Press release
Revolutionizing Sustainability: Anaerobic Digestion Systems Market Poised to Hit $25.4 Billion by 2030
Redding, California, June 13, 2023 - In a groundbreaking revelation, a recently published market research report titled 'Anaerobic Digestion Systems Market' projects a substantial growth trajectory, forecasting the market to reach $25.4 billion by 2030, with a robust CAGR of 9.8% from 2023 to 2030.The steady surge in the anaerobic digestion systems market is attributed to heightened awareness surrounding renewable energy benefits, government incentives, and the escalating costs associated with fossil fuels. Anaerobic digestion, an eco-friendly waste management and renewable energy production method, employs bacteria to break down organic matter without oxygen, effectively reducing greenhouse gas emissions, odors, and environmental impact associated with conventional waste disposal practices.
Driving this growth is the global demand for renewable energy, stringent environmental regulations, the imperative for safe waste disposal, and an increased understanding of the advantages offered by anaerobic digestion systems. However, the market faces challenges stemming from the availability of alternative renewable energy sources.
Download Sample Copy: https://www.meticulousresearch.com/download-sample-report/cp_id=5522
The adoption of organic feedstock for biogas generation and the integration of advanced technologies into anaerobic digestion systems are identified as key growth opportunities. Yet, operational issues pose significant challenges for market players. Notably, co-digestion is emerging as a prominent trend, reflecting the market's adaptability.
The Anaerobic Digestion Systems Market is segmented across hardware (digesters tanks, biogas handling equipment, monitoring & control equipment, feedstock pre-processing equipment, and other hardware), software (simulation software, energy modeling software, data management software), and services (designing & installation services and operations & maintenance services). The report further categorizes by feedstock type, capacity, application, sector, and geography.
The report also provides a comprehensive analysis of key growth strategies adopted by leading market participants, including Evoqua Water Technologies LLC, PlanET Biogas Global GmbH, Biogen (UK) Ltd, Hitachi Zosen Inova AG, Nature Energy, and others.
Key Players:
The key players operating in the anaerobic digestion systems market are Hitachi Zosen Inova AG (Switzerland), Nature Energy (Denmark), BTS Biogas Srl/GmbH (Italy), EnviTec Biogas AG (Germany), Evoqua Water Technologies LLC (U.S.), PlanET Biogas Global GmbH (Germany), Biogen (UK) Ltd (U.K.), VWS (UK) Ltd, Agrinz Technologies GmbH (Austria), Bioenergy Devco (U.S.), AAT Abwasser- und Abfalltechnik GmbH (Austria), Agraferm GmbH (Germany), Scandinavian Biogas Fuels International AB (Sweden), BDI-BioEnergy International GmbH (Austria), ENGIE SA (France), Capstone Green Energy Corporation (U.S.), BIOQUADRAT Energie- und Wassertechnik Holding GmbH (Austria), Zero Waste Energy, LLC (U.S.), and Renewi plc (U.K.).
Scope of the Report: The report encompasses an in-depth assessment across various parameters, including offering, feedstock type, capacity, application, sector, and geography.
Based on capacity, the global anaerobic digestion systems market is broadly segmented into small-scale, medium-scale, and large-scale. In 2023, the medium-scale segment is expected to account for the largest share of the global anaerobic digestion systems market. The large market share of this segment is attributed to the increasing use of anaerobic digestion systems with a capacity between 500 kW-3 MW for commercial and industrial operations and the growing need to process large volumes of organic waste for biogas production for large-scale renewable energy projects. The medium-scale segment is also projected to register the highest CAGR during the forecast period.
Speak to Analyst: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5522
Based on application, the global anaerobic digestion systems market is broadly segmented into power generation, fuel, agricultural & industrial waste management, and other applications. In 2023, the power generation segment is expected to account for the largest share of the global anaerobic digestion systems market. The large market share of this segment is attributed to the increasing need to generate electricity by converting biogas produced from organic waste into electricity using anaerobic digestion systems, the growing demand for renewable energy sources, and the increasing government support for renewable energy projects.
However, the agricultural & industrial waste management segment is projected to register the highest CAGR during the forecast period due to the increasing need to manage organic waste from agricultural and industrial operations, such as food processing facilities or livestock farms, the increasing demand for renewable fuels and the need for sustainable waste management solutions, and the increasing environmental regulations and mandates to reduce greenhouse gas emissions and other environmental problems.
Based on sector, the global anaerobic digestion systems market is broadly segmented into automotive, energy & utilities, commercial & residential, agriculture, and industrial. In 2023, the energy & utilities segment is expected to account for the largest share of the global anaerobic digestion systems market. The large market share of this segment is attributed to the increasing need to reduce greenhouse gas emissions, stringent environmental regulations, incentives for renewable energy production, rising acceptance of biofuels, and the need for alternative renewable energy sources.
However, the agriculture segment is projected to register the highest CAGR during the forecast period due to the increasing government mandate to reduce agriculture waste, the growing need to process animal waste from livestock operations and process crop residues, the rising need for alternative sources of renewable energy to reduce dependency on fossil fuels, the increasing use of co-digestion systems in agricultural waste with other waste streams to increase biogas production and organic fertilizer.
Based on geography, the global anaerobic digestion systems market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, Europe is expected to account for the largest share of the global anaerobic digestion systems market, followed by Asia-Pacific and North America. Europe's major market share is mainly attributed to its developed waste management infrastructure, stringent environmental regulations, such as emissions regulations, EU Landfill Directive, EU Renewable Energy Directive, mandatory organic waste diversion targets, tax incentives, and subsidies for biogas production, and the growing volume of organic waste from the agriculture sector for anaerobic digestion. Furthermore, several European countries offer favorable feed-in tariffs and other incentives for renewable energy production, increasing the demand for anaerobic digestion systems for biogas production in the region.
Buy Now: https://www.meticulousresearch.com/Checkout/88098677
However, Asia-Pacific is expected to register the highest CAGR during the forecast period. The growth of this regional market is attributed to the increasing demand for sustainable waste management solutions, the increasing waste management regulations to reduce the amount of waste going to landfills and promote recycling, and the increasing government policies and incentives in countries, including China, India, and Japan to promote the use of renewable energy and reduce greenhouse gas emissions.
About Us
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.
Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Revolutionizing Sustainability: Anaerobic Digestion Systems Market Poised to Hit $25.4 Billion by 2030 here
News-ID: 3360079 • Views: …
More Releases from Meticulous Research®
Automotive Lubricants Market to be Worth $114.2 Billion by 2030
Meticulous Research®-a prominent global market research firm-has released a report titled "Automotive Lubricants Market by Product Type (Engine Oil, Transmission & Hydraulic Fluids, Gear Oil, Grease, Chain Oil, Brake Fluids), Vehicle Type, Composition, Sales Channel, and Geography - Global Forecast to 2030."
Download Research Report Sample @ https://www.meticulousresearch.com/download-sample-report/cp_id=5036
The report indicates that the automotive lubricants market is anticipated to reach $114.2 billion by 2030, with a compound annual growth rate (CAGR) of…
UV Stabilizers Market was valued at $1.90 billion by 2031
Meticulous Research®, a leading global market research firm, has released a new report titled "UV Stabilizers Market-Global Opportunity Analysis and Industry Forecasts (2024-2031)." This publication forecasts that the UV stabilizers market is expected to reach $1.90 billion by 2031, growing at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.
Download Research Report Sample @ https://www.meticulousresearch.com/download-sample-report/cp_id=6020
The market's growth is primarily driven by the increasing use of UV…
Non-alcoholic Wine Market to Reach $2.61 Billion by 2031
Meticulous Research®, a prominent global market research firm, has published an insightful report titled "Non-alcoholic Wine Market-Global Opportunity Analysis and Industry Forecast (2024-2031)." This publication forecasts that the non-alcoholic wine market will reach an impressive $2.61 billion by 2031, growing at a compound annual growth rate (CAGR) of 11.6% from 2024 to 2031.
Download Research Report Sample @ https://www.meticulousresearch.com/download-sample-report/cp_id=6014
The growth of the non-alcoholic wine market is primarily driven by shifting…
The Freeze Drying Equipment Market is set to reach $8.4 billion by 2031
Meticulous Research®, a leading global market research firm, has published a report titled "Freeze Drying Equipment Market-Global Opportunity Analysis and Industry Forecast (2024-2031)." This report forecasts that the freeze drying equipment market is set to reach $8.4 billion by 2031, with a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
Download Research Report Sample @ https://www.meticulousresearch.com/download-sample-report/cp_id=6033
The growth of the freeze drying equipment market is primarily driven by the…
More Releases for GmbH
Grain Bunker Wall Market | AGROTEL GmbH, Bosch Beton GmbH & Co. KG, CBS Beton Gm …
Introduction:
The introduction to the report serves as a gateway into the comprehensive world of the grain bunker wall market. As industries continue to evolve and adapt to changing consumer demands and technological advancements, understanding the market dynamics becomes paramount for industry stakeholders. The report takes on the responsibility of offering a profound and all-encompassing analysis of the grain bunker wall market, catering to the needs of a diverse audience that…
Inline System Market Size, Industry Share, SWOT Analysis, Recent Developments - …
Inline System Market Scope & Overview
Inline System market research covers potential customers, sales and competitive environment studies, upcoming product releases, existing and unique technology breakthroughs, revenue and trade regulation evaluations, and much more. According to market research, the worldwide industry has new and rapidly developing market categories, geographical locations, market drivers, challenges, and opportunities.
The goal of the Inline System market is to provide players with the opportunity to understand the…
Global Endoscope Light Source Market 2020 Shrek, GIMMI GmbH, PolyDiagnost GmbH, …
Endoscope Light Source: Regional and Global Market Opportunities - Key Competitors, Industry Segments, and Strategic Analysis, 2020-2025
The market study is primarily based on primary and secondary data collected through systematic research approach. The research approach is defined by expert market analysts in line with business consultants and international research standards. Economic, political, and environmental regulations for Endoscope Light Source market are examined to draw the conclusion on macroeconomic business environment.…
Collimating Lens Market | Ocean Optics, Inc., INGENERIC GmbH, TRIOPTICS GmbH, Av …
Global Collimating Lens Market: Overview
The report details an exhaustive account of the global collimating lens market along with numerous associated factors. Some of these factors that are included in the report are drivers, restraints, competitive analysis, latest trends and opportunities, geographical outlook, and many other aspects. The study covered in the report spans a forecast period from 2018 to 2028. From an overall perspective, the report is expected to exist…
Polymer Solar Cells Market Heliatek GmbH, BELECTRIC OPV GmbH (OPVIUS GmbH), Sola …
The global polymer solar cells market is anticipated to witness expansion at exponential CAGR over the forecast by 2027, according to a report published by Research Report Insights. The report primarily focuses on driver, restraints, challenges and trends in the market. The report even focuses on in-depth market segmentation to project volume and value estimations over the ten year assessment period.
Long-term Overview
According to a report published by RRI, the polymer…
Global 3D Printing Market to 2025| Stratasys, 3D Systems, Solidscape, EOS GmbH, …
Albany, NY, 3rd January : Recent research and the current scenario as well as future market potential of "3D Printing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" globally.
Global 3D Printing Market: Overview
3D Printing Market report provides analysis for the period 2015 – 2025, wherein the period from 2017 to 2025 is the forecast and 2016 is the base year. The report covers all…