Predictive Emission Monitoring System (PEMS) Market 2019 Size, Share, Business Growth, Gross Margin, Opportunity Assessment, Leading Players and Forecast 2024

The global predictive emission monitoring system market is expected to grow from USD 1.63 billion in 2018 to USD 2.98 Billion by 2024, at a CAGR of 10.9%, during the forecast period.

pune, India - July 12, 2019 /MarketersMedia/ —

Market Overview

According to Market Research Future, the market for PEMS has been segmented on the basis of component, deployment, industry, and region.

Predictive emission monitoring system (PEMS) are used by software analyzers to provide reliable and real-time approximation of emission properties. PEMS have primary applications across the oil & gas, petrochemicals, and refineries, & fertilizers industries. These systems are typically used inboilers, furnaces, gas turbines, and internal combustion engines. PEMS are perfectly suited for to estimate all the the most common pollutant SO2, CO, CO2, and NOx from the process industry. Currently, PEMS is widely used in Asia-Pacific, Eurpoe, and North America.

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Based on component, the market has been segmented into solution and services. The software segment is further segmented into real-time emission monitoring, periodic analyzers, recalibration software, and sensor validation software/system. The services segment has been further segmented into installation, training, and maintenance. Real-time emission monitoring segment is expected to dominate the software segment during the forecast period.

Based on deployment, the market has been segmented into on-premise and on-line. The on-premise segment is expected to dominate the deployment segment during the forecast period.

Based on industry, the market has been segmented into power plants & combustion, oil & gas, chemicals, petrochemicals, refineries, & fertilizers, building materials, pulp & paper, pharmaceuticals, metal, mining, marine & shipping, and waste incineration. Oil & gas is expected to dominate the industry segment during the forecast period.

Key Players

The prominent players in the PEMS market are ABB Ltd (Switzerland), General Electric Company (US), Siemens AG (Germany), Rockwell Automation (US), Thermo Fisher Scientific (US), CMC Solutions (US), Fuji Electric Co., Ltd (Japan), Teledyne Technologies, Inc. (US), Parker Hannifin Corporation (US), and AMETEK, Inc. (US).

Segmentation

By component, the market has been bifurcated into software and services. The software segment has been further segmented into real-time emission monitoring, periodic analyzers, recalibration software, and sensor validation software/system. The services segment has been further segmented into installation, training, and maintenance.

By deployment, the market has been segmented into on-premise and on-line.

By industry, the market has been segmented into power plants & combustion, oil & gas, chemicals, petrochemicals, refineries, & fertilizers, building materials, pulp & paper, pharmaceuticals, metal, mining, marine & shipping, and waste incineration.

By region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.

Regional Analysis

The global PEMS market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.

North America is expected to grow at highest CAGR during the forecast period due to early adoption of emerging technologies, the presence of global players, and suitable infrastructure. However, the market in Asia-Pacific is expected to dominate the PEMS market during the forecast period. The rapid industrialization in India and China is expected to drive the PEMS market in Asia-Pacific during the forecast period. The major countries identified to witness high growth in Asia-Pacific are China, Japan, India, and South Korea.

Europe is expected to grow at a stable rate during the forecast period due to the changing government rules and regulations related to air and water pollution.

Table Of Contents

1 Executive Summary

1.1 Market Attractiveness Analysis

1.2 Global Predictive Emission Monitoring System (PEMS) Market, By Component

1.3 Global Predictive Emission Monitoring System (PEMS) Market, By Deployment

1.4 Global Predictive Emission Monitoring System (PEMS) Market, By Industry

1.5 Global Predictive Emission Monitoring System (PEMS) Market, By Region

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.3 Markets Structure

2.4 Key Buying Criteria

2.5 Macro Factor Indicator Analysis

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

3.5 List Of Assumptions

Continued….

LIST OF TABLES

Table 1 Global Predictive Emission Monitoring System (PEMS) Market, By Region, 2019–2024

Table 2 North America: Predictive Emission Monitoring System (PEMS) Market, By Country, 2019–2024

Table 3 Europe: Predictive Emission Monitoring System (PEMS) Market, By Country, 2019–2024

Continued….

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LIST OF FIGURES

FIGURE 1 Global Predictive Emission Monitoring System (PEMS) Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis Of The Global Predictive Emission Monitoring System (PEMS) Market

Continued….

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Organization: Market Research Future
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Website: https://www.marketresearchfuture.com/reports/predictive-emission-monitoring-system-market-8005

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