Global Predictive Emission Monitoring System (PEMS) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Component;

Software and Solutions.

By Deployment;

On-Premise and On-Line.

By Industry;

Power Plants & Combustion, Oil & Gas, Chemicals, Petrochemicals, Refineries, & Fertilizers, Building Materials, Pulp & Paper, Pharmaceuticals, Metal, Mining, Marine & Shipping and Waste Incineration.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn180572157 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Predictive Emission Monitoring System (PEMS) Market (USD Million), 2021 - 2031

In the year 2024, the Global Predictive Emission Monitoring System (PEMS) Market was valued at USD 6,147.71 million. The size of this market is expected to increase to USD 10,133.12 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.4%.

The Global Predictive Emission Monitoring System (PEMS) market is witnessing significant growth as industries worldwide prioritize environmental compliance and sustainability. PEMS are advanced systems that use software and mathematical models to predict the levels of pollutants emitted from industrial processes. Unlike traditional Continuous Emission Monitoring Systems (CEMS), which rely on physical sensors and analyzers, PEMS offer a cost-effective and flexible alternative by utilizing process data to estimate emissions. This technology is becoming increasingly essential due to stringent environmental regulations and the growing emphasis on reducing industrial emissions to combat climate change and protect public health.

One of the primary drivers of the PEMS market is the rising regulatory pressure from governmental and environmental agencies. These regulations mandate industries to monitor and control their emissions accurately and consistently. PEMS provide a reliable solution by offering real-time data and predictive analytics, enabling industries to stay compliant with emission standards and avoid hefty fines. Additionally, the ability of PEMS to operate in harsh and remote environments without the need for frequent maintenance makes them a preferred choice for industries such as power generation, oil and gas, chemicals, and manufacturing.

Technological advancements in data analytics, machine learning, and the Internet of Things (IoT) are further propelling the adoption of PEMS. These advancements enhance the accuracy and efficiency of emission predictions, making PEMS more robust and reliable. The integration of IoT allows for seamless data collection and transmission, facilitating continuous monitoring and real-time decision-making. As industries increasingly adopt digital transformation strategies, the deployment of PEMS is expected to rise, driving the market's growth. Moreover, the focus on sustainability and the adoption of green technologies are likely to sustain the demand for PEMS in the coming years, positioning it as a crucial component in the global effort to reduce industrial emissions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Deployment
    3. Market Snapshot, By Industry
    4. Market Snapshot, By Region
  4. Global Predictive Emission Monitoring System (PEMS) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Stringent Environmental Regulations
        2. Technological Advancements
        3. Cost-Effectiveness
      2. Restraints
        1. High Initial Investment
        2. Data Accuracy Concerns
        3. Technical Expertise Requirement
      3. Opportunties
        1. Emerging Markets
        2. Integration with IoT and AI
        3. Expansion in Non-Industrial Sectors
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Predictive Emission Monitoring System (PEMS) Market, By Component, 2021 - 2031 (USD Million)
      1. Software
      2. Solutions
    2. Global Predictive Emission Monitoring System (PEMS) Market, By Deployment, 2021 - 2031 (USD Million)
      1. On-Premise
      2. On-Line
    3. Global Predictive Emission Monitoring System (PEMS) Market, By Industry, 2021 - 2031 (USD Million)
      1. Power Plants & Combustion
      2. Oil & Gas
      3. Chemicals
      4. Petrochemicals
      5. Refineries & Fertilizers
      6. Building Materials
      7. Pulp & Paper
      8. Pharmaceuticals
      9. Metal
      10. Mining
      11. Marine & Shipping
      12. Waste Incineration
    4. Global Predictive Emission Monitoring System (PEMS) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ABB Ltd.
      2. General Electric Company
      3. Siemens AG
      4. Rockwell Automation
      5. Thermo Fisher Scientific
      6. CMC Solutions
      7. Fuji Electric Co., Ltd.
      8. Teledyne Technologies, Inc.
      9. Parker Hannifin Corporation
      10. Ametek, Inc.
  7. Analyst Views
  8. Future Outlook of the Market