Waste to Energy : Increasing amount of waste generated, and rising demand for electricity in the developing economies
Emergen Research Logo
Market Size – USD 35.80 billion in 2019, Market Growth - CAGR of 5.7%, Market Trends – Increasing adoption of biological technology
VANCOUVER, BC, CANADA, April 27, 2022 /EINPresswire.com/ -- The global Waste to Energy Market will be worth USD 54.16 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the rapid urbanization and industrialization in the developing economies, along with increasing demand for cleaner sources of energy. The rising adoption of the renewable sources of energy among the industrial and transportation sectors is expected to drive the growth of the waste to energy market. The increasing need for sustainable urban living and minimization of the dependency on fossil-fuel power generation is projected to fuel the system's demand over the forecast period.
Limited availability for landfill sites and the steady growth of the cities have increased the adoption of waste-to-energy technologies. Growing initiatives of the government, such as the implementation of strict emission control measures, increasing investment for the development of technologically advanced waste to energy facilities, the imposition of landfill or carbon tax, are most likely to propel the market's growth over the forecast period.
Favorable regulatory policies of the government, the increasing amount of waste generated, and rising demand for electricity in the developing economies are driving the demand of the market.
Technological advancements of the plants, such as innovations in combustions and boiler design, expansions of the waste to energy facilities, or enhancements in metal recovery systems, are most likely to propel growth opportunities for the industry.
Increasing adoption of the biological technology over thermal technology is due to the shifting of preferences towards zero waste paths. The expensive installation cost of the incineration and the health risks has resulted in the rising adoption of recycling and waste prevention policies. The biological technology uses anaerobic digestion to generate biogas, which is ecofriendly
Download FREE Sample PDF Copy (Customized Sample PDF File delivered as per your specific requirement)@ https://www.emergenresearch.com/request-sample/228
The steady Waste to Energy market share growth can be attributed to a variety of factors and trends in the global Waste to Energy market currently. Global Waste to Energy market revenue growth is supported to a significant extent due to rising focus by major players on product/service expansion into new and untapped domestic markets and rising competition in the market. These factors are expected to drive incline in regional Waste to Energy market share growth over the forecast period.
In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Waste to Energy market share contribution of these countries. In addition, Waste to Energy market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.
Key Highlights From The Report
In September 2019, Mitsubishi Heavy Industries Thermal Systems, Ltd., a group company of Mitsubishi Heavy Industries Ltd., entered into a joint venture with State Grid Energy Conservation Service Co., to perform services of technical consulting for energy conservation investment projects in China.
The thermal technology held the largest market share of 52.1% in 2019 due to the increasing development in the gasification and incineration technologies.
Incineration thermal technology is a key contributor to the growth of the thermal technology segment. It reduces the quantity of waste in landfills, prevents the production of methane gas from the landfills, and generates energy from waste. For example, countries with cold weather, like Sweden, generate 8% of their heating needs from waste incinerators.
Top key vendors in Waste to Energy Market include are:
Suez, Hitachi Zosen Inova AG, China Everbright International Limited, Covanta, Waste Management Inc., Veolia, Mitsubishi Heavy Industries Ltd, Xcel Energy Inc., Ramboll Group A/S, and Babcock & Wilcox Enterprises, Inc., among others.
Emergen Research has segmented the global Waste to Energy Market on the basis of Technology, and region:
Technology Outlook (Revenue, USD Billion; 2017-2027)
Biological Technology
Biogas Plants
Landfill Gas
Fermentation
Thermal Technology
Pyrolysis
Incineration
Gasification
Physical Technology
Access the Entire Report packed with TOC, Tables and Figures and Outline of Prominent Companies@ https://www.emergenresearch.com/industry-report/waste-to-energy-market
In terms of Waste to Energy market share and revenue contribution to the global Waste to Energy market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Waste to Energy market share.
Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Waste to Energy Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.
Region wise performance of the Waste to Energy industry
Asia Pacific market share contribution to the global Waste to Energy market is expected to continue to register comparatively faster growth rate than other regional markets between 2020 and 2028. Rapid growth rate of China and India Waste to Energy market share contribution can be attributed to increasing population and disposable income, and steady economic growth, and the trend is expected to continue going ahead.
Steady increase in Europe Waste to Energy market share growth is primarily supported by continuous developments in major countries in the region. Robust focus on research and development initiatives by major firms in countries in the region is also expected to continue to support market share growth of the Europe Waste to Energy market going ahead.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
United States
Europe
China
Japan
Southeast Asia
India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us@ https://www.emergenresearch.com/request-for-customization/228
The research provides answers to the following key questions:
What will be the growth rate and the market size of the Waste to Energy industry for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the Waste to Energy market across different regions?
Who are the major driving forces expected to decide the fate of the Waste to Energy industry worldwide?
Who are the prominent market players making a mark in the Waste to Energy market with their winning strategies?
Which Waste to Energy industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the Waste to Energy market?
Table of Content
Chapter 1. Methodology & Sources
1.1. Waste to Energy Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Waste to Energy Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Waste to Energy Market Segmentation & Impact Analysis
4.1. Waste to Energy Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Waste to Energy Market indicators analysis
4.2.2. Waste to Energy Market drivers analysis
4.2.2.1. Rapid urbanization and industrialization
4.2.2.2. Stringent government regulations regarding carbon emissions
4.2.2.3. Increasing prevalence of respiratory diseases
4.2.2.4. Rising need to enhance indoor air quality
4.2.3. Waste to Energy Market restraints analysis
4.2.3.1. High cost associated with the maintenance of Waste to Energy products
4.2.3.2. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Waste to Energy Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.2. Europe
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2. Distributors
10.5.2.1. North America
10.5.2.2. Europe
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
10.5.3. Others
Avail Discount on Waste to Energy Market Report@ https://www.emergenresearch.com/request-discount/228
Why Choose Emergen Research?
Strong Industry Focus
Extensive Product Offerings
Customer Research Services
Robust Research Methodology
Comprehensive Reports
Latest Technological Developments
Value Chain Analysis
Potential Market Opportunities
Growth Dynamics
Quality Assurance
Post-sales Support
Soil Monitoring https://marketographics.com/how-smart-soil-irrigation-monitoring-system-can-be-helpful-to-monitor-crop-production/
Drip Irrigation https://marketographics.com/drip-irrigation-as-the-most-efficient-irrigation-system-type-emergen-research/
Vehicle-to-Everything (V2X) https://marketographics.com/vehicle-to-everything-v2x-a-reality-towards-fully-autonomous-driving/
Solar Vehicle https://marketographics.com/solar-vehicle-market-projected-to-witness-vigorous-expansion-by-2027/
Head-up Display https://marketographics.com/top-10-head-up-display-companies-worldwide-emergen-research/
About us :
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
Eric Lee
Emergen Research
+91 90210 91709
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
