Stringent government regulation to monitor emission driving the emission monitoring system market

The emission monitoring system market is anticipated to exhibit considerable growth during the forecast period. The emission monitoring system measures the number of various gases in the air including carbon dioxide, methane, helium, nitrogen, carbon monoxide, and sulfur dioxide among others. The rising industrialization across the globe is contributing to the emission of harmful gases which are needed to be controlled that can be done using emission monitoring systems. Therefore, stringent government regulation for the monitoring of the harmful emitting gases is expected to be a major factor contributing to the growth of the emission system monitoring market across the globe.   

Browse the full report description Emission Monitoring System Market by Component (Software, Hardware, and Services), by Technology (Continuous Emission Monitoring System and Predictive Emission Monitoring System), by Vertical (Oil and Gas, Mining, Chemical and Fertilizers, Energy, and Others) – Global Trends, Size, Share, Growth, Industry Analysis and Forecast, 2019-2025 at:https://www.omrglobal.com/industry-reports/emission-monitoring-systems-market

The various countries are making a significant contribution to the growth of the emission monitoring system industry. Several countries have strict government regulations based on the reporting and limiting of the emissions levels. For instance, in April 2018, Canada had introduced regulations for cutting of the methane emissions up to 40-45% by 2025 with the baseline of 2012. In addition, the provinces of Saskatchewan, Alberta, and British Columbia are having more specific and stringent regulatory measures in place for addressing venting and flaring that comes from the upstream oil and gas operations. 

In Norway, each and every oil and gas facility make the estimation and reports on the emission of methane on an annual basis using a common estimation method based on standard emission factors. Under the Gothenburg, Protocol government of Norway has taken the responsibility of reducing its overall emissions of nitrogen oxide by 23% by 2020 with the baseline of 2005. The emissions from the petroleum sector in the country are directly regulated via conditions that are included in the plans for development and operation which are permitted under the Pollution Control Act (PCA) of Norway. For proper fulfillment of the action plan, Norway will require several emission monitoring systems across its various industries. 

Recent Developments

• In May 2019, DHL express and electric vehicle maker StreetScooter has done a collaboration to minimize the emission level in the electric delivery vehicle. This project was funded by the German Federal Ministry of Transport and Digital Infrastructure (BMVI) as a part of it is the National Innovation Program Hydrogen and Fuel Cell Technology (NIP II).
• In July 2017, Emerson Automation Solutions Emerson Automation Solutions introduced the Rosemount CT5800 continuous gas analyzer which is a quantum cascade laser analyzer designed primarily for the industrial process applications that requires Class one, Division two hazardous area certification which needs to be built within a flameproof enclosure of the factory. 

Global Emission Monitoring System Segmentation

By Component

• Software
• Services
• Hardware

By Technology

• Continuous Emission Monitoring System
• Predictive Emission Monitoring System

By Vertical

• Oil & Gas
• Vehicle
• Chemical & Fertilizers
• Pulp & Paper
• Others

Global Emission Monitoring System Market – Segment by Region 

North America           

• US
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific    

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle-East Africa

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