Emission Monitoring System (EMS) Market: Current Analysis and Forecast (2021-2027)

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Offering (Services, Software, Hardware); Vertical (Chemicals, Petrochemicals, Refineries and Fertilizers, Pharmaceuticals, Building Materials, Waste Incineration, Power Generation, and others); System (Predictive Emission Monitoring System (PEMS), Continuous Emission Monitoring System (CEMS)); Region and Country

Published:

Dec-2021

Pages:

219

Table:

38

Figure:

114

Report ID:

UMTI21623

Geography:

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Report Description
Table of content
Research Methodology

Report Description

Emission Monitoring System 2
Emission Monitoring System 2

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.

People Living in Countries with Over NAAQs Recommended Air Quality Levels (Number), 2020

Emission Monitoring System 3
Emission Monitoring System 3

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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  • The study includes market sizing and forecasting analysis validated by authenticated key industry experts
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  • The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments
  • Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry
  • The study comprehensively covers the market across different segments
  • Deep dive regional level analysis of the industry

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1.1.Market Definitions
1.2.Limitation
1.3.Stake Holders
1.4.Currency used in Report

 

2.1.Research Process of the Emission Monitoring System (EMS) Market
2.2.Research Methodology of the Emission Monitoring System (EMS) Market
2.3.Forecasting Method
2.4.Respondent Profile
2.5.Main Objective of the Emission Monitoring System (EMS) Market Study

 

3MARKET SYNOPSIS (INDUSTRY AT A GLANCE)

 

4EXECUTIVE SUMMARY

 

5EMISSION MONITORING SYSTEM (EMS) MARKET COVID-19 IMPACT

 

6EMISSION MONITORING SYSTEM (EMS) MARKET REVENUE (USD BN), 2019-2027F

 

7.1.Services
7.2.Software
7.3.Hardware

 

8.1.Chemicals, Petrochemicals, Refineries and Fertilizers
8.2.Pharmaceuticals
8.3.Building Materials
8.4.Waste Incineration
8.5.Power Generation
8.6.Others

 

9.1.Predictive Emission Monitoring System (PEMS)
9.2.Continuous Emission Monitoring System (CEMS)

 

10.1.NORTH AMERICA EMISSION MONITORING SYSTEM (EMS)
 10.1.1.United States
 10.1.2.Canada
 10.1.3.Rest of North America
10.2.EUROPE EMISSION MONITORING SYSTEM (EMS)
 10.2.1.Germany
 10.2.2.United Kingdom
 10.2.3.France
 10.2.4.Spain
 10.2.5.Italy
 10.2.6.Rest of Europe
10.3.ASIA-PACIFIC EMISSION MONITORING SYSTEM (EMS)
 10.3.1.China
 10.3.2.Japan
 10.3.3.India
 10.3.4.Aurstralia
 10.3.5.Rest of Asia-Pacific
10.4.REST OF THE WORLD EMISSION MONITORING SYSTEM (EMS)

 

11.1.Drivers
11.2.Challenges
11.3.Impact Analysis

 

12EMISSION MONITORING SYSTEM (EMS) MARKET OPPORTUNITIES

 

13EMISSION MONITORING SYSTEM (EMS) MARKET TRENDS

 

14LEGAL AND REGULATORY FRAMEWORK

 

15.1.Demand Side Analysis
15.2.Supply Side Analysis
 15.2.1.Top Product Launches
 15.2.2.Top Business Partnerships
 15.2.3.Top Business Expansions, Investments and Divestitures
 15.2.4. Top Merger and Acquisitions

 

16VALUE CHAIN ANALYSIS
17.1.Competitive Landscape
 17.1.1.Company Shares, By Revenue

 

18.1.Siemens AG
18.2.ABB Ltd.
18.3.General Electric
18.4.Emerson Electric Co.
18.5.Cisco Systems Inc.
18.6.Ametek Inc.
18.7.Parker Hannifin Corporation
18.8.Rockwell Automation
18.9.Sick AG
18.10.Thermo Fisher Scientific

 

19DISCLAIMER

 

Research Methodology

Analyzing the historical market, estimation of the current market, and forecasting the future market of the Emission Monitoring System (EMS) market were the three major steps undertaken to create and analyze the adoption of Emission Monitoring System (EMS) in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the Emission Monitoring System (EMS) market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the Emission Monitoring System (EMS) through company internal sources such as annual report & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the Emission Monitoring System (EMS) market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments included in the report as Offering, Vertical, and System. Further country-level analyses were conducted to evaluate the overall adoption of Emission Monitoring System (EMS) in that region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of Emission Monitoring System (EMS). Further, we conducted factor analysis using dependent and independent variables such as increased awareness about CO2 emissions with Emission Monitoring System (EMS). A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, merger and acquisition, business expansion, and product launches in the Emission Monitoring System (EMS) sector across the globe.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the Emission Monitoring System (EMS) market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., top-down/bottom-up approach was applied to arrive at the market forecast about 2027 for different segments and sub segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

  • The industry’s market size, in terms of value (US$) and the adoption rate of Emission Monitoring System (EMS) across the major markets domestically
  • All percentage shares, splits, and breakdowns of market segments and sub-segments
  • Key players in the Emission Monitoring System (EMS) market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Emission Monitoring System 1
Emission Monitoring System 1

Market Engineering

Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers of each segment and sub-segment of the Emission Monitoring System (EMS) market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of type and their type of the Emission Monitoring System (EMS) market.

The main objective of the Emission Monitoring System (EMS) Market Study

The current & future market trends of Emission Monitoring System (EMS) were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. Current and future market trends were determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit as a first-mover advantage. Other quantitative goals of the studies include:

  • Analyze the current and forecast market size of Emission Monitoring System (EMS) in terms of value (US$). Also, analyze the current and forecast market size of different segments and sub-segments
  • Segments in the study include areas of type and their subtypes
  • Define and analysis of the regulatory framework for the Emission Monitoring System (EMS) industry
  • Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry
  • Analyze the current and forecast market size of the Emission Monitoring System (EMS) market for the major region
  • Major regions studied in the report include 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.
  • Company profiles of the Emission Monitoring System (EMS) market and the growth strategies adopted by the market players to sustain in the fast-growing market
  • Deep dive regional level analysis of the industry