Emission Monitoring Systems Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Market Overview

The Emission Monitoring Systems Market is expected to grow at a CAGR of 8.5% over the forecast period (2021-2026). The major factors that are driving the growth of the market include stringent legal and environmental regulations made by governments across the globe, increasing health and safety issues, increasing awareness about environmental protection, and growing usage of oil & gas and petrochemicals.

• The emission monitoring system measures various gases in the air such as carbon dioxide, nitrogen, mercury, sulfur dioxide, carbon monoxide, and hexavalent chromium. In the continuous type system, the analyzer is primarily used to measure the gases emitted, whereas the software component of the system enables the users to evaluate the results of the applicable emission. The predictive type system uses modeling software for calculating the emission rate, which is based on the control device operating parameters and it enables the user to predict the emission levels.
• The use of these emission monitoring systems to comply with the emission standards created by the government is one of the major considerations from the perspective of market growth. For instance, the United States Environmental Protection Agency has rolled out multiple federal programs to monitor emissions in the region. Moreover, the continuous collection of emission data by state authorities has given a thrust to the market.
• Different regulations are adopted by various governments to control emissions from industrial activities, which is boosting the market. For instance, the Department of Environment, Malaysia, deployed the Environmental Quality Act 1974 and Clean Air Regulation 2014, which has Regulation 7 Air Pollution Control System and Regulation 9 – Performance Monitoring of Air Pollution Control System, to control air pollution. All these factors are forcing the government to use emissions monitoring systems.
• With the recent COVID-19 outbreak, the emissions monitoring systems are playing a crucial role in monitoring the air quality and providing necessary information during this pandemic, as COVID-19 is an infectious respiratory disease, and the air quality affects respiratory health. On April 22nd, 2020, the data analytics company, EMSOL, was working with Network Rail to monitor air quality in train stations and implement a strategy to lower the pollution around them. The project mostly benefits patients recovering from COVID-19, as well as people with respiratory issues, who are exposed to poor air quality in busy areas.

Scope of the Report

Emission monitoring systems are used to monitor various gases, such as oxygen, carbon monoxide, and carbon dioxide, to furnish adequate information for combustion control in the industrial environment. These systems are a means to adhere to air emission standards, followed by various regulatory bodies across the world.

The report covers various type of emissions monitoring systems, ranging from hardware, software, and services that are used by different end users across various geographies.

Report scope can be customized per your requirements. Click here.

Key Market Trends

Oil & Gas Segment is Expected to Witness Significant Growth

• The EPA’s air pollution and clean air act have set a limit on the in-stack emission of pollutant concentrations at the point of release for various industries such as power plants, oil & gas, and building materials are thereby required to maintain their emission monitoring standards on a continual basis to have an operating license. Under the EPA regulations, the implementation of a CEMS is required for continuous compliance determination or the determination of exceedance of set standards.
• The rapid growth of the crude oil and natural gas infrastructure across the globe, as well as several power generation facilities, is also expected to play a crucial role in driving the demand for these systems over the forecast period.
• Emission monitoring systems are primarily deployed in the oil and gas industry to measure and minimize the emission of hazardous chemicals such as methane, carbon dioxide, and sulfur dioxide among others and to gather the required data for reporting emissions release to government regulatory agencies such as the industrial emissions directive (IED) by the European Parliament and the Council on industrial emissions and clean air act by the EPA in United States.

To understand key trends, Download Sample Report