According to a market report by Lucintel, the future of the emission monitoring system market looks promising with opportunities in various end use industries, such as power generation, oil & gas, chemicals, petrochemicals, refineries, & fertilizers, building materials, pulp & paper, pharmaceuticals, metals, mining, marine & shipping, and waste incineration. The global emission monitoring system market is expected to grow with a CAGR of 6% from 2021 to 2026. The major drivers for this market are increasing demand from oil and gas and power generation industries, growing need for environmental protection, and high dependency of countries on coal-fired power plants to generate electricity.
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In this market, continuous emission monitoring system (CEMS) and predictive emission monitoring system (PEMS) are the two types of emission monitoring system used in a wide range of industries. Continuous emission monitoring system will remain the largest segment due to growing number of rules and regulations regarding pollution monitoring across industries.
Within the emission monitoring system market, hardware will remain the largest offering segment during the forecast period due to its usage in both CEMS and PEMS to collect emission data.
Asia Pacific will remain the largest region during the forecast period due to increasing power generation and chemical use industries.
ABB, AMETEK, Emerson, General Electric, Siemens, Parker Hannfin, Rockwell Automation, SICK, Teledyne Technologies, Thermo Fisher, CMC Solutions, and Environmental S.A. are among the major emission monitoring system manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global emission monitoring system market by system type, end use industry, offering, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Emission Monitoring System Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global emission monitoring system market by system type, end use industry, offering, and region as follows:
By System Type [$M shipment analysis for 2015 – 2026]:
Continuous Emission Monitoring System (CEMS)
Predictive Emission Monitoring System (PEMS)
By End Use Industry [$M shipment analysis for 2015 – 2026]:
Power Generation
Oil & Gas
Chemicals, Petrochemicals, Refineries, & Fertilizers
Building Materials
Pulp & Paper
Pharmaceuticals
Metals
Mining
Marine & Shipping
Waste Incineration
By Offering [$M shipment analysis for 2015 – 2026]:
Hardware
Software
Services
By Region [$M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This more than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
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