Emission Monitoring System Market Share

APAC Market Forecast

The Asia Pacific emission monitoring system market is poised to generate the highest revenue share of over 40% over the coming years. The region is becoming an epicenter for global manufacturing. This presents a problem for many regions in terms of managing emissions based on production while producing items for worldwide consumption. Additionally, the market in this region is also growing on account of the growing urban population. This is because, with the rising urban population the emission rate also increases. Roughly 2.2 billion people, or 54% of the globe's metropolitan population, reside in Asia. Asia's urban population has been projected to increase by 50% by 2050, generating 1.2 billion new residents.

North American Market Analysis

The North American emission monitoring system market is also set to have notable growth in the revenue over the forecast period. This growth is set to be influenced by rising emissions from automotive. Also, there has been a surge in investment in smart cities initiatives which is also influencing the market expansion in this region.