Biogas Plant Market Analysis

Application (Electricity Generation, Biofuel, Heat Generation)

The electricity generation segment in the biogas plant market is poised to grow at the highest share by the end of 2037 on account of rising demand for electricity and growing electrification of transport. As per the data provided by International Energy Agency (IEA), the total energy consumption in the world increased by 856 TWh from 2017 to 2018. The values for the same were 21,460 TWh and 22,316 TWh in the respective years. Along with these, the increasing disposable income of people around the world coupled with escalating usage of digitally connected devices is also evaluated to boost the growth of this market segment in the future.

Type (Small-Scale, Medium-to-Large Scale Digesters)

Biogas plant market from the small-scale segment is estimated to have significant growth over the forecast period owing to the increasing implementation of these types of biodigesters in rural areas of developing countries to reduce dependency on liquefied petroleum gas (LPG), natural gas and other hydrocarbon fuels. Moreover, government are initiating efforts in order to encourage the people living in rural area to adopt biogas digester by making them aware about adverse effects of fuel.

Our in-depth analysis of the global market includes the following segments: