Table of Contents
Emission Monitoring Market Overview
Emission monitoring companies track and measure pollutants released into the air from sources like industrial facilities, power plants, and transportation to ensure compliance with environmental regulations.
Common pollutants include carbon dioxide (CO2), sulfur dioxide (SO2), nitrogen oxides (NOx), and particulate matter (PM).
Monitoring methods include Continuous Emission Monitoring Systems (CEMS), grab sampling, and remote sensing.
Emission data is collected using tools like infrared analyzers and electrochemical sensors, then analyzed and reported to regulatory agencies.
This process helps reduce air pollution, mitigates health risks, and ensures industries adhere to environmental standards.
Market Drivers
The global emission monitoring market is driven by stringent environmental regulations, which require industries to track and report emissions.
Health and safety concerns related to pollution, technological advancements in monitoring systems, and industrial growth in emerging economies also contribute to market growth.
Additionally, the shift toward renewable energy sources and increased public awareness of environmental issues further accelerate the demand for emission monitoring solutions.
These factors collectively drive the adoption of advanced monitoring systems to ensure regulatory compliance and environmental responsibility.
Market Size
The global EMS market is expected to grow at a 9.5% CAGR, reaching USD 9.7 billion by 2033, up from USD 3.9 billion in 2023.
List of Major Companies
These are the top 10 companies operating in the Emission Monitoring Market:
Mitsubishi
Company Overview
| Establishment Year | 1884 |
| Headquarter | Tokyo, Japan |
| Key Management | Seiji Izumisawa (CEO) |
| Revenue (US$ Bn) | $ 34.4 B (2023) |
| Headcount | ~ 77,991 (2023) |
| Website | https://www.mhi.com/ |
About Mitsubishi
Mitsubishi Heavy Industries, Ltd. (MHI) is focused on emission reduction through digital platforms and carbon capture technologies.
It launched “ΣSynX Supervision,” a digital service platform for industrial plant operations, including remote CO₂ capture monitoring. MHI also partnered to install a pilot CO₂ capture unit at ArcelorMittal’s steel plant in Belgium.
Additionally, MHI strengthened its capabilities by acquiring Concentric, LLC, a leader in industrial power solutions, to support data centers and electrification projects. These efforts highlight MHI’s commitment to emission monitoring companies and global decarbonization.
Geographical Presence
Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, Japan, has a robust global presence. Its regional headquarters are located in Houston, USA, and London, UK, serving North America and EMEA, respectively. MHI also operates in the Asia-Pacific region with a headquarters in Singapore.
The company has manufacturing facilities across several countries, including Japan, the United States, China, and Singapore, enabling it to serve diverse markets worldwide efficiently.
Recent Developments
- In May 2024, ArcelorMittal and MHI launched a pilot CO₂ capture unit at ArcelorMittal’s Gent steel plant in Belgium.
- In October 2024, MHI acquired Concentric, LLC, a North American industrial power solutions provider, from OnPoint Group. Concentric will focus on zero emissions, energy conservation, and electrification for North American data centers and industrial facilities.
Siemens
Company Overview
| Establishment Year | 1847 |
| Headquarter | Munich, Germany |
| Key Management | Roland Busch (CEO) |
| Revenue (US$ Bn) | $ 81.8 B (2023) |
| Headcount | ~ 320,000 (2023) |
| Website | https://www.siemens.com/ |
About Siemens
Siemens AG is actively involved in emission monitoring companies, offering solutions such as Continuous Emission Monitoring Systems (CEMS) and Predictive Emission Monitoring Systems (PEMS).
CEMS provides real-time data on pollutants, while PEMS utilizes algorithms to predict emissions based on operational data, offering a cost-effective alternative to traditional methods.
In 2021, Siemens introduced SiGreen, a solution that enables the reliable tracking of a product’s carbon footprint across the supply chain, enhancing transparency and trust in emissions data.
The company has also made significant strides in sustainability, achieving a 46% reduction in its own CO₂ emissions since 2019 and setting ambitious targets for further reductions.
These initiatives underscore Siemens’ commitment to advancing emission monitoring technologies and contributing to global decarbonization efforts.
Geographical Presence
Siemens AG, headquartered in Munich, Germany, operates in over 190 countries, with a strong presence across Europe, North America, and Asia.
The company has approximately 285 production facilities worldwide, with key operations in Germany, the United States, and China. In North America, Siemens has invested $3 billion in expanding its technology and manufacturing footprint.
Additionally, the company continues to enhance its global presence, particularly in Asia, with significant investments in countries like Singapore and China.
With a workforce of around 385,000 employees, Siemens is committed to further expanding its reach through ongoing global investments.
Recent Developments
- In November 2024, Siemens partnered with the UAE Ministry of Energy and Infrastructure to retrofit 60 government buildings, enhancing energy efficiency and comfort.
- In November 2024, Siemens and Enemalta used the Gridscale X platform to improve network efficiency and reduce outages for 450,000 people.
Kawasaki
Company Overview
| Establishment Year | 1896 |
| Headquarter | Tokyo, Japan |
| Key Management | Yasuhiko Hashimoto (CEO) |
| Revenue (US$ Bn) | $ 13.4 B (2023) |
| Headcount | ~ 36,587 (2023) |
| Website | http://www.khi.co.jp/ |
About Kawasaki
Kawasaki Heavy Industries, Ltd. (KHI) is engaged in emission monitoring companies and reduction initiatives, particularly through its advancements in hydrogen technology.
The company has developed the “SOPass” system, which enables real-time monitoring of boil-off gas and fuel consumption in liquefied natural gas carriers, ensuring compliance with contractual emission guarantees.
In May 2023, KHI partnered with DNV, a global certification body, to establish methodologies for calculating CO₂ emissions across the hydrogen supply chain, enhancing transparency in emission data.
Furthermore, in November 2024, KHI signed a memorandum of understanding with Low Emission Technology Australia to develop and deploy post-combustion capture technology aimed at reducing emissions from heavy industries.
These efforts underscore KHI’s commitment to advancing emission monitoring technologies and contributing to global decarbonization.
Geographical Presence
Kawasaki Heavy Industries Ltd. (KHI) is a global corporation with a strong presence across multiple regions. Its headquarters are located in Tokyo and Kobe, Japan, and it has significant operations in East Asia, including China, Hong Kong, South Korea, and Taiwan.
In Europe, KHI operates in the UK, Germany, and Italy, while in North America, it has facilities in the United States and Canada.
The company also has a presence in South America, particularly Brazil, and in South and Southeast Asia, including India, Malaysia, Thailand, and the Philippines.
KHI’s operations extend to Oceania, with a facility in Australia. This extensive geographical network reflects its commitment to serving diverse global markets.
Recent Development
- In November 2024, KHI entered the civil aero engine maintenance, repair, and overhaul business.
- In November 2024, LETA and KHI signed an MOU to reduce emissions from heavy industries by developing post-combustion capture (PCC) technology to capture CO2 at the source.
ABB Ltd
Company Overview
| Establishment Year | 1988 |
| Headquarter | Zurich, Switzerland |
| Key Management | Morten Wierod (CEO) |
| Revenue (US$ Bn) | $ 32.2 B (2022) |
| Headcount | ~ 105,000 (2023) |
| Website | https://global.abb/ |
About ABB
ABB Ltd. is a leader in emission monitoring companies, offering Continuous Emission Monitoring Systems (CEMS) and Predictive Emission Monitoring Systems (PEMS) to help industries meet environmental regulations. Their CEMS solutions are used globally to measure emissions and ensure compliance.
In January 2024, ABB acquired Real Tech, a Canadian company specializing in optical sensors for water monitoring, and Meshmind, an R&D firm focused on AI and automation, further enhancing ABB’s environmental monitoring capabilities and system efficiency. These acquisitions highlight ABB’s dedication to innovation in the emission monitoring sector.
Geographical Presence
ABB Ltd, headquartered in Zurich, Switzerland, operates in over 100 countries worldwide, with a significant presence across Europe, the Americas, Asia, and the Middle East. In the U.S., the company has more than 40 facilities, including manufacturing, R&D, and service centers.
In India, ABB spans major cities like Bangalore and Chennai, providing a range of solutions in electrification, robotics, and industrial automation.
The company’s strategic acquisitions, such as the purchase of Siemens’ wiring accessories business in China, further expand its global reach, enhancing its market position in key regions.
Recent Development
- In November 2024, ABB made a second investment in Pratexo to advance hybrid edge-to-cloud solutions for better operational technology management.
- In January 2024, ABB acquired Meshmind to enhance R&D in AI, Industrial IoT, and machine vision, creating a global hub within its Machine Automation division.
Rolls-Royce
Company Overview
| Establishment Year | 1904 |
| Headquarter | London, United Kingdom |
| Key Management | Tufan Erginbilgic (CEO) |
| Revenue (US$ Bn) | $ 15.4 B (2022) |
| Headcount | ~ 50,000 (2024) |
| Website | http://rolls-royce.com/ |
About Rolls-Royce
Rolls-Royce Holdings plc is committed to reducing emissions through innovative technologies and sustainable practices.
The company aims to achieve net zero emissions in its operations by 2030 and align its products with net zero carbon by 2050.
Rolls-Royce has tested 100% sustainable aviation fuels to assess their environmental impact. The company also developed the MTU Hybrid PowerPack for rail transport to cut emissions.
Recently, Rolls-Royce was selected by the Czech government to build small modular reactors (SMRs) as part of Europe’s low-carbon energy strategy.
Additionally, it sold a 20% stake in its SMR business to ČEZ, forming a partnership to deploy SMRs in the Czech Republic. These efforts underscore Rolls-Royce’s commitment to emission reduction across industries.
Geographical Presence
Rolls-Royce Holdings plc, headquartered in London, operates in over 50 countries and serves customers in more than 150 nations.
Its global presence includes major hubs in the Americas, such as the U.S. and Canada, along with operations across Europe, including Germany, France, and Italy.
The company also has a strong footprint in Asia, particularly in China and India, with engineering centers in Bengaluru and Pune.
Additionally, Rolls-Royce operates in several countries in the Middle East and Africa, enabling it to provide advanced power and propulsion solutions across diverse regions.
Recent Developments
- In November 2024, Rolls-Royce supplied ten mtu gas gensets to Collicutt Energy Services for peak power in Alberta, ensuring reliable electricity.
- In October 2024, Rolls-Royce developed advanced MTU solutions for undersea defense, featuring a stronger submarine charging unit and NautIQ automation.
AMETEK
Company Overview
| Establishment Year | 1930 |
| Headquarter | Berwyn, Pennsylvania, U.S. |
| Key Management | William J. Burke (CEO) |
| Revenue (US$ Bn) | $ 6.6 Billion (2023) |
| Headcount | ~ 21,500 (2023) |
| Website | http://www.ametek.com/ |
About AMETEK
AMETEK, Inc. specializes in emission monitoring companies solutions, offering products such as the 914 Continuous Emission Monitoring System (CEMS), which utilizes dry extractive sampling techniques to measure pollutants like sulfur dioxide (SO₂) and oxides of nitrogen (NOx) in compliance with environmental regulations.
In November 2022, AMETEK expanded its portfolio by acquiring Navitar, a provider of advanced optical components, and RTDS Technologies, a leader in real-time power simulation systems, thereby enhancing its capabilities in precision measurement and monitoring.
These strategic acquisitions, along with the company’s commitment to developing innovative emission monitoring technologies, reinforce AMETEK’s position as a key player in environmental compliance and industrial process optimization.
Geographical Presence
AMETEK, Inc. is a global leader in electronic instruments and electromechanical devices, headquartered in Berwyn, Pennsylvania, USA. The company operates in over 30 countries, with a presence in more than 150 locations worldwide.
Key regions include North America (U.S., Canada, Mexico), Europe (United Kingdom, Germany, France, Italy, Spain, and others), Asia-Pacific (China, Japan, India, South Korea, Singapore, and more), Latin America (Brazil, Argentina, Chile, and others), and the Middle East and Africa (UAE, Saudi Arabia, South Africa, and various other countries).
AMETEK also has manufacturing and R&D facilities in India, focusing on aerospace, defense, and power generation products.
Recent Developments
- In November 2022, AMETEK acquired Navitar, Inc. and RTDS Technologies, Inc., integrating them into its Electronic Instruments Group (EIG).
Wartsila
Company Overview
| Establishment Year | 1834 |
| Headquarter | Helsinki, Finland |
| Key Management | Tom Johnstone (Chairman) |
| Revenue (US$ Bn) | $ 5.6 Billion (2022) |
| Headcount | ~ 17,800 (2023) |
| Website | http://www.wartsila.com/ |
About Wärtsilä
Wärtsilä Corporation is focused on emission monitoring and reduction, offering services to measure emissions and ensure regulatory compliance.
In June 2023, it launched the Ammonia Release Mitigation System (WARMS) for continuous ammonia emission monitoring companies, receiving Approval in Principle from DNV.
In June 2024, Wärtsilä introduced the world’s first large-scale hydrogen-ready engine power plant, supporting net-zero power systems.
In November 2024, it joined a consortium to develop a hydrogen-argon power cycle for net-zero generation, reinforcing its commitment to innovative emission reduction technologies.
Geographical Presence
Wärtsilä Corporation, headquartered in Helsinki, Finland, operates in 79 countries with around 17,800 employees across more than 240 locations.
In 2023, the company’s net sales were distributed as 29% from the Americas, 32% from Europe, 28% from Asia, and 10% from other regions.
Wärtsilä is divided into two main business areas: Energy, focusing on markets in South and Southeast Asia, the Middle East, Africa, and Latin America; and Marine, with a strong presence in Europe, China, and East Asia. The company’s global operations emphasize its commitment to providing sustainable solutions worldwide.
Recent Developments
- In June 2024, Wärtsilä launched the first 100% hydrogen-ready engine power plant for net-zero systems.
- In June 2023, Wärtsilä’s WARMS received DNV Approval for use on ammonia-fueled ships and tankers.
Emerson
Company Overview
| Establishment Year | 1890 |
| Headquarter | Ferguson, Missouri, U.S. |
| Key Management | Lal Karsanbhai (CEO) |
| Revenue (US$ Bn) | $ 17.4 Billion (2023) |
| Headcount | ~ 73,000 (2023) |
| Website | http://emerson.com/ |
About Emerson
Emerson Electric Co. provides advanced emission monitoring companies solutions, such as the Rosemount XE10 Continuous Emissions Monitoring System, which tracks pollutants like CO, NOₓ, SO₂, CO₂, and O₂ to ensure regulatory compliance.
In November 2024, the company launched the Energy Manager solution, designed to help manufacturers optimize energy use and cut CO₂ emissions by up to 30%.
Emerson also expanded its portfolio with the acquisition of National Instruments in October 2023 and proposed acquiring Aspen Technology in November 2024, enhancing its focus on industrial automation and supporting decarbonization efforts.
Geographical Presence
Emerson Electric Co., headquartered in Ferguson, Missouri, operates in over 150 countries, offering a wide range of products and services, including industrial automation equipment, climate control systems, and precision measurement instruments.
In fiscal year 2022, the company generated $13.8 billion in sales, with major revenue coming from North America, Asia, and Europe.
Emerson’s global presence spans regions such as Latin America, the Middle East, and Africa. Recently, Emerson has focused on enhancing automation and digital transformation, including a $15.1 billion acquisition proposal for Aspen Technology to strengthen its position in industrial automation.
Recent Development
- In November 2024, Emerson Electric proposed acquiring the remaining shares of AspenTech to strengthen its focus on industrial automation.
- In November 2024, Emerson launched the Energy Manager, a system for real-time energy monitoring that helps manufacturers reduce CO₂ emissions and improve efficiency.
Thermo-Fisher
Company Overview
| Establishment Year | 1956 |
| Headquarter | Waltham, Massachusetts, U.S. |
| Key Management | Marc N. Casper (CEO) |
| Revenue (US$ Bn) | $ 42.8 Billion (2023) |
| Headcount | ~ 122,000 (2023) |
| Website | https://www.thermofisher.com/ |
About Thermo Fisher
Thermo Fisher Scientific Inc. offers comprehensive emission monitoring companies solutions, including customizable Continuous Emissions Monitoring Systems (CEMS) designed to comply with U.S.
EPA standards, measure pollutants such as sulfur dioxide (SO₂), nitrogen oxides (NOₓ), carbon monoxide (CO), carbon dioxide (CO₂), and oxygen (O₂).
In August 2023, Thermo Fisher expanded its clinical research capabilities by acquiring CorEvitas, LLC, a provider of regulatory-grade, real-world evidence, for $912.5 million.
Additionally, in July 2024, the company completed the acquisition of Olink Holding AB, a Swedish biotech firm specializing in proteomics solutions, valued at approximately $3.1 billion.
These strategic acquisitions enhance Thermo Fisher’s portfolio, reinforcing its commitment to advancing emission monitoring technologies and supporting environmental compliance across various industries.
Geographical Presence
Thermo Fisher Scientific Inc. has a vast global presence with over 600 locations across the Americas, Asia-Pacific, Europe, Middle East, and Africa (EMEA).
In the Americas, it operates in countries such as the United States, Canada, Brazil, and Mexico. In Asia-Pacific, its presence spans countries like China, India, Japan, Australia, and Singapore.
In EMEA, Thermo Fisher is established in nations including Germany, France, the UK, Russia, and South Africa, among others, allowing it to deliver innovative technologies and services worldwide.
Recent Developments
- In July 2024, Thermo Fisher Scientific completed the acquisition of Olink Holding AB, a leader in next-generation proteomics solutions.
- In August 2023, Thermo Fisher Scientific acquired CorEvitas, a provider of real-world evidence for medical treatments, from Audax Private Equity.
Honeywell
Company Overview
| Establishment Year | 1906 |
| Headquarter | Charlotte, North Carolina, U.S. |
| Key Management | Vimal Kapur (CEO) |
| Revenue (US$ Bn) | $ 36.6 Billion (2023) |
| Headcount | ~ 95,000 (2023) |
| Website | http://www.honeywell.com/ |
About Honeywell
Honeywell International Inc. offers comprehensive emission monitoring companies solutions, including the Emissions Management Suite, which integrates advanced technologies like the Rebellion Gas Cloud Imaging system for continuous monitoring of gases such as methane.
In August 2024, Honeywell expanded this suite to include Hazardous Location and marine certifications, enabling offshore oil and gas platforms to measure and reduce emissions effectively.
Additionally, in May 2024, Honeywell partnered with Weatherford to deliver an integrated emissions management solution for the energy industry, combining Honeywell’s suite with Weatherford’s Cygnet SCADA platform to enhance monitoring and reporting capabilities.
These initiatives underscore Honeywell’s commitment to advancing emission monitoring technologies and supporting global decarbonization efforts.
Geographical Presence
Honeywell International Inc. operates in over 70 countries, with a significant presence across North America, Europe, Asia-Pacific, and the Middle East and Africa.
Headquartered in Charlotte, North Carolina, the company has manufacturing facilities and offices in the U.S. and serves various industries worldwide.
Its operations in Europe, Asia-Pacific, and the Middle East address regional market needs, providing localized solutions while leveraging its global expertise.
Recent Developments
- In August 2024, Honeywell’s Emissions Management Suite was HazLoc and marine certified, making it one of the first end-to-end solutions for offshore oil and gas emissions management.
- In May 2024, Honeywell and Weatherford partnered to combine Honeywell’s suite with Weatherford’s Cygnet SCADA platform to reduce hazardous emissions.
Discuss your needs with our analyst
Please share your requirements with more details so our analyst can check if they can solve your problem(s)
