Global CEMS Market 2018-2022
About this market
Growing popularity of programmable gas analyzers to drive growth in the market. Programmable gas analyzers are gaining popularity in industries, where they can be timed for different time intervals and different gases. In a programmable gas analyzer, the analyzer is calibrated for a different combination of gases. Technavio’s analysts have predicted that the CEMS market will register a CAGR of close to 7% by 2022.
Increasing awareness of low-cost sensor technology among end-users
Low-cost sensor innovation can possibly alter the region of air contamination detection by giving high-density spatiotemporal contamination information. Such information can be used for supplementing customary contamination monitoring, enhancing exposure gauges, and raising awareness about air pollution.
Need for price-sensitive multiple technology solutions
A majority of the CEMS vendors are dependent on raw materials from China to manufacture products. The rise in raw material costs and import duties imposed by governments worldwide have increased the production cost of the equipment, leading to a negative effect on the market growth.
For the detailed list of factors that will drive and challenge the growth of the CEMS market during the 2018-2022, view our report.
The market appears to be fragmented and with the presence of several companies including Parker Hannifin and Siemens the competitive environment is quite intense. Factors such as the rising popularity of programmable gas analyzers and the increasing awareness of low-cost sensor technology among end-users, will provide considerable growth opportunities to CEMS manufactures. ABB, AMETEK, Emerson Electric, Honeywell, Parker Hannifin, and Siemens are some of the major companies covered in this report.
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