Emission Monitoring System Market is Segmented By Type (Continuous Emission Monitoring System (CEMS), Predictive Emission Monitoring System (PEMS), By Component (Hardware, Software, Service, Installation & Deployment, Training, Support & Maintenance), By End-User (Power Generation, Building Materials, Pulp & Paper, Oil & Gas, Chemicals, Petrochemicals, Refineries, & Fertilizers, Pharmaceuticals, Marine & Shipping, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) ā Share, Size, Outlook, and Opportunity Analysis, 2024-2031
Emission Monitoring System Market Size
Emission monitoring system market size is expected to growing at a CAGR of 9.10% during the forecast period 2024-2031. Growing end-user industry coupled with strict government regulations has increased the demand for emission monitoring systems in the region.
Emission monitoring analyzes the environmental effects of harmful emissions to assist organizations in achieving long-term sustainability goals. Emission monitoring services ensure that production has a low environmental impact and complies with environmental regulations.
Many government environmental regulatory authorities keep track of pollutant emission rates by industrial industries throughout the world to implement emission monitoring systems. It includes information on combustion control, emission rates, environmental contaminants, and the monetarization of flue gases like oxygen, carbon monoxide, and carbon dioxide.
Emission monitoring systems are composed of various components that measure gas or particulate matter concentrations and the rate at which specific pollutants are emitted. It features a built-in data-collecting system that can track moisture, temperature, flue gas opacity, and airflow. Chemicals, fertilizers, oil and gas, and other industries use the technology.
Emission Monitoring Market Scope
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Metrics |
Details |
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Market CAGR |
9.10% |
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Segments Covered |
By Type, By Component, By End-User, and By Region |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
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Fastest Growing Region |
Asia Pacific |
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Largest Market Share |
North America |
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Emission Monitoring System Market Dynamics
Growing stringent emission norms and regulations to combat climate change has amplified the demand for emission monitoring systems globally
In North America, Europe, and Asia-Pacific, government rules and standards focus on continuously monitoring and reporting emissions from the oil and gas, power generation, metals, and mining industries. For instance, a coal-burning power plant is a thermal power plant that generates energy from coal. As per the Carbon Brief, in 2020, coal generated nearly 40% of the worldās electricity. Similarly, as per the Coal Association of Canada, in 2020, the country produced nearly 62 million tons of coal, with 51% being thermal coal used for electricity generation.
Mercury, lead, sulfur dioxide, nitrogen oxides, particulates, and other heavy metals are all released into the air when coal is burned. Asthma and respiratory problems, brain damage, heart problems, cancer, neurological diseases, and early mortality are all possible side effects of exposure to these contaminants. These contaminants can harm the lungs, kidneys, respiratory, neurological systems, and other organs. Thus, some regulatory bodies have made continuous or preventive emission monitoring systems necessary to keep track of pollutant emission rates.
Regulatory authorities now effectively monitor dangerous chemical discharge and assure compliance with regulatory criteria due to Emission Monitoring Systems (EMS). Quality assurance procedures in Appendix F of 40 CFR 60 are used in the U.S. to evaluate the effectiveness of Quality Assurance (QA) and Quality Control (QC) procedures, as well as the quality of data generated by Continuous Emission Monitoring Systems (CEMS), used to determine compliance with emission standards.
Similarly, the Monitoring Certification Scheme (MCERTS) of the Environment Agency in the UK verifies adherence to European Directives governing industrial emissions, equipment, monitoring data, and staff. Europe has enforced severe emission restrictions and strongly supports the Kyoto Protocol, a global agreement to reduce greenhouse gas emissions.
The growing shift towards clean energy has reduced the demand for emission monitoring systems, thus hampering the market growth for the product
Renewable energy is quickly becoming the fastest-growing source of electricity. Renewable energy sources such as solar photovoltaic, hydropower, offshore and onshore wind, and biomass are being developed by countries. Because of their zero-carbon emissions, these renewable energy sources are becoming more popular.
Several variables influence renewable energy sources; the most important is the link between global warming and carbon dioxide (CO2) emissions from fossil fuel combustion. During the projection period, concerns about reducing greenhouse gas emissions, an increase in the search for energy security, resistance to traditional nuclear power, and a lack of progress in the application of nuclear power are likely to drive demand for geothermal power.
As per the International Energy Agency 2021, renewables accounted for about 29 percent of worldwide electricity output in 2020, with solar photovoltaic (PV) technology dominating. As a result, the world is swiftly transiting to low-carbon energy sources, such as nuclear and renewable technologies, to reduce CO2 emissions and local air pollution. However, emission monitoring systems are not required because hydro, solar, and wind power plants produce electricity with little or no emissions.
COVID-19 Impact on Emission Monitoring System Market
With the onset of the COVID-19 crisis in 2019, the world experienced health and economic effects. The virus's global spread resulted in the closure of several manufacturing sites and a temporary halt in company operations. The COVID-19 pandemic has significantly impacted major end-user industries, such as oil and gas, with oil prices falling.
In 2020, a big gap between supply and demand arose due to a significant drop in demand for oil and gas due to various limitations placed by governments around the world. EMS is also used by the power generation, chemicals, petrochemicals, refineries, and fertilizer sectors. Due to the global pandemic, demand for these industries has also decreased.
However, the rising vaccination drive across the globe is expected to rebuild the market momentum for the end-user of emission monitoring systems in the forecast period. Tremendously improving demand from the energy and power sector and the chemicals industry is expected to gradually boost the EMS market for these end-user sectors from 2022 to 2028.
Emission Monitoring System Market Segmentation Analysis
The global emission monitoring system market is segmented by type, component, end-user, and region.
PEMS is highly accurate and estimates the most prevalent air pollutant emissions at a cheaper cost
The global emission monitoring system market is segmented into continuous emission monitoring systems (CEMS) and predictive emission monitoring systems (PEMS) based on type. Out of the two mentioned types, the predictive emission monitoring system (PEMS) holds a significant market share in the global emission monitoring system. PEMS is a software-based system that employs mathematical or statistical models based on past processes and emission data from plant control systems and existing EMS. PEMS is accurate and costs approximately half as much to install and maintain.
Furthermore, PEMS offers plant owners and operators improved cost control by ignoring unexpected costs caused by faults in traditional hardware analyzers. PEMS uses sophisticated mathematical models that employ process characteristics (such as pressure, temperature, and flow) as input variables to estimate the most prevalent air pollutant emissions (e.g., NOx, SO2, CO, CO2, etc.).
One of the first regulatory bodies to allow the usage of PEMS was U.S. Environmental Protection Agency (EPA). Due to regulatory permission, EMS producers focus on producing accurate PEMS as a cost-effective alternative to CEMS. Because of governmental approvals, the PEMS segment is expected to grow faster in North America.
Furthermore, various key players are investing in PEMS technology to bring the latest product to the market. For instance, Baker Hughes announced the System 1 Predictive Emission Monitoring System (PEMS) in February 2020, which estimates the stack emissions produced by combustion equipment based on ambient circumstances, fuel mix, and machine operating parameters.
Emission Monitoring System Market Geographical Share
Growing end-user industry coupled with strict government regulations has increased the demand for emission monitoring systems in the region
Asia-Pacific is expected to hold the highest share of the EMS market in the forecast period. China and India have the highest market share in the Asia-Pacific's EMS industry growth due to developing power generation and chemicals sectors, both significant users of pollution monitoring systems. Furthermore, the expanding capacity of coal-fired power plants is driving the demand for pollution monitoring systems.
Furthermore, Due to severe monitoring and air quality standards in India and China, Asia-Pacific is predicted to develop significantly over the projection period. In 2018, to simplify pollution-related legislation, the Chinese government named the Ministry of Environmental Protection (MEP) the Ministry of Ecology and Environment (MEE). After reconstitution, the MEE in June 2018 announced plans to implement special restrictions on industrial units in 80 cities. These limitations are currently only in effect in 28 cities.
Emission Monitoring System Companies and Competitive Landscape
The global emission monitoring system market is highly competitive with local and global key players. Key players contributing to the market's growth are Baker Hughes, Siemens AG, ABB Ltd, AMETEK, Inc, Emerson Electric Company, Parker-Hannifin, Rockwell Automation, SICK, Teledyne Technologies, Inc, Thermo Fisher Scientific Inc, among others.
The major companies are adopting several growth strategies such as product launches, acquisitions, and collaborations, contributing to the global growth of the emission monitoring system market.
ā¢ In October 2021, ENVEA launched Mercury CEMS (SM-5). The product allows continuous, accurate, and reliable measurement of very low mercury concentrations in flue gas emissions.
ā¢ In September 2021, Emerson introduced the Rosemount XE10 CEMS. It is aimed to aid industrial operations in complying with increasingly stringent environmental rules and growing sustainability requirements.
ABB Ltd:
Overview: ABB Ltd manufactures and sells electrification, robotics and motion, industrial automation, and power grid products. The company's Electrification Products segment provides modular substation packages, distribution automation products, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures, cabling systems, and intelligent home and building solutions. The companyās Robotics and Motion segment offers robotics, motors, generators, drives, wind converters, components, and systems for railways and related services, and digital services for industrial applications, transportation, infrastructure, and utilities.
Product Portfolio: EasyLine EL3000: EasyLine is a versatile and cost-effective line of instruments for measuring gas concentrations in various applications. In one housing, up to two analyzer modules can be combined to test up to five different gases continuously.
Key Development:
ā¢ In October 2021, ABB launched ABB Ability Genix Datalyzer, a cloud-based data analytics solution. It allows fleet-wide control and optimization of emissions monitoring equipment in cement, steel, chemicals, and power generation industries.
