Emission Monitoring System Global Market Report 2024

Description

“Emission Monitoring System Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on emission monitoring system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for emission monitoring system? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The emission monitoring system market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By System Type: Continuous Emission Monitoring System (CEMS); Predictive Emission Monitoring System (PEMS)
2) By Component Outlook: Hardware; Software; Service
3) By Industry: Marine And Shipping; Mining; Metals; Pharmaceuticals; Pulp And Paper; Building Materials; Chemicals, Petrochemicals, Refineries And Fertilizers; Oil And Gas; Power Generation
Companies Mentioned: Thermo Fisher Scientific Inc.; Teledyne Technologies Inc.; Sick AG; Rockwell Automation Inc.; Parker-Hannifin Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

An emission monitoring system is an integrated system that analyzes the presence of dust and other pollutants to monitor the emissions coming from a machine or a system.

The main types of emission monitoring systems are continuous emission monitoring systems (CEMS), and predictive emission monitoring systems (PEMS). The total equipment required to determine a gas or particulate matter concentration or emission rate using pollutant analyzer measurements and a conversion equation, graph, or computer program to produce results in units of the applicable emission limitation or standard is referred to as a continuous emission monitoring system (CEMS). The components used are hardware, software, and service that can be used across various industries such as marine & shipping, mining, metals, pharmaceuticals, pulp & paper, building materials, chemicals, petrochemicals, refineries & fertilizers, oil & gas, power generation.

The emission monitoring system market research report is one of a series of new reports from The Business Research Company that provides emission monitoring system market statistics, including emission monitoring system industry global market size, regional shares, competitors with a emission monitoring system market share, detailed emission monitoring system market segments, market trends and opportunities, and any further data you may need to thrive in the emission monitoring system industry. This emission monitoring system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The emission monitoring system market size has grown rapidly in recent years. It will grow from $3. 41 billion in 2023 to $3. 76 billion in 2024 at a compound annual growth rate (CAGR) of 10. 2%. The growth in the historic period can be attributed to regulatory compliance, public awareness, industrial growth, cost reduction.

The emission monitoring system market size is expected to see strong growth in the next few years. It will grow to $5. 45 billion in 2028 at a compound annual growth rate (CAGR) of 9. 7%. The growth in the forecast period can be attributed to global climate initiatives, renewable energy expansion, government incentives. Major trends in the forecast period include advancements in sensor technology, data analytics and ai integration, remote monitoring and cloud-based solutions, focus on green solutions, global collaboration for standardization, decentralized energy systems.

Growing demand from oil and gas and power generation industries is expected to propel the growth of emission monitoring systems market. Consumption of natural gas in India is expected to grow as it burns cleaner than fossil fuels and is easy to store. For instance, according to IBEF, an Indian Government export promotion agency, in the year 2020, crude oil production in India stood at 32. 2 MMT. The production of crude oil was at 4. 9 MMT in FY22 (April-May 2021) and was 30. 5 MMT. India's consumption of petroleum products grew 4. 5% to 213. 69 MMT during FY20. Thus, increase in the consumption of oil and natural gas is predicted to increase the demand for the emission monitoring systems going forward.

Growing coal fired power plant for energy generation is expected to propel the growth of emission monitoring systems market. A coal-fired power plant refers to a facility that generates electricity by burning coal as its primary fuel source. These power plants are thermal power stations that use the heat produced from the combustion of coal to generate steam, which drives a turbine connected to an electrical generator. The need for monitoring and reducing greenhouse gas emissions and air pollutants from these power plants to meet environmental regulations drives the demand for advanced emission monitoring systems, creating opportunities for market expansion. For instance, according to India's ministry of power, coal fired power generation capacity in India is expected to increase by 22. 4 percent to 238 GW by 2022. Thus, growing coal fired power plant for energy generation to increase the demand for the emission monitoring systems going forward.

Technological advancements are shaping the emission monitoring system market. Many companies are using new technologies to provide better and enhanced products to their customers. For instance, in 2021, ABB, a Europe-based multinational company working in the end users' sector, launched a new emissions monitoring system called CEMcaptain, designed to help shipping companies in managing compliance with the IMO emissions regulations. CEMcaptain is a multi-component analyzer system that integrates analyzer modules and sample processing components in a freestanding cabinet to deliver real-time emissions measurement data. By regulations, the unit monitors sulfur dioxide (SO2) and carbon dioxide (CO2) concurrently and constantly. With up to four distinct components per analyzer module, each analyzer has two unique gas channels to enable continuous CO2/SO2 measurement of separate streams.

Major companies in the emission monitoring system market are exploring XE10 Continuous Emissions Monitoring System (CEMS) to gain a competitive advantage and enhance their product offerings. The XE10 Continuous Emissions Monitoring System (CEMS) is a specific type of emissions monitoring system designed to continuously and accurately measure and record emissions of various pollutants from industrial sources. For instance, in September 2021, Emerson a US based Manufacturing company launched its new Rosemount XE10 Continuous Emissions Monitoring System (CEMS), designed to help industrial plants meet increasingly stringent environmental regulations and evolving sustainability demands.

In January 2022, ESC Spectrum, a US-based emission monitoring company, acquired Monitoring Solutions for an undisclosed amount. The acquisition complements the company's portfolio and would expand the company's reach in newer geographies and markets. Monitoring Solutions is a US-based air pollution monitoring and reporting company.

Major companies operating in the in the emission monitoring system market report are Thermo Fisher Scientific Inc., Teledyne Technologies Inc., Sick AG, Rockwell Automation Inc., Parker-Hannifin Corporation, Siemens AG, General Electric Company, Emerson Electric Co, AMETEK Inc., ABB Ltd., CMC Solutions LLC, Environmental SA Pvt. Ltd., Opsis AB, Ecotech Technologies Pvt. Ltd., Intertek Group plc, Analytical Technology Inc., Bacharach Inc., Beijing SDL Technology Company Limited, California Analytical Instruments Inc., Codel International Ltd., The Durag Group, E Instruments International LLC, ECO PHYSICS AG, ENVEA Societe Anonyme, Fuji Electric Co. Ltd., Gasmet Technologies Oy, Horiba Ltd., KANE International Ltd., KIMO Instruments, Land Instruments International Ltd., M&C TechGroup Germany GmbH, Testo SE & Co. KGaA, Yokogawa Electric Corporation

North America was the largest region in the emission monitoring system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the emission monitoring system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the emission monitoring system market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The emission monitoring system market consists of sales of extractive systems, and in situ systems. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r10327

1. Executive Summary

2. Emission Monitoring System Market Characteristics

3. Emission Monitoring System Market Trends And Strategies

4. Emission Monitoring System Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Emission Monitoring System Market Size and Growth

5.1. Global Emission Monitoring System Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Emission Monitoring System Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Emission Monitoring System Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Emission Monitoring System Market Segmentation

6.1. Global Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Continuous Emission Monitoring System (CEMS)
Predictive Emission Monitoring System (PEMS)
6.2. Global Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Hardware
Software
Service
6.3. Global Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Marine And Shipping
Mining
Metals
Pharmaceuticals
Pulp And Paper
Building Materials
Chemicals, Petrochemicals, Refineries And Fertilizers
Oil And Gas
Power Generation

7. Emission Monitoring System Market Regional And Country Analysis

7.1. Global Emission Monitoring System Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Emission Monitoring System Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Emission Monitoring System Market

8.1. Asia-Pacific Emission Monitoring System Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. 4. Asia-Pacific Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Emission Monitoring System Market

9.1. China Emission Monitoring System Market Overview
9.2. China Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9. 4. China Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Emission Monitoring System Market

10.1. India Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Emission Monitoring System Market

11.1. Japan Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Emission Monitoring System Market

12.1. Australia Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Emission Monitoring System Market

13.1. Indonesia Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Emission Monitoring System Market

14.1. South Korea Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Emission Monitoring System Market

15.1. Western Europe Emission Monitoring System Market Overview
15.2. Western Europe Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. 4. Western Europe Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Emission Monitoring System Market

16.1. UK Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Emission Monitoring System Market

17.1. Germany Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Emission Monitoring System Market

18. 5. France Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. 6. France Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. 7. France Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Emission Monitoring System Market

19. 9. Italy Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Emission Monitoring System Market

20.13. Spain Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Emission Monitoring System Market

21.1. Eastern Europe Emission Monitoring System Market Overview
21.2. Eastern Europe Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. 4. Eastern Europe Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Emission Monitoring System Market

22.1. Russia Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Emission Monitoring System Market

23.1. North America Emission Monitoring System Market Overview
23.2. North America Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. 4. North America Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Emission Monitoring System Market

24.1. USA Emission Monitoring System Market Overview
24.2. USA Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. 4. USA Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Emission Monitoring System Market

25.1. Canada Emission Monitoring System Market Overview
25.2. Canada Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. 4. Canada Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Emission Monitoring System Market

26.1. South America Emission Monitoring System Market Overview
26.2. South America Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. 4. South America Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Emission Monitoring System Market

27.1. Brazil Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Emission Monitoring System Market

28.1. Middle East Emission Monitoring System Market Overview
28.2. Middle East Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. 4. Middle East Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Emission Monitoring System Market

29.1. Africa Emission Monitoring System Market Overview
29.2. Africa Emission Monitoring System Market, Segmentation By System Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Emission Monitoring System Market, Segmentation By Component Outlook, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. 4. Africa Emission Monitoring System Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Emission Monitoring System Market Competitive Landscape And Company Profiles

30.1. Emission Monitoring System Market Competitive Landscape
30.2. Emission Monitoring System Market Company Profiles
- 30.2.1. Thermo Fisher Scientific Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1. 4. Financial Performance
- 30.2.2. Teledyne Technologies Inc.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2. 4. Financial Performance
- 30.2.3. Sick AG
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3. 4. Financial Performance
- 30.2. 4. Rockwell Automation Inc.
  - 30.2. 4.1. Overview
  - 30.2. 4.2. Products and Services
  - 30.2. 4.3. Strategy
  - 30.2. 4. 4. Financial Performance
- 30.2. 5. Parker-Hannifin Corporation
  - 30.2. 5.1. Overview
  - 30.2. 5.2. Products and Services
  - 30.2. 5.3. Strategy
  - 30.2. 5. 4. Financial Performance

31. Global Emission Monitoring System Market Competitive Benchmarking

32. Global Emission Monitoring System Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Emission Monitoring System Market

34. Emission Monitoring System Market Future Outlook and Potential Analysis

34.1 Emission Monitoring System Market In 2028 - Countries Offering Most New Opportunities
34.2 Emission Monitoring System Market In 2028 - Segments Offering Most New Opportunities
34. 3 Emission Monitoring System Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35. 4. Research Inquiries
35. 5. The Business Research Company
35. 6. Copyright And Disclaimer