Global Biogas Generation Systems Market - 2023-2030

Market Overview

Global Biogas Generation Systems Market reached US$ 3.7 billion in 2022 and is expected to reach US$ 5.7 billion by 2030 growing with a CAGR of 5.5% during the forecast period 2023-2030. With rising pollution, several countries around the world are working on reducing carbon emissions. Using renewable energy sources, such as biogas, can help reduce the world's expanding carbon footprint and, as a result, minimize the average rate of global warming.

Supportive government initiatives and an increasing share of biogas and biomethane blends are driving the global biogas generation systems market. With growing technical advancements and investments in the region's refinery industry, Europe is predicted to account for more than 1/3rd of the global biogas generation systems market in 2022.

Germany is expected to dominate the region's biogas systems development. It has been working for several years to build a new biogas infrastructure that would help the growing biogas sector. For example, in June 2020, a partnership of biomethane sector partners and the Deutsche Engergie-Agentur established a new biogas pipeline that can bundle raw biogas supplies to up to 48 biogas plants across Germany.

Market Dynamics

The Rise in Demand for Electricity Across the World

Increased waste generation is coupled by rising electrical demand. By transforming organic waste, such as agricultural residues, food waste and sewage sludge, into biogas, biogas generation systems provide an environmentally friendly method to waste management. Not only does this reduce the environmental impact of waste, but it generates electricity as a useful byproduct.

Furthermore, the Ghana government will commission a new Hybrid-PV-Biogas-Pyrolysis-Plant with an output of 400kW in Ashanti, Ghana, in May 2022. The time required to accomplish this project was 48 months. The plant can convert 12 tonnes of garbage everyday into bio-fertilizer and energy. The project can produce 200KW of power through solar, 100KW from biogas and another 100KW from plastic waste pyrolysis.

The Growing Support from Government

The market of biogas generation systems is expanding in order to reduce greenhouse gas emissions and facilitate the breakdown of food and kitchen waste. Small biogas digesters have been funded by governments and non-governmental organizations in rural parts of Asia-Pacific, South America and Africa. Recent developments in the small-scale biogas plant will increase energy production efficiency and reduce gas liquefaction time. Several businesses are focusing on technical advancements, which are expected to drive the biogas generation systems market.

Companies are building new plants to increase their revenue. For example, Gasum Ltd. has inaugurated a new biogas plant in Vormstad, Norway, in December 2022. Trndelag Biogass is the name of the consortium and the other two members are Norwegian investment firms Aune Holdingselskap and Salvesen & Thams. Gasum would own the majority of the plant and it would distribute all of the biogas produced.

Technological and Infrastructural Challenges

Technological limits have an impact on the efficiency and performance of biogas generation systems. Difficulties in optimizing biogas production, handling various kinds of feedstock, keeping stable operational conditions and managing possible pollutants are all significant challenges. To solve these constraints and improve the overall efficiency of biogas producing systems, technological breakthroughs are required.

Connecting biogas facilities to the power grid can be challenging, particularly in remote or underdeveloped locations. In order to integrate biogas-generated electricity into the current power system, large investments in grid infrastructure and transmission capacity may be required. A lack of proper grid connectivity could hamper market growth.

COVID-19 Impact Analysis

Despite obstacles, many governments have continued to fund renewable energy technologies, such as biogas. Governments have recognised the necessity of switching to greener energy sources and lowering greenhouse gas emissions, which has resulted in favourable laws, incentives and subsidies for biogas projects.

The epidemic emphasises the significance of efficient waste management systems. Biogas generation systems are essential for transforming organic waste into electricity, reducing methane emissions and supporting circular economy practises. In the long run, the focus on waste management and sustainability may present prospects for the biogas sector.

Russia-Ukraine War Impact Analysis

The Russian-Ukrainian conflict has a substantial influence on the energy sector. Russia's invasion of Ukraine caused shockwaves across the world's energy and power markets, causing price instability, supply shortages and security concerns. Before the Russia-Ukraine war, the global biogas generation system market was expanding.

The war has a significant impact on renewable energy supply and demand. The war increased the cost of creating biogas plant components and spare parts. The conflict has the potential to interrupt energy supplies, especially natural gas, increasing demand for alternative energy sources such as biogas. Biogas generation systems, as a renewable energy source, is more appealing in areas where energy supply is disrupted.

Segment Analysis

The global biogas generation systems market is segmented based on feedstock, application, end-user and region.

The Easy Availability and Decomposition of Agricultural Sludge

Since agriculture waste is readily available in the form of organic waste, agricultural sludge is expected to account for roughly 1/4th of the global biogas generation systems market in 2022. Agriculture waste decomposition is simple and promotes the generation of biofertilizers that can be used in agriculture.

In Telangana, India, electricity is created from vegetable waste. The biogas plant is currently referred to as the "pathway to a sustainable future." The market canteen is powered by electricity generated by the built plant. On average, the market yard uses 650-700 units of power and around 7-8 tonnes of vegetable waste to generate 400 units of electricity. As a result, the market remains clean and pollution-free.

Geographical Analysis

The Rising Natural Gas Consumption in Asia-Pacific

Asia-Pacific is anticipated to grow at the fastest growth rate holding around 1/4th of the global biogas generation systems market during the forecast period 2023-2030. As per the IEA outlook, Due to increased natural gas consumption and imports, Asia-Pacific has the highest potential customers for biogas and biomethane. In China, initiatives aiming at improving access to modern energy and clean cooking fuels have encouraged the development of household-scale digesters to create biogas in rural areas.

Furthermore, developing regions such as Asia-Pacific are implementing a variety of plans and strategies to enhance the role of biogas in their energy generating mix. In 2021, EnviTec Biogas AG planned eight biogas plants in China and has already handed over five of them to the Chinese government. Both plants can generate around 37,000 Nm3 of biogas per day.

Competitive Landscape

The major global players include: Engie SA, Ameresco Inc, Gasum Ltd, Air Liquide SA, EnviTec, Renergon International AG, IES BIOGAS srl, Wartsila, Biofrigas Sweden AB and CH4 Biogas.

Why Purchase the Report?

• To visualize the global biogas generation systems market segmentation based on feedstock, application, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of biogas generation systems market level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global biogas generation systems market report would provide approximately 61 tables, 60 figures and 205 pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies