The growth of the Emission Monitoring Systems market is driven by the high dependency of countries worldwide on coal-fired power plants to generate electricity, the stringent emission norms and standards enforced by the North American and European governments, and the increased need for environmental protection. Moreover, the growing number of coal fired power generation plants in APAC is likely to fuel the growth of this market.
How the Covid-19 outbreak has affected the Emission Monitoring Systems Market:
The outbreak of the Covid-19 and the subsequent global shutdowns it caused, have caught industries and companies off-guard, without giving them time to plan or protect themselves from losses. Presently, the market scenario is vague, and the market size may either steeply go up or down, based on the actions taken and results achieved by different companies. To some extent, this pandemic has affected various industries across the world. A number of countries across the world have suspended their operations to contain the spread of Covid-19. According to the International Energy Agency (IEA), the lock down measure has significantly reduced the demand for electricity from the industrial sector, thereby affecting the power mix.
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