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Emission Monitoring Systems Market by System Type, Offering, Industry And Region - Global Forecast to 2025

Emission Monitoring Systems Market: Global Forecast until 2025

  • May 2018
  • 157 pages
  • ID: 3435669
In this report:
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According to Petroleum Association of Japan (PAJ), as of October 2016, Japan had a crude oil refining capacity of ##.## million barrels per day, making it the fourth-largest oil refinery in the world.


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Emission monitoring systems market anticipated to exhibit a significant increase between 2018 and 2025

The emission monitoring systems market was estimated at ~$2.4B in 2018 and is forecasted to reach ~$4.4B by 2025, at a compound annual growth rate (CAGR) of 9.30 percent between 2018 and 2025. Key factors driving the increase of the market contain stringent legal and environmental regulations, rised appreciation about environmental protection, growing health and safety issues, and increasing use of oil & gas and petrochemicals. Nevertheless, the high cost of maintenance of CEMS and fragmented market with many specialist suppliers are main restraining factors for the market increase.

PEMS market to exhibit high increase potential during the outlook period

The PEMS market is anticipated to rise at the maximal CAGR (Compound annual growth rate) between 2018 and 2025.Key driving factors for the increase ot the PEMS market are that it is a cost-effective reliable system and incurs lower operational and maintenance costs compared with CEMS.

PEMS does not require on-site emergency services.

Emission monitoring systems market for services forecasted to grow at the maximal compound annual growth rate (CAGR) during the estimate period"

The emission monitoring systems market for services is forecasted to grow at the highest CAGR (Compound annual growth rate) between 2018 and 2025.Services including installation, maintenance, and training are required after the purchase of CEMS and PEMS.

As well, the continuous development of hardware and software leads to the requirement of training and upgrade of the system.

Asia-Pac to be the quickest developing market for emission monitoring systems during the outlook period

The industry in the APAC is anticipated to grow at the highest compound annual growth rate (CAGR) between 2018 and 2023.The rise is assigned to huge industrial market and strict emission regulations imposed by the government of China.

Additionally, India (IN) is the quickest-increasing country in Asia-Pacific, focuses on addressing environmental issues and improving its environmental policies. Different exhibitions including Fugitive Emissions Summit China 2018, Argus Ethanol China 2018, Argus China and Global Oil 2018, and CIEPEC 2017 (15th China International Environmental Protection Exhibition & Conference) aim at integrating the community of end users, distributors, manufacturers, and providers.

Distribution of profile of primary members taking part for the analysis as given below:

• By Company category - Tier 1 - 48.0 percent, Tier 2 - 34.0 percent, and Tier 3 - 18.0 percent

• By Description - C-suite - 47.0 percent, D-level - 32.0 percent, and Grade of manager - 21.0 percent

• By Region -North America - 31.0 percent, EU - 22.0 percent, Asia-Pac - 42.0 percent, RoW - 5.0 percent

Key competitors in the sector contain ABB, AMETEK, Emerson, General Electric (NYSE:GE), Siemens, Parker Hannifin, Rockwell Automation (NYSE:ROK), SICK, Teledyne Technologies, and Thermo Fisher.

Segment Research

This overall emission monitoring systems market is clasified on the basis of system type, offering, sector, and area.The EMS market is detached into two system types, that is, continuous emission monitoring system and predictive emissions monitoring systems.

The emission monitoring systems market based on offerings has been split into hardware, software, and services.The sectors that are included in study contain power plants & combustion, oil & gas, chemicals, petrochemicals, refineries, & fertilizers, building materials, pulp & paper, pharmaceuticals, metal, mining, marine & shipping, and waste incineration.

Moreover, the emission monitoring systems market has been divided into four regions, that is, North America continent, Europe (EU), Asia Pacific (APAC), and Rest of the globe.

Why acquiring this study can help you:

• Illustrative segmentation, review, and estimate for industries established on system type, offering, market, and area has been conducted to give an global view of emission monitoring systems market.

• The value chain study has been performed to provide a detailed insight into the emission monitoring systems market.

• Major drivers, market restraints, alternatives, and opportunities for the emission monitoring systems market have been precised in this industry report.

• The report includes an exhaustive competitive analysis together with top players, complete study, and revenue of main actors.

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