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Emission Monitoring System Market 2022 : Report By Advance Technology, Business Demand, Growth And Forecast To 2031
The global emission monitoring system market report by the business research company identifies the growing demand from oil and gas and power generation industries is expected to be a major growth driver for the emission monitoring system market. Consumption of natural gas in India is expected to grow as it burns cleaner than fossil fuels and is easy to store. For instance, according to IBEF, an Indian Government export promotion agency, in the year 2020, crude oil production in India stood at 32.2 MMT. The production of crude oil was at 4.9 MMT in FY22 (April-May 2021) and was 30.5 MMT. India's consumption of petroleum products grew 4.5% to 213.69 MMT during FY20. Thus, increase in the consumption of oil and natural gas is predicted to increase the demand for the emission monitoring systems going forward.The global emission monitoring system market size is expected to grow from $2.82 billion in 2021 to $3.09 billion in 2022 at a compound annual growth rate (CAGR) of 9.6%. The emission monitoring systems market size is expected to grow to $4.47 billion in 2026 at a CAGR of 9.6%.
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North America was the largest region in the emission monitoring system market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the emission monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major players in the emission monitoring system market are Thermo Fisher Scientific Inc., Teledyne Technologies Inc., Rockwell Automation Inc., Siemens AG, General Electric Co., Emerson Electric Co., Ametek Inc., ABB Ltd., Environmental S.A., Opsis, Ecotech and Intertek.
The global emission monitoring system market is segmented -
1) By System Type: Continuous Emission Monitoring System (CEMS), Predictive Emission Monitoring System (PEMS)
2) By Component Outlook: Hardware, Software, Service
3) By Industry: Marine and Shipping, Mining, Metals, Pharmaceuticals, Pulp and Paper, Building Materials, Chemicals, Petrochemicals, Refineries and Fertilizers, Oil and Gas, Power Generation
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The Emission Monitoring System Market Report Contents Include
1. Executive Summary
2. Emission Monitoring System Market Characteristics
3. Emission Monitoring System Market Trends And Strategies
4. Impact Of COVID-19 On Emission Monitoring System
5. Emission Monitoring System Market Size And Growth
....
26. Africa Emission Monitoring System Market
27. Emission Monitoring System Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Emission Monitoring System Market
29. Emission Monitoring System Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the emission monitoring system market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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