Enjoy complimentary customisation on priority with our Enterprise License!
The emission control technology market size is estimated to increase by USD 39.09 billion and grow at a CAGR of 7.14% between 2022 and 2027. The growth of the market depends on several factors, such as the growing greenhouse gas emissions from industries, the increasing adoption of gasoline direct injection (GDI) engines in cars, and government regulations on vehicular particulate emission levels. Furthermore, emissions originating from manufacturing plants don't just emit CO2; they also play a role in generating harmful pollutants like ozone. This, in turn, contributes to the formation of smog and ground-level ozone problems, presenting significant health hazards to communities living in affected regions. With the ongoing expansion of the global industrial sector, the necessity for efficient emission control technologies becomes crucial in addressing environmental consequences and complying with regulatory requirements aimed at reducing pollution levels.
To learn more about this report, View Report Sample
This market report extensively covers market segmentation by end-user (automotive, marine, aerospace, off-highway, and rolling stock), type (gasoline and diesel), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
The automotive segment is estimated to witness significant growth during the forecast period. Governments around the world have imposed strict emission limits to address environmental concerns. Automakers are required to comply with these regulations and reduce the emissions produced by their vehicles. This has increased the demand for emissions control technology to ensure compliance and avoid penalties.
Get a glance at the market contribution of various segments View the PDF Sample
The automotive segment is the largest segment and was valued at USD 23.76 billion in 2017. There is a growing global focus on sustainable transportation to reduce greenhouse gas emissions and air pollution. Emissions control technology enables vehicles to drive with reduced emissions, supporting the goals of sustainable transportation and environment-friendly mobility. Additionally, growing consumer awareness and preference for environmentally friendly vehicles has increased the demand for emissions control technology. Concerned about the environmental impact of vehicles, consumers are choosing vehicles with advanced emission control systems. Thus, the growing regulatory compliance across the globe and the need for sustainable transportation, consumer demand for eco-friendly vehicles will drive the market growth during the forecast period.,
For more insights on the market share of various regions Download PDF Sample now!
North America is estimated to contribute 33% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. North America is the leading region in the global market due to factors such as the presence of a strong economy, the implementation of the Clean Air Act, technological advances in clean air technology, and the presence of several industrial clean air technology companies. Owing to changes in vehicular emission norms, many original equipment manufacturers will change their strategies and try to ensure control over their vehicular emissions, which will boost product sales in the future.
Furthermore, the presence of the US environmental protection agency (EPA), whose main goal is to reduce air pollution and improve air quality, is one of the major factors driving the growth of the US market. This law authorizes the US Environmental Protection Agency (EPA) to establish National Air Quality Standards (NAAQS) to protect public health and regulate emissions of harmful air pollutants. Similarly, Canada Introduced an air quality management system (AQMS) to continuously monitor emissions levels and provide a framework for protecting human health and the environment from harmful air pollutants. The organization focuses on reducing emission levels and ambient concentrations of various pollutants in accordance with Canadian Air Quality Standards (CAAQS). Hence, the presence of stringent regulations to curb industrial emissions is expected to boost the growth of the market in North America during the forecast period.
The market is experiencing a surge in demand driven by growing environmental concerns and regulatory initiatives aimed at mitigating the impact of harmful pollutants on the planet. With industries such as energy production, aviation, and transportation contributing significantly to air, water, and soil pollution, there is an urgent need for effective emission control solutions. Greenhouse gases such as carbon dioxide (CO2), nitrogen oxides (NOx), sulfur oxides (SOx), particulate matter (PM), and volatile organic compounds (VOCs) pose serious threats to the environment and public health.
To combat these challenges, governments worldwide are implementing stringent regulations to limit emissions from various sources, including passenger cars, light trucks, and the oil and gas industry. This regulatory landscape is a key driver propelling the adoption of emission control technologies across different sectors. Technologies such as diesel particulate filters (DPF), nitrogen systems, and advanced power generation technologies are being increasingly deployed to reduce harmful emissions and achieve compliance with environmental standards.
Furthermore, there is a growing trend towards the adoption of renewable energy sources and clean car technologies to minimize carbon footprint and promote sustainable practices. Energy storage systems, grid optimization solutions, and innovative approaches to energy generation are also gaining traction as part of efforts to address climate change and achieve environmental sustainability goals. Small and medium-sized enterprises (SMEs) play a crucial role in driving innovation and adoption of emission control technologies, contributing to market growth through their agility and focus on developing cost-effective solutions. As awareness of the environmental impact of pollutants continues to rise, coupled with regulatory pressures and technological advancements, the Emission Control Technology market is poised for robust growth in the coming years.
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The market is experiencing substantial growth, primarily propelled by the escalating concerns surrounding greenhouse gas emissions from industrial activities. Industries, particularly those reliant on fossil fuels for energy production, are major contributors to greenhouse gas emissions, with carbon dioxide (CO2) being a significant pollutant emitted during combustion processes. The surge in industrial production across various sectors has led to a notable increase in emissions, exacerbating air pollution and contributing to climate change.
Moreover, emissions from manufacturing plants not only release CO2 but also contribute to the formation of harmful pollutants such as ozone, which in turn leads to smog and ground-level ozone issues, posing serious health risks to populations residing in affected areas. As the global industrial sector continues to expand, the need for effective emission control technologies becomes paramount in mitigating environmental impacts and adhering to regulatory standards aimed at curbing pollution levels.
In response to these challenges, industries are increasingly adopting emission control technologies to mitigate their environmental footprint. These technologies encompass a range of solutions, including but not limited to advanced power generation technologies, renewable energy sources, energy storage systems, and grid optimization solutions. By investing in emission control technologies, industries not only reduce their environmental impact but also enhance operational efficiency and compliance with regulatory requirements. As governments worldwide implement stricter emission regulations and incentivize the adoption of cleaner technologies, the market is poised for significant growth in the forecast period, driven by the imperative to address environmental concerns and promote sustainable industrial practices.
The proliferation of Euro emission standards is the key trend driving the growth of the global market. In 1992 Euro emission standards were introduced. These were designed to restrain the use of leaded gasoline and control carbon monoxide emissions. Euro 2 emission standards were established in 1997, this led to further reductions in carbon monoxide emissions limits and introduced combined limits for nitrogen oxides and non-burned hydrocarbons. Furthermore, Euro 6 emission standards were introduced in 2014, which imposed further regulations on NOx emission levels of about 67% compared with Euro 5 for both petrol and diesel engines.
However, apart from the members of the European Union, rising countries together with Brazil, China, India, and Russia (BRIC countries) have additionally followed Euro emission standards. Emissions standards will be regulated by even stricter standards within the expected period of time. Emerging nations will continue to adhere to the old version of the euro norm in preparation for rising oil consumption. Therefore, the proliferation of Euro emission standards will have a positive impact on the growth of the global market during the forecast period.
The rising demand for electric vehicles is a significant challenge to the growth of the global market. Electric vehicles are becoming more popular with a rising emphasis on the introduction of sustainable energy and the use of environmentally friendly measures to restrain carbon emissions. The rapid expansion of EV charging infrastructure, growing consumer awareness, and full or partial bans on the use of fuel-powered vehicles are also driving demand for EVs around the world.
Moreover, the demand for EVs is rising in China, the US, and Japan, as well as in European countries such as Norway and Germany. Owing to the presence of government policies that support the use of energy-efficient vehicles, the demand for EVs is expected to grow. As EVs do not require a fuel injector, the raised demand for such vehicles will harm the demand for the products, which will impede the growth of the market in focus during the forecast period.
The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Airex Industries Inc.: The company offers emission control technology applications such as abrasive blasting, metalworking, mining, and minerals.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market vendors, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
The market is crucial in combating harmful pollutants emitted by various industries such as automotive, aerospace, and oil and gas. With rising concerns over climate change mitigation, carbon pricing schemes and emissions trading systems have gained prominence, incentivizing the adoption of advanced technologies like diesel particulate filters (DPF), gasoline particulate filters (GPF), and selective catalytic reduction (SCR). These technologies target pollutants like nitrogen oxides (NOx), sulfur oxides (SOx), and volatile organic compounds (VOCs). Additionally, innovations in nanotechnology and catalytic converters play a pivotal role in reducing emissions of carbon dioxide, unburned hydrocarbons, and toxic gases, contributing to cleaner air and healthier ecosystems.
The market is witnessing significant growth driven by concerns over water pollution, soil pollution, and the harmful effects of particulate matter (PM) emissions. Industries such as aviation, tourism, and automotive are adopting solutions like diesel oxidation catalysts (DOC) and exhaust gas recirculation (EGR) to curb emissions. With a focus on reducing environmental impact, advancements in clean car technology and renewable energy sources are gaining traction. The market also sees demand for grid optimization solutions and advanced power generation technologies. Small and medium-sized enterprises (SMEs) are increasingly investing in energy storage systems to promote sustainability in their operations.
The market is witnessing robust growth driven by stringent regulations across various industries, such as automotive, marine, aerospace, and off-highway sectors to curb harmful emissions. With a focus on reducing pollutants like oxides of nitrogen (NOx) and particulate matter, especially from gasoline engines and diesel particulate filter (DPF) installations in vehicles, the market is experiencing a surge in demand for advanced technologies. Gasoline particulate filters (GPF) are increasingly adopted in passenger cars and light trucks to comply with emission standards, while the oil and gas industry explores cleaner fuel options like biodiesel to mitigate environmental impact. Nitrogen systems play a crucial role in emission control across various industrial applications, propelling the market forward.
Emission Control Technology Market Scope |
|
Report Coverage |
Details |
Page number |
170 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.14% |
Market growth 2023-2027 |
USD 39.09 billion |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
6.88 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 33% |
Key countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Airex Industries Inc., American Air Filter Co. Inc., Andritz AG, Babcock and Wilcox Enterprises Inc., BASF SE, Camfil AB, Donaldson Co. Inc., Doosan Lentjes GmbH, DuPont de Nemours Inc., FLSmidth and Co. AS, Fujian Longking Co. Ltd., GEA Group AG, General Electric Co., Hamon S.A., Mitsubishi Heavy Industries Ltd., Parker Hannifin Corp., PAS Solutions BV, Sumitomo Heavy Industries Ltd., Thermax Ltd., and John Wood Group PLC |
Market dynamics |
Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.