DUBLIN--(BUSINESS WIRE)--The "Emission Monitoring Systems Market by System Type (CEMS, PEMS), Offering (Hardware, Software, Services), Industry (Power Plants & Combustion, Oil & Gas, Chemicals, Petrochemicals, Refineries, & Fertilizers), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The emission monitoring systems market was valued at USD 2.39 billion in 2018 and is expected to reach USD 4.44 billion by 2025, at a CAGR of 9.3% between 2018 and 2025.
Key factors driving the growth of the market include stringent legal and environmental regulations, increased awareness about environmental protection, increasing health and safety issues, and growing use of oil & gas and petrochemicals. However, the high cost of maintenance of CEMS and fragmented market with many specialist suppliers are key restraining factors for the market growth.
The PEMS market is expected to grow at the highest CAGR between 2018 and 2025. Key driving factors for the growth of 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.
The emission monitoring systems market for services is estimated to grow at the highest CAGR between 2018 and 2025. Services such as installation, maintenance, and training are required after the purchase of CEMS and PEMS. Furthermore, the continuous development of hardware and software leads to the requirement of training and upgrade of the system.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 EMS Market Analysis, By System Type
7 EMS Market Analysis, By Offering
8 EMS Market Analysis, By Industry
9 EMS Market Analysis, By Geography
10 Competitive Landscape
11 Company Profiles
- General Electric
- Parker Hannifin
- Rockwell Automation
- Teledyne Technologies
- Thermo Fisher
- CMC Solutions
- Environnement S.A.
- Enviro Technology Services
- Fuji Electric
For more information about this report visit https://www.researchandmarkets.com/research/g94r2n/4_4_bn_emission?w=4