Emissions Monitoring Systems Market

Emissions Monitoring Market Size Survey Report – In a Glance

As per the survey report on global Emissions Monitoring Systems Market, the market is projected to foresee a CAGR of 10.3% between 2024-2033, and further generate a market size of USD 9.8 billion revenue by the end of 2033. In the year 2023, the market size was valued at USD 3.7 billion revenue.

• The global Emissions Monitoring Systems Market is projected to grow on account of stringent laws and ordinances for pollution control & emission.
• In Japan, the launch of greenhouse emission treatment projects can be attributed to the increased innovation in the VRF technology.
• KDMI analyst’s growth analysis foresees high maintenance cost related to emission tracking system to challenge the market growth.
• North America, having the highest market share in the Emissions Monitoring Systems Market, is projected to dominate the global market.

Emissions Monitoring Systems Market Analysis

A constant emission monitoring system is the total equipment required for the determination of particulate matter concentration or release rate by applying pollutant analyzer measurements and an alteration equation graph or computer database to generate results in elements of the appropriate emission restriction or standard. Around 30% of the United States greenhouse releases are from industry, and it includes indirect releases from the industry’s electricity ingesting. Industrial air releases need severe scrutiny and the execution of monitoring technologies. Environmental Protection Agency tracks the releases by establishment of strict emission standards for hydrocarbons, carbon monoxide, nitrogen oxides and particulate matter. The Clean Air Act needs the EPA to track hazardous air pollutants from large industrial amenities referred to as significant sources in 2 stages. The act directs the EPA to evaluate the remaining health hazards from each origin category to ascertain if the MACT standards safeguard public health with plenty of margin of safety and safeguard against negative environmental impact. In 2019, China’s industrial added worth reached USD 4.36 billion, among which the added value of manufacturing topped the world in both growth and volume. New policy announcements indicate that the Chinese central government is placing more legal emphasis on clean energy and environmental policies in 2024; one such instance is renewable energy certificates and carbon offsets, which focus on long-running conflicts regarding how two markets are incorporated. The increasing emphasis on forming stringent laws and ordinances for pollution control & emission is the primary growth factor for the growth of emissions monitoring systems market size. ABB, Siemens and Honeywell International are some of the significant parties in the global market for emissions monitoring systems.

Analyst’s Observation on Japan Emissions Monitoring Systems Market Survey

Singapore and Japan have introduced the second stage of a project which targets to advance and roll out monitor & report mechanisms for greenhouse gas release in industry amenities across the ASEAN member states. The National Environment Agency supervises the project in alliance with the Japan Overseas Environmental Cooperation Centre with funding assistance from the Japanese government with the funding from Japan-ASEAN integration. The alliance is the segment of a scheme termed the Partnership to Strengthen Transparency for Co-Innovation by Japan’s Environment Ministry. The scheme targets to collaborate businesses with local administration to plan tools and incentives to operate towards minimizing carbon emissions in the long term. Such collaborative projects are primary growth drivers of the Japanese emissions monitoring systems market size. HORIBA and ENVEA are some of the significant parties in the global market for Emissions Monitoring Systems.

Emissions Monitoring Systems Market Growth Driver

Integration with emerging technologies:

Technological advancements in data analytics, sensor technologies and incorporation with emerging technologies such as the Internet of Things lead to constant growth of EMS solutions. Emission Monitoring System (IoT-VGEMS) is proposed to track and control the minimization of gas releases. The total operations are classified into two parts: the transmission part and the receiving part. Technological advancement has highly improved the capacities of CEMS, the launch of enhanced data processing, sophisticated sensors and automation transformed these mechanisms into high-precision tools. CODEL incorporated these inventions, integrating real-time evaluations, powerful information processors and mechanical standardization to maintain consistent precision and minimize manual involvement. The growing technological advancement and incorporation of EMS with emerging technologies is one of the primary growth drivers propelling the growth of the Japanese EMS market size.

Emissions Monitoring Systems Market Segmentation

Our experts at KD Market Insights have segmented the global Emissions Monitoring Systems Market research report as:

Emissions Monitoring Systems Market Regional Synopsis

North America dominates the emissions monitoring system market due to the presence of advanced industrial infrastructure. Oil-fired, waste incinerators, coal-fired, cement plants and waste incinerators are forced to constantly track, restrict and submit constant records of their releases to the resident environmental control agencies. The BIL states that USD 1.2 trillion of federal funds towards energy, transportation and climate infrastructure schemes, most of which are delivered by local and state governments. Further, the increasing investment of the United States government in clean technology is another reason for the growth of the emission monitoring systems market in the region. In the 2nd half of 2022 and the 1st half of 2024, real private and public investment in clean technology infrastructure amounted to USD 493 billion, a 71% increase from the 2 years before the signing of the Inflation Reduction Act.

Emissions Monitoring Systems Market Competitive Landscape

Some of the key players who top the global Emissions Monitoring Systems Market share:

• ABB
• Siemens
• Honeywell International
• Thermo Fisher Scientific
• Emerson Electric
• Yokogawa Electric Corporation
• Endress+Hauser
• Mettler Toledo
• Testo SE & Co. KGaA
• Horiba Instruments Incorporated

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global Emissions Monitoring System Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Component
      2. By System Type
      3. By Technology
      4. By End-User industry
      5. By Region
5. Market Segmentation by Component
   1. Hardware
   2. Software
   3. Services
   4. Others
6. Market Segmentation by System Type
   1. Continuous
   2. Portable
   3. Predictive
   4. Others
7. Market Segmentation by Technology
   1. Gas Analyzer
   2. Opacity and Particulate Matter Monitors
   3. Data Acquisition and Handling Systems
   4. Rail & Air Transportation
   5. Others
8. Market Segmentation by End-User Industry
   1. Residential
   2. Power Generation
   3. Oil & Gas
   4. Chemicals
   5. Petrochemicals
   6. Refineries And Fertilizers,
   7. Building Materials
   8. Pulp and Paper
   9. Pharmaceuticals
   10. Metals
   11. Mining
   12. Marine and Shopping
   13. Waste Incineration
   14. Others
9. Regional Analysis
   1. North America
      1. United States
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
      2. Canada
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
      3. Mexico
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
   2. Europe
      1. United Kingdom
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
      2. Germany
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
      3. France
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
      4. Italy
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
      5. Spain
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
      6. Rest of Europe
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
   3. Asia Pacific
      1. China
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
      2. Japan
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
      3. India
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
      4. Australia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
      5. South Korea
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
      6. Rest of Asia Pacific
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
   4. Latin America
      1. Brazil
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
      2. Argentina
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
      3. Colombia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
      4. Rest of Latin America
         1. Market Size and Forecast
         2. Key Trends and Developments
         3.               Market Analysis by Component, System Type, Technology and End-User Industry
   5. Middle East & Africa
      1. South Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
      2. Saudi Arabia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
      3. UAE
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
      4. Rest of Middle East & Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, System Type, Technology and End-User Industry
10. Competitive Landscape
    1. Market Share Analysis
    2. Company Profiles
       1. ABB
       2. Siemens
       3. Honeywell International
       4. Thermo Fisher Scientific
       5. Emerson Electric
       6. Yokogawa Electric Corporation
       7. Endress+Hauser
       8. Mettler Toledo
       9. Testo SE & Co. KGaA
       10. Horiba Instruments Incorporated
       11. Others
11. Strategic Recommendations
12. Appendix
    1. List of Tables
    2. List of Figures
13. References