Emission Monitoring System Market Business Opportunities, Supply Chain, Challenges by 2023

The Emission Monitoring System Market was valued at USD 2.95 billion in 2017 and is expected to reach USD 5.37 billion by 2023 at a CAGR of 11%.

Many industrial plants use these monitoring systems. The systems are useful for monitoring industrial emissions. Emission monitoring systems have many parts. Some of these include gas analyzers, filters, and software systems. Each part of the emission system plays a vital role in recording the data

Emission monitoring systems are in demand in many nations mainly because of strict regulations that many governments have imposed regarding emissions from industrial plants.

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Segment Overview

By system type

This segment can be grouped into the following sub-segments:

  • Continuous Emission Monitoring Systems (CEMS)
  • Predictive Emissions Monitoring Systems (PEMS)

By Offering

This segment can be grouped into the following sub-segments

  • Hardware
  • Software
  • Service

By Industry

This segment can be grouped into the following sub-segments

  • Power Generation
  • Oil & Gas
  • Chemicals, Petrochemicals, Refineries, and Fertilizers
  • Building Materials
  • Pulp and Paper
  • Pharmaceuticals
  • Metals
  • Mining
  • Marine and Shipping
  • Waste Incineration

Regional analysis

The emission monitoring systems market can be grouped into the following geographic regions:

  • North America
  • The European Union
  • Asia-Pacific
  • The Rest of the World

Emission monitoring systems are in immense demand in the Asia-Pacific region. The reason is that there is a large concentration of industries that use coal to generate power. Many power generation plants also use coal to generate electrical energy.

India and China, especially, have a large number of coal-powered industrial units. Since coal is highly polluting, the Indian and Chinese governments have mandated that these industrial plants use emission monitoring systems to gauge and control particulate emissions.

Hence, the Asia-Pacific region is expected to register one of the highest regional CAGRs for the global emission monitoring systems market for the time period that this report covers. The same is true for market share.

The European Union has a strong and developed IT sector. Therefore, many components needed for IT infrastructure are manufactured in this region. Since this industrial activity releases polluting particulates into the atmosphere, there is a growing need for emission monitoring systems in this part of the world.

The European Union is also a prime area for data center facilities. These also tend to pollute. Therefore, this presents a growing need for emission monitoring systems.

Many governments in developing nations in the rest of the world have seen an increased demand for emission monitoring systems. The reason is that the air and atmospheric systems are declining rapidly in these regions. Therefore, there is a growing need for systems to monitor and control the amount of polluting particles that industries release into the atmosphere.

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Industry news

  • Ametek is a major player in the global emission monitoring systems market. It recently (in 2019) launched a continuous emission monitoring system. The purpose of the system is to monitor the amount of polluting particles that industrial smokestacks and ducts emit regularly. The push for cleaner air has prompted the company to roll out this new and innovative product.
  • Kyushyu University students recently developed a continuous seismic monitoring system two years ago. Its emerging technology whose goal is to monitor the changes in the Earth’s energy which store carbon energy - a key component in geothermal energy generation.

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