SAN FRANCISCO, June 28, 2022 /PRNewswire/ --  A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Continuous Emission Monitoring Systems (CEMS) - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

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• Global competitiveness and key competitor percentage market shares
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Edition: 7; Released: January 2022

Executive Pool: 15411
Companies: 46 - Players covered include AMETEK, Inc.; Honeywell International, Inc.; Horiba Ltd.; Siemens AG; Teledyne LeCroy; Thermo Fisher Scientific Inc. and Others.
Coverage: All major geographies and key segments
Segments: End-Use (Power Generation, Petroleum, Chemicals, Cement, Other End-Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Continuous Emission Monitoring Systems (CEMS) Market to Reach $3.6 Billion by 2026
Amid the COVID-19 crisis, the global market for Continuous Emission Monitoring Systems (CEMS) estimated at US$2.2 Billion, is projected to reach a revised size of US$3.6 Billion by 2026, growing at a CAGR of 7.8% over the analysis period. Power Generation, one of the segments analyzed in the report, is projected to record a 8.3% CAGR and reach US$1.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Petroleum segment is readjusted to a revised 7.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $730 Million in 2021, While China is Forecast to Reach $620.8 Million by 2026
The Continuous Emission Monitoring Systems (CEMS) market in the U.S. is estimated at US$730 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$620.8 Million by the year 2026 trailing a CAGR of 7.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.3% and 6.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.3% CAGR.

Chemicals Segment to Reach US$578.4 Million by the year 2026
In the global Chemicals segment, USA, Canada, Japan, China and Europe will drive the 8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$291.7 Million will reach a projected size of US$498.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

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Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.