Press release
Emission Monitoring System Market Trends, Business Analysis With GE, ABB, Horiba, Ecotech, AMETEK, Fuji Electric, Opsis AB, Emerson, CMC Solutions, Environnement SA, Siemens, Rockwell Automation, SICK AG, Teledyne Technologies, Thermo Fisher Scientific
Emission Monitoring System Market
While planning this emission monitoring system report, customer business skill is understood to identify tangible growth opportunities. Also, the strategic model around the growth objective is structured by investigators, with detailed route-to-market analysis, abilities to be leveraged and created, just as any potential pitfalls. The emission monitoring system market research report delivers a comprehensive analysis of the market structure along with the forecast of the diverse segments and sub-segments of the market. The emission monitoring system report considers an in-depth description, competitive scenario, wide product portfolio of key vendors and business strategy adopted by competitors along with their SWOT analysis and Porter's five force analysis.
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Emission monitoring systems are devices that are used for monitoring the emission and pollutions in the environment so that the correct guidelines for emission control. It monitors the various pollutant materials from the flue gas. They are currently employed as a standard for pollution control.
According to Centre for Science and Environment’s study conducted in 2015, Badarpur Power Plant situated in Delhi is the biggest polluting power plant all over India; the plant only contributed to around 8% of the demand for electric power but has been the cause of around 30-40% of polluted particles produced from the energy sector in Delhi.
Global Emission Monitoring System Market is set to rise from its initial estimated value of USD 2.35 billion in 2018 to an estimated value of USD 4.85 billion by 2026, registering a CAGR of 9.50% in the forecast period of 2019-2026. This anticipated rise in market value can be linked with growing concerns regarding the environmental conditions and effects the conditions have on human health. Few of the major competitors currently working in the emission monitoring system market are ABB, AMETEK Inc., Emerson Electric Co., GENERAL ELECTRIC, Siemens AG, PARKER HANNIFIN CORP, Rockwell Automation Inc., SICK AG, Teledyne Technologies Incorporated, Thermo Fisher Scientific, CMC Solutions, Environnement SA, Enviro Technology Services, Fuji Electric Co. Ltd., Horiba, Opsis AB, Ecotech, DURAG GROUP, Chemtrols Industries Pvt. Ltd., Babcock & Wilcox Enterprises Inc., M&C TechGroup, ALS Limited, Yokogawa Electric Corporation, Beijing SDL Technology Co. Ltd., Bühler Technologies GmbH, and Servomex
Market Drivers:
· Legal and environmental regulations set forth by the authorities in relation to the concerns of effects of environmental conditions on human health is expected to drive the market growth
· Awareness for the environment and increased usage of oil & gas industries driving the need for monitoring the emissions is expected to drive the market growth
Market Restraints:
· High cost of continuous emission monitoring system (CEMS) and its maintenance which is expected to act as a restraint to the market growth
· Market is fragmented with specialist suppliers dealing with special products and consumers; lack of innovation and high customization as per the needs of the consumer is expected to restrain the market growth
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Key Developments in the Market:
· In June 2018, The Central Pollution Control Board (CPCB) issued new guidelines for the selection of continuous emission monitoring system (CEMS) helping in the correct implementation of the system and guiding through the regulations
· In September 2017, Centre for Science and Environment in collaboration with various other organizations organized a conference in Delhi, India from September 26-28, 2017 discussing and effectively monitoring the pollution levels and industrial emissions in New Delhi.
Segmentation: Global Emission Monitoring System Market
· By System Type
o Continuous Emission Monitoring System (CEMS)
o Predictive Emission Monitoring System (PEMS)
· By Offering
o Hardware
· Gas Analyzer
· Gas Sampling System
· Flow & Opacity Monitors
· Sample Probe
· Sample Line
· Data Controller
· Filter
o Software
o Services
· Installation
· Training
· Maintenance
· By Industry
o Power Plants & Combustion
o Oil & Gas
o Chemicals
o Petrochemicals & Refineries
o Building Materials
o Pulp & Paper
o Pharmaceuticals
o Metalworking
o Mining
o Marine & Shipping
o Waste Incineration
· Geography
o North America
· US
· Canada
· Mexico
o South America
· Brazil
· Argentina
· Rest of South America
o Europe
· Germany
· France
· United Kingdom
· Italy
· Spain
· Russia
· Turkey
· Belgium
· Netherlands
· Switzerland
· Rest of Europe
o Asia-Pacific
· Japan
· China
· South Korea
· India
· Australia
· Singapore
· Malaysia
· Indonesia
· Thailand
· Philippines
· Rest of Asia-Pacific
o Middle East and Africa
· South Africa
· Egypt
· Saudi Arabia
· United Arab Emirates
· Israel
· Rest of Middle East and Africa
Competitive Analysis: Global Emission Monitoring System Market
Global emission monitoring system market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of emission monitoring system market for global, Europe, North America, Asia Pacific and South America.
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