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Major polluting industries such as power plant, iron & steel, refineries, pharmaceuticals, fertilizers, distilleries, pesticides, sugar, pulp & paper, textiles, and other categories of the industries emit particulate matter and other harmful gaseous pollutants into the atmosphere. The international and local government bodies have prescribed standards for various pollutants emitted by the industries. The compliance needs to be strengthened to ensure emission in accordance with the standards only emitted by the industries. In a recent period, emission monitoring system caught attention to monitor, control and record the data for transparent self-regulatory mechanism. With massive industrialization and urbanization, it is essential that companies should strictly follow the compliance set by pollution boards with minimal inspection of industries.
The emission monitoring system is classified on the basis of types and industry. Predictive emission monitoring system and continuous monitoring system are the two types of monitoring system prevailing in the industry. In predictive monitoring system, a software-based solution is used where pressure, temperature, and flow to estimate the concentration of emission based on advanced mathematical models. On the other hand, continuous emission monitoring system uses hardware in which analyzers are utilized the identify the composition of flue gases. Many industries are adopting continuous monitoring system owing to its accurate monitoring and controlling emission.
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The rapid industrial growth and tremendous demand for energy not only impacted the environment negatively but also raised an alarm for centuries worst environmental deterioration. Government and environment institutes are taking stern action against erratic industrial units and imposing hefty fines. Thus, companies are adopting emission monitoring system to control emission and match the emission standard which anticipating the growth of the emission monitoring system.
Emission monitoring system requires intensive capital investment and regular monitoring for precise operation of the installed system. Besides this, the lack of awareness regarding the benefits of emission monitoring and apathy towards environment upliftment is restraining the growth of the emission monitoring system market.
The top emission monitoring system companies are Advanced Emissions Solutions, Inc., ABB, Siemens, Parker Hannifin, Intertek Group plc, Rockwell Automation Inc., Sick AG, Teledyne Technologies Incorporated, Environment SA India Pvt. Ltd., Fuji Electric France S.A.S., Protea Ltd., Horiba Ltd., Opsis AB, Enviro’ & Industrial Solutions ME, and NUKEM Technologies.
· Predictive Emission Monitoring System
· Continuous Emission Monitoring System
· Oil and Gas
· Chemicals & Fertilizers
· Iron and Steel
· Food & Beverages
· North America (the USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
The global emission monitoring system market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Environmental Protection Agency of the United States issues various guidelines and enforce the rules and regulation to curb excessive pollution. The US and Canada play a huge role in environmental pollution owing extensive industrial development, massive oil and gas exploration, and technological revolution. The government agencies are imposing hefty fines on emission violators. Therefore, industries are adopting continuous emission monitoring system to monitor and control the emission. Europe is acting stern to mitigate the ever-increasing GHG and drafting harsh policies to cut down the carbon emission. The adoption of the emission monitoring system by top automotive giants in the world and the rising concern of environmental degradation has expected to increase the growth of the emission monitoring system. The Asia Pacific represents a significant share in the growth of the emission control system owing to massive progress in India, China, Japan, etc. Also, an ongoing initiative by the Government of India under the “Make in India” scheme expanded the business opportunities. In China, the government is pushing new projects and private entities are investing owing to the high market potential which escalating the market growth of the emission monitoring system. The oil-rich nations such as Iran, Iraq, UAE, Saudi Arabia, Kuwait, etc. are investing in oil exploration and production. As the increasing demand for hydrocarbon has enlarged the production of oil and gas that deteriorate the quality of the environment. The emission control system is essential to monitor, control, and record the data for analysis.
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