How Big Is the Emission Monitoring Market?
According to 6Wresearch internal database and industry insights, the emission monitoring market was valued at USD 4.2 billion in 2024 and is expected to reach nearly USD 6.1 billion by 2031, growing at a CAGR of 9.1% during the forecast period.
Tightening environmental regulations, increasing awareness around industrial emissions, and rising adoption of Continuous Emission Monitoring Systems and Predictive Emission Monitoring Systems across sectors such as oil & gas, power generation, chemicals, and cement are the major factors driving growth in the Emission Monitoring Market.
Growth Factors of the Emission Monitoring Market
- Stringent environmental compliance standards set by governments and international bodies
- Surge in industrial activities across developing economies demanding real-time emission tracking
- Expanding use of CEMS in thermal power plants, refineries, and incinerators
- Growing focus on worker safety and indoor air quality monitoring
- Incorporation of AI and cloud-based platforms enabling advanced diagnostics and reporting
- Investments in green technologies and emission reduction targets boosting system deployment
Emission Monitoring Market Trends
Emission Monitoring Market is witnessing increased adoption of smart emission monitoring systems with IoT integration for real-time data analysis and compliance reporting. There is also a notable shift towards hybrid systems combining hardware and software for predictive diagnostics. Additionally, governments are enforcing digitized emissions tracking and carbon accountability mechanisms, especially in Europe and North America, while Asia-Pacific sees rapid system installations due to new industrial facilities and emission mandates.
Emerging Developments in Emission Monitoring Market
Some of the emerging developments in the Emission Monitoring Market include AI-driven emission analysis platforms, remote monitoring capabilities, portable emission monitoring systems, and expanded applications in marine and aviation sectors. Vendors are also innovating in non-invasive and laser-based sensing technologies to improve measurement accuracy, lower maintenance, and reduce operational downtime.
Leading Companies in the Emission Monitoring Industry
- ABB Ltd.
- AMETEK Inc.
- Siemens AG
- Fuji Electric Co., Ltd.
- Emerson Electric Co.
- Thermo Fisher Scientific Inc.
- Teledyne Technologies Incorporated
How big is the Emission Monitoring Market: FAQs
Increasing regulatory pressure, carbon neutrality goals, and rising health concerns related to air pollution are driving market expansion.
Leading companies include ABB Ltd., Siemens AG, Fuji Electric Co., Ltd., and Thermo Fisher Scientific Inc.
Key industries include oil & gas, chemicals, cement, pulp & paper, and metals.
The emission monitoring market is anticipated to reach USD 6.1 billion by 2031.
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