Global Portable Emissions Measurement Systems (PEMS) Market Size By Type (Integrated PEMS (iPEMS), Real-Driving Emissions (RDE) PEMS), By Application (Commercial Vehicle, Passenger Car), By Geographic Scope And Forecast
Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Portable Emissions Measurement Systems (PEMS) Market Size By Type (Integrated PEMS (iPEMS), Real-Driving Emissions (RDE) PEMS), By Application (Commercial Vehicle, Passenger Car), By Geographic Scope And Forecast
Portable Emissions Measurement Systems (PEMS) Market Size And Forecast
Portable Emissions Measurement Systems (PEMS) Market size was valued at USD 2.2 Billion in 2021 and is projected to reach USD 3.5 Billion by 2030, growing at a CAGR of 5.4% from 2022 to 2030.
A rise in rules and regulations by governments of various countries has led to an increase in demand for portable emissions measurement systems. Along with it the advancements in PEMS have led to adoption by more people as they are compact and easy to install. The Global Portable Emissions Measurement Systems (PEMS) Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Portable Emissions Measurement Systems (PEMS) Market Definition
A portable emissions measurement system is a vehicle emissions testing device that is small and light enough to be carried inside or moved with a motor vehicle that is being driven during the testing, rather than on the stationary rollers of a dynamometer that only simulates real-world driving. PMES device can be fitted to the tailpipe of nearly all vehicles without any modification. The PEMS can be used for emissions regulatory purposes such as advanced gas analyzers, exhaust mass flow meters, weather stations, global positioning systems, and connections to vehicle networks. PEMS provides a complete and very accurate real-time monitoring of the pollutants emitted by the engines together with the associated engine, vehicle, and ambient parameters.
Global Portable Emissions Measurement Systems (PEMS) Market Overview
The increasing demand for PEMS by the industry is the major factor for the market growth. In addition, the increasing importance of accurate and cost-effective testing has become a major key factor that boosts market growth. Furthermore, the newest generation of PEMS weight 30 kg, is compact, and can be easily installed in small passenger cars. This is another major factor that is responsible for the market growth. However, the main problem that hampers the market growth is the development of a data evaluation method that assesses ex-post the normality of test conditions to enable a reliable assessment of vehicle emissions.
Global Portable Emissions Measurement Systems (PEMS) MarketSegmentation Analysis
The Global Portable Emissions Measurement Systems (PEMS) Market is Segmented on the basis of Type, Application, And Geography.
Portable Emissions Measurement Systems (PEMS) Market, By Type
• Integrated PEMS (iPEMS)• Real-Driving Emissions (RDE) PEMS
Based on Type, The market is segmented into Integrated PEMS (iPEMS) and Real-Driving Emissions (RDE) PEMS. The Integrated PEMS (iPEMS) is expected to be the driving factor for the growth of the market, owing to the rise in the market share of PMES.
Portable Emissions Measurement Systems (PEMS) Market, By Application
• Commercial Vehicle• Passenger Car
Based on Application, The market is segmented into Commercial Vehicle and Passenger Car. The rise in the number of passenger cars has led to an increase in demand of Portable emissions measurement systems which has resulted in the market size of the market.
Portable Emissions Measurement Systems (PEMS) Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of Geography, The Global Portable Emissions Measurement Systems (PEMS) Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific region is expected to witness the highest CAGR during the forecast period. This is primarily driven by countries like China, India, etc.
Key Players
The “Global Portable Emissions Measurement Systems (PEMS) Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as ABMARC, Dekra, Testo, TUV Hessen, Emissions Analytics, Horiba, APL group, SGS, and ZUMBACH among others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• In May 2022, According to the World Economic Forum, digital technology can cut greenhouse gas emissions by up to 20% by 2050 in the three most polluting sectorsenergy, mobility, and materials.
• In Aug 2021, As manufacturers begin to comprehend their needs, the full ramifications of China’s Non-Road Stage IV (NR IV) Off-Road Emissions Regulations are just now beginning to emerge.
• In May 2018, To expand the services provided at the proving ground, the Australian Automotive Research Centre has teamed with ABMARC, an engineering consultant and expert.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2018-2030 |
Base Year | 2021 |
Forecast Period | 2022-2030 |
HISTORICAL PERIOD | 2018-2020 |
UNIT | Value (USD Billion) |
Key Companies Profiled | ABMARC, Dekra, Testo, TUV Hessen, Emissions Analytics, Horiba, APL group, SGS, and ZUMBACH among others. |
Segments Covered | • By Type |
Customization scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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