The emission monitoring systems market was valued at US$3.061 billion in 2017 and is projected to expand at a CAGR of 8.41% over the forecast period to reach US$4.971 billion by 2023. The increasing importance to meet the emission compliance and the improvement in the frequency and data reporting process is significantly driving the emission monitoring system market. Moreover, the stringent regulation and the growth of oil and mining industry has also contributed to the growth of the market.

Research Methodology

The report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segments which have been covered as part of the report.

Market Dynamics

This section provides comprehensive market dynamics through an overview section along with growth drivers, challenges and opportunities which exist in the current market. This section of the report also provides industry regulation as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of emission monitoring system. Complete industry analysis has also been covered through Porter’s five forces model as a part of this report section.

Segmentation

Segments covered under the emission monitoring systems market report are as below:

By Type
CEMS (Continuous Emission Monitoring System)
PEMS (Predictive Emission Monitoring System)
By Component
Hardware
Software
Service
By Vertical
Oil & Gas
Cement
Chemical
Pulp & Paper
Others
By Geography
Americas
North America
South America
Europe Middle East and Africa
Europe
Middle East and Africa
Asia Pacific

Key industry players profiled as part of this report are Rockwell Automation, ABB Ltd., Horiba Ltd., Emerson Electric, Siemens AG, General Electric, and Enviro Technology Services Plc.