Continuous Emission Monitoring Systems (CEMS)

Continuous Emission Monitoring Systems (CEMS)

Global Continuous Emission Monitoring Systems (CEMS) Market to Reach $3.4 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Continuous Emission Monitoring Systems (CEMS) estimated at US$2.5 Billion in the year 2020, is projected to reach a revised size of US$3.4 Billion by 2027, growing at a CAGR of 4.2% over the analysis period 2020-2027. Waste Incineration, one of the segments analyzed in the report, is projected to record a 4.1% CAGR and reach US$1.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Petroleum segment is readjusted to a revised 3.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $745.2 Million, While China is Forecast to Grow at 4% CAGR

The Continuous Emission Monitoring Systems (CEMS) market in the U.S. is estimated at US$745.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$598.9 Million by the year 2027 trailing a CAGR of 4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 3.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.Chemicals Segment to Record 5.3% CAGR

In the global Chemicals segment, USA, Canada, Japan, China and Europe will drive the 5.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$313.4 Million in the year 2020 will reach a projected size of US$453.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 46 Featured) -

• AMETEK, Inc.
• Honeywell International, Inc.
• Horiba Ltd.
• Siemens AG
• Teledyne LeCroy
• Thermo Fisher Scientific Inc.

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