global emission equipment market, emission equipment market share, emission equipment market industry, emission equipment market research, emission equipment market size, emission equipment market statistics
How big is the emission equipment market today, and what are its future growth expectations?
The emission equipment market size has grown rapidly in recent years. It will grow from $172.12 billion in 2024 to $191.29 billion in 2025 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to environmental regulations and policies, industrialization and urbanization, growing public awareness and advocacy, rising health concerns, and awareness of environmental issues.
The emission equipment market size is expected to see rapid growth in the next few years. It will grow to $287.8 billion in 2029 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to continued stricter environmental regulations, economic growth, and industrial expansion, increased public and governmental pressure, global agreements and initiatives, and health and environmental impact awareness. Major trends in the forecast period include technology advancements, integration of advanced technologies, renewable energy and clean technologies, focus on sustainable and green technologies, digitalization, and smart technologies.
Get Your Free Sample of The Global Emission Equipment Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16417&type=smp
What key drivers have fueled the emission equipment market’s development over the years?
The increase in greenhouse gas emissions is expected to propel the growth of the emission equipment market going forward. Greenhouse gas emissions refer to releasing gases into the Earth’s atmosphere that trap heat, leading to the greenhouse effect and global warming. The increase in greenhouse gas emissions is due to various human activities and natural processes that have intensified significantly over the past century. Emission equipment is critical in mitigating greenhouse gas emissions by reducing the pollutants released into the atmosphere from various industrial and commercial activities. For instance, in June 2024, according to the US Energy Information Administration, a US-based government agency, the CO2 emission in 2021 accounted for 35.72 billion metric tons which increased to 38.50 billion metric tons in 2022. Therefore, an increase in greenhouse gas emissions is driving the growth of the emission equipment market.
What is the segmentation for the emission equipment market?
The emission equipment market covered in this report is segmented –
1) By Emission Type: Particulate Matter Control Equipment, Nitrogen Oxides Control Equipment, Sulfur Oxides Control Equipment, Volatile Organic Compounds Control Equipment
2) By Solution: Emission Test Equipment, Emission Test Software, Emission Test Service
3) By Application: Industrial, Automotive, Marine, Aerospace, Other Applications
Subsegments:
1) By Particulate Matter Control Equipment: Electrostatic Precipitators (Esp), Fabric Filters (Baghouses), Cyclones
2) By Nitrogen Oxides Control Equipment: Selective Catalytic Reduction (Scr) Systems, Selective Non-Catalytic Reduction (Sncr) Systems, Low-Nox Burners
3) By Sulfur Oxides Control Equipment: Flue Gas Desulfurization (Fgd) Systems, Wet Scrubbers, Dry Scrubbers
4) By Volatile Organic Compounds Control Equipment: Carbon Adsorbers, Thermal Oxidizers, Catalytic Oxidizers
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/emission-equipment-global-market-report
Who are the most influential companies in the emission equipment market?
Major companies operating in the emission equipment market are BASF SE, Siemens AG, General Electric Company, Thermo Fisher Scientific Inc., Honeywell International Inc., ABB Ltd., Baker Huges Co., Alstom SA, Johnson Matthey plc, Emerson Electric Co., ANDRITZ AG, Fuji Electric Co. Ltd., Ametek Inc., Teledyne Technologies Incorporated, HORIBA Ltd., SICK AG, Spectris plc, Thermax Limited, Babcock And Wilcox Enterprises Inc., Enviro Technology Services plc
What are the top industry trends projected to impact the emission equipment market?
Major companies operating in the emission equipment market are developing advanced products, such as IoT-based building management systems, to reduce energy consumption and emissions. IoT-based building management systems reduce emissions by optimizing energy use through real-time monitoring and control of building systems such as lighting and ventilation. For instance, in March 2023, Siemens AG, a Germany-based provider of advanced emission equipment solutions, launched Connect Box, an open and user-friendly IoT solution tailored for managing and reducing emissions from small to medium-sized buildings. The Siemens Connect Box optimizes building operations by gathering real-time data from IoT sensors to monitor energy consumption and system performance. It then uses this data to make adjustments that maximize efficiency, reducing overall emissions from the building’s operations.
What are the major regional insights for the emission equipment market, and which region holds the top position?
North America was the largest region in the emission equipment market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the emission equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Emission Equipment Market Report 2025 Offer?
The emission equipment market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Emission equipment refers to devices and systems designed to monitor, control, and reduce the emissions of pollutants from various sources. The primary purpose of emission equipment is to mitigate environmental impact, improve air quality, and ensure compliance with regulatory standards governing air pollution.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16417
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
