Global Emission Monitoring System Market to reach USD 4.5 billion by 2025.
Global Emission Monitoring System Market valued approximately USD 2.0 billion in 2016 is anticipated to grow with a healthy growth rate of more than 9.5% over the forecast period 2017-2025. The key factors contributing the growth of global emission monitoring systems market are due to the Changing framework for businesses to meet quality requirements, stringent emission standards, and continuous improvement in mandatory reporting structure by various national and international environmental agencies in the market. The global initiatives to prevent climate change, growing awareness among governments to reduce environmental pollution and increasing global investment in environmental management, further accelerates the growth of global emission monitoring systems market.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
by System Type:
> Continuous Emission Monitoring System (CEMS)
> Predictive Emissions Monitoring System (PEMS)
by Offering:
> Hardware
> Software
> Services
by Industry:
> Power Plants & Combustion
> Oil & Gas
> Chemicals
> Petrochemicals, Refineries, & Fertilizers
> Others
By Regions:
> North America
o U.S.
o Canada
> Europe
o UK
o Germany
> Asia Pacific
o China
o India
o Japan
> Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2015
Base year - 2016
Forecast period - 2017 to 2025
Some of the key manufacturers involved in the market are ABB Ltd., Babcock & Wilcox Enterprises Inc., Sick AG, Siemens AG, Emerson Electric Co., AMETEK, Inc., Durag Group and Teledyne Technologies Inc., Rockwell Automation Inc., General Electric, Opsis, Thermo Fisher Scientific Inc., Beijing SDL Technology Co., Ltd., ALS Limited, Parker Hannifin Ltd, Buhler Technologies GmbH, M&C TechGroup, Horiba, Yokogawa Electric Corporation, Fuji electric, Servomex. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Emission Monitoring System in Market Study:
> Key Consulting Companies & Advisors
> Large, medium-sized, and small enterprises
> Venture capitalists
> Value-Added Resellers (VARs)
> Third-party knowledge providers
> Investment bankers
> Investors