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.
The report provides detailed insights into Waste to Energy market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Waste to Energy market size over the forecast period, 2020–2028. The report includes profiles of major Waste to Energy players in the market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. Also included are details regarding top Waste to Energy market players, manufacturers, and vendors and the various strategies being deployed in the market and objectives for these strategies.
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Global Waste to Energy market revenue growth is primarily driven by rising focus by major companies on product portfolio expansion, entry into new and untapped domestic and international markets, rising investments my top Waste to Energy market players, manufacturers, and vendors in strategic agreements and contracts, and rapidly increasing competition in the Waste to Energy market.
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
- Thermal Technology
- Physical Technology
- Biological Technology
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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.
The market intelligence report on the Waste to Energy Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.
Region wise performance of the Waste to Energy industry
North America Waste to Energy market revenue growth was relatively higher than that of other regional markets in 2020. North America Waste to Energy market revenue is expected to continue to remain dominant over the forecast period, supported by robust presence of top market players, manufacturers, and vendors, and favorable government policies and norms in countries in the region.
Asia Pacific Waste to Energy market revenue registered fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Waste to Energy market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. China is a robust hub for top Waste to Energy market players, manufacturers, and vendors, as well as easy access to raw materials and workforce at more economical costs that that of other regional markets.
Europe Waste to Energy market revenue is expected to continue to remain steady over the forecast period, attributed to changing trends in various market and robust focus on research and development initiatives by top market players, manufacturers, and vendors to expand global footprint and drive revenues and profits.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Southeast Asia
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 [email protected] 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
1.4. Research Sources
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
188.8.131.52. Rapid urbanization and industrialization
184.108.40.206. Stringent government regulations regarding carbon emissions
220.127.116.11. Increasing prevalence of respiratory diseases
18.104.22.168. Rising need to enhance indoor air quality
4.2.3. Waste to Energy Market restraints analysis
22.214.171.124. High cost associated with the maintenance of Waste to Energy products
126.96.36.199. 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
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2.1. North America
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
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