The global biogas generator market is expected to grow over the forecast period as the focus shifts from conventional energy sources such as coal, gas and crude oil to renewable alternatives such as wind, solar and tidal. Growing environmental concerns and favourable regulations to encourage biogas consumption are expected to impact the market positively. Additionally, the growing importance of biogas in municipalities, industrial processing and agriculture to meet energy needs is further expected to drive the market for biogas-operated equipment.
MARKET SCOPE
The "Global Biogas Generator Market Analysis to 2028" is a specialized and in-depth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The report aims to provide an overview of the biogas generator market with detailed market segmentation by product feedstock, end user, and geography. The global biogas generator market is expected to witness rapid growth during the forecast period. The report provides key statistics on the market status of the leading biogas generator market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global biogas generator market is segmented by feedstock, and end user.
- Based on feedstock, the market is segmented into Agricultural Waste, Energy Crops, Industrial Waste Municipal Waste, Sewage Sludge, Others
- On the basis of end user, the market is segmented into Household Electricity, Commercial Electricity, Others
MARKET DYNAMICS
Drivers:
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- The growing importance of using biogas in municipalities, industrial processing and agriculture to meet energy demand is expected to further expand the global biogas generator market during the forecast period.
- The high installation costs associated with building biogas plants will likely challenge the market over the forecast period.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The automotive connector's market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the automotive connector's market in these regions.
IMPACT OF COVID-19
The global biomass generator market is severely affected by the outbreak of the COVID-19 pandemic. Electricity producers, who impose peak prices for their revenues, could be negatively affected due to COVID-19, particularly coal and natural gas. Lower peak demand can result in lower fossil fuel use and relatively higher renewable energy use in the generation stack. Most renewable energy projects have long-term PPAs whose revenues are expected to be less impacted, although traders predict that lower market prices will hit those without a PPA. Due to the COVID-19 outbreak, much of the preparatory work for the Mount Everest biogas generator project in Nepal has been halted. Furthermore, due to COVID-19, India is likely to miss its 15 million biogas production by 2023. The biogas generator market is mainly driven by the growing demand for electricity and the growing focus on alternative fuels to achieve an imperishable form of energy and security. However, a lack of awareness and understanding of biogas as an energy source by the general public is likely to hinder market growth.
MARKET PLAYERS
The reports cover key developments in the biogas generator market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from biogas generator market are anticipated to lucrative growth opportunities in the future with the rising demand for biogas generator in the global market. Below mentioned is the list of few companies engaged in the biogas generator market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the biogas generator market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, the key development in the past five years.
- Carbotech
- DGE Gmbh
- DMT Environmental Technology
- Kohler and Ziegler
- Prometheus Energy
- Acrona Systems
- Envirotech
- Inoplex
- Qualitech Engineers
- Urja Bio System Private Limited