WORLD EMISSION MONITORING SYSTEM (EMS)

Top Company Profiles

  • Siemens AG
  • ABB Ltd.
  • General Electric
  • Emerson Electric Co.
  • Cisco Systems Inc.
  • Ametek Inc.
  • Parker Hannifin Corporation
  • Rockwell Automation
  • Sick AG
  • Thermo Fisher Scientific

Leave A Comment

Select Language