Emission Monitoring System Market Size & Share, by System Type (Continuous Emission Monitoring System [CEMS]; Predictive Emission Monitoring System [PEMS]); Device Type (Gas Analyzers, Flow & Opacity Monitors, Others); Offering (Hardware, Software, Services); Industry (Power Generation, Oil & Gas, Building Materials, Pulp & Paper, Others) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

Growth Drivers

• Surge in Adoption of IoT in Emission Monitoring Systems - The Internet of Things, or IoT, has permeated every facet of everyday life and is currently affecting many areas, including the environment. Air pollution is a serious issue that has long plagued our world. To safeguard oneself against its harmful consequences, an effective and dependable air pollution monitoring system is also required. The most effective way to get data and insights about the quality of the air is using an Internet of Things (IoT)-based air pollution monitoring device. Compared to conventional air pollution monitoring systems, the Internet of Things-based solution has an array of advantages. It can gather data in real-time from several sites, which is analyzed to determine the pollution sources. It aids in the implementation of appropriate mitigation measures. To give users time to take protective measures, the system may additionally alert them when the air quality reaches a harmful level.
• Rising Pharmaceutical Activities  -The demand for prescription pharmaceuticals is driven by an aging population and an increase in the incidence of chronic diseases, which is driving the pharmaceutical industry's rapid global growth. The industry's technological innovations are also fostering growth in this sector. However, the complicated production procedures used in the pharmaceutical industry include the use of a variety of chemicals and solvents that have the potential to emit harmful environmental pollutants such as particulate matter (PM), hazardous air pollutants (HAPs), and volatile organic compounds (VOCs). Approximately 51 megatonnes of CO2 equivalent of greenhouse gas emissions are projected to be produced annually by the pharmaceutical business alone. Therefore, rules for limiting HAP emissions from pharmaceutical production plants have just been finalized by the US Environmental Protection Agency (EPA). Pharmaceutical businesses will have to install and run emission monitoring systems to comply with these laws, which will monitor and manage their emissions.
• An increasing Focus on Monitoring Ambient Air Quality -In many nations around the world, monitoring outdoor air quality is deemed essential. Many cities across the world that have developed sophisticated civic technology environments or are preparing significant infrastructure changes in their current ones ought to consider incorporating EMS into their systems. These technologies allow cities with "Smart City" objectives and sophisticated data management capabilities to quantify emissions. The effects of dangerous gases and particles are becoming apparent to residents of heavily polluted towns and cities. Therefore, to preserve the ecosystem and public health, it is increasingly imperative to monitor the ambient air quality in big cities.

Challenges

• High Cost of Maintenance - With the aid of sensors and gas analyzers, data is gathered using a hardware-based emission monitoring system identified as a continuous emission monitoring system (CEMS). Emission monitoring systems that function in harsh environmental circumstances are a necessity for industries. For continuous emission monitoring systems to function around the clock and achieve a high degree of dependability, manufacturers must perform routine or frequent maintenance. Continuous emission monitoring systems may need maintenance every day, every month, every quarter, every semi-annually, or every year, depending on the use. These systems require a significant amount of upkeep.
• Lack of Efficiency in Harsh Environment - Strict regulatory frameworks present technical problems for emission monitoring systems. These systems require upkeep and regulatory compliance in their design. Since they work in challenging settings and adverse surroundings including dust, fog, and rain, they are prone to accuracy and performance-related problems. Emission monitoring systems are widely used in several vital industries, such as chemicals, petrochemicals, and oil and gas. However, because the analyzers are installed in difficult-to-reach places, these systems have difficulties in giving accurate and consistent data. This may lead to problems with the devices' calibration, upkeep, and replacement, which could make the issues worse.
• Lack of Awareness Among Organization