Emission Monitoring Systems Market By Component (Hardware, Software, Services), System Type (Continuous, Portable, Predictive), Technology (Gas Analyzer, Opacity And Particulate Matter Monitors, Data Acquisition And Handling Systems), End-User Industry (Power Generation, Oil & Gas, Chemicals, Petrochemicals, Refineries And Fertilizers, Building Materials, Pulp And Paper, Pharmaceuticals, Metals, Mining, Marine And Shopping, Waste Incineration), & Region for 2024-2031
Report ID: 27266|No. of Pages: 202
Emission Monitoring Systems Market By Component (Hardware, Software, Services), System Type (Continuous, Portable, Predictive), Technology (Gas Analyzer, Opacity And Particulate Matter Monitors, Data Acquisition And Handling Systems), End-User Industry (Power Generation, Oil & Gas, Chemicals, Petrochemicals, Refineries And Fertilizers, Building Materials, Pulp And Paper, Pharmaceuticals, Metals, Mining, Marine And Shopping, Waste Incineration), & Region for 2024-2031
Emission Monitoring Systems Market Valuation – 2024-2031
The increasing factor driving the growth of the emission monitoring systems market is the stringent regulatory frameworks imposed by governments worldwide to combat air pollution and ensure environmental protection. As countries implement more rigorous emission standards for industries and vehicles, the demand for advanced emission monitoring systems rises to comply with these regulations. The need for emission monitoring systems is surpassing USD 5.62 Billion in 2024 and reaching USD 11.62 Billion by 2031.
Additionally, the growing awareness of climate change and the need for sustainable practices are pushing industries to adopt more effective monitoring technologies. Technological advancements, such as the integration of artificial intelligence and data analytics in emission monitoring systems, are also contributing to market growth by enhancing the accuracy and efficiency of emissions tracking and management. These factors contribute to the increasing use of emission monitoring systems in a variety of industries is expected to grow at a CAGR of 10.50% about from 2024 to 2031.
Emission Monitoring Systems Market: Definition/ Overview
Emission monitoring systems are advanced technologies designed to measure and analyze pollutants released into the atmosphere from various sources, including industrial processes, vehicles, and power plants. These systems are employed to ensure compliance with environmental regulations, assess air quality, and implement strategies to reduce emissions. They typically consist of sensors, analyzers, and data management tools that provide real-time monitoring and reporting of emissions, including gases like carbon dioxide, nitrogen oxides, and particulate matter. The future of emission monitoring systems is poised for significant advancements with the integration of emerging technologies such as artificial intelligence, machine learning, and IoT. These innovations will enhance the precision, efficiency, and automation of emissions monitoring, supporting global efforts to achieve stricter environmental standards and combat climate change.
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Will Stringent Regulatory Frameworks Imposed by Government is Propelling the Emission Monitoring Systems Market?
The stringent regulatory frameworks imposed by governments worldwide are indeed propelling the emission monitoring systems market. Governments are increasingly enforcing stricter environmental regulations to combat air pollution and mitigate climate change. The European Union’s Green Deal aims to reduce greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels, creating a strong demand for advanced emission monitoring technologies. Similarly, in the United States, the Environmental Protection Agency (EPA) has introduced regulations such as the Clean Air Act, which mandates comprehensive emission reporting and control measures for industries and vehicles.
Governments are also investing in infrastructure to support emissions monitoring, further fueling market expansion. The U.S. Department of Energy allocated USD 1.6 billion in 2023 to improve environmental monitoring and reporting technologies. This financial support is expected to drive technological advancements and market growth. Additionally, new regulations, such as the European Union’s Emission Trading Scheme (ETS), which sets a cap on emissions and requires accurate monitoring and reporting, are compelling industries to adopt state-of-the-art emission monitoring systems. The combination of stringent regulations and government investments is creating a robust market environment for emission monitoring technologies, ensuring their critical role in environmental protection and compliance.
Will High Implementation Cost Hamper the Growth of the Emission Monitoring Systems Market?
High implementation costs can indeed hinder the growth of the emission monitoring systems market. The initial investment required for sophisticated equipment and installation is substantial, which can be a barrier for smaller companies or those in industries with limited budgets. This high upfront cost may deter businesses from adopting advanced monitoring systems, particularly if they are uncertain about the return on investment or face financial constraints.
Additionally, the ongoing costs for maintenance, calibration, and compliance with regulatory updates contribute to the overall financial burden. These expenses can be particularly challenging for companies operating in regions with stringent environmental regulations. As a result, the high costs associated with emission monitoring systems can slow market growth by limiting adoption among smaller players and those struggling with budget constraints.
Category-Wise Acumens
Will Providing Ongoing Measurements of Emissions Boost the Emission Monitoring Systems Market?
Providing ongoing measurements of emissions significantly boosts the emission monitoring systems market. Continuous emission monitoring systems (CEMS) offer real-time data on pollutants, which is crucial for industries to comply with stringent environmental regulations. By ensuring constant monitoring, companies can quickly identify and address any deviations from permissible emission levels, thus avoiding potential fines and maintaining operational efficiency. This real-time capability supports regulatory compliance and helps in minimizing environmental impact, driving the demand for these systems.
Moreover, ongoing measurements allow for better data analysis and management. This continuous flow of information enables industries to optimize processes, reduce emissions, and enhance overall sustainability efforts. The increased emphasis on environmental stewardship and regulatory adherence across various sectors, including power generation and manufacturing, further propels the market for emission monitoring systems, as businesses seek solutions to maintain compliance and improve their environmental performance.
Portable emission monitoring systems are the fastest-growing segment in the market. Their rapid growth can be attributed to their flexibility and cost-effectiveness. Portable systems are increasingly favored for their ability to be used in various locations for short-term monitoring or in scenarios where continuous monitoring systems are not feasible. They are particularly useful for smaller operations, field testing, and compliance checks where mobility and ease of use are critical.
Will Extensive Use of Gas Analyzers Fuel the Emission Monitoring Systems Market?
Extensive use of gas analyzers is expected to significantly fuel the emission monitoring systems market. Gas analyzers are essential for measuring and monitoring emissions of various gases, including carbon dioxide, nitrogen oxides, and sulfur dioxide, which are critical for meeting environmental regulations and standards. As industries face stricter environmental regulations and a growing emphasis on reducing greenhouse gas emissions, the demand for accurate and reliable gas analyzers is increasing, driving the market’s growth.
Moreover, the continuous advancement in gas analyzer technology, such as improved accuracy, real-time monitoring capabilities, and integration with digital systems, is further propelling market expansion. Governments and regulatory bodies are increasingly mandating the use of sophisticated gas analyzers for emissions reporting and compliance, which boosts their adoption across various sectors, including industrial, energy, and automotive industries. This trend supports the overall growth of the emission monitoring systems market.
Data Acquisition and Handling Systems are the fastest-growing segment. This growth is driven by the increasing need for advanced data management solutions that can handle large volumes of emission data and provide comprehensive analytics.
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Country/Region-wise
Will Advanced Industrial Infrastructure in North America Drive the Expansion of The Emission Monitoring Systems Market?
North America’s advanced industrial infrastructure significantly propels the expansion of the emission monitoring systems market. The region’s well-established industries, coupled with stringent environmental regulations such as the Clean Air Act, drive high demand for sophisticated emission monitoring technologies. The U.S. Environmental Protection Agency (EPA) reported that over 70% of large industrial facilities in the U.S. are now equipped with advanced emission monitoring systems, reflecting a robust regulatory push and infrastructure readiness that fuel market growth.
Moreover, North America’s investment in clean technology and environmental compliance is substantial. According to the U.S. Department of Energy, the country has allocated approximately $1 billion annually towards enhancing environmental monitoring and reducing industrial emissions. This financial commitment supports the development and deployment of state-of-the-art emission monitoring systems, reinforcing the region’s dominance and accelerating market expansion.
Will Increasing Regulatory Measures in Asia Pacific Propel the Emission Monitoring Systems Market?
Increasing regulatory measures in the Asia Pacific region are significantly propelling the emission monitoring systems market. Governments in key countries, including China and India, have introduced stringent regulations to combat pollution and improve air quality. China’s Ministry of Ecology and Environment reported a 25% increase in the implementation of air quality monitoring systems across industrial sectors in 2023. This regulatory focus is driving demand for advanced emission monitoring technologies to ensure compliance and reduce environmental impact.
Additionally, the Indian government has set ambitious targets under its National Clean Air Programme (NCAP), aiming to reduce particulate matter by 20-30% by 2024. According to the Indian Ministry of Environment, Forest, and Climate Change, there has been a 30% increase in government funding for emission monitoring and control technologies over the past two years. This financial support and regulatory pressure are accelerating the adoption of emission monitoring systems, making Asia Pacific one of the fastest-growing regions in this market.
Competitive Landscape
The competitive landscape of the emission monitoring systems market is characterized by a dynamic and evolving environment. Companies in this sector are focused on advancing technology to meet stringent regulatory requirements and address the growing demand for accurate and reliable emission data. Key strategies include innovation in sensor technologies, integration of advanced data analytics, and enhancement of product features to provide comprehensive monitoring solutions.
Some of the prominent players operating in the emission monitoring systems market include:
- ABB
- Siemens
- Honeywell International
- Thermo Fisher Scientific
- Emerson Electric
- Yokogawa Electric Corporation
- Endress+Hauser
- Mettler Toledo
- Testo SE & Co. KGaA
- Horiba Instruments Incorporated
- GE Measurement & Control Solutions
- Teledyne Technologies Incorporated
- AMS
- Durag Group
- Bureau Veritas
- TÜV SÜD
- SGS
- Skytron
- CFA Technologies Inc.
- Control Instruments Corporation.
Latest Developments
- In August 2024 ABB introduced its latest emission monitoring system, the ABB Ability™ EMON, which features enhanced real-time data analytics and predictive maintenance capabilities. The system aims to provide more accurate emissions data and improve regulatory compliance for industrial operations.
- In July 2024 Siemens unveiled a new emission measurement technology that integrates advanced sensors and AI-driven analytics. This system is designed to offer more precise emissions tracking and reporting, helping industries meet stringent environmental regulations and optimize operational efficiency.
- In June 2024 Emerson expanded its emission monitoring solutions with the launch of the Rosemount™ 9900 Series, which includes enhanced features for continuous emissions monitoring. The system supports various industries, including power generation and petrochemicals, with improved accuracy and reliability.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2021-2031 |
| Growth Rate | CAGR of ~10.50% from 2024 to 2031 |
| Base Year for Valuation | 2024 |
| Historical Period | 2021-2023 |
| Forecast Period | 2024-2031 |
| Quantitative Units | Value in USD Billion |
| Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
| Segments Covered |
|
| Regions Covered |
|
| Key Players | ABB, Siemens, Honeywell International, Thermo Fisher Scientific, Emerson Electric, Yokogawa Electric Corporation, Endress+Hauser, Mettler Toledo, Testo SE & Co. KGaA, Horiba Instruments Incorporated, GE Measurement & Control Solutions, Teledyne Technologies Incorporated, AMS, Durag Group, Bureau Veritas, TÜV SÜD, SGS, Skytron, CFA Technologies Inc., Control Instruments Corporation. |
| Customization | Report customization along with purchase available upon request. |
Emission Monitoring Systems Market, By Category
Component:
- Hardware
- Software
- Services
System Type:
- Continuous Emission Monitoring Systems
- Portable Emission Monitoring Systems
- Predictive Emission Monitoring Systems
Technology:
- Gas Analyzer Technologies
- Opacity and Particulate Matter Monitors
- Data Acquisition and Handling Systems
End-User Industry:
- Power Generation
- Oil & Gas
- Chemicals
- Petrochemicals
- Refineries & Fertilizers
- Building Materials
- Pulp & Paper
- Pharmaceuticals
- Metals
- Mining
- Marine & Shipping
- Waste Incineration
Region:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Research Methodology of Verified Market Research:
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
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Frequently Asked Questions
1 INTRODUCTION OF GLOBAL EMISSION MONITORING SYSTEMS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
2.1 Data mining
2.2 Secondary research
2.3 Primary research
2.4 Subject matter expert advice
2.5 Quality check
2.6 Final review
2.7 Data Triangulation
2.8 Bottom-up approach
2.9 Top-down approach
2.10 Research flow
2.11 Data sources
3 EXECUTIVE SUMMARY
3.1 Overview
3.2 Absolute $ Opportunity
3.3 Market attractiveness
3.4 Future Market Opportunities
4 GLOBAL EMISSION MONITORING SYSTEMS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL EMISSION MONITORING SYSTEMS MARKET, BY COMPONENT
5.1 Overview
5.2 Hardware
5.3 Software
5.4 Services
6 GLOBAL EMISSION MONITORING SYSTEMS MARKET, BY SYSTEM TYPE
6.1 Overview
6.2 Continuous Emission Monitoring Systems
6.3 Portable Emission Monitoring Systems
6.4 Predictive Emission Monitoring Systems
7 GLOBAL EMISSION MONITORING SYSTEMS MARKET, BY TECHNOLOGY
7.1 Overview
7.2 Gas Analyzer Technologies
7.3 Opacity and Particulate Matter Monitors
7.4 Data Acquisition and Handling Systems
8 GLOBAL EMISSION MONITORING SYSTEMS MARKET, BY END-USER INDUSTRY
8.1 Overview
8.2 Power Generation
8.3 Oil & Gas
8.4 Chemicals
8.5 Petrochemicals
8.6 Refineries & Fertilizers
8.7 Building Materials
8.8 Pulp & Paper
8.9 Pharmaceuticals
8.10 Metals
8.11 Mining
8.12 Marine & Shipping
8.13 Waste Incineration
8.14 Others
9 GLOBAL EMISSION MONITORING SYSTEMS MARKET, BY GEOGRAPHY
9.1 Overview
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Rest of the World
9.5.1 Latin America
9.5.2 Middle East and Africa
10 GLOBAL EMISSION MONITORING SYSTEMS MARKET COMPETITIVE LANDSCAPE
10.1 Overview
10.2 Company Market Ranking
10.3 Key Development Strategies
10.4 Company Regional Footprint
10.5 Company Industry Footprint
10.6 ACE Matrix
11 COMPANY PROFILES
11.1 ABB
11.1.1 Company Overview
11.1.2 Company Insights
11.1.3 Business Breakdown
11.1.4 Product Benchmarking
11.1.5 Key Developments
11.1.6 Winning Imperatives
11.1.7 Current Focus & Strategies
11.1.8 Threat from Competition
11.1.9 SWOT Analysis
11.2 Emerson Electric
11.2.1 Company Overview
11.2.2 Company Insights
11.2.3 Business Breakdown
11.2.4 Product Benchmarking
11.2.5 Key Developments
11.2.6 Winning Imperatives
11.2.7 Current Focus & Strategies
11.2.8 Threat from Competition
11.2.9 SWOT Analysis
11.3 Siemens
11.3.1 Company Overview
11.3.2 Company Insights
11.3.3 Business Breakdown
11.3.4 Product Benchmarking
11.3.5 Key Developments
11.3.6 Winning Imperatives
11.3.7 Current Focus & Strategies
11.3.8 Threat from Competition
11.3.9 SWOT Analysis
11.4 Honeywell International
11.4.1 Company Overview
11.4.2 Company Insights
11.4.3 Business Breakdown
11.4.4 Product Benchmarking
11.4.5 Key Developments
11.4.6 Winning Imperatives
11.4.7 Current Focus & Strategies
11.4.8 Threat from Competition
11.4.9 SWOT Analysis
11.5 Thermo Fisher Scientific
11.5.1 Company Overview
11.5.2 Company Insights
11.5.3 Business Breakdown
11.5.4 Product Benchmarking
11.5.5 Key Developments
11.5.6 Winning Imperatives
11.5.7 Current Focus & Strategies
11.5.8 Threat from Competition
11.5.9 SWOT Analysis
11.6 Yokogawa Electric Corporation
11.6.1 Company Overview
11.6.2 Company Insights
11.6.3 Business Breakdown
11.6.4 Product Benchmarking
11.6.5 Key Developments
11.6.6 Winning Imperatives
11.6.7 Current Focus & Strategies
11.6.8 Threat from Competition
11.6.9 SWOT Analysis
11.7 Endress+Hauser
11.7.1 Company Overview
11.7.2 Company Insights
11.7.3 Business Breakdown
11.7.4 Product Benchmarking
11.7.5 Key Developments
11.7.6 Winning Imperatives
11.7.7 Current Focus & Strategies
11.7.8 Threat from Competition
11.7.9 SWOT Analysis
11.8 Mettler Toledo
11.8.1 Company Overview
11.8.2 Company Insights
11.8.3 Business Breakdown
11.8.4 Product Benchmarking
11.8.5 Key Developments
11.8.6 Winning Imperatives
11.8.7 Current Focus & Strategies
11.8.8 Threat from Competition
11.8.9 SWOT Analysis
11.9 Testo SE & Co. KGaA
11.9.1 Company Overview
11.9.2 Company Insights
11.9.3 Business Breakdown
11.9.4 Product Benchmarking
11.9.5 Key Developments
11.9.6 Winning Imperatives
11.9.7 Current Focus & Strategies
11.9.8 Threat from Competition
11.9.9 SWOT Analysis
11.10 Horiba Instruments Incorporated
11.10.1 Company Overview
11.10.2 Company Insights
11.10.3 Business Breakdown
11.10.4 Product Benchmarking
11.10.5 Key Developments
11.10.6 Winning Imperatives
11.10.7 Current Focus & Strategies
11.10.8 Threat from Competition
11.10.9 SWOT Analysis
12 KEY DEVELOPMENTS
12.1 Product Launches/Developments
12.2 Mergers and Acquisitions
12.3 Business Expansions
12.4 Partnerships and Collaborations
13 APPENDIX
13.1 Related Research
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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| Supplier side |
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| Demand side |
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Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
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The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
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Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
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- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
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We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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