Emission Monitoring Systems Market Size, Sector / Industry Report & Analysis 2020, & Forecast 2021-2026 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global Emission Monitoring Systems Market


The global Emission Monitoring Systems market size is projected to reach US$ 4.86 billion by 2026, from US$ 2.96 billion in 2020, at a CAGR of 8.6% during 2021-2026. Growing demand from oil and gas and power generation industries is anticipated to emerge as a major growth driver. Stringent government regulations regarding deployment of the Emission Monitoring System (EMS) in the upstream and downstream oil and gas industry segments to analyze harmful gas emissions and air quality is driving the global demand.

The environmental regulatory authorities require industries to track pollutant emissions using EMS. It enables companies to determine gas concentration or emission level for various air pollutants. These systems are deployed to monitor and measure multiple environmental pollutants such as Nitrogen dioxide (NOx), Sulfur Dioxide (SO2), Carbon Monoxide (CO), Carbon Dioxide (CO2), Hydrogen Chloride (HCI), Ammonia (NH3), Hydrogen Fluoride (HF), Mercury (Hg), Methane (CH4), Sulphur Hexafluoride (SF6), and Total Organic Carbon (TOC), among others.

Apart from measuring and monitoring emissions, EMS also helps companies to effectively report and reduce harmful emissions and air polluting gases. The manufacturers also assist customers in custom designing, installation, calibration, validation, and periodic maintenance. Some of the system manufacturers are working on integrating Artificial Intelligence (AI) to reduce the release of harmful materials. For instance, ABB Ltd. has developed an empirical model to predict plant emission concentrations in advance on the basis on process data.

Government regulations and standards focus on continuous monitoring and reporting of emissions from oil and gas, power generation, and metals and mining industries in North America, Europe, and Asia Pacific. Adoption of EMS has enabled regulatory agencies to effectively monitor harmful chemical release and ensure adherence to regulatory standards. In U.S., quality assurance procedures in Appendix F to 40 CFR 60 are used to assess the effectiveness of Quality Assurance (QA) and Quality Control (QC) procedures and the quality of data generated by a Continuous Emission Monitoring Systems (CEMS) used for determining compliance with the emission standards.

Similarly, Environment Agencys Monitoring Certification Scheme (MCERTS) in U.K. ensures adherence to compliance with European Directives regulating industrial emissions, equipment, monitoring data, and personnel. Europe has imposed strict emission limits and actively supports the Kyoto Protocol, an international treaty for reducing greenhouse gases.

The energy demand in Asia Pacific is expected to witness a rapid increase owing to growing economic activities, thus, creating an opportunity for manufacturers to expand their operations in the untapped markets. The rapid growth of crude oil and natural gas transportation infrastructure as well as power generation facilities is also anticipated to play a pivotal role in driving the regional demand.

Market Segmentation, Outlook & Viewpoint: Global Emission Monitoring Systems Market

Component Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

Hardware

Software

Service

  
Installation & Deployment
  
Training
  
Support & Maintenance

Type Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  
CEMS
  
PEMS

End Use Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2025)

  
Oil & Gas
  
Metals & Mining
  
Power Generation
  
Chemical & Fertilizer
  
Pulp & Paper
  
Pharmaceutical
  
Others

Key Players, Recent Developments & Regional Insights: Global Emission Monitoring Systems Market

On the basis of end use, the market is classified into oil and gas, metals and mining, power generation, chemical and fertilizer, pulp and paper, and pharmaceutical, among others. Oil and gas accounted for a significant market share in 2018 and is expected to emerge as the fastest-growing segment over the forecast period.

EMS is majorly deployed in the oil and gas industry to measure and minimize hazardous chemicals such as sulfur dioxide (SO2) and methane (CH4) and to gather the data required for reporting emissions to government regulatory agencies such the Industrial Emissions Directive (IED) by the European parliament and the council on industrial emissions and Clean Air Act by the EPA in U.S.

Apart from the stringent environmental regulations, increased concerns and awareness about environmental and personal health protection are the major factors driving the adoption of EMS. Rapid industrial development and energy demand are the major factors leading causes of greenhouse gas emissions. Hence, the implementation of EMS in oil and gas and power plants is being mandated by various governments to control the release of greenhouse gases and pollutants.

Regional Insights

North America led the market in 2018 owing to its well-established and clearly-defined regulations for controlling emissions. North America accounts for the highest number of deployments of EMS. However, the share of new deployments in the region is expected to marginally decline over the forecast period owing to saturation of the market. Furthermore, North America and Europe are relatively mature markets and thus, the CEMS are expected to be used in the form of replacements or upgrades.

Asia Pacific is expected to witness significant growth over the forecast period owing to the introduction of stringent monitoring and air quality regulations in India and China. In March 2018, the Chinese government reconstituted the Ministry of Environmental Protection (MEP) as the Ministry of Ecology and Environment (MEE) to consolidate pollution related regulations. After reconstitution, the MEE in June 2018 announced plans for implementing special restrictions on industrial units in 80 cities. Presently, these restrictions are limited to 28 cities.

Emission Monitoring Systems Market Share Insights

The key players operating in the EMS market include ABB Ltd.; Ametek, Inc.; Emerson Electric Company; General Electric Company; Enviro Technology Services Plc.; Horiba Ltd.; Fuji Electric Co., Ltd.; Rockwell Automation, Inc.; Siemens AG; and Thermo Fisher Scientific Inc.; among others. The players are making huge investments in R&D projects and establishing production infrastructure to develop and offer PEMS.
ABB Ltd., Rockwell Automation, and General Electric Company have a strong market presence owing to the availability of well-established R&D department and production facilities. The companies primarily focus on product innovation and possess a well-established global network of partners in multiple countries such as U.S., Germany, India, and Brazil.
The leading manufacturers have launched highly flexible and advanced systems to work in harsh environmental conditions. For instance, ABB Ltd. has introduced a new smart EMS for specifically developed for marine applications and for installation board of vessels and off-shore oil and gas drilling rigs. Another company, Thermo Fisher Scientific Inc. has developed Fourier transform infrared (FTIR) technology, which enables a user to simultaneously analyze up to 10 gases.

Key Insights Covered: Global Emission Monitoring Systems Market
1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Emission Monitoring Systems industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Emission Monitoring Systems industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Emission Monitoring Systems industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Emission Monitoring Systems industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Emission Monitoring Systems industry.

Research Methodology: Global Emission Monitoring Systems Market

  
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other